INDIANAPOLIS, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)INDIANA VETERAN INITIATIVE INC, founded in 2020, is a community nonprofit in the Public & Societal Benefit sector that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $2.3M left a modest 3% surplus.
INVETS IS AN ORGANIZATION THAT HELPS TRANSITIONING SERVICE MEMBERS, VETERANS AND THEIR FAMILIES CONNECT WITH CAREERS, RESOURCES AND COMMUNITIES IN INDIANA. RESOURCES INCLUDING INFORMATION ABOUT FINANCIAL INCENTIVES, CAREER PLANNING, EDUCATION, AND TRAINING ARE OFFERED TO HELP VETERANS AND FAMILIES TRANSITION TO THE CIVILIAN WORLD.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,334,119 | $1,813,831 | +0.3% |
| Expenses | $2,258,289 | $1,762,416 | +0.3% |
| Net Income | $75,830 | $51,415 | +0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MARVIN BLADE | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KRISTAL PAINTER | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LUIS AJU | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LEE LEWELLEN | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANNE VALENTINE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NICK DARRAH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| FIORELLA GAMBETTA-GIBSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| HEATHER ENNIS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KELLY FRIEND | BOARD MEMBER AS OF 12/24 | 1.00 |
Director
|
$0 | $0 | $0 |
| AMY HOWELL | BOARD MEMBER AS OF 4/25 | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN PAVNICA | BOARD MEMBER AS OF 4/25 | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID DOUGLASS | BOARD MEMBER THRU 04/25 | 1.00 |
Director
|
$0 | $0 | $0 |
| ELAINE BEDEL | BOARD MEMBER THRU 04/25 | 1.00 |
Director
|
$0 | $0 | $0 |
| DENNIS WIMER | BOARD MEMBER THRU 01/25 | 1.00 |
Director
|
$0 | $0 | $0 |
| BLAINE ZIMMERMAN | CEO THRU 8/9/24 | 40.00 |
Officer
|
$76,833 | $2,824 | $79,657 |
| SARAH HARRISON | CEO | 40.00 |
Officer
|
$115,585 | $10,055 | $125,640 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,334,119 | $2,258,289 | $776,164 | $75,830 |
| 2024 | $1,813,831 | $1,762,416 | $767,813 | $51,415 |
| 2023 | $1,209,321 | $1,185,575 | $606,680 | $23,746 |
| 2022 | $1,163,938 | $928,360 | $613,989 | $235,578 |
| 2021 | $373,684 | $460,680 | $249,992 | $-86,996 |
Compare INDIANA VETERAN INITIATIVE INC with other nonprofits in Indiana and across the country.