Interra Cares Foundation INC

Tax-deductible

Goshen, IN501(c)(3)Since 2017EducationEIN 82-3816459

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Living the credit union philosophy of people helping people. The mission of the Interra Cares Foundation is to make a positive impact on the lives of the people served by Interra credit union and in the communities in which we DO business, focusing primarily on: -financial education & economic empowerment -lifting up those in need or community giveback -enhancing the quality of life in the communities served by Interra credit union

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
$145K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average deficit $1K a year · under 1% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$145K
to officers and key staff · 50% of spending
Top officer’s pay higher than 95% of similar orgs
Concern: pay to officers and key staff is 50% of spending; over 30%.
Pt VII · Sec A
Cash reserves
11 mo
of spending, in cash
Looks good: 11.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $285K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 8 voting members
Looks good: 7 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$334K
+89% vs prior year
Spent
$289K
To programs
96%
Net assets
$276K
By yearFY2020–FY2025
Revenue
$334K
FY2025▲ +89%
Revenue by fiscal year
FY2020$135K
FY2021$188K
FY2022$243K
FY2023$214K
FY2024$177K
FY2025$334K
Expenses
$289K
FY2025▼ -21%
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022$220K
FY2023$99K
FY2024$365K
FY2025$289K
Net assets
$276K
FY2025▲ +19%
Net assets by fiscal year
FY2020$239K
FY2021$281K
FY2022$304K
FY2023$419K
FY2024$231K
FY2025$276K

From the FY2025 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2020.

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% · $279K Management & general 4% · $10K

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

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Who runs it and what they're paid

10 people listed on the 990; $145K paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Strate
$145,044Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

David W Birky’s $145K as Chief Strate is at the 95th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024
David W Birky$145,044$147,924

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.

See Interra Cares Foundation INC executive salaries →

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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 15aYes

Programs and updates

Improves lives through community support and financial well-being initiatives.

Provided by the organization

This section is blank until Interra Cares Foundation INC claims this page.

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1 program service account for $279K of program spending, described in the organization's own filed words · FY2025.
01

The foundation operates to support those served by interra credit union and surrounding areas by focusing on financial education, economic empowerment, community giveback and enhancing the quality of life to include: qcash - small dollar, smart phone lending app. 2,933 credit union members borrowed more than 5 million.

$279Kprogram 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 · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$285K
Grants paid · 29 grants · $539K · 2022–2025
Maple City HealthcareFY2025$20,000
Goshen Health System INCIN · FY2025$15,000
Milford Food Bank INCIN · FY2025$10,000
Adec INCIN · FY2025$7,500
Lacasa of Goshen INCIN · FY2025$7,000
Greencroft Goshen INCIN · FY2024$33,332
Goshen Health System INCIN · FY2024$30,000
Center for Healing and HopeIN · FY2024$25,000
Hubbard Hill Estates INCIN · FY2024$25,000
Crossroads United Way INCIN · FY2024$20,000
Maple City HealthcareFY2024$10,000
Lacasa of Goshen INCIN · FY2024$7,000
See all 29 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$334K
Ln 12
Gifts and grantsLn 1h$334K
Money outPt IX
$289K
Ln 25
Programscol B$279K
Managementcol C$10K
Owns and owesPt X
$276K
net assets · Ln 32
Cash and savingsLn 1–2$271K
Total assetsLn 16$276K
LiabilitiesLn 26$0
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$334K
Total revenueLn 12$334K
Assets in detailPt X, end of year
CashLn 1$271K
Cash and savings togetherLn 1–2$271K
Total assetsLn 16$276K
LiabilitiesLn 26$0
Net assetsLn 32$276K
OperationsPt I, VI
EmployeesI 51
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$227K$271K
Total assetsLn 16$231K$276K
LiabilitiesLn 26$0$0
Net assetsLn 32$231K$276K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$116K$116K
Pay of current officers, directors and key staffLn 5$145K$145K
Accounting feesLn 11c$10K$10K
Other expenses (24a–d)Ln 24$18K$18K
Total functional expensesLn 25$289K$279K$10K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $334K$289K$45K$276K 990 PDF
FY2024 $177K$365K−$188K$231K 990 PDF
FY2023 $214K$99K$115K$419K 990 PDF
FY2022 $243K$220K$23K$304K 990 PDF
FY2021 $188K$281K 990 PDF
FY2020 $135K$239K 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
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $334,160 across 4 lines filed
VIII-1d Related organizations$267,965
VIII-1f All other contributions, gifts and grants$66,195
VIII-1h Total contributions, gifts and grants$334,160
VIII-12 Total revenue$334,160
Part IX · Statement of functional expenses $289,319 across 4 lines filed
IX-1 Grants to domestic organizationsPrograms $116,000$116,000
IX-5 Pay of current officers, directors and key staffPrograms $145,044$145,044
IX-11c Accounting feesManagement $10,420$10,420
IX-24 Other expenses (24a–d)Programs $17,855$17,855
IX-25 Total functional expensesPrograms $278,899 · Management $10,420 · Fundraising $0$289,319
Part X · Balance sheet $275,847 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $226,506$271,347
X-9 Prepaid expenses and deferred chargesStart of year $4,500$4,500
X-16 Total assetsStart of year $231,006$275,847
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $231,006$275,847
X-32 Total net assets or fund balancesStart of year $231,006$275,847
X-33 Total liabilities and net assetsStart of year $231,006$275,847
Part XI · Reconciliation of net assets $275,847 net assets at year end
XI-1 Total revenue$334,160
XI-2 Total expenses$289,319
XI-3 Revenue less expenses$44,841
XI-4 Net assets at start of year$231,006
XI-10 Net assets at end of year$275,847

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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