Indiana Nitro Inc
- Assets
- $654.9k
- Revenue
- $661.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Fishers, IN
- Founding
- 09/2011
- Data as of
- 07/2024
- EIN
- 27-1098272
Organization Overview
Indiana Nitro Inc is located in Fishers, IN. The organization was established in 2011. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Nitro Inc 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 07/2024, Indiana Nitro Inc generated $661.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $569.8k during the year ending 07/2024. While expenses have increased by 3.8% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
A TRAVEL BASEBALL PROGRAM WHOSE PURPOSE IS TO DEVELOP THROUGH INSTRUCTION AND TRAINING MINORS IN THE GAME OF BASEBALL, SPORTSMANSHIP, CITIZENSHIP AND TEAMWORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDIANA NITRO, INC. IS A YOUTH BASEBALL ORGANIZATION ORGANIZED TO ALLOW YOUNG PLAYERS THE ABILITY TO DEVELOP THEIR SKILLS SO THAT THEY CAN PLAY AT A HIGH LEVEL OF ACHIEVEMENT. BELOW ARE SOME OF THE ACHIEVEMENTS DURING THE FISCAL YEAR ENDED JULY 31, 2024: 1) OVER 250 YOUTH BASEBALL PLAYERS PARTICIPATED IN OUR ORGANIZATION., FYE 7/31/24CONSISTING OF 17 TEAMS RANGING FROM 9U TO 17U,
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Gonzalez Director | Trustee | 10 | $15,000 |
Dan Rodgers Director Yt | Trustee | 10 | $15,000 |
Chris Poland Director | OfficerTrustee | 10 | $8,333 |
Anna Poland Treasurer | OfficerTrustee | 10 | $7,200 |
Randy Poiry Board Memeber | Trustee | 5 | $4,800 |
Tim Burns Chairman | OfficerTrustee | 5 | $0 |
Financial Statements
| 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 | $5,436 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,436 |
| Total Program Service Revenue | $610,684 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $26,124 |
| Net Income from Sales of Inventory | $19,456 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $661,700 |
| 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. | $50,333 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $4,800 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $910 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $13,768 |
| 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 | $0 |
| Insurance | $5,227 |
| All other expenses | $70,338 |
| Total functional expenses | $569,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $654,863 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $654,863 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $654,863 |
| 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 | $654,863 |