Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
Indy Pickleball Club Inc.
EIN 84-2996790 • 501(c)3 • Indianapolis, IN
Pub. 78 Eligible990-N CoverageNTEE N66
Profile
The purposes of this Corporation are charitable and educational. Our goals are to enhance the health and welfare of the public by encouraging, organizing, and promoting engagement in the sport of pickleball in Indianapolis and surrounding counties. The mission is to encourage participation in local pickleball events and competitions to reduce the burdens of local municipalities, and to partner with other qualified charities for fund raising efforts. This includes organizing and managing local, regional, national, and international tournaments. It also includes providing financial assistance to local municipalities for planning, construction, and maintenance of pickleball courts and related infrastructures.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.09x
Liabilities / Revenue
87th percentile
Higher debt load relative to revenue than 87% of similar nonprofits.
Net Margin
91st percentile
Higher net margin than 91% of similar nonprofits.
Top Officer Pay
92nd percentile
Higher top officer pay than 92% of similar nonprofits.
Top officer pay equals 0.5% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$112,899
No earlier filing loaded for comparison.
Liabilities
$9,950
No earlier filing loaded for comparison.
Net Assets
$102,949
No earlier filing loaded for comparison.
Revenue
$98,247
No earlier filing loaded for comparison.
Expenses
$43,600
No earlier filing loaded for comparison.
Net Income
$54,647
No earlier filing loaded for comparison.
Trend Graphs
Filings
Most recent year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $112,899
- Liabilities
- $9,950
- Net assets
- $102,949
- Revenue
- $98,247
- Expenses
- $43,600
- Net income
- $54,647
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- May 2, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $98,297
Mission and Program Overview
Mission
The purposes of this Corporation are charitable and educational. Our goals are to enhance the health and welfare of the public by encouraging, organizing, and promoting engagement in the sport of pickleball in Indianapolis and surrounding counties. The mission is to encourage participation in local pickleball events and competitions to reduce the burdens of local municipalities, and to partner with other qualified charities for fund raising efforts. This includes organizing and managing local, regional, national, and international tournaments. It also includes providing financial assistance to local municipalities for planning, construction, and maintenance of pickleball courts and related infrastructures.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Philanthropic -We host tournaments in partnership with other organizations for the benefit of philanthropic causes. For example, in Sept. 2023, we co-sponsored a pickleball tournament with Cage Foundation for the benefit of the Hamilton County (Indiana) Humane society. We also contributed towards the installation of lights and court maintenance at a local park and donate supplies to other local pickleball organizations. We also made a $2,500 contribution to Empowered Pathways for the development of pickleball in lower income communities. | $29,386 | $11,500 |
| Running Pickleball Tournaments and Leagues. We introduce and educate the public to organized, competitive pickleball play. Many of our participants travel from other states, and we have had several international entries. We have already hosted 6 tournaments with participation rates averages approximately 200 players per event. Participation rates have usually been limited due to court capacity. | $0 | $7,995 |
| Drills -Provide educational and practice opportunities for beginning and intermediate players to improve their skill level and encourage them to continue with the game | $0 | $0 |
| Beginner Clinics - We introduce the sport to people with little to no experience. We educate participants on the rules, court positioning, and introductory strokes | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Lisa Farley | President | - | $0 | $500 | $500 |
| Chris Banguis | Vice President | - | $0 | $240 | $240 |
| Michael Hay | Treasurer | - | $0 | $200 | $200 |
Filing and Contact Details
Filer
- Filer Name
- Indy Pickleball Club Inc
- EIN
- 84-2996790
- Phone
- 3173314946
- Address
- 7331 Parkside Drive, Indianapolis, IN 46226
Signing Officer
- Name
- Michael Hay
- Title
- Tresurer
- Phone
- 3173314946
- Signed
- 2024-05-02
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 10
“Contributions to Hamilton County Humane Society and Empowered Pathways”
Form 990-EZ, Part I, Line 16
“Description;Amount^Furry Fracais Tournament Expenses;7995^Total;7995^”
Form 990-EZ, Part I, Line 20
“Description;Amount^Prior year adjustment postcard return filed PY;-27859^Total;-27859^”
Form 990-EZ, Part II, Line 24
“Description;EOY Amount^Pickleball Nets;6400|Tables;1900^Total;8300^”
Form 990-EZ, Part II, Line 26
“Description;EOY Amount^Due to Hamilton County Humane Society;9950^Total;9950^”
Raw XML Appendix182 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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| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 3 | Philanthropic -We host tournaments in partnership with other organizations for the benefit of philanthropic causes. For example, in Sept. 2023, we co-sponsored a pickleball tournament with Cage Foundation for the benefit of the Hamilton County (Indiana) Humane society. We also contributed towards the installation of lights and court maintenance at a local park and donate supplies to other local pickleball organizations. We also made a $2,500 contribution to Empowered Pathways for the development of pickleball in lower income communities. |
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Document Assets
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