Indiana Chamber of Commerce Foundation Inc (EIN 311010164) - Form 990 Financial Analysis & Trantor Score

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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

1981

Legal Domicile

Phone

3172646879

Tax Period

2024-11-01 to 2025-10-31

Indiana Chamber of Commerce Foundation Inc, founded in 1981, is a small nonprofit in the Education sector that reported $422K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $771K exceeded revenue, resulting in a 83% operating deficit.

Mission

THE FOUNDATION CONDUCTS STUDIES, PRODUCES REPORTS, AND ESTABLISHES INITIATIVES TO GENERATE SOLUTIONS TO ENHANCE INDIANA'S ECONOMIC FUTURE AND QUALITY OF LIFE.

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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 $397,450

Program Service Revenue $0

Investment Income $24,778

Other Revenue $0

TOTAL REVENUE $422,228

Expense Breakdown

Grants Paid $0

Salaries & Benefits $365,972

Fundraising Expenses $0

Program Expenses $757,286

Other Expenses $405,444

TOTAL EXPENSES $771,416

Year-over-Year Comparison

	2024	2023	Change
Revenue	$422,228	$664,269	-0.4%
Expenses	$771,416	$1,097,201	-0.3%
Net Income	$-349,188	$-432,932	-0.2%

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

Independent Members

Employees

Volunteers

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

$653,164

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN ELSENER	DIRECTOR, CHAIR	1.0	Officer Director	$0	$0	$0
ERIN SCHNEIDER	DIRECTOR, TREASURER	1.0	Officer Director	$0	$0	$0
PAUL THRIFT	DIRECTOR, VICE CHAIR	1.0	Officer Director	$0	$0	$0
AL HUBBARD	DIRECTOR	1.0	Director	$0	$0	$0
CHUCK BALDWIN	DIRECTOR	1.0	Director	$0	$0	$0
DAN EVANS	DIRECTOR	1.0	Director	$0	$0	$0
JEAN WOJTOWICZ	DIRECTOR	1.0	Director	$0	$0	$0
KERRY STEMLER	DIRECTOR	1.0	Director	$0	$0	$0
LARRY GARATONI	DIRECTOR	1.0	Director	$0	$0	$0
MACLYN PARKER	DIRECTOR	1.0	Director	$0	$0	$0
MARILYN MORAN-TOWNSEND	DIRECTOR	1.0	Director	$0	$0	$0
MICHAEL KUBACKI	DIRECTOR	1.0	Director	$0	$0	$0
MICHAEL WELLS	DIRECTOR	1.0	Director	$0	$0	$0
PERRY GRIFFITH	DIRECTOR	1.0	Director	$0	$0	$0
STEPHEN FERGUSON	DIRECTOR	1.0	Director	$0	$0	$0
TOM EASTERDAY	DIRECTOR	1.0	Director	$0	$0	$0
TODD HURST	SECRETARY (START 12/1/24)	25.0	Officer	$94,640	$7,228	$196,508
VANESSA GREEN SINDERS	PRESIDENT AND CEO	2.0	Officer	$0	$46,360	$456,656
BROCK HESLER	VP MEMBERSHIP & FDN RELATIONS (END 5/10/24)	5.0		$0	$20,859	$176,447
KEVIN BRINEGAR	PRESIDENT AND CEO (END 1/5/24)	2.0		$0	$4,987	$246,535

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	$67,549	$116,504	$340,623	$-48,955
2025	$422,228	$771,416	$431,039	$-349,188
2024	$664,269	$1,097,201	$763,948	$-432,932
2023	$446,957	$301,219	$1,205,488	$145,738
2022	$168,536	$378,919	$1,033,738	$-210,383
2021	$1,191,084	$491,527	$1,238,993	$699,557
2020	$248,059	$481,053	$614,764	$-232,994

Indiana Chamber of Commerce Foundation Inc