INDIANA TOWNSHIP ASSOCIATION INC

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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

1978

Legal Domicile

Principal Officer

DEBBIE DRISKELL

Phone

3178133240

Tax Period

2023-01-01 to 2023-12-31

INDIANA TOWNSHIP ASSOCIATION INC, founded in 1978, is a small nonprofit that reported $452K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $630K exceeded revenue, resulting in a 39% operating deficit.

Mission

TO PROVIDE SERVICES TO INDIANA TOWNSHIPS AND THEIR EMPLOYEES SO THAT THEY MAY BETTER PERFORM THEIR JOBS.

Program Service Accomplishments

Program 1

Expenses: $316,534 Revenue: $193,488

PROVIDING FOR AREA MEETINGS AND CONFERENCES TO FURTHER EDUCATE TOWNSHIP TRUSTEES

Program 2

Expenses: $313,818 Revenue: $258,724

TO PROPOSE, SUPPORT AND PROMOTE LEGISLATION FAVORABLE TO AND TO OPPOSE LEGISLATION DETRIMENTAL TO TOWNSHIP GOVERNMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $452,211

Investment Income $0

Other Revenue $0

TOTAL REVENUE $452,211

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $630,352

Other Expenses $630,352

TOTAL EXPENSES $630,352

Year-over-Year Comparison

	2023	2022	Change
Revenue	$452,211	$395,554	+0.1%
Expenses	$630,352	$426,421	+0.5%
Net Income	$-178,141	$-30,867	+4.8%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHAD BENNETT	SOUTHWEST AR	N/A	Director	$0	$0	$0
MONICA CASANOVA	WEST CENTRAL	N/A	Director	$0	$0	$0
DEBBIE DRISKELL	EXECUTIVE DI	N/A	Director	$0	$0	$0
ANDREW DURAM	ASSOCIATE DI	N/A	Director	$0	$0	$0
JULIA GOON	NORTHEAST AR	N/A	Director	$0	$0	$0
SUSAN ISAAC	EAST CENTRAL	N/A	Director	$0	$0	$0
BENJAMIN P JACKSON	SOUTHEAST AR	N/A	Director	$0	$0	$0
LISA PIERZAKOWSKI	VICE PRESIDE	N/A	Director	$0	$0	$0
LYDIA WALES	CENTRAL AREA	N/A	Director	$0	$0	$0
RALPH N FLOWERS	TREASURER	N/A	Officer	$0	$0	$0
SARAH GNAGY	SECRETARY	N/A	Officer	$0	$0	$0
KIM ROBINSON	NORTHWEST AR	N/A	Officer	$0	$0	$0
MARILYN KAY WALKER	PRESIDENT	N/A	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$452,211	$630,352	$42,460	$-178,141
2022	$395,554	$426,421	$120,432	$-30,867
2021	$342,756	$384,596	$151,299	$-41,840
2020	$243,580	$238,530	$193,139	$5,050