Civic Intelligence

The Indy Learning Team Inc

990EZ • Fiscal year 2023 • EIN 47-5599561

Jan 01, 2023 to Dec 31, 2023 • Filed on Feb 26, 2024

4627 Boulevard PlaceIndianapolis, IN 46208

(317) 445-4523

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

0.82x

Higher debt load relative to assets than 94% of similar nonprofits.

2023 filings • NTEE B • <$500k nonprofits • Source year 2023

Liabilities / Revenue

94th percentile

0.59x

Higher debt load relative to revenue than 94% of similar nonprofits.

2023 filings • NTEE B • <$500k nonprofits • Source year 2023

Net Margin

57th percentile

13%

Higher net margin than 57% of similar nonprofits.

2023 filings • NTEE B • <$500k nonprofits • Source year 2023

Top Officer Pay

86th percentile

$1,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2023 filings • NTEE B • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

$132,792

No earlier filing loaded for comparison.

Net Assets

$24,298

No earlier filing loaded for comparison.

Liabilities

$108,494

No earlier filing loaded for comparison.

Revenue

$184,093

No earlier filing loaded for comparison.

Expenses

$159,795

No earlier filing loaded for comparison.

Net Income

$24,298

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2023: $132,792Liabilities 2023: $108,494Net Assets 2023: $24,2982023Assets 2024: $164,255Liabilities 2024: $190Net Assets 2024: $164,0652024Assets 2025: $330,336Liabilities 2025: $0Net Assets 2025: $330,3362025

Highlighted filing

2023

Assets$132,792
Liabilities$108,494
Net Assets$24,298

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0Revenue 2023: $184,093Expenses 2023: $159,795Net Income 2023: $24,2982023Revenue 2024: $219,100Expenses 2024: $183,903Net Income 2024: $35,1972024Revenue 2025: $403,212Expenses 2025: $236,941Net Income 2025: $166,2712025

Highlighted filing

2023

Revenue$184,093
Expenses$159,795
Net Income$24,298
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Feb 26, 2024
Return Version
2023v4.0
Gross Receipts
$184,093
Mission and Program Overview

Mission

The indy learning team builds partnerships to create opportunity through access to literacy. We accomplish this by: empowering and investing in community members and programs; providing science-based explicit literacy instruction to catch kids before they fail; building an infrastructure to deal with unanticipated needs and problems; creating a low barrier of entry for students and families.

Provide access to literacy

Program Services

DescriptionGrantsExpenses
1:1 TUTORING: THIS PROGRAM PROVIDES STUDENTS WITH ONE-ON-ONE TUTORING FROM A READING SPECIALIST TWO TIMES A WEEK YEAR-ROUND. IN 2023, MORE THAN 60 STUDENTS RECEIVED MORE THAN 2,200 HOURS OF 1:1 TUTORING. THIS FREE PROGRAM IS OFTEN THE ONLY RESOURCE STUDENTS HAVE TO REACH FULL LITERACY. THE AVERAGE GROWTH OVER A SEMESTER FOR STUDENTS IN THE PROGRAM IS 247% SINCE MANY STUDENTS BEGIN WITH ONLY LIMITED FOUNDATIONAL LITERACY SKILLS.$0$94,527
BOOKS 4 BRAINS: A READING AND SOCIAL EMOTIONAL SUPPORT PROGRAM FOR CHILDREN WITH BRAIN CANCER IN PARTNERSHIP WITH RILEY CHILDREN'S HEALTH.$0$29,044
TRAINING: THE INDY LEARNING TEAM TRAINS READING SPECIALISTS BASED IN THE COMMUNITIES THEY LIVE IN. THIS CREATES PEOPLE WHO ARE CONNECTED TO THE COMMUNITIES THEY ARE WORKING IN. THE TRAINING INCLUDES 40 HOURS OF CLASSROOM INSTRUCTION PLUS A 10-HOUR PRACTICUM. TRAINING CONTINUES THROUGHOUT THE YEAR TO MAINTAIN HIGH QUALITY STANDARDS. WE TRAINED APPROXIMATELY 10 NEW TUTORS IN 2023.$0$12,938
COMMUNI-TEA BOOK CLUB: THIS FREE PROGRAM IS A PARTNERSHIP WITH TAMIKA CATCHINGS AND HER FOUNDATION CATCH THE STARS. WE GIVE AWAY FREE BOOKS AVAILABLE ALL YEAR ROUND AT TEA'S ME TARKINGTON PARK. IN 2023, WE GAVE AWAY OVER 2,400 NEW BOOKS. WE HAVE 700 PARTICIPANTS IN OUR FREE COMMUNI-TEA BOOK CLUB.$0$9,156
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SUSAN APPELExecutive Director / PresidentFT$1,000-$1,000
ANDREW APPELTreasurer-$0--
ALAN DANSKERSecretary-$0--
Filing and Contact Details

Filer

Filer Name
The Indy Learning Team Inc
EIN
47-5599561
Phone
3174454523
Address
4627 BOULEVARD PLACE, INDIANAPOLIS, IN 46208

Signing Officer

Name
Susan Appel
Title
Executive Director / President
Phone
3174454523
Signed
2024-02-26
Discuss with paid preparer
Yes

Preparer

Firm
Ksm Business Services Inc
Address
PO BOX 40857, INDIANAPOLIS, IN 46240
Preparer
Sarah Hammond
Phone
3175802000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: investment interest. Amount: 2,916. Description: miscellaneous. Amount: 36. Total to form 990-ez, line 8: 2,952.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: insurance. Amount: 2,026. Description: office supplies. Amount: 2,557. Description: miscellaneous. Amount: 243. Description: program service expenses. Amount: 13,527. Description: payroll tax. Amount: 112. Description: marketing. Amount: 126. Total to form 990-ez, line 16: 18,591.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 0. End of year amount: 7,729. Description: mlk tutoring 2023. Beg. Of year amount: 0. End of year amount: 20,327.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 7,025. End of year amount: 3,924. Description: accumulated income. Beg. Of year amount: 104,570. End of year amount: 104,570.

Raw XML Appendix175 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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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TRAINING: THE INDY LEARNING TEAM TRAINS READING SPECIALISTS BASED IN THE COMMUNITIES THEY LIVE IN. THIS CREATES PEOPLE WHO ARE CONNECTED TO THE COMMUNITIES THEY ARE WORKING IN. THE TRAINING INCLUDES 40 HOURS OF CLASSROOM INSTRUCTION PLUS A 10-HOUR PRACTICUM. TRAINING CONTINUES THROUGHOUT THE YEAR TO MAINTAIN HIGH QUALITY STANDARDS. WE TRAINED APPROXIMATELY 10 NEW TUTORS IN 2023.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2COMMUNI-TEA BOOK CLUB: THIS FREE PROGRAM IS A PARTNERSHIP WITH TAMIKA CATCHINGS AND HER FOUNDATION CATCH THE STARS. WE GIVE AWAY FREE BOOKS AVAILABLE ALL YEAR ROUND AT TEA'S ME TARKINGTON PARK. IN 2023, WE GAVE AWAY OVER 2,400 NEW BOOKS. WE HAVE 700 PARTICIPANTS IN OUR FREE COMMUNI-TEA BOOK CLUB.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INVESTMENT INTEREST. AMOUNT: 2,916. DESCRIPTION: MISCELLANEOUS. AMOUNT: 36. TOTAL TO FORM 990-EZ, LINE 8: 2,952.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INSURANCE. AMOUNT: 2,026. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 2,557. DESCRIPTION: MISCELLANEOUS. AMOUNT: 243. DESCRIPTION: PROGRAM SERVICE EXPENSES. AMOUNT: 13,527. DESCRIPTION: PAYROLL TAX. AMOUNT: 112. DESCRIPTION: MARKETING. AMOUNT: 126. TOTAL TO FORM 990-EZ, LINE 16: 18,591.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 7,729. DESCRIPTION: MLK TUTORING 2023. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 20,327.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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