STRATEGY STUDIO / PUBLIC DATA EXPLORER

INDIANA VETERAN INITIATIVE INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
INDIANA VETERAN INITIATIVE INC (EIN 84-4985136)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-04-03
IRS object ID
202630939349300028
Schema version
2024v5.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-04-03T13:33:24-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN352123203PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KSM BUSINESS SERVICES INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 40857AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46240ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN844985136EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INDIANA VETERAN INITIATIVE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlINDIBusinessNameControlTxt
Phone3175594011PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1777 N MERIDIAN ST 125AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSARAH HARRISONPersonNm
Person TitleCEOPersonTitleTxt
Phone3175594011PhoneNum
Signature2026-04-02SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCASSE TATEPreparerPersonNm
PTINP01271193PTIN
Phone3175802000PhoneNum
Preparation2026-04-02PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1INVETSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerSARAH HARRISONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1777 N MERIDIAN ST 125AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,334,119GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://WWW.INVETS.ORG/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2020FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionINVETS IS AN ORGANIZATION THAT HELPS TRANSITIONING SERVICE MEMBERS, VETERANS AND THEIR FAMILIES CONNECT WITH CAREERS, RESOURCES AND COMMUNITIES IN INDIANA. RESOURCES INCLUDING INFORMATION ABOUT FINANCIAL INCENTIVES, CAREER PLANNING, EDUCATION, AND TRAINING ARE OFFERED TO HELP VETERANS AND FAMILIES TRANSITION TO THE CIVILIAN WORLD.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee21TotalEmployeeCnt
Total Volunteers14TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,807,354PYContributionsGrantsAmt
CY Contributions Grants$2,327,266CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$7,851PYInvestmentIncomeAmt
CY Investment Income$6,853CYInvestmentIncomeAmt
PY Other Revenue-$1,374PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,813,831PYTotalRevenueAmt
CY Total Revenue$2,334,119CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,062,939PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,283,544CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$70,257CYTotalFundraisingExpenseAmt
PY Other Expenses$699,477PYOtherExpensesAmt
CY Other Expenses$974,745CYOtherExpensesAmt
PY Total Expenses$1,762,416PYTotalExpensesAmt
CY Total Expenses$2,258,289CYTotalExpensesAmt
PY Revenues Less Expenses$51,415PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$75,830CYRevenuesLessExpensesAmt
Total Assets BOY$767,813TotalAssetsBOYAmt
Total Assets EOY$776,164TotalAssetsEOYAmt
Total Liabilities BOY$489,451TotalLiabilitiesBOYAmt
Total Liabilities EOY$421,972TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$278,362NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$354,192NetAssetsOrFundBalancesEOYAmt
MissionPARTNERING WITH VETERANS, THEIR FAMILIES, INDIANA EMPLOYERS, AND COMMUNITIES TO FACILITATE A MEANINGFUL TRANSITION TO CIVILIAN LIFE WHILE STRENGTHENING INDIANA'S ECONOMY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,715,689ExpenseAmt
DescPUBLIC EDUCATION AND PROGRAMMING INCLUDING RESOURCES SUCH AS INFORMATION ABOUT FINANCIAL INCENTIVES, CAREER PLANNING, EDUCATION AND TRAINING.Desc
Total Program Service Expenses$1,715,689TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee21EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SARAH HARRISONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3175594011PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1777 N MERIDIAN STREET SUITE 125AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MARVIN BLADE
CHAIR1.00Yes (X)Yes (X)$0$0$0
KRISTAL PAINTER
VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
LUIS AJU
TREASURER1.00Yes (X)Yes (X)$0$0$0
LEE LEWELLEN
SECRETARY1.00Yes (X)Yes (X)$0$0$0
ANNE VALENTINE
BOARD MEMBER1.00Yes (X)$0$0$0
NICK DARRAH
BOARD MEMBER1.00Yes (X)$0$0$0
FIORELLA GAMBETTA-GIBSON
BOARD MEMBER1.00Yes (X)$0$0$0
HEATHER ENNIS
BOARD MEMBER1.00Yes (X)$0$0$0
KELLY FRIEND
BOARD MEMBER AS OF 12/241.00Yes (X)$0$0$0
AMY HOWELL
BOARD MEMBER AS OF 4/251.00Yes (X)$0$0$0
KEVIN PAVNICA
BOARD MEMBER AS OF 4/251.00Yes (X)$0$0$0
DAVID DOUGLASS
BOARD MEMBER THRU 04/251.00Yes (X)$0$0$0
ELAINE BEDEL
BOARD MEMBER THRU 04/251.00Yes (X)$0$0$0
DENNIS WIMER
BOARD MEMBER THRU 01/251.00Yes (X)$0$0$0
BLAINE ZIMMERMAN
CEO THRU 8/9/2440.00Yes (X)$76,833$0$2,824
SARAH HARRISON
CEO40.00Yes (X)$115,585$0$10,055
FieldValueIRS element (for citing)
Total Reportable Comp From Org$192,418TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$12,879TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$2,111,205GovernmentGrantsAmt
All Other Contributions$216,061AllOtherContributionsAmt
Total Contributions$2,327,266TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,853TotalRevenueColumnAmt
Exclusion$6,853ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,334,119TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$6,853ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$143,343TotalAmt
Program Services$112,877ProgramServicesAmt
Management And General$22,942ManagementAndGeneralAmt
Fundraising$7,524FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$949,010TotalAmt
Program Services$747,306ProgramServicesAmt
Management And General$151,889ManagementAndGeneralAmt
Fundraising$49,815FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$11,641TotalAmt
Program Services$9,167ProgramServicesAmt
Management And General$1,863ManagementAndGeneralAmt
Fundraising$611FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$88,210TotalAmt
Program Services$69,462ProgramServicesAmt
Management And General$14,118ManagementAndGeneralAmt
Fundraising$4,630FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$91,340TotalAmt
Program Services$71,926ProgramServicesAmt
Management And General$14,619ManagementAndGeneralAmt
Fundraising$4,795FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$87,679TotalAmt
Management And General$87,679ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$33,460TotalAmt
Management And General$33,460ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$17,210TotalAmt
Management And General$17,210ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$38,636TotalAmt
Program Services$38,636ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$33,909TotalAmt
Management And General$33,909ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$243,927TotalAmt
Program Services$232,155ProgramServicesAmt
Management And General$10,430ManagementAndGeneralAmt
Fundraising$1,342FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$50,688TotalAmt
Management And General$50,688ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$7,704TotalAmt
Management And General$7,704ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmtManagement And GeneralManagementAndGeneralAmt
COMMUNICATION AND EDUCA$434,836$434,160$676
TRAINING$15,416$15,416
MEALS AND ENTERTAINMENT$11,280$864$10,416

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,258,289TotalAmt
Program Services$1,715,689ProgramServicesAmt
Management And General$472,343ManagementAndGeneralAmt
Fundraising$70,257FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$209,909BOYAmt
EOY$130,392EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$292,910BOYAmt
EOY$529,289EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$123,453BOYAmt
EOY$12,189EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$246,628LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$182,397LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$81,447BOYAmt
EOY$64,231EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$60,094BOYAmt
EOY$40,063EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$767,813BOYAmt
EOY$776,164EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$79,357BOYAmt
EOY$31,909EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$410,094BOYAmt
EOY$390,063EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$489,451BOYAmt
EOY$421,972EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$278,362BOYAmt
EOY$354,192EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$278,362BOYAmt
EOY$354,192EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$767,813BOYAmt
EOY$776,164EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$75,830ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$418,249CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,163,801CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,205,710CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,807,354CurrentTaxYearMinus1YearAmt
Current Tax Year$2,327,266CurrentTaxYearAmt
Total$6,922,380TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$418,249CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,163,801CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,205,710CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,807,354CurrentTaxYearMinus1YearAmt
Current Tax Year$2,327,266CurrentTaxYearAmt
Total$6,922,380TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$6,922,380PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$48CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$137CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,611CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,851CurrentTaxYearMinus1YearAmt
Current Tax Year$6,853CurrentTaxYearAmt
Total$18,500TotalAmt
FieldValueIRS element (for citing)
Total Support$6,940,880TotalSupportAmt
Public Support CY1700.99730PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$93,607OtherCostOrOtherBasisAmt
Depreciation$62,431DepreciationAmt
Book Value$31,176BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$153,021OtherCostOrOtherBasisAmt
Depreciation$119,966DepreciationAmt
Book Value$33,055BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$64,231TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescRIGHT OF USE ASSETDesc
Book Value$40,063BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$40,063TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
UNEARNED REVENUE$350,000
LEASE LIABILITY$40,063
FieldValueIRS element (for citing)
Total Liability$390,063TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,334,119TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$2,334,119RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,334,119TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,258,289TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,258,289ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,258,289TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationINVETS IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSES, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE IRC. THERE WAS NO INCOME TAX EXPENSE ON UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2025 AND 2024. INVETS FILES U.S. FEDERAL AND STATE OF INDIANA INFORMATION AND INCOME TAX RETURNS. INVETS IS SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE FISCAL YEARS BEFORE 2022. MANAGEMENT BELIEVES THAT INVETS' INCOME TAX FILING POSITIONS WILL BE SUSTAINED ON AUDIT AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WILL RESULT IN MATERIAL CHANGE.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART V, LINE 2INDIANA VETERANS INITIATIVE HAD 21 EMPLOYEES DURING THE FISCAL YEAR. INDIANA VETERANS INITIATIVE UTILIZES A PROFESSIONAL EMPLOYER ORGANIZATION, WHICH FILES THE W-3 ON THEIR BEHALF.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 WILL BE SENT TO TREASURER FOR INITIAL REVIEW, THEN EXECUTIVE COMMITTEE FOR APPROVAL, FOLLOWED BY THE ENTIRE BOARD FOR FINAL REVIEW.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS REVEIWED WITH ALL EMPLOYEES AND BOARD MEMBERS ANNUALLY.
FORM 990, PART VI, SECTION B, LINE 15THE PERFORMANCE AND COMPENSATION OF KEY EMPLOYEES ARE REVIEWED, ANALYZED AND SET BY THE BOARD OF DIRECTORS, WHICH USES COMPARABLES TO THE COMPENSATION OF OTHER ORGANIZATIONS BY REVIEW OF THE 990 FROM SIMILAR ORGANIZATIONS. THE CEO'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS AND REVIEWED ON A FISCAL YEAR.
FORM 990, PART VI, SECTION C, LINE 18UPON REQUEST
FORM 990, PART VI, SECTION C, LINE 19DOCUMENTS ARE AVAILABLE UPON REQUEST.
PART XII, LINE 2CTHE OVERSIGHT OF THE AUDIT HAS NOT CHANGED SINCE THE PRIOR YEAR.