Exodus Refugee Immigration
Legal name: Exodus Refugee Immigration Inc
Nonprofit profile at a glance
- EIN
- 351900090
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Indianapolis, IN, United States
- Phone
- (317) 921-0836
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Ethnic, Immigrant Centers
Reported finances
- Revenue
- $9,943,921
- Expenses
- $9,997,905
- Assets
- $5,691,851
- Liabilities
- $1,232,167
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- Christopher Scott (Vice President)
- Marina Hadjioannou Waters (President)
- Cole Varga (CEO)
Highest reported compensation
- Cole Varga (CEO): $154,500 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Exodus Refugee Immigration is dedicated to the protection of human rights by serving the resettlement needs of refugees and other displaced people fleeing persecution, injustice, and war by welcoming them to Indiana. Exodus collaborates with schools, faith-based organizations, employers, financial institutions, institutions of higher education, governmental entities, community groups, health providers, immigrant and refugee serving agencies, area businesses, community foundations, legal services providers, interpreter services, housing organizations, landlords, non-profit agencies, individual volunteers and many others. Church World Service, Inc. Contact Us. Exodus has a long history of welcoming refugees and asylees from many countries, cultures, languages, faiths, and political opinions. We began in 1981 with the mission to serve the legal needs of immigrants and Cuban refugees...
What it reported doing in 2024
Refugee Support Services - RSS is a federally-funded program passed through the state that provides a variety of services to ORR-eligible populations. A main focus of RSS is employment, and through this program we complete service plans for employable clients, as well as provide job placement, job training, and case management services, among other services designed to help clients gain and maintain employment. RSS also partially funds English classes for clients. RSS contains a variety of set-asides that fund services to older refugees; youth mentoring; certain health services; and intakes and case management for eligible non-R&P clients such as secondary migrants, Cuban and Haitian Entrants, asylees, SIVs, and certain humanitarian parolees.
Operating model
- Revenue model
- Grant-funded. 86% of the money available for current operations came from government grants.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 55% for direct work, and 45% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 94
- Accountability: 100
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.5%; rating input score 92
- Program expense ratio: 91.5%; rating input score 92
- Fundraising efficiency: $36.62 raised per $1 spent on fundraising; rating input score 73; 73rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.5%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 0.57; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 42; 42nd percentile among comparable filings
- Officer compensation ratio: 1.5%; rating input score 78; 78th percentile among comparable filings
Growth
- Program expense growth: 10.5% per year; rating input score 100; 66th percentile among comparable filings
- Revenue growth: 9.3% per year; rating input score 100; 66th percentile among comparable filings
- Asset growth: 19.4% per year; rating input score 100; 83rd percentile among comparable filings
Details
- What they do: 4 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 92.5% of revenue deployed · 91.5% of spending went to programs
- Governance: 14 of 14 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $9.2M in reported program spending
- Leadership: top reported pay $154K · 15 people listed
- Consistency: 35 of 35 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 31/100.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 42/100.