INDIANA ORGANIZATION FOR NURSING LEADERSHIP INC

EIN: 351806270

INDIANAPOLIS, IN

Total Revenue
$950,660
Total Expenses
$623,419
Total Assets
$2,519,129
Net Assets
$2,517,952
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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
1990
Legal Domicile
IN
Principal Officer
CATHERINE WICHMAN
Phone
3176334870
Tax Period
2024-01-01 to 2024-12-31

INDIANA ORGANIZATION FOR NURSING LEADERSHIP INC, founded in 1990, is a small nonprofit that reported $951K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $327K, a strong 34% operating margin.

Mission

TO SHAPE HEALTH CARE THROUGH INNOVATIVE AND EXPERT NURSING LEADERSHIP.

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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 (2024)

Revenue Breakdown

Contributions & Grants $42,782
Program Service Revenue $765,395
Investment Income $142,483
Other Revenue $0
TOTAL REVENUE $950,660

Expense Breakdown

Grants Paid $140,510
Salaries & Benefits $194,178
Fundraising Expenses $0
Other Expenses $288,731
TOTAL EXPENSES $623,419

Year-over-Year Comparison

2024 2023 Change
Revenue $950,660 $873,197 +0.1%
Expenses $623,419 $666,832 -0.1%
Net Income $327,241 $206,365 +0.6%
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
20
Independent Members
20
Employees
N/A
Volunteers
22

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
6
$183,085
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THERESA BRADTMILLER PAST PRESIDENT, NOMINATING 1.00
Officer Director
$0 $0 $0
JILL BUTTRY PRESIDENT 6.00
Officer Director
$0 $0 $0
JASON GILBERT PRESIDENT ELECT 2.00
Officer Director
$0 $0 $0
LISA IMLAY TREASURER, FINANCE CHAIR 1.00
Officer Director
$0 $0 $0
NORMA HALL SECRETARY 1.00
Officer Director
$0 $0 $0
JENNIFER FUNK MEMBER AT LARGE 1.00
Director
$0 $0 $0
CHRISTY FLYNN MEMBER AT LARGE & SCHOLARS 1.00
Director
$0 $0 $0
RACHEL SPAULDING MEMBER AT LARGE & LICENSE PLATE CHAIR 1.00
Director
$0 $0 $0
JARED DUNLAP EASTERN DISTRICT PRESIDENT 1.00
Director
$0 $0 $0
JULIE CROSSLEY NORTHERN DISTRICT PRESIDEN 1.00
Director
$0 $0 $0
CHRISINE HEPLER NE DISTRICT PRESIDENT 1.00
Director
$0 $0 $0
MIKE NORTHCRAFT SE DISTRICT PRESIDENT 1.00
Director
$0 $0 $0
CHRISTY CLABORN SW DISTRICT PRESIDENT 1.00
Director
$0 $0 $0
LINDA WEBB BYLAWS CHAIR 1.00
Director
$0 $0 $0
STAYCE WOODBURN LEGISLATIVE CHAIR 1.00
Director
$0 $0 $0
ANGELA SHICK LICENSE PLATE CO-CHAIR 1.00
Director
$0 $0 $0
LORI PERSHON PUBLIC RELATIONS CHAIR 1.00
Director
$0 $0 $0
RHONDA SMITH CENTRAL SW DISTRICT PRESID 1.00
Director
$0 $0 $0
RUSSELL EWING EMERGING LEADER - NON VOTI 1.00
Director
$0 $0 $0
CHERYL WELP POST-ACUTE - NON VOTING 1.00
Director
$0 $0 $0
JENNIFER WEGER LICENSE PLATE CO-CHAIR 1.00
Director
$0 $0 $0
HOLLY CARTER CENTRAL DISTRICT PRESIDENT 1.00
Director
$0 $0 $0
CATHERINE WICHMAN CEO 37.50
Officer
$145,009 $38,076 $183,085
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 $950,660 $623,419 $2,519,129 $327,241
2023 $873,197 $666,832 $2,213,330 $206,365
2022 $845,114 $555,676 $2,169,447 $289,438
2021 $722,237 $373,964 $1,694,908 $348,273
2020 $704,329 $450,600 $1,314,510 $253,729
2019 $696,653 $621,570 $1,058,615 $75,083
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