Dimension Mill INC

EIN: 823745526 501(c)(3) Community Improvement

Bloomington, IN

Total Revenue
$2,176,927
Total Expenses
$2,463,358
Total Assets
$2,741,462
Net Assets
$-346,942
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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
John Fernandez
Phone
3179652155
Tax Period
2024-01-01 to 2024-12-31

Dimension Mill INC, founded in 2017, is a community nonprofit in the Community Improvement sector that reported $2.2M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $2.5M exceeded revenue, resulting in a 13% operating deficit.

Mission

The Mill's mission is to build and nurture Bloomington's startup ecosystem. The Mill's vision is to become the center of tech entrepeneurship in Indiana.

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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 $847,275
Program Service Revenue $1,304,868
Investment Income $23,882
Other Revenue $902
TOTAL REVENUE $2,176,927

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,398,736
Fundraising Expenses $198,082
Program Expenses $1,689,743
Other Expenses $1,064,622
TOTAL EXPENSES $2,463,358

Year-over-Year Comparison

2024 2023 Change
Revenue $2,176,927 $1,918,298 +0.1%
Expenses $2,463,358 $2,017,512 +0.2%
Net Income $-286,431 $-99,214 +1.9%
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
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
4
$0
Total Directors
23
$21,572
Key Employees
2
$396,176
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Karin St John Board Member 2.00
Director
$0 $0 $0
Ravi Bhatt Chair 2.00
Officer Director
$0 $0 $0
Cindy Kinnarney Treasurer 2.00
Officer Director
$0 $0 $0
Beka Mech Vice Chair 2.00
Officer Director
$0 $0 $0
Michelle Cole Board Member 2.00
Director
$21,572 $0 $21,572
Jeana Finlinson Board Member 2.00
Director
$0 $0 $0
Nate Lattimer Secretary 2.00
Officer Director
$0 $0 $0
Chelsea Linder Board Member 2.00
Director
$0 $0 $0
Donald Lukes Board Member 2.00
Director
$0 $0 $0
Jen Pearl Board Member 2.00
Director
$0 $0 $0
Tina Peterson Board Member 2.00
Director
$0 $0 $0
Brooke Pyne Board Member 2.00
Director
$0 $0 $0
Rahul Shrivastav Board Member 2.00
Director
$0 $0 $0
Eli Serrano Board Member 2.00
Director
$0 $0 $0
Ben Swanson Board Member 2.00
Director
$0 $0 $0
Kerry Thomson Board Member 2.00
Director
$0 $0 $0
Mike Trotzke Board Member 2.00
Director
$0 $0 $0
Derek Whitley Board Member 2.00
Director
$0 $0 $0
Jason Whitney Board Member 2.00
Director
$0 $0 $0
Darrian Mikell Board Member 2.00
Director
$0 $0 $0
Shaun McDermott Board Member 2.00
Director
$0 $0 $0
Drushya Musham Board Member 2.00
Director
$0 $0 $0
Erik Coyne Board Member 2.00
Director
$0 $0 $0
Pat East Past Executive Dir. 40.00
Key Emp
$157,668 $26,520 $184,188
John Fernandez CEO & Past Senior VP 40.00
Key Emp
$185,468 $26,520 $211,988
Anne McCombe Board Member 2.00
$22,425 $0 $22,425
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 $2,176,927 $2,463,358 $2,741,462 $-286,431
2023 $1,918,298 $2,017,512 $2,188,013 $-99,214
2022 $1,279,893 $1,759,366 $1,860,065 $-479,473
2021 $956,907 $1,247,505 $1,112,801 $-290,598
2020 $762,756 $1,141,304 $657,870 $-378,548
2019 $565,041 $619,701 $540,606 $-54,660
2018 $811,887 $151,874 $1,074,908 $660,013
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