Neighbors Corporation

EIN: 351768550 501(c)(3)

Valparaiso, IN

Total Revenue
$517,867
Total Expenses
$542,637
Total Assets
$3,290,702
Net Assets
$1,667,439
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
IN
Principal Officer
Patricia Terrell
Phone
2194620220
Tax Period
2023-01-01 to 2023-12-31

Neighbors Corporation, founded in 1985, is a small nonprofit that reported $518K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Net assets of $1.7M represent 39 months of operating reserves.

Mission

Establish a linkage with peoples and communities who have been socially, econonically, and/or politically oppressed to share cultural, social, and econonic resources the will promote community development.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $240,839
Program Service Revenue $268,505
Investment Income $7,043
Other Revenue $1,480
TOTAL REVENUE $517,867

Expense Breakdown

Grants Paid $0
Salaries & Benefits $135,254
Fundraising Expenses $0
Program Expenses $404,559
Other Expenses $407,383
TOTAL EXPENSES $542,637

Year-over-Year Comparison

2023 2022 Change
Revenue $517,867 $560,677 -0.1%
Expenses $542,637 $449,813 +0.2%
Net Income $-24,770 $110,864 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
26
Independent Members
26
Employees
4
Volunteers
25

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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tina Allen-Abulhassan Board Member N/A
$0 $0 $0
Larry Baas Board Member N/A
$0 $0 $0
Ivan Bodensteiner President N/A
$0 $0 $0
Jan Jones Board Member N/A
$0 $0 $0
Rujaiyat Lawal Board Member N/A
$0 $0 $0
Marjorie Leoschke Board Member N/A
$0 $0 $0
Jeffrey Lewis Board Member N/A
$0 $0 $0
Ken Luther Board Member N/A
$0 $0 $0
Byron Martin Board Member N/A
$0 $0 $0
Matt Puffer Board Member N/A
$0 $0 $0
Lois Reiner Board Member N/A
$0 $0 $0
Rebecca Reiner Board Member N/A
$0 $0 $0
Ed Senne Board Member N/A
$0 $0 $0
Richard Severe Vice President N/A
$0 $0 $0
George Terrell Board Member N/A
$0 $0 $0
Willow Walsh Board Member N/A
$0 $0 $0
Jamal Watkins Board Member N/A
$0 $0 $0
Liz Wuerffel Vice President N/A
$0 $0 $0
Pat Terrell Secretary/Treasurer N/A
$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 $517,867 $542,637 $3,290,702 $-24,770
2022 $560,677 $449,813 $3,243,889 $110,864
2021 $574,342 $393,268 $3,173,560 $181,074
2020 $417,243 $355,739 $2,983,483 $61,504
2019 $453,469 $354,590 $2,976,012 $98,879
2018 $342,998 $338,582 $2,917,293 $4,416
Explore More Nonprofits
Top 100 Nonprofits in Indiana Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Neighbors Corporation with other nonprofits in Indiana and across the country.