WHITEWATER CANAL BYWAY ASSOCIATION INC

EIN: 261395588 501(c)(3) Arts, Culture & Humanities

Metamora, IN

Total Revenue
$87,120
Total Expenses
$46,782
Total Assets
$552,483
Net Assets
$399,438
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
IN
Principal Officer
Ron Yurcak
Phone
7656985972
Tax Period
2023-01-01 to 2023-12-31

WHITEWATER CANAL BYWAY ASSOCIATION INC, founded in 2007, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $87K in total revenue in fiscal year 2023. Revenue surged 84% from the prior year, signaling strong growth momentum. The organization ran a surplus of $40K, a strong 46% operating margin.

Mission

To promote tourism, economic development and activity in the Whitewater Valley of southeast Indiana. National designated area for scenic byways in five Indiana counties.

Program Service Accomplishments

Program 1
Expenses: $4,205 Revenue: $4,205

During 2023, the organization replaced worn signs along the Byway route as well as completed the signage along the remaining loops of the primary byway. Funds were raised and contributions collected...

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During 2023, the organization replaced worn signs along the Byway route as well as completed the signage along the remaining loops of the primary byway. Funds were raised and contributions collected to pay for the signs.

Program 2
Expenses: $1,800 Revenue: $0

The organization began the process of saving and preserving the historic train depot building located on its property from flood waters that have ravaged the area for the last decade. Cost estimates...

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The organization began the process of saving and preserving the historic train depot building located on its property from flood waters that have ravaged the area for the last decade. Cost estimates for raising the building up and out of the flood zone were obtained as well as cost estimates for the construction of a new foundation and other amenities.

Program 3
Expenses: $812 Revenue: $10,968

Project 4(b) above will be funded with a grant from the State of Indiana. There is a matching requirement associated with this grant. In October 2023, the organization held an Art Auction to begin...

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Project 4(b) above will be funded with a grant from the State of Indiana. There is a matching requirement associated with this grant. In October 2023, the organization held an Art Auction to begin raising the necessary matching funds. Works of art including paintings, sketches and sculptures were donated and then auctioned off with the proceeds earmarked for the project.

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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 (2023)

Revenue Breakdown

Contributions & Grants $60,715
Program Service Revenue $0
Investment Income $0
Other Revenue $26,405
TOTAL REVENUE $87,120

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $6,817
Other Expenses $46,782
TOTAL EXPENSES $46,782

Year-over-Year Comparison

2023 2022 Change
Revenue $87,120 $47,446 +0.8%
Expenses $46,782 $49,609 -0.1%
Net Income $40,338 $-2,163 -19.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
40

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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Candy Yurcak Director 30
Director
$0 $0 $0
David Cook Director 2
Director
$0 $0 $0
Cassie Garrett Director 3
Director
$0 $0 $0
Joann Kich Director 3
Director
$0 $0 $0
Dwayne Nichols Director 2
Director
$0 $0 $0
Barbara Vonderheide Director 2
Director
$0 $0 $0
William Smith Director 2
Director
$0 $0 $0
Ronald Yurcak President 30
Officer
$0 $0 $0
Cathy Vandivier Secretary 10
Officer
$0 $0 $0
Thomas Horninger Treasurer 3
Officer
$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 No data No data No data No data
2024 No data No data No data No data
2023 $87,120 $46,782 $552,483 $40,338
2022 $47,446 $51,694 $503,787 $-4,248
2021 $40,826 $49,609 $507,431 $-8,783
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