Civic Intelligence

Yswin Development Inc

EIN 83-1445716 • 501(c)2 • Evansville, IN

Profile

The corporation is organized for the exclusive purpose of holding title to real property, collecting income therefrom, and turning over the entire amount thereof, less expenses, to the young men's christian association of southwestern indiana, inc., which is an organization which is exempt under section 501(c)(3) of the internal revenue code of 1986 or the corresponding provision of any future united states internal revenue law.

516 Court StreetEvansville, IN 47708

n/A

Siviq Scores

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

Liabilities / Assets

75th percentile

0.84x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)2 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

65th percentile

9.21x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)2 • $10M-$25M nonprofits • Source year 2024

Net Margin

28th percentile

-43%

Higher net margin than 28% of similar nonprofits.

501(c)2 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

21st percentile

-3.8%

Faster asset growth than 21% of similar nonprofits.

501(c)2 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

55th percentile

1.0%

Faster revenue growth than 55% of similar nonprofits.

501(c)2 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$13,802,185

Down $546,804 (-3.8%) from 2023

Liabilities

Down

$11,551,695

Down $45,629 (-0.4%) from 2023

Net Assets

Down

$2,250,490

Down $501,175 (-18%) from 2023

Revenue

Up

$1,253,646

Up $12,398 (+1.0%) from 2023

Expenses

Down

$1,797,057

Down $7,682 (-0.4%) from 2023

Net Income

Up

-$543,411

Up $20,080 (+3.6%) from 2023

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2018: $12,275,692Liabilities 2018: $8,341,963Net Assets 2018: $3,933,7292018Assets 2019: $16,335,660Liabilities 2019: $11,854,179Net Assets 2019: $4,481,4812019Assets 2020: $16,019,487Liabilities 2020: $12,317,442Net Assets 2020: $3,702,0452020Assets 2021: $15,509,584Liabilities 2021: $12,068,379Net Assets 2021: $3,441,2052021Assets 2022: $14,974,395Liabilities 2022: $11,633,011Net Assets 2022: $3,341,3842022Assets 2023: $14,348,989Liabilities 2023: $11,597,324Net Assets 2023: $2,751,6652023Assets 2024: $13,802,185Liabilities 2024: $11,551,695Net Assets 2024: $2,250,4902024

Highlighted filing

2024

Assets$13,802,185
Liabilities$11,551,695
Net Assets$2,250,490

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2018: $3,973,291Expenses 2018: $39,562Net Income 2018: $3,933,7292018Revenue 2019: $1,565,578Expenses 2019: $605,627Net Income 2019: $959,9512019Revenue 2020: $1,204,836Expenses 2020: $1,752,159Net Income 2020: -$547,3232020Revenue 2021: $1,301,817Expenses 2021: $1,798,018Net Income 2021: -$496,2012021Revenue 2022: $1,228,973Expenses 2022: $1,807,107Net Income 2022: -$578,1342022Revenue 2023: $1,241,248Expenses 2023: $1,804,739Net Income 2023: -$563,4912023Revenue 2024: $1,253,646Expenses 2024: $1,797,057Net Income 2024: -$543,4112024

Highlighted filing

2024

Revenue$1,253,646
Expenses$1,797,057
Net Income-$543,411

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 4, 2025
Return Version
2024v5.1
Gross Receipts
$1,253,646
Mission and Program Overview

Mission

The corporation is organized for the exclusive purpose of holding title to real property, collecting income therefrom, and turning over the entire amount thereof, less expenses, to the young men's christian association of southwestern indiana, inc., which is an organization which is exempt under section 501(c)(3) of the internal revenue code of 1986 or the corresponding provision of any future united states internal revenue law.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$14,199,057$13,658,585▼ $540,472
Rtn Earn Endowment Incm Other Fnds$2,751,665$2,250,490▼ $501,175
Cash and Non-Interest-Bearing Accounts$106,798$58,230▼ $48,568
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$14,348,989$13,802,185▼ $546,804
Other Assets Total$43,134$85,370▲ $42,236
Liabilities
Mortgage Notes Payable Secured by Investment Property$11,574,845$11,531,755▼ $43,090
Accounts Payable and Accrued Expenses$22,479$19,940▼ $2,539
Total Liabilities$11,597,324$11,551,695▼ $45,629
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,751,665$2,250,490▼ $501,175
Total Liabilities and Net Assets / Fund Balance$14,348,989$13,802,185▼ $546,804

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,822,590$2,196,270$14,018,860
Equipment$1,060,093$615,751$1,675,844
Land$570,548-$570,548
Other Land Buildings$205,354$124,462$329,816
Compensation and Service Providers

Board Members and Trustees

NameTitle
Susan ParsonsChairman and President
Mark SamilaVice President and Treasur
Evan BeckDirector
Dan CarwileSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,253,626
Investment Income
$20
Other Revenue
$0
Change in Net Assets
$-543,411

Audited Revenue Reconciliation

Revenue per Audited Statements
$370,373
Revenue Not Reported on Financial Statements
$883,273
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$883,273
Total Revenue per Audited Statements
$370,373
Total Revenue per Form 990
$1,253,646
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$966,075
Grants and Similar Amounts Paid$830,982
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs---$830,982
Depreciation Depletion---$612,178
Interest---$251,518
Fees for Services Management---$52,291
Fees for Service Investment Mgmnt Fees---$48,000
Insurance---$1,500
Office Expenses---$588
Total Functional Expenses$0$0$0$1,797,057

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,797,057
Expenses per Audited Statements$913,784
Expenses Not Reported on Financial Statements$883,273
Other Expense Adjustments$883,273
Total Expenses per Audited Statements$871,548
Expenses Not Reported on Form 990$-42,236
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
YOUNG MEN'S CHRISTIAN ASSOCIATION OF SOUTHWESTERN INDIANA INCEvansville, IN501(c)(3)General Support for the Programs Offered by the Ymca$830,982
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-LesseeBuilding LeaseNo$1,253,626
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
Yes
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, Part VI, Section B, Line 11B

The 990 is emailed to all board members for review before filing the return.

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

A person is asked to step out if he/she has a conflict of interest in regards to a decision that requires a vote. Board members are asked to disclose any conflict of interest before accepting a board position.

Form 990, Part VI, Section C, Line 19

The organization makes financial statements, governing documents and policy documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Yswin Development Inc
EIN
83-1445716
Phone
8124926726
Address
516 COURT STREET, EVANSVILLE, IN 47708

Signing Officer

Name
Susan Parsons
Title
President
Phone
8124926726
Signed
2025-06-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Parsons
Formed
2018
Legal Domicile
In
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Kemper CPA Group Llp
Address
7200 EAGLE CREST BLVD, EVANSVILLE, IN 47715
Preparer
Michelle Smith CPA
Phone
8124218000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in interest rate swap agreement 42,236.

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Contributions to ymca netted against revenue 830,982. Management fees to yswin netted against revenue 52,291.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Interest rate swap agreement -42,236.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Contributions to ymca netted against revenue 830,982. Management fees to yswin netted against revenue 52,291.

Raw XML Appendix361 raw XML fields

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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CONTRIBUTIONS TO YMCA NETTED AGAINST REVENUE 830,982. MANAGEMENT FEES TO YSWIN NETTED AGAINST REVENUE 52,291.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INTEREST RATE SWAP AGREEMENT -42,236.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2CONTRIBUTIONS TO YMCA NETTED AGAINST REVENUE 830,982. MANAGEMENT FEES TO YSWIN NETTED AGAINST REVENUE 52,291.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A PERSON IS ASKED TO STEP OUT IF HE/SHE HAS A CONFLICT OF INTEREST IN REGARDS TO A DECISION THAT REQUIRES A VOTE. BOARD MEMBERS ARE ASKED TO DISCLOSE ANY CONFLICT OF INTEREST BEFORE ACCEPTING A BOARD POSITION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND POLICY DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CHANGE IN INTEREST RATE SWAP AGREEMENT 42,236.
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 C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0YMCA OF SOUTHWESTERN INDIANA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0350869074
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SERVES THE COMMUNITY WITH ACTIVITIES THAT PROMOTE A HEALTHY LIFESTYLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0516 COURT STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0EVANSVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd047708
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd01
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01253626
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt152291
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt2830982
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0YMCA OF SOUTHWESTERN INDIANA
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1YMCA OF SOUTHWESTERN INDIANA
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2YMCA OF SOUTHWESTERN INDIANA
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1M
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2R
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd01
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt014348989
IRS990/TotalAssetsEOYAmt013802185
IRS990/TotalAssetsGrp/BOYAmt014348989
IRS990/TotalAssetsGrp/EOYAmt013802185
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01797057
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011597324
IRS990/TotalLiabilitiesEOYAmt011551695
IRS990/TotalLiabilitiesGrp/BOYAmt011597324
IRS990/TotalLiabilitiesGrp/EOYAmt011551695
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02751665
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02250490
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt01253626
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt020
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01253626
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01253646
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt014348989
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt013802185
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0516 COURT STREET
IRS990/USAddress/CityNm0EVANSVILLE
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd047708
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SUSAN PARSONS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08124926726
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0YSWIN DEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0YSWI
ReturnHeader/Filer/EIN0831445716
ReturnHeader/Filer/PhoneNum08124926726
ReturnHeader/Filer/USAddress/AddressLine1Txt0516 COURT STREET
ReturnHeader/Filer/USAddress/CityNm0EVANSVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd047708
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0370818432
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KEMPER CPA GROUP LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07200 EAGLE CREST BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EVANSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd047715
ReturnHeader/PreparerPersonGrp/PhoneNum08124218000
ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHELLE SMITH CPA
ReturnHeader/ReturnTs02025-06-30T14:09:19-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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