SOUTHEAST INDIANA WORKFORCE INVESTMENT BOARD (EIN 352151847) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

PATTI YOUNT

Phone

8123148568

Tax Period

2024-07-01 to 2025-06-30

SOUTHEAST INDIANA WORKFORCE INVESTMENT BOARD, founded in 2002, is a community nonprofit that reported $7.0M in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum.

Mission

THE ORGANIZATION PROVIDES JOB SERVICES FOR VARIOUS YOUTH, OUT-OF-WORK AND DISADVANTAGED INDIVIDUALS IN SOUTHEAST INDIANA. THE SERVICES INCLUDE VARYING TYPES OF JOB TRAINING AND DEVELOPMENT, JOB ADVANCEMENT PROGRAMS AND JOB PLACEMENT ASSISTANCE.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,973,835

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $6,973,835

Expense Breakdown

Grants Paid $0

Salaries & Benefits $459,249

Fundraising Expenses $0

Program Expenses $6,601,768

Other Expenses $6,471,423

TOTAL EXPENSES $6,930,672

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,973,835	$4,909,933	+0.4%
Expenses	$6,930,672	$4,921,586	+0.4%
Net Income	$43,163	$-11,653	-4.7%

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

Governance

Voting Members

Independent Members

Employees

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

$135,533

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATTI YOUNT	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JON BOND	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SCOTT HUBBARD	TREASURER	1.00	Officer Director	$0	$0	$0
SHERRY BUTLER	DIRECTOR	1.00	Director	$0	$0	$0
JOSH WILBUR	DIRECTOR	1.00	Director	$0	$0	$0
SONJA WHITE	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE SPILLMAN	DIRECTOR	1.00	Director	$0	$0	$0
AMY BRAY	DIRECTOR	1.00	Director	$0	$0	$0
MARK CAUBLE	DIRECTOR	1.00	Director	$0	$0	$0
LISA HUSTON	DIRECTOR	1.00	Director	$0	$0	$0
GARRETT KNOLLMAN	DIRECTOR	1.00	Director	$0	$0	$0
BRYAN ROBBINS	DIRECTOR	1.00	Director	$0	$0	$0
TOM DEBAUN	DIRECTOR	1.00	Director	$0	$0	$0
LONNIE WHITAKER	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE WATTS	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL NOEL	DIRECTOR	1.00	Director	$0	$0	$0
DUSTIN BENTZ	DIRECTOR	1.00	Director	$0	$0	$0
ADAM HOPKINS	DIRECTOR	1.00	Director	$0	$0	$0
JENNY MOSS	DIRECTOR	1.00	Director	$0	$0	$0
TRACY BEAR	DIRECTOR	1.00	Director	$0	$0	$0
LUZ MICHEL	DIRECTOR	1.00	Director	$0	$0	$0
MISSY COOPER	DIRECTOR	1.00	Director	$0	$0	$0
RENEE WOLF	DIRECTOR	1.00	Director	$0	$0	$0
DENISE SMITH	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT RILEY	DIRECTOR	1.00	Director	$0	$0	$0
GARY NORMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
HEATHER FLANIGAN	DIRECTOR	1.00	Director	$0	$0	$0
KURT KEGERREIS	EXECUTIVE DIR.	40.00	Officer	$105,198	$30,335	$135,533

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	$6,973,835	$6,930,672	$2,166,720	$43,163
2024	No data	No data	No data	No data
2023	$4,248,696	$4,256,942	$1,090,390	$-8,246
2022	$4,594,006	$4,540,607	$1,136,430	$53,399
2021	$3,213,203	$3,187,159	$391,929	$26,044
2020	$3,110,899	$3,039,745	$388,544	$71,154
2019	$3,092,245	$3,097,239	$564,744	$-4,994
2018	$2,950,975	$3,009,936	$514,893	$-58,961

SOUTHEAST INDIANA WORKFORCE INVESTMENT BOARD