INDIGENOUS EDUCATION INC (EIN 811754189) - Form 990 Financial Analysis & Trantor Score

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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

2016

Legal Domicile

Principal Officer

MELVIN E MONETTE

Phone

5053130032

Tax Period

2023-01-01 to 2023-12-31

INDIGENOUS EDUCATION INC, founded in 2016, is a community nonprofit in the Education sector that reported $7.8M in total revenue in fiscal year 2023.

Mission

PROVIDING ELEVATED OPPORTUNITIES FOR NATIVE COLLEGE STUDENTS THROUGH EMPOWERING THEM WITH AN IMPACTFUL SCHOLARSHIP EXPERIENCE DESIGNED TO SUPPORT THEIR SUCCESS IN HIGHER EDUCATION.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,772,160

Program Service Revenue $0

Investment Income $0

Other Revenue $76,223

TOTAL REVENUE $7,848,383

Expense Breakdown

Grants Paid $6,428,701

Salaries & Benefits $806,752

Fundraising Expenses $0

Program Expenses $7,407,850

Other Expenses $678,279

TOTAL EXPENSES $7,913,732

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,848,383	$7,601,899	+0.0%
Expenses	$7,913,732	$7,724,357	+0.0%
Net Income	$-65,349	$-122,458	-0.5%

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

Governance

Voting Members

Independent Members

Employees

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

$140,040

Total Directors

$140,040

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KELLY FAYARD	BOARD MEMBER	1.00	Director	$0	$0	$0
CLINTON CARROLL	BOARD MEMBER	1.00	Director	$0	$0	$0
MELVIN E MONETTE	PRESIDENT/CE	40.00	Officer Director	$126,489	$13,551	$140,040

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	$7,848,383	$7,913,732	$3,715,000	$-65,349
2022	$7,601,899	$7,724,357	$3,871,747	$-122,458
2021	$7,442,761	$7,768,138	$3,738,546	$-325,377
2020	$7,628,453	$7,390,963	$3,826,279	$237,490
2019	$7,276,209	$7,167,145	$3,616,053	$109,064
2018	$5,332,296	$5,578,921	$2,558,790	$-246,625

INDIGENOUS EDUCATION INC