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Indiana · Nonprofit

ADELANTE SCHOOLS INC

ADELANTE SCHOOLS INC (Indiana) receives grants from 7 organizations whose IRS filings report $16,464,645 to it, the largest being LILLY ENDOWMENT INC ($14,670,500). 4 of them have funded it in more than one year.

Revenue FY2025
$7.9M
Funders on record
7
Grants received
$16M
Net assets
$5.6M
4/7 repeat funderspeak grant-dependency 12%
01What it does

What Adelante Schools Inc does

Mission

Adelante schools is committed to continuously improving the educational outcomes for its scholars in solidarity with families and our community. We are working to create a joyous neighborhood school, preparing all scholars to graduate from college and lead lives of leadership and service to indianapolis.

As stated on its FY2025 Form 990.

Programs

  1. Adelante schools operates emma donnan elementary & middle school as is a tuition-free, open-enrollment, college preparatory, public charter school. The school is also a part of the indianapolis public schools' innovation network.

    $5,267,175 spent$63,606 earned by the program
    100% of program spending
  2. In adelante's five years of operation, we have raised third grade iread pass rates from 53% to 85%.

  3. Last school year our scratch-made kitchen served over 100,000 chef-made meals to our students for breakfast and lunch.

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,267,175.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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 = 20212021 Revenue 100 ($4.8M) Expenses 100 ($3.8M) Net assets 100 ($1.4M)2022 Revenue 133 ($6.4M) Expenses 136 ($5.1M) Net assets 194 ($2.6M)2023 Revenue 144 ($6.9M) Expenses 142 ($5.4M) Net assets 308 ($4.2M)2024 Revenue 153 ($7.4M) Expenses 175 ($6.6M) Net assets 365 ($4.9M)2025 Revenue 165 ($7.9M) Expenses 191 ($7.2M) Net assets 418 ($5.6M)
20212022202320242025
Revenue (165)Expenses (191)Net assets (418)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $2.8M to $4.3M (+56%).

$1.6M
$2.8M
$4.3M
$5.4M
$5.9M
20212022202320242025
Total assetsTotal liabilities

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.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 100% · 2022 98% · 2023 88% · 2024 94% · 2025 93%. Grants only. Government contracts and fees sit inside program revenue.

99% of ADELANTE SCHOOLS INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 5 reported years ran a deficit.

$1.0M
’21
$1.3M
’22
$1.5M
’23
$769k
’24
$715k
’25
8.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Edward Rangel

Executive director

Board chair

Kristy Kainrath

Board president

As listed on its FY2025 Form 990.

20212022202320242025
Listed119111010
Joined·+0+4+1+2
No longer listed·2222
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $325k → $844k.

Funder
'20
'21
'22
'23
'24*
'25*
total
The Mind Trust Incunclassified
$1.5M
Share Our Strengthunclassified
$20k
funders
1
1
3
4
4
3

From the IRS filings of ADELANTE SCHOOLS INC’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

ADELANTE SCHOOLS INC leans on a few funders — its largest provides 89% 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

89%
largest funder
99%
top three
~1
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 50% · 2023 84% — diversifying over time.

“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.

Where its funders are

100% of ADELANTE SCHOOLS INC's grant income comes from Indiana funders.

IN
CO
DC

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

’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. 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.

04Its place in the field

Against its field

ADELANTE SCHOOLS INC holds deeper cash reserves than three-quarters of the 9,398 education nonprofits its size.

Operating margin9% · above the median
Months of reserve8.5mo · top quartile
Revenue growth (annualized)13% · above the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like ADELANTE SCHOOLS INC

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

In Indiana

Nationally

05Profile & governance

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

Where the money goes

73% of spending goes to programs.

Program 73%Management 27%Fundraising 0%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

IN

Screen this organization

A dated, signed PDF of the compliance screen for ADELANTE SCHOOLS INC: 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.

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

Questions and answers

Who funds ADELANTE SCHOOLS INC?
ADELANTE SCHOOLS INC (Indiana) receives grants from 7 organizations whose IRS filings report $16,464,645 to it, the largest being LILLY ENDOWMENT INC ($14,670,500). 4 of them have funded it in more than one year.
How many funders does ADELANTE SCHOOLS INC have?
IRS filings report 7 organizations giving $16,464,645 in grants to ADELANTE SCHOOLS INC, 4 of which have funded it in more than one year.
Who is the largest funder of ADELANTE SCHOOLS INC?
LILLY ENDOWMENT INC is the largest funder on record, with $14,670,500 in grants. The full list of funders is on this page.
How can an organization like ADELANTE SCHOOLS INC 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.

Play a game about who funds Adelante Schools →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 7 funders 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 October 14, 2026. What this page cannot tell you · view filing