Civic Intelligence

Greater Indianapolis Multi-Faith Alliance Inc.

EIN 84-4429131 • 501(c)3 • Indianapolis, IN

Pub. 78 Eligible990-N Coverage

Profile

The Greater Indianapolis Multifaith Alliance gathers faith leaders representing diverse religious traditions into a sacred friendship, in order to collaborate on civic projects that serve the common good of greater Indianapolis, making our city a more equitable place.

1113 E 86th St STE 177Indianapolis, IN 46240

indymultifaith.org

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

91st percentile

57%

Higher net margin than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$49,992

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 19.6% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

97th percentile

404%

Faster asset growth than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

95th percentile

186%

Faster revenue growth than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$177,562

Up $142,345 (+404%) from 2023

Liabilities

Down

$0

Down $4,000 (-100%) from 2023

Net Assets

Up

$177,562

Up $146,345 (+469%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin91st percentile

Revenue

Up

$255,506

Up $166,320 (+186%) from 2023

Expenses

Up

$109,161

Up $38,543 (+55%) from 2023

Net Income

Up

$146,345

Up $127,777 (+688%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth97th percentile

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

$200K$150K$100K$50K$0Assets 2023: $35,217Liabilities 2023: $4,000Net Assets 2023: $31,2172023Assets 2024: $177,562Liabilities 2024: $0Net Assets 2024: $177,5622024

Highlighted filing

2024

Assets$177,562
Liabilities$0
Net Assets$177,562
Open 2024 Filing

Operations Trend

Revenue Growth95th percentile

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

$300K$200K$100K$0Revenue 2023: $89,186Expenses 2023: $70,618Net Income 2023: $18,5682023Revenue 2024: $255,506Expenses 2024: $109,161Net Income 2024: $146,3452024

Highlighted filing

2024

Revenue$255,506
Expenses$109,161
Net Income$146,345
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$177,562
Liabilities
$0
Net assets
$177,562
Revenue
$255,506
Expenses
$109,161
Net income
$146,345
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.78$0.00$1.78$2.56$1.09$1.46
2023Detailed filing. Detailed filing data is available for this year.$0.35$0.04$0.31$0.89$0.71$0.19
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 24, 2025
Return Version
2024v5.2
Gross Receipts
$255,506
Mission and Program Overview

Mission

The Greater Indianapolis Multifaith Alliance gathers faith leaders representing diverse religious traditions into a sacred friendship, in order to collaborate on civic projects that serve the common good of greater Indianapolis, making our city a more equitable place.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$27,217$168,336▲ $141,119
Land, Buildings, and Equipment, Net$8,000$6,400▼ $1,600
Cash and Non-Interest-Bearing Accounts-$2,826-
Total Assets$35,217$177,562▲ $142,345
Liabilities
Accounts Payable and Accrued Expenses$4,000--
Total Liabilities$4,000$0▼ $4,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$25,217$177,562▲ $152,345
Net Assets With Donor Restrictions$6,000--
Total Net Assets Fund Balance$31,217$177,562▲ $146,345
Total Liabilities and Net Assets / Fund Balance$35,217$177,562▲ $142,345

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$6,400$1,600$8,000
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Rabbi Aaron SpiegelPresident & Exec DirectorFT$49,992$49,992

Board Members and Trustees

NameTitle
Rev Darryn ScheskeVice President
Alex SabloskyDirector
Dr David HamptonDirector
Dr Fran QuigleyDirector
Dr JoAnne LyonDirector
Fr Rick GintherDirector
Rabbi Steve GutowDirector
Rev Clarence MooreDirector
Rev Gale StutzDirector
Tom BranumDirector
Imam Ahmed AlamineSecretary
Hiba AlamiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$254,721
Program Service Revenue
$0
Investment Income
$785
Other Revenue
$0
All Other Contributions
$254,721
Change in Net Assets
$146,345
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$109,161
Total Fundraising Expense$4,024
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$37,494$9,998$2,500$49,992
Other Expenses$20,600$124-$20,600
Fees for Services Other$17,500-$739$18,239
Fees for Services Accounting-$6,943-$6,943
Advertising$4,949--$4,949
Office Expenses$556$2,212$705$3,473
Depreciation Depletion$1,120$400$80$1,600
Insurance-$1,123-$1,123
Travel$656$3-$659
Information Technology$110$399-$509
Fees for Services Legal-$179-$179
Total Functional Expenses$83,662$21,475$4,024$109,161
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Rabbi Aaron SpiegelBoard PresidentRabbi Spiegel provided contract Executive DirNo$49,992
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
Yes
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

Organizational document changes Part VI line 4

“Expanded maximum number of Board members from 12 to 15.”

Form 990 governing body review Part VI line 11

“The board is provided a full copy of the Form 990 prior to filing.”

Conflict of interest policy compliance Part VI line 12C

“A conflict of interest statement is completed annually by all board members. Any potential conflicts are reviewed and resolved by the Executive Committee of the board.”

CEO executive director top management comp Part VI line 15A

“The Executive Director is a contracted individual versus a paid employee. The Executive Committee of the board annually determines the contracted rate based on scope and level of service provided.”

Other officer or key employee compensation Part VI line 15B

“There are no other compensated officers and the organization has no paid employees.”

Governing documents etc available to public Part VI line 19

“All documents required for disclosure are available upon request.”

Filing and Contact Details

Filer

Filer Name
Greater Indianapolis Multi-Faith Alliance Inc
EIN
84-4429131
In Care Of
% Aaron Spiegel
Phone
3174185488
Address
1113 E 86th St STE 177, Indianapolis, IN 46240

Signing Officer

Name
Aaron Spiegel
Title
President & Exec Director
Phone
3174185488
Signed
2025-09-24
Discuss with paid preparer
No

Organization Details

Formed
2020
Legal Domicile
In
Voting Board Members
13
Independent Board Members
12
Employees
0
Volunteers
50

Preparer

Firm
k2 LLC
Address
3392 Eden Hollow Place, Carmel, IN 46033
Preparer
Karen a Kennelly
Phone
3176953778
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

“$17,500: DANT provides consultation services regarding strategies to better engage in advocacy for GIMAs constituencies.”

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IRS990/ProgSrvcAccomActy2Grp/Desc0Very few college students get real-world experience in advocacy, even less in the area of housing. With Indiana University Indianapolis, we are creating an intern program to connect interested students with a variety of housing-related organizations including legislative advocacy, community development, homeless outreach, civic and city service programs.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Eviction Court Watching: Hoosier families who rent their homes are at a huge disadvantage when they go to a court where the landlord has a lawyer and they dont, and the judge often seems more interested in moving cases along than making sure their rights are protected. Tenants immediately have a much better chance of being treated fairly with a court watcher. Time is crucial. If a judge delays eviction even by two weeks, evictees have time to seek financial assistance, get legal help, or at least find somewhere to live. Additionally, court watchers collect data about what actually happens in eviction court. Answers to questions: Was the tenant represented by council? Was the landlord present? Were the proceedings explained to the tenants? How long did the case last? Were there habitability issues and were they considered in the judges ruling? Were there children in the household? Indpls is one of few cities in the country that has actual data on court proceedings.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt08643
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Affordable Housing: In collaboration with Indiana University, Indiana Cooperative Development Center (ICDC), and Bloomington Cooperative Living, GIMA co-hosted a Grassroots Community Housing Summit in March of this year. Wed hoped for 30 participants, we had over 100. This all day summit was designed move would-be developers from learning about housing to connecting them with finance, banking, governance, policy, and construction to move from plans to action. Our goal is to create an ongoing resource for community-led groups to move past planning and into action. The Housing Summit was the starting point. A series of webinars, gatherings, and ongoing access to the resources these communities need to start creating affordable housing in Indiana will follow.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt02035
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Rabbi Aaron Spiegel
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Board President
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Rabbi Spiegel provided contract Executive Dir
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Expanded maximum number of Board members from 12 to 15.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The board is provided a full copy of the Form 990 prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A conflict of interest statement is completed annually by all board members. Any potential conflicts are reviewed and resolved by the Executive Committee of the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Executive Director is a contracted individual versus a paid employee. The Executive Committee of the board annually determines the contracted rate based on scope and level of service provided.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4There are no other compensated officers and the organization has no paid employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5All documents required for disclosure are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6$17,500: DANT provides consultation services regarding strategies to better engage in advocacy for GIMAs constituencies.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Organizational document changes Part VI line 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other fees for services expenses Part IX line 11g
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