MINORITY ENGINEERING PROGRAM OF INDIANAPOLIS

EIN: 351929560 501(c)(3) Education

INDIANAPOLIS, IN

Total Revenue
$212,230
Total Expenses
$170,398
Total Assets
$367,823
Net Assets
$364,446
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
IN
Principal Officer
HOLLI HARRINGTON
Tax Period
2023-01-01 to 2023-12-31

MINORITY ENGINEERING PROGRAM OF INDIANAPOLIS, founded in 1986, is a small nonprofit in the Education sector that reported $212K in total revenue in fiscal year 2023. The organization ran a surplus of $42K, a strong 20% operating margin.

Mission

The Minority Engineering Program of Indianapolis increases student knowledge, interest, and engagement related to STEM studies

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $218,261
Program Service Revenue $0
Investment Income $1,698
Other Revenue $-7,729
TOTAL REVENUE $212,230

Expense Breakdown

Grants Paid $17,750
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $65,569
Other Expenses $152,648
TOTAL EXPENSES $170,398

Year-over-Year Comparison

2023 2022 Change
Revenue $212,230 N/A N/A
Expenses $170,398 N/A N/A
Net Income $41,832 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID STERNASTY FUNDRAISING CHAIR 8.00
Director
$0 $0 $0
CHRIS MAKINS MARKETING CHAIR 0.00
Director
$0 $0 $0
COURTNEY POWELL VICE PRESIDENT 8.00
Director
$0 $0 $0
HOLLI HARRINGTON PRESIDENT 8.00
Officer
$0 $0 $0
GEORGE MIMMS MEMBER 8.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $212,230 $170,398 $367,823 $41,832
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