INDIANA CONSERVATION VOTERS

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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

2022

Legal Domicile

Principal Officer

CHRIS CHYUNG

Phone

5732894993

Tax Period

2023-01-01 to 2023-12-31

INDIANA CONSERVATION VOTERS, founded in 2022, is a small nonprofit that reported $586K in total revenue in fiscal year 2023. The organization ran a surplus of $464K, a strong 79% operating margin.

Mission

ICV ENSURES INDIANA'S ELECTED OFFICIALS ARE ACCOUNTABLE TO HOOSIERS WHO ALL DESERVE CLEAN ENERGY, CLEAN WATER AND CLEAN AIR.

Program Service Accomplishments

Program 1

Expenses: $75,049

WE HAVE EDUCATED INDIANA LEGISLATORS ON THE ECONOMIC BENEFITS OF PFAS REGULATIONS, COMMUNITY SOLAR PROGRAMS, AND CLEAN ENERGY SITING REFORM LAW.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $586,245

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $586,245

Expense Breakdown

Grants Paid $20,000

Salaries & Benefits $51,327

Fundraising Expenses $1,762

Program Expenses $75,049

Other Expenses $51,085

TOTAL EXPENSES $122,412

Year-over-Year Comparison

	2023	2022	Change
Revenue	$586,245	N/A	N/A
Expenses	$122,412	N/A	N/A
Net Income	$463,833	$0	N/A

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$50,256

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHANIE GOODRID LAWSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
RYAN STRODE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MARNI MCKINNEY WATERFIELD	SECRETARY	1.00	Officer Director	$0	$0	$0
BILL WEEKS	TREASURER	1.00	Officer Director	$0	$0	$0
CHRIS CHYUNG	EXECUTIVE DIRECTOR	60.00	Officer	$43,209	$7,047	$50,256

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	$586,245	$122,412	$617,293	$463,833