BALL STATE INNOVATION CORPORATION (EIN 263291952) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

ALAN FINN

Phone

7652851033

Tax Period

2023-07-01 to 2024-06-30

Mission

THE MISSION OF THE BALL STATE INNOVATION CORPORATION IS TO FOSTER AND FACILITATE THE PROCESS OF INNOVATION TO ENHANCE THE REGIONAL ECONOMY. THIS MISSION ENCOMPASSES THE TECHNOLOGY TRANSFER AND COMMERCIALIZATION OF INVENTIONS AND OTHER INNOVATIONS DERIVED FROM RESEARCH WITHIN THE UNIVERSITY. OPPORTUNITIES UNDER THIS MISSION MUST OFFER THE POTENTIAL FOR THE CREATION OF NEW, HIGH-VALUE JOBS AND/OR THE DELIVERY OF OTHER POSITIVE ECONOMIC OR SOCIAL BENEFITS FOR THE UNIVERSITY AND/OR REGIONAL ECONOMY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	$30,249	-1.0%
Expenses	N/A	$15	-1.0%
Net Income	N/A	$30,234	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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

$277,239

Total Directors

$569,563

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSANNA MILLS-RIVERA	DIRECTOR	1.00	Director	$0	$1,680	$104,083
SALI FALLING	DIRECTOR	1.00	Director	$0	$6,315	$188,241
ALAN FINN	DIRECTOR	1.00	Officer Director	$0	$10,444	$277,239

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
2024	No data	No data	$95,385	No data
2023	$30,249	$15	$95,385	$30,234
2022	$200	$-16,183	$65,151	$16,383
2021	No data	$38,159	$64,951	No data
2020	$218,363	$182,433	$88,151	$35,930
2019	$393,438	$327,817	$116,985	$65,621
2018	$364,625	$296,904	$77,245	$67,721

BALL STATE INNOVATION CORPORATION