Vanguard Collegiate Of Indianapolis
EIN: 815323355 · Indianapolis, IN · NTEE: B29
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.5M |
| Net Assets | $-219,048 |
Is Vanguard Collegiate Of Indianapolis Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vanguard Collegiate Of Indianapolis
Vanguard Collegiate Of Indianapolis (EIN: 815323355) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code B29. The organization reported total revenue of $1.6M and total assets of $93K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vanguard Collegiate Of Indianapolis's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vanguard Collegiate Of Indianapolis is a mid-size nonprofit that has been operating for 9 years, with 4 years of IRS 990 filings on record (2019–2022). Revenue has grown at a compound annual rate of 71.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$41K |
| Total Assets | $93K |
| Total Liabilities | $312K |
| Net Assets | $-219,048 |
| Operating Margin | 2.7% |
| Debt-to-Asset Ratio | 336.5% |
| Months of Reserves | 0.7 months |
Financial Health Grade: B
In 2022, Vanguard Collegiate Of Indianapolis reported a surplus of $41K with revenue exceeding expenses, holds 0.7 months of operating reserves (limited), has a debt-to-asset ratio of 336.5% (high leverage).
Financial Trends
Over 4 years of filings (2019–2022), Vanguard Collegiate Of Indianapolis's revenue has grown at a compound annual growth rate (CAGR) of 71.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +17.4% | +16.6% | +3.2% |
| 2021 | +22.4% | +1.4% | -41.9% |
| 2020 | +249.2% | +192.3% | -15.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vanguard Collegiate Of Indianapolis 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 Vanguard Collegiate Of Indianapolis 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $41K, with revenue exceeding expenses.
- Debt-to-asset ratio: 336.5%.
Frequently Asked Questions about Vanguard Collegiate Of Indianapolis
Is Vanguard Collegiate Of Indianapolis a legitimate charity?
Vanguard Collegiate Of Indianapolis (EIN: 815323355) is a registered tax-exempt nonprofit based in Indiana. It has 4 years of IRS 990 filings on record. Total revenue: $1.6M. No red flags identified. Financial health grade: B.
How does Vanguard Collegiate Of Indianapolis spend its money?
Vanguard Collegiate Of Indianapolis reported $1.6M in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Vanguard Collegiate Of Indianapolis tax-deductible?
Vanguard Collegiate Of Indianapolis is registered as a tax-exempt nonprofit (EIN: 815323355). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vanguard Collegiate Of Indianapolis located?
Vanguard Collegiate Of Indianapolis is headquartered in Indianapolis, Indiana and files with the IRS under EIN 815323355. It is classified under NTEE code B29.
How many years of IRS 990 filings does Vanguard Collegiate Of Indianapolis have?
Vanguard Collegiate Of Indianapolis has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.6M in total revenue.
Filing History
IRS 990 filing history for Vanguard Collegiate Of Indianapolis showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2022), Vanguard Collegiate Of Indianapolis's revenue has grown by 401.5%, moving from $311K to $1.6M. Total assets decreased by 49.2% over the same period, from $182K to $93K. Total functional expenses rose by 245.6%, from $440K to $1.5M. In its most recent filing year (2022), Vanguard Collegiate Of Indianapolis reported a surplus of $41K, with revenue exceeding expenses. The organization holds $312K in liabilities against $93K in assets (debt-to-asset ratio: 336.5%), resulting in net assets of $-219,048.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.6M | $1.5M | $93K | $312K | — | View 990 |
| 2021 | $1.3M | $1.3M | $90K | $350K | — | View 990 |
| 2020 | $1.1M | $1.3M | $155K | $450K | — | View 990 |
| 2019 | $311K | $440K | $182K | $280K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.6M, expenses of $1.5M, and assets of $93K (revenue +17.4% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.3M, and assets of $90K (revenue +22.4% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.3M, and assets of $155K (revenue +249.2% year-over-year).
- 2019: Revenue of $311K, expenses of $440K, and assets of $182K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vanguard Collegiate Of Indianapolis:
Data Sources and Methodology
This transparency report for Vanguard Collegiate Of Indianapolis 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.