PLAINFIELD, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)INDIANA RETIRED TEACHERS ASSOCIATION FOUNDATION INC, founded in 1976, is a micro nonprofit that reported $93K in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $31K, a strong 34% operating margin.
AS A PARTNER OF THE INDIANA RETIRED TEACHERS ASSOCIATION ("IRTA"), OUR FOUNDATION PROMOTES THE WELFARE OF RETIRED TEACHERS, SUPPORTS THOSE WHO ARE CURRENTLY TEACHING AND ENCOURAGES PEOPLE TO ENTER THE PROFESSION.
TO SUPPORT OUR MISSION, THE IRTA FOUNDATION SPONSORS:SCHOLARSHIPS: COLLEGE SOPHOMORES AND JUNIORS WHO ARE EDUCATION MAJORS MAY APPLY IN THE SPRING. ONE SCHOLARSHIP IN EACH OF THE TEN GEOGRAPHIC AREAS...
TO SUPPORT OUR MISSION, THE IRTA FOUNDATION SPONSORS:SCHOLARSHIPS: COLLEGE SOPHOMORES AND JUNIORS WHO ARE EDUCATION MAJORS MAY APPLY IN THE SPRING. ONE SCHOLARSHIP IN EACH OF THE TEN GEOGRAPHIC AREAS OF THE IRTA WILL BE AWARDED ANNUALLY.ACTIVE TEACHER GRANTS: PUBLIC SCHOOL EDUCATORS (PRE-K THROUGH 12) MAY APPLY SO THAT THEIR STUDENTS WILL HAVE THE MEANS TO PARTICIPATE IN SPECIAL PROJECTS. APPLICATIONS ARE DUE IN THE FALL, AND A MINIMUM OF ONE GRANT IN EACH OF THE TEN GEOGRAPHIC AREAS WILL BE AWARDED ANNUALLY.A HAND UP: IRTA MEMBERS WHO FACE AN IMMEDIATE, SHORT TERM FINANCIAL NEED MAY APPLY FOR UP TO $1,000. THIS GRANT REQUEST MAY BE MADE AT ANY TIME DURING THE YEAR, AS A NEED ARISES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $92,517 | $67,388 | +0.4% |
| Expenses | $61,045 | $50,110 | +0.2% |
| Net Income | $31,472 | $17,278 | +0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ALAN ZERKEL | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JUDY HOSTETLER | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEFFREY ZOOK | PAST PRESIDENT / SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ELLEN MULFORD | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID LENNEN | IRTA PRESIDENT, EX-OFFICIO | 1.00 |
Director
|
$0 | $0 | $0 |
| LINDA MORRIS | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK GUARD | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LAURA PENMAN | IRTA EXEC DIRECTOR, EX-OFFICIO | 2.00 |
Director
|
$0 | $21,718 | $106,410 |
| CHARLES SHORT | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JANE BOULTINGHOUSE | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DR SHARON BARNES | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $92,517 | $61,045 | $735,877 | $31,472 |
| 2024 | $67,388 | $50,110 | $652,796 | $17,278 |
| 2023 | $45,158 | $55,085 | $596,665 | $-9,927 |
| 2022 | $105,784 | $57,470 | $576,863 | $48,314 |
Compare INDIANA RETIRED TEACHERS ASSOCIATION FOUNDATION INC with other nonprofits in Indiana and across the country.