Civic Intelligence

Eci Economic Development Alliance Inc.

990 • Fiscal year 2023 • EIN 87-1079593

Jan 01, 2023 to Dec 31, 2023 • Filed on May 14, 2024

Organization Profile
1208 White River Blvd Ste 128Muncie, IN 47303

(765) 288-0713

Siviq Scores

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

Liabilities / Assets

85th percentile

0.19x

Higher debt load relative to assets than 85% of similar nonprofits.

2023 filings • NTEE C • <$500k nonprofits • Source year 2023

Liabilities / Revenue

85th percentile

0.16x

Higher debt load relative to revenue than 85% of similar nonprofits.

2023 filings • NTEE C • <$500k nonprofits • Source year 2023

Net Margin

87th percentile

70%

Higher net margin than 87% of similar nonprofits.

2023 filings • NTEE C • <$500k nonprofits • Source year 2023

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

2023 filings • NTEE C • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Balance Sheet
Liabilities / Assets85th percentile

Assets

$214,863

No earlier filing loaded for comparison.

Net Assets

$173,829

No earlier filing loaded for comparison.

Liabilities

$41,034

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin87th percentile

Revenue

$250,000

No earlier filing loaded for comparison.

Expenses

$75,957

No earlier filing loaded for comparison.

Net Income

$174,043

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$300K$200K$100K$0Assets 2023: $214,863Liabilities 2023: $41,034Net Assets 2023: $173,8292023Assets 2024: $135,194Liabilities 2024: $41,034Net Assets 2024: $94,1602024

Highlighted filing

2023

Assets$214,863
Liabilities$41,034
Net Assets$173,829
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0-$100KRevenue 2023: $250,000Expenses 2023: $75,957Net Income 2023: $174,0432023Revenue 2024: $0Expenses 2024: $79,669Net Income 2024: -$79,6692024

Highlighted filing

2023

Revenue$250,000
Expenses$75,957
Net Income$174,043
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 14, 2024
Return Version
2023v5.1
Gross Receipts
$250,000
Mission and Program Overview

Mission

Regional vision, providing collaborative leadership and professional services to develop effective solutions and maximize economic development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$214,863-
Total Assets$0$214,863▲ $214,863
Liabilities
Other Liabilities-$41,034-
Total Liabilities$0$41,034▲ $41,034
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$173,829-
Total Net Assets Fund Balance$0$173,829▲ $173,829
Total Liabilities and Net Assets / Fund Balance$0$214,863▲ $214,863
Compensation and Service Providers
Top Officer Pay83rd percentile

Board Members and Trustees

NameTitle
James KingPresident
Bryce ConyersVice President
Brad BookoutSecretary
William WaltersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$250,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$174,043
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$75,957
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
Travel$70,335--$70,335
Fees for Services Other$4,650--$4,650
Fees for Services Accounting$900--$900
Fees for Services Legal$72--$72
Total Functional Expenses$75,957$0$0$75,957
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Seller Proceeds$41,034
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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

Governing body meeting documentation Part VI line 8A

“UPON REQUEST”

Committee meeting documentation Part VI line 8B

“UPON REQUEST”

Form 990 governing body review Part VI line 11

“ANNUALLY”

Conflict of interest policy compliance Part VI line 12C

“ANNUALLY”

Governing documents etc available to public Part VI line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Eci Economic Development Alliance
EIN
87-1079593
Address
1208 WHITE RIVER BLVD STE 128, Muncie, IN 47303

Signing Officer

Name
William Walters
Title
Treasurer
Phone
7652880713
Signed
2024-05-14
Discuss with paid preparer
Yes

Organization Details

Formed
2021
Legal Domicile
In
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Swift & Associates CPAs Inc
Address
3620 N Everbrook Suite A, Muncie, IN 47304
Preparer
Catherine Swift
Phone
7652880713
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ReturnHeader/BuildTS02024-08-08 14:25:15Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-14
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ReturnHeader/ReturnTs02024-09-13T09:55:04-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$214,863
Liabilities
$41,034
Net assets
$173,829
Revenue
$250,000
Expenses
$75,957
Net income
$174,043
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.35$0.41$0.94$0.00$0.80$0.80
2023Detailed filing. Detailed filing data is available for this year.$2.15$0.41$1.74$2.50$0.76$1.74