Public Charity

INDIANA MATH & SCIENCE ACADEMY - INDIANAPOLIS INC

INDIANA MATH & SCIENCE ACADEMY - INDIANAPOLIS INC, of INDIANAPOLIS, IN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $9.1M in revenue, $8.2M in expenses, $8.6M in total assets. 6 publicly reported grants to this organization, totaling roughly $573K, appear in IRS filings.

EIN: 205751308 INDIANAPOLIS, IN Charter Schools NTEE: B29 Latest filing: 2025
Total Revenue$9.1M
Total Expenses$8.2M
Total Assets$8.6M
Grant Records6
Funding Total$573K
Filing Years2021–2025

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.

Where $100 goes at Indiana Math & Science Academy - Indianapolis Inc

How Indiana Math & Science Academy - Indianapolis Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$74 Programs the work itself
$26 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $74 for programs

$25
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…
34% of program spending · Reported in the filing: 550 students
$25
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…
About 33% (cost not reported) · Reported in the filing: 150 students
$24
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…
About 33% (cost not reported) · Reported in the filing: 550 students
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
Reimbursing schools for Teacher stipends, supplies, and equipment that are related to the purpose of the Grant/Contract
$7,677
2023
Purpose of Grant or Assistance
$96,136
2023
Reimbursing schools for Teacher stipends, supplies, and equipment that are related to the purpose of the Grant/Contract
$43,819
$377,720
2022
Reimbursing schools for Teacher stipends, supplies, and equipment that are related to the purpose of the grant/Contract
$47,180

Showing up to 5 of 6 total records — full history available with membership.

Officers & Directors

PRINCIPAL Adam Atlihan
MEMBER Alonzo Ross
ACD. EXCELLENCE COMMITTEE CHAIR Bernice Velentine-Watts
MEMBER Charise Frazier
VICE BOARD CHAIR Daniel Pierson
MEMBER Jazmin Sanders

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$98,676 3 grants
General Support
$96,161 2 grants
Unspecified
$377,720 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $9.1M $8.2M $8.6M
2024 $8.7M $8.4M $8.7M
2023 $9.4M $7.6M $8.4M
2022 $7.7M $6.8M $6.4M
2021 $7.5M $5.9M $5.8M

Between 2021 and 2025, reported annual revenue grew from $7.5M to $9.1M (+22%), with total assets most recently reported at $8.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for INDIANA MATH & SCIENCE ACADEMY - INDIANAPOLIS INC

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