Civic Intelligence

Free Press Indiana Inc.

EIN 92-2211924 • 501(c)3 • Indianapolis, IN

Pub. 78 Eligible990-N Coverage

Profile

Strengthen our communities and preserve democracy in indiana. Fill information gaps with original community-based non-partisan local reporting and work collaboratively with the indiana news ecosystem to distribute content until every hoosier has the information they need.

1220 Waterway Boulevard Ste H230Indianapolis, IN 46202

www.freepressindiana.org

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

13th percentile

0.00x

Higher debt load relative to revenue than 13% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

99th percentile

99%

Higher net margin than 99% of similar nonprofits.

501(c)3 • $5M-$10M 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

Score unavailable

No value available

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

Source year 2024

Revenue Growth

Score unavailable

No value available

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

Source year 2024

Balance Sheet
Liabilities / Assets16th percentile

Assets

$5,440,266

No earlier filing loaded for comparison.

Liabilities

$25,444

No earlier filing loaded for comparison.

Net Assets

$5,414,822

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue13th percentileNet Margin99th percentile

Revenue

$5,468,212

No earlier filing loaded for comparison.

Expenses

$56,484

No earlier filing loaded for comparison.

Net Income

$5,411,728

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0Assets 2024: $5,440,266Liabilities 2024: $25,444Net Assets 2024: $5,414,8222024

Highlighted filing

2024

Assets$5,440,266
Liabilities$25,444
Net Assets$5,414,822
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0Revenue 2024: $5,468,212Expenses 2024: $56,484Net Income 2024: $5,411,7282024

Highlighted filing

2024

Revenue$5,468,212
Expenses$56,484
Net Income$5,411,728
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$5,440,266
Liabilities
$25,444
Net assets
$5,414,822
Revenue
$5,468,212
Expenses
$56,484
Net income
$5,411,728
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.44$0.03$5.41$5.47$0.06$5.41
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.2
Gross Receipts
$5,468,212
Mission and Program Overview

Mission

Strengthen our communities and preserve democracy in indiana. Fill information gaps with original community-based non-partisan local reporting and work collaboratively with the indiana news ecosystem to distribute content until every hoosier has the information they need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$3,778,053-
Accounts Receivable-$1,662,213-
Total Assets$0$5,440,266▲ $5,440,266
Liabilities
Accounts Payable and Accrued Expenses-$25,444-
Total Liabilities$0$25,444▲ $25,444
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$5,414,822-
Total Net Assets Fund Balance$0$5,414,822▲ $5,414,822
Total Liabilities and Net Assets / Fund Balance$0$5,440,266▲ $5,440,266
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Karen Ferguson FusonBoard Chair
Barato BrittDirector
Carolyn Gentle-genittyDirector
Carolyne MaysDirector
Mark MilesDirector
Melissa ProffittDirector
Myrta PulliamDirector
Nichole WilsonDirector
Michael OuimetteTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,153,495
Program Service Revenue
$0
Investment Income
$309,717
Other Revenue
$5,000
All Other Contributions
$5,153,495
Change in Net Assets
$5,411,728

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,468,212
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,468,212
Total Revenue per Form 990
$5,468,212
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$30,937
Other Expenses$25,547
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Employee Benefits-$30,937-$30,937
Conferences and Meetings-$15,250-$15,250
Occupancy-$10,000-$10,000
Advertising-$169-$169
Fees for Services Accounting-$105-$105
Office Expenses-$23-$23
Total Functional Expenses$0$56,484$0$56,484

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$56,484
Total Expenses per Audited Statements$56,484
Total Expenses per Form 990$56,484
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Yes
Other officer compensation reviewed
Yes
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 B, Line 11B

“The finance committee and ceo review the 990 before submission.”

Form 990, Part VI, Section B, Line 15

“The board and executive committee determine ceo/ed compensation.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Free Press Indiana
EIN
92-2211924
Phone
3172100898
Address
1220 WATERWAY BOULEVARD STE H230, INDIANAPOLIS, IN 46202

Signing Officer

Name
Bro Krift
Title
Chief Executive Officer
Phone
3172100898
Signed
2025-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bro Krift
Formed
2023
Legal Domicile
In
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
10

Preparer

Firm
Sb & Company LLC
Address
10200 GRAND CENTRAL AVE SUITE 250, OWINGS MILLS, MD 21117
Preparer
Pamela Gray
Phone
4105840060
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The committee that assumes responsibility for oversight of the audit has not changed from prior year.”

Raw XML Appendix324 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FINANCE COMMITTEE AND CEO REVIEW THE 990 BEFORE SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD AND EXECUTIVE COMMITTEE DETERMINE CEO/ED COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
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ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRO KRIFT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF EXECUTIVE OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum03172100898
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FREE PRESS INDIANA
ReturnHeader/Filer/BusinessNameControlTxt0FREE
ReturnHeader/Filer/EIN0922211924
ReturnHeader/Filer/PhoneNum03172100898
ReturnHeader/Filer/USAddress/AddressLine1Txt01220 WATERWAY BOULEVARD STE H230
ReturnHeader/Filer/USAddress/CityNm0INDIANAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046202
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202153727
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SB & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010200 GRAND CENTRAL AVE SUITE 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OWINGS MILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021117
ReturnHeader/PreparerPersonGrp/PhoneNum04105840060
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAMELA GRAY
ReturnHeader/ReturnTs02025-11-12T11:36:28-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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