Indiana · Nonprofit
ALLEGIANT PREPARATORY ACADEMY
ALLEGIANT PREPARATORY ACADEMY (Indiana) receives grants from 4 organizations whose IRS filings report $2,752,512 to it, the largest being LILLY ENDOWMENT INC ($2,250,000). 2 of them have funded it in more than one year.
- Revenue FY2025
- $2.8M
- Funders on record
- 4
- Grants received
- $2.8M
- Net assets
- $1.4M
What Allegiant Preparatory Academy does
Mission
Allegiant Preparatory Academy educates all students in grades k-8 with rigorous academics, character development, and a commitment to community necessary for college success and a life of positive action.
As stated on its FY2025 Form 990.
Programs
24-25 sy - 90% of 3rd graders passed the iread 3 assessment. We exceeded our goal by 20% due to leveraging small group foundational literacy instruction and standard-based computer adaptive instruction during the week. The majority of our 3rd graders have mastered lower academy reading skills.
$1,908,178 spent$14,606 earned by the program100% of program spending24-25 sy - 70% of our k-2 scholars met their eoy nwea math growth goals. We exceeded our goal by 17% due to leveraging the zearn curriculum. Scholars were provided a hybrid of small group instruction, independent work time, and standard based computer adaptive instruction during the week.
24-25 sy - our average daily student attendance for the school year was 95%. Our staff work hard to ensure scholars arrive to an environment that is stable, consistent and conducive to learning. As a result our families and scholars are invested in ensuring they are present each day. Our dean of students and family supports works hard to track daily attendance, and identify support for families that may be struggiling to get their child to school each day. As a result, our scholars spend more time over the course of 179 day school year at school, receiving a hybrid of instruction to support a range of different learners.
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,908,178.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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.
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 $635k to $1.7M (+160%).
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.
Government-grant reliance: 2018 99% · 2019 97% · 2020 99% · 2021 100% · 2022 92% · 2023 96% · 2024 95% · 2025 80%. Grants only. Government contracts and fees sit inside program revenue.
98% of ALLEGIANT PREPARATORY ACADEMY’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
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
Rick Anderson
Executive director
Board chair
Daniel Harting
Board chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2018 → 2023: the base held at 1 funder, grant income fell $100k → $56k.
From the IRS filings of ALLEGIANT PREPARATORY ACADEMY’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
ALLEGIANT PREPARATORY ACADEMY leans on a few funders — its largest provides 82% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2018 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.
“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
96% of ALLEGIANT PREPARATORY ACADEMY's grant income comes from Indiana funders.
In-state vs out-of-state, by year
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.
Against its field
ALLEGIANT PREPARATORY ACADEMY has grown faster than three-quarters of the 9,398 education nonprofits its size.
this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025
Organizations like ALLEGIANT PREPARATORY ACADEMY
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
76% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for ALLEGIANT PREPARATORY ACADEMY: 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.
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 ALLEGIANT PREPARATORY ACADEMY?
- ALLEGIANT PREPARATORY ACADEMY (Indiana) receives grants from 4 organizations whose IRS filings report $2,752,512 to it, the largest being LILLY ENDOWMENT INC ($2,250,000). 2 of them have funded it in more than one year.
- How many funders does ALLEGIANT PREPARATORY ACADEMY have?
- IRS filings report 4 organizations giving $2,752,512 in grants to ALLEGIANT PREPARATORY ACADEMY, 2 of which have funded it in more than one year.
- Who is the largest funder of ALLEGIANT PREPARATORY ACADEMY?
- LILLY ENDOWMENT INC is the largest funder on record, with $2,250,000 in grants. The full list of funders is on this page.
- How can an organization like ALLEGIANT PREPARATORY ACADEMY 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 Allegiant Preparatory Academy →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 4 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