FRIENDS OF INDIAN LAKE PENINSULA

EIN: 824307209 501(c)(3) Philanthropy & Grantmaking

HENDERSONVILLE, TN

Total Revenue
$1,320
Total Expenses
$24,323
Total Assets
$1,147,240
Net Assets
$1,065,936
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
TN
Principal Officer
JEFF CUNDIFF
Phone
6152591373
Tax Period
2025-01-01 to 2025-12-31

FRIENDS OF INDIAN LAKE PENINSULA, founded in 2018, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $1K in total revenue in fiscal year 2025. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $24K exceeded revenue, resulting in a 1743% operating deficit.

Mission

FRIENDS OF INDIAN LAKE PENINSULA IS DEDICATED TO THE PRESERVATION, PROTECTION, AND STEWARDSHIP OF GREEN SPACE FOR ITS USE AS PASSIVE PARKS IN THE CITY OF HENDERSONVILLE, TN. IT WORKS TO PROTECT THE NATURAL AND HISTORICAL INTEGRITY OF THE AREA BY SUPPORTING PUBLIC ACCESS, MAINTAINING AND ENHANCING ITS FEATURES AND EXPANDIONG ITS LEGACY FOR FUTURE GENERATIONS. WE HAVE ACCOMPLISHED THE FIRST GOAL OF OUR MISSION, WHICH IS TO BUY HALF OF THE 73 ACRES AND CONVINCE THE CITY TO PURCHASE THE OTHER HALF FOR THE DEVELOPMENT OF A PASSIVE PARK. THE PURPOSE OF OUR ORGANIZATION AT THIS POINT IS TO PROVIDE FUNDING THROUGH GRANTS AND DONATIONS FOR IMPROVEMENTS TO THE LAND THAT WILL ALLOW THE COMMUNITY TO SAFELY ACCESS ALL 73 ACRES TO PROVIDE EDUCATIONAL AND HEALTHY LIFESTYLE OPPORTUNITIES FOR YOUNG AND OLD.

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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 (2025)

Revenue Breakdown

Contributions & Grants $970
Program Service Revenue $0
Investment Income $0
Other Revenue $350
TOTAL REVENUE $1,320

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $996
Other Expenses $24,323
TOTAL EXPENSES $24,323

Year-over-Year Comparison

2025 2024 Change
Revenue $1,320 $4,550 -0.7%
Expenses $24,323 $5,397 +3.5%
Net Income $-23,003 $-847 +26.2%
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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Governance

Voting Members
8
Independent Members
8
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
2
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIMMY BATTEN DIRECTOR 1.50
Director
$0 $0 $0
JEFF CUNDIFF CHAIRMAN 1.50
Director
$0 $0 $0
JEREMY KREJCI COMMUNICATIO 1.50
Director
$0 $0 $0
AMY MCGRADY TREASURER 1.50
Officer Director
$0 $0 $0
KELSEY MCMANUS SECRETARY 1.50
Officer Director
$0 $0 $0
BETSY MCMULLEN DIRECTOR 1.50
Director
$0 $0 $0
MICHAEL SANDS DIRECTOR 1.50
Director
$0 $0 $0
MARK THELEN DIRECTOR 1.50
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 $1,320 $24,323 $1,147,240 $-23,003
2024 $4,550 $5,397 $1,088,939 $-847
2023 $5,712 $4,907 $1,089,786 $805
2022 $43,644 $7,718 $1,088,981 $35,926
2021 $32,665 $27,792 $1,053,055 $4,873
2020 $36,475 $39,043 $1,048,182 $-2,568
2019 $49,497 $53,682 $1,050,750 $-4,185
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