Boonville Now Inc
Nonprofit profile at a glance
- EIN
- 453422695
- IRS 990-EZ coverage
- 2017–2025
- Forms available
- Form 990 2016, Form 990-EZ 2025, Form 990-N 2015
- Location
- Boonville, IN, USA
- Phone
- 8123051300
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Economic Development
Reported finances
- Revenue
- $23,671
- Expenses
- $33,431
- Assets
- $141,804
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- TERRY PHILLIPE (PRESIDENT)
People named in this filing
- TERRY PHILLIPE (PRESIDENT)
- JIM MILLER (VICE PRESIDE)
- ROBERT ENGEL (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Boonville now is a community development corporation founded in 2011 to administer the strategic downtown redevelopment plan.
What it reported doing in 2025
Thru the funds raised, we were able to build a park, pavillion, war memorial and a gazebo in downtown boonville, contribute to the removal of blighted property and provide resources to the community to make it a great place to live, work and visit.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 100
- Sustainability: 37
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62.6%; rating input score 63
- Program expense ratio: 40.7%; rating input score 41
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -41.2%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 4.24; rating input score 81; 81st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -11% per year; rating input score 0; 27th percentile among comparable filings
- Revenue growth: -17% per year; rating input score 0; 17th percentile among comparable filings
- Asset growth: 10.3% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 62.6% of revenue deployed · 40.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $14K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2017 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Program expense ratio scored 41/100.
- High — Sustainability: Operating margin scored 14/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.