Nine 13 Inc

Nonprofit profile at a glance

EIN
464393798
IRS 990 coverage
2016–2024
Forms available
Form 990 2024, Form 990-EZ 2015, Form 990-N 2013
Location
Indianapolis, IN, USA
Phone
3177353121
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Recreation& Sports N.E.C.

Official website

Reported finances

Revenue
$1,024,820
Expenses
$953,537
Assets
$3,584,527
Liabilities
$1,163,760

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

Leadership & pay

9 people listed

Executive titles in this filing

  • Tom Hanley (CEO)

Highest reported compensation

  • Tom Hanley (CEO): $98,000 total reported compensation
  • Aryn Coomes (COO): $74,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Nine 13 Inc is a nonprofit organization that promotes education, health, wellness, and community support using the bicycle as the ultimate equalizer and food as the ultimate community connection.

What it reported doing in 2024

To covid where nine13 was enlisted to assist with home food delivery for a brand new program in response to covid. The organization serves indianapolis by bringing food to the door steps of after the launch of the nine 13 logistics division in 2020 in response residents that cannot seek assistance at a traditional food pantry. Additionally, it assists dozens of community centers across indianapolis with logistical support and management of their neighborhood food programs. This division became a permanent part of our operations model in 2021 as we continue to work alongside local food agencies providing support services for our community. The cross collaboration between our two divisions continues to focus on creating healthy and active lifestyles through education based in physical activity, stem, and nutritional

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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 86
  • Accountability: 91
  • Sustainability: 54
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.6%; rating input score 82
  • Program expense ratio: 87.6%; rating input score 88
  • Fundraising efficiency: $17.3 raised per $1 spent on fundraising; rating input score 54; 54th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 12th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 7%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 3.76; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: 0.32; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 18%; rating input score 17; 17th percentile among comparable filings

Growth

  • Program expense growth: 14.2% per year; rating input score 100; 74th percentile among comparable filings
  • Revenue growth: 15.6% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 33.9% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 81.6% of revenue deployed · 87.6% of spending went to programs
  • Governance: 7 of 7 board members independent · 7 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $835K in reported program spending
  • Leadership: top reported pay $98K · 9 people listed
  • Consistency: 40 of 41 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 8 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 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: Fundraising efficiency scored 54/100.
  • Review — Sustainability: Operating margin scored 55/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 17/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.