Indiana Cpa Educational Foundation Inc
EIN: 356050182 · Indianapolis, IN
| Metric | Value |
|---|---|
| Total Revenue | $300K |
| Total Expenses | $120K |
| Net Assets | $337K |
Is Indiana Cpa Educational Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Indiana Cpa Educational Foundation Inc
Indiana Cpa Educational Foundation Inc (EIN: 356050182) is a nonprofit organization based in Indianapolis, IN. The organization reported total revenue of $300K and total assets of $512K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Indiana Cpa Educational Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Indiana Cpa Educational Foundation Inc is a small nonprofit that has been operating for 60 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 16.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $120K |
| Surplus / Deficit | $-35,242 |
| Total Assets | $427K |
| Total Liabilities | $89K |
| Net Assets | $337K |
| Operating Margin | -41.7% |
| Debt-to-Asset Ratio | 20.9% |
| Months of Reserves | 42.8 months |
Financial Health Grade: B
In 2023, Indiana Cpa Educational Foundation Inc reported a deficit of $35K with expenses exceeding revenue, holds 42.8 months of operating reserves (strong position), has a debt-to-asset ratio of 20.9% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Indiana Cpa Educational Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.6% | +2.7% | +9.7% |
| 2022 | +338.8% | +373.1% | -0.6% |
| 2021 | -74.1% | -52.3% | +7.5% |
| 2020 | +24.0% | -10.2% | +1030.1% |
| 2019 | -1.9% | +17.4% | -24.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1966 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Indiana Cpa Educational Foundation Inc 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 Cpa Educational Foundation Inc 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 $35K, with expenses exceeding revenue.
- Debt-to-asset ratio: 20.9%.
Frequently Asked Questions about Indiana Cpa Educational Foundation Inc
Is Indiana Cpa Educational Foundation Inc a legitimate charity?
Indiana Cpa Educational Foundation Inc (EIN: 356050182) is a registered tax-exempt nonprofit based in Indiana. It has 12 years of IRS 990 filings on record. Total revenue: $300K. No red flags identified. Financial health grade: B.
How does Indiana Cpa Educational Foundation Inc spend its money?
Indiana Cpa Educational Foundation Inc reported $300K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Indiana Cpa Educational Foundation Inc tax-deductible?
Indiana Cpa Educational Foundation Inc is registered as a tax-exempt nonprofit (EIN: 356050182). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Indiana Cpa Educational Foundation Inc located?
Indiana Cpa Educational Foundation Inc is headquartered in Indianapolis, Indiana and files with the IRS under EIN 356050182.
How many years of IRS 990 filings does Indiana Cpa Educational Foundation Inc have?
Indiana Cpa Educational Foundation Inc has 12 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 $300K in total revenue.
Filing History
IRS 990 filing history for Indiana Cpa Educational Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Indiana Cpa Educational Foundation Inc's revenue has grown by 428.7%, moving from $16K to $84K. Total assets increased by 3468.2% over the same period, from $12K to $427K. Total functional expenses rose by 681.4%, from $15K to $120K. In its most recent filing year (2023), Indiana Cpa Educational Foundation Inc reported a deficit of $35K, with expenses exceeding revenue. The organization holds $89K in liabilities against $427K in assets (debt-to-asset ratio: 20.9%), resulting in net assets of $337K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $84K | $120K | $427K | $89K | — | View 990 |
| 2022 | $86K | $116K | $389K | $52K | — | View 990 |
| 2021 | $20K | $25K | $391K | $10K | — | — |
| 2020 | $75K | $52K | $364K | $0 | — | View 990 |
| 2019 | $61K | $57K | $32K | $850 | — | View 990 |
| 2018 | $62K | $49K | $42K | $14K | — | View 990 |
| 2017 | $56K | $54K | $17K | $2K | — | View 990 |
| 2016 | $51K | $51K | $15K | $2K | — | View 990 |
| 2015 | $16K | $13K | $18K | $4K | — | View 990 |
| 2014 | $20K | $23K | $11K | $0 | — | View 990 |
| 2013 | $23K | $21K | $15K | $0 | — | View 990 |
| 2012 | $16K | $15K | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $84K, expenses of $120K, and assets of $427K (revenue -1.6% year-over-year).
- 2022: Revenue of $86K, expenses of $116K, and assets of $389K (revenue +338.8% year-over-year).
- 2021: Revenue of $20K, expenses of $25K, and assets of $391K (revenue -74.1% year-over-year).
- 2020: Revenue of $75K, expenses of $52K, and assets of $364K (revenue +24.0% year-over-year).
- 2019: Revenue of $61K, expenses of $57K, and assets of $32K (revenue -1.9% year-over-year).
- 2018: Revenue of $62K, expenses of $49K, and assets of $42K (revenue +11.0% year-over-year).
- 2017: Revenue of $56K, expenses of $54K, and assets of $17K (revenue +9.8% year-over-year).
- 2016: Revenue of $51K, expenses of $51K, and assets of $15K (revenue +222.8% year-over-year).
- 2015: Revenue of $16K, expenses of $13K, and assets of $18K (revenue -21.8% year-over-year).
- 2014: Revenue of $20K, expenses of $23K, and assets of $11K (revenue -13.3% year-over-year).
- 2013: Revenue of $23K, expenses of $21K, and assets of $15K (revenue +45.4% year-over-year).
- 2012: Revenue of $16K, expenses of $15K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Indiana Cpa Educational Foundation Inc:
Data Sources and Methodology
This transparency report for Indiana Cpa Educational Foundation 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.