Friends of Belmont Beach Inc

EIN: 881563007 501(c)(3) Public & Societal Benefit

Indianapolis, IN

Total Revenue
$211,523
Total Expenses
$11,452
Total Assets
$202,573
Net Assets
$202,573
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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

Legal Domicile
IN
Principal Officer
EBONY CHAPPEL
Phone
3174131239
Tax Period
2023-01-01 to 2023-12-31

Friends of Belmont Beach Inc is a small nonprofit in the Public & Societal Benefit sector that reported $212K in total revenue in fiscal year 2023. Revenue surged 5293% from the prior year, signaling strong growth momentum. The organization ran a surplus of $200K, a strong 95% operating margin.

Mission

A grassroots Haughville community initiative to reclaim the story of a segregated swimming hole along the White River in Indianapolis

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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 $211,522
Program Service Revenue $0
Investment Income $1
Other Revenue $0
TOTAL REVENUE $211,523

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $11,452
Other Expenses $11,452
TOTAL EXPENSES $11,452

Year-over-Year Comparison

2023 2022 Change
Revenue $211,523 $3,922 +52.9%
Expenses $11,452 $2,421 +3.7%
Net Income $200,071 $1,501 +132.3%
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
11
Independent Members
11
Employees
N/A
Volunteers
102

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
11
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TEDDRICK HARDY President 10.00
Officer Director
$0 $0 $0
BRENT ALDRICH Board Member 2.000
Officer
$0 $0 $0
ASHLEY BRIDGES Board Member 2.000
Officer
$0 $0 $0
JENNIFER TORNATTA Board Member 2.000
Officer
$0 $0 $0
KELLY BROWN Secretary 2.000
Officer
$0 $0 $0
MARTINA JACKSON Board Member 2.000
Officer
$0 $0 $0
TIERRA BUSH Board Member 2.000
Officer
$0 $0 $0
GREG HARGER Board Member 2.000
Officer
$0 $0 $0
DEVANTE HARDY Treasurer 5.000
Officer
$0 $0 $0
SYMONE EALY Board Member 2.000
Officer
$0 $0 $0
ERIC WASHINGTON Vice President 2.000
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 No data No data No data No data
2023 $211,523 $11,452 $202,573 $200,071
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