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Heart of the Tree City Inc

EIN 30-0339717 · Greensburg, IN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong95 out of 100GovernanceStrong91 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

DOWNTOWN REVITALIZATION/HISTORIC PRESERVATION

Income
$410,847
Spending
$314,255
Spent on programs
98%
Reserves
19.6 months of spending
Largest source of income
government grants, 78%
Employees
2
Highest pay
$47,904, executive di

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 95 out of 100. Higher than 86% of charities in its peer group (community improvement, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 19.6 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 24% of income.

  • Income trend

    10 of 15

    Income fell 1% on the year before.

  • Spending floor

    15 of 15

    98% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 91 out of 100. Higher than 75% of charities in its peer group (community improvement, $250k to $1m).

  • Independent board

    25 of 25

    10 of 10 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)
  1. $288,834 spent. BEAUTIFICATION OF THE DOWNTOWN DISTRICT, INCLUDING CLEAN-UP AND LANDSCAPING OF THE DOWNTOWN DISTRICT, AS WELL AS IMPROVEMENTS TO BUILIDNG FACADES. PERSONS BENEFITING: 10,000+ (POPULATION)
  2. $14,747 spent. HOLIDAY WALK - HOLIDAY RELATED EVENS COORDINATED WITH SHOPPING PROMOTIONAL ATTRACTIONS, AND A PARADE TO DRAW THE COMMUNITY TO THE CITY CENTER.
  3. TREE CITY FALL FESTIVAL - AN ANNUAL EVENT BRINGING VENDOR AND FOOD LOVERS FROM ACROSS THE STATE TO THE DOWNTOWN DISTRICT.
  4. $3,025 spent. ORGANIZE AND OPERATE THE GREENSBURG/DECATUR COUNTY FARMER'S MARKET DURING THE SUMMER AND WINTER SEASON IN ORDER TO BRING CITIZENS TO THE CITY CENTER AND PROVIDE A MEANS OF INCOME FOR THE ENTIRE COUNTY. PERSONS BENEFITING: AN ESTIMATED AVERAGE OF 500 PER WEEK.
  5. ORGANIZE AND OPERATE THE GREENSBURG/DECATUR COUNTY FARMER'S MARKET DURING THE SUMMER AND WINTER SEASON IN ORDER TO BRING CITIZENS TO THE CITY CENTER AND PROVIDE A MEANS OF INCOME FOR THE ENTIRE COUNTY. PERSONS BENEFITING: AN ESTIMATED AVERAGE OF 500 PER WEEK.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 2005.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.