Indiana Math and Science Academy-north Indianapolis is a 501(c)(3) organization based in Indianapolis, Indiana, registered in 2013, with $10,130,802 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$10.1M
▼ 2.4% vs prior year
Education median: $200K
Expenses (FY2024)
$10.1M
Net assets
$2.1M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Indiana Math and Science Academy-north Indianapolis— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Indiana Math and Science Academy-north Indianapolis: 2 mo reserves · +0% margin earns a B on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Indiana Math and Science Academy-north Indianapolis— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Indiana Math and Science Academy-north Indianapolis: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $6.3M (FY2015) to $10.1M (FY2024) across 10 reported years.
Financial snapshot
Operating margin
0.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$15.6M
Total liabilities
$13.5M
Net assets
$2.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $10,130,802▼2.4% | $10,115,493▼3.2% | $2,080,476▲0.7% | $15,608,854▼3.3% | 990 |
| 2023 | $10,381,496▲1.2% | $10,447,247▲5.3% | $2,065,167▼3.1% | $16,146,470 | 990 |
| 2022 | $10,259,590▲8.1% | $9,917,881▲7.8% | $2,130,918▲19.1% | $16,139,374▲4.4% | 990 |
| 2021 | $9,488,343▲4.2% | $9,199,254▲16.1% | $1,789,209▲19.3% | $15,463,931▲550% | 990 |
| 2020 | $9,108,480▲28.3% | $7,926,169▲13.8% | $1,500,120▲372% | $2,378,920▲23.6% | 990 |
| 2019 | $7,097,631▲8.0% | $6,964,468▲6.5% | $317,809▲72.1% | $1,925,091▲125% | 990 |
| 2018 | $6,569,890▲7.7% | $6,540,093▲4.9% | $184,646▲19.2% | $855,306▲17.5% | 990 |
| 2017 | $6,100,631▲6.6% | $6,234,136▲2.1% | $154,849▼46.3% | $728,119▲2.9% | 990 |
| 2016 | $5,720,617▼9.8% | $6,105,316▼0.5% | $288,354▼57.2% | $707,432▼40.4% | 990 |
| 2015 | $6,339,209 | $6,135,869 | $673,053 | $1,187,605 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
2 grants to Indiana Math and Science Academy-north Indianapolis totaling $72K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| United Way of Central Indiana Inc | Purpose of grant or assistance | 2023 | $36,373 |
| University of Indianapolis | Reimbursing schools for teacher stipends, supplies, and equipment that are related to the purpose of the grant/contract | 2023 | $35,725 |
Explore more
Data for Indiana Math and Science Academy-north Indianapolis (EIN 27-2184783) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.