Indiana Radiology Partners Inc
Indiana Radiology Partners Inc. reports zero revenue and assets after years of multi-million dollar operations and deficits.
EIN: 201017034 · Indianapolis, IN · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $6K |
| Net Assets | $-891,795 |
| Transparency Score | 10/100 |
Is Indiana Radiology Partners Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Indiana Radiology Partners Inc
Indiana Radiology Partners Inc (EIN: 201017034) is a nonprofit organization based in Indianapolis, IN. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Indiana Radiology Partners Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Indiana Radiology Partners Inc is a small nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -57.5%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $835K |
| Total Expenses | $6K |
| Surplus / Deficit | +$829K |
| Total Assets | $1 |
| Total Liabilities | $892K |
| Net Assets | $-891,795 |
| Operating Margin | 99.2% |
| Debt-to-Asset Ratio | 89179600.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: B
In 2016, Indiana Radiology Partners Inc reported a surplus of $829K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 89179600.0% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), Indiana Radiology Partners Inc's revenue has declined at a compound annual growth rate (CAGR) of -57.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +290.4% | -86.2% | -100.0% |
| 2015 | -99.1% | -99.8% | -35.4% |
| 2014 | -61.7% | -60.7% | -92.5% |
| 2013 | +25.5% | +17.1% | +18.1% |
| 2012 | -15.9% | -8.8% | +8.2% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Indiana Radiology Partners Inc with a Mission Score of 10 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.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Indiana Radiology Partners Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $829K, with revenue exceeding expenses.
- Debt-to-asset ratio: 89179600.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization that previously managed tens of millions in revenue and expenses, suggesting either a fully volunteer leadership or that compensation is structured in a way not reported as officer compensation.
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 Radiology Partners Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, indicating potential dormancy or dissolution without clear explanation.
- Consistent reporting of 0% officer compensation despite significant past financial activity, raising questions about executive benefits.
- History of operating deficits, such as in 2014 where expenses exceeded revenue by over $3.8 million.
- Significant fluctuations in assets and liabilities across different reporting periods without clear context.
Strengths
The following positive indicators were identified for Indiana Radiology Partners Inc:
- Historically managed substantial financial operations, indicating capacity for large-scale activity.
- No reported officer compensation, which could be a strength if it genuinely reflects volunteer leadership.
Frequently Asked Questions about Indiana Radiology Partners Inc
Is Indiana Radiology Partners Inc a legitimate charity?
Indiana Radiology Partners Inc (EIN: 201017034) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 10/100. It has 6 years of IRS 990 filings on record. 4 red flags identified. 2 strengths noted. Financial health grade: B.
How does Indiana Radiology Partners Inc spend its money?
Indiana Radiology Partners Inc reported its financials in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Indiana Radiology Partners Inc tax-deductible?
Indiana Radiology Partners Inc is registered as a tax-exempt nonprofit (EIN: 201017034). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Indiana Radiology Partners Inc located?
Indiana Radiology Partners Inc is headquartered in Indianapolis, Indiana and files with the IRS under EIN 201017034.
How many years of IRS 990 filings does Indiana Radiology Partners Inc have?
Indiana Radiology Partners Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What is the current operational status of Indiana Radiology Partners Inc., given its latest reported $0 revenue and assets?
The provided data does not clarify the current operational status. The sudden drop from multi-million dollar operations to zero revenue and assets suggests a significant change, such as dormancy, dissolution, or a change in reporting entity.
Why is officer compensation consistently reported as 0% across all filings, even when the organization had significant revenues and expenses?
The consistent reporting of 0% officer compensation is unusual for an organization of its past size. This could indicate a fully volunteer-run organization, that compensation is paid through a related entity, or that benefits are structured in a way not classified as officer compensation on the 990.
What caused the dramatic decline in revenue and assets from multi-million dollar figures to $0 in the latest filing?
The data does not specify the cause. This drastic change could be due to a merger, acquisition, cessation of operations, or a fundamental restructuring of the entity.
Filing History
IRS 990 filing history for Indiana Radiology Partners Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Indiana Radiology Partners Inc's revenue has declined by 98.6%, moving from $60.1M to $835K. Total assets decreased by 100% over the same period, from $7.8M to $1. Total functional expenses fell by 100%, from $66.9M to $6K. In its most recent filing year (2016), Indiana Radiology Partners Inc reported a surplus of $829K, with revenue exceeding expenses. The organization holds $892K in liabilities against $1 in assets (debt-to-asset ratio: 89179600.0%), resulting in net assets of $-891,795.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $835K | $6K | $1 | $892K | — | View 990 |
| 2015 | $214K | $47K | $487K | $405K | — | View 990 |
| 2014 | $24.2M | $28.1M | $755K | $1.5M | — | View 990 |
| 2013 | $63.3M | $71.4M | $10.0M | $3.7M | — | View 990 |
| 2012 | $50.5M | $60.9M | $8.5M | $3.5M | — | View 990 |
| 2011 | $60.1M | $66.9M | $7.8M | $3.9M | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $835K, expenses of $6K, and assets of $1 (revenue +290.4% year-over-year).
- 2015: Revenue of $214K, expenses of $47K, and assets of $487K (revenue -99.1% year-over-year).
- 2014: Revenue of $24.2M, expenses of $28.1M, and assets of $755K (revenue -61.7% year-over-year).
- 2013: Revenue of $63.3M, expenses of $71.4M, and assets of $10.0M (revenue +25.5% year-over-year).
- 2012: Revenue of $50.5M, expenses of $60.9M, and assets of $8.5M (revenue -15.9% year-over-year).
- 2011: Revenue of $60.1M, expenses of $66.9M, and assets of $7.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Indiana Radiology Partners Inc:
Data Sources and Methodology
This transparency report for Indiana Radiology Partners 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.