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Nonprofiteer
← INDY HUB FOUNDATION INC

Form 990 for tax year 2024

Filed by INDY HUB FOUNDATION INC.

Totals

Total revenue
$228,023
Total expenses
$248,172
Contributions and grants received
$222,482
Grants paid
$0
Program service revenue
$5,540
Investment income
$1
Other revenue
$0
Total assets, end of year
$7,076
Total liabilities, end of year
$4,875
Net assets or fund balances, end of year
$2,201
Program services expenses (Part IX)
$152,063
Management and general expenses
$87,964
Fundraising expenses
$8,145
Program service expenses (Part III)
$152,063

Program services were 61.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $222,482

  • 2a · Program service revenue: REGISTRATION AND FEE INCOME

    total $5,540 · related or exempt $5,540

  • 3 · Investment income

    total $1 · excluded $1

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $80,100 · program services $46,458 · management and general $30,438 · fundraising $3,204

  • 7 · Other salaries and wages

    total $81,122 · program services $47,051 · management and general $30,826 · fundraising $3,245

  • 8 · Pension plan contributions

    total $900 · program services $522 · management and general $342 · fundraising $36

  • 9 · Other employee benefits

    total $1,536 · program services $891 · management and general $584 · fundraising $61

  • 10 · Payroll taxes

    total $11,329 · program services $6,571 · management and general $4,305 · fundraising $453

  • 11c · Fees: accounting

    total $18,050 · management and general $18,050

  • 11g · Fees: other

    total -$1,246 · program services -$1,197 · management and general -$12 · fundraising -$37

  • 12 · Advertising and promotion

    total $51,771 · program services $49,183 · management and general $1,553 · fundraising $1,035

  • 13 · Office expenses

    total $905 · program services $435 · management and general $470

  • 16 · Occupancy

    total $3,705 · program services $2,149 · management and general $1,408 · fundraising $148

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $28,576 · end of year $379

  • 2 · Savings and temporary cash investments

    beginning of year $5,464 · end of year $635

  • 4 · Accounts receivable

    end of year $2,500

  • 15 · Other assets

    end of year $3,562

  • 25 · Other liabilities

    beginning of year $11,690 · end of year $4,875

  • 27 · Net assets without donor restrictions

    beginning of year $22,350 · end of year $2,201

Mission and programs · 2024

Mission

OUR MISSION IS TO ATTRACT, ENGAGE, EDUCATE, AND MOTIVATE YOUNG PROFESSIONALS OF ALL VARIETIES TO MAKE INDIANAPOLIS AN EVEN GREATER PLACE TO LIVE, WORK, AND PLAY.

  • INDYVOLVED - INDYHUB'S LARGEST ANNUAL EVENT, PROVIDING A VOLUNTEER FAIR FOR THE COMMUNITY'S YOUNG PROFESSIONALS. MORE THAN 115 NONPROFITS EXHIBIT IN INDY'S CENTRAL LIBRARY, SHOWCASING VOLUNTEER AND BOARD OPPORTUNITIES FOR MORE THAN 2,000 PARTICIPANTS.

    Expenses $10,650 · Revenue $5,000

  • MEET INDY - RESEARCH SHOWS THAT EACH YEAR, 1 MILLION YOUNG ADULTS PICK UP AND MOVE. AT INDYHUB WE KNOW THAT BUILDING MEANINGFUL CONNECTIONS TO NEIGHBORHOODS, AMENITIES, CULTURE, AND PEOPLE IS CRUCIAL TO BEING HAPPY AND PROSPEROUS IN THE PLACE YOU CALL HOME. THE MEET INDY PROJECT IS CUSTOMIZED JUST FOR YOU. THE INDYHUB TEAM WILL LEARN MORE ABOUT YOU AND THEN CONNECT YOU TO ONE OF OUR INCREDIBLE CITY AMBASSADORS. THEY'LL SIT DOWN AND LEARN ABOUT YOU - YOUR LIKES, YOUR DISLIKES, WHAT MAKES YOU GET OUT OF BED IN THE MORNING, AND THE THINGS THAT YOU ENJOY WHEN YOU AREN'T AT WORK. ALL OF THAT INFORMATION IS KEY AS IT PLAYS INTO THE NEXT STEP - WHERE WE CONNECT YOU TO OUR FRIENDS AND PEERS FROM OTHER INDY ORGANIZATIONS SO YOU CAN DEEPEN YOUR SOCIAL CAPITAL AND ENGAGEMENT IN INDY.

    Expenses $17,383

  • 1828 LEADERSHIP PROJECT - ANNUAL LEADERSHIP PROGRAM WHICH CONVENES A COHORT OF 18-28 YEAR OLDS TO ENGAGE WITH CORPORATE, CIVIC, AND PHILANTHROPIC LEADERS. PROGRAM FOCUSES ON LEADERSHIP DEVELOPMENT, COMMUNITY BUILDING, AND ACTIONABLE OUTCOMES FOR PARTICIPANTS.

  • COMMUNITY ENGAGEMENT - MEETING WITH COMMITTEES AND MEMBERS OF THE COMMUNITY WHICH ARE LOOKING TO ENGAGE MORE WITH INDYHUB AND THE AUDIENCE. STRAIGHT UP VIDEO SERIES - CONVERSATIONS WITH COMMUNITY LEADERS THAT WERE RISK TAKERS, BARRIER BREAKERS AND CHANGE MAKERS. ALL OTHER SERVICES TO ATTRACT, ENGAGE, EDUCATE, AND MOTIVATE YOUNG PROFESSIONALS OF ALL VARIETIES TO MAKE INDIANAPOLIS AN EVEN GREATER PLACE TO LIVE, WORK, AND PLAY.

    Expenses $124,030 · Revenue $540

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Napoleon Carroll

    PRESIDENT

    Total calculated
    $100,000
    From this org
    $80,100
    From related orgs
    $19,900
    Other
    $0
    Hours/week
    35

  • Trevor Belden

    FOUNDATION C

    Total calculated
    $0
    Hours/week
    1

  • Kate Broshears

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joe Pellman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Becca Schmiegel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Brittany Crone

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nikki Kirk

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Chris Hicks

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lexie Seward

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jenny Cash

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
11 November 2025
IRS schema version
2024v5.0
Source object
202513189349305791

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