Inside Track Impact Inc
- Assets
- $23.2m
- Revenue
- $19.6m
- Investments
- $0.0
- Employees
- 185
- Location
- Indianapolis, IN
- Founding
- Data as of
- 12/2020
- EIN
- 84-3640492
Organization Overview
Inside Track Impact Inc is located in Indianapolis, IN. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2020, Inside Track Impact Inc employed 185 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inside Track Impact Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
INSIDE TRACK, INC. WILL (1) PROVIDE MULTIFACETED COACHING TO PROSPECTIVE AND CURRENT STUDENTS TO IMPROVE COLLEGE ENROLLMENT, RETENTION, AND GRADUATION; (2) INSTRUCT AND TRAIN COLLEGE AND UNIVERSITY ADMINISTRATORS ON HOW TO COACH STUDENTS FOR ACADEMIC AND CAREER SUCCESS; AND (3) CONDUCT RESEARCH AND PUBLISH REPORTS ON THE IMPACT OF STUDENT SUCCESS COACHING ON ENROLLMENT, PERSISTENCE, AND CAREER-READINESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSIDE TRACK, INC. IMPLEMENTS COACHING (I.E., TRAINING AN INDIVIDUAL FOR THE PURPOSE OF IMPROVING OR DEVELOPING HER CAPABILITIES) PROGRAMS THAT IMPROVE EDUCATIONAL OUTCOMES FOR MANY KINDS OF STUDENTS, INCLUDING ADULT, DISTANCE, MILITARY, AND UNDERREPRESENTED STUDENTS. COACHING ACTIVITIES INCLUDE FACE-TO-FACE COACHING AT EDUCATIONAL INSTITUTIONS AND REMOTE COACHING BY PHONE, EMAIL, AND VIRTUAL COMMUNICATION METHODS TO INCREASE THE ACCESSIBILITY OF COACHING TO DISTANCE, ADULT, MILITARY, AND OTHER LEARNERS.
INSIDE TRACK, INC. PROVIDES INSTRUCTION TO EDUCATIONAL INSTITUTIONS ON HOW TO COACH STUDENTS, INCLUDING HOW TO DEVELOP COACHING MODELS TAILORED TO KEY STUDENT POPULATIONS SUCH AS MILITARY, DISTANCE, AND UNDERREPRESENTED STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Wheelan President | OfficerTrustee | 39 | $502,537 |
Brian Co SVP Product Studio | 40 | $314,463 | |
Kai Drekmeier Vice President | Officer | 40 | $295,668 |
Ruth White President (beg 9/1/2020) | Officer | 39 | $291,132 |
David Jarrat SVP Strat Eng. & Growth | 40 | $278,835 | |
Stephen Ast SVP Partner Success | 40 | $274,529 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kontrast It Consulting Services | 12/30/20 | $438,374 |
Rubikal It Consulting Services | 12/30/20 | $1,398,167 |
Tcwglobal Workforce Management | 12/30/20 | $830,780 |
Silicon Valley Bank Credit Card Services | 12/30/20 | $548,067 |
Amazon Web Services Inc Web Services | 12/30/20 | $331,353 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $610,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $510,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,120,000 |
| Total Program Service Revenue | $18,465,430 |
| Investment income | $29,026 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,614,456 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,764 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,558,963 |
| Compensation of current officers, directors, key employees. | $1,558,963 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,745,166 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,813,129 |
| Payroll taxes | $1,157,573 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,438 |
| Fees for services: Other | $2,685,532 |
| Advertising and promotion | $189,699 |
| Office expenses | $5,219 |
| Information technology | $1,160,593 |
| Royalties | $0 |
| Occupancy | $559,782 |
| Travel | $131,843 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $153,096 |
| Interest | $5,247 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,427,702 |
| Insurance | $147 |
| All other expenses | $0 |
| Total functional expenses | $21,894,850 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,919,923 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,376,393 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $51,240 |
| Net Land, buildings, and equipment | $658,443 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $13,742,331 |
| Other assets | $1,472,333 |
| Total assets | $23,220,663 |
| Accounts payable and accrued expenses | $4,303,823 |
| Grants payable | $0 |
| Deferred revenue | $1,382,470 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,119,284 |
| Total liabilities | $6,805,577 |
| Net assets without donor restrictions | $16,415,086 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $23,220,663 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Inside Track Impact Inc has recieved totaling $660,000.
| Awarding Organization | Amount |
|---|---|
Strada Education Network Inc Indianapolis, IN PURPOSE: MATCHING GRANT | $460,000 |
Baton Rouge Area Foundation Baton Rouge, LA PURPOSE: THE LOUISIANA EDUCATION PROJECT: 2015-2021 | $150,000 |
Institute For College Access And Success Inc Oakland, CA PURPOSE: Fed advcy student success programs | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Four Lakes Education Inc Mcfarland, WI | $19,510,761 | $31,025,737 |
Spencer Foundation Chicago, IL | $670,624,797 | $32,472,140 |
Childrens First Fund The Chicago Public School Foundation Chicago, IL | $26,791,850 | $26,985,163 |
Inside Track Impact Inc Indianapolis, IN | $23,220,663 | $19,614,456 |
Lycee Francais De Chicago Inc Chicago, IL | $48,724,560 | $20,322,112 |
Strada Collaborative Inc Indianapolis, IN | $87,757,237 | $36,146,755 |
Sertoma Centre Inc Alsip, IL | $22,208,490 | $17,472,414 |
Connected Nation Inc Bowling Green, KY | $5,021,239 | $16,572,653 |
National Association Of State Procurement Officials Lexington, KY | $137,920,901 | $31,374,950 |
Cross Trails Medical Center Cape Girardeau, MO | $16,622,925 | $13,747,968 |
Institute For Quality Education Inc Indianapolis, IN | $12,107,092 | $12,010,135 |
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |