INDIGO SUPPORT CORPORATION

EIN: 842663787 501(c)(3) Philanthropy & Grantmaking

DORCHESTER, MA

Total Revenue
$596,539
Total Expenses
$788,262
Total Assets
$13,302,085
Net Assets
$2,056,753
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
MA
Principal Officer
KIMBERLY LYLE
Phone
6178254200
Tax Period
2023-01-01 to 2023-12-31

INDIGO SUPPORT CORPORATION, founded in 2019, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $597K in total revenue in fiscal year 2023. Expenses of $788K exceeded revenue, resulting in a 32% operating deficit.

Mission

THE INDIGO SUPPORT CORPORATION WAS FORMED TO SUPPORT DORCESTER BAY ECONOMIC DEVELOPMENT CORPORATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $596,539
Investment Income $0
Other Revenue $0
TOTAL REVENUE $596,539

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $788,171
Other Expenses $788,262
TOTAL EXPENSES $788,262

Year-over-Year Comparison

2023 2022 Change
Revenue $596,539 $596,539 N/A
Expenses $788,262 $615,783 +0.3%
Net Income $-191,723 $-19,244 +9.0%
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
14
Independent Members
14
Employees
N/A
Volunteers
14

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
6
$492,707
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL BLACK PRESIDENT 0.62
Officer Director
$0 $0 $0
LEIGHTON RICHARDSON VICE PRESIDENT 0.62
Officer Director
$0 $0 $0
BRIAN WELCH TREASURER 0.62
Officer Director
$0 $0 $0
LORRAINE PAYNE WHEELER CLERK 0.62
Officer Director
$0 $0 $0
PHIL HILLMAN BOARD MEMBER 0.62
Director
$0 $0 $0
MARY WALKER BOARD MEMBER 0.62
Director
$0 $0 $0
EILEEN KENNER BOARD MEMBER 0.62
Director
$0 $0 $0
ROSALYN JOHNSON BOARD MEMBER 0.62
Director
$0 $0 $0
AN DUONG BOARD MEMBER 0.62
Director
$0 $0 $0
RICKY OCHILO BOARD MEMBER 0.62
Director
$0 $0 $0
DERRICK BELLINGER BOARD MEMBER 0.62
Director
$0 $0 $0
KRISTEN HALBERT BOARD MEMBER 0.62
Director
$0 $0 $0
NAJAH WALLACE BOARD MEMBER 0.62
Director
$0 $0 $0
JOSE PEREZ BOARD MEMBER (UNTIL 1/2023) 0.62
Director
$0 $0 $0
MARIA ANDRADE BOARD MEMBER 0.62
Director
$0 $0 $0
DARYL WRIGHT BOARD MEMBER (UNTIL 12/2023) 0.62
Director
$0 $0 $0
KIMBERLY LYLE CHIEF EXECUTIVE OFFICER 9.35
Officer
$0 $39,784 $239,784
DAVID SIMMONS DIR.OF FINANCE & ADMIN(UNTIL 9/23) 9.35
Officer
$0 $51,289 $252,923
SUSAN CHU DIRECTOR OF REAL ESTATE 9.35
Highest
$0 $33,762 $188,595
PAOLA PELLETIER OZUNA CHIEF OF STAFF 9.35
Highest
$0 $44,220 $189,528
WILLIAM RIORDAN ACCOUNTING MANAGER 9.35
Highest
$0 $50,000 $178,100
REGINAULD WILLIAMS DIRECTOR OF SMALL BUSINESS 9.35
Highest
$0 $26,487 $135,809
SAMARIAH BATTS-SPELLER DIRECTOR OF PEOPLE & CULTURE 9.35
Highest
$0 $27,077 $183,827
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 No data No data No data No data
2023 $596,539 $788,262 $13,302,085 $-191,723
2022 $596,539 $615,783 $13,134,162 $-19,244
2021 $447,404 $61,483 $13,923,338 $385,921
2020 No data $164 $13,829,590 No data
2019 $1,881,969 $6 $13,266,202 $1,881,963
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