SOUTHERN INDIANA COOPERATIVE WEED MANAGEMENT AREA INC

EIN: 263327312 501(c)(3) Environment

BEDFORD, IN

Total Revenue
$1,189,818
Total Expenses
$1,047,029
Total Assets
$326,628
Net Assets
$318,699
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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
2008
Principal Officer
DANA RISCH
Phone
8126535563
Tax Period
2025-01-01 to 2025-12-31

SOUTHERN INDIANA COOPERATIVE WEED MANAGEMENT AREA INC, founded in 2008, is a community nonprofit in the Environment sector that reported $1.2M in total revenue in fiscal year 2025. Revenue surged 166% from the prior year, signaling strong growth momentum. Expenses of $1.0M left a modest 12% surplus.

Mission

TO PROMOTE AND SUPPORT THE FORMATION OF COOPERATIVE INVASIVE SPECIES MANAGEMENT AREAS (CISMAS) THROUGHOUT THE STATE OF INDIANA.

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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 $1,189,792
Program Service Revenue $0
Investment Income $26
Other Revenue $0
TOTAL REVENUE $1,189,818

Expense Breakdown

Grants Paid $0
Salaries & Benefits $403,170
Fundraising Expenses $20,040
Program Expenses $975,850
Other Expenses $643,859
TOTAL EXPENSES $1,047,029

Year-over-Year Comparison

2025 2024 Change
Revenue $1,189,818 $447,066 +1.7%
Expenses $1,047,029 $509,117 +1.1%
Net Income $142,789 $-62,051 -3.3%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
9
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
4
$66,800
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANA RISCH EXEC DIRECTO 40.00
Officer
$66,800 $0 $66,800
ANTHONY SIPES BOARD PRESID 2.00
Officer
$0 $0 $0
TEENA LIGMAN SECRETARY 1.00
Officer
$0 $0 $0
TROY HINKLE TREASURER 1.00
Officer
$0 $0 $0
CHERYL COON BOARD MEMBER 1.00
Director
$0 $0 $0
RAY CHATTIN BOARD MEMBER 1.00
Director
$0 $0 $0
LENNY FARLEE BOARD MEMBER 1.00
Director
$0 $0 $0
DONNA HERUM BOARD MEMBER 1.00
Director
$0 $0 $0
CLAIRE LANE BOARD MEMBER 1.00
Director
$0 $0 $0
ZHAO MA BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL MYCROFT 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 $1,189,818 $1,047,029 $326,628 $142,789
2024 $447,066 $509,117 $185,170 $-62,051
2023 $625,673 $546,765 $247,787 $78,908
2022 $498,239 $501,642 $176,212 $-3,403
2021 $441,026 $378,411 $176,297 $62,615
2021 $441,026 $378,411 $176,297 $62,615
2020 $345,802 $340,208 $111,328 $5,594
2019 $246,286 $283,803 $100,528 $-37,517
2018 $231,036 $145,791 $134,665 $85,245
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