INDIANAPOLIS, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GREATER INDIANAPOLIS LITERACY LEAGUE INC, founded in 1984, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2022. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.3M left a modest 15% surplus.
INDY READS' MISSION IS TO IMPROVE THE LITERACY OF ADULTS AND FAMILIES IN CENTRAL INDIANA. THE VISION IS SIMPLE: 100% LITERACY FOR ALL.
INDY READS' COMMUNITY CLASSROOMS PROGRAM INCLUDES LITERACY AND ENGLISH LANGUAGE LEARNER (ELL) CLASSES AND HIGH SCHOOL EQUIVALENCY CLASSES FOR ADULT LEARNERS AT LOCATIONS IN THE INDIANAPOLIS METRO...
INDY READS' COMMUNITY CLASSROOMS PROGRAM INCLUDES LITERACY AND ENGLISH LANGUAGE LEARNER (ELL) CLASSES AND HIGH SCHOOL EQUIVALENCY CLASSES FOR ADULT LEARNERS AT LOCATIONS IN THE INDIANAPOLIS METRO AREA. THE INSTRUCTOR-LED (AMERICORPS) AND VOLUNTEER-SUPPORTED CLASSES PROVIDE RESOURCES AND TOOLS NEEDED FOR LEARNERS TO INCREASE LITERACY AND ENGLISH LANGUAGE PROFICIENCY AS WELL AS COMPLETE HIGH SCHOOL EQUIVALENCY TESTING. OUR CERTIFICATION PROGRAM PROVIDES ADULT LEARNERS WITH THE OPPORTUNITY TO EARN INDUSTRY-RECOGNIZED CREDENTIALS THROUGH INSTRUCTION AND GUIDANCE FROM INDY READS STAFF. THESE SHORT-TERM EDUCATIONAL OPPORTUNITIES INCREASE PARTICIPANTS' EMPLOYABILITY.
INDY READS' BOOKSTORE SELLS NEW AND USED BOOKS IN ADDITION TO PROMOTING LITERACY THROUGH MORE THAN 150 FREE LITERACY, ARTS AND CULTURAL EVENTS, INCLUDING CHILDREN'S READING TIME.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $1,520,689 | $1,398,861 | +0.1% |
| Expenses | $1,296,782 | $1,256,418 | +0.0% |
| Net Income | $223,907 | $142,443 | +0.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CHAD SCHENKEL | CHAIR | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| RACHEL SPEHLER | VICE CHAIR | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| JASON BEARCE | SECRETARY | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| ADARSH MANTRAVADI | TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| LORI HALL | IMMEDIATE PAST BOARD CHAIR | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| MATTHEW BRUHN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SHERRY MOORE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS SCOTT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM TURNER JR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LINDSAY GRAMLICH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARISOL GOUVEIA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARIANN MCGEE-BEMLOHR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KENNETH MAGEZI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SARA BANGERT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RUBA MARSHOOD | CEO | 40.00 |
Officer
|
$145,000 | $7,586 | $152,586 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $1,520,689 | $1,296,782 | $1,652,449 | $223,907 |
| 2022 | $1,398,861 | $1,256,418 | $1,288,255 | $142,443 |
| 2021 | $1,235,878 | $924,128 | $1,304,021 | $311,750 |
| 2020 | $897,106 | $916,592 | $957,869 | $-19,486 |
Compare GREATER INDIANAPOLIS LITERACY LEAGUE INC with other nonprofits in Indiana and across the country.