Intersect Inc
Intersect Inc shows strong financial growth and asset accumulation in its latest fiscal period after years of tighter margins.
EIN: 113746620 · Anderson, IN · NTEE: E70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $540K |
| Total Expenses | $674K |
| Program Spending | 80% |
| Net Assets | $471K |
| Transparency Score | 85/100 |
Is Intersect Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Intersect Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Intersect Inc
Intersect Inc (EIN: 113746620) is a nonprofit organization based in Anderson, IN, classified under NTEE code E70. The organization reported total revenue of $540K and total assets of $438K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Intersect Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Intersect Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 13.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $674K |
| Surplus / Deficit | +$483K |
| Total Assets | $511K |
| Total Liabilities | $40K |
| Net Assets | $471K |
| Operating Margin | 41.7% |
| Debt-to-Asset Ratio | 7.9% |
| Months of Reserves | 9.1 months |
Financial Health Grade: A
In 2024, Intersect Inc reported a surplus of $483K with revenue exceeding expenses, holds 9.1 months of operating reserves (strong position), has a debt-to-asset ratio of 7.9% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Intersect Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +71.7% | +4.5% | +1210.2% |
| 2023 | +24.9% | +21.6% | +183.3% |
| 2022 | +17.7% | -2.8% | +38.5% |
| 2021 | -33.2% | -11.4% | -87.0% |
| 2020 | +17.7% | -1.6% | +782.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Intersect 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, Intersect 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $483K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization of its size and revenue, and suggests a volunteer-led or externally compensated leadership structure.
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 Intersect Inc's IRS 990 filings:
- Historically tight operating margins in several prior years (e.g., 202106 expenses exceeded revenue by $87,532)
- Reliance on 0% officer compensation may indicate potential sustainability challenges for leadership or unrecorded in-kind compensation.
Strengths
The following positive indicators were identified for Intersect Inc:
- Significant revenue growth in the latest fiscal period (202406 revenue of $1,156,611)
- Strong positive net income in the latest period, leading to substantial asset accumulation ($510,975 assets in 202406)
- Consistent reporting of 0% officer compensation, indicating high efficiency in this area
- Improved financial stability with growing assets and a healthy revenue-to-expense ratio in the most recent filing.
Frequently Asked Questions about Intersect Inc
Is Intersect Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Intersect Inc (EIN: 113746620) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Intersect Inc spend its money?
Intersect Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Intersect Inc tax-deductible?
Intersect Inc is registered as a tax-exempt nonprofit (EIN: 113746620). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Intersect Inc's spending goes to programs?
Intersect Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Intersect Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Intersect Inc is above average for NTEE category E70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Intersect Inc located?
Intersect Inc is headquartered in Anderson, Indiana and files with the IRS under EIN 113746620. It is classified under NTEE code E70.
How many years of IRS 990 filings does Intersect Inc have?
Intersect 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 $540K in total revenue.
Is Intersect Inc a good charity?
Based on the available data, Intersect Inc appears to be a good charity. It has demonstrated strong financial growth, particularly in its latest fiscal year (202406) with revenue of $1,156,611 significantly exceeding expenses of $673,739. The organization also reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission.
How has Intersect Inc's financial health changed over time?
Intersect Inc's financial health has significantly improved. While earlier periods often showed expenses close to or exceeding revenue (e.g., 202106: Revenue=$458,027, Expenses=$545,559), the latest period (202406) shows robust growth with revenue of $1,156,611 against expenses of $673,739, leading to substantial asset growth to $510,975.
What is Intersect Inc's approach to executive compensation?
Intersect Inc consistently reports 0% officer compensation across all 10 available filings. This indicates that no compensation was paid to officers, which is a strong positive for directing funds to programs, but might also suggest a reliance on volunteer leadership or compensation through other means not reported as officer compensation.
Are Intersect Inc's assets growing?
Yes, Intersect Inc's assets have shown significant growth, especially in the most recent period. After fluctuating and often being relatively low in prior years (e.g., $9,943 in 202106), assets surged to $510,975 in the 202406 filing, indicating improved financial stability and capacity.
Filing History
IRS 990 filing history for Intersect Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Intersect Inc's revenue has grown by 365.8%, moving from $248K to $1.2M. Total assets increased by 909% over the same period, from $51K to $511K. Total functional expenses rose by 210.4%, from $217K to $674K. In its most recent filing year (2024), Intersect Inc reported a surplus of $483K, with revenue exceeding expenses. The organization holds $40K in liabilities against $511K in assets (debt-to-asset ratio: 7.9%), resulting in net assets of $471K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.2M | $674K | $511K | $40K | — | View 990 |
| 2023 | $673K | $645K | $39K | $47K | — | View 990 |
| 2022 | $539K | $530K | $14K | $50K | — | View 990 |
| 2021 | $458K | $546K | $10K | $49K | — | — |
| 2020 | $686K | $616K | $77K | $28K | — | View 990 |
| 2019 | $583K | $625K | $9K | $30K | — | View 990 |
| 2018 | $584K | $570K | $41K | $19K | — | View 990 |
| 2017 | $610K | $629K | $58K | $50K | — | View 990 |
| 2016 | $474K | $512K | $37K | $10K | — | View 990 |
| 2015 | $573K | $548K | $67K | $1K | — | View 990 |
| 2014 | $478K | $486K | $46K | $5K | — | View 990 |
| 2013 | $409K | $404K | $58K | $5K | — | View 990 |
| 2012 | $248K | $217K | $51K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.2M, expenses of $674K, and assets of $511K (revenue +71.7% year-over-year).
- 2023: Revenue of $673K, expenses of $645K, and assets of $39K (revenue +24.9% year-over-year).
- 2022: Revenue of $539K, expenses of $530K, and assets of $14K (revenue +17.7% year-over-year).
- 2021: Revenue of $458K, expenses of $546K, and assets of $10K (revenue -33.2% year-over-year).
- 2020: Revenue of $686K, expenses of $616K, and assets of $77K (revenue +17.7% year-over-year).
- 2019: Revenue of $583K, expenses of $625K, and assets of $9K (revenue -0.2% year-over-year).
- 2018: Revenue of $584K, expenses of $570K, and assets of $41K (revenue -4.3% year-over-year).
- 2017: Revenue of $610K, expenses of $629K, and assets of $58K (revenue +28.8% year-over-year).
- 2016: Revenue of $474K, expenses of $512K, and assets of $37K (revenue -17.3% year-over-year).
- 2015: Revenue of $573K, expenses of $548K, and assets of $67K (revenue +19.9% year-over-year).
- 2014: Revenue of $478K, expenses of $486K, and assets of $46K (revenue +16.7% year-over-year).
- 2013: Revenue of $409K, expenses of $404K, and assets of $58K (revenue +64.8% year-over-year).
- 2012: Revenue of $248K, expenses of $217K, and assets of $51K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Intersect Inc:
Data Sources and Methodology
This transparency report for Intersect 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.