Central Indiana Health Associationinc
Central Indiana Health Association Inc. maintains strong asset growth and reports zero officer compensation.
EIN: 208226797 · Lebanon, IN · NTEE: E11 · Updated: 2026-03-28
About Central Indiana Health Associationinc
Central Indiana Health Associationinc (EIN: 208226797) is a nonprofit organization based in Lebanon, IN, classified under NTEE code E11. The organization reported total revenue of $17.3M and total assets of $92.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Indiana Health Associationinc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Central Indiana Health Associationinc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Central Indiana Health Associationinc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Central Indiana Health Association Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is highly unusual for an organization of its size with assets exceeding $92 million and suggests a volunteer-led executive structure or that compensation is reported under other expense categories, though the latter is less likely given the consistent 0% reporting.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Central Indiana Health Associationinc's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data makes full spending efficiency assessment difficult.
Strengths
The following positive indicators were identified for Central Indiana Health Associationinc:
- Consistent reporting of 0% officer compensation, indicating strong commitment to mission over executive pay.
- Significant and consistent asset growth, from $25.8 million in 2014 to $92.3 million currently, demonstrating strong financial health and sustainability.
- Revenues generally exceed expenses in recent periods, indicating sound financial management.
- Low liabilities relative to assets, suggesting a healthy balance sheet.
Frequently Asked Questions about Central Indiana Health Associationinc
How does Central Indiana Health Association Inc. manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that executive functions are performed by staff whose compensation is categorized differently (e.g., program staff) and not specifically identified as 'officer compensation' on the 990 form. This is a notable characteristic for an organization of its financial scale.
What are the primary sources of Central Indiana Health Association Inc.'s significant asset growth?
The provided data shows substantial asset growth from $25.8 million in 2014 to over $92 million currently. This growth could be attributed to a combination of factors such as investment returns on existing assets, significant donations or grants, or accumulated surpluses from operations where revenues consistently exceed expenses.
What specific health programs does Central Indiana Health Association Inc. operate?
The NTEE code E11 indicates 'Hospitals & Primary Health Care Facilities'. While the filings confirm its financial activity, the specific programs are not detailed in the provided summary. Further investigation into their website or full 990 filings would be needed to identify their exact health initiatives.
Filing History
IRS 990 filing history for Central Indiana Health Associationinc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Central Indiana Health Associationinc's revenue has grown by 539.3%, moving from $355K to $2.3M. Total assets increased by 13807.9% over the same period, from $631K to $87.8M. Total functional expenses rose by 226.3%, from $210K to $685K. In its most recent filing year (2023), Central Indiana Health Associationinc reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $87.8M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $86.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $685K | $87.8M | $1.5M | — | — |
| 2022 | $1.7M | $739K | $82.2M | $2.1M | — | View 990 |
| 2021 | $1.8M | $841K | $90.6M | $2.9M | — | View 990 |
| 2020 | $1.6M | $814K | $88.3M | $3.0M | — | View 990 |
| 2019 | $2.1M | $868K | $82.9M | $3.8M | — | View 990 |
| 2018 | $1.7M | $933K | $67.1M | $3.6M | — | View 990 |
| 2017 | $3.9M | $2.0M | $60.5M | $3.7M | — | — |
| 2016 | $3.0M | $1.3M | $53.5M | $836K | — | View 990 |
| 2015 | $936K | $300K | $35.7M | $36K | — | View 990 |
| 2014 | $309K | $268K | $25.8M | $9K | — | View 990 |
| 2013 | $542K | $471K | $799K | $26K | — | View 990 |
| 2012 | $407K | $354K | $735K | $32K | — | View 990 |
| 2011 | $357K | $328K | $696K | $46K | — | View 990 |
| 2010 | $355K | $210K | $631K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $685K, and assets of $87.8M (revenue +35.5% year-over-year).
- 2022: Revenue of $1.7M, expenses of $739K, and assets of $82.2M (revenue -8.6% year-over-year).
- 2021: Revenue of $1.8M, expenses of $841K, and assets of $90.6M (revenue +14.6% year-over-year).
- 2020: Revenue of $1.6M, expenses of $814K, and assets of $88.3M (revenue -23.4% year-over-year).
- 2019: Revenue of $2.1M, expenses of $868K, and assets of $82.9M (revenue +24.6% year-over-year).
- 2018: Revenue of $1.7M, expenses of $933K, and assets of $67.1M (revenue -57.5% year-over-year).
- 2017: Revenue of $3.9M, expenses of $2.0M, and assets of $60.5M (revenue +31.6% year-over-year).
- 2016: Revenue of $3.0M, expenses of $1.3M, and assets of $53.5M (revenue +220.4% year-over-year).
- 2015: Revenue of $936K, expenses of $300K, and assets of $35.7M (revenue +203.3% year-over-year).
- 2014: Revenue of $309K, expenses of $268K, and assets of $25.8M (revenue -43.1% year-over-year).
- 2013: Revenue of $542K, expenses of $471K, and assets of $799K (revenue +33.3% year-over-year).
- 2012: Revenue of $407K, expenses of $354K, and assets of $735K (revenue +13.9% year-over-year).
- 2011: Revenue of $357K, expenses of $328K, and assets of $696K (revenue +0.6% year-over-year).
- 2010: Revenue of $355K, expenses of $210K, and assets of $631K.
Data Sources and Methodology
This transparency report for Central Indiana Health Associationinc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.