INDIANA PARK AND RECREATION ASSOCIATION

EIN: 237419546 501(c)(3) Recreation & Sports

NOBLESVILLE, IN

Total Revenue
$530,063
Total Expenses
$513,567
Total Assets
$300,708
Net Assets
$284,008
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
IN
Principal Officer
LISA NYE
Phone
3172195272
Tax Period
2025-01-01 to 2025-12-31

INDIANA PARK AND RECREATION ASSOCIATION, founded in 1991, is a small nonprofit in the Recreation & Sports sector that reported $530K in total revenue in fiscal year 2025. Expenses of $514K left a modest 3% surplus.

Mission

ADVANCE HEALTHY LIFE STYLES & ENVIRONMENTAL STEWARDSHIP- SEE PART III LINE 1 FOR MISSION STATEMENT

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $102,678
Program Service Revenue $394,769
Investment Income $8,116
Other Revenue $24,500
TOTAL REVENUE $530,063

Expense Breakdown

Grants Paid $0
Salaries & Benefits $244,269
Fundraising Expenses $0
Program Expenses $453,213
Other Expenses $269,298
TOTAL EXPENSES $513,567

Year-over-Year Comparison

2025 2024 Change
Revenue $530,063 $502,872 +0.1%
Expenses $513,567 $543,103 -0.1%
Net Income $16,496 $-40,231 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
3
Volunteers
100

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$112,469
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LISA NYE EXECUTIVE DIRECTOR 50.00
Officer
$112,469 $0 $112,469
JIM BASALA PRESIDENT 1.00
Officer Director
$0 $0 $0
MICHAEL KLITZING PRESIDENT-ELECT 1.00
Officer Director
$0 $0 $0
BECKY BARRICK HIGGINS PAST-PRESIDENT 6.00
Officer Director
$0 $0 $0
ASHLEY GREENE SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
JONATHAN BLAKE BOARD MEMBER 1.00
Director
$0 $0 $0
PHIL CORNELIUS BOARD MEMBER 1.00
Director
$0 $0 $0
JAMISON CZARNECKI BOARD MEMBER 1.00
Director
$0 $0 $0
ANA DISSELHORST BOARD MEMBER 1.00
Director
$0 $0 $0
NICOLE DREXLER BOARD MEMBER 1.00
Director
$0 $0 $0
MARK HEINTZ BOARD MEMBER 1.00
Director
$0 $0 $0
LORA HELMICK BOARD MEMBER 1.00
Director
$0 $0 $0
PARKER IRWIN BOARD MEMBER 1.00
Director
$0 $0 $0
NICOLE MEDARIS BOARD MEMBER 1.00
Director
$0 $0 $0
MEGAN MILLER BOARD MEMBER 1.00
Director
$0 $0 $0
HANNAH SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $530,063 $513,567 $300,708 $16,496
2024 No data No data No data No data
2023 $474,097 $441,294 $347,049 $32,803
2022 $470,415 $407,268 $340,075 $63,147
2021 $431,379 $352,145 $238,049 $79,234
2020 $378,451 $332,315 $178,043 $46,136
2019 $346,740 $350,732 $243,850 $-3,992
2018 $396,806 $372,801 $212,402 $24,005
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