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Nonprofit · EIN 27-2184783

INDIANA MATH AND SCIENCE ACADEMY-NORTH INDIANAPOLIS

Tax-exempt (reinstated) · INDIANAPOLIS, IN 46240

Financials

$10.3M$9.9M2022$10.4M$10.4M2023$10.1M$10.1M2024
Revenue Expenses · by fiscal year end
Financials of INDIANA MATH AND SCIENCE ACADEMY-NORTH INDIANAPOLIS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$10,130,802$10,115,493$15,309$15,608,854$13,528,378$2,080,476
June 30, 2024990$10,381,496$10,447,247-$65,751$16,146,470$14,081,303$2,065,167
June 30, 2023990$10,259,590$9,917,881$341,709$16,139,374$14,008,456$2,130,918
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$9,815,922
of which government grants
$9,469,182
Program service revenue
$26,674
Investment income
$124,127
Net rental income
$96,413
Other revenue
$164,079

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$127,283
Other salaries and wages
$4,428,618
Salaries, compensation and benefits (total)
$5,542,882
Professional fundraising fees
$0
Legal fees
$5,046
Accounting fees
$27,875
Occupancy
$405,384
Travel
$17,509
Depreciation
$374,697
Program services (functional)
$7,707,293
Management and general (functional)
$2,408,200

Balance sheet and other

Total assets, start of year
$16,146,470
Total assets, end of year
$15,608,854
Total liabilities, end of year
$13,528,378
Net assets, end of year
$2,080,476
Land, buildings and equipment
$11,324,423
Net assets without donor restrictions
$2,080,476
Gross receipts
$10,130,802
Employees
121
Volunteers
25
Year formed
2010
State of legal domicile
IN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
BARBARA GARRETTPRINCIPAL
Officer
40$94,736$10,721
JIM SPARKSBOARD CHAIR
Trustee or director, Officer
1$0$0
DANIEL PIERSONVICE BOARD CHAIR
Trustee or director, Officer
1$0$0
BERNICE VALENTINE-WATTSACD. EXCELLENCE COMMITTEE CHAIR
Trustee or director, Officer
1$0$0
TOBY MILLERFINANCE CHAIR
Trustee or director, Officer
1$0$0
NIKOLA L COLEMANMEMBER
Trustee or director
1$0$0
CHARISE FRAZIERMEMBER
Trustee or director
1$0$0
NESTOR PEREZMEMBER
Trustee or director
1$0$0
ALONZO ROSSMEMBER
Trustee or director
1$0$0
JAZMIN SANDERSMEMBER
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensationOther / benefits
RUTH HURRLEPRINCIPAL
Officer
40$67,906$4,518
JIM SPARKSBOARD CHAIR
Trustee or director, Officer
1$0$0
DANIEL PIERSONVICE BOARD CHAIR
Trustee or director, Officer
1$0$0
TOBY MILLERFINANCE CHAIR
Trustee or director, Officer
1$0$0
BERNICE VALENTINE-WATTSACD. EXCELLENCE CHAIR
Trustee or director
1$0$0
NIKOLA L COLEMANMEMBER
Trustee or director
1$0$0
CHARISE FRAZIERMEMBER
Trustee or director
1$0$0
ALONZO ROSSMEMBER
Trustee or director
1$0$0
NESTOR PEREZMEMBER
Trustee or director
1$0$0
JAZMIN SANDERSMEMBER
Trustee or director
1$0$0
BARBARA GARRETTPRINCIPAL
Officer
40$0$0
990 for the year ended June 30, 2023: 7 people
NameTitleHours / weekCompensation
JIM SPARKSBOARD CHAIR
Trustee or director, Officer
1$0
DANIEL PIERSONVICE BOARD CHAIR
Trustee or director, Officer
1$0
TOBY MILLERFINANCE CHAIR
Trustee or director, Officer
1$0
BERNICE VALENTINE-WATTSACD. EXCELLENCE CHAIR
Trustee or director
1$0
FIRDAS ABAMISLIMOVAMEMBER
Trustee or director
1$0
NIKOLA L COLEMANMEMBER
Trustee or director
1$0
CHARISE FRAZIERMEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
7435 N KEYSTONE AVE, INDIANAPOLIS, IN 46240-4367
Principal officer (990 for 2024)
JIM SPARKS, 7435 N KEYSTONE AVE, INDIANAPOLIS, IN 46240
Signed the 990
JIM SPARKS, CHAIRMAN
Phone
(317) 259-7300
Return prepared by
DONOVAN PC

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.

990 for the year ended June 30, 2025

Program accomplishments

  • 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.
    Expenses $7,707,293 · revenue $190,753
  • 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
  • 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

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
27-2184783
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2013
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$15,608,854
Income (IRS master file)
$10,130,802

Revocation and reinstatement

Exemption revoked
November 15, 2010
Posted by the IRS
July 9, 2013
Reinstated
Effective February 15, 2012

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$10,130,802$10,115,493$15,608,854XML
990June 2024$10,381,496$10,447,247$16,146,470XML
990June 2023$10,259,590$9,917,881$16,139,374XML
990June 2022$9,488,343$9,199,254$15,463,931IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-2184783).

Questions about INDIANA MATH AND SCIENCE ACADEMY-NORTH INDIANAPOLIS

What is the EIN of INDIANA MATH AND SCIENCE ACADEMY-NORTH INDIANAPOLIS?
The employer identification number (EIN) of INDIANA MATH AND SCIENCE ACADEMY-NORTH INDIANAPOLIS is 27-2184783.
Is INDIANA MATH AND SCIENCE ACADEMY-NORTH INDIANAPOLIS tax-exempt?
Yes. The IRS revoked its exemption on November 15, 2010 and reinstated it effective February 15, 2012.
Are donations to INDIANA MATH AND SCIENCE ACADEMY-NORTH INDIANAPOLIS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INDIANA MATH AND SCIENCE ACADEMY-NORTH INDIANAPOLIS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INDIANA MATH AND SCIENCE ACADEMY-NORTH INDIANAPOLIS due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INDIANA MATH AND SCIENCE ACADEMY-NORTH INDIANAPOLIS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of INDIANA MATH AND SCIENCE ACADEMY-NORTH INDIANAPOLIS?
The 990 for the year ended June 30, 2025 names JIM SPARKS.
Who are the officers and directors of INDIANA MATH AND SCIENCE ACADEMY-NORTH INDIANAPOLIS?
The 990 for the year ended June 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $94,736 (BARBARA GARRETT, PRINCIPAL).
How much revenue does INDIANA MATH AND SCIENCE ACADEMY-NORTH INDIANAPOLIS have?
On its 990 for the year ended June 30, 2025 it reported revenue of $10,130,802, expenses of $10,115,493 and total assets of $15,608,854 at year end.

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