ALTRUSA FOUNDATION OF INDIANAPOLIS INC (EIN 352123383) - 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

2001

Legal Domicile

Principal Officer

Kathleen Reinhold

Phone

3174969443

Tax Period

2023-06-01 to 2024-05-31

ALTRUSA FOUNDATION OF INDIANAPOLIS INC, founded in 2001, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $23K in total revenue in fiscal year 2023. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $22K left a modest 6% surplus.

Mission

The Altrusa Foundation of Indianapolis Inc is dedicated to improving economic well-being and quality of life through a commitment to help provide educational opportunities for non-traditional students.

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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 (2023)

Revenue Breakdown

Contributions & Grants $12,760

Program Service Revenue $0

Investment Income $10,152

Other Revenue $32

TOTAL REVENUE $22,944

Expense Breakdown

Grants Paid $16,000

Salaries & Benefits $0

Fundraising Expenses $1,420

Program Expenses $16,000

Other Expenses $5,541

TOTAL EXPENSES $21,541

Year-over-Year Comparison

	2023	2022	Change
Revenue	$22,944	$281,537	-0.9%
Expenses	$21,541	$11,088	+0.9%
Net Income	$1,403	$270,449	-1.0%

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kay Herber	President	2	Officer Director	$0	$0	$0
Kathy Finley	Vice President	2	Officer Director	$0	$0	$0
Kathy Reinhold	Treasurer	2	Officer Director	$0	$0	$0
Jennifer Staashelm	Secretary	2	Officer Director	$0	$0	$0
Anne Boley	Director	2	Director	$0	$0	$0
Alice Fae Johnson	Director	2	Director	$0	$0	$0
Connie Knoll	Director	2	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
2025	No data	No data	No data	No data
2024	$22,944	$21,541	$396,261	$1,403
2023	$281,537	$11,088	$370,738	$270,449

ALTRUSA FOUNDATION OF INDIANAPOLIS INC