Indy Learning Team Inc
EIN: 475599561 · Indianapolis, IN · NTEE: B92
| Metric | Value |
|---|---|
| Total Revenue | $219K |
| Total Expenses | $160K |
| Net Assets | $24K |
Is Indy Learning Team Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Indy Learning Team Inc
Indy Learning Team Inc (EIN: 475599561) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code B92. The organization reported total revenue of $219K and total assets of $164K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Indy Learning Team Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Indy Learning Team Inc is a small nonprofit that has been operating for 11 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $184K |
| Total Expenses | $160K |
| Surplus / Deficit | +$24K |
| Total Assets | $133K |
| Total Liabilities | $108K |
| Net Assets | $24K |
| Operating Margin | 13.2% |
| Debt-to-Asset Ratio | 81.7% |
| Months of Reserves | 10.0 months |
Financial Health Grade: A
In 2023, Indy Learning Team Inc reported a surplus of $24K with revenue exceeding expenses, holds 10.0 months of operating reserves (strong position), has a debt-to-asset ratio of 81.7% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Indy Learning Team 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 Indy Learning Team 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 surplus of $24K, with revenue exceeding expenses.
- Debt-to-asset ratio: 81.7%.
Frequently Asked Questions about Indy Learning Team Inc
Is Indy Learning Team Inc a legitimate charity?
Indy Learning Team Inc (EIN: 475599561) is a registered tax-exempt nonprofit based in Indiana. Total revenue: $219K. No red flags identified. Financial health grade: A.
How does Indy Learning Team Inc spend its money?
Indy Learning Team Inc reported $219K in total revenue in IRS 990 filings. 1 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Indy Learning Team Inc tax-deductible?
Indy Learning Team Inc is registered as a tax-exempt nonprofit (EIN: 475599561). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Indy Learning Team Inc located?
Indy Learning Team Inc is headquartered in Indianapolis, Indiana and files with the IRS under EIN 475599561. It is classified under NTEE code B92.
Filing History
IRS 990 filing history for Indy Learning Team Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Indy Learning Team Inc reported a surplus of $24K, with revenue exceeding expenses. The organization holds $108K in liabilities against $133K in assets (debt-to-asset ratio: 81.7%), resulting in net assets of $24K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $184K | $160K | $133K | $108K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Indy Learning Team Inc:
Data Sources and Methodology
This transparency report for Indy Learning Team 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.