Indiana Constructors Inc
Indiana Constructors Inc. shows consistent asset growth and positive net income with no reported officer compensation.
EIN: 205329171 · Indianapolis, IN · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.4M |
| Total Expenses | $4.1M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $11.7M |
| Transparency Score | 85/100 |
Is Indiana Constructors Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Indiana Constructors Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Indiana Constructors Inc
Indiana Constructors Inc (EIN: 205329171) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code S41. The organization reported total revenue of $5.4M and total assets of $13.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Indiana Constructors Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Indiana Constructors Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.0M |
| Total Expenses | $4.1M |
| Surplus / Deficit | +$913K |
| Total Assets | $12.7M |
| Total Liabilities | $957K |
| Net Assets | $11.7M |
| Operating Margin | 18.1% |
| Debt-to-Asset Ratio | 7.5% |
| Months of Reserves | 36.9 months |
Financial Health Grade: A
In 2023, Indiana Constructors Inc reported a surplus of $913K with revenue exceeding expenses, holds 36.9 months of operating reserves (strong position), has a debt-to-asset ratio of 7.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Indiana Constructors Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.0% | +14.1% | +10.5% |
| 2022 | +9.1% | +23.6% | +8.7% |
| 2021 | +0.1% | -8.4% | +20.8% |
| 2020 | +6.3% | +2.8% | +13.3% |
| 2019 | +19.1% | +14.1% | +15.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Indiana Constructors Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Indiana Constructors Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $913K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with annual revenues exceeding $5 million and assets over $12 million. This suggests either a reliance on volunteer leadership, or that executive compensation is categorized under other expense lines, which could impact transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Indiana Constructors Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this size, potentially obscuring true executive costs.
Strengths
The following positive indicators were identified for Indiana Constructors Inc:
- Consistent revenue growth, increasing from $2,958,777 in 2014 to $5,040,059 in 2023.
- Strong asset accumulation, growing from $364,512 in 2014 to $12,685,348 in 2023, indicating robust financial health.
- Consistent positive net income, with revenues generally exceeding expenses, demonstrating sound financial management.
- Low liabilities relative to assets, indicating a strong balance sheet and low financial risk.
- NTEE code S41 (Business & Professional Associations) suggests a focus on industry support and development.
Frequently Asked Questions about Indiana Constructors Inc
Is Indiana Constructors Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Indiana Constructors Inc (EIN: 205329171) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Indiana Constructors Inc spend its money?
Indiana Constructors Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Indiana Constructors Inc tax-deductible?
Indiana Constructors Inc is registered as a tax-exempt nonprofit (EIN: 205329171). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Indiana Constructors Inc CEO make?
Indiana Constructors Inc's highest-compensated officer earns $5 annually. The organization reported $5.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Indiana Constructors Inc's spending goes to programs?
Indiana Constructors Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Indiana Constructors Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Indiana Constructors Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Indiana Constructors Inc located?
Indiana Constructors Inc is headquartered in Indianapolis, Indiana and files with the IRS under EIN 205329171. It is classified under NTEE code S41.
How many years of IRS 990 filings does Indiana Constructors Inc have?
Indiana Constructors Inc has 13 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 $5.4M in total revenue.
How does Indiana Constructors Inc. manage to report 0% officer compensation given its size and revenue?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with over $5 million in annual revenue and $12 million in assets. This could indicate that executive leadership is entirely volunteer-based, or that compensation for key management personnel is reported under different expense categories, which would warrant further investigation for complete transparency.
What are the specific program activities funded by Indiana Constructors Inc.?
The provided IRS 990 data does not detail specific program activities. To understand the impact and nature of their programs, one would need to review the full IRS 990 form, particularly Schedule O and Part III, Statement of Program Service Accomplishments.
What is the organization's strategy for managing its significant asset growth?
Indiana Constructors Inc. has shown remarkable asset growth, from $364,512 in 2014 to $12,685,348 in 2023. This consistent accumulation of assets suggests a strategy of building reserves, potentially for future projects, endowments, or long-term stability. The specific investment strategy would be detailed in their financial statements.
Filing History
IRS 990 filing history for Indiana Constructors Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Indiana Constructors Inc's revenue has grown by 75.4%, moving from $2.9M to $5.0M. Total assets increased by 1598.5% over the same period, from $747K to $12.7M. Total functional expenses rose by 42.7%, from $2.9M to $4.1M. In its most recent filing year (2023), Indiana Constructors Inc reported a surplus of $913K, with revenue exceeding expenses. The organization holds $957K in liabilities against $12.7M in assets (debt-to-asset ratio: 7.5%), resulting in net assets of $11.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.0M | $4.1M | $12.7M | $957K | — | View 990 |
| 2022 | $4.6M | $3.6M | $11.5M | $907K | — | View 990 |
| 2021 | $4.2M | $2.9M | $10.6M | $505K | — | — |
| 2020 | $4.2M | $3.2M | $8.7M | $186K | — | — |
| 2019 | $4.0M | $3.1M | $7.7M | $318K | — | View 990 |
| 2018 | $3.3M | $2.7M | $6.7M | $296K | — | View 990 |
| 2017 | $3.4M | $2.9M | $6.1M | $271K | — | View 990 |
| 2016 | $8.0M | $2.7M | $5.7M | $319K | — | View 990 |
| 2015 | $3.4M | $3.2M | $621K | $502K | — | View 990 |
| 2014 | $3.0M | $3.1M | $365K | $453K | — | View 990 |
| 2013 | $3.0M | $2.9M | $420K | $372K | — | View 990 |
| 2012 | $2.7M | $2.7M | $678K | $709K | — | View 990 |
| 2011 | $2.9M | $2.9M | $747K | $735K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.0M, expenses of $4.1M, and assets of $12.7M (revenue +9.0% year-over-year).
- 2022: Revenue of $4.6M, expenses of $3.6M, and assets of $11.5M (revenue +9.1% year-over-year).
- 2021: Revenue of $4.2M, expenses of $2.9M, and assets of $10.6M (revenue +0.1% year-over-year).
- 2020: Revenue of $4.2M, expenses of $3.2M, and assets of $8.7M (revenue +6.3% year-over-year).
- 2019: Revenue of $4.0M, expenses of $3.1M, and assets of $7.7M (revenue +19.1% year-over-year).
- 2018: Revenue of $3.3M, expenses of $2.7M, and assets of $6.7M (revenue -0.6% year-over-year).
- 2017: Revenue of $3.4M, expenses of $2.9M, and assets of $6.1M (revenue -58.1% year-over-year).
- 2016: Revenue of $8.0M, expenses of $2.7M, and assets of $5.7M (revenue +137.2% year-over-year).
- 2015: Revenue of $3.4M, expenses of $3.2M, and assets of $621K (revenue +14.3% year-over-year).
- 2014: Revenue of $3.0M, expenses of $3.1M, and assets of $365K (revenue +0.0% year-over-year).
- 2013: Revenue of $3.0M, expenses of $2.9M, and assets of $420K (revenue +9.9% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.7M, and assets of $678K (revenue -6.3% year-over-year).
- 2011: Revenue of $2.9M, expenses of $2.9M, and assets of $747K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Indiana Constructors Inc:
Data Sources and Methodology
This transparency report for Indiana Constructors Inc 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.