Indianapolis Cars And Coffee Inc is located in Speedway, IN. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indianapolis Cars And Coffee Inc 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, Indianapolis Cars And Coffee Inc generated $82.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 18.9% each year . All expenses for the organization totaled $80.7k during the year ending 12/2023. While expenses have increased by 15.7% per year over the past 2 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
WE PARTNER WITH LOCAL BUSINESSES AND OTHER MISSION-DRIVEN ORGANIZATIONS TO HOST CAR-RELATED EVENTS AROUND THE GREATER INDIANAPOLIS AREA THAT CREATE A SAFE AND MEMORABLE EXPERIENCE AND PROVIDE REVENUE SOURCES FOR OTHER ORGANIZATIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Henry Executive Di | 2 | $0 | |
Cole Mccardel Board Member | 2 | $0 | |
Drew Yagodnik Board Member | 2 | $0 | |
Derek Hughes Board Member | 2 | $0 | |
Molly Horstmann Board Member | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,020 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $82,744 |
| 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 | $3,240 |
| Occupancy, rent, utilities, and maintenance | $2,350 |
| Printing, publications, postage, and shipping | $34 |
| Other expenses | $10,080 |
| Total expenses | $80,704 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,931 |
| Other assets | $0 |
| Total assets | $13,426 |
| Total liabilities | $0 |
| Net assets or fund balances | $13,426 |