HOOSIER ACTION RESOURCE CENTER INC (EIN 834091031) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

KATHERINE HESS PACE

Phone

8127270392

Tax Period

2024-01-01 to 2024-12-31

HOOSIER ACTION RESOURCE CENTER INC, founded in 2019, is a community nonprofit in the Civil Rights & Advocacy sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $453K, a strong 33% operating margin.

Mission

TO CULTIVATE COMMUNITY LEADERS AND COLLABORATIVE SOLUTIONS TO ADDRESS LOCAL CHALLENGES, PROMOTING WELL-BEING AND SUSTAINABLE DEVELOPMENT FOR ALL.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,348,808

Program Service Revenue $10,006

Investment Income $24,618

Other Revenue $0

TOTAL REVENUE $1,383,432

Expense Breakdown

Grants Paid $728,947

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $930,063

Other Expenses $201,740

TOTAL EXPENSES $930,687

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,383,432	$1,105,924	+0.3%
Expenses	$930,687	$621,124	+0.5%
Net Income	$452,745	$484,800	-0.1%

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

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHERINE HESS PACE	Executive Dir.	10.00	Officer Director	$0	$0	$0
GRANT STEVENSON	ADMINISTRATOR	2.00	Director	$0	$0	$0
JON WUNROW	Chairman	2.00	Officer Director	$0	$0	$0
KATE GOLDSTEIN	Secretary	2.00	Officer Director	$0	$0	$0
DENNIS DAVOREN	Treasurer	2.00	Officer 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	No data	No data	No data	No data
2024	$1,383,432	$930,687	$1,081,457	$452,745
2023	$1,105,924	$621,124	$618,161	$484,800
2022	$761,642	$1,073,785	$161,154	$-312,143
2021	$675,088	$561,641	$473,149	$113,447
2020	$343,700	$45,086	$343,614	$298,614

HOOSIER ACTION RESOURCE CENTER INC