Edfit Indiana Inc

EIN: 815338341 501(c)(3) Education

Indianapolis, IN

Total Revenue
$218,487
Total Expenses
$159,809
Total Assets
$99,267
Net Assets
$96,139
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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
2017
Legal Domicile
IN
Principal Officer
ACEY BYRD
Tax Period
2019-01-01 to 2019-12-31

Edfit Indiana Inc, founded in 2017, is a small nonprofit in the Education sector that reported $218K in total revenue in fiscal year 2019. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $59K, a strong 27% operating margin.

Mission

EdFit Indiana Inc is organized to compliment local and national education reform efforts revolving around school choice

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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 (2019)

Revenue Breakdown

Contributions & Grants $218,487
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $218,487

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $83
Program Expenses $150,517
Other Expenses $159,809
TOTAL EXPENSES $159,809

Year-over-Year Comparison

2019 2018 Change
Revenue $218,487 $153,531 +0.4%
Expenses $159,809 $144,344 +0.1%
Net Income $58,678 $9,187 +5.4%
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
4
Independent Members
4
Employees
N/A
Volunteers
10

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ACEY BYRD CEO 5.000
Officer
$0 $0 $0
GARY DAVIS Board Member 2.000
Officer
$0 $0 $0
CHARLES WALKER Board Member 2.000
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
2019 $218,487 $159,809 $99,267 $58,678
2018 $153,531 $144,344 $38,170 $9,187
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