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Indiana · Nonprofit

Institute for Workforce Excellence Inc

Institute for Workforce Excellence Inc (Indiana) receives grants from 8 organizations whose IRS filings report $4,601,150 to it, the largest being LILLY ENDOWMENT INC ($3,785,650). 5 of them have funded it in more than one year.

Revenue FY2025
$1.2M
Funders on record
8
Grants received
$4.6M
Net assets
$1.3M
5/8 repeat fundersgrants exceed reported revenue in one year
01What it does

What Institute for Workforce Excellence Inc does

Mission

The institute for workforce excellence is dedicated to helping indiana attract, develop and retain hoosier talent needed to drive a highly skilled and equitable workforce.

As stated on its FY2025 Form 990.

Programs

  1. Launch a talent resource navigator, an online tool designed to provide the most up-to-date information about educational and job training opportunities, in-demand skills and employment data for indiana. This effort will help employers enhance their workers' skills and individuals learn about what they need for available jobs.

    $743,375 spent
    65% of program spending
  2. Work and learn indiana is the catalyst for expanding the creation and use of high-quality experiential learning opportunities as key strategy in retaining indiana's top talent. The program links indiana employers, learners, high schools, colleges and universities. It is a dynamic, searchable database, matching and reporting system that also provides resources and guidance on work-based learning opportunities.

    $407,454 spentof which $25,000 as grants$15,000 earned by the program
    35% of program spending
  3. Provides skills-based hiring, training and support to businesses across the state. This training provides employers with the resources and knowledge to differentiate their hiring and onboarding processes, opening new opportunities to skilled candidates and broadening the applicant pool for employers.

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,150,829.

02The organization over time

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.

100 = 20182018 Revenue 100 ($397k) Expenses 100 ($497k) Net assets 100 ($1.4M)2020 Revenue 90 ($356k) Expenses 90 ($450k) Net assets 86 ($1.2M)2021 Revenue 798 ($3.2M) Expenses 252 ($1.3M) Net assets 226 ($3.2M)2022 Revenue 375 ($1.5M) Expenses 414 ($2.1M) Net assets 186 ($2.6M)2023 Revenue 291 ($1.2M) Expenses 374 ($1.9M) Net assets 136 ($1.9M)2024 Revenue 173 ($687k) Expenses 274 ($1.4M) Net assets 88 ($1.2M)2025 Revenue 298 ($1.2M) Expenses 236 ($1.2M) Net assets 89 ($1.3M)
2018202020212022202320242025
Revenue (298)Expenses (236)Net assets (89)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 2020 to 2021, from $1.3M to $3.6M (+184%).

$1.4M
$1.3M
$3.6M
$2.7M
$2.1M
$1.3M
$1.3M
2018202020212022202320242025
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.

2018
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 70% · 2021 6% · 2022 47% · 2023 78% · 2024 74% · 2025 56%. Grants only. Government contracts and fees sit inside program revenue.

95% of Institute for Workforce Excellence Inc’s revenue is contributions — more reliant on donations than three-quarters of its peers (16% for the typical peer).

This organization
Typical peer · 1,617 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 7 reported years ran a deficit.

−$101k
’18
−$93k
’20
$1.9M
’21
−$569k
’22
−$707k
’23
−$675k
’24
$10k
’25
14
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.

Board chair

Lori Danielson

Board member, chair

As listed on its FY2025 Form 990.

2018202020212022202320242025
Listed171755567
Joined··+2+1+0+1+1
No longer listed··141000
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $100k → $38k.

From the IRS filings of Institute for Workforce Excellence Inc’s funders (the co-funder graph). Top 7 of 8 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

Institute for Workforce Excellence Inc leans on a few funders — its largest provides 82% 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

82%
largest funder
94%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 83% · 2019 74% · 2020 100% · 2021 81% · 2022 61% · 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

98% of Institute for Workforce Excellence Inc's grant income comes from Indiana funders.

NY
IN

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. 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

Institute for Workforce Excellence Inc holds deeper cash reserves than three-quarters of the 1,012 employment nonprofits its size.

Operating margin1% · below the median
Months of reserve13.5mo · top quartile
Revenue growth (annualized)17% · top quartile

this organization peer median middle 50% of peers· 1,012 employment nonprofits $1M–$10M, FY2025

Organizations like Institute for Workforce Excellence 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

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

5
board members
60%
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 7 related entities

  • Indiana Chamber of Commerce Inc · exempt
  • Indiana Chamber of Commerce Foundation · exempt
  • Indiana Business for Responsive Govt · exempt
  • Indiana Chamber Congressional Action Com (End 61025) · exempt
  • Wellness Council of Indiana · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Institute for Workforce Excellence 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 Institute for Workforce Excellence Inc?
Institute for Workforce Excellence Inc (Indiana) receives grants from 8 organizations whose IRS filings report $4,601,150 to it, the largest being LILLY ENDOWMENT INC ($3,785,650). 5 of them have funded it in more than one year.
How many funders does Institute for Workforce Excellence Inc have?
IRS filings report 8 organizations giving $4,601,150 in grants to Institute for Workforce Excellence Inc, 5 of which have funded it in more than one year.
Who is the largest funder of Institute for Workforce Excellence Inc?
LILLY ENDOWMENT INC is the largest funder on record, with $3,785,650 in grants. The full list of funders is on this page.
How can an organization like Institute for Workforce Excellence 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 2018–2025), and the filings of 8 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