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Indiana · Nonprofit

AVONDALE MEADOWS ACADEMY INC D/B/A UNITED SCHOOLS OF INDIANAPOLIS

AVONDALE MEADOWS ACADEMY INC D/B/A UNITED SCHOOLS OF INDIANAPOLIS (Indiana) receives grants from 17 organizations whose IRS filings report $5,539,052 to it, the largest being LILLY ENDOWMENT INC ($4,302,000). 9 of them have funded it in more than one year.

Revenue FY2025
$17M
Funders on record
17
Grants received
$5.5M
Net assets
$11M
9/17 repeat funderspeak grant-dependency 2%
01What it does

What Avondale Meadows Academy Inc D/B/A United Schools of Indianapolis does

Mission

See schedule ounited schools of indianapolis (usi) is a network of tuition-free public charter schools founded on the core knowledge curriculum. The schools are open to all students. The core focus is to provide an outstanding education for our children equipping them with the knowledge, wisdom, core values, and behaviors to be successful in life.

As stated on its FY2025 Form 990.

Program

  1. Avondale meadows academy, inc. Dba united schools of indianapolis (usi) operates three charter schools in indianapolis, indiana. The first, avondale meadows academy ("ama"), was founded to serve students in the avondale meadows community of indianapolis who otherwise did not have access to quality public schools. It opened in 2006 under the name challenge foundation academy. In spring 2014, ama changed the name to avondale meadows academy to reflect the ties to the local community. Ama in grades k-5. In fall 2014, usi opened a second school, vision academy @ riverside ("var"), on the west side of indianapolis. Var serves grades k - 8 and is near its capacity of 460 students. In fall 2017, usi opened avondale meadows middle school (amm) in an expansion to the current ama facility. Amms has the capacity to serve 300 students in grades 6-8. Currently, their enrollment is 165.all usi schools are tuition-free quality public charter schools and their work is driven by their mission to ensure every student realizes their full potential by providing each student with what he/she needs to be successful.

    $11,031,297 spent$36,190 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $11,031,297.

02The 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 ($9.4M) Net assets 100 ($2.5M)2018 Revenue 101 ($10M) Expenses 121 ($11M) Net assets 50 ($1.3M)2019 Revenue 115 ($12M) Expenses 126 ($12M) Net assets 35 ($873k)2020 Revenue 117 ($12M) Expenses 125 ($12M) Net assets 31 ($776k)2021 Revenue 135 ($13M) Expenses 132 ($12M) Net assets 71 ($1.8M)2022 Revenue 144 ($14M) Expenses 147 ($14M) Net assets 88 ($2.2M)2023 Revenue 157 ($16M) Expenses 166 ($16M) Net assets 96 ($2.4M)2024 Revenue 236 ($24M) Expenses 169 ($16M) Net assets 409 ($10M)2025 Revenue 167 ($17M) Expenses 175 ($17M) Net assets 416 ($11M)
'17'18'19'20'21'22'23'24'25
Revenue (167)Expenses (175)Net assets (416)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 2023 to 2024, from $24M to $31M (+32%).

$24M
$24M
$23M
$23M
$23M
$23M
$24M
$31M
$31M
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 87% · 2018 97% · 2019 94% · 2020 97% · 2021 89% · 2022 98% · 2023 96% · 2024 64% · 2025 89%. Grants only. Government contracts and fees sit inside program revenue.

98% of AVONDALE MEADOWS ACADEMY INC D/B/A UNITED SCHOOLS OF INDIANAPOLIS’s revenue is contributions — more reliant on donations than three-quarters of its peers (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$563k
’17
−$1.2M
’18
−$383k
’19
−$105k
’20
$1.0M
’21
$434k
’22
$82k
’23
$7.6M
’24
$185k
’25
3.3
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.

'17'18'19'20'21'22'23'24'25
Listed91012121211121217
Joined·+1+4+0+3+0+2+3+9
No longer listed·02031134
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 9 funders, grant income rose $130k → $157k.

5 of 17 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of AVONDALE MEADOWS ACADEMY INC D/B/A UNITED SCHOOLS OF INDIANAPOLIS’s funders (the co-funder graph). Top 15 of 17 funders by total. 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

AVONDALE MEADOWS ACADEMY INC D/B/A UNITED SCHOOLS OF INDIANAPOLIS leans on a few funders — its largest provides 78% of grant income and the top three 94%; half comes from just 1 funder.

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

78%
largest funder
94%
top three
~2
effective funders

Largest funder’s share by year: 2017 77% · 2018 100% · 2019 78% · 2020 89% · 2021 40% · 2022 46% · 2023 58% — 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.

How long its funders stay

33% of AVONDALE MEADOWS ACADEMY INC D/B/A UNITED SCHOOLS OF INDIANAPOLIS's funders are still giving 3 years after their first grant; 53% give in more than one year at all.

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

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

98% of AVONDALE MEADOWS ACADEMY INC D/B/A UNITED SCHOOLS OF INDIANAPOLIS's grant income comes from Indiana funders.

MI
IN
TN

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. $183k arriving through sponsors registered in 5 states is 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.

04Its place in the field

Against its field

AVONDALE MEADOWS ACADEMY INC D/B/A UNITED SCHOOLS OF INDIANAPOLIS is better cushioned than half of the 3,758 education nonprofits its size.

Operating margin1% · below the median
Months of reserve3.3mo · above the median
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Organizations like AVONDALE MEADOWS ACADEMY INC D/B/A UNITED SCHOOLS OF INDIANAPOLIS

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

67% of spending goes to programs.

Program 67%Management 32%Fundraising 1%

Governance

9
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 AVONDALE MEADOWS ACADEMY INC D/B/A UNITED SCHOOLS OF INDIANAPOLIS: 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 AVONDALE MEADOWS ACADEMY INC D/B/A UNITED SCHOOLS OF INDIANAPOLIS?
AVONDALE MEADOWS ACADEMY INC D/B/A UNITED SCHOOLS OF INDIANAPOLIS (Indiana) receives grants from 17 organizations whose IRS filings report $5,539,052 to it, the largest being LILLY ENDOWMENT INC ($4,302,000). 9 of them have funded it in more than one year.
How many funders does AVONDALE MEADOWS ACADEMY INC D/B/A UNITED SCHOOLS OF INDIANAPOLIS have?
IRS filings report 17 organizations giving $5,539,052 in grants to AVONDALE MEADOWS ACADEMY INC D/B/A UNITED SCHOOLS OF INDIANAPOLIS, 9 of which have funded it in more than one year.
Who is the largest funder of AVONDALE MEADOWS ACADEMY INC D/B/A UNITED SCHOOLS OF INDIANAPOLIS?
LILLY ENDOWMENT INC is the largest funder on record, with $4,302,000 in grants. The full list of funders is on this page.
How can an organization like AVONDALE MEADOWS ACADEMY INC D/B/A UNITED SCHOOLS OF INDIANAPOLIS 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 Avondale Meadows Academy Inc D/B/A United Schools of Indianapolis →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 17 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