Indiana Afterschool Network
EIN: 465592573 · Indianapolis, IN · NTEE: B94
| Metric | Value |
|---|---|
| Total Revenue | $11.6M |
| Total Expenses | $1.6M |
| Net Assets | $1.5M |
Is Indiana Afterschool Network Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Indiana Afterschool Network
Indiana Afterschool Network (EIN: 465592573) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code B94. The organization reported total revenue of $11.6M and total assets of $11.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Indiana Afterschool Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Indiana Afterschool Network is a large nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-409,329 |
| Total Assets | $1.8M |
| Total Liabilities | $331K |
| Net Assets | $1.5M |
| Operating Margin | -34.8% |
| Debt-to-Asset Ratio | 18.1% |
| Months of Reserves | 13.9 months |
Financial Health Grade: B
In 2023, Indiana Afterschool Network reported a deficit of $409K with expenses exceeding revenue, holds 13.9 months of operating reserves (strong position), has a debt-to-asset ratio of 18.1% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Indiana Afterschool Network's revenue has declined at a compound annual growth rate (CAGR) of -3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -87.5% | -82.9% | -16.6% |
| 2022 | +92.3% | +91.3% | -89.2% |
| 2021 | +363.1% | +416.1% | +1064.3% |
| 2020 | -9.0% | -8.6% | +7.1% |
| 2019 | -0.1% | -1.8% | +20.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Indiana Afterschool Network has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Indiana Afterschool Network with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $409K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.1%.
Frequently Asked Questions about Indiana Afterschool Network
Is Indiana Afterschool Network a legitimate charity?
Based on AI analysis of IRS 990 filings, Indiana Afterschool Network (EIN: 465592573) insufficient data. 0 red flags identified, 0 strengths noted.
How does Indiana Afterschool Network spend its money?
Detailed spending breakdown data is not yet available for Indiana Afterschool Network. Check back for updated IRS 990 analysis.
Are donations to Indiana Afterschool Network tax-deductible?
Indiana Afterschool Network is registered as a tax-exempt nonprofit (EIN: 465592573). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Indiana Afterschool Network located?
Indiana Afterschool Network is headquartered in Indianapolis, Indiana and files with the IRS under EIN 465592573. It is classified under NTEE code B94.
How many years of IRS 990 filings does Indiana Afterschool Network have?
Indiana Afterschool Network has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $11.6M in total revenue.
Filing History
IRS 990 filing history for Indiana Afterschool Network showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Indiana Afterschool Network's revenue has declined by 27.4%, moving from $1.6M to $1.2M. Total assets increased by 45% over the same period, from $1.3M to $1.8M. Total functional expenses rose by 46.1%, from $1.1M to $1.6M. In its most recent filing year (2023), Indiana Afterschool Network reported a deficit of $409K, with expenses exceeding revenue. The organization holds $331K in liabilities against $1.8M in assets (debt-to-asset ratio: 18.1%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.6M | $1.8M | $331K | — | — |
| 2022 | $9.4M | $9.2M | $2.2M | $287K | — | View 990 |
| 2021 | $4.9M | $4.8M | $20.4M | $18.7M | — | View 990 |
| 2020 | $1.1M | $936K | $1.8M | $889K | — | — |
| 2019 | $1.2M | $1.0M | $1.6M | $893K | — | View 990 |
| 2018 | $1.2M | $1.0M | $1.4M | $749K | — | View 990 |
| 2017 | $1.0M | $1.0M | $1.4M | $942K | — | View 990 |
| 2016 | $946K | $1.1M | $1.3M | $840K | — | View 990 |
| 2015 | $1.2M | $974K | $1.1M | $431K | — | View 990 |
| 2014 | $1.6M | $1.1M | $1.3M | $42K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.6M, and assets of $1.8M (revenue -87.5% year-over-year).
- 2022: Revenue of $9.4M, expenses of $9.2M, and assets of $2.2M (revenue +92.3% year-over-year).
- 2021: Revenue of $4.9M, expenses of $4.8M, and assets of $20.4M (revenue +363.1% year-over-year).
- 2020: Revenue of $1.1M, expenses of $936K, and assets of $1.8M (revenue -9.0% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.0M, and assets of $1.6M (revenue -0.1% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.0M, and assets of $1.4M (revenue +12.5% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.0M, and assets of $1.4M (revenue +9.0% year-over-year).
- 2016: Revenue of $946K, expenses of $1.1M, and assets of $1.3M (revenue -19.1% year-over-year).
- 2015: Revenue of $1.2M, expenses of $974K, and assets of $1.1M (revenue -27.8% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.1M, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Indiana Afterschool Network:
Data Sources and Methodology
This transparency report for Indiana Afterschool Network is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.