Charity Search / CENTRAL INDIANA MILITARY ACADEMY
Education (B29) 990 on File

CENTRAL INDIANA MILITARY ACADEMY

EIN: 20-2693656 · ANDERSON, IN 46016-5209 · United States · FY 2022 Data
3 out of 5 58 / 100 Based on one year of filings
Financial strength (30%) 85/100
Reliability (20%) 50/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2022 · Scored 9/13/2026
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Financial Overview — FY 2022
$11.2M
Total Revenue
$10.8M
Total Expenses
$3.3M
Net Assets
168
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 84.3%
Fundraising Efficiency N/A
Operating Reserve 3.72x
Liability-to-Asset 36.7%
Revenue Diversification 95.3%
Executive Compensation $79K
Compared with Peers
FY 2022
Compared with 3,011 similar organizations (United States, Education, $10M–$100M in expenses), FY 2022.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
84.3% 84.7%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
15.7% 13.4%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.8%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
3.7 mo 11.4 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
36.7% 30.2%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
95.3% 85.6%
P10P90
Below median
Revenue growth
Year over year revenue growth
7.3% 6.8%
P10P90
Expense growth
Year over year expense growth
16.5% 13.8%
P10P90
Surplus margin
Surplus as a share of revenue
3.6% 6.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2022 $11.2M $10.8M $3.3M 84.3% 168
2021 $10.4M $9.2M N/A 168
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Organization Details
EIN
20-2693656
State
IN
City
ANDERSON
ZIP
46016-5209
Classification
B29
Category
Education
Rating
3★
Coverage
B
Last Updated
Aug 2026
Form 990
On File
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