N โ€” Recreation & SportsEIN: 881138295ยท Ruling Year: 2022

Indy Innovation Challenge Inc

Indianapolis, Indiana

CHealth Score
43C

Financial Health Score

Provisional

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Below Average

๐Ÿ’ฐ
$5.2M
Total Revenue
๐Ÿ“Š
$5.0M
Total Expenses
๐Ÿฆ
$252K
Net Assets
๐Ÿ“‹
$1.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-46.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+4.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.05
Net assets divided by total expenses
Liabilities-to-Assets
80.8%
Total liabilities as % of total assets

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$5,189,966โ†“47%$4,982,259โ†“48%$1,314,889โ†“2%
2022$9,701,368$9,656,835$1,335,152

Frequently Asked Questions

What does Indy Innovation Challenge Inc do?โ–ผ

Indy Innovation Challenge Inc is a recreation & sports nonprofit organization based in Indiana. It is classified under NTEE code N03 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Indy Innovation Challenge Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Indy Innovation Challenge Inc has a score of 43/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Indy Innovation Challenge Inc generate?โ–ผ

Indy Innovation Challenge Inc reports $6.1M in annual revenue and holds $691K in total assets, based on IRS filings.

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Indy Innovation Challenge Inc โ€” Indianapolis, IN | GiveScope