INDIANA COOPERATIVE DEVELOPMENT CE… - Form 990 Financial Data

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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

2006

Legal Domicile

Principal Officer

DEBBIE TROCHA

Phone

3176927707

Tax Period

2023-01-01 to 2023-12-31

INDIANA COOPERATIVE DEVELOPMENT CENTER, founded in 2006, is a small nonprofit in the Community Improvement sector that reported $397K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $476K exceeded revenue, resulting in a 20% operating deficit.

Mission

TO PROMOTE AND DEVELOP COOPERATIVES AND COLLABORATIVE BUSINESS ENTERPRISES TO MEET INDIANA'S ECONOMIC AND COMMUNITY NEEDS.

Program Service Accomplishments

Program 1

Expenses: $352,593 Revenue: $118,587

PROVIDES TECHNICAL ASSISTANCE, WORKSHOPS, AND SEMINARS TO COOPERATIVES AND COLLABORATIVE GROUPS TO MEET INDIANA'S ECONOMIC AND COMMUNITY NEEDS.

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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 $278,395

Program Service Revenue $118,587

Investment Income $0

Other Revenue $0

TOTAL REVENUE $396,982

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $352,593

Other Expenses $473,908

TOTAL EXPENSES $475,908

Year-over-Year Comparison

	2023	2022	Change
Revenue	$396,982	$453,390	-0.1%
Expenses	$475,908	$441,187	+0.1%
Net Income	$-78,926	$12,203	-7.5%

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

$131,559

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBBIE TROCHA	EXECUTIVE DI	40.00	Director	$131,559	$0	$131,559
JANE ELLERY TERM DATE 122023	SECRETARY	1.00	Officer Director	$0	$0	$0
COLETTE CHILDRESS	DIRECTOR	1.00	Director	$0	$0	$0
JEREMY FETTY	PRESIDENT	1.00	Officer Director	$0	$0	$0
LEE LEWELLEN	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
KAREN MADRY	DIRECTOR	1.00	Director	$0	$0	$0
LOUIS MCINTIRE	TREASURER	1.00	Officer Director	$0	$0	$0
KAY NEIDLINGER	DIRECTOR	1.00	Director	$0	$0	$0
JEFF PIPKIN	DIRECTOR	1.00	Director	$0	$0	$0
DEBBIE TURNER	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
2024	No data	No data	No data	No data
2023	$396,982	$475,908	$286,018	$-78,926
2022	$453,390	$441,187	$327,220	$12,203
2021	$345,491	$334,855	$313,180	$10,636
2020	$322,752	$313,132	$291,103	$9,620
2019	$302,117	$312,657	$280,504	$-10,540
2018	$325,692	$313,793	$297,971	$11,899

INDIANA COOPERATIVE DEVELOPMENT CENTER