BROAD RIPPLE VILLAGE ASSOCIATION INC (EIN 352093353) - 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

1999

Legal Domicile

Principal Officer

MATTHEW HORNYAK

Phone

3172512782

Tax Period

2024-01-01 to 2024-12-31

BROAD RIPPLE VILLAGE ASSOCIATION INC, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $262K in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $86K, a strong 33% operating margin.

Mission

TO SUPPORT AND ENCOURAGE A SPIRIT OF COMMUNITY COOPERATION IN BROAD RIPPLE VILLAGE DEVELOPMENT AND BEAUTIFICATION AND TO SERVE AS A COMMUNITY LIASON TO THE CITY OF INDIANAPOLIS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $291,038

Program Service Revenue $0

Investment Income $1,104

Other Revenue $-30,297

TOTAL REVENUE $261,845

Expense Breakdown

Grants Paid $0

Salaries & Benefits $86,570

Fundraising Expenses $0

Program Expenses $84,104

Other Expenses $88,867

TOTAL EXPENSES $175,437

Year-over-Year Comparison

	2024	2023	Change
Revenue	$261,845	$183,817	+0.4%
Expenses	$175,437	$165,346	+0.1%
Net Income	$86,408	$18,471	+3.7%

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

Volunteers

200

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

$75,541

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JORDAN DILLON	EXECUTIVE DI	40.00	Officer	$68,041	$7,500	$75,541
ANTHONY BELLAMY	DIRECTOR	3.00	Director	$0	$0	$0
BO BOROSKI	DIRECTOR	3.00	Director	$0	$0	$0
CATRONA DAVID	DIRECTOR	3.00	Director	$0	$0	$0
MARK DEMERLY	DIRECTOR	3.00	Director	$0	$0	$0
TOM DREW	DIRECTOR	5.00	Director	$0	$0	$0
RACHEL HICKEY	VICE-PRESIEN	5.00	Officer Director	$0	$0	$0
MATTHEW HORNYAK	PRESIDENT	5.00	Officer Director	$0	$0	$0
JAROD KRISLOFF	DIRECTOR	3.00	Director	$0	$0	$0
RICHARD MICHAL	DIRECTOR	3.00	Director	$0	$0	$0
SARAH MYERS	DIRECTOR	3.00	Director	$0	$0	$0
BRYAN PHILLIPS	TREASURER	5.00	Officer Director	$0	$0	$0
LEIGH-ANN RICHARDVILLE	SECRETARY	5.00	Officer Director	$0	$0	$0
SHERRY SEIWERT	DIRECTOR	3.00	Director	$0	$0	$0
KIP TEW	DIRECTOR	3.00	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
2024	$261,845	$175,437	$371,216	$86,408
2023	$183,817	$165,346	$283,000	$18,471
2022	$191,838	$450,325	$264,021	$-258,487
2021	$525,376	$160,546	$521,779	$364,830
2020	$133,647	$207,204	$156,831	$-73,557
2019	$239,084	$191,489	$230,388	$47,595
2018	$203,340	$164,913	$182,817	$38,427

BROAD RIPPLE VILLAGE ASSOCIATION INC