Barnes & Thornburg Voluntary Employee Beneficiary Assocation
501(c)(9)
Only null% goes to programs Thin reserves Growing revenue
Barnes & Thornburg Voluntary Employee Beneficiary Assocation is a 501(c)(9) organization based in Indianapolis, Indiana, registered in 1994, with $26,470,697 in FY2024 revenue. CharityIndex grades it D.
11 S Meridian St, Indianapolis, IN, 46204 EIN 62-1514644 Since 1994
Revenue (FY2024)
$26.5M
▲ 4.0% vs prior year
Expenses (FY2024)
$28.9M
Net assets
-$3.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Barnes & Thornburg Voluntary Employee Beneficiary Assocation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -9% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Barnes & Thornburg Voluntary Employee Beneficiary Assocation: 0 mo reserves · -9% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Barnes & Thornburg Voluntary Employee Beneficiary Assocation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Barnes & Thornburg Voluntary Employee Beneficiary Assocation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 11 S Meridian St, Indianapolis, IN, 46204
- City
- Indianapolis
- State
- Indiana
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $15.0M (FY2013) to $26.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $9.2MNet assets -$3.3M
Operating margin
-9.0%
Spent more than it raised in the latest fiscal year.
Total assets
$5.9M
Total liabilities
$9.2M
Net assets
-$3.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $26,470,697▲4.0% | $28,860,761▲19.2% | -$3,297,959▼248% | $5,927,826▲20.6% | 990 |
| 2023 | $25,440,784▲23.0% | $24,210,886▲12.1% | -$946,886▲57.8% | $4,917,288▲103% | 990 |
| 2022 | $20,689,988▲12.4% | $21,605,125▲20.4% | -$2,243,546▼84.3% | $2,426,894▼35.5% | 990 |
| 2021 | $18,402,194▲8.2% | $17,947,636▼12.0% | -$1,217,588▲25.8% | $3,763,773▼8.8% | 990 |
| 2020 | $17,003,284▲3.8% | $20,403,159▲33.8% | -$1,641,358▼198% | $4,128,070▼11.8% | 990 |
| 2019 | $16,376,090▲5.1% | $15,250,341▼6.7% | $1,675,780▲312% | $4,682,083▲60.5% | 990 |
| 2018 | $15,578,132▲5.3% | $16,344,078▲18.9% | $406,643▼68.1% | $2,916,818▼3.1% | 990 |
| 2017 | $14,787,336▼14.5% | $13,744,542▼15.1% | $1,273,519▲452% | $3,010,863▲59.8% | 990 |
| 2016 | $17,286,976▲10.4% | $16,191,916▲1.1% | $230,725▲127% | $1,884,082▼0.5% | 990 |
| 2015 | $15,656,776▲2.6% | $16,014,140▲4.9% | -$864,335▼70.5% | $1,893,031▼18.2% | 990 |
| 2014 | $15,265,499▲1.6% | $15,260,296▲1.7% | -$506,971▲1.0% | $2,314,677▼15.7% | 990 |
| 2013 | $15,019,434 | $15,009,726▼0.4% | -$512,174▲1.9% | $2,746,872▲2.7% | 990 |
| 2012 | — | $15,075,902▲16.1% | -$521,882▼113% | $2,673,726▼9.0% | 990 |
| 2011 | — | $12,979,768▲30.2% | -$244,807▲79.8% | $2,938,334▲4.9% | 990 |
| 2010 | — | $9,969,586 | -$1,214,628 | $2,799,947 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Barnes & Thornburg Voluntary Employee Beneficiary Assocation a legitimate nonprofit?
- Yes. Barnes & Thornburg Voluntary Employee Beneficiary Assocation is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 62-1514644, based in Indianapolis, Indiana.
- What is Barnes & Thornburg Voluntary Employee Beneficiary Assocation's EIN?
- Barnes & Thornburg Voluntary Employee Beneficiary Assocation's Employer Identification Number (EIN) is 62-1514644.
- How much revenue does Barnes & Thornburg Voluntary Employee Beneficiary Assocation report?
- Barnes & Thornburg Voluntary Employee Beneficiary Assocation reported $26,470,697 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Barnes & Thornburg Voluntary Employee Beneficiary Assocation have?
- CharityIndex grades Barnes & Thornburg Voluntary Employee Beneficiary Assocation D, based on financial health (reserves and operating margin).
More nonprofits in Indianapolis
Explore more
Data for Barnes & Thornburg Voluntary Employee Beneficiary Assocation (EIN 62-1514644) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.