The Indy Hub Inc

Nonprofit profile at a glance

EIN
202984853
IRS 990-EZ coverage
2010–2024
Forms available
Form 990 2013, Form 990-EZ 2024
Location
Indianapolis, IN, USA
Phone
3177594829
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$60,485
Expenses
$105,640
Assets
$15,154

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

Leadership & pay

24 people listed

Executive titles in this filing

  • NAPOLEON CARROLL (PRESIDENT/CH)

People named in this filing

  • NAPOLEON CARROLL (PRESIDENT/CH)
  • NICOLE HALPER (CHAIR)
  • GREG STOWERS (VICE CHAIR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Indyhub's mission is to attract, engage and motivate young professionals of all varieties to make indianapolis a better place to live, work and play. We believe that success with this mission will mean an enhanced quality of life for young professionals and a greater talent pool for local employers. To do this, indyhub hosts a variety of educational, professional development and charitable opportunities throughout indianapolis.

What it reported doing in 2024

Corporate collective - as cities across the country work to recruit and develop talent, indyhub partners with some of the most significant employers in indianapolis for events and content that promote civic engagement, cross-company networking and collaboration, educational opportunities and dei training.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 100
  • Sustainability: 10
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -74.7%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 0.14; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 18.8%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: -15.9% per year; rating input score 0; 21st percentile among comparable filings
  • Revenue growth: -9.2% per year; rating input score 0; 25th percentile among comparable filings
  • Asset growth: -4.6% per year; rating input score 0; 25th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 24 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 11 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • High — Sustainability: Operating margin scored 10/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.