Indiana Community Action Program FY2021 filing

Tax-deductible

Indianapolis, IN501(c)(3)Since 1970EIN 35-1267319

The indiana community action association (in-caa) works to strengthen the capacity of indiana's community action agencies to address community needs and poverty.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
$495K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $162K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$495K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$194K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
22
of 22 voting members
Looks good: 22 of 22 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.7M
-34% vs prior year
Spent
$4.2M
To programs
82%
Net assets
$2.3M
By yearFY2020–FY2024
Revenue
$3.7M
FY2021▼ -34%
Revenue by fiscal year
FY2020$5.7M
FY2021$3.7M
FY2022$6.1M
FY2023$8.9M
FY2024$13.6M
Expenses
$4.2M
FY2021▼ -22%
Expenses by fiscal year
FY2020$5.4M
FY2021$4.2M
FY2022$6.0M
FY2023$8.9M
FY2024$12.6M
Net assets
$2.3M
FY2021▼ -18%
Net assets by fiscal year
FY2020$2.8M
FY2021$2.3M
FY2022$2.4M
FY2023$2.4M
FY2024$3.4M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CIndiana Community Action Program
EINHdr · item D35-1267319
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFAug 1983
Year of formationHdr · item L1970
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CIndianapolis, IN
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.incap.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.18
Program services82%$3.5M
Management & general18%$757K
Total functional expensesLn 25$4.2M

Finances

Money in and out, what it owns and owes

Spent on programs
82%
of spending reaches programs
Months of spending covered by cash
4.1mo
months of spending covered by cash and easy-to-sell investments
Surplus or deficit
-13%
as % of revenue, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$2.5M
FY2021▼ -24%
Total assets by fiscal year
FY2020$3.3M
FY2021$2.5M
FY2022$3.2M
FY2023$4.6M
FY2024$9.3M
Total liabilities
$194K
FY2021▼ -61%
Total liabilities by fiscal year
FY2020$500K
FY2021$194K
FY2022$812K
FY2023$2.2M
FY2024$5.9M
Revenue less expensesPt I · Ln 19−$503K
Total assetsPt X · Ln 16$2.5M
Spent on programsPt IX · col B82%
Voting members of governing bodyPt I · Ln 322
Independent voting membersPt I · Ln 422

Balance Sheet

Part X · end of year
CashLn 1$1.4M
Total assetsLn 16$2.5M
Total liabilitiesLn 26$194K
Total net assetsLn 32$2.3M
Months of cash on handcomputed4.1

Statement of Revenue

Part VIII
Contributions & grants$1.6M · 43%
Program service revenue$1.5M · 39%
Other revenue$669K · 18%
Contributions & grants43%$1.6M
Program service revenue39%$1.5M
Other revenue18%$669K
Investment income$755
— government grantsLn 1e$956K
Total revenueLn 12$3.7M

Money in detail

Form 990 · FY2021 · each figure shown with the dollars behind it
Cash and giving out
Months of spending covered by cash
Cash and easy-to-sell investments $1.4M · Operating expenses/yr $4.2M
4.1 months
Where the money goes
Program services
Program services $3.5M · Total expenses $4.2M
82%
Management & General
Management & general $757K · Total expenses $4.2M
18%
Fundraising
Fundraising $0 · Total expenses $4.2M
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $1.3M
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1.6M · Total revenue $3.7M
43%
Government reliance
Government grants $956K · Total revenue $3.7M
26%
Earned-income share
Program service revenue $1.5M · Total revenue $3.7M
39%
Investment reliance
Investment income $755 · Total revenue $3.7M
+0.02%
Program self-sufficiency
Program service revenue $1.5M · Total expenses $4.2M
34%
Growth & trend
Revenue change from last year
This year $3.7M · Prior year $5.7M
-34%
Net assets change over the year
End of year $2.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus or deficit, as % of revenue
Revenue $3.7M · Expenses $4.2M
-13%
Debts compared to what it owns
Total liabilities — · Total assets $2.5M
—
Net assets compared to what it owns
Net assets $2.3M · Total assets $2.5M
92%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.5M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Edward Gerardot · Reported title EXECUTIVE DIREC · Highest reported compensation $126K · Total expenses $4.2M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.9M · Total expenses $4.2M
45%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Spent on programs 82%——
Spent on management, % of spending 18%——
Fundraising cost, % of gifts 0%——
Revenue growth -34%——
Accounting fees, % of spending 0.5%——

Straight from the Form 990 — descriptive, not an evaluation. A share is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Direc
$125,583Pt VII · Sec A
Business Mgr
$100,334Pt VII · Sec A
Training Leader
$97,034Pt VII · Sec A
Hvac Technical Trainer
$86,773Pt VII · Sec A
Shell Technical Trainer
$85,573Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Edward Gerardot$138,831$132,341$128,487$125,583$125,769
Michelle Carson$115,855$106,833$106,135$100,334$101,504
Christin Willman$108,269$105,548$102,645$97,034$98,848
Michael Hastings—$92,805$91,454$85,573$85,592
Fred Clade—$92,393$91,790$86,773$87,785

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 22Voting board membersPt VI · Ln 1a
  • 22Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Helps Indiana agencies fight poverty and meet community needs.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

2 program services account for $3.5M of program spending, described in the organization's own filed words · FY2021.
01

Rural Community Assistance Program (rcap)

Rcap technical assistance providers assisted towns, conservancy districts, regional sewer districts, water authorities, and unincorporated areas facing water and wastewater challenges. Rcap assisted these entities with leveraging grants and low-interest loans to fund planning and construction of upgrades, renovations, and new treatment…

$2.4Mprogram expense
02

As the membership organization of community action associations across indiana, the organization acts as the recipient and administrator of the utility assistance programs.

$1.1Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$25K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest $13.6M$12.6M+53% 990 PDF
FY2023 $8.9M$8.9M+46% 990 PDF
FY2022 $6.1M$6.0M+63% 990 PDF
FY2021 Viewing $3.7M$4.2M-34% 990 PDF
FY2020 $5.7M$5.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2021

Every line we hold from the return, cited to its Part and line.
Part VIII · Statement of revenue $3,738,800 across 8 lines filed
VIII-1e Government grants$955,642
VIII-1f All other contributions, gifts and grants$661,568
VIII-1h Total contributions, gifts and grants$1,617,210
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,451,565$1,451,565
VIII-3 Investment incomeExcluded from tax $755$755
VIII-6 Net rental income or lossExcluded from tax $87,960$87,960
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $581,310$581,310
VIII-12 Total revenueRelated to mission $2,032,875 · Unrelated business $0 · Excluded from tax $88,715$3,738,800
Part IX · Statement of functional expenses $4,242,278 across 12 lines filed
IX-4 Benefits paid to or for membersPrograms $1,242,805$1,242,805
IX-5 Pay of current officers, directors and key staffPrograms $516,919 · Management $141,803$658,722
IX-7 Other salaries and wagesPrograms $985,214 · Management $270,267$1,255,481
IX-11c Accounting feesPrograms $21,200$21,200
IX-11g Other fees for servicesPrograms $30,982 · Management $13,614$44,596
IX-13 Office expensesPrograms $42,089 · Management $13,732$55,821
IX-16 OccupancyPrograms $25,786 · Management $27,503$53,289
IX-17 TravelPrograms $47,287 · Management $87,040$134,327
IX-22 Depreciation, depletion and amortizationPrograms $20,399 · Management $16,690$37,089
IX-23 InsurancePrograms $23,382 · Management $17,199$40,581
IX-24 Other expenses (24a–d)Programs $523,890 · Management $167,600$691,490
IX-24e All other expensesPrograms $5,586 · Management $1,291$6,877
IX-25 Total functional expensesPrograms $3,485,539 · Management $756,739 · Fundraising $0$4,242,278
Part X · Balance sheet $2,520,276 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $1,510,297$1,441,617
X-3 Pledges and grants receivableStart of year $754,215$212,163
X-4 Accounts receivableStart of year $486,245$328,711
X-9 Prepaid expenses and deferred chargesStart of year $56,480$52,762
X-10c Land, buildings and equipment, netStart of year $522,112$485,023
X-16 Total assetsStart of year $3,329,349$2,520,276
X-17 Accounts payable and accrued expensesStart of year $361,124$189,264
X-24 Unsecured notes and loans payableStart of year $133,735$0
X-25 Other liabilitiesStart of year $4,992$4,992
X-26 Total liabilitiesStart of year $499,851$194,256
X-27 Net assets without donor restrictionsStart of year $1,069,936$1,206,999
X-28 Net assets with donor restrictionsStart of year $1,759,562$1,119,021
X-32 Total net assets or fund balancesStart of year $2,829,498$2,326,020
X-33 Total liabilities and net assetsStart of year $3,329,349$2,520,276
Part XI · Reconciliation of net assets $2,326,020 net assets at year end
XI-1 Total revenue$3,738,800
XI-2 Total expenses$4,242,278
XI-3 Revenue less expenses−$503,478
XI-4 Net assets at start of year$2,829,498
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,326,020

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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