Troy Center is located in Columbia City, IN. The organization was established in 2014. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 07/2023, Troy Center employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Troy Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2023, Troy Center generated $994.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $763.8k during the year ending 07/2023. While expenses have increased by 5.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE YOUTH IN NORTHEAST INDIANA WITH THE EDUCATION, TOOLS AND SUPPORT NECESSARY FOR SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TROY CENTER SERVED 50 STUDENTS IN GRADES 6-12 FROM WHITLEY AND NOBLE COUNTIES DURING THE 2022-2023 SCHOOL YEAR.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Baker Executive Dir. | Trustee | 40 | $49,768 |
Michael Ott President | OfficerTrustee | 1 | $0 |
Dena Jacquay Vice President | OfficerTrustee | 1 | $0 |
Paula Worden Treasurer | OfficerTrustee | 1 | $0 |
Lindsey Grossnickle Secretary | OfficerTrustee | 1 | $0 |
James Heuer Director | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $41,693 |
| Related organizations | $0 |
| Government grants | $25,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $573,672 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $640,365 |
| Total Program Service Revenue | $288,136 |
| Investment income | $5,102 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $60,761 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $994,364 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $49,768 |
| Compensation of current officers, directors, key employees. | $5,972 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $522,909 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $45,013 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,525 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,768 |
| Advertising and promotion | $0 |
| Office expenses | $20,285 |
| Information technology | $5,887 |
| Royalties | $0 |
| Occupancy | $14,711 |
| Travel | $13,914 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,809 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,339 |
| Insurance | $16,469 |
| All other expenses | $0 |
| Total functional expenses | $763,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $162,321 |
| Savings and temporary cash investments | $600,000 |
| Pledges and grants receivable | $200,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $269,169 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,231,490 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1 |
| Total liabilities | $1 |
| Net assets without donor restrictions | $1,211,977 |
| Net assets with donor restrictions | $19,512 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,231,490 |