Certified Indiana Bred Incorporated is located in Indianapolis, IN. The organization was established in 2016. According to its NTEE Classification (O52) the organization is classified as: Youth Development - Agricultural, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Certified Indiana Bred Incorporated 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 12/2023, Certified Indiana Bred Incorporated generated $99.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $80.7k during the year ending 12/2023. While expenses have increased by 1.2% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE AND IMPROVE YOUTH INVOLVEMENT AND EDUCATON IN RELATION TO INDIANA BORN AND BRED PUREBRED LIVESTOCK. DURING 2023, 135 INDIANA YOUTH AGED 9-18 YEARS RECEIVED AWARDS OF $500 OR $1,000.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Taylor Chairman | 1 | $0 | |
Nathan Day Director | 1 | $0 | |
Annie Grinstead Director | 1 | $0 | |
Whitney Hendricks Director | 1 | $0 | |
Terry Shaffer Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,150 |
| Total Program Service Revenue | $71,150 |
| Membership dues | $0 |
| Investment income | $106 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $99,406 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,675 |
| Other expenses | $4,074 |
| Total expenses | $80,749 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,681 |
| Other assets | $0 |
| Total assets | $34,681 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,681 |