Civic Intelligence

Indy Gateway Inc.

990 • Fiscal year 2021 • EIN 47-3583307

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 21, 2022

Organization ProfileWWW.INDYGATEWAY.ORG
700 N High School Rd 2nd FloorIndianapolis, IN 46214

(317) 223-4614

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.13x

Higher debt load relative to assets than 68% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

76th percentile

0.24x

Higher debt load relative to revenue than 76% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

90th percentile

59%

Higher net margin than 90% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

61st percentile

$31,904

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 7.8% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

17th percentile

-5.0%

Faster asset growth than 17% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

78th percentile

62%

Faster revenue growth than 78% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets68th percentile

Assets

Down

$737,935

Down $39,113 (-5.0%) from 2020

Net Assets

Up

$641,585

Up $239,943 (+60%) from 2020

Liabilities

Down

$96,350

Down $279,056 (-74%) from 2020

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin90th percentile

Revenue

Up

$406,912

Up $155,071 (+62%) from 2020

Expenses

Down

$166,969

Down $20,587 (-11%) from 2020

Net Income

Up

$239,943

Up $175,658 (+273%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth17th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2015: $16,583Liabilities 2015: $0Net Assets 2015: $16,5832015Assets 2016: $23,244Liabilities 2016: $0Net Assets 2016: $23,2442016Assets 2017: $104,168Liabilities 2017: $02017Assets 2018: $230,359Liabilities 2018: $0Net Assets 2018: $230,3592018Assets 2019: $587,357Liabilities 2019: $250,000Net Assets 2019: $337,3572019Assets 2020: $777,048Liabilities 2020: $375,406Net Assets 2020: $401,6422020Assets 2021: $737,935Liabilities 2021: $96,350Net Assets 2021: $641,5852021Assets 2022: $735,020Liabilities 2022: $69,372Net Assets 2022: $665,6482022Assets 2023: $751,705Liabilities 2023: $41,873Net Assets 2023: $709,8322023Assets 2024: $930,137Liabilities 2024: $1,357Net Assets 2024: $928,7802024

Highlighted filing

2021

Assets$737,935
Liabilities$96,350
Net Assets$641,585
Open 2021 Filing

Operations Trend

Revenue Growth78th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0Revenue 2015: $30,100Expenses 2015: $13,517Net Income 2015: $16,5832015Revenue 2016: $50,972Expenses 2016: $44,312Net Income 2016: $6,6602016Revenue 2017: $89,211Expenses 2017: $59,187Net Income 2017: $30,0242017Revenue 2018: $240,118Expenses 2018: $79,532Net Income 2018: $160,5862018Revenue 2019: $176,727Expenses 2019: $69,729Net Income 2019: $106,9982019Revenue 2020: $251,841Expenses 2020: $187,556Net Income 2020: $64,2852020Revenue 2021: $406,912Expenses 2021: $166,969Net Income 2021: $239,9432021Revenue 2022: $200,201Expenses 2022: $175,835Net Income 2022: $24,3662022Revenue 2023: $215,266Expenses 2023: $171,082Net Income 2023: $44,1842023Revenue 2024: $391,474Expenses 2024: $172,526Net Income 2024: $218,9482024

Highlighted filing

2021

Revenue$406,912
Expenses$166,969
Net Income$239,943
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 21, 2022
Return Version
2021v4.2
Gross Receipts
$413,817
Mission and Program Overview

Mission

Indy gateway was created for and its primary objective is to improve economic development and community development. The purposes include promoting economic growth, increasing opportunities for the revitalization of neighborhoods, and making the west side of indianapolis a place where families want to live, work and play.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$623,220$299,348▼ $323,872
Investments Program Related$29,818$291,604▲ $261,786
Land, Buildings, and Equipment, Net$97,260$121,233▲ $23,973
Accounts Receivable$26,750$25,750▼ $1,000
Total Assets$777,048$737,935▼ $39,113
Liabilities
Deferred Revenue$375,406$96,350▼ $279,056
Total Liabilities$375,406$96,350▼ $279,056
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$306,162$556,750▲ $250,588
Net Assets With Donor Restrictions$95,480$84,835▼ $10,645
Total Net Assets Fund Balance$401,642$641,585▲ $239,943
Total Liabilities and Net Assets / Fund Balance$777,048$737,935▼ $39,113

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$291,604--
Leasehold Improvements$121,233$9,767-
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lisa BentleyExecutive DirectorPT$31,904$31,904
BentleyExecutive DirectorPT$21,804$21,804

Board Members and Trustees

NameTitle
Bart YorkPresident
Caitlin WithersDirector
Chris PryorDirector
Chris WilkesDirector
Eric AndersonDirector
Guy FinnDirector
Jared EvansDirector
Jeffrey K ButtsDirector
Karlee MacerDirector
Matthew PrusieckiDirector
Maximillian CoconatoDirector
Richard JosephDirector
Rick CardwellDirector
Rick ProctorDirector
Timothy BrownDirector
Todd CookTreasurer
Troy BrosseauVice Presdent
Revenue and Support

Revenue Composition

Contributions and Grants
$410,984
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-4,072
All Other Contributions
$330,259
Change in Net Assets
$239,943

Audited Revenue Reconciliation

Revenue per Audited Statements
$406,912
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$6,905
Total Revenue per Audited Statements
$413,817
Total Revenue per Form 990
$406,912
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$78,574
Salaries, Compensation, and Employee Benefits$53,708
Grants and Similar Amounts Paid$34,687
Total Fundraising Expense$19,335
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$14,501$19,872$19,335$53,708
Grants to Domestic Orgs$34,687--$34,687
Other Expenses$69,127$5,318-$5,318
Fees for Services Accounting$2,000--$2,000
Insurance-$1,302-$1,302
Depreciation Depletion$827--$827
Total Functional Expenses$121,142$26,492$19,335$166,969

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$173,874
Expenses per Audited Statements$166,969
Total Expenses per Form 990$166,969
Expenses Not Reported on Form 990$6,905
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
B&o Trail AssociationBrownsburg, IN-Trail Development Support$34,687
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$6,905
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Organization's process to review form 990: the form 990 is reviewed and approved by the treasurer. It is then reviewed, approved, and signed by the board president.”

Form 990, Part VI, Section B, Line 12C

“Each board member completes the applicable form annually in january or february.”

Form 990, Part VI, Section B, Line 15

“The executive director is a contractual employee. The hourly rate for the position is $45 per hour, and has been since august 2015. The increase in the number of hours worked has been contingent upon the budget and determined each year through the approval of the budget.”

Form 990, Part VI, Section C, Line 19

“Governing documents disclosure: the organization's governing documents, conflict of interest policy, and financial statements are available to the public upon written request or in person at the organization's offices.”

Filing and Contact Details

Filer

Filer Name
Indy Gateway Inc
EIN
47-3583307
Phone
3172234614
Address
700 N HIGH SCHOOL RD 2ND FLOOR, INDIANAPOLIS, IN 46214

Signing Officer

Name
Troy Brosseau
Title
Current Board President
Phone
3172234614
Signed
2022-06-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Troy Brosseau
Formed
2015
Legal Domicile
In
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
25

Preparer

Firm
Donovan Pc
Address
5151 E US HWY 36, AVON, IN 46123
Preparer
Jeffrey M Donovan CPA Cva Maff
Phone
3177456411
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Professional accounting standards require the organization to recognize a tax liability only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax liability that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax liability is recorded. The organization has examined this issue and has determined that there are no material contingent tax liabilities or questionable tax positions. All tax years ended after 2017 are open to audit for federal and state purposes.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expense offset to revenue 6,905.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expense offset to revenue 6,905.”

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IRS990/GovernmentGrantsAmt012250
IRS990/GrantAmt034687
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt034687
IRS990/GrantsToDomesticOrgsGrp/TotalAmt034687
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0413817
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01302
IRS990/InsuranceGrp/TotalAmt01302
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt029818
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0291604
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt09767
IRS990/LandBldgEquipBasisNetGrp/BOYAmt097260
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0121233
IRS990/LandBldgEquipCostOrOtherBssAmt0131000
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0INDY GATEWAY WAS CREATED FOR AND ITS PRIMARY OBJECTIVE IS TO IMPROVE ECONOMIC DEVELOPMENT AND COMMUNITY DEVELOPMENT. THE PURPOSES INCLUDE PROMOTING ECONOMIC GROWTH, INCREASING OPPORTUNITIES FOR THE REVITALIZATION OF NEIGHBORHOODS, AND MAKING THE WEST SIDE OF INDIANAPOLIS A PLACE WHERE FAMILIES WANT TO LIVE, WORK AND PLAY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0401642
IRS990/NetAssetsOrFundBalancesEOYAmt0641585
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-6905
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-6905
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0306162
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0556750
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROGRAM
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05318
IRS990/OtherExpensesGrp/ProgramServicesAmt069127
IRS990/OtherExpensesGrp/TotalAmt069127
IRS990/OtherExpensesGrp/TotalAmt15318
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02833
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02833
IRS990/OtherRevenueTotalAmt02833
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TROY BROSSEAU
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0SHELTON HEIGHTS PARK WAS IMPROVED WITH A HANDICAP ASSESSIBLE WALKING PATH THROUGH A $24,800 GRANT FROM THE CENTRAL INDIANA COMMUNITY FOUNDATION (DESIGNATED THROUGH THE ORTHO INDY FUND). IN AUGUST OF 2021 THE ASPHALT WAS LAID FOR THIS TRAIL.
IRS990/ProgSrvcAccomActy3Grp/Desc0ECONOMIC DEVELOPMENT EFFORTS CONTINUE AS INDY GATEWAY IS PARTNERED WITH THE CITY OF INDIANAPOLIS TO IMPLEMENT THE WESTSIDE STRATEGIC REVITALIZATION & AIRPORT TIF IMPLEMENTATION ACTION PLAN. THIS PROCESS ORGANIZED FOCUS GROUPS THAT INCLUDED NEIGHBORHOOD ASSOCIATION REPRESENTATIVES, BUSINESS OWNERS AND OTHER IMPACTED GOVERNMENT AND COMMUNITY ORGANIZATIONS. THE PLAN WAS FINALIZED IN AUGUST 2018 AND LAYS OUT SPECIFIC PROJECTS TO BE IMPLEMENTED IN THE COMING YEARS THAT WILL SPUR ECONOMIC AND COMMUNITY DEVELOPMENT FOR THE AREA. THE LINK TO THE FULL PLAN CAN BE FOUND ON OUR WEBSITE AT: HTTPS://WWW.INDYGATEWAY.ORG/COMMUNITY-INITIATIVES/ECONOMIC-DEVELOPMENT/
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0240190
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0325
IRS990/PYOtherExpensesAmt0139028
IRS990/PYOtherRevenueAmt011326
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt064285
IRS990/PYSalariesCompEmpBnftPaidAmt048528
IRS990/PYTotalExpensesAmt0187556
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0251841
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0239943
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0410984
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0240190
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0112937
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0242583
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt072660
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01079354
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt010112
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01079354
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0410984
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0240190
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0112937
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0242583
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt072660
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01079354
IRS990ScheduleA/TotalSupportAmt01079354
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt06905
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0166969
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0291604
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0121233
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt09767
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0131000
IRS990ScheduleD/OtherExpensesIncludedAmt06905
IRS990ScheduleD/OtherRevenueAmt06905
IRS990ScheduleD/RevenueNotReportedAmt06905
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0406912
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PROFESSIONAL ACCOUNTING STANDARDS REQUIRE THE ORGANIZATION TO RECOGNIZE A TAX LIABILITY ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX LIABILITY THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX LIABILITY IS RECORDED. THE ORGANIZATION HAS EXAMINED THIS ISSUE AND HAS DETERMINED THAT THERE ARE NO MATERIAL CONTINGENT TAX LIABILITIES OR QUESTIONABLE TAX POSITIONS. ALL TAX YEARS ENDED AFTER 2017 ARE OPEN TO AUDIT FOR FEDERAL AND STATE PURPOSES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSE OFFSET TO REVENUE 6,905.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSE OFFSET TO REVENUE 6,905.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0121233
IRS990ScheduleD/TotalBookValueProgramRltdAmt0291604
IRS990ScheduleD/TotalExpensesPerForm990Amt0166969
IRS990ScheduleD/TotalRevenuePerForm990Amt0406912
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0413817
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0173874
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt034687
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TRAIL DEVELOPMENT SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0B&O TRAIL ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientEIN0351908784
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 142
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BROWNSBURG
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd046112
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION'S PROCESS TO REVIEW FORM 990: THE FORM 990 IS REVIEWED AND APPROVED BY THE TREASURER. IT IS THEN REVIEWED, APPROVED, AND SIGNED BY THE BOARD PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH BOARD MEMBER COMPLETES THE APPLICABLE FORM ANNUALLY IN JANUARY OR FEBRUARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR IS A CONTRACTUAL EMPLOYEE. THE HOURLY RATE FOR THE POSITION IS $45 PER HOUR, AND HAS BEEN SINCE AUGUST 2015. THE INCREASE IN THE NUMBER OF HOURS WORKED HAS BEEN CONTINGENT UPON THE BUDGET AND DETERMINED EACH YEAR THROUGH THE APPROVAL OF THE BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS DISCLOSURE: THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST OR IN PERSON AT THE ORGANIZATION'S OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$737,935
Liabilities
$96,350
Net assets
$641,585
Revenue
$406,912
Expenses
$166,969
Net income
$239,943
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.30$0.01$9.29$3.91$1.73$2.19
2023Detailed filing. Detailed filing data is available for this year.$7.52$0.42$7.10$2.15$1.71$0.44
2022Detailed filing. Detailed filing data is available for this year.$7.35$0.69$6.66$2.00$1.76$0.24
2021Detailed filing. Detailed filing data is available for this year.$7.38$0.96$6.42$4.07$1.67$2.40
2020Detailed filing. Detailed filing data is available for this year.$7.77$3.75$4.02$2.52$1.88$0.64
2019Detailed filing. Detailed filing data is available for this year.$5.87$2.50$3.37$1.77$0.70$1.07
2018Detailed filing. Detailed filing data is available for this year.$2.30$0.00$2.30$2.40$0.80$1.61
2017Summary only. Only limited summary data is available for this year.$1.04$0.00$0.89$0.59$0.30
2016Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.51$0.44$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.30$0.14$0.17