MIDTOWN INDIANAPOLIS INC (EIN 800228952) - 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

2007

Legal Domicile

Principal Officer

RACHEL DICKERSON

Phone

3176003141

Tax Period

2023-01-01 to 2023-12-31

MIDTOWN INDIANAPOLIS INC, founded in 2007, is a small nonprofit in the Community Improvement sector that reported $432K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $72K, a strong 17% operating margin.

Mission

MIDTOWN INDY IS A COMMUNITY SERVICE CORPORATION COMMITTED TO ADVANCING THE QUALITY OF LIFE AND ECONOMIC VITALITY OF INDIANAPOLIS' MIDTOWN NEIGHBORHOODS.

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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 $265,470

Program Service Revenue $0

Investment Income $962

Other Revenue $165,230

TOTAL REVENUE $431,662

Expense Breakdown

Grants Paid $19,887

Salaries & Benefits $184,953

Fundraising Expenses $39,067

Program Expenses $219,100

Other Expenses $155,281

TOTAL EXPENSES $360,121

Year-over-Year Comparison

	2023	2022	Change
Revenue	$431,662	$392,714	+0.1%
Expenses	$360,121	$405,573	-0.1%
Net Income	$71,541	$-12,859	-6.6%

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

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

$95,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN HALEY	DIRECTOR	5.00	Director	$0	$0	$0
EVA MARQUEZ	PRESIDENT	10.00	Officer Director	$0	$0	$0
MATT MINDRUM	PAST PRESIDENT	20.00	Officer Director	$0	$0	$0
RICHARD MCCORD	DIRECTOR	5.00	Director	$0	$0	$0
CARLOS SOSA	DIRECTOR	5.00	Director	$0	$0	$0
JENNIFER PYRZ	SECRETARY	5.00	Officer Director	$0	$0	$0
BRIAN PARKS	DIRECTOR	5.00	Director	$0	$0	$0
ERIC ARMSTRONG	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
BRANDON POWELL	DIRECTOR	5.00	Director	$0	$0	$0
MICHAEL LOFTON	DIRECTOR	5.00	Director	$0	$0	$0
ANNIE CARUSO	DIRECTOR	5.00	Director	$0	$0	$0
MARK FISHER	DIRECTOR	5.00	Director	$0	$0	$0
EBONY CARTER	DIRECTOR	5.00	Director	$0	$0	$0
KRISTEN DEVINE	TREASURER	5.00	Officer Director	$0	$0	$0
RACHEL DICKERSON	EXECUTIVE DIR.	40.00	Officer Director	$0	$0	$0
MICHAEL MCKILLIP	FORMER EXECUTIVE DIR.	40.00	Officer	$95,000	$0	$95,000

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	$431,662	$360,121	$837,082	$71,541
2022	$202,697	$307,712	$773,426	$-105,015
2022	$392,714	$405,573	$773,426	$-12,859
2021	$617,237	$259,133	$559,223	$358,104
2020	$171,163	$221,378	$904,600	$-50,215
2019	$35,788	$82,217	$1,043,260	$-46,429
2018	$78,473	$382,748	$884,476	$-304,275

MIDTOWN INDIANAPOLIS INC