INDIANA CPA SOCIETY INC (EIN 350846169) - 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

1915

Legal Domicile

Principal Officer

COURTNEY KINCAID

Phone

3177265000

Tax Period

2024-07-01 to 2025-06-30

INDIANA CPA SOCIETY INC, founded in 1915, is a community nonprofit that reported $3.8M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year.

Mission

OUR MISSION IS TO ENHANCE THE PROFESSIONAL SUCCESS OF OUR MEMBERS WHILE RESPECTING THE PUBLIC INTEREST; TO ENCOURAGE AND FACILITATE THE ADHERENCE TO HIGH ETHICAL AND PROFESSIONAL STANDARDS; TO FACILITATE RELATIONSHIPS THAT WILL BENEFIT OUR MEMBERS; TO PROMOTE A BETTER UNDERSTANDING OF SERVICES RENDERED BY CPAS; AND TO REPRESENT OUR PROFESSION.

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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 $0

Program Service Revenue $3,522,940

Investment Income $162,006

Other Revenue $79,232

TOTAL REVENUE $3,764,178

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,705,092

Fundraising Expenses $0

Other Expenses $2,034,022

TOTAL EXPENSES $3,739,114

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,764,178	$4,175,402	-0.1%
Expenses	$3,739,114	$4,028,196	-0.1%
Net Income	$25,064	$147,206	-0.8%

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

350

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

$559,444

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KYLE A SIMMERMAN CPA	CHAIR	2.00	Officer Director	$0	$0	$0
LISA D TRESSLER CPA	CHAIR ELECT	2.00	Officer Director	$0	$0	$0
JACOB T BUEHLER CPA	VICE CHAIR	1.00	Officer Director	$0	$0	$0
E ZENAI BROOKS CPA	VICE CHAIR	1.00	Officer Director	$0	$0	$0
CORBIN L MILLER CPA CGMA	VICE CHAIR	1.00	Officer Director	$0	$0	$0
CHRIS BELLEVILLE CPA	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH H SCHROEDER CPAPHD	DIRECTOR	1.00	Director	$0	$0	$0
COLBY J CHAMBERLIN CPA	DIRECTOR	1.00	Director	$0	$0	$0
KIMBERLY L DOLLIN CPA CGMA MBA	DIRECTOR	1.00	Director	$0	$0	$0
ROGER STICHTER CPA CGMA DBA MBA	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER A NEAL CPA CGMA	DIRECTOR	1.00	Director	$0	$0	$0
MARY KAY PRASCO CPA CFP	DIRECTOR	1.00	Director	$0	$0	$0
JENNY M QUINNETTE CPA MPA	DIRECTOR	1.00	Director	$0	$0	$0
JOANNA SIMEK CPA	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL L STILL	DIRECTOR	1.00	Director	$0	$0	$0
COURTNEY KINCAID	PRESIDENT AN	40.00	Officer	$204,806	$48,553	$253,359
JENNIFER NORRIS	CFO	40.00	Officer	$131,767	$28,145	$159,912
STACEY WILSON	COO	40.00	Officer	$125,160	$21,013	$146,173
SHERRILL RUDE	VP OF ADVOCA	40.00	Highest	$126,232	$21,304	$147,536
NICHOLE FAVORS	VP OF MEMBER	40.00	Highest	$100,070	$7,542	$107,612
ALLISON TONINI	VP OF PIPELI	40.00	Highest	$104,306	$19,186	$123,492

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	$3,764,178	$3,739,114	$6,075,456	$25,064
2024	$4,175,402	$4,028,196	$6,220,007	$147,206
2023	$3,700,236	$3,882,722	$6,172,282	$-182,486
2022	$3,819,521	$4,018,154	$6,299,187	$-198,633
2021	$4,519,090	$3,890,506	$7,103,615	$628,584
2020	$4,513,746	$4,326,517	$6,461,245	$187,229
2018	$5,242,124	$5,039,305	$4,904,939	$202,819

INDIANA CPA SOCIETY INC