Civic Intelligence

Northwest Central Indiana Community Partnerships Inc.

990 • Fiscal year 2022 • EIN 47-5516146

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

1281 Win Hentschel Blvd Ste 2161West Lafayette, IN 47906

(765) 742-9078

Siviq Scores

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

Liabilities / Assets

70th percentile

0.32x

Higher debt load relative to assets than 70% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

91st percentile

2.28x

Higher debt load relative to revenue than 91% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

1st percentile

-420%

Higher net margin than 1% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

89th percentile

$299,437

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 26.6% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

2nd percentile

-34%

Faster asset growth than 2% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

3rd percentile

-77%

Faster revenue growth than 3% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Down

$8,053,852

Down $4,089,661 (-34%) from 2021

Net Assets

Down

$5,485,390

Down $4,731,053 (-46%) from 2021

Liabilities

Up

$2,568,462

Up $641,392 (+33%) from 2021

Revenue

Down

$1,125,489

Down $3,752,750 (-77%) from 2021

Expenses

Up

$5,856,542

Up $1,653,315 (+39%) from 2021

Net Income

Down

-$4,731,053

Down $5,406,065 (-801%) from 2021

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2015: $1Liabilities 2015: $02015Assets 2016: $50,485Liabilities 2016: $02016Assets 2017: $29,928,547Liabilities 2017: $13,266,766Net Assets 2017: $16,661,7812017Assets 2018: $25,534,432Liabilities 2018: $8,771,555Net Assets 2018: $16,762,8772018Assets 2019: $20,547,016Liabilities 2019: $6,094,011Net Assets 2019: $14,453,0052019Assets 2020: $14,486,593Liabilities 2020: $4,945,162Net Assets 2020: $9,541,4312020Assets 2021: $12,143,513Liabilities 2021: $1,927,070Net Assets 2021: $10,216,4432021Assets 2022: $8,053,852Liabilities 2022: $2,568,462Net Assets 2022: $5,485,3902022Assets 2023: $8,090,042Liabilities 2023: $2,007,997Net Assets 2023: $6,082,0452023Assets 2024: $5,132,377Liabilities 2024: $936,284Net Assets 2024: $4,196,0932024

Highlighted filing

2022

Assets$8,053,852
Liabilities$2,568,462
Net Assets$5,485,390

Operations Trend

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

$40M$30M$20M$10M$0-$10MRevenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $149,502Expenses 2016: $99,017Net Income 2016: $50,4852016Revenue 2017: $34,988,400Expenses 2017: $18,377,104Net Income 2017: $16,611,2962017Revenue 2018: $499,348Expenses 2018: $398,252Net Income 2018: $101,0962018Revenue 2019: $646,529Expenses 2019: $2,956,401Net Income 2019: -$2,309,8722019Revenue 2020: $272,715Expenses 2020: $5,184,289Net Income 2020: -$4,911,5742020Revenue 2021: $4,878,239Expenses 2021: $4,203,227Net Income 2021: $675,0122021Revenue 2022: $1,125,489Expenses 2022: $5,856,542Net Income 2022: -$4,731,0532022Revenue 2023: $6,612,511Expenses 2023: $6,601,128Net Income 2023: $11,3832023Revenue 2024: $1,294,155Expenses 2024: $3,180,107Net Income 2024: -$1,885,9522024

Highlighted filing

2022

Revenue$1,125,489
Expenses$5,856,542
Net Income-$4,731,053
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$1,638,784
Mission and Program Overview

Mission

The purpose is exclusively for charitable and educational purposes and no other, and including (but without limitation thereto) the support of community partnerships to facilitate charitable activities that help carry out the purposes of the greater lafayette community foundation, an indiana nonprofit corporation, but only if the specific purposes and any activities incident thereto are included in the general purposes set forth in this subparagraph and are within the meaning of section 501c3 of the internal revenue code of the corresponding section fo any furture federal tax code.

Northwest central indiana community partnerships, inc. Was formed to support the community foundation of greater lafayette to inspire, nurture, and practice philanthropy, stewardship, and leadership in the communities it serves by facilitating activities that will build, develop, and enhance economic prosperity. In that regard, the organization was formed for the purposes as described in section 501(c)(3) of the united states internal revenue code.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$10,922,872$7,313,102▼ $3,609,770
Land, Buildings, and Equipment, Net$937,211$449,333▼ $487,878
Cash and Non-Interest-Bearing Accounts$214,450$44,703▼ $169,747
Accounts Receivable$39,964$27,200▼ $12,764
Pledges and Grants Receivable$19,373--
Prepaid Expenses and Deferred Charges$9,643$7,084▼ $2,559
Total Assets$12,143,513$8,053,852▼ $4,089,661
Other Assets Total-$212,430-
Liabilities
Other Liabilities-$1,212,430-
Grants Payable$1,867,937$1,198,358▼ $669,579
Accounts Payable and Accrued Expenses$53,713$141,896▲ $88,183
Deferred Revenue$5,420$15,778▲ $10,358
Total Liabilities$1,927,070$2,568,462▲ $641,392
Net Assets / Fund Balance
Net Assets With Donor Restrictions$8,573,401$3,768,064▼ $4,805,337
Net Assets Without Donor Restrictions$1,643,042$1,717,326▲ $74,284
Total Net Assets Fund Balance$10,216,443$5,485,390▼ $4,731,053
Total Liabilities and Net Assets / Fund Balance$12,143,513$8,053,852▼ $4,089,661

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$449,333$33,524$482,857
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Johnny ParkPresident/ceFT$247,802$51,635$299,437
Johnny ParkPresident/CEO-$225,652$73,785$299,437

Board Members and Trustees

NameTitle
Gary HenriottBoard Chair
Todd MillerVice Chair
Andrea SchwartzDirector
Gary LehmanDirector
Karen PlauteDirector
Natasha CoxDirector
Ron DickersonDirector
Sarah HagemanDirector
Steve SchultzDirector
William David LasaterDirector
Dave LuhmanSecretary
Stephanie LongTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$906,496
Program Service Revenue
$0
Investment Income
$-321,218
Other Revenue
$540,211
All Other Contributions
$866,274
Change in Net Assets
$-4,731,053

Audited Revenue Reconciliation

Revenue per Audited Statements
$949,828
Revenue Not Reported on Financial Statements
$175,661
Revenue Not Reported on Form 990
$459,933
Other Revenue Adjustments
$175,661
Total Revenue per Audited Statements
$1,409,761
Total Revenue per Form 990
$1,125,489
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,461,085
Other Expenses$2,154,149
Salaries, Compensation, and Employee Benefits$1,241,308
Total Fundraising Expense$167,934
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,461,085--$2,461,085
Other Salaries and Wages$488,679$164,152$61,584$714,415
All Other Expenses$388,228$33,356$7,406$428,990
Current Officers, Directors, Trustees, and Key Employees$149,718$74,859$74,859$299,436
Other Expenses$255,535--$255,535
Other Employee Benefits$89,464$30,753$12,873$133,090
Depreciation Depletion$53,741--$53,741
Occupancy$10,875$41,524-$52,399
Payroll Taxes$32,324$11,931$6,519$50,774
Pension Plan Contributions$30,073$9,989$3,531$43,593
Fees for Services Legal$18,726--$18,726
Information Technology$15,120$3,249$99$18,468
Conferences and Meetings$15,226-$1,063$16,289
Fees for Services Accounting-$15,476-$15,476
Office Expenses$8,970$2,304-$11,274
Advertising$10,086--$10,086
Insurance-$2,225-$2,225
Fees for Services Other-$1,017-$1,017
Total Functional Expenses$5,297,773$390,835$167,934$5,856,542

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,140,814
Total Expenses per Form 990$5,856,542
Expenses per Audited Statements$5,680,881
Expenses Not Reported on Form 990$459,933
Expenses Not Reported on Financial Statements$175,661
Other Expense Adjustments$175,661
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lafayette Urban Enterprise AssociatLafayette, IN3Community Developmen$798,087
Tippecanoe School CorpLafayette, INGovE-learning$353,577
West Lafayette School CorporationWest Lafayette, INGovE-learning$231,826
Carroll County School CorporationFlora, INGovE-learning$217,966
Community Foundation of Howard CounKokomo, IN3Community Developmen$100,000
Crawfordsville School CorporationCrawfordsville, INGovE-learning$98,685
North Montgomery SchoolsCrawfordsville, INGovE-learning$65,691
Rossville Consolidated School DistrRossville, INGovE-learning$59,497
Lafayette School CorpLafayette, INGovE-learning$53,256
Benton Community FoundationFowler, IN3Community Developmen$50,000
Cass County Community FoundationLogansport, IN3Community Developmen$50,000
Community Foundation of Greater LafLafayette, IN3Community Developmen$50,000
Montgomery County Community FoundatCrawfordsville, IN3Community Developmen$50,000
Pulaski Community FoundationWinamac, IN3Community Developmen$50,000
Warren Coummunity FoundationWilliamsport, IN3Community Developmen$50,000
Western Indiana Community FoundatioCovington, IN3Community Developmen$50,000
White County Community FoundationMonticello, IN3Community Developmen$50,000
Tri County SchoolsWolcott, INGovE-learning$21,540
Pioneer Regional School CorporationRoyal Center, INGovE-learning$21,390
Eastern Pulaski School CorporationWinamac, INGovE-learning$15,210
West Central School CorporationFrancesville, INGovE-learning$12,580
Covington Community School CorporatCovington, INGovE-learning$11,780
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$21,004
Fundraising Gross Income$13,354
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Meeting$16,854$13,354-$13,354
Total Events$16,854$13,354$21,004$-7,650
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advance$1,000,000
Lease Liabilities$212,430
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

Board members are appointed by the board of the community foundation of greater lafayette

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by the board of directors prior to filing.

Form 990, Page 6, Part VI, Line 12C

Enforcement is by the board of directors as situations may arise.

Form 990, Page 6, Part VI, Line 19

Governing documents available upon request.

Filing and Contact Details

Filer

Filer Name
Northwest Central Indiana Community
EIN
47-5516146
Phone
7657429078
Address
1281 WIN HENTSCHEL BLVD STE 2161, WEST LAFAYETTE, IN 47906
Doing Business As
Wabash Heartland Innovation Network

Signing Officer

Name
Johnny Park
Title
President/CEO
Phone
7657429078
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Johnny Park
Formed
2015
Legal Domicile
In
Voting Board Members
13
Independent Board Members
12
Employees
13
Volunteers
23

Preparer

Firm
Huth Thompson Llp
Address
PO BOX 970, LAFAYETTE, IN 47902-0970
Preparer
Kimberley R Morisette
Phone
7654285000
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Northwest central indiana community partnerships, inc. Was formed to support the community foundation of greater lafayette to inspire, nurture, and practice philanthropy, stewardship, and leadership in the communities it serves by facilitating activities that will build, develop, and enhance economic prosperity. In that regard, the organization was formed for the purposes as described in section 501(c)(3) of the united states internal revenue code.

Form 990, Part XI, Line 9

Loss on disposal of assets 459,933 grant funds returned -175,661 loss on disposal of assets -459,933 grant funds returned 175,661

Financial Statement Notes

Schedule D, Page 3, Part X

Accounting standards requires entities to disclose in their financial statements the nature of any uncertainties in their tax position. Tax years including 2019 and later are subject to examination by tax authorities. Areas that irs and state tax authorities consider when examining tax returns of a charity include, but may not be limited to, tax-exempt status and the existence and amount of unrelated business income. The organization does not believe that they have any uncertain tax positions with respect to these or other matters, and therefore have not recorded any unrecognized tax benefits or liabilities. The organization is not aware of any circumstances or events that make it reasonably possible that tax benefits may increase or decrease within 12 months of the date of the financial statements.

Schedule D, Page 4, Part XI, Line 2D

Loss on disposal of assets 459,933

Schedule D, Page 4, Part XI, Line 4B

Grant funds returned 175,661

Schedule D, Page 4, Part XII, Line 2D

Loss on disposal of assets 459,933

Schedule D, Page 4, Part XII, Line 4B

Grant funds returned 175,661

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IRS990/MissionDesc0NORTHWEST CENTRAL INDIANA COMMUNITY PARTNERSHIPS, INC. WAS FORMED TO SUPPORT THE COMMUNITY FOUNDATION OF GREATER LAFAYETTE TO INSPIRE, NURTURE, AND PRACTICE PHILANTHROPY, STEWARDSHIP, AND LEADERSHIP IN THE COMMUNITIES IT SERVES BY FACILITATING ACTIVITIES THAT WILL BUILD, DEVELOP, AND ENHANCE ECONOMIC PROSPERITY. IN THAT REGARD, THE ORGANIZATION WAS FORMED FOR THE PURPOSES AS DESCRIBED IN SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE.
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IRS990/OtherExpensesGrp/Desc0TECH PARTNER SUBSIDIES
IRS990/OtherExpensesGrp/Desc1TOWER EQUIP & SUPPLIES
IRS990/OtherExpensesGrp/Desc2MANAGEMENT AND IMPLEMENTA
IRS990/OtherExpensesGrp/Desc3WEATHER STATIONS
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE COMMUNITY FOUNDATION OF GREATER LAFAYETTE
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REFUNDABLE ADVANCE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LEASE LIABILITIES
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING STANDARDS REQUIRES ENTITIES TO DISCLOSE IN THEIR FINANCIAL STATEMENTS THE NATURE OF ANY UNCERTAINTIES IN THEIR TAX POSITION. TAX YEARS INCLUDING 2019 AND LATER ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES. AREAS THAT IRS AND STATE TAX AUTHORITIES CONSIDER WHEN EXAMINING TAX RETURNS OF A CHARITY INCLUDE, BUT MAY NOT BE LIMITED TO, TAX-EXEMPT STATUS AND THE EXISTENCE AND AMOUNT OF UNRELATED BUSINESS INCOME. THE ORGANIZATION DOES NOT BELIEVE THAT THEY HAVE ANY UNCERTAIN TAX POSITIONS WITH RESPECT TO THESE OR OTHER MATTERS, AND THEREFORE HAVE NOT RECORDED ANY UNRECOGNIZED TAX BENEFITS OR LIABILITIES. THE ORGANIZATION IS NOT AWARE OF ANY CIRCUMSTANCES OR EVENTS THAT MAKE IT REASONABLY POSSIBLE THAT TAX BENEFITS MAY INCREASE OR DECREASE WITHIN 12 MONTHS OF THE DATE OF THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON DISPOSAL OF ASSETS 459,933
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2GRANT FUNDS RETURNED 175,661
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3LOSS ON DISPOSAL OF ASSETS 459,933
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4GRANT FUNDS RETURNED 175,661
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D

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