Noble Inc
- Assets
- $22.2m
- Revenue
- $10.3m
- Investments
- $0.0
- Employees
- 476
- Location
- Indianapolis, IN
- Founding
- 12/1955
- Data as of
- 06/2020
- EIN
- 35-0924720
Organization Overview
Noble Inc, operating under the name Noble, is located in Indianapolis, IN. The organization was established in 1955. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2021, Noble employed 476 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Noble 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 06/2020, Noble generated $10.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $9.9m during the year ending 06/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO EXPAND OPPORTUNITIES AND ENHANCE THE QUALITY OF LIFE FOR PEOPLE WITH DISABILITIES AND THEIR FAMILIES THROUGH INDIVIDUALIZED SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT SERVICES: NOBLE OFFERS SOCIAL, VOCATIONAL, AND RECREATIONAL SERVICES TO HUNDREDS OF ADULTS WITH DEVELOPMENTAL DISABILITIES IN RESIDENTIAL, COMMUNITY AND FACILITY-BASED SETTINGS TAILORED TO EACH INDIVIDUAL'S NEEDS, DREAMS AND GOALS. SELF-ADVOCACY, INTEREST-BASED CLUBS, THERAPEUTIC ART, MUSIC THERAPY, RECREATIONAL THERAPY, HORTICULTURE, VOLUNTEER WORK AND LIFE SKILLS DEVELOPMENT ARE JUST A FEW OPTIONS FROM WHICH INDIVIDUALS CAN CHOOSE TO STRUCTURE THEIR SERVICES.
BUSINESS ENTERPRISES AND WORK CREWS: THROUGH THESE VOCATIONAL SERVICES, NOBLE PROVIDES A VARIETY OF SUPERVISED WORK OPPORTUNITIES IN BOTH FACILITY AND COMMUNITY-BASED SETTINGS FOR ADULTS WITH DISABILITIES TO LEARN NEW SKILLS, DISCOVER CAREER INTERESTS AND EARN A PAYCHECK.
COMMUNITY LIVING: RESIDENTIAL SERVICE HELPS PEOPLE WITH DISABILITIES CREATE A HOME THAT MEETS THEIR INDIVIDUAL NEEDS AND FOSTERS THEIR DREAMS OF LIVING AS INDEPENDENTLY AS POSSIBLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julia Huffman President/ceo | Officer | 45 | $154,968 |
Angie Tyler Vice President/cfo | Officer | 47 | $91,343 |
Mark Bruin Treasurer | OfficerTrustee | 2 | $0 |
Arvie Anderson Vice Chair/secretary | OfficerTrustee | 2 | $0 |
William Wales Chairman | OfficerTrustee | 2 | $0 |
Neil Thatcher Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,239,331 |
| Investment income | $641,140 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $633,075 |
| Net Income from Fundraising Events | $171,909 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,346,959 |
| Statement of Expenses | |
|---|---|
| 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. | $268,514 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,640,033 |
| Pension plan accruals and contributions | $133,365 |
| Other employee benefits | $1,437,844 |
| Payroll taxes | $440,414 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,492 |
| Fees for services: Accounting | $63,986 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,829 |
| Fees for services: Other | $348,599 |
| Advertising and promotion | $9,341 |
| Office expenses | $208,028 |
| Information technology | $243,363 |
| Royalties | $0 |
| Occupancy | $271,508 |
| Travel | $180,002 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,248 |
| Interest | $51,258 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $272,869 |
| Insurance | $88,527 |
| All other expenses | $0 |
| Total functional expenses | $9,932,592 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,890 |
| Savings and temporary cash investments | $2,940,728 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $897,031 |
| 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 | $42,865 |
| Investments—publicly traded securities | $16,598,559 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $445,000 |
| Other assets | $0 |
| Total assets | $22,159,492 |
| Accounts payable and accrued expenses | $593,945 |
| 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 | $285,785 |
| Unsecured mortgages and notes payable | $1,478,800 |
| Other liabilities | $0 |
| Total liabilities | $2,358,530 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $19,800,962 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Noble Inc has recieved totaling $200.
| Awarding Organization | Amount |
|---|---|
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $200 |
Endowment Analysis
| Beg. Balance | $12,602,960 |
| Earnings | $2,578,374 |
| Other Expense | $59,117 |
| Ending Balance | $15,122,217 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Apostolic Christian Lifepoints Inc Morton, IL | $42,471,151 | $22,063,470 |
Knox County Association For Remarkable Citizens Inc Vincennes, IN | $24,536,291 | $19,956,533 |
St Colettas Of Illinois Tinley Park, IL | $3,321,726 | $15,993,167 |
Helping Hand Center Countryside, IL | $22,525,393 | $16,246,364 |
Paladin Inc Michigan City, IN | $9,460,565 | $15,902,073 |
Aspire Of Illinois Hillside, IL | $18,983,817 | $18,724,686 |
Hillcroft Services Inc Muncie, IN | $16,936,926 | $14,933,830 |
Bona Vista Programs Inc Kokomo, IN | $19,070,860 | $15,130,764 |
The Arc Of The Quad Cities Area Rock Island, IL | $28,274,211 | $14,437,427 |
Community Living Inc Saint Peters, MO | $12,260,618 | $12,484,742 |
Glenkirk Northbrook, IL | $14,078,509 | $14,943,615 |
Sycamore Rehabilitation Services Hendricks County Arc Inc Danville, IN | $24,418,697 | $15,506,732 |