Central Indiana Community Foundation Inc

EIN: 351793680 501(c)(3) Philanthropy & Grantmaking

INDIANAPOLIS, IN

Total Revenue
$67,778,335
Total Expenses
$41,699,689
Total Assets
$546,807,672
Net Assets
$532,548,971
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
IN
Phone
3176342423
Tax Period
2023-01-01 to 2023-12-31

Central Indiana Community Foundation Inc, founded in 1997, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $67.8M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $26.1M, a strong 38% operating margin.

Mission

CICF IS A CATALYST FOR PROGRESS, AND A SUPPORTER OF VISIONARY IDEAS WITH THE POWER TO IMPROVE OUR COMMUNITY AND THE LIVES OF ITS RESIDENTS.

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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 $48,760,870
Program Service Revenue $695,057
Investment Income $18,469,217
Other Revenue $-146,809
TOTAL REVENUE $67,778,335

Expense Breakdown

Grants Paid $33,412,041
Salaries & Benefits $3,714,301
Fundraising Expenses $1,006,859
Program Expenses $37,752,768
Other Expenses $4,573,347
TOTAL EXPENSES $41,699,689

Year-over-Year Comparison

2023 2022 Change
Revenue $67,778,335 $59,378,776 +0.1%
Expenses $41,699,689 $54,590,350 -0.2%
Net Income $26,078,646 $4,788,426 +4.4%
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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Governance

Voting Members
20
Independent Members
20
Employees
36
Volunteers
20

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
$977,163
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A SECRETARY 1.0
Officer Director
$0 $0 $0
N/A BOARD VICE CHAIR 1.0
Officer Director
$0 $0 $0
N/A TREASURER 1.0
Officer Director
$0 $0 $0
N/A BOARD CHAIR 1.0
Officer Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A PRESIDENT AND CEO (END 06/2023) 18.0
Officer
$198,979 $101,548 $534,111
N/A CFO (BEG 10/2023) 19.0
Officer
$21,610 $10,629 $56,123
N/A CEO 19.0
Officer
$162,688 $47,995 $386,929
N/A Senior Director of IT 24.0
Highest
$70,734 $17,042 $134,932
N/A SENIOR DIRECTOR OF FINANCE 22.0
Highest
$69,330 $51,515 $183,573
N/A DIR. EFFECTIVE PHILANTHROPY 20.0
Highest
$60,419 $14,466 $135,304
N/A Chief of Staff 18.0
Highest
$60,406 $24,058 $158,294
N/A WOMEN'S FUND PRESIDENT 39.0
Highest
$176,919 $52,701 $235,092
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 $67,778,335 $41,699,689 $546,807,672 $26,078,646
2022 $59,378,776 $54,590,350 $478,310,538 $4,788,426
2021 $56,175,018 $51,142,668 $548,109,976 $5,032,350
2020 $76,912,711 $48,385,726 $478,631,014 $28,526,985
2019 $78,063,459 $35,826,845 $447,971,651 $42,236,614
2018 $-2,144,444 $31,807,187 $407,923,318 $-33,951,631
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