INDIANAPOLIS, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DIVERSITY & INNOVATION INSTITUTE INC, founded in 2011, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 229% from the prior year, signaling strong growth momentum. The organization ran a surplus of $577K, a strong 51% operating margin.
TO UNLOCK INNOVATIVE POTENTIAL THROUGH STEM EDUCATION FOR A DIVERSE AUDIENCE IN AN INCLUSIVE AND EQUITABLE MANNER
IN 2023, INNOVATION BOULEVARD (IBLVD) EMPOWERED 99 YOUTH THROUGH ITS AFTER-SCHOOL AND SUMMER PROGRAMS. AS PART OF THE NATIONAL 21ST CENTURY COMMUNITY LEARNING CENTERS, IBLVD PROVIDED A HOLISTIC...
IN 2023, INNOVATION BOULEVARD (IBLVD) EMPOWERED 99 YOUTH THROUGH ITS AFTER-SCHOOL AND SUMMER PROGRAMS. AS PART OF THE NATIONAL 21ST CENTURY COMMUNITY LEARNING CENTERS, IBLVD PROVIDED A HOLISTIC APPROACH TO EDUCATION, OFFERING MENTORING, HOMEWORK ASSISTANCE, PHYSICAL ACTIVITIES, AND PROJECT-BASED LEARNING. THE PROGRAM NOT ONLY IMPROVED ACADEMIC PERFORMANCE BUT ALSO FOSTERED A STRONG SENSE OF COMMUNITY AMONG PARTICIPANTS
TWO IMMERSIVE STEM PROGRAMS WERE OFFERED DURING THE SUMMER OF 2023: THE YOUNG INNOVATORS QUEST (YIQ) PROGRAM AND THE IDEAA SUMMER PROGRAM. THESE PROGRAMS OFFER A VARIETY OF STEM SKILLS AND...
TWO IMMERSIVE STEM PROGRAMS WERE OFFERED DURING THE SUMMER OF 2023: THE YOUNG INNOVATORS QUEST (YIQ) PROGRAM AND THE IDEAA SUMMER PROGRAM. THESE PROGRAMS OFFER A VARIETY OF STEM SKILLS AND EXPERIENCES TO HIGH SCHOOL STUDENTS WITH FOCUS ON INNOVATION, RESEARCH AND PRODUCT DEVELOPMENT. PARTICIPANTS OF THESE PROGRAMS ATTENDED INDUSTRY VISITS, GAINED EXPERIENCE THROUGH PROJECT-BASED-LEARNING, VISITED COLLEGE CAMPUSES AND HAD HANDS-ON EXPERIENCE IN LABORATORIES. STEM ENRICHMENT ACTIVITIES INCLUDE: RESEARCH, 3D PRINTING, LASER ENGRAVING, COMPUTER AIDED DESIGN (CAD), COMPUTER AIDED ENGINEERING (CAE), TECHNICAL COMMUNICATIONS, MECHATRONICS, WET LAB BIOLOGICAL BIOLOGICAL PREPARATION, LAB INSTRUMENTS OVERVIEW, FORENSICS, DNA EXTRACTION, VIRTUAL AND AUGMENTED REALITY, MICROSCOPY, AND HUMAN ANATOMY AMONG OTHER. IN 2023, YIQ SERVED 9 HIGH SCHOOL AGE STUDENTS AND THE IDEAA SUMMER SERVED 4 HIGH SCHOOL AGE STUDENTS. THESE PROGRAMS MOTIVATE AND TRAIN HIGH SCHOOL STUDENTS TO BECOME INNOVATORS IN STEM, BETTER PROBLEM SOLVERS, BETTER TEAM COLLABORATORS, BETTER COMMUNICATORS; AND HELP THEM WITH MAKING BETTER INFORMED CAREER CHOICES.
THE AWARD-WINNING TECH LITERACY PROGRAM PROVIDED AN INTRODUCTION TO COMPUTER SOFTWARE SKILLS TO 68 STUDENTS IN GRADES 5 THROUGH 8. THE SKILLS THEY LEARNED ARE COMMONLY USED IN THE WORKFORCE, HELP...
THE AWARD-WINNING TECH LITERACY PROGRAM PROVIDED AN INTRODUCTION TO COMPUTER SOFTWARE SKILLS TO 68 STUDENTS IN GRADES 5 THROUGH 8. THE SKILLS THEY LEARNED ARE COMMONLY USED IN THE WORKFORCE, HELP IMPROVE ACADEMIC ACHIEVEMENT, AND REINFORCE COMPUTER SCIENCE LEARNING. TECH LITERACY EQUIPS UNDERPRIVILEGED CHILDREN WITH SKILLS THAT WILL PREPARE THEM FOR SUMMER INTERNSHIPS OR JOBS, COLLEGE, AND THE WORKFORCE. WORKSHOPS INCLUDED AN INTRODUCTION TO WORD PROCESSORS, SPREADSHEETS, PRESENTATIONS, INTERNET SAFETY, EMAILING, AND COMPUTER HARDWARE.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,136,621 | $345,135 | +2.3% |
| Expenses | $559,647 | $456,875 | +0.2% |
| Net Income | $576,974 | $-111,740 | -6.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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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 |
|---|---|---|---|---|---|---|
| LUIS A PALACIO | EXECUTIVE DI | 40.00 |
Officer
|
$141,865 | $0 | $141,865 |
| DINESH CASTELLINO | BOARD MEMEBE | N/A |
Director
|
$0 | $0 | $0 |
| PAULA FRANCO | TREASURER | N/A |
Officer
Director
|
$0 | $0 | $0 |
| ERIC VAN GORP | PRESIDENT | N/A |
Officer
Director
|
$0 | $0 | $0 |
| RIMPLE PATWARDHAN | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| JOERG SCHRELBER | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| AMBER CANDIS | VICE PRESIDE | N/A |
Officer
|
$0 | $0 | $0 |
| JOHN G PEREZ | SECRETARY | N/A |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,136,621 | $559,647 | $886,752 | $576,974 |
| 2022 | $345,135 | $456,875 | $305,550 | $-111,740 |
| 2021 | $307,339 | $507,774 | $427,938 | $-200,435 |
| 2020 | $446,756 | $633,674 | $269,414 | $-186,918 |
| 2019 | $835,235 | $641,470 | $342,645 | $193,765 |
| 2018 | $681,635 | $696,011 | $103,312 | $-14,376 |
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