Unite Indy Inc
Nonprofit profile at a glance
- EIN
- 814675693
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024
- Location
- Indianapolis, IN, USA
- Phone
- 3174574300
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Interfaith Coalitions
- Affiliation
- Interfaith
Reported finances
- Revenue
- $975,064
- Expenses
- $954,114
- Assets
- $554,983
- Liabilities
- $404,402
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- JAMES COTTERILL (PRESIDENT)
- NANCY COTERRILL (EXECUTIVE VICE PRESIDENT)
- ROBERT WHITING (VICE PRESIDENT)
Highest reported compensation
- NANCY COTERRILL (EXECUTIVE VICE PRESIDENT): $62,916 total reported compensation
- ROBERT WHITING (VICE PRESIDENT): $57,916 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To reduce recidivism and rebuild lives through the dignity of work.
What it reported doing in 2024
Transportaionwe help their transition by providing transportation in 15-passenger vans for as long as they need a ride to and from work.trainingwe provide a job preparation training course to those preparing for release from long term incarceration and we assign a champion (mentor) to walk alongside each.connectingwe connect our graduates to employers willing to offer second chances directly through our champions as well as via our website, 2ndchancein.com. We also make the website available to others with criminal records so that they can conduct job searches and apply online. And, we address the no. 1 obstacle to keeping a job - the lack of affordable, dependable transportation - by providing transportation at no charge to and from work on a daily basis.empoweringthrough our champions and 24/7 access to our network of wrap around service providers, we enable ex-offenders to eventually chart their own course for a successful life.raising awarenesswe work to raise awareness of the needs of those in our community through print, broadcast, and social media. We believe that humans are born hard-wired to be compassionate and generous, but too often we're innocently ignorant of the needs of our own neighbors. And, we believe that, once these needs are brought to our attention, the community will spring into action to make a difference together.
Operating model
- Revenue model
- Grant-funded. 91% of the money available for current operations came from government grants.
- 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 92
- Accountability: 60
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.6%; rating input score 94
- Program expense ratio: 95.6%; rating input score 96
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: 66.7%; rating input score 67; 14th percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.1%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 0.58; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 0.73; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 12.7%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: 31.8% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: 31.5% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 39.8% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 93.6% of revenue deployed · 95.6% of spending went to programs
- Governance: 2 of 3 board members independent · 4 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $912K in reported program spending
- Leadership: top reported pay $63K · 5 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 7 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Accountability: Governance controls: 4 of 8 not reported.
- Moderate — Sustainability: Operating margin scored 42/100.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- High — Sustainability: Liabilities to assets ratio scored 10/100.
- High — Sustainability: Officer compensation ratio scored 29/100.