GREAT PUBLIC SCHOOLS FOR INDY INC

EIN: 834592277 Education

INDIANAPOLIS, IN

Total Revenue
$1,280,000
Total Expenses
$1,797,135
Total Assets
$2,020,049
Net Assets
$1,931,082
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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
2019
Legal Domicile
IN
Principal Officer
JASMIN SHAHEED-YOUNG
Phone
3174260196
Tax Period
2023-01-01 to 2023-12-31

GREAT PUBLIC SCHOOLS FOR INDY INC, founded in 2019, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2023. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $1.8M exceeded revenue, resulting in a 40% operating deficit.

Mission

WE FIGHT FOR EDUCATION JUSTICE AND OPPORTUNITIES FOR INDIANAPOLIS STUDENTS BY TRAINING AND ELECTING BOLD LEADERS, HOLDING THEM ACCOUNTABLE FOR THEIR POLICY DECISIONS, AND ORGANIZING OUR NETWORK TO INFLUENCE AND IMPROVE OUR PUBLIC SCHOOLS.

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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 $1,280,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,280,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,030,523
Fundraising Expenses $290,686
Program Expenses $1,352,319
Other Expenses $766,612
TOTAL EXPENSES $1,797,135

Year-over-Year Comparison

2023 2022 Change
Revenue $1,280,000 $3,214,225 -0.6%
Expenses $1,797,135 $1,793,329 +0.0%
Net Income $-517,135 $1,420,896 -1.4%
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
10
Independent Members
10
Employees
20
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
4
$293,069
Total Directors
10
$293,069
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIMBERLY NEAL-BRANNUM CHAIR 0.50
Officer Director
$0 $0 $0
MARIANNE GLICK SECRETARY 0.50
Officer Director
$0 $0 $0
ZENAI SAVAGE TREASURER 0.50
Officer Director
$0 $0 $0
AL HUBBARD DIRECTOR 0.50
Director
$0 $0 $0
BART PETERSON DIRECTOR 0.50
Director
$0 $0 $0
BILL SHREWSBERRY DIRECTOR 0.50
Director
$0 $0 $0
JUSTIN CHRISTIAN DIRECTOR 0.50
Director
$0 $0 $0
NAEHA DEAN DIRECTOR 0.50
Director
$0 $0 $0
DR ROSE MAYS DIRECTOR 0.50
Director
$0 $0 $0
JASMIN SHAHEED-YOUNG PRESIDENT & CEO 25.00
Officer Director
$277,088 $15,981 $293,069
JASMIN JACKSON CHIEF OF STAFF 25.00
Highest
$172,104 $12,221 $184,325
KENDRA WILBURN SR VP OF OPERATIONS 25.00
Highest
$190,692 $12,872 $203,564
KATHERIN CHI ASST VP OF COMMUNICATIONS & DEV 20.00
Highest
$153,350 $14,612 $167,962
DUANE INGRAM VP OF COMMUNITY AFFAIRS 15.00
Highest
$148,392 $10,956 $159,348
ASHLEY THOMAS SR DIRECTOR OF COMMUNITY IMPACT 15.00
Highest
$111,058 $12,031 $123,089
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 $1,280,000 $1,797,135 $2,020,049 $-517,135
2022 $3,214,225 $1,793,329 $2,654,686 $1,420,896
2021 $2,085,090 $1,337,839 $1,044,101 $747,251
2020 $1,325,000 $1,406,662 $340,070 $-81,662
2019 $751,099 $389,367 $381,652 $361,732
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