Troy Center is located in Columbia City, IN. The organization was established in 2014. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 07/2021, Troy Center employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Troy Center 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 07/2021, Troy Center generated $679.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $540.3k during the year ending 07/2021. While expenses have increased by 10.7% 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
TO PROVIDE YOUTH IN NORTHEAST INDIANA WITH THE EDUCATION, TOOLS AND SUPPORT NECESSARY FOR SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TROY CENTER SERVED 51 STUDENTS FROM WHITLEY, ALLEN, KOSCIUSKO AND NOBLE COUNTIES DURING THE 2019-2020 SCHOOL YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cindy Baker Executive Dir. | Officer | 40 | $48,470 |
James Heuer Chairman | OfficerTrustee | 2 | $0 |
Michael Ott Vice Chairman | OfficerTrustee | 2 | $0 |
Laura Lefever Treasurer | OfficerTrustee | 2 | $0 |
Kathy Heuer Secretary | OfficerTrustee | 3 | $0 |
Dr James Stapel Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $6,000 |
Membership dues | $0 |
Fundraising events | $105,732 |
Related organizations | $0 |
Government grants | $25,000 |
All other contributions, gifts, grants, and similar amounts not included above | $307,966 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $444,698 |
Total Program Service Revenue | $235,822 |
Investment income | $330 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$1,403 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $679,447 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $52 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $48,470 |
Compensation of current officers, directors, key employees. | $5,816 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $314,730 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $50,551 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,976 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $35,038 |
Advertising and promotion | $0 |
Office expenses | $16,358 |
Information technology | $1,327 |
Royalties | $0 |
Occupancy | $15,510 |
Travel | $6,810 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,665 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $13,902 |
Insurance | $19,225 |
All other expenses | $0 |
Total functional expenses | $540,333 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $694,286 |
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 | $235,237 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $929,523 |
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 | $87,400 |
Other liabilities | $0 |
Total liabilities | $87,400 |
Net assets without donor restrictions | $816,222 |
Net assets with donor restrictions | $25,901 |
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 | $929,523 |
Over the last fiscal year, we have identified 7 grants that Troy Center has recieved totaling $41,194.
Awarding Organization | Amount |
---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $20,200 |
Whitley Memorial Hospital Inc Columbia City, IN PURPOSE: PROGRAMS TO PROVIDE YOUTH IN NORTHEAST INDIANA WITH THE EDUCATION, TOOLS AND SUPPORT NECESSARY FOR SUCCESS | $13,000 |
Whitley County Community Foundation Inc Columbia City, IN PURPOSE: MENTAL HEALTH | $5,249 |
Rifkin Family Foundation Fort Wayne, IN PURPOSE: EDUCATION | $2,000 |
Lincoln Financial Foundation Inc Radnor, PA PURPOSE: MATCHING GIFT | $500 |
Lincoln Financial Foundation Inc Radnor, PA PURPOSE: MATCHING GIFT | $200 |
Organization Name | Assets | Revenue |
---|---|---|
Concept Schools Inc Schaumburg, IL | $73,509,189 | $54,687,645 |
Lake Forest Academy Lake Forest, IL | $113,447,241 | $34,795,522 |
John Burroughs School St Louis, MO | $206,476,145 | $33,752,535 |
Perspectives Charter School Chicago, IL | $57,974,185 | $31,269,423 |
Hope Christian Schools Inc Waukesha, WI | $8,169,327 | $30,403,375 |
Wheaton Academy West Chicago, IL | $41,216,883 | $18,989,425 |
Lexington School Inc Lexington, KY | $82,981,335 | $20,273,926 |
Westminster Christian Academy Association Town Country, MO | $72,930,151 | $20,133,441 |
Barstow School Kansas City, MO | $36,041,263 | $20,616,227 |
St Johns Northwestern Military Academy Inc Delafield, WI | $17,393,633 | $8,781,742 |
Trinity Schools Inc South Bend, IN | $7,029,834 | $13,749,929 |
Conserve School Corporation Land O Lakes, WI | $44,507,562 | $11,154,750 |