NORTHEND PROPERTIES INC

EIN: 821547582 501(c)(3) Community Improvement

LAFAYETTE, IN

Total Revenue
$13,466,277
Total Expenses
$4,121,041
Total Assets
$10,635,000
Net Assets
$10,635,000
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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
ROSS REEDER
Phone
7654481986
Tax Period
2024-07-01 to 2025-06-30

NORTHEND PROPERTIES INC, founded in 2017, is a mid-sized nonprofit in the Community Improvement sector that reported $13.5M in total revenue in fiscal year 2024. Revenue surged 1663% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.3M, a strong 69% operating margin.

Mission

THE CORPORATION IS A SUPPORTING ORGANIZATION OF FAITH CHURCH OF LAFAYETTE, INC; IS ORGANIZED AND WILL BE OPERATED AT ALL TIMES EXCLUSIVELY FOR THE BENEFIT OF FAITH CHURCH OF LAFAYETTE, INC., AND WILL DISTRIBUTE ANY INCOME IT RECEIVES, LESS ANY REQUIRED PAYMENTS FOR DEBT SERVICE, RESERVES, AND EXPENSES TO FAITH CHURCH OF LAFAYETTE, INC. THE CORPORATION ALSO COOPERATES WITH FAITH COMMUNITY DEVELOPMENT CORPORATION AND GOVERNMENTS TO REVITALIZE DISTRESSED NEIGHBORHOODS, ENCOURAGE GROWTH,ECONOMIC DEVELOPMENT, COMMUNITY DEVELOPMENT AND STABILITY IN THE GREATER LAFAYETTE, INDIANA AREA, AND TO STABILIZE AND ENHANCE AND SERVE LOW AND MODERATE-INCOME NEIGHBORHOODS THERE.

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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 $0
Program Service Revenue $0
Investment Income $23
Other Revenue $13,466,254
TOTAL REVENUE $13,466,277

Expense Breakdown

Grants Paid $356,769
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,120,905
Other Expenses $3,764,272
TOTAL EXPENSES $4,121,041

Year-over-Year Comparison

2024 2023 Change
Revenue $13,466,277 $763,695 +16.6%
Expenses $4,121,041 $578,302 +6.1%
Net Income $9,345,236 $185,393 +49.4%
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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
3
$389,730
Total Directors
5
$491,520
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATT WESTHUIS CFO/VICE PRE 0.00
Officer Director
$0 $35,697 $160,154
SCOTT GRASS SECRETARY/TR 0.50
Officer Director
$0 $53,718 $131,250
ALFONSO GOMEZ DIRECTOR 0.50
Director
$0 $70,645 $101,790
ROSS REEDER PRESIDENT 0.50
Officer Director
$0 $70,181 $98,326
DEBRA COLWELL DIRECTOR 0.50
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
2025 $13,466,277 $4,121,041 $10,635,000 $9,345,236
2024 No data No data No data No data
2023 $734,797 $596,706 $14,980,558 $138,091
2022 $733,265 $612,740 $14,842,468 $120,525
2021 $734,335 $612,657 $14,721,942 $121,678
2020 $734,673 $650,410 $14,600,266 $84,263
2019 $741,379 $615,574 $14,516,002 $125,805
2018 $232,606 $196,342 $15,025,530 $36,264
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