Indianapolis Theological Seminary
EIN: 475669999 · Indianapolis, IN · NTEE: B28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $788K |
| Net Assets | $748K |
Is Indianapolis Theological Seminary Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Indianapolis Theological Seminary
Indianapolis Theological Seminary (EIN: 475669999) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code B28. The organization reported total revenue of $1.0M and total assets of $905K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Indianapolis Theological Seminary's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Indianapolis Theological Seminary is a mid-size nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 49.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $742K |
| Total Expenses | $788K |
| Surplus / Deficit | $-46,317 |
| Total Assets | $873K |
| Total Liabilities | $126K |
| Net Assets | $748K |
| Operating Margin | -6.2% |
| Debt-to-Asset Ratio | 14.4% |
| Months of Reserves | 13.3 months |
Financial Health Grade: B
In 2023, Indianapolis Theological Seminary reported a deficit of $46K with expenses exceeding revenue, holds 13.3 months of operating reserves (strong position), has a debt-to-asset ratio of 14.4% (very low leverage).
Financial Trends
Over 7 years of filings (2016–2023), Indianapolis Theological Seminary's revenue has grown at a compound annual growth rate (CAGR) of 49.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.0% | +15.4% | -2.4% |
| 2022 | +70.4% | +42.5% | +90.8% |
| 2021 | +68.3% | +63.9% | +128.8% |
| 2019 | +133.6% | +144.2% | +50.5% |
| 2018 | +50.5% | +171.4% | +45.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Indianapolis Theological Seminary 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 Indianapolis Theological Seminary 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 $46K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.4%.
Frequently Asked Questions about Indianapolis Theological Seminary
Is Indianapolis Theological Seminary a legitimate charity?
Based on AI analysis of IRS 990 filings, Indianapolis Theological Seminary (EIN: 475669999) insufficient data. 0 red flags identified, 0 strengths noted.
How does Indianapolis Theological Seminary spend its money?
Detailed spending breakdown data is not yet available for Indianapolis Theological Seminary. Check back for updated IRS 990 analysis.
Are donations to Indianapolis Theological Seminary tax-deductible?
Indianapolis Theological Seminary is registered as a tax-exempt nonprofit (EIN: 475669999). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Indianapolis Theological Seminary located?
Indianapolis Theological Seminary is headquartered in Indianapolis, Indiana and files with the IRS under EIN 475669999. It is classified under NTEE code B28.
How many years of IRS 990 filings does Indianapolis Theological Seminary have?
Indianapolis Theological Seminary has 7 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for Indianapolis Theological Seminary showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2023), Indianapolis Theological Seminary's revenue has grown by 1590.8%, moving from $44K to $742K. Total assets increased by 5066.8% over the same period, from $17K to $873K. Total functional expenses rose by 2252%, from $34K to $788K. In its most recent filing year (2023), Indianapolis Theological Seminary reported a deficit of $46K, with expenses exceeding revenue. The organization holds $126K in liabilities against $873K in assets (debt-to-asset ratio: 14.4%), resulting in net assets of $748K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $742K | $788K | $873K | $126K | — | — |
| 2022 | $1.0M | $683K | $895K | $101K | — | View 990 |
| 2021 | $613K | $479K | $469K | $55K | — | View 990 |
| 2019 | $364K | $292K | $205K | $21K | — | View 990 |
| 2018 | $156K | $120K | $136K | $24K | — | View 990 |
| 2017 | $104K | $44K | $94K | $17K | — | View 990 |
| 2016 | $44K | $34K | $17K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $742K, expenses of $788K, and assets of $873K (revenue -29.0% year-over-year).
- 2022: Revenue of $1.0M, expenses of $683K, and assets of $895K (revenue +70.4% year-over-year).
- 2021: Revenue of $613K, expenses of $479K, and assets of $469K (revenue +68.3% year-over-year).
- 2019: Revenue of $364K, expenses of $292K, and assets of $205K (revenue +133.6% year-over-year).
- 2018: Revenue of $156K, expenses of $120K, and assets of $136K (revenue +50.5% year-over-year).
- 2017: Revenue of $104K, expenses of $44K, and assets of $94K (revenue +136.1% year-over-year).
- 2016: Revenue of $44K, expenses of $34K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Indianapolis Theological Seminary:
Data Sources and Methodology
This transparency report for Indianapolis Theological Seminary 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.