INDIANA STATE CHIROPRACTIC ASSOCIATION INC

EIN: 351044612

INDIANAPOLIS, IN

Total Revenue
$208,673
Total Expenses
$204,643
Total Assets
$4,426
Net Assets
$-107,096
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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
1959
Legal Domicile
IN
Principal Officer
JESSACA TURNER STULTS
Phone
3176734245
Tax Period
2023-01-01 to 2023-12-31

INDIANA STATE CHIROPRACTIC ASSOCIATION INC, founded in 1959, is a small nonprofit that reported $209K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

CHIROPRACTIC PROFESSIONAL EDUCATION

Program Service Accomplishments

Program 1
Expenses: $16,285 Revenue: $22,276

CONVENTIONS AND SEMINARS - OPEN TO STATEWIDE MEMBERSHIP FOR CONTINUING EDUCATION

Program 2
Expenses: $15,577 Revenue: $29,750

PROGRAMS, VIDEOS, MANUALS, AND CERTIFICATES TO SUPPORT EDUCATION REQUIREMENTS OF THE CHIROPRACTIC PROFESSION

Program 3

SPECIAL EVENTS AND NEWSLETTERS CREATING AWARENESS OF THE RECENT DEVELOPMENTS IN THE CHIROPRACTIC FIELD

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $155,071
Program Service Revenue $53,601
Investment Income $1
Other Revenue $0
TOTAL REVENUE $208,673

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $192,949
Other Expenses $204,643
TOTAL EXPENSES $204,643

Year-over-Year Comparison

2023 2022 Change
Revenue $208,673 $184,276 +0.1%
Expenses $204,643 $229,230 -0.1%
Net Income $4,030 $-44,954 -1.1%
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

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Governance

Voting Members
19
Independent Members
19
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
7
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSACA TURNER STULTS EXECUTIVE DI 1.00
Director
$0 $0 $0
DIANA VUOTTO DC PAST-PRESIDE 1.00
Officer
$0 $0 $0
DAVID DAVIS DC TREASURER 1.00
Officer
$0 $0 $0
DEREK DYER DC 1ST VICE PRE 1.00
Officer
$0 $0 $0
JESS BROWER DC SECRETARY 1.00
Officer
$0 $0 $0
ROBERT TENNANT DC PAST-PRESIDE 1.00
Officer
$0 $0 $0
RICHARD MASON DC 2ND VICE PRE 1.00
Officer
$0 $0 $0
TOBY HARMON DC PRESIDENT 1.00
Officer
$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 No data No data No data No data
2023 $208,673 $204,643 $4,426 $4,030
2022 $184,276 $229,230 $15,614 $-44,954
2021 $272,638 $237,668 $44,803 $34,970
2020 $238,827 $236,552 $28,366 $2,275
2019 $244,365 $289,952 $16,991 $-45,587
2018 $298,687 $300,879 $35,850 $-2,192
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