Growing Places Indy

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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

2009

Legal Domicile

Principal Officer

Laura Henderson

Phone

3173727534

Tax Period

2024-01-01 to 2024-12-31

Growing Places Indy, founded in 2009, is a small nonprofit in the Human Services sector that reported $588K in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $546K left a modest 7% surplus.

Mission

To cultivate Individuals,Family and Community wellbeing through urban agriculture, access to fresh and local food and mind-body education.

Program Service Accomplishments

Program 1

Expenses: $249,937 Revenue: $300,000

Indy winter farmers market and Food in transit activities which make Fresh food available in very urban areas and or during unseasonal times.

Program 2

Expenses: $287,511 Revenue: $286,511

Farming activites including educationg others on how to build community, care for the environment, engaging in mutual aid and care for mental, emotional and social wellbeing through farming.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $540,999

Program Service Revenue $47,371

Investment Income $0

Other Revenue $0

TOTAL REVENUE $588,370

Expense Breakdown

Grants Paid $0

Salaries & Benefits $306,713

Fundraising Expenses $0

Program Expenses $537,448

Other Expenses $239,223

TOTAL EXPENSES $545,936

Year-over-Year Comparison

	2024	2023	Change
Revenue	$588,370	$420,697	+0.4%
Expenses	$545,936	$268,545	+1.0%
Net Income	$42,434	$152,152	-0.7%

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

Governance

Voting Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
LAURA HENDERSON	Interim Director	Director	$0	$0	$0
DANIELLE M DOVE	Board Member	Director	$0	$0	$0
MELANIE PRIEST	President	Officer Director	$0	$0	$0
LAUREN DAY	Board Member	Director	$0	$0	$0
HEATH HURST WILLETT	board Member	Director	$0	$0	$0
CANDACE WILEY	Board Member	Director	$0	$0	$0
CHARLIE REDD	Board Member	Director	$0	$0	$0
RYAN HUNLEY	Board Member	Director	$0	$0	$0
TONYA SISCO	Board Member	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
2024	$588,370	$545,936	$274,660	$42,434
2023	$420,697	$268,545	$218,571	$152,152
2022	$339,653	$368,922	$66,689	$-29,269
2021	$364,487	$324,508	$90,162	$39,979
2020	$212,855	$173,710	$80,571	$39,145
2019	$230,957	$232,841	$32,077	$-1,884
2018	$243,225	$268,952	$25,592	$-25,727