funder logo

INSTITUTE FOR QUALITY EDUCATION INC

INSTITUTE FOR QUALITY EDUCATION INC

INDIANAPOLIS, IN, US
501(c)(3)
EIN
35-1836687
Regional Funder
funder logo

INSTITUTE FOR QUALITY EDUCATION INC

INDIANAPOLIS, IN, US
501(c)(3)
EIN
35-1836687
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$16,377,935

Contributions
99%
Membership Dues
<1%
Investments
<1%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Expenses in 2024

$12,271,438

Grants
77%
Salaries & Benefits
10%
Advertising & Promotion
7%
Offices, Occupancy & IT
4%
Other
<1%
Fees to Service Providers
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$14,389,450
$16,169,183
+12%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$127,500
$151,500
+19%
Investments
$0
$45,252
-
Other
$12,000
$12,000
+0%
Total Revenues
$14,528,950
$16,377,935
+13%
Expenses
2023
2024
Change
Grants
$10,839,645
$9,493,158
-12%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,257,899
$1,225,925
-3%
Fees to Service Providers
$97,806
$99,430
+2%
Advertising & Promotion
$670,638
$886,403
+32%
Offices, Occupancy & IT
$383,693
$441,292
+15%
Interest
$0
$0
-
Depreciation
$4,967
$12,679
+155%
Other
$137,860
$112,551
-18%
Total Expenses
$13,392,508
$12,271,438
-8%
Net income
2023
2024
Change
Net income
+$1,136,442
+$4,106,497
+261%
Functional Expenses
Summary
2023
2024
Change
Program
$12,921,958
$11,746,517
-9%
Admin
$413,878
$470,726
+14%
Fundraising
$56,672
$54,195
-4%
Total Expenses
$13,392,508
$12,271,438
-8%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)