The Arc Of Indiana Foundation Inc is located in Indianapolis, IN. The organization was established in 2014. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 12/2021, Arc Of Indiana Foundation Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arc Of Indiana Foundation 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 12/2021, Arc Of Indiana Foundation Inc generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. 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 OPPORTUNITIES FOR POSTSECONDARY VOCATIONAL TRAINING FOR PEOPLE WITH DISABILITIES THAT EMPOWER AND LEAD TO MEANINGFUL EMPLOYMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE TRAINING AND EMPLOYMENT OPPORTUNITIES FOR PEOPLE WITH DISABILITIES THROUGH THE ERSKINE GREEN TRAINING INSTITUTE (EGTI) IN HOSPITALITY, FOOD SERVICE, HEALTHCARE AND INVENTORY DISTRIBUTION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andrew Kirby Executive Director | Officer | 16 | $51,918 |
Anne Lammert CFO | Officer | 12 | $35,732 |
Diana Caldwell President | OfficerTrustee | 1 | $0 |
April Pyatt Vice President | OfficerTrustee | 1 | $0 |
James M Hammond III Past President | OfficerTrustee | 1 | $0 |
Dan Stewart Secretary | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $22,037 |
Related organizations | $0 |
Government grants | $143,137 |
All other contributions, gifts, grants, and similar amounts not included above | $766,075 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $931,249 |
Total Program Service Revenue | $836,704 |
Investment income | $176 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$467 |
Net Income from Fundraising Events | -$2,106 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,765,556 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $41,931 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $100,795 |
Compensation of current officers, directors, key employees. | $35,365 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $331,589 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $42,947 |
Payroll taxes | $35,535 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $11,175 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $30,255 |
Advertising and promotion | $581 |
Office expenses | $24,531 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $59,892 |
Travel | $4,043 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $300 |
Interest | $2,941 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,918 |
Insurance | $16,983 |
All other expenses | $15,791 |
Total functional expenses | $1,517,160 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $619,164 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $164,326 |
Accounts receivable, net | $31,049 |
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 | $30,513 |
Net Land, buildings, and equipment | $2,810 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $7,634,341 |
Intangible assets | $8,188 |
Other assets | $0 |
Total assets | $8,490,391 |
Accounts payable and accrued expenses | $2,040,889 |
Grants payable | $26,698 |
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 | $2,067,587 |
Net assets without donor restrictions | $6,360,868 |
Net assets with donor restrictions | $61,936 |
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 | $8,490,391 |
Over the last fiscal year, we have identified 5 grants that The Arc Of Indiana Foundation Inc has recieved totaling $23,729.
Awarding Organization | Amount |
---|---|
Hylant Family Foundation Toledo, OH PURPOSE: THE ARC OF INDIANA FOUNDATION EXISTS TO CREATE POSTSECONDARY TRAINING OPPORTUNITIES FOR PEOPLE WITH DISABILITIES THAT EMPOWER AND LEAD TO MEANINGFUL EMPLOYMENT. | $10,000 |
Healthcare Initiatives Inc Indianapolis, IN PURPOSE: ERSKINE GREEN TRAINING INSTITUTE | $10,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: VIBRANT ECONOMIES | $2,500 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $1,200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $29 |
Organization Name | Assets | Revenue |
---|---|---|
Supporting Families Together Association Inc Madison, WI | $1,243,761 | $19,699,760 |
Family Development Services Inc Indianapolis, IN | $6,961,291 | $21,119,232 |
Indianapolis Private Industry Council Inc Indianapolis, IN | $7,195,768 | $15,248,899 |
Chicago Urban League Chicago, IL | $6,767,284 | $15,691,423 |
Cara Program Chicago, IL | $15,165,260 | $11,673,454 |
The Mission Continues Saint Louis, MO | $10,410,766 | $11,093,875 |
Comptia Tech Career Academy Downers Grove, IL | $2,728,852 | $5,424,881 |
United Workforce Development Board Inc Pekin, IL | $714,374 | $6,448,841 |
Northern Indiana Workforce Board Inc South Bend, IN | $1,518,783 | $6,187,359 |
Goodwill Manufacturing Inc Milwaukee, WI | $3,795,340 | $2,579,295 |
Tecumseh Area Partnership Inc Lafayette, IN | $657,901 | $5,842,061 |
Lee Initiative Inc Louisville, KY | $1,578,527 | $6,114,008 |