Science & Technology
(U02)
990 on File
BALL STATE INNOVATION CORPORATION
Financial strength (30%)
83/100
Reliability (20%)
50/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$24.9M
Total Revenue
$1.1M
Total Expenses
$23.8M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
74.2%
Fundraising Efficiency
N/A
Operating Reserve
251.40x
Liability-to-Asset
70.7%
Revenue Diversification
96.4%
Compared with Peers
FY 2025
Compared with 107 similar organizations
(United States, Science & Technology, $1M–$10M in expenses), FY 2025.
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
|
74.2% | 82.8% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
25.8% | 13.9% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
251.4 mo | 10.7 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
70.7% | 11.7% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
96.4% | 88.7% |
P10P90
|
Below median |
|
Surplus margin
Surplus as a share of revenue
|
95.4% | 3.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $24.9M | $1.1M | $23.8M | 74.2% | 0 |
| 2024 | $0 | $0 | $95K | — | 0 |
| 2023 | $30K | $15 | $95K | 100.0% | 0 |
| 2022 | $200 | $-16,183 | $65K | — | 0 |
| 2021 | $0 | $38K | N/A | — | 0 |
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