I-Man INC FY2021 filing

Angola, INUnknown exempt organizationEIN 75-3085954Revenue $1.1M in FY2021

On file with the IRSsteubenfoundation.org/fiber1701 N Wayne Street · Angola, IN

This page gets seen. Tell your story. Claim this org.

To provide high speed data communications in steuben county, with percentage of income going to benefit charities in steuben county

96¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 2
filings with a surplus
Average deficit $840K a year · 146% of revenue · last 2 filings
Concern: a surplus in 0 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 6 voting members
Looks good: 5 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
Spent
$2.2M
To programs
96%
Net assets
$586K
By yearFY2021–FY2022
Revenue
$1.1M
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$1.1M
FY2022$297
Expenses
$2.2M
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$2.2M
FY2022$586K
Net assets
$586K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$586K
FY2022$0

From the FY2021 Form 990 (year ending June 2021) · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $2.2M Management & general 4% · $83K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Director
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Ex Officio
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair/T
$0Pt VII · Sec A
See I-Man INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Connects Steuben County with high-speed internet, funding local charities with a portion of revenue.

Questions for I-Man INC

Tap to ask. I-Man INC sees how many people are interested.

Your first name shows with your question. I-Man INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $2.2M · in their own filed words · FY2020
01

Town and city funds, endowment fund to provide money to steuben co charities, steuben co comm FOUNDATION/ to provide operating money to foundation for the good of steuben co residents

$2.2Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 3 grants · $2.6M · 2020–2021

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Investment incomeLn 3$862K
Fees for servicesLn 2g$286K
Money outPt IX
$2.2M
Ln 25
Programscol B$2.2M
Managementcol C$83K
Owns and owesPt X
$586K
net assets · Ln 32
Cash and savingsLn 1–2$22K
Total assetsLn 16$586K
LiabilitiesLn 26$0
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$286K
Investment incomeLn 3$862K
Gains on assetsLn 7$862K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$22K
Cash and savings togetherLn 1–2$22K
Other assetsLn 15$560K
Total assetsLn 16$586K
LiabilitiesLn 26$0
Net assetsLn 32$586K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$461K$22K
Total assetsLn 16$3.5M$586K
LiabilitiesLn 26$829K$0
Net assetsLn 32$2.7M$586K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2.0M$2.0M
Management feesLn 11a$80K$18K$62K
Legal feesLn 11b$5K$5K
Accounting feesLn 11c$16K$3K$14K
Office expensesLn 13$91$91
InterestLn 20$23K$23K
Depreciation, depletion and amortizationLn 22$86K$86K
InsuranceLn 23$10K$8K$2K
Other expenses (24a–d)Ln 24$47K$47K
All other expensesLn 24e$878$878
Total functional expensesLn 25$2.2M$2.2M$83K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $297$586K−$586K$0 990 PDF
FY2021 Viewing $1.1M$2.2M−$1.1M$586K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $1,147,515 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $788,054$285,552
I-10 Investment incomePrior year $8,989$861,963
I-11 Other revenue$0
I-12 Total revenuePrior year $797,043$1,147,515
I-13 Grants and similar amounts paidPrior year $61,100$1,973,230
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $662,878$269,132
I-18 Total expensesPrior year $723,978$2,242,362
I-19 Revenue less expensesPrior year $73,065−$1,094,847
Part VI · Governance 5 of 6 board members independent, 2 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,147,515 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $285,552$285,552
VIII-7 Net gain or loss on sales of assetsRelated to mission $861,963$861,963
VIII-12 Total revenueRelated to mission $861,963 · Unrelated business $285,552$1,147,515
Part IX · Statement of functional expenses $2,242,362 across 10 lines filed
IX-1 Grants to domestic organizationsPrograms $1,973,230$1,973,230
IX-11a Management feesPrograms $18,115 · Management $62,138$80,253
IX-11b Legal feesManagement $5,080$5,080
IX-11c Accounting feesPrograms $2,735 · Management $13,517$16,252
IX-13 Office expensesManagement $91$91
IX-20 InterestPrograms $23,350$23,350
IX-22 Depreciation, depletion and amortizationPrograms $85,956$85,956
IX-23 InsurancePrograms $8,371 · Management $1,661$10,032
IX-24 Other expenses (24a–d)Programs $47,240$47,240
IX-24e All other expensesManagement $878$878
IX-25 Total functional expensesPrograms $2,158,997 · Management $83,365 · Fundraising $0$2,242,362
Part X · Balance sheet $585,835 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $460,803$22,100
X-9 Prepaid expenses and deferred chargesStart of year $23,210$3,735
X-15 Other assets$560,000
X-16 Total assetsStart of year $3,484,399$585,835
X-26 Total liabilitiesStart of year $829,169$0
X-27 Net assets without donor restrictionsStart of year $2,655,230$585,835
X-32 Total net assets or fund balancesStart of year $2,655,230$585,835
X-33 Total liabilities and net assetsStart of year $3,484,399$585,835
Part XI · Reconciliation of net assets $585,835 net assets at year end
XI-1 Total revenue$1,147,515
XI-2 Total expenses$2,242,362
XI-3 Revenue less expenses−$1,094,847
XI-4 Net assets at start of year$2,655,230
XI-9 Other changes in net assets−$974,548
XI-10 Net assets at end of year$585,835

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.