INDIANA CONNECTED EDUCATORS INC (EIN 351630774) - 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

1984

Legal Domicile

Principal Officer

CHRIS YOUNG

Phone

8886363006

Tax Period

2021-07-01 to 2022-06-30

INDIANA CONNECTED EDUCATORS INC, founded in 1984, is a micro nonprofit that reported $3K in total revenue in fiscal year 2021. Revenue fell 87% from the prior year — a significant decline worth monitoring. Expenses of $21K exceeded revenue, resulting in a 591% operating deficit.

Mission

ICE ASSISTS THE INDIANA EDUCATIONAL COMMUNITY TO IMPROVE STUDENT LEARNING THROUGH THE USE OF TECHNOLOGY. THIS IS ACCOMPLISHED THROUGH ANNUAL CONFERENCES FOR TEACHERS AND PUBLICATIONS SENT TO EDUCATORS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $16

Program Service Revenue $0

Investment Income $2,990

Other Revenue $0

TOTAL REVENUE $3,006

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $17,104

Other Expenses $20,785

TOTAL EXPENSES $20,785

Year-over-Year Comparison

	2021	2020	Change
Revenue	$3,006	$22,576	-0.9%
Expenses	$20,785	$30,246	-0.3%
Net Income	$-17,779	$-7,670	+1.3%

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
CHRIS YOUNG	PRESIDENT	004.00	Officer Director	$0	$0	$0
KYLE KLINE	PRESIDENT ELECT	004.00	Officer Director	$0	$0	$0
ALISON SCHLOFELDT	SECRETARY	003.00	Officer Director	$0	$0	$0
KARA HEICHELBECH	TREASURER	003.00	Officer Director	$0	$0	$0
SARA WILKING	CONFERENCE CO-CHAIR	003.00	Director	$0	$0	$0
MICHELE EATON	CONFERENCE CO-CHAIR	003.00	Director	$0	$0	$0
CHEVIN STONE	MEMBER AT LARGE	001.00	Director	$0	$0	$0
DUKE LINES	MEMBER AT LARGE	001.00	Director	$0	$0	$0
LAURENDA WHITCOMB	MGMT CONSULTANT	004.00	Director	$0	$0	$0
NADINE GILKISON	MEMBER AT LARGE	001.00	Director	$0	$0	$0
MELANIE HACKETT	MEMBER AT LARGE	001.00	Director	$0	$0	$0
MATTHEW STUVE	MEMBER AT LARGE	001.00	Director	$0	$0	$0
JOHN WELLS	MEMBER AT LARGE	001.00	Director	$0	$0	$0
SARA MARGESON	MEMBER AT LARGE	001.00	Director	$0	$0	$0
JENNA EASTHAM	MEMBER AT LARGE	001.00	Director	$0	$0	$0
JASON WILBURN	MEMBER AT LARGE	001.00	Director	$0	$0	$0
ALISHO FOOR	IDOE REPRESENTATIVE	001.00	Director	$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
2022	$3,006	$20,785	$52,709	$-17,779
2021	$22,576	$30,246	$81,316	$-7,670
2020	$87,399	$99,642	$80,553	$-12,243
2019	$121,723	$105,451	$101,313	$16,272
2018	$76,658	$87,873	$81,353	$-11,215

INDIANA CONNECTED EDUCATORS INC