INDY PUBLIC SAFETY FOUNDATION

EIN: 462975046 501(c)(3) Public Safety

INDIANAPOLIS, IN

Total Revenue
$4,384,537
Total Expenses
$5,829,582
Total Assets
$448,482
Net Assets
$-180,052
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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
2013
Legal Domicile
IN
Principal Officer
DANE NUTTY
Tax Period
2023-01-01 to 2023-12-31

INDY PUBLIC SAFETY FOUNDATION, founded in 2013, is a community nonprofit in the Public Safety sector that reported $4.4M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $5.8M exceeded revenue, resulting in a 33% operating deficit.

Mission

THE MISSION OF IPSF IS TO ENHANCE THE PUBLIC SAFETY AND QUALITY OF LIFE IN 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,345,561
Program Service Revenue $114,037
Investment Income $0
Other Revenue $-75,061
TOTAL REVENUE $4,384,537

Expense Breakdown

Grants Paid $0
Salaries & Benefits $302,246
Fundraising Expenses $181,679
Program Expenses $5,440,603
Other Expenses $5,527,336
TOTAL EXPENSES $5,829,582

Year-over-Year Comparison

2023 2022 Change
Revenue $4,384,537 $3,671,653 +0.2%
Expenses $5,829,582 $3,026,790 +0.9%
Net Income $-1,445,045 $644,863 -3.2%
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

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Governance

Voting Members
30
Independent Members
30
Employees
21
Volunteers
10

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
$82,375
Total Directors
31
$82,375
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANE NUTTY EXECUTIVE DIRECTOR 40.00
Officer Director
$82,375 $0 $82,375
DOUG BOLES BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD ELLERY BOARD MEMBER 1.00
Director
$0 $0 $0
JIM ZINK BOARD MEMBER 1.00
Director
$0 $0 $0
RICK WITTGREN BOARD MEMBER 1.00
Director
$0 $0 $0
TANYA SEARCY BOARD MEMBER 1.00
Director
$0 $0 $0
JEFFREY WALTERS BOARD MEMBER 1.00
Director
$0 $0 $0
TAMARA WINFREY HARRIS BOARD MEMBER 1.00
Director
$0 $0 $0
DR DAN ODONNELL BOARD MEMBER EX-OFFICIO NON- 1.00
Director
$0 $0 $0
JIM SORGI BOARD MEMBER 1.00
Director
$0 $0 $0
LORI HAZLETT BOARD MEMBER EX-OFFICIO NON- 1.00
Director
$0 $0 $0
LAUREN RODRIGUEZ BOARD MEMBER EX-OFFICIO NON- 1.00
Director
$0 $0 $0
CHRIS GOLIGHTLY BOARD MEMBER 1.00
Director
$0 $0 $0
RANDALL TAYLOR BOARD MEMBER EX-OFFICIO NON- 1.00
Director
$0 $0 $0
GAIL DENT BOARD MEMBER 1.00
Director
$0 $0 $0
HEATHER FORTUNE BOARD MEMBER 1.00
Director
$0 $0 $0
NICHOLAS BALL BOARD MEMBER EMERITUS 1.00
Director
$0 $0 $0
RICK FUSON BOARD MEMBER 1.00
Director
$0 $0 $0
MELISSA PROFFITT BOARD MEMBER EMERITUS 1.00
Director
$0 $0 $0
JOHN MYRLAND BOARD MEMBER EMERITUS 1.00
Director
$0 $0 $0
DAYTON MOLENDORP BOARD MEMBER EMERITUS 1.00
Director
$0 $0 $0
FRED GREEN BOARD MEMBER 1.00
Director
$0 $0 $0
ERNEST V MALONE BOARD MEMBER EX-OFFICIO NON- 1.00
Director
$0 $0 $0
MARK MCALISTER BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPH ROBINSON BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID LEWIS BOARD MEMBER 1.00
Director
$0 $0 $0
JERRY JONES BOARD MEMBER 1.00
Director
$0 $0 $0
NICHOLE WILSON BOARD PAST CHAIR 1.00
Officer Director
$0 $0 $0
BOB GATTO BOARD VICE CHAIRTREASURER 2.00
Officer Director
$0 $0 $0
JEFF HARRISON BOARD CHAIR 4.00
Officer Director
$0 $0 $0
MIKE DILTS BOARD SECRETARY 2.00
Officer 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 No data No data No data No data
2023 $4,384,537 $5,829,582 $448,482 $-1,445,045
2021 $1,554,276 $1,594,150 $666,590 $-39,874
2020 $1,033,788 $983,875 $709,843 $49,913
2019 $771,877 $616,390 $619,644 $155,487
2018 $549,054 $518,703 $492,654 $30,351
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