Indiana Association for the Education of Young Children Inc

Nonprofit profile at a glance

EIN
311000350
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Indianapolis, IN, USA
Phone
3173566884
Rating
84
Verdict
STRONG
Rating confidence
Standard

Official website

Reported finances

Revenue
$9,717,777
Expenses
$9,560,152
Assets
$2,241,652
Liabilities
$1,163,579

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • Megan Purcell (President)
  • Dr Hanan Osman (Executive Director)

Highest reported compensation

  • Edwin Hoy (Senior Director of Operations): $168,079 total reported compensation
  • Elise Rabatin (Chief Financial Officer (Through Jan 2025)): $163,791 total reported compensation
  • Dr Hanan Osman (Executive Director): $158,759 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Indiana association for the education of young children, inc. (in aeyc) is a statewide nonprofit with over 2,500 independent members. Indiana aeyc promotes and supports high quality learning for each and every child, birth through age eight, and their families, by connecting practice, policy, and research. Indiana aeyc advances a dynamic early childhood profession and support all who care for, educate, and work on behalf of young children. In aeyc is the state affiliate of the national association for the education of young children.

What it reported doing in 2024

Early childhood professional development - includes both the t.e.a.c.h. Early childhood Indiana project, the non formal cda project and the cda navigators. T.e.a.c.h. (teacher education and compensation helps) early childhood Indiana project - provides credit-based scholarships to the early childhood workforce to increase skills and knowledge, compensation and decrease turn over. Scholarships are provided to support the cda (child development associate credential) training and assessment and the early childhood associate and bachelor degrees. Non formal cda (child development associate) project - the Indiana non formal cda project provides 120 clock hours of training to meet the national cda credential requirements. Early childhood educators working in child care centers, registered ministries and family child care homes are eligible to attend non formal cda classes. Cda navigators at inaeyc provide individual guidance to resources available to early education professionals. They steer educators in the right direction to pursue cda training in the best way possible for their learning style and personal needs. Answer questions and share resources to help them complete the 120 hours of cda training - covering all eight of the cda subject areas. Introduce them to early childhood leaders and resources to assist them from beginning to end of the cda credential process.

Operating model

Revenue model
Grant-funded. 94% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 59% for direct work, and 41% 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: 85
  • Transparency & Controls: 79
  • Accountability: 100
  • Sustainability: 29
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.4%; rating input score 83
  • Program expense ratio: 84.8%; rating input score 85
  • Fundraising efficiency: $189.45 raised per $1 spent on fundraising; rating input score 91; 91st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 95.5%; rating input score 96; 30th 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: 9 of 9 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: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.6%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 0.23; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0.52; rating input score 20; 20th percentile among comparable filings
  • Officer compensation ratio: 5.2%; rating input score 52; 52nd percentile among comparable filings

Growth

  • Program expense growth: 4.6% per year; rating input score 100; 37th percentile among comparable filings
  • Revenue growth: 4.7% per year; rating input score 100; 39th percentile among comparable filings
  • Asset growth: 4% per year; rating input score 100; 29th percentile among comparable filings

Details

  • Where the money goes: 83.4% of revenue deployed · 84.8% of spending went to programs
  • Governance: 14 of 14 board members independent · 9 of 9 filing controls reported
  • Programs: 5 filed program accomplishments · $8.1M in reported program spending
  • Leadership: top reported pay $168K · 18 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 36 of 37 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • 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 40/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • High — Sustainability: Liabilities to assets ratio scored 20/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Sustainability: Officer compensation ratio scored 52/100.