GROUSELAND FOUNDATION INC

EIN: 352088602 501(c)(3) Arts, Culture & Humanities

VINCENNES, IN

Total Revenue
$377,370
Total Expenses
$236,800
Total Assets
$2,432,550
Net Assets
$2,432,550
🔒

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
1999
Legal Domicile
IN
Principal Officer
JONATHAN FEAVEL
Phone
8128822096
Tax Period
2024-07-01 to 2025-06-30

GROUSELAND FOUNDATION INC, founded in 1999, is a small nonprofit in the Arts, Culture & Humanities sector that reported $377K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $141K, a strong 37% operating margin.

Mission

TO TEACH VISITORS ABOUT THE HISTORY OF WILLIAM HENRY HARRISON AND PROMOTE HISTORY AWARENESS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $299,686
Program Service Revenue $50,322
Investment Income $27,362
Other Revenue $0
TOTAL REVENUE $377,370

Expense Breakdown

Grants Paid $0
Salaries & Benefits $31,264
Fundraising Expenses $30,648
Program Expenses $163,629
Other Expenses $205,536
TOTAL EXPENSES $236,800

Year-over-Year Comparison

2024 2023 Change
Revenue $377,370 $289,358 +0.3%
Expenses $236,800 $291,535 -0.2%
Net Income $140,570 $-2,177 -65.6%
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
11
Independent Members
11
Employees
8
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
5
$86,750
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK PALMER TREASURER 2.00
Officer
$0 $0 $0
SANDRA STEWART SECRETARY 2.00
Officer
$0 $0 $0
JONATHAN FEAVEL PRESIDENT 2.00
Officer
$0 $0 $0
KIRK BOUCHIE VICE PRESIDE 2.00
Officer
$0 $0 $0
NANCY LAWLESS DIRECTOR 2.00
Director
$0 $0 $0
KEVIN HARTZBURG DIRECTOR 2.00
Director
$0 $0 $0
LORI MARCHINO DIRECTOR 2.00
Director
$0 $0 $0
SHARON EDMONSON DIRECTOR 2.00
Director
$0 $0 $0
MARY ANN KIRCHOFF DIRECTOR 2.00
Director
$0 $0 $0
MARSHA COATS DIRECTOR 2.00
Director
$0 $0 $0
LISA ICE JONES EXECUTIVE DI 40.00
Officer
$86,750 $0 $86,750
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 $377,370 $236,800 $2,432,550 $140,570
2024 No data No data No data No data
2023 $512,061 $218,710 $2,249,270 $293,351
2022 $268,113 $166,540 $2,076,672 $101,573
2021 $641,032 $141,848 $1,753,026 $499,184
2020 $756,892 $143,285 $1,213,851 $613,607
2019 $115,918 $142,557 $606,557 $-26,639
Explore More Nonprofits
Top 100 Nonprofits in Indiana Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GROUSELAND FOUNDATION INC with other nonprofits in Indiana and across the country.