THE PETERMAN INITIATIVE LTD

EIN: 873520846 501(c)(3) Public & Societal Benefit

INDIANAPOLIS, IN

Total Revenue
$14,138
Total Expenses
$59,410
Total Assets
$353,780
Net Assets
$353,775
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
IN
Principal Officer
STANLEY M PETERMAN JR
Phone
3177146036
Tax Period
2023-01-01 to 2023-12-31

THE PETERMAN INITIATIVE LTD, founded in 2021, is a micro nonprofit in the Public & Societal Benefit sector that reported $14K in total revenue in fiscal year 2023. Revenue fell 89% from the prior year — a significant decline worth monitoring. Expenses of $59K exceeded revenue, resulting in a 320% operating deficit.

Mission

TO PROVIDE CHARITABLE SUPPORT TO MILITARY VETERANS, FIRST RESPONDERS, AND TO CAUSES PROMOTING EDUCATION AND RELIGION.

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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 $10,168
Program Service Revenue $0
Investment Income $3,970
Other Revenue $0
TOTAL REVENUE $14,138

Expense Breakdown

Grants Paid $53,421
Salaries & Benefits $0
Fundraising Expenses $410
Program Expenses $53,421
Other Expenses $5,989
TOTAL EXPENSES $59,410

Year-over-Year Comparison

2023 2022 Change
Revenue $14,138 $129,776 -0.9%
Expenses $59,410 $24,230 +1.5%
Net Income $-45,272 $105,546 -1.4%
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
3
Independent Members
3
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STANLEY M PETERMAN DIRECTOR 0.50
Director
$0 $0 $0
ELIZABETH M PETERMAN DIRECTOR 0.50
Director
$0 $0 $0
TRACY WOOD DIRECTOR 0.50
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
2024 No data No data No data No data
2023 $14,138 $59,410 $353,780 $-45,272
2022 $129,776 $24,230 $399,047 $105,546
2021 $296,645 No data $293,501 No data
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