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Indiana · Nonprofit

16 TECH COMMUNITY CORPORATION

16 TECH COMMUNITY CORPORATION (Indiana) receives grants from 10 organizations whose IRS filings report $63,252,811 to it, the largest being LILLY ENDOWMENT INC ($60,437,811). 6 of them have funded it in more than one year.

$11M
Revenue FY2024
10
Funders on record
$63M
Grants received
$109M
Net assets
6/10 repeat funderspeak grant-dependency 85%

Against its field

16 TECH COMMUNITY CORPORATION holds deeper cash reserves than three-quarters of the 658 community improvement nonprofits its size.

Operating margin−3% · bottom quartile
Months of reserve23.5mo · top quartile
Revenue growth (annualized)1% · bottom quartile

this organization peer median middle 50% of peers· 658 community improvement nonprofits $10M–$100M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($10M) Expenses 100 ($1.2M) Net assets 100 ($14M)2018 Revenue 211 ($21M) Expenses 189 ($2.4M) Net assets 239 ($33M)2019 Revenue 386 ($39M) Expenses 1803 ($22M) Net assets 360 ($50M)2020 Revenue 530 ($54M) Expenses 3426 ($43M) Net assets 442 ($61M)2021 Revenue 432 ($44M) Expenses 2029 ($25M) Net assets 575 ($79M)2022 Revenue 210 ($21M) Expenses 791 ($9.8M) Net assets 665 ($92M)2023 Revenue 320 ($33M) Expenses 1154 ($14M) Net assets 795 ($110M)2024 Revenue 108 ($11M) Expenses 912 ($11M) Net assets 792 ($109M)
'17'18'19'20'21'22'23'24
Revenue (108)Expenses (912)Net assets (792)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 2% · 2019 42% · 2020 22% · 2021 3%. Grants only. Government contracts and fees sit inside program revenue.

66% of 16 TECH COMMUNITY CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).

This organization
Typical peer · 696 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$8.9M
17
$19M
18
$17M
19
$11M
20
$19M
21
$11M
22
$18M
23
$345k
24
24
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 3 funders, grant income rose $3.5M → $8.2M.

1 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF)0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $254k from 3 payers (the payer shares this organization's board, largest The Indianapolis Foundation Inc). These are real filings, and they are not money 16 TECH COMMUNITY CORPORATION raised.

From the IRS filings of 16 TECH COMMUNITY CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

16 TECH COMMUNITY CORPORATION leans on a few funders — its largest provides 96% of grant income and the top three 99%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

96%
largest funder
99%
top three
~1
effective funders

Largest funder’s share by year: 2017 86% · 2018 94% · 2019 86% · 2020 100% · 2021 100% · 2022 82% · 2023 100%growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

17% of 16 TECH COMMUNITY CORPORATION's funders are still giving 3 years after their first grant; 60% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

100% of 16 TECH COMMUNITY CORPORATION's grant income comes from Indiana funders.

IN
NC

In-state vs out-of-state, by year

17
18
19
20
21
22
23
Indiana out of state home

Funder states come from each funder’s own filing. $305k arriving through sponsors registered in 1 stateis excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 10 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like 16 TECH COMMUNITY CORPORATION

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

78% of spending goes to programs.

Program 78%Management 20%Fundraising 2%

Governance

15
board members
53%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 10 related entities

  • 16 Tech Developer LLC · disregarded
  • 16 Tech Sub Tenent LLC · disregarded
  • Indiana University · exempt
  • Indiana University Health Inc · exempt
  • Central Indiana Corporate Partnership Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for 16 TECH COMMUNITY CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds 16 TECH COMMUNITY CORPORATION?
16 TECH COMMUNITY CORPORATION (Indiana) receives grants from 10 organizations whose IRS filings report $63,252,811 to it, the largest being LILLY ENDOWMENT INC ($60,437,811). 6 of them have funded it in more than one year.
How many funders does 16 TECH COMMUNITY CORPORATION have?
IRS filings report 10 organizations giving $63,252,811 in grants to 16 TECH COMMUNITY CORPORATION, 6 of which have funded it in more than one year.
Who is the largest funder of 16 TECH COMMUNITY CORPORATION?
LILLY ENDOWMENT INC is the largest funder on record, with $60,437,811 in grants. The full list of funders is on this page.
How can an organization like 16 TECH COMMUNITY CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 10funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing