Faith in Indiana (EIN 452349567) - 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

2011

Legal Domicile

Phone

3172039673

Tax Period

2023-01-01 to 2023-12-31

Faith in Indiana, founded in 2011, is a community nonprofit in the Human Services sector that reported $1.4M in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $2.1M exceeded revenue, resulting in a 52% operating deficit.

Mission

Faith in Indiana (formerly IndyCAN) is a catalyst for faith communities and marginalized peoples to act collectively for racial and economic justice in Indiana. FaithIN develops civic leaders directly impacted by inequality, awakens the electorate, amplifies the prophetic voice, and forges strategic coalitions across Indiana to build the power of those directly impacted by racial and economic injustice. We work to end gun violence and the mass criminalization of people of color, protect immigrant rights, and promote economic dignity by organizing excluded workers, people of color, youth, returning citizens, and immigrants to drive policy and resource solutions that shape their lives.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,251,436

Program Service Revenue $84,041

Investment Income $17,842

Other Revenue $2,759

TOTAL REVENUE $1,356,078

Expense Breakdown

Grants Paid $123,713

Salaries & Benefits $1,235,663

Fundraising Expenses $213,113

Program Expenses $1,683,091

Other Expenses $699,683

TOTAL EXPENSES $2,059,059

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,356,078	$1,994,565	-0.3%
Expenses	$2,059,059	$1,429,375	+0.4%
Net Income	$-702,981	$565,190	-2.2%

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

5290

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

$130,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Shoshanna Spector	Executive Dir.	50.00	Officer	$130,000	$0	$130,000
Rev Richard Willoughby	Chairman	1.00	Officer Director	$0	$0	$0
Michael Hebbler	Director	1.00	Director	$0	$0	$0
Anthony Harvey	Director	1.00	Director	$0	$0	$0
Rev Karen Staton	Director	2.00	Director	$0	$0	$0
Rebecca Go	Director	1.00	Director	$0	$0	$0
Francisco Chavez	Secretary	2.00	Officer Director	$0	$0	$0
Rev Claval Hunter	Director	1.00	Director	$0	$0	$0
Bianca Harris	Treasurer	2.00	Officer Director	$0	$0	$0
Debra Bluitt	Director	1.00	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
2023	$1,356,078	$2,059,059	$791,562	$-702,981
2022	$1,994,565	$1,429,375	$1,342,457	$565,190
2021	$943,521	$963,154	$715,826	$-19,633
2020	$1,290,614	$866,571	$707,599	$424,043
2019	$797,497	$755,908	$271,717	$41,589
2018	$957,156	$984,376	$234,344	$-27,220

Faith in Indiana