Nonprofit · EIN 20-1738905
VICTORY COLLEGE PREP INC
Tax-exempt · INDIANAPOLIS, IN 46203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $17,459,710 | $17,519,924 | -$60,214 | $20,048,496 | $14,352,674 | $5,695,822 |
| June 30, 2024 | 990 | $18,071,924 | $16,881,331 | $1,190,593 | $20,689,419 | $14,933,383 | $5,756,036 |
| June 30, 2023 | 990 | $17,997,642 | $14,716,919 | $3,280,723 | $19,181,231 | $14,615,788 | $4,565,443 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $16,908,390
- of which government grants
- $15,000,348
- Program service revenue
- $198,171
- Investment income
- $193,864
- Other revenue
- $159,285
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $372,081
- Other salaries and wages
- $8,121,631
- Salaries, compensation and benefits (total)
- $10,431,219
- Professional fundraising fees
- $0
- Legal fees
- $39,463
- Accounting fees
- $88,284
- Occupancy
- $825,857
- Travel
- $1,585
- Depreciation
- $1,192,015
- Program services (functional)
- $14,934,561
- Management and general (functional)
- $2,585,363
Balance sheet and other
- Total assets, start of year
- $20,689,419
- Total assets, end of year
- $20,048,496
- Total liabilities, end of year
- $14,352,674
- Net assets, end of year
- $5,695,822
- Land, buildings and equipment
- $14,462,346
- Net assets without donor restrictions
- $5,183,822
- Net assets with donor restrictions
- $512,000
- Gross receipts
- $17,459,710
- Employees
- 224
- Volunteers
- 20
- Year formed
- 2004
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RYAN GALL | EXECUTIVE DIRECTOR Officer | 50 | $183,933 | $38,132 |
| PATRICIA SCHELLING | DIRECTOR OF FINANCE Officer | 50 | $98,808 | $22,816 |
| MARCIE BROWN-CARTER | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| KARA MASTERSON | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| ADAM COLLINS | MEMBER Trustee or director | 5 | $0 | $0 |
| ANNA WATSON | MEMBER Trustee or director | 5 | $0 | $0 |
| DWAYNE WRIGHT | MEMBER Trustee or director | 5 | $0 | $0 |
| JOHN MARSHALL | MEMBER Trustee or director | 5 | $0 | $0 |
| MONICA HINGST | MEMBER Trustee or director | 5 | $0 | $0 |
| SHANE RUSSELL | MEMBER Trustee or director | 5 | $0 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RYAN GALL | EXECUTIVE DIRECTOR Officer | 50 | $184,480 | $24,838 |
| LUKE KAHREN | CHIEF OPERATING OFFICER Officer | 50 | $19,904 | $2,655 |
| MARCIE BROWN-CARTER | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| KARA MASTERSON | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| ADAM COLLINS | MEMBER Trustee or director | 5 | $0 | $0 |
| MONICA HINGST | MEMBER Trustee or director | 5 | $0 | $0 |
| JOHN MARSHALL | MEMBER Trustee or director | 5 | $0 | $0 |
| JOSEPH MYERS | MEMBER Trustee or director | 5 | $0 | $0 |
| SHANE RUSSELL | MEMBER Trustee or director | 5 | $0 | $0 |
| ANNA WATSON | MEMBER Trustee or director | 5 | $0 | $0 |
| DWAYNE WRIGHT | MEMBER Trustee or director | 5 | $0 | $0 |
990 for the year ended June 30, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RYAN GALL | EXECUTIVE DIRECTOR Officer | 40 | $172,919 | $11,206 |
| KIM RANDALL | K-6 PRINCIPAL Highest-paid employee | 40 | $121,281 | $6,241 |
| JESS MONK | CHIEF OPERATING OFFICER Officer | 40 | $110,379 | $6,241 |
| CHELSEA EASTER | 7-12 PRINCIPAL Highest-paid employee | 40 | $107,439 | $0 |
| MOLLY CRAFT | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| KARA MASTERSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MARCIE BROWN-CARTER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ADAM COLLINS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ALEXIS-SIMONE CALVIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANNA WATSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN MARSHALL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOSEPH MYERS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MONICA HINGST | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1780 SLOAN AVE, INDIANAPOLIS, IN 46203-3640
- Principal officer (990 for 2024)
- RYAN GALL, 1780 SLOAN AVE, INDIANAPOLIS, IN 46203
- Signed the 990
- RYAN GALL, EXECUTIVE DIRECTOR
- Phone
- (317) 351-1534
- Website
- WWW.VICTORYCOLLEGEPREP.ORG
- 990-N for 2010 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Michael Ronan, 1661 Worcester Road, Framingham MA 01701. Mailing address: 1661 Worcester Road, Framingham MA 01701.
- Return prepared by
- DONOVAN PC
Mission
OUR APPROACH IS TO ENSURE ACADEMIC SUCCESS BY INCREASING INSTRUCTIONAL TIME, SMALL CLASS SIZES, AND PROVIDING AN ACADEMIC FOUNDATION. OUR CORE VALUES ARE PERSEVERANCE, COMMUNICATION, COLLABORATION, AND CRITICAL THINKING.
Program accomplishments
- ENROLLMENT - VCP HAS INCREASED NEW ENROLLMENT BY ALMOST 30% TO OUR LARGEST STUDENT ENROLLMENT IN VCP HISTORY AT 1300 STUDENTS, WHILE MAINTAINING A YEAR-TO-YEAR STUDENT RETENTION RATE ABOVE 90%.Expenses $14,934,561 · revenue $357,456
- COLLEGE AND CAREER READINESS - THROUGH OUR COLLEGE AND CAREER READINESS PROGRAM, 40% OF OUR HIGH SCHOOL GRADUATES GRADUATED WITH 30 COLLEGE CREDITS, MAKING THEM A SOPHOMORE ON THEIR FIRST DAY OF COLLEGE--AN INCREASE OF 16% FROM THE PREVIOUS YEAR.
- ALUMNI COACHING - THROUGH OUR ALUMNI COACHING AND CAREER TRAINING PROGRAMS, WE HAVE INCREASED OUR COLLEGE MATRICULATION TO 62% FOR THE FIRST SEMESTER OF COLLEGE.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-1738905
- 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
- 2005
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $20,048,496
- Income (IRS master file)
- $17,459,710
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $17,459,710 | $17,519,924 | $20,048,496 | XML |
| 990 | June 2024 | $18,071,924 | $16,881,331 | $20,689,419 | XML |
| 990 | June 2023 | $17,997,642 | $14,716,919 | $19,181,231 | XML |
| 990 | June 2022 | $15,931,838 | $13,025,462 | $16,035,849 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2010 Officer: Michael Ronan Filed under this EIN, most likely by a chapter or affiliate | June 30, 2011 | ≤ $50,000 receipts | – | – | e-Postcard |
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 20-1738905).
Questions about VICTORY COLLEGE PREP INC
- What is the EIN of VICTORY COLLEGE PREP INC?
- The employer identification number (EIN) of VICTORY COLLEGE PREP INC is 20-1738905.
- Is VICTORY COLLEGE PREP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to VICTORY COLLEGE PREP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VICTORY COLLEGE PREP INC 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 VICTORY COLLEGE PREP INC 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 VICTORY COLLEGE PREP INC 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 VICTORY COLLEGE PREP INC?
- The 990 for the year ended June 30, 2025 names RYAN GALL.
- Who are the officers and directors of VICTORY COLLEGE PREP INC?
- The 990 for the year ended June 30, 2025 lists 10 people; 2 received compensation from the organization, the highest $183,933 (RYAN GALL, EXECUTIVE DIRECTOR).
- How much revenue does VICTORY COLLEGE PREP INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $17,459,710, expenses of $17,519,924 and total assets of $20,048,496 at year end.
Other nonprofits in INDIANAPOLIS
- BUTLER UNIVERSITY EIN 35-0867977 · last filed 990 for 2025
- UNIVERSITY OF INDIANAPOLIS EIN 35-0868107 · last filed 990 for 2025
- MARIAN UNIVERSITY EIN 35-0868175 · last filed 990 for 2025
- IU MEDICAL GROUP FOUNDATION INC EIN 20-1093251 · last filed 990 for 2025
- PROJECT LEAD THE WAY INC EIN 36-4802935 · last filed 990 for 2025
- THE MIND TRUST INC EIN 20-4560286 · last filed 990 for 2025
- PHALEN LEADERSHIP ACADEMIES INDIANA EIN 36-4729586 · last filed 990 for 2025
- GOODWILL EDUCATION INITIATIVES INC EIN 20-0749885 · last filed 990 for 2025