Civic Intelligence

Indiana Afterschool Network Inc

EIN 46-5592573 • 501(c)3 • Indianapolis, IN

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Profile

We are a nonprofit organization that champions afterschool & summer learning by inspiring, empowering, & connecting youth workers, partners, & advocates at state & local levels. We believe that together schools, communities, & families can create an inspiring day of learning. Ian's vision is: indiana is a place where all k-12 children and youth have access to high quality learning opportunities beyond the school day that prepare them for success in education, careers and life.

Refreshing map…

303 N Alabama St Suite 210Indianapolis, IN 46204

www.indianaafterschool.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

30th percentile

0.05x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.05x

Higher debt load relative to revenue than 20% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

96th percentile

82%

Higher net margin than 96% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

99th percentile

528%

Faster asset growth than 99% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

99th percentile

883%

Faster revenue growth than 99% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets30th percentile

Assets

Up

$11,504,007

Up $9,672,796 (+528%) from 2023

Liabilities

Up

$584,146

Up $253,291 (+77%) from 2023

Net Assets

Up

$10,919,861

Up $9,419,505 (+628%) from 2023

Operations
Liabilities / Revenue20th percentileNet Margin96th percentile

Revenue

Up

$11,554,820

Up $10,379,933 (+883%) from 2023

Expenses

Up

$2,135,315

Up $551,099 (+35%) from 2023

Net Income

Up

$9,419,505

Up $9,828,834 (+2401%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2014: $1,262,591Liabilities 2014: $41,792Net Assets 2014: $1,220,7992014Assets 2015: $1,121,491Liabilities 2015: $430,592Net Assets 2015: $690,8992015Assets 2016: $1,343,295Liabilities 2016: $839,971Net Assets 2016: $503,3242016Assets 2017: $1,433,485Liabilities 2017: $942,083Net Assets 2017: $491,4022017Assets 2018: $1,358,073Liabilities 2018: $748,785Net Assets 2018: $609,2882018Assets 2019: $1,637,397Liabilities 2019: $892,635Net Assets 2019: $744,7622019Assets 2020: $1,753,101Liabilities 2020: $889,495Net Assets 2020: $863,6062020Assets 2021: $20,410,535Liabilities 2021: $18,651,919Net Assets 2021: $1,758,6162021Assets 2022: $2,196,931Liabilities 2022: $287,246Net Assets 2022: $1,909,6852022Assets 2023: $1,831,211Liabilities 2023: $330,855Net Assets 2023: $1,500,3562023Assets 2024: $11,504,007Liabilities 2024: $584,146Net Assets 2024: $10,919,8612024

Highlighted filing

2024

Assets$11,504,007
Liabilities$584,146
Net Assets$10,919,861
Open 2024 Filing

Operations Trend

Revenue Growth99th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2014: $1,619,224Expenses 2014: $1,084,453Net Income 2014: $534,7712014Revenue 2015: $1,169,270Expenses 2015: $973,910Net Income 2015: $195,3602015Revenue 2016: $946,339Expenses 2016: $1,133,914Net Income 2016: -$187,5752016Revenue 2017: $1,031,553Expenses 2017: $1,043,475Net Income 2017: -$11,9222017Revenue 2018: $1,160,211Expenses 2018: $1,042,325Net Income 2018: $117,8862018Revenue 2019: $1,158,992Expenses 2019: $1,023,518Net Income 2019: $135,4742019Revenue 2020: $1,054,782Expenses 2020: $935,938Net Income 2020: $118,8442020Revenue 2021: $4,884,390Expenses 2021: $4,830,765Net Income 2021: $53,6252021Revenue 2022: $9,391,555Expenses 2022: $9,240,486Net Income 2022: $151,0692022Revenue 2023: $1,174,887Expenses 2023: $1,584,216Net Income 2023: -$409,3292023Revenue 2024: $11,554,820Expenses 2024: $2,135,315Net Income 2024: $9,419,5052024

Highlighted filing

2024

Revenue$11,554,820
Expenses$2,135,315
Net Income$9,419,505
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$11,504,007
Liabilities
$584,146
Net assets
$10,919,861
Revenue
$11,554,820
Expenses
$2,135,315
Net income
$9,419,505
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.5$0.58$10.9$11.6$2.14$9.42
2023Summary only. Only limited summary data is available for this year.$1.83$0.33$1.50$1.17$1.58$0.41
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.20$0.29$1.91$9.39$9.24$0.15
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.4$18.7$1.76$4.88$4.83$0.05
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$0.89$0.86$1.05$0.94$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.64$0.89$0.74$1.16$1.02$0.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.75$0.61$1.16$1.04$0.12
2017Summary only. Only limited summary data is available for this year.$1.43$0.94$0.49$1.03$1.04$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.84$0.50$0.95$1.13$0.19
2015Detailed filing. Detailed filing data is available for this year.$1.12$0.43$0.69$1.17$0.97$0.20
2014Detailed filing. Detailed filing data is available for this year.$1.26$0.04$1.22$1.62$1.08$0.53
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 17, 2025
Return Version
2024v5.0
Gross Receipts
$11,554,820
Mission and Program Overview

Mission

We are a nonprofit organization that champions afterschool & summer learning by inspiring, empowering, & connecting youth workers, partners, & advocates at state & local levels. We believe that together schools, communities, & families can create an inspiring day of learning. Ian's vision is: indiana is a place where all k-12 children and youth have access to high quality learning opportunities beyond the school day that prepare them for success in education, careers and life. We mobilize people, organizations and communities to connect afterschool and summer programs with the supports they need to create positive youth outcomes for inspiring futures.

Mission: we advance learning beyond the school day by actively supporting providers with resources, training, and advocacy, while mobilizing a strong network of community partners. Together, we build access to high-quality out-of-school time programs for all youth. Vision: we envision a thriving indiana where valued out-of-school time professionals empower all youth to realize their full potential fostering personal growth, lifelong learning and future readiness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,175,203$10,631,305▲ $9,456,102
Investments Other Securities$400,000$399,972▼ $28
Pledges and Grants Receivable$88,000$200,564▲ $112,564
Intangible Assets-$127,426-
Prepaid Expenses and Deferred Charges$30,886$37,799▲ $6,913
Cash and Non-Interest-Bearing Accounts$25,168$25,757▲ $589
Land, Buildings, and Equipment, Net$9,618$11,459▲ $1,841
Accounts Receivable$1,375$5,220▲ $3,845
Total Assets$1,831,211$11,504,007▲ $9,672,796
Other Assets Total$100,961$64,505▼ $36,456
Liabilities
Other Liabilities$266,006$484,286▲ $218,280
Accounts Payable and Accrued Expenses$64,849$99,860▲ $35,011
Total Liabilities$330,855$584,146▲ $253,291
Net Assets / Fund Balance
Net Assets With Donor Restrictions$596,488$10,099,183▲ $9,502,695
Net Assets Without Donor Restrictions$903,868$820,678▼ $83,190
Total Net Assets Fund Balance$1,500,356$10,919,861▲ $9,419,505
Total Liabilities and Net Assets / Fund Balance$1,831,211$11,504,007▲ $9,672,796

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,459$19,454$30,913
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lakshmi D HasanadkaCEOFT$125,975$17,395$143,370
Brent E WakeVP of EngageFT$109,578$12,928$122,506

Board Members and Trustees

NameTitle
Jeremy Eltz PhdBoard Chair
Jeremy BurtonBoard Secret
Mike SeegelBoard Treasu
Dennis a Trinkle PhdBoard Vice-c
Angelina MendozaDirector
Debra GriesDirector
Dr Lizette RiveraDirector
Kaitlyn SteinhiserDirector
Marc McaleaveyDirector
Roman GraffDirector
Tara Bishop EddDirector
Todd Hurst PhdImmediate Pa
Revenue and Support

Revenue Composition

Contributions and Grants
$11,253,170
Program Service Revenue
$237,148
Investment Income
$63,919
Other Revenue
$583
All Other Contributions
$10,357,641
Change in Net Assets
$9,419,505

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,554,820
Total Revenue per Audited Statements
$11,554,820
Total Revenue per Form 990
$11,554,820
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,247,742
Other Expenses$830,690
Grants and Similar Amounts Paid$56,883
Total Fundraising Expense$26,105
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$574,845$294,703$18,360$887,908
Fees for Services Other$217,589$82,450-$300,039
Conferences and Meetings$129,238$2,014$11$131,263
Other Employee Benefits$83,948$43,035$2,700$129,683
Current Officers, Directors, Trustees, and Key Employees$81,558$41,812$2,605$125,975
Fees for Services Accounting$1,015$73,450-$74,465
Payroll Taxes$48,066$24,641$1,535$74,242
Grants to Domestic Orgs$56,883--$56,883
Information Technology$10,895$38,744-$49,639
Advertising$23,069$24,318$27$47,414
Fees for Services Lobbying$47,313$95-$47,408
Occupancy$1,383$41,156-$42,539
Travel$35,917$6,119-$42,036
Pension Plan Contributions$19,380$9,935$619$29,934
Depreciation Depletion-$19,948-$19,948
Insurance$7,554$10,028$229$17,811
Office Expenses$8,606$5,294$19$13,919
Fees for Services Legal-$2,567-$2,567
Other Expenses$28$1,972-$2,000
Total Functional Expenses$1,364,773$744,437$26,105$2,135,315

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,135,315
Total Expenses per Audited Statements$2,135,315
Total Expenses per Form 990$2,135,315
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advance$417,623
Operating Lease Liability$66,663
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The form 990 is reviewed by the board of directors prior to being filed.”

Form 990, Page 6, Part VI, Line 12C

“The conflict policy is reviewed as needed.”

Form 990, Page 6, Part VI, Line 15A

“The board determines the ceo's compensation. They use comparable salaries made available by an area charitable fundraising and adisory service the considers size, revenue and pay scale. It is determined on an annual basis.”

Form 990, Page 6, Part VI, Line 15B

“The ceo determines how much to allocate for salaries of all employees with input from the board chair and vice chair.”

Form 990, Page 6, Part VI, Line 19

“The form 990 and form 1023 are available during regular business hours upon request.”

Filing and Contact Details

Filer

Filer Name
Indiana Afterschool Network Inc
EIN
46-5592573
Phone
3178228211
Address
303 N ALABAMA ST SUITE 210, INDIANAPOLIS, IN 46204

Signing Officer

Name
Lakshmi D Hasanadka
Title
CEO
Phone
3178228211
Signed
2025-10-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lakshmi D Hasanadka
Formed
2013
Legal Domicile
In
Voting Board Members
12
Independent Board Members
12
Employees
14
Volunteers
50

Preparer

Firm
Simons Bitzer & Associates Pc
Address
8350 S EMERSON AVE SUITE 100, INDIANAPOLIS, IN 46237
Preparer
Gregory L Simons
Phone
3177823070
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Mission: we advance learning beyond the school day by actively supporting providers with resources, training, and advocacy, while mobilizing a strong network of community partners. Together, we build access to high-quality out-of-school time programs for all youth. Vision: we envision a thriving indiana where valued out-of-school time professionals empower all youth to realize their full potential fostering personal growth, lifelong learning and future readiness.”

Form 990, Page 2, Part III, Line 4A

“Indiana afterschool network (ian) serves out-of-school time (ost) programs and ost professionals as described below: for more than a decade, ian has been committed to providing the support and resources ost programs need to flourish. Our rigorous data-informed quality standards empower ost providers to make research-driven decisions and strengthen the quality of their programs. We act as a trusted hub for funding, strategy, and curriculum resources. We advocate for ost programming with legislators, policymakers, and all who shape the future of indiana families. Additionally, we elevate afterschool professionals by providing educational support and professional development opportunities, ensuring that we are building and maintaining an ost workforce capable of excelling in an ever-changing world.”

Form 990, Part IX, Line 11G

“Consultants 96,350 59,621 0 outside contract services 69,119 9,929 0 payroll fees 0 12,900 0 academy services 45,000 0 0 inqpsa services 7,120 0 0 total 217,589 82,450 0”

Form 990, Page 12, Part XII, Line 2C

“The organization's board of directors assumes the oversight of the audit and selection of an independent accountant. The selection and review process has not changed from the previous year.”

Financial Statement Notes

Schedule D, Page 3, Part X

“Ian received a determination from the internal revenue service stating it qualifies under the provisions of section 501(c)(3) of the internal revenue code as a tax-exempt organization. Ian would be subject to tax on income unrelated to its exempt purpose. For the years ended december 31, 2024 and 2023, no accounting for federal or state income taxes was required to be included in the accompanying financial statements. Professional accounting standards require ian to recognize a tax liability only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax liability greater than 50% likely of being realized on examination. For tax positions not meeting the more- likely-than-not test, no tax liability is recorded. Ian examined this issue and determined there are no material contingent tax liabilities or questionable tax positions. The years ended after december 31, 2019 are open to audit for both federal and state purposes.”

Raw XML AppendixShowing 400 of 534 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0MISSION: WE ADVANCE LEARNING BEYOND THE SCHOOL DAY BY ACTIVELY SUPPORTING PROVIDERS WITH RESOURCES, TRAINING, AND ADVOCACY, WHILE MOBILIZING A STRONG NETWORK OF COMMUNITY PARTNERS. TOGETHER, WE BUILD ACCESS TO HIGH-QUALITY OUT-OF-SCHOOL TIME PROGRAMS FOR ALL YOUTH. VISION: WE ENVISION A THRIVING INDIANA WHERE VALUED OUT-OF-SCHOOL TIME PROFESSIONALS EMPOWER ALL YOUTH TO REALIZE THEIR FULL POTENTIAL FOSTERING PERSONAL GROWTH, LIFELONG LEARNING AND FUTURE READINESS.
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