Civic Intelligence

Finding Strength Foundation Inc

990 • Fiscal year 2023 • EIN 86-2795732

Jan 01, 2023 to Dec 31, 2023 • Filed on Dec 16, 2024

6841 W Bleck RdMichigan City, IN 46360

(219) 307-1370

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.00x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

32nd percentile

0.00x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

24th percentile

-10%

Higher net margin than 24% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

34th percentile

-2.0%

Faster asset growth than 34% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

100th percentile

4263%

Faster revenue growth than 100% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$805,804

Down $16,282 (-2.0%) from 2022

Net Assets

Down

$805,804

Down $16,282 (-2.0%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$161,859

Up $158,149 (+4263%) from 2022

Expenses

Up

$178,141

Up $158,086 (+788%) from 2022

Net Income

Up

-$16,282

Up $63 (+0.4%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2021: $838,431Liabilities 2021: $0Net Assets 2021: $838,4312021Assets 2022: $822,086Liabilities 2022: $0Net Assets 2022: $822,0862022Assets 2023: $805,804Liabilities 2023: $0Net Assets 2023: $805,8042023Assets 2024: $789,064Liabilities 2024: $22,300Net Assets 2024: $766,7642024Assets 2025: $775,568Liabilities 2025: $0Net Assets 2025: $775,5682025

Highlighted filing

2023

Assets$805,804
Liabilities$0
Net Assets$805,804

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2021: $851,500Expenses 2021: $13,069Net Income 2021: $838,4312021Revenue 2022: $3,710Expenses 2022: $20,055Net Income 2022: -$16,3452022Revenue 2023: $161,859Expenses 2023: $178,141Net Income 2023: -$16,2822023Revenue 2024: $82,591Expenses 2024: $121,631Net Income 2024: -$39,0402024Revenue 2025: $98,144Expenses 2025: $89,340Net Income 2025: $8,8042025

Highlighted filing

2023

Revenue$161,859
Expenses$178,141
Net Income-$16,282
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Dec 16, 2024
Return Version
2023v5.1
Gross Receipts
$161,859
Mission and Program Overview

Mission

The corporation is organized exclusively for the charitable purpose of providing recreation, education, physical training, solace, and/or financial assistance to individuals with mental and/or physical impairments or other special needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$822,086$805,804▼ $16,282
Land, Buildings, and Equipment, Net$821,086$804,948▼ $16,138
Cash and Non-Interest-Bearing Accounts$1,000$856▼ $144
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$822,086$805,804▼ $16,282
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$822,086$805,804▼ $16,282
Total Liabilities and Net Assets / Fund Balance$822,086$805,804▼ $16,282

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$584,323$45,052$629,375
Land$220,625-$220,625
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael HillPresident
Andrea HillVice President
Thomas RowlandDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$161,859
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$161,859
Change in Net Assets
$-16,282
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$178,141
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$157,887--$157,887
Depreciation Depletion$16,138--$16,138
Insurance-$4,116-$4,116
Total Functional Expenses$174,025$4,116$0$178,141
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 2

Andrea hill and michael hill are married. Kenneth sak is an employee of a business owned by michael hill.

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

It is the finding strength foundation's policy that each director be provided a copy of the organization's finalized form 990 for review prior to filing with the irs. The executive director provides a copy to each director either at the board meeting, by mail, hand-delivered, or emailed prior to the meeting. The directors have authorized the board treasurer to perform the final review of the draft form 990, who will subsequently present his recommendation to accept the finalized form 990. Distribution and approval is documented in the board meeting minutes.

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

The finding strength foundation's board of directors adopted and regularly evaluates a written conflict of interest policy. To monitor compliance with the conflict of interest policy each director is given an opportunity to disclose interests that could be in conflict, or possibly give rise to a conflict, by completing and signing a disclosure form each year. The board president reviews each signed form, determines if a conflict exists, and ensures that action is taken to resolve the conflict. If a potential conflict of interest exists with respect to a proposed transaction between an interested board member and the organization, that board member will not participate in the deliberations, and decision-making vote, by the other disinterested board members on the proposal. Board minutes will reflect the potential conflict disclosure, vote taken, and abstention from voting of the interested board member.

Form 990, Part VI, Section C, Line 19

Forms are available upon request.

Page 6, Part VI, Line 2

Michael hill and andrea hill are married.

Filing and Contact Details

Filer

Filer Name
Finding Strength Foundation Inc
EIN
86-2795732
Phone
2193071370
Address
6841 W BLECK RD, MICHIGAN CITY, IN 46360

Signing Officer

Name
Kenneth Sak
Title
Controller
Phone
2193071370
Signed
2024-12-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Hill
Formed
2021
Legal Domicile
In
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
4

Preparer

Firm
Cbiz Advisors LLC
Address
409 W KIEFFER RD, MICHIGAN CITY, IN 46360
Preparer
Steve D Baker
Phone
2198741437
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Property taxes: program service expenses 157,887. Management and general expenses 0. Fundraising expenses 0. Total expenses 157,887.

Financial Statement Notes

PART X, LINE 2:

The foundation's policy is to recognize interest and penalties accrued on any unrecognized tax benefits as a component of income tax expense. The foundation did not record any interest or penalties associated with any unrecognized tax benefits during the years ended december 31, 2023 and 2022, and no amounts are accrued as of december 31, 2023 or 2022.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ANDREA HILL AND MICHAEL HILL ARE MARRIED. KENNETH SAK IS AN EMPLOYEE OF A BUSINESS OWNED BY MICHAEL HILL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IT IS THE FINDING STRENGTH FOUNDATION'S POLICY THAT EACH DIRECTOR BE PROVIDED A COPY OF THE ORGANIZATION'S FINALIZED FORM 990 FOR REVIEW PRIOR TO FILING WITH THE IRS. THE EXECUTIVE DIRECTOR PROVIDES A COPY TO EACH DIRECTOR EITHER AT THE BOARD MEETING, BY MAIL, HAND-DELIVERED, OR EMAILED PRIOR TO THE MEETING. THE DIRECTORS HAVE AUTHORIZED THE BOARD TREASURER TO PERFORM THE FINAL REVIEW OF THE DRAFT FORM 990, WHO WILL SUBSEQUENTLY PRESENT HIS RECOMMENDATION TO ACCEPT THE FINALIZED FORM 990. DISTRIBUTION AND APPROVAL IS DOCUMENTED IN THE BOARD MEETING MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FINDING STRENGTH FOUNDATION'S BOARD OF DIRECTORS ADOPTED AND REGULARLY EVALUATES A WRITTEN CONFLICT OF INTEREST POLICY. TO MONITOR COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY EACH DIRECTOR IS GIVEN AN OPPORTUNITY TO DISCLOSE INTERESTS THAT COULD BE IN CONFLICT, OR POSSIBLY GIVE RISE TO A CONFLICT, BY COMPLETING AND SIGNING A DISCLOSURE FORM EACH YEAR. THE BOARD PRESIDENT REVIEWS EACH SIGNED FORM, DETERMINES IF A CONFLICT EXISTS, AND ENSURES THAT ACTION IS TAKEN TO RESOLVE THE CONFLICT. IF A POTENTIAL CONFLICT OF INTEREST EXISTS WITH RESPECT TO A PROPOSED TRANSACTION BETWEEN AN INTERESTED BOARD MEMBER AND THE ORGANIZATION, THAT BOARD MEMBER WILL NOT PARTICIPATE IN THE DELIBERATIONS, AND DECISION-MAKING VOTE, BY THE OTHER DISINTERESTED BOARD MEMBERS ON THE PROPOSAL. BOARD MINUTES WILL REFLECT THE POTENTIAL CONFLICT DISCLOSURE, VOTE TAKEN, AND ABSTENTION FROM VOTING OF THE INTERESTED BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORMS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MICHAEL HILL AND ANDREA HILL ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROPERTY TAXES: PROGRAM SERVICE EXPENSES 157,887. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 157,887.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
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IRS990/TotalProgramServiceExpensesAmt0174025
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0161859
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0822086
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0805804
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06841 W BLECK RD
IRS990/USAddress/CityNm0MICHIGAN CITY
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046360
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KENNETH SAK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CONTROLLER
ReturnHeader/BusinessOfficerGrp/PhoneNum02193071370
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-12-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FINDING STRENGTH FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0FIND
ReturnHeader/Filer/EIN0862795732
ReturnHeader/Filer/PhoneNum02193071370
ReturnHeader/Filer/USAddress/AddressLine1Txt06841 W BLECK RD
ReturnHeader/Filer/USAddress/CityNm0MICHIGAN CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046360
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0481111111
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CBIZ ADVISORS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0409 W KIEFFER RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MICHIGAN CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046360
ReturnHeader/PreparerPersonGrp/PhoneNum02198741437
ReturnHeader/PreparerPersonGrp/PreparationDt02024-12-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVE D BAKER
ReturnHeader/ReturnTs02024-12-16T12:34:27-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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