Nonprofit screen
Screen a listIndependent Colleges of Indiana Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- Type I
$29Mrevenue
FY2025 · +29% in 3 yrs15staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin7.5%
Months of reserve2.9mo
Revenue growth (annualized)+1.6%
Middle half of peersMedianIndependent Colleges of Indiana
Where the money goes FY2025 · $26M spent
Programs$25M96%Management and general$1.0M4%Fundraising$114k0%990 FY2025 · Part IX line 25
Nothing to check in the filings
In its favor2
Strong governance
41 of 42 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 9 of its 9 returns, 5% of revenue in FY2025.
990 Part VIII16funders
$25Ma year, last 3 years
98%from its largest funder
Funder’17’18’19’20’21’22’23Lilly Endowment IncEvery year since FY2017$21M$41M$25M$14M$32M$21M$19MJohn W Anderson FoundationEvery year since FY2017$100k$125k$125k$125k$125k$125k$125kCouncil of Independent CollegesEvery year since FY2017$81k$123k$122k$90k$90k$93k$94kBall Brothers FoundationOn and off$75k$75k$80k$105k$100k$100kNicholas H Noyes Jr Memorial FoundationSince FY2020$50k$50k$120k$60kUnited Way of the Greater Lehigh ValleyStopped after FY2020$10k$15k$22k$17k–9 other fundersUp to $12k a year each$14k$13k$16k$6k$7k$17k$6k
FundedStopped