Edfit Indiana
- Assets
- $30.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 04/2017
- Data as of
- 12/2021
- EIN
- 81-5338341
Organization Overview
Edfit Indiana is located in Indianapolis, IN. The organization was established in 2017. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edfit Indiana is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Edfit Indiana generated $75.0k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $79.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
UNDER THE ED CHOICE GRANT ED FIT WORKS TO EDUCATE THE INDIANAPOLIS URBAN COMMUNITY ABOUT SCHOOL CHOICE OPTIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barato Britt Board Member | 1 | $0 | |
Acey Byrd CEO | 5 | $0 | |
Gary Davis Board Member | 1 | $0 | |
Emery Edward Board Member | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Byrd Enterprise Consulting | 12/30/17 | $56,300 |
Shree' Medlock Medlock Consulting Services | 12/30/17 | $5,800 |
Emory Edwards Edwards Consulting Services | 12/30/17 | $10,650 |
Barato L Britt Consulting Services | 12/30/17 | $8,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $75,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,377 |
| Professional fees and other payments to independent contractors | $34,084 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,987 |
| Other expenses | $23,422 |
| Total expenses | $79,870 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,960 |
| Other assets | $0 |
| Total assets | $29,960 |
| Total liabilities | $9,834 |
| Net assets or fund balances | $20,126 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Edfit Indiana has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Edchoice Inc Indianapolis, IN PURPOSE: SEE PART IV | $75,000 |
Indianapolis Foundation Inc Indianapolis, IN PURPOSE: Education Advocate Academy | $25,000 |
Peer Organizations
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|---|---|---|
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Indiana Schools Of Excellence Inc South Bend, IN | $1,530,237 | $1,840,124 |
Partnership For College Completion Chicago, IL | $3,079,798 | $3,336,622 |
Cfa Society Of Chicago Chicago, IL | $2,288,053 | $1,555,705 |