Logan's Landing

Legal name: Logan's Landing Association Inc

Nonprofit profile at a glance

EIN
351998811
IRS 990-EZ coverage
2016–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2018, Form 990-EZ 2024
Location
Logansport, IN, US
Phone
(574) 722-9345
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Official website

Reported finances

Revenue
$92,522
Expenses
$78,798
Assets
$131,836
Liabilities
$866

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

Leadership & pay

11 people listed

Executive titles in this filing

  • Teresa Brazzle (Executive Director)
  • Sandi Korreckt (President)

People named in this filing

  • Teresa Brazzle (Executive Director)
  • Sandi Korreckt (President)
  • Kelly Rich (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

Logan's Landing is a non-profit organization committed to revitalizing Cass County's downtown where two rivers meet. Our mission is to create a thriving business environment, a fulfilling residential area, and an engaging destination for visitors.

What it reported doing in 2024

Continued from Line 30This years activites included: Celebrate Logansport. This is an annual event that celebrates Logansports birthday. We sell strawberry shortcake on site and deliver to local businesses. There are kids activies, music and food. We have scarecrow row, where the community gets to vote on their favorite scarecrow that is displayed downtown. Downtown Spooktackular provides trick or treating from downtown businesses in conjunction with the annual parade. These are just a few of our events. We have numerous businesses join in and over 1,000 community members attended the various events. We also have green & clean day, which is a day the community gets together to clean up the downtown area after the winter weather.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
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 available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 100
  • Sustainability: 54
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 50.4%; rating input score 50
  • Program expense ratio: 57.5%; rating input score 58

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 14.8%; rating input score 68; 68th percentile among comparable filings
  • Total-asset coverage ratio: 1.67; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 42.5%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: 1.8% per year; rating input score 100; 54th percentile among comparable filings
  • Revenue growth: -1.4% per year; rating input score 0; 46th percentile among comparable filings
  • Asset growth: -0.6% per year; rating input score 0; 36th percentile among comparable filings

Details

  • What they do: 5 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 50.4% of revenue deployed · 57.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $45K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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: Mission deployment rate scored 50/100.
  • Review — Financial Efficiency: Program expense ratio scored 58/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.