1st Source Bank Foundation Inc
South Bend, Indiana
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,976,578โ27% | $2,291,798โ5% | $33,597,071โ2% | |
| 2022 | $2,334,993โ57% | $2,406,487โ10% | $32,901,547 | โ |
| 2021 | $5,399,779โ101% | $2,189,584โ10% | $32,972,907โ11% | โ |
| 2020 | $2,687,641โ75% | $1,981,961โ6% | $29,771,285โ2% | โ |
| 2019 | $1,534,350โ78% | $1,877,655โ20% | $29,090,432โ74% | โ |
| 2015 | $7,065,210โ139% | $1,568,039โ29% | $16,698,545โ59% | โ |
| 2014 | $2,962,068โ314% | $1,215,437โ1% | $10,531,617โ20% | โ |
| 2013 | $716,273โ39% | $1,199,337โ28% | $8,783,435โ5% | โ |
| 2012 | $1,171,088โ633% | $934,630โ4% | $9,232,916โ2% | โ |
| 2011 | $159,732 | $895,508 | $9,027,643 | โ |
Frequently Asked Questions
What does 1st Source Bank Foundation Inc do?โผ
1st Source Bank Foundation Inc is a unclassified nonprofit organization based in Indiana. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is 1st Source Bank Foundation Inc financially healthy?โผ
Based on our 9-metric Financial Health Score model, 1st Source Bank Foundation Inc has a score of 60/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does 1st Source Bank Foundation Inc generate?โผ
Revenue data for 1st Source Bank Foundation Inc is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.
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