FRIENDS OF THE TOWN CLOCK CHURCH INC

EIN: 813374310 501(c)(3) Arts, Culture & Humanities

NEW ALBANY, IN

Total Revenue
$98,046
Total Expenses
$66,037
Total Assets
$377,077
Net Assets
$377,077
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
IN
Principal Officer
JERRY K FINN
Phone
8129454332
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF THE TOWN CLOCK CHURCH INC, founded in 2017, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $98K in total revenue in fiscal year 2024. Revenue surged 165% from the prior year, signaling strong growth momentum. The organization ran a surplus of $32K, a strong 33% operating margin.

Mission

TO ENSURE THE TOWN CLOCK CHURCH IS MAINTAINED AND REMAINS A VIABLE COMMUNITY ASSET.

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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 (2024)

Revenue Breakdown

Contributions & Grants $93,355
Program Service Revenue $0
Investment Income $4,691
Other Revenue $0
TOTAL REVENUE $98,046

Expense Breakdown

Grants Paid $63,542
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $66,037
Other Expenses $2,495
TOTAL EXPENSES $66,037

Year-over-Year Comparison

2024 2023 Change
Revenue $98,046 $37,044 +1.6%
Expenses $66,037 $10,523 +5.3%
Net Income $32,009 $26,521 +0.2%
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
22
Independent Members
22
Employees
N/A
Volunteers
25

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
4
$0
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALICE MILES CHAIRPERSON 1.00
Officer Director
$0 $0 $0
SHAWN CARRUTHERS VICE CHAIR 1.00
Officer Director
$0 $0 $0
JERRY FINN TREASURER 1.00
Officer Director
$0 $0 $0
KIMBERLY GOODE SECRETARY 1.00
Officer Director
$0 $0 $0
CHANCEA ROBERTS ADVISOR 1.00
Director
$0 $0 $0
JERROL MILES ADVISOR 1.00
Director
$0 $0 $0
JUDGE TERRENCE CODY ADVISOR 1.00
Director
$0 $0 $0
JACK HOLT ADVISOR 1.00
Director
$0 $0 $0
JOYCE MARSHALL ADVISOR 1.00
Director
$0 $0 $0
DAVID BARKSDALE ADVISOR 1.00
Director
$0 $0 $0
IRV STUMLER ADVISOR 1.00
Director
$0 $0 $0
MARCIA BOOKER ADVISOR 1.00
Director
$0 $0 $0
ERICA LAWRENCE ADVISOR 1.00
Director
$0 $0 $0
TYLER STEWART ADVISOR 1.00
Director
$0 $0 $0
CHRIS MILES ADVISOR 1.00
Director
$0 $0 $0
JAMES WILKERSON ADVISOR 1.00
Director
$0 $0 $0
PAT HARRISON ADVISOR 1.00
Director
$0 $0 $0
REV LEROY MARSHALL ADVISOR 1.00
Director
$0 $0 $0
MONICA HERN ADVISOR 1.00
Director
$0 $0 $0
PAM PETERS COMMUNITY VOLUNTEER 1.00
Director
$0 $0 $0
MICHAEL STEWART ADVISOR 1.00
Director
$0 $0 $0
KATHY WILKERSON PROGRAM 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 $98,046 $66,037 $377,077 $32,009
2023 $37,044 $10,523 $345,068 $26,521
2022 $62,221 $6,253 $318,547 $55,968
2021 $227,532 $26,043 $262,579 $201,489
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