INDIANA PROGRESSIVE COLLABORATIVE INC

EIN: 873818827 Civil Rights & Advocacy

INDIANAPOLIS, IN

Total Revenue
$647,307
Total Expenses
$364,656
Total Assets
$943,384
Net Assets
$915,915
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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
2021
Legal Domicile
IN
Principal Officer
RIMA SHAHID
Phone
3173088910
Tax Period
2024-01-01 to 2024-12-31

INDIANA PROGRESSIVE COLLABORATIVE INC, founded in 2021, is a small nonprofit in the Civil Rights & Advocacy sector that reported $647K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $283K, a strong 44% operating margin.

Mission

THE PROMOTION OF A HEALTHY DEMOCRACY THROUGH RESEARCH, ENGAGEMENT AND EDUCATION OF THE CITIZENS OF INDIANA ABOUT THE POSITIONS OF PUBLIC OFFICIALS, LEGISLATIVE BILLS, AND PROPOSED LEGISLATIVE ACTION ON ISSUES RELATED TO A HEALTHY DEMOCRACY, EDUCATION, THE ENVIRONMENT, ECONOMIC JUSTICE, AND HUMAN RIGHTS. THE ORGANIZATION'S EXEMPT PURPOSE INCLUDES ENCOURAGING INCREASED CIVIC PARTICIPATION BY THE CITIZENS OF INDIANA THROUGH EDUCATION AND TRAINING ON LEGISLATIVE SKILLS, ELECTORAL SKILLS, AND CITIZEN INVOLVEMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $645,427
Program Service Revenue $0
Investment Income $1,880
Other Revenue $0
TOTAL REVENUE $647,307

Expense Breakdown

Grants Paid $232,734
Salaries & Benefits $78,967
Fundraising Expenses $1,797
Program Expenses $362,859
Other Expenses $52,955
TOTAL EXPENSES $364,656

Year-over-Year Comparison

2024 2023 Change
Revenue $647,307 $778,984 -0.2%
Expenses $364,656 $401,514 -0.1%
Net Income $282,651 $377,470 -0.3%
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
7
Independent Members
7
Employees
3
Volunteers
3

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
8
$172,745
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILL LAWSON SECRETARY 10.00
Officer Director
$0 $0 $0
TOM HIATT TREASURER 10.00
Officer Director
$0 $0 $0
MICHAEL CARTER BOARD PRESIDENT 10.00
Officer Director
$0 $0 $0
RIMA SHAHID EXECUTIVE DIRECTOR 40.00
Officer
$157,667 $15,078 $172,745
KATHY DAVIS BOARD MEMBER 5.00
Officer
$0 $0 $0
DIANA RAITT BOARD MEMBER 5.00
Officer
$0 $0 $0
TODD CONNOR BOARD MEMBER 5.00
Officer
$0 $0 $0
GREG EATON BOARD MEMBER 5.00
Officer
$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 $647,307 $364,656 $943,384 $282,651
2023 $778,984 $401,514 $631,861 $377,470
2022 $368,402 $273,248 $253,891 $95,154
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