Lafayette Square Area Coalition Inc, operating under the name International Market Place Coalition, is located in Indianapolis, IN. The organization was established in 2007. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, International Market Place Coalition employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Market Place Coalition is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, International Market Place Coalition generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 44.1% each year . All expenses for the organization totaled $789.5k during the year ending 12/2021. While expenses have increased by 35.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY REVITALIZATION AND ECONOMIC DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY REVITALIZATION AND ECONOMIC DEVELOPMENT THROUGH ENGAGEMENT OF RESIDENT AND BUSINESS OWNERS IN DEVELOPMENT EFFORTS AND THROUGH PRESENTATION OF TASTE OF DIFFERENCE INTERNATIONAL PROGRAM THAT BRINGS VISITORS AND SHOPPERS TO THE LAFAYETTE SQUARE AREA AS A TARGETED DESIGNATED INTERNATIONAL MARKETPLACE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mary G Clark Executive Director | OfficerTrustee | 40 | $0 |
Raju Chinthala President | Trustee | 2 | $0 |
Jeb Bardon Member | Trustee | 1 | $0 |
Martel Vanlandingham Treasurer | Trustee | 1 | $0 |
Shawnette Brown Member | Trustee | 1 | $0 |
Juan R Diaz Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,630,445 |
Noncash contributions included in lines 1a–1f | $61,478 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,630,445 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $10,382 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,640,827 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $83,126 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $232,367 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $21,892 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $112,832 |
Office expenses | $19,443 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $164,780 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,801 |
Insurance | $7,522 |
All other expenses | $0 |
Total functional expenses | $789,456 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $143,478 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $605,390 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $451,972 |
Total assets | $1,200,840 |
Accounts payable and accrued expenses | $25,512 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $24,893 |
Total liabilities | $50,405 |
Net assets without donor restrictions | $1,150,435 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,200,840 |
Over the last fiscal year, we have identified 1 grants that Lafayette Square Area Coalition Inc has recieved totaling $17,250.
Awarding Organization | Amount |
---|---|
Indianapolis Foundation Inc Indianapolis, IN PURPOSE: My City My World | $17,250 |
Organization Name | Assets | Revenue |
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Indiana Members Credit Union Indianapolis, IN | $2,918,005,380 | $115,174,004 |
Goodwill Industries Of North Central Wisc Inc Menasha, WI | $88,771,633 | $81,283,932 |
Childrens Home & Aid Society Of Illinois Chicago, IL | $55,063,389 | $78,192,284 |
Lutheran Social Services Of Illinois Des Plaines, IL | $62,918,656 | $74,591,812 |
Dismas Charities Inc Louisville, KY | $50,549,022 | $73,995,842 |
Community Advocates Inc Milwaukee, WI | $18,692,383 | $54,333,478 |
Lutheran Social Services Of Wisconsin And Upper Michigan West Allis, WI | $89,212,422 | $59,977,625 |
Ada S Mckinley Community Services Inc Chicago, IL | $17,309,260 | $43,710,701 |
Audubon Area Community Services Inc Owensboro, KY | $41,933,406 | $49,214,124 |
Christian Social Service Of Illinois Belleville, IL | $18,359,176 | $39,517,456 |
Lifeline Youth & Family Services Inc Fort Wayne, IN | $15,628,659 | $38,083,955 |
Chicago Commons Association Chicago, IL | $18,778,773 | $34,368,248 |