Nonprofit · EIN 20-5751308
INDIANA MATH AND SCIENCE ACADEMY -INDIANAPOLIS INC
Tax-exempt · INDIANAPOLIS, IN 46254
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $9,132,612 | $8,154,392 | $978,220 | $8,598,123 | $1,128,332 | $7,469,791 |
| June 30, 2024 | 990 | $8,746,279 | $8,411,338 | $334,941 | $8,652,415 | $2,160,844 | $6,491,571 |
| June 30, 2023 | 990 | $9,380,764 | $7,597,726 | $1,783,038 | $8,398,266 | $2,241,636 | $6,156,630 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $8,445,611
- of which government grants
- $7,670,731
- Program service revenue
- $638,043
- Investment income
- $48,958
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $133,110
- Other salaries and wages
- $4,259,249
- Salaries, compensation and benefits (total)
- $5,334,399
- Professional fundraising fees
- $0
- Legal fees
- $2,644
- Accounting fees
- $28,585
- Occupancy
- $295,824
- Travel
- $18,032
- Depreciation
- $334,976
- Program services (functional)
- $5,814,307
- Management and general (functional)
- $2,340,085
Balance sheet and other
- Total assets, start of year
- $8,652,415
- Total assets, end of year
- $8,598,123
- Total liabilities, end of year
- $1,128,332
- Net assets, end of year
- $7,469,791
- Land, buildings and equipment
- $5,712,503
- Net assets without donor restrictions
- $6,959,248
- Net assets with donor restrictions
- $510,543
- Gross receipts
- $9,132,612
- Employees
- 109
- Volunteers
- 25
- Year formed
- 2006
- 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 |
|---|---|---|---|---|
| ADAM ATLIHAN | PRINCIPAL Officer | 40 | $118,022 | $13,969 |
| JIM SPARKS | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DANIEL PIERSON | VICE BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| BERNICE VELENTINE-WATTS | ACD. EXCELLENCE COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 |
| TOBY MILLER | FINANCE COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 |
| NIKOLA COLEMAN | MEMBER Trustee or director | 1 | $0 | $0 |
| CHARISE FRAZIER | MEMBER Trustee or director | 1 | $0 | $0 |
| NESTOR PEREZ | MEMBER Trustee or director | 1 | $0 | $0 |
| ALONZO ROSS | MEMBER Trustee or director | 1 | $0 | $0 |
| JAZMIN SANDERS | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ADAM ATLIHAN | PRINCIPAL Officer | 40 | $110,033 | $12,377 |
| JIM SPARKS | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DANIEL PIERSON | VICE BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| TOBY MILLER | FINANCE COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 |
| NIKOLA COLEMAN | MEMBER Trustee or director | 1 | $0 | $0 |
| CHARISE FRAZIER | MEMBER Trustee or director | 1 | $0 | $0 |
| NESTOR PEREZ | MEMBER Trustee or director | 1 | $0 | $0 |
| ALONZO ROSS | MEMBER Trustee or director | 1 | $0 | $0 |
| JAZMIN SANDERS | MEMBER Trustee or director | 1 | $0 | $0 |
| BERNICE VALENTINE-WATTS | ACD. EXCELLENCE COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM SPARKS | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| DANIEL PIERSON | VICE BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| TOBY MILLER | FINANCE CHAIR Trustee or director, Officer | 1 | $0 |
| BERNICE VALENTINE-WATTS | ACD. EXCELLENCE CHAIR Trustee or director | 1 | $0 |
| FIRDAS ABAMISLIMOVA | MEMBER Trustee or director | 1 | $0 |
| NIKOLA COLEMAN | MEMBER Trustee or director | 1 | $0 |
| CHARISE FRAZIER | MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4575 W 38TH ST, INDIANAPOLIS, IN 46254-3313
- In care of
- % KAZIM ELDES
- Principal officer (990 for 2024)
- JIM SPARKS, 4575 W 38TH ST, INDIANAPOLIS, IN 46254
- Signed the 990
- JIM SPARKS, CHAIRMAN
- Phone
- (317) 298-0025
- Website
- HTTPS://WEST.IMSAINDY.ORG/
- Return prepared by
- DONOVAN PC
Mission
TO PROVIDE FOR AN ENVIRONMENT OF LEARNING FOR EDUCATIONALLY UNDER-RESOURCED STUDENTS THROUGH A RIGOROUS COLLEGE PREPARATORY PROGRAM FOCUSING ON SCIENCE, MATHEMATICS, AND TECHNOLOGY IN AN ATMOSPHERE THAT PROVIDES STUDENTS, PARENTS, AND TEACHERS OPPORTUNITIES FOR CONTINUOUS GROWTH, ENABLING THEM TO REACH THEIR HIGHEST POTENTIAL IN LIFE.
Program accomplishments
- OUR SCHOOL OFFERED AN ACADEMIC PROGRAM AIMED AT PROVIDING A COMPREHENSIVE AND NURTURING EDUCATIONAL ENVIRONMENT FOR STUDENTS IN KINDERGARTEN THROUGH 8TH 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: 550 STUDENTS IN GRADES K-8.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 $5,814,307 · revenue $638,043
- 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: 550 STUDENTS IN GRADES K-8.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 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
- 20-5751308
- 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
- 2007
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B290)
- Assets (IRS master file)
- $8,598,123
- Income (IRS master file)
- $9,132,612
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $9,132,612 | $8,154,392 | $8,598,123 | XML |
| 990 | June 2024 | $8,746,279 | $8,411,338 | $8,652,415 | XML |
| 990 | June 2023 | $9,380,764 | $7,597,726 | $8,398,266 | XML |
| 990 | June 2022 | $7,679,581 | $6,796,223 | $6,429,129 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 20-5751308).
Questions about INDIANA MATH AND SCIENCE ACADEMY -INDIANAPOLIS INC
- What is the EIN of INDIANA MATH AND SCIENCE ACADEMY -INDIANAPOLIS INC?
- The employer identification number (EIN) of INDIANA MATH AND SCIENCE ACADEMY -INDIANAPOLIS INC is 20-5751308.
- Is INDIANA MATH AND SCIENCE ACADEMY -INDIANAPOLIS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to INDIANA MATH AND SCIENCE ACADEMY -INDIANAPOLIS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INDIANA MATH AND SCIENCE ACADEMY -INDIANAPOLIS 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 INDIANA MATH AND SCIENCE ACADEMY -INDIANAPOLIS 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 INDIANA MATH AND SCIENCE ACADEMY -INDIANAPOLIS 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 INDIANA MATH AND SCIENCE ACADEMY -INDIANAPOLIS INC?
- The 990 for the year ended June 30, 2025 names JIM SPARKS.
- Who are the officers and directors of INDIANA MATH AND SCIENCE ACADEMY -INDIANAPOLIS INC?
- The 990 for the year ended June 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $118,022 (ADAM ATLIHAN, PRINCIPAL).
- How much revenue does INDIANA MATH AND SCIENCE ACADEMY -INDIANAPOLIS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $9,132,612, expenses of $8,154,392 and total assets of $8,598,123 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