Indiana Agriculture Education Inc
Nonprofit profile at a glance
- EIN
- 815307679
- IRS 990 coverage
- 2018–2022
- Forms available
- Form 990 2022, Form 990-N 2017
- Location
- Carmel, IN, USA
- Phone
- 3179531316
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Charter Schools
Reported finances
- Revenue
- $2,379,448
- Expenses
- $2,378,491
- Assets
- $1,116,244
- Liabilities
- $944,008
Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- ALLAN SUTHERLIN (PRESIDENT/TREASURER)
People named in this filing
- TERRY ANKER (MEMBER)
- DAN DEVLIN (MEMBER)
- JOHNATHAN POPE (MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To organize, develop, manage and conduct educational programs designed to explain agriculture to school-aged children and adults, with programming conducted on a farm and offered as live demonstrations, traveling exhibits and virtual online programs. To provide program information, statistics, research and other related data through online content to promote awareness of animal science, plant science, health and nutrition, food science, forestry, wildlife management, soil and water conservation, agriculture economics, environmental sciences, government and civics and other related topics of agribusiness, agriculture and Indiana's agricultural heritage.
What it reported doing in 2022
Educationto organize, develop, manage and conduct educational programs designed to explain agriculture to school-aged children and adults, with programming conducted on a farm and offered as live demonstrations, traveling exhibits and virtual online programs. To provide program information, statistics, research and other related data through online content to promote awareness of animal science, plant science, health and nutrition, food science, forestry, wildlife management, soil and water conservation, agriculture economics, environmental sciences, government and civics and other related topics of agribusiness, agriculture and Indiana's agricultural heritage.
Operating model
- Revenue model
- Grant-funded. 98% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 90
- Accountability: 88
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.6%; rating input score 65
- Program expense ratio: 64.6%; rating input score 65
- Fundraising efficiency: Limited
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: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- 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%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 0.47; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0.85; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 92; 92nd percentile among comparable filings
Growth
- Program expense growth: 16.2% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 11.2% per year; rating input score 100; 73rd percentile among comparable filings
- Asset growth: 55.2% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 64.6% of revenue deployed · 64.6% of spending went to programs
- Governance: 5 of 5 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $1.5M in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 4 filed schedules
- Filing history: 5 filing years from 2018 to 2022
- Contacts: How to reach this organization
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 34/100.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- High — Sustainability: Liabilities to assets ratio scored 10/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.