Civic Intelligence

Imagine Indiana Inc

EIN 81-4370994 • 501(c)4 • Indianapolis, IN

Profile

The purposes for which this corporation is organized are: 1. To champion indiana's emergence in the global economy and the future of education and workforce training with a focus on technology and innovation; entrepreneurship; health and wellness; 2. To analyze and promote initiatives from both the public and private sector that help citizens of indiana achieve their self-determined potentials; 3. To collect, highlight and publish stories from hoosiers of all walks of life to foster and inspire a culture of conversation and collaboration around these important topics for those who want to help continue to build the indaina success story; 4. To assist in all activities that further the social welfare of the state of indiana and that lessen the burdens of government. Imagine indiana, inc. Engages in various activities that include, but are not limited to, assisting with the orderly transition of the office of governor and lt governor of indiana during the period between the gubernatorial

101 W Ohio St Ste 1180Indianapolis, IN 46204

www.imagineindiana.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

9th percentile

-86%

Faster asset growth than 9% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$12,033

Down $71,109 (-86%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$12,033

Down $71,109 (-86%) from 2023

Revenue

Down

$0

Down $40,000 (-100%) from 2023

Expenses

Down

$71,109

Down $49,663 (-41%) from 2023

Net Income

Up

-$71,109

Up $9,663 (+12%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2017: $397,139Liabilities 2017: $0Net Assets 2017: $397,1392017Assets 2018: $263,442Liabilities 2018: $0Net Assets 2018: $263,4422018Assets 2019: $141,056Liabilities 2019: $0Net Assets 2019: $141,0562019Assets 2020: $68,026Liabilities 2020: $0Net Assets 2020: $68,0262020Assets 2021: $224,216Liabilities 2021: $0Net Assets 2021: $224,2162021Assets 2022: $163,914Liabilities 2022: $0Net Assets 2022: $163,9142022Assets 2023: $83,142Liabilities 2023: $0Net Assets 2023: $83,1422023Assets 2024: $12,033Liabilities 2024: $0Net Assets 2024: $12,0332024

Highlighted filing

2024

Assets$12,033
Liabilities$0
Net Assets$12,033

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2017: $404,942Expenses 2017: $638,354Net Income 2017: -$233,4122017Revenue 2018: $20,000Expenses 2018: $153,697Net Income 2018: -$133,6972018Revenue 2019: $0Expenses 2019: $122,386Net Income 2019: -$122,3862019Revenue 2020: $0Expenses 2020: $73,030Net Income 2020: -$73,0302020Revenue 2021: $526,447Expenses 2021: $370,257Net Income 2021: $156,1902021Revenue 2022: $35,000Expenses 2022: $95,302Net Income 2022: -$60,3022022Revenue 2023: $40,000Expenses 2023: $120,772Net Income 2023: -$80,7722023Revenue 2024: $0Expenses 2024: $71,109Net Income 2024: -$71,1092024

Highlighted filing

2024

Revenue$0
Expenses$71,109
Net Income-$71,109

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

The purposes for which this corporation is organized are: 1. To champion indiana's emergence in the global economy and the future of education and workforce training with a focus on technology and innovation; entrepreneurship; health and wellness; 2. To analyze and promote initiatives from both the public and private sector that help citizens of indiana achieve their self-determined potentials; 3. To collect, highlight and publish stories from hoosiers of all walks of life to foster and inspire a culture of conversation and collaboration around these important topics for those who want to help continue to build the indaina success story; 4. To assist in all activities that further the social welfare of the state of indiana and that lessen the burdens of government. Imagine indiana, inc. Engages in various activities that include, but are not limited to, assisting with the orderly transition of the office of governor and lt governor of indiana during the period between the gubernatorial

Imagine indiana, inc. Is primarily engaged in the promotion of leadership initiatives, and agenda items aimed at developing and nurturing the economic and innovative climate of indiana.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$83,142$12,033▼ $71,109
Total Assets$83,142$12,033▼ $71,109
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$83,142$12,033▼ $71,109
Total Net Assets Fund Balance$83,142$12,033▼ $71,109
Total Liabilities and Net Assets / Fund Balance$83,142$12,033▼ $71,109
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Joe ElsenerDirector OpePT$4,000$4,000

Board Members and Trustees

NameTitle
Jeff L KnightDirector
Kyle J HupferDirector
MICHAEL R O'BRIENDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-71,109
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$49,609
Total Fundraising Expense$22,300
Professional Fundraising Fees$21,500
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$33,792--$33,792
Fees for Services Professional Fundraising--$21,500$21,500
Fees for Services Accounting-$6,000-$6,000
Fees for Services Management$2,400$800$800$4,000
Fees for Services Legal-$2,442-$2,442
Other Expenses-$900-$900
Total Functional Expenses$36,192$12,617$22,300$71,109
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$21,500
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The corporation delegated management functions to joe elsener, an independent contractor, who functioned as the director of operations.

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

Officers and directors are asked to serve on the board by the governor of the state of indiana.

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

The members of the board of directors receive a copy of form 990 prior to its filing and have the opportunity to review and provide comments prior to its filing.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Imagine Indiana Inc
EIN
81-4370994
Phone
3178881121
Address
101 W OHIO ST STE 1180, INDIANAPOLIS, IN 46204

Signing Officer

Name
MICHAEL R O'BRIEN
Title
Director
Phone
3178881121
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kyle J Hupfer
Formed
2016
Legal Domicile
In
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Compass Pointe Cpas Llp
Address
609 TREYBOURNE DR STE A, GREENWOOD, IN 46142
Preparer
Joseph R Paulson CPA
Phone
3178816670
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The purposes for which this corporation is organized are: 1. To champion indiana's emergence in the global economy and the future of education and workforce training with a focus on technology and innovation; entrepreneurship; health and wellness; 2. To analyze and promote initiatives from both the public and private sector that help citizens of indiana achieve their self-determined potentials; 3. To collect, highlight and publish stories from hoosiers of all walks of life to foster and inspire a culture of conversation and collaboration around these important topics for those who want to help continue to build the indaina success story; 4. To assist in all activities that further the social welfare of the state of indiana and that lessen the burdens of government. Imagine indiana, inc. Engages in various activities that include, but are not limited to, assisting with the orderly transition of the office of governor and lt governor of indiana during the period between the gubernatorial election and inauguration, creating communications platforms to reach out to new and not exclusively political audiences with podcasts and an "innovative hoosier" series that will provide content surrounding some of indiana's leading innovators from across the state, organizing and convening regular, unique lifestyle events that bring in new audiences to engage with our state's dynamic leaders around initiatives, and engaging with groups and networks to promote and storytell specific policy initiatives.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0THE PURPOSES FOR WHICH THIS CORPORATION IS ORGANIZED ARE: 1. TO CHAMPION INDIANA'S EMERGENCE IN THE GLOBAL ECONOMY AND THE FUTURE OF EDUCATION AND WORKFORCE TRAINING WITH A FOCUS ON TECHNOLOGY AND INNOVATION; ENTREPRENEURSHIP; HEALTH AND WELLNESS; 2. TO ANALYZE AND PROMOTE INITIATIVES FROM BOTH THE PUBLIC AND PRIVATE SECTOR THAT HELP CITIZENS OF INDIANA ACHIEVE THEIR SELF-DETERMINED POTENTIALS; 3. TO COLLECT, HIGHLIGHT AND PUBLISH STORIES FROM HOOSIERS OF ALL WALKS OF LIFE TO FOSTER AND INSPIRE A CULTURE OF CONVERSATION AND COLLABORATION AROUND THESE IMPORTANT TOPICS FOR THOSE WHO WANT TO HELP CONTINUE TO BUILD THE INDAINA SUCCESS STORY; 4. TO ASSIST IN ALL ACTIVITIES THAT FURTHER THE SOCIAL WELFARE OF THE STATE OF INDIANA AND THAT LESSEN THE BURDENS OF GOVERNMENT. IMAGINE INDIANA, INC. ENGAGES IN VARIOUS ACTIVITIES THAT INCLUDE, BUT ARE NOT LIMITED TO, ASSISTING WITH THE ORDERLY TRANSITION OF THE OFFICE OF GOVERNOR AND LT GOVERNOR OF INDIANA DURING THE PERIOD BETWEEN THE GUBERNATORIAL
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PURPOSES FOR WHICH THIS CORPORATION IS ORGANIZED ARE: 1. TO CHAMPION INDIANA'S EMERGENCE IN THE GLOBAL ECONOMY AND THE FUTURE OF EDUCATION AND WORKFORCE TRAINING WITH A FOCUS ON TECHNOLOGY AND INNOVATION; ENTREPRENEURSHIP; HEALTH AND WELLNESS; 2. TO ANALYZE AND PROMOTE INITIATIVES FROM BOTH THE PUBLIC AND PRIVATE SECTOR THAT HELP CITIZENS OF INDIANA ACHIEVE THEIR SELF-DETERMINED POTENTIALS; 3. TO COLLECT, HIGHLIGHT AND PUBLISH STORIES FROM HOOSIERS OF ALL WALKS OF LIFE TO FOSTER AND INSPIRE A CULTURE OF CONVERSATION AND COLLABORATION AROUND THESE IMPORTANT TOPICS FOR THOSE WHO WANT TO HELP CONTINUE TO BUILD THE INDAINA SUCCESS STORY; 4. TO ASSIST IN ALL ACTIVITIES THAT FURTHER THE SOCIAL WELFARE OF THE STATE OF INDIANA AND THAT LESSEN THE BURDENS OF GOVERNMENT. IMAGINE INDIANA, INC. ENGAGES IN VARIOUS ACTIVITIES THAT INCLUDE, BUT ARE NOT LIMITED TO, ASSISTING WITH THE ORDERLY TRANSITION OF THE OFFICE OF GOVERNOR AND LT GOVERNOR OF INDIANA DURING THE PERIOD BETWEEN THE GUBERNATORIAL ELECTION AND INAUGURATION, CREATING COMMUNICATIONS PLATFORMS TO REACH OUT TO NEW AND NOT EXCLUSIVELY POLITICAL AUDIENCES WITH PODCASTS AND AN "INNOVATIVE HOOSIER" SERIES THAT WILL PROVIDE CONTENT SURROUNDING SOME OF INDIANA'S LEADING INNOVATORS FROM ACROSS THE STATE, ORGANIZING AND CONVENING REGULAR, UNIQUE LIFESTYLE EVENTS THAT BRING IN NEW AUDIENCES TO ENGAGE WITH OUR STATE'S DYNAMIC LEADERS AROUND INITIATIVES, AND ENGAGING WITH GROUPS AND NETWORKS TO PROMOTE AND STORYTELL SPECIFIC POLICY INITIATIVES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CORPORATION DELEGATED MANAGEMENT FUNCTIONS TO JOE ELSENER, AN INDEPENDENT CONTRACTOR, WHO FUNCTIONED AS THE DIRECTOR OF OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS AND DIRECTORS ARE ASKED TO SERVE ON THE BOARD BY THE GOVERNOR OF THE STATE OF INDIANA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBERS OF THE BOARD OF DIRECTORS RECEIVE A COPY OF FORM 990 PRIOR TO ITS FILING AND HAVE THE OPPORTUNITY TO REVIEW AND PROVIDE COMMENTS PRIOR TO ITS FILING.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990/USAddress/ZIPCd046204
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.IMAGINEINDIANA.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL R O'BRIEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03178881121
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IMAGINE INDIANA INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0F/K/A NEXT LEVEL INDIANA INC
ReturnHeader/Filer/BusinessNameControlTxt0IMAG
ReturnHeader/Filer/EIN0814370994
ReturnHeader/Filer/PhoneNum03178881121
ReturnHeader/Filer/USAddress/AddressLine1Txt0101 W OHIO ST STE 1180
ReturnHeader/Filer/USAddress/CityNm0INDIANAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046204
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371450744
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COMPASS POINTE CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0609 TREYBOURNE DR STE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREENWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046142
ReturnHeader/PreparerPersonGrp/PhoneNum03178816670
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH R PAULSON CPA
ReturnHeader/ReturnTs02025-11-17T08:40:14-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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