Indiana University Radiology Associates Inc Iu Medical
100% goes to programs Strong reserves Growing revenue
Indiana University Radiology Associates Inc Iu Medical is a 501(c)(3) organization based in Indianapolis, Indiana, registered in 1980, with $72,838,770 in FY2023 revenue. CharityIndex grades it B, and it directs about 100% of spending to programs.
714 N Senate Ave, Indianapolis, IN, 46202 EIN 35-1464192 Since 1980
Revenue (FY2023)
$72.8M
▲ 8.9% vs prior year
Health median: $840K
Expenses (FY2023)
$75.3M
Net assets
$41.2M
Employees
1
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating100% to programs
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. For Indiana University Radiology Associates Inc Iu Medical: 100% to programs earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating7 mo reserves · -3% margin
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 University Radiology Associates Inc Iu Medical: 7 mo reserves · -3% margin earns a B+ on this criterion. See the exact thresholds →
CGovernance25% of the rating2 of 6 checks met
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. For Indiana University Radiology Associates Inc Iu Medical: 2 of 6 checks met earns a C on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
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 University Radiology Associates Inc Iu Medical: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Provides physician service to hospital patients and state institutions. performs related research.
Contact & location
- Address
- 714 N Senate Ave, Indianapolis, IN, 46202
- City
- Indianapolis
- State
- Indiana
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $57.5M (FY2013) to $72.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $144KNet assets $41.2M
Operating margin
-3.4%
Spent more than it raised in the latest fiscal year.
Total assets
$41.3M
Total liabilities
$144K
Net assets
$41.2M
Salaries & benefits
$90K
0% of expenses
Board members
7
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $72,838,770▲8.9% | $75,310,028▲8.8% | $41,175,140▼2.1% | $41,319,203▼2.0% | 990 |
| 2022 | $66,905,462▲1.6% | $69,196,626▲4.8% | $42,059,829▲2.2% | $42,180,888▲2.1% | 990 |
| 2021 | $65,861,181▲5.3% | $66,053,185▲5.1% | $41,151,574▼12.1% | $41,299,059▼14.3% | 990 |
| 2020 | $62,520,619▲10.9% | $62,836,327▲8.1% | $46,802,268▲18.2% | $48,207,425▲18.5% | 990 |
| 2019 | $56,375,050▲2.9% | $58,135,089▲12.9% | $39,591,040▼1.5% | $40,695,885▲1.2% | 990 |
| 2018 | $54,794,415▲17.6% | $51,507,065▲13.8% | $40,208,301▲2.4% | $40,230,257▲2.4% | 990 |
| 2017 | $46,598,545▲7.5% | $45,242,313▲5.0% | $39,256,893▲5.5% | $39,296,346▲5.2% | 990 |
| 2016 | $43,350,500▼0.8% | $43,080,484▼13.6% | $37,206,891▲4.7% | $37,354,783▲5.1% | 990 |
| 2015 | $43,713,057▼15.4% | $49,857,938▲2.4% | $35,533,856▼22.4% | $35,544,517▼22.6% | 990 |
| 2014 | $51,686,347▼10.0% | $48,686,129▼14.4% | $45,769,903▼2.0% | $45,910,357▼3.6% | 990 |
| 2013 | $57,450,836 | $56,897,859▼2.2% | $46,684,126▲7.8% | $47,638,533▲7.3% | 990 |
| 2012 | — | $58,159,889▲2.0% | $43,307,608▲5.9% | $44,407,592▼8.8% | 990 |
| 2011 | — | $57,027,653 | $40,898,594 | $48,691,936 | 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.
Leadership & compensation (FY2023)
Highest-paid: Gary Hutchins — $43,938 (0.06% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Gary Hutchins | Board Member | 50 | $43,938 |
| Atul Agarwal | Board Member Thru Nov 2023 | 50 | — |
| Bart Lefan | Director of Finance | 50 | — |
| Brandon Brown | Board Member | 50 | — |
| Jason Allen | President | 50 | — |
| Jeffrey Dunkle | Board Member | 50 | — |
| Kevin Smith | Board Member | 50 | — |
| Michael Schacht | Board Member Thru Nov 2023 | 50 | — |
| Richard Gunderman | Board Member | 50 | — |
| Vasantha Aaron | Board Member Thru Nov 2023 | 50 | — |
Grants made · $4.7M in FY2023
1 grant totaling $4.7M in FY2023. All grants made by Indiana University Radiology Associates Inc Iu Medical →
| Recipient | Purpose | Amount |
|---|---|---|
| Indiana University Health Inc | Fund faculty positions, iu school of medicine department of radiology it infrastructure, and support radiology related education and research | $4,743,693 |
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Frequently asked questions
- Is Indiana University Radiology Associates Inc Iu Medical a legitimate nonprofit?
- Yes. Indiana University Radiology Associates Inc Iu Medical is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-1464192, based in Indianapolis, Indiana. Donations are tax-deductible.
- What is Indiana University Radiology Associates Inc Iu Medical's EIN?
- Indiana University Radiology Associates Inc Iu Medical's Employer Identification Number (EIN) is 35-1464192.
- How much revenue does Indiana University Radiology Associates Inc Iu Medical report?
- Indiana University Radiology Associates Inc Iu Medical reported $72,838,770 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Indiana University Radiology Associates Inc Iu Medical's spending goes to programs?
- Indiana University Radiology Associates Inc Iu Medical spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Indiana University Radiology Associates Inc Iu Medical have?
- CharityIndex grades Indiana University Radiology Associates Inc Iu Medical B, based on program efficiency and fundraising cost.
- How much does Indiana University Radiology Associates Inc Iu Medical's highest-paid employee make?
- The highest reported compensation on Indiana University Radiology Associates Inc Iu Medical's latest Form 990 is $43,938, paid to Gary Hutchins (Board Member).
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Data for Indiana University Radiology Associates Inc Iu Medical (EIN 35-1464192) 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.