KENWOOD PLACE I INC

EIN: 263697620 501(c)(3)

INDIANAPOLIS, IN

Total Revenue
$607,499
Total Expenses
$658,433
Total Assets
$2,090,903
Net Assets
$84,724
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
IN
Principal Officer
MICHAEL PETRIE
Phone
3178454171
Tax Period
2023-07-01 to 2024-06-30

KENWOOD PLACE I INC, founded in 2009, is a small nonprofit that reported $607K in total revenue in fiscal year 2023.

Mission

TO PROVIDE LOW-INCOME HOUSING TO THE ELDERLY AND DISABLED. TENANTS PAY A PORTION OF THE RENT BASED ON ABILITY TO PAY AS DETERMINED BY HUD. RENTS ARE SUBSIDIZED BY HUD.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $595,304
Investment Income $12,195
Other Revenue $0
TOTAL REVENUE $607,499

Expense Breakdown

Grants Paid $0
Salaries & Benefits $86,333
Fundraising Expenses $0
Program Expenses $658,433
Other Expenses $572,100
TOTAL EXPENSES $658,433

Year-over-Year Comparison

2023 2022 Change
Revenue $607,499 $587,909 +0.0%
Expenses $658,433 $630,922 +0.0%
Net Income $-50,934 $-43,013 +0.2%
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

Sign In

Governance

Voting Members
3
Independent Members
3
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL PETRIE PRESIDENT/SECRETARY 0.00
Officer Director
$0 $0 $0
BRUCE R BAIRD VICE-PRESIDENT/TREASURER 0.00
Officer Director
$0 $0 $0
THOMAS MARENDT DIRECTOR 0.00
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 No data No data No data No data
2024 $607,499 $658,433 $2,090,903 $-50,934
2023 $587,909 $630,922 $2,086,380 $-43,013
2022 $583,284 $586,346 $2,087,634 $-3,062
2021 $610,849 $632,889 $2,137,457 $-22,040
2020 $613,796 $541,864 $2,194,475 $71,932
Explore More Nonprofits
→Top 100 Nonprofits in Indiana →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare KENWOOD PLACE I INC with other nonprofits in Indiana and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.