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Indiana · Nonprofit

INDIANA MATH & SCIENCE ACADEMY NORTH INDIANAPOLIS INC

INDIANA MATH & SCIENCE ACADEMY NORTH INDIANAPOLIS INC (Indiana) receives grants from 3 organizations whose IRS filings report $235,162 to it, the largest being THE MIND TRUST INC ($150,000). 1 of them have funded it in more than one year.

Revenue FY2025
$10M
Funders on record
3
Grants received
$235k
Net assets
$2.1M
1/3 repeat funders
01What it does

What Indiana Math & Science Academy North Indianapolis Inc does

Mission

To prepare students for college by creating an effective learning community of higher standards and expectations with a rigorous curriculum focusing on science, math, and technology.

As stated on its FY2025 Form 990.

Programs

  1. Our school offered an academic program aimed at providing a comprehensive and nurturing educational environment for students in kindergarten through 12th grade and to foster academic excellence, personal growth, and social development. Through a rigorous curriculum, dedicated educators, and a supportive community, we strive to equip students with essential knowledge, critical thinking skills, and values that will prepare them for success in higher education and in life.clients served: 680 students in grades k-12.duration: provided throughout the academic year, consisting of 30-week sessions.activities: conducted daily lessons and interactive learning activities, resulting in an average 5% improvement in standardized test scores.

    $7,707,293 spent$190,753 earned by the program
    100% of program spending
  2. Summer enrichment program:objective: our school offered an academic enrichment program aimed at improving students' core skills in math and language arts.clients served: approximately 150 students, parents, and community members.duration: during summer break, from june to mid july.activities: conducted daily math and ela lessons, tutoring sessions, and interactive learning activities

  3. Steam extracurricular program:objective: offered a science, technology, engineering, arts, and math (steam) program to promote hands-on learning and creativity.clients served: 680 students in grades k-12.duration: two semesters.activities: conducted weekly steam lessons, including robotics, coding, and art projects, resulting in a 20% increase in student interest in steam-related subjects

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $7,707,293.

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 ($5.7M) Expenses 100 ($6.1M) Net assets 100 ($288k)2018 Revenue 107 ($6.1M) Expenses 102 ($6.2M) Net assets 54 ($155k)2019 Revenue 115 ($6.6M) Expenses 107 ($6.5M) Net assets 64 ($185k)2020 Revenue 124 ($7.1M) Expenses 114 ($7.0M) Net assets 110 ($318k)2021 Revenue 159 ($9.1M) Expenses 130 ($7.9M) Net assets 520 ($1.5M)2022 Revenue 166 ($9.5M) Expenses 151 ($9.2M) Net assets 620 ($1.8M)2023 Revenue 179 ($10M) Expenses 162 ($9.9M) Net assets 739 ($2.1M)2024 Revenue 181 ($10M) Expenses 171 ($10M) Net assets 716 ($2.1M)2025 Revenue 177 ($10M) Expenses 166 ($10M) Net assets 722 ($2.1M)
'17'18'19'20'21'22'23'24'25
Revenue (177)Expenses (166)Net assets (722)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 2021 to 2022, from $2.4M to $15M (+550%).

$707k
$728k
$855k
$1.9M
$2.4M
$15M
$16M
$16M
$16M
'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 98% · 2018 98% · 2019 99% · 2020 99% · 2021 99% · 2022 99% · 2023 97% · 2024 95% · 2025 93%. Grants only. Government contracts and fees sit inside program revenue.

97% of INDIANA MATH & SCIENCE ACADEMY NORTH INDIANAPOLIS INC’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.

−$385k
’17
−$134k
’18
$30k
’19
$133k
’20
$1.2M
’21
$289k
’22
$342k
’23
−$66k
’24
$15k
’25
4.0
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
Listed1210998971110
Joined·+2+3+0+0+1+1+5+0
No longer listed·44010311
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

From the IRS filings of INDIANA MATH & SCIENCE ACADEMY NORTH INDIANAPOLIS 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

INDIANA MATH & SCIENCE ACADEMY NORTH INDIANAPOLIS INC leans on a few funders — its largest provides 64% 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

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund INDIANA MATH & SCIENCE ACADEMY NORTH INDIANAPOLIS INC.

64%
largest funder
100%
top three
~2
effective funders

“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 INDIANA MATH & SCIENCE ACADEMY NORTH INDIANAPOLIS INC's grant income comes from Indiana funders.

IN

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

INDIANA MATH & SCIENCE ACADEMY NORTH INDIANAPOLIS INC is better cushioned than half of the 3,758 education nonprofits its size.

Operating margin0% · below the median
Months of reserve4.0mo · above the median
Revenue growth (annualized)7% · above the median

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

Organizations like INDIANA MATH & SCIENCE ACADEMY NORTH INDIANAPOLIS 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

76% of spending goes to programs.

Program 76%Management 24%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

Part of a family of 1 related entity

  • Indiana Math & Science Academy - Indianapolis Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for INDIANA MATH & SCIENCE ACADEMY NORTH INDIANAPOLIS 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 INDIANA MATH & SCIENCE ACADEMY NORTH INDIANAPOLIS INC?
INDIANA MATH & SCIENCE ACADEMY NORTH INDIANAPOLIS INC (Indiana) receives grants from 3 organizations whose IRS filings report $235,162 to it, the largest being THE MIND TRUST INC ($150,000). 1 of them have funded it in more than one year.
How many funders does INDIANA MATH & SCIENCE ACADEMY NORTH INDIANAPOLIS INC have?
IRS filings report 3 organizations giving $235,162 in grants to INDIANA MATH & SCIENCE ACADEMY NORTH INDIANAPOLIS INC, 1 of which have funded it in more than one year.
Who is the largest funder of INDIANA MATH & SCIENCE ACADEMY NORTH INDIANAPOLIS INC?
THE MIND TRUST INC is the largest funder on record, with $150,000 in grants. The full list of funders is on this page.
How can an organization like INDIANA MATH & SCIENCE ACADEMY NORTH INDIANAPOLIS 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.

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 3 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