Indianapolis Algebra Project Inc
- Assets
- $474.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Indianapolis, IN
- Founding
- 07/1999
- Data as of
- 10/2022
- EIN
- 35-2073414
Organization Overview
Indianapolis Algebra Project Inc is located in Indianapolis, IN. The organization was established in 1999. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 10/2022, Indianapolis Algebra Project Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indianapolis Algebra Project Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 10/2022, Indianapolis Algebra Project Inc generated $11.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (34.9%) each year. All expenses for the organization totaled $69.9k during the year ending 10/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
COLLEGE SCHOLARSHIPS FOR MATH, SCIENCE AND TECHNOLOGY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Ogle Executive Di | 3 | $0 | |
Mary Ogle Treasurer | 4 | $0 | |
Gail Rinwalt President | 2 | $0 | |
Jacquelyn Guyn Secretary | 1 | $0 | |
Chalinda Anderson Vice Preside | 1 | $0 | |
Faith Serf Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $11,000 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,002 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,004 |
| Occupancy, rent, utilities, and maintenance | $7,724 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $59,166 |
| Total expenses | $69,894 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $447,842 |
| Other assets | $0 |
| Total assets | $474,169 |
| Total liabilities | $0 |
| Net assets or fund balances | $474,169 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Indianapolis Algebra Project Inc has recieved totaling $44,500.
| Awarding Organization | Amount |
|---|---|
Lilly Endowment Inc Indianapolis, IN PURPOSE: SUMMER YOUTH PROGRAM | $35,000 |
Indianapolis Foundation Inc Indianapolis, IN PURPOSE: Indianapolis Algebra Project Summer Math Program | $9,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edchoice Inc Indianapolis, IN | $20,542,454 | $10,117,129 |
Teachers Treasures Inc Indianapolis, IN | $1,070,406 | $9,359,257 |
Academy For Urban School Leadership Chicago, IL | $9,385,123 | $10,302,671 |
Primo Center For Women And Children Chicago, IL | $5,281,489 | $8,337,109 |
North Chicago Education Fund Chicago, IL | $29,249,144 | $33,611 |
Racine Charter One Inc Racine, WI | $5,378,275 | $6,487,272 |
Rockford Rescue Mission Ministries Rockford, IL | $21,367,986 | $9,020,470 |
Hands Of Hope Of Illinois Joliet, IL | $1,296,526 | $5,994,753 |
Communities In Schools Of Chicago Chicago, IL | $8,973,055 | $9,274,759 |
Uw-Platteville Real Estate Foundation Inc Platteville, WI | $45,856,338 | $5,901,983 |
Kauffman Scholars Inc Kansas City, MO | $2,305,850 | $5,242,341 |
Beacon Inc Bloomington, IN | $1,150,566 | $4,444,420 |