UNITE INDY INC

EIN: 814675693 501(c)(3) Religion

INDIANAPOLIS, IN

Total Revenue
$975,064
Total Expenses
$954,114
Total Assets
$554,983
Net Assets
$150,581
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
IN
Principal Officer
JAMES R COTTERILL
Phone
3174574300
Tax Period
2024-01-01 to 2024-12-31

UNITE INDY INC, founded in 2017, is a small nonprofit in the Religion sector that reported $975K in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring.

Mission

TO REDUCE RECIDIVISM AND REBUILD LIVES THROUGH THE DIGNITY OF WORK.

Program Service Accomplishments

Program 1
Expenses: $912,152 Revenue: $0

TRANSPORTAIONWE HELP THEIR TRANSITION BY PROVIDING TRANSPORTATION IN 15-PASSENGER VANS FOR AS LONG AS THEY NEED A RIDE TO AND FROM WORK.TRAININGWE PROVIDE A JOB PREPARATION TRAINING COURSE TO THOSE...

Read more

TRANSPORTAIONWE HELP THEIR TRANSITION BY PROVIDING TRANSPORTATION IN 15-PASSENGER VANS FOR AS LONG AS THEY NEED A RIDE TO AND FROM WORK.TRAININGWE PROVIDE A JOB PREPARATION TRAINING COURSE TO THOSE PREPARING FOR RELEASE FROM LONG TERM INCARCERATION AND WE ASSIGN A CHAMPION (MENTOR) TO WALK ALONGSIDE EACH.CONNECTINGWE CONNECT OUR GRADUATES TO EMPLOYERS WILLING TO OFFER SECOND CHANCES DIRECTLY THROUGH OUR CHAMPIONS AS WELL AS VIA OUR WEBSITE, 2NDCHANCEIN.COM. WE ALSO MAKE THE WEBSITE AVAILABLE TO OTHERS WITH CRIMINAL RECORDS SO THAT THEY CAN CONDUCT JOB SEARCHES AND APPLY ONLINE. AND, WE ADDRESS THE NO. 1 OBSTACLE TO KEEPING A JOB - THE LACK OF AFFORDABLE, DEPENDABLE TRANSPORTATION - BY PROVIDING TRANSPORTATION AT NO CHARGE TO AND FROM WORK ON A DAILY BASIS.EMPOWERINGTHROUGH OUR CHAMPIONS AND 24/7 ACCESS TO OUR NETWORK OF WRAP AROUND SERVICE PROVIDERS, WE ENABLE EX-OFFENDERS TO EVENTUALLY CHART THEIR OWN COURSE FOR A SUCCESSFUL LIFE.RAISING AWARENESSWE WORK TO RAISE AWARENESS OF THE NEEDS OF THOSE IN OUR COMMUNITY THROUGH PRINT, BROADCAST, AND SOCIAL MEDIA. WE BELIEVE THAT HUMANS ARE BORN HARD-WIRED TO BE COMPASSIONATE AND GENEROUS, BUT TOO OFTEN WE'RE INNOCENTLY IGNORANT OF THE NEEDS OF OUR OWN NEIGHBORS. AND, WE BELIEVE THAT, ONCE THESE NEEDS ARE BROUGHT TO OUR ATTENTION, THE COMMUNITY WILL SPRING INTO ACTION TO MAKE A DIFFERENCE TOGETHER.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $974,063
Program Service Revenue $0
Investment Income $1,001
Other Revenue $0
TOTAL REVENUE $975,064

Expense Breakdown

Grants Paid $0
Salaries & Benefits $308,030
Fundraising Expenses $0
Program Expenses $912,152
Other Expenses $646,084
TOTAL EXPENSES $954,114

Year-over-Year Comparison

2024 2023 Change
Revenue $975,064 $1,600,514 -0.4%
Expenses $954,114 $1,477,463 -0.4%
Net Income $20,950 $123,051 -0.8%
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

Sign In

Governance

Voting Members
3
Independent Members
2
Employees
10
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
5
$120,832
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY SMITH CHAIRMAN 2.00
Officer Director
$0 $0 $0
JAMES COTTERILL PRESIDENT 60.00
Officer Director
$0 $0 $0
MICHAEL HOYT SECRETARY 2.00
Officer Director
$0 $0 $0
NANCY COTERRILL EXECUTIVE VICE PRESIDENT 40.00
Officer
$62,916 $0 $62,916
ROBERT WHITING VICE PRESIDENT 40.00
Officer
$57,916 $0 $57,916
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 $975,064 $954,114 $554,983 $20,950
2023 $1,600,514 $1,477,463 $631,203 $123,051
2022 $1,073,217 $1,022,281 $749,735 $50,936
2021 $207,821 $216,477 $39,549 $-8,656
2020 $138,599 $149,219 $12,067 $-10,620
2019 $144,744 $150,451 $11,095 $-5,707
2018 $144,173 $157,809 $7,056 $-13,636
Explore More Nonprofits
Top 100 Nonprofits in Indiana Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare UNITE INDY INC with other nonprofits in Indiana and across the country.