Central Indiana Woodworkers Inc

Nonprofit profile at a glance

EIN
364558619
IRS 990-EZ coverage
2024–2024
Forms available
Form 990 2023, Form 990-EZ 2024, Form 990-N 2021
Location
Indianapolis, IN, USA
Rating
62
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Gift Distribution

Reported finances

Revenue
$52,116
Expenses
$53,928
Assets
$119,983
Liabilities
$12,184

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • Bill McCartney (President)
  • Jim Chrena (Past President)
  • Robert Decker (Vice President)
  • Tom Meeker (Vice President)
  • Pat Meyer (Vice President)
  • Dan Bruno (Vice President)

People named in this filing

  • Bill McCartney (President)
  • Jim Chrena (Past President)
  • Russ Hodges (Secretary)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of CIWW is to educate people interested in woodworking and other crafts by presentation of educational programs and demonstrations. CIWW also engages in charitable activities such as making toys and other items as gifts to the disadvantaged and schools in the community.

What it reported doing in 2024

Produced wooden toys boxes and related items for disadvantaged youths in the community. Items made were donated to nonprofit organizations and schools for ultimate distribution to children they support.

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 revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 58
  • Transparency & Controls: 75
  • Sustainability: 46
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59.6%; rating input score 60
  • Program expense ratio: 54.5%; rating input score 54

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 3rd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -3.5%; rating input score 38; 38th percentile among comparable filings
  • Total-asset coverage ratio: 2.22; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0.1; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -8.9% per year; rating input score 0; 26th percentile among comparable filings
  • Asset growth: 1.4% per year; rating input score 100; 44th percentile among comparable filings

Details

  • Where the money goes: 59.6% of revenue deployed · 54.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $29K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Review — Financial Efficiency: Program expense ratio scored 54/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 38/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.