Indiana Conservation Voters

Indianapolis, INUnknown exempt organization EIN 88-4179922Revenue $393K in FY2024Latest return filed Nov 18, 2025

On file with the IRSindianacv.org6255 Carrolton Ave Ste 30379 · Indianapolis, IN

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Icv advocated for sound Conservation policies to protect the air, water and land that hoosier families rely on.

82¢ of each $1 spent went to programs.
Run by 150 volunteers and 5 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
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
1 of 2
filings with a surplus
Average surplus $146K a year · 30% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 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
$74K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
7 mo
of spending, in cash
Looks good: 7.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $160K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$24K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$393K
-33% vs prior year
Spent
$565K
To programs
82%
Net assets
$442K
By yearFY2023–FY2024
Revenue
$393K
FY2024▼ -33%
Tap a bar for its year
Revenue by fiscal year
FY2023$586K
FY2024$393K
Expenses
$565K
FY2024▲ +362%
Tap a bar for its year
Expenses by fiscal year
FY2023$122K
FY2024$565K
Net assets
$442K
FY2024▼ -28%
Tap a bar for its year
Net assets by fiscal year
FY2023$614K
FY2024$442K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

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

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $463K Management & general 12% · $68K Fundraising 6% · $34K

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

5 people listed on the 990; $74K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director, (until 12/9/24)
$73,623Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

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

NameFY2024FY2023
Chris Chyung$73,623$43,209

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 Indiana Conservation Voters executive salaries →

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

Advocates for policies protecting Indiana's air, water, and land for families.

Questions for Indiana Conservation Voters

Tap to ask. Indiana Conservation Voters sees how many people are interested.

Your first name shows with your question. Indiana Conservation Voters answers here, for everyone.

1 program · $463K · in their own filed words · FY2024
01

We have educated indiana legislators on the economic benefits of pfas regulations, community solar programs, and clean energy siting reform law.

$463Kprogram expense

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 3 funders$160K
See all 3 funders →
Grants paid · 2 grants · $266K · 2023–2024
Hoosier Values Leadership FundFY2024$245,704
Hoosier Values Leadership FundFY2023$20,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$393K
Ln 12
Gifts and grantsLn 1h$392K
Investment incomeLn 3$568
Money outPt IX
$565K
Ln 25
Programscol B$463K
Managementcol C$68K
Fundraisingcol D$34K
Owns and owesPt X
$442K
net assets · Ln 32
Cash and savingsLn 1–2$349K
Total assetsLn 16$466K
LiabilitiesLn 26$24K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$392K
Investment incomeLn 3$568
Total revenueLn 12$393K
Assets in detailPt X, end of year
CashLn 1$93K
SavingsLn 2$256K
Cash and savings togetherLn 1–2$349K
Land, buildings, equipmentLn 10c$3K
Other assetsLn 15$108K
Total assetsLn 16$466K
LiabilitiesLn 26$24K
Net assetsLn 32$442K
OperationsPt I, VI
EmployeesI 55
VolunteersI 6150
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 FY24End FY24
Cash and savingsLn 1–2$603K$349K
Land, buildings, equipmentLn 10c$0$3K
Total assetsLn 16$617K$466K
LiabilitiesLn 26$3K$24K
Net assetsLn 32$614K$442K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$248K$248K
Pay of current officers, directors and key staffLn 5$80K$61K$7K$12K
Other salaries and wagesLn 7$60K$46K$5K$9K
Pension plan contributionsLn 8$625$477$55$93
Other employee benefitsLn 9$846$647$73$126
Payroll taxesLn 10$12K$9K$1K$2K
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$26K$26K
Lobbying feesLn 11d$61K$61K
Other fees for servicesLn 11g$29K$7K$22K
Advertising and promotionLn 12$11K$11K
Office expensesLn 13$2K$2K$349
Information technologyLn 14$3K$3K
TravelLn 17$2K$2K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$26K$23K$3K$320
All other expensesLn 24e$478$478
Total functional expensesLn 25$565K$463K$68K$34K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 18, 2025 $393K$565K−$172K$442K 990 PDF
FY2023Filed with the IRS Nov 25, 2024 $586K$122K$464K$614K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $393,042 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $586,245$392,474
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$568
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $586,245$393,042
I-13 Grants and similar amounts paidPrior year $20,000$247,704
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $51,327$153,421
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $51,085$163,851
I-18 Total expensesPrior year $122,412$564,976
I-19 Revenue less expensesPrior year $463,833−$171,934
Part VI · Governance 4 of 4 board members independent, 2 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $393,042 across 4 lines filed
VIII-1f All other contributions, gifts and grants$392,474
VIII-1h Total contributions, gifts and grants$392,474
VIII-3 Investment incomeExcluded from tax $568$568
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $568$393,042
Part IX · Statement of functional expenses $564,976 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $247,704$247,704
IX-5 Pay of current officers, directors and key staffPrograms $60,936 · Management $6,847 · Fundraising $11,881$79,664
IX-7 Other salaries and wagesPrograms $46,266 · Management $5,199 · Fundraising $9,020$60,485
IX-8 Pension plan contributionsPrograms $477 · Management $55 · Fundraising $93$625
IX-9 Other employee benefitsPrograms $647 · Management $73 · Fundraising $126$846
IX-10 Payroll taxesPrograms $9,027 · Management $1,014 · Fundraising $1,760$11,801
IX-11b Legal feesManagement $1,269$1,269
IX-11c Accounting feesManagement $26,478$26,478
IX-11d Lobbying feesPrograms $61,280$61,280
IX-11g Other fees for servicesPrograms $7,031 · Management $22,000$29,031
IX-12 Advertising and promotionFundraising $10,620$10,620
IX-13 Office expensesPrograms $1,759 · Management $349$2,108
IX-14 Information technologyPrograms $2,671$2,671
IX-17 TravelPrograms $2,091$2,091
IX-23 InsuranceManagement $1,776$1,776
IX-24 Other expenses (24a–d)Programs $23,043 · Management $2,686 · Fundraising $320$26,049
IX-24e All other expensesPrograms $478$478
IX-25 Total functional expensesPrograms $463,410 · Management $67,746 · Fundraising $33,820$564,976
Part X · Balance sheet $465,516 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $602,533$93,191
X-2 Savings and temporary cash investments$255,568
X-4 Accounts receivable$3,618
X-9 Prepaid expenses and deferred charges$1,776
X-10c Land, buildings and equipment, netStart of year $0$3,000
X-15 Other assetsStart of year $14,760$108,363
X-16 Total assetsStart of year $617,293$465,516
X-17 Accounts payable and accrued expensesStart of year $3,460$23,617
X-26 Total liabilitiesStart of year $3,460$23,617
X-27 Net assets without donor restrictionsStart of year $613,833$441,168
X-28 Net assets with donor restrictionsStart of year $0$731
X-32 Total net assets or fund balancesStart of year $613,833$441,899
X-33 Total liabilities and net assetsStart of year $617,293$465,516
Part XI · Reconciliation of net assets $441,899 net assets at year end
XI-1 Total revenue$393,042
XI-2 Total expenses$564,976
XI-3 Revenue less expenses−$171,934
XI-4 Net assets at start of year$613,833
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$441,899

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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