Form 990 for tax year 2025

Totals

Total revenue

$26,885,977

Total expenses

$26,175,223

Contributions and grants received

$24,884,203

Grants paid

$4,741,951

Program service revenue

$0

Investment income

$1,890,535

Other revenue

$111,239

Total assets, end of year

$54,654,513

Total liabilities, end of year

$46,423,864

Net assets or fund balances, end of year

$8,230,649

Program services expenses (Part IX)

$22,842,991

Management and general expenses

$2,929,342

Fundraising expenses

$402,890

Program service expenses (Part III)

$22,842,991

Program services were 87.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2025

• ASCEND INDIANA IS A TALENT AND WORKFORCE DEVELOPMENT INITIATIVE COMMITTED TO MAKING INDIANA A PLACE OF ECONOMIC OPPORTUNITY FOR ALL. VISIT WWW.ASCENDINDIANA.COM.IN 2025, ASCEND INDIANA STRENGTHENED ITS ROLE AS A STATEWIDE WORKFORCE INTERMEDIARY BY ENHANCING LEADERSHIP, EXPANDING TECHNOLOGY, DELIVERING PRACTICAL WORK-BASED LEARNING (WBL) TOOLS AND ADVANCING A SCALABLE INTERMEDIARY STRATEGY ALIGNED WITH INDIANA'S ECONOMIC PRIORITIES.ASCEND LAUNCHED SEVERAL RESEARCH PROJECTS IN 2025 TO PROVIDE A SHARED UNDERSTANDING OF HOW TALENT NEEDS ARE CHANGING AND WHAT IT WILL TAKE TO PREPARE FOR THE FUTURE. ASCEND ALSO CREATED A STATEWIDE COLLABORATIVE TO COORDINATE DATA FROM MULTIPLE ENTITIES WITH THE GOAL OF IDENTIFYING COMMON RESEARCH PRIORITIES.

  Expenses $5,285,155 · Grants $626,934

• ANALYTIXIN IS A STRATEGIC INITIATIVE OF CICP ESTABLISHED TO DEVELOP A DIGITAL COMMUNITY, INCLUDING A PLACE-FOCUSED COLLABORATION HUB IN INDIANAPOLIS THAT WILL STRENGTHEN CONNECTIONS AND ENCOURAGE ENGAGEMENT OF ACADEMIC DATA SCIENCE RESEARCH AND DEVELOPMENT TALENT WITH THEIR INDUSTRY PEERS TO DRIVE SUSTAINED INNOVATION WITHIN INDIANA. THE EMPHASIS IS ON LIFE SCIENCES AND MANUFACTURING TWO OF INDIANA'S MOST IMPORTANT AND PROLIFIC ECONOMIC DRIVERS. CICP SERVES AS PROJECT LEAD, WITH SIGNIFICANT AND CRITICAL PARTICIPATION FROM INDIANA UNIVERSITY, PURDUE UNIVERSITY, AND THE UNIVERSITY OF NOTRE DAME, EACH ALLOCATED SIGNIFICANT ANALYTIXIN FUNDING AS THE LOCUS OF THE PROJECT'S TALENT RECRUITMENT AND DEVELOPMENT ACTIVITIES. VISIT WWW.ANALYTIXINDIANA.COM.ANALYTIXIN CONTINUES TO SERVE AS A VITAL CATALYST FOR DATA COLLABORATION, BRIDGING INDIANA'S ACADEMIC INSTITUTIONS, INDUSTRY, GOVERNMENT, AND COMMUNITY ORGANIZATIONS. IN 2025, ANALYTIXIN CONTINUED TO BRING TOGETHER UNIVERSITIES AND INDUSTRY SO INNOVATION MOVES FASTER AND DELIVERS VALUE ACROSS INDIANA'S ECONOMY. - FACULTY ARE THE FOUNDATION OF ANY STRONG DIGITAL AND AI ECOSYSTEM. THROUGH ANALYTIXIN, INDIANA'S R1 UNIVERSITIES RECRUITED 62 ADVANCED ANALYTICS AND AI-FOCUSED FACULTY ACROSS INDIANA UNIVERSITY, PURDUE UNIVERSITY, AND THE UNIVERSITY OF NOTRE DAME.- IN AUGUST, THE ACADEMIC-INDUSTRY ECOSYSTEM CAME TOGETHER AT THE ANALYTIXIN 2025 SUMMIT. MORE THAN 170 FACULTY, STUDENTS, INDUSTRY LEADERS, AND COMMUNITY PARTNERS PARTICIPATED IN TWO DAYS OF COLLABORATION FOCUSED ON ONE GOAL: TURNING REAL-WORLD AI AND DATA CHALLENGES INTO ACTIONABLE IDEAS. MIXED UNIVERSITY-INDUSTRY TEAMS WORKED THROUGH 18 APPLIED USE CASES SPANNING MANUFACTURING, HEALTHCARE, LIFE SCIENCES, LOGISTICS, AND FINANCE. PARTICIPANTS TESTED EARLY SOLUTIONS, SHARED CONSTRAINTS AROUND DATA AND IMPLEMENTATION, AND IDENTIFIED PRACTICAL NEXT STEPS.- THE LIFE SCIENCES HEALTH DATA ASSET IS ONE OF ANALYTIXIN'S MOST TRANSFORMATIVE EFFORTS. BUILT AS A SHARED, STATEWIDE RESOURCE, THE ASSET COMBINES GENOMIC DATA, LONGITUDINAL CLINICAL RECORDS, AND THE ABILITY TO RESPONSIBLY RECONTACT PATIENTS OVER TIME. TO DATE, 60,000 PATIENTS HAVE CONSENTED, WITH 45,000 GENOMIC SAMPLES SEQUENCED BY JANUARY 2026. A GROWING CONSORTIUM OF UNIVERSITIES, HEALTH SYSTEMS, AND LIFE SCIENCES ORGANIZATIONS IS USING THIS ASSET TO ADVANCE RESEARCH IN AREAS SUCH AS DIABETES, CARDIOVASCULAR RISK, PRECISION PSYCHIATRY, AND MEDICATION SAFETY. ANALYTIXIN IS PRIMARILY ENABLED BY A $36 MILLION GRANT FROM LILLY ENDOWMENT INC. TO THE CICP FOUNDATION. VISIT WWW.ANALYTIXINDIANA.COM.

  Expenses $3,615,709 · Grants $2,691,285

• CONEXUS INDIANA HAS BEEN POSITIONING THE HOOSIER STATE AS THE BEST PLACE FOR ADVANCED MANUFACTURING AND LOGISTICS INDUSTRIES TO INNOVATE, INVEST, EMPLOY AND SUCCEED FOR MORE THAN A DECADE. CONEXUS COLLABORATES WITH INDUSTRY, ACADEMIC AND PUBLIC SECTOR PARTNERS ON A SHARED VISION FOR AN INNOVATIVE, SKILLED WORKFORCE AND STRONGER BUSINESS CLIMATE. CONEXUS INDIANA'S CHARITABLE AND EDUCATIONAL ACTIVITIES ARE FUNDED THROUGH CICP FOUNDATION. VISIT WWW.CONEXUSINDIANA.COM. CONEXUS INDIANA BEGAN DEVELOPING A NEW DIGITAL EDUCATIONAL CONTENT HUB DESIGNED TO TRANSLATE INDUSTRY RESEARCH AND INDUSTRY INSIGHTS INTO BROADLY EDUCATIONAL STAGE-BY-STAGE DIGITAL ADOPTION GUIDANCE. THE ORGANIZATION ALSO REIMAGINED ITS INDUSTRY 4.0 FORUMS INTO REGIONAL, PEER-LED DIGITAL ADOPTION EDUCATION WORKSHOPS ACROSS THE STATE TO SHARE LESSONS LEARNED AND ACCELERATE PROGRESS.ARTIFICIAL INTELLIGENCE WILL BE A CORE COMPONENT OF THIS NEXT PHASE. CONEXUS WILL EXPAND ITS RESEARCH AND STORYTELLING TO INCLUDE GUIDANCE ON PRACTICAL AI APPLICATIONS AND IS WORKING WITH FELLOW CICP INITIATIVE, ANALYTIXIN, TO DEVELOP AN AI-ENABLED TOOL TO SUPPORT INDUSTRY LEARNING AND DECISION-MAKING.CATAPULT INDIANA IS CONEXUS' 160-HOUR ADVANCED MANUFACTURING TRAINING PROGRAM PRIMARILY SERVING UNEMPLOYED AND UNDER-EMPLOYED HOOSIER ADULTS AND GRADUATING HIGH SCHOOL STUDENTS. DURING THE REPORTING PERIOD, CONEXUS COMPLETED 9 CATAPULT IMPLEMENTATIONS, ENROLLING 98 STUDENTS AND GRADUATING 94 ACROSS ITS FIVE LOCATIONS. AT THE HIGH SCHOOL LEVEL, CONEXUS MADE SIGNIFICANT PROGRESS IN TRANSITIONING ITS CONEXUS STUDENT INDUSTRIES PROGRAM TO ASCEND INDIANA. CONEXUS STUDENT INDUSTRIES SUPPORTED INDIANA SCHOOL-BASED ENTERPRISES, WHICH PROVIDE STUDENTS WITH ACCESS TO WORK-BASED LEARNING EXPERIENCES WITHOUT LEAVING THE SCHOOL BUILDING. WITH THIS TRANSITION, SCHOOL-BASED ENTERPRISES WILL BE ABLE TO ACCESS AND LEVERAGE THE SIGNIFICANT INFRASTRUCTURE THAT ASCEND HAS BUILT TO SUPPORT WORK-BASED LEARNING MODELS AND POSITIONS THE PROGRAM TO ENGAGE THE SIGNIFICANT NETWORK OF NON-PROFIT INTERMEDIARIES AND SCHOOLS WITH WHICH THE INITIATIVE ALREADY WORKS. CONEXUS AND ASCEND COMPLETED THE PROGRAM TRANSITION AT CONEXUS' ANNUAL STUDENT INDUSTRIES CONVENING IN DECEMBER, WHERE TEAMS FROM CONEXUS, ASCEND, AND INDIANA'S OFFICE OF CAREER AND TECHNICAL EDUCATION DISCUSSED WBL STRATEGIES, CAREER AND TECHNICAL EDUCATION (CTE) FUNDING OPPORTUNITIES, AND PATHWAY ALIGNMENT.CONEXUS SUCCESSFULLY SUNSET ITS SUCCESSFUL MAKE IN MOVE CAREER AWARENESS CAMPAIGN DIRECTED AT YOUNG HOOSIERS. FUTURE CAREER AWARENESS EFFORTS WILL LEVERAGE CICP'S SEE YOURSELF IN PLATFORM AND REGIONAL PARTNERS TO ALIGN MESSAGING WITH IMMEDIATE WORKFORCE NEEDS. THIS SHIFT PRIORITIZES AWARENESS STRATEGIES FOR BOTH MIDDLE AND HIGH SCHOOL STUDENTS BY REPACKAGING CONEXUS' STRONGEST MAKE IN MOVE CONTENT UNDER THE SEE YOURSELF IN BRAND AND MAINTAINS A PRESENCE AT MAJOR STEM EVENTS THAT SERVE AS HIGH-VALUE TOUCHPOINTS FOR EARLY CAREER EXPLORATION. THIS SHIFT ALSO WILL ALLOW THE INITIATIVE TO FOCUS ON ITS REFINED STRATEGY WHILE CONTINUING, THROUGH CICP, TO CONNECT YOUNG PEOPLE TO PRACTICAL TOOLS, PEER-LEARNING NETWORKS, AND UPSKILLING PATHWAYS NEEDED TO LEARN, ADAPT, AND GROW IN A MODERN DIGITAL ENVIRONMENT.

  Expenses $2,946,183 · Grants $1,205,592

• AGRINOVUS INDIANA IS THE STATE'S INITIATIVE FOCUSED ON ADVANCING THE AGBIOSCIENCES SECTOR AS A NATIONALLY RECOGNIZED LEADER THROUGH EDUCATION, RESEARCH AND TALENT DEVELOPMENT; STRATEGIC COLLABORATIONS AMONG CORPORATIONS, INDUSTRY ASSOCIATIONS, GOVERNMENT AND UNIVERSITIES; THE CREATION AND SUPPORT OF NEW COMPANIES; AND BRANDING AND TARGETED PROMOTIONS TO ELEVATE THE SECTOR. AGRINOVUS INDIANA'S CHARITABLE AND EDUCATIONAL ACTIVITIES ARE FUNDED THROUGH CICP FOUNDATION. VISIT WWW.AGRINOVUSINDIANA.COM.IN 2025, AGRINOVUS LAUNCHED VELOCITY, A SIX-MONTH STARTUP ACCELERATOR FOCUSED ON SOLVING CHALLENGES IN CRITICAL AREAS OF AGBIOSCIENCE. GUIDED BY STRONG MENTORSHIP AND RESEARCH, VELOCITY'S CHALLENGES WERE SHAPED BY AGRINOVUS' ACCELERATE 2050 REPORT WHICH IDENTIFIED THREE FORCES OF CHANGE EXPECTED TO SHAPE THE FUTURE OF AGBIOSCIENCE OVER THE NEXT 25 YEARS: FOOD IS HEALTH, BIOINNOVATION AND FARMER-FOCUSED INNOVATION.FORTY-TWO PARTICIPATING TEAMS RANGING FROM STUDENTS, STARTUPS AND EXISTING COMPANIES CREATED INNOVATIVE SOLUTIONS TO DEFINED CHALLENGES. THE ACCELERATOR CULMINATED WITH VELOCITY DEMO DAY, AN INNOVATION SHOWCASE THAT FEATURED PRESENTATIONS FROM MANY OF THE TEAMS THAT COMPLETED THE PROGRAM. ONE WINNER FROM EACH TRACK WAS AWARDED $25,000 FOR THEIR SOLUTION. THE FIELD ATLAS ONLINE PLATFORM IS AUGMENTED BY PART-TIME STUDENT EMPLOYEES THAT CHAMPION THE AGBIOSCIENCE STORY ON THEIR INDIANA COLLEGE CAMPUS, SURROUNDING COLLEGES AND HIGH SCHOOLS. THIS PAID PROFESSIONAL DEVELOPMENT EXPERIENCE IS A PART-TIME REMOTE INTERNSHIP. AGRINOVUS WELCOMED 12 AMBASSADORS REPRESENTING DIVERSITY FROM CAMPUSES ACROSS THE STATE IN 2025. BIOCROSSROADS IS INDIANA'S LIFE SCIENCES INITIATIVE THAT FOSTERS PUBLIC-PRIVATE COLLABORATION BY UNITING A DIVERSE RANGE OF ACADEMIC, INDUSTRY, AND PHILANTHROPIC STAKEHOLDERS, ALL COLLECTIVELY FOCUSED ON ADVANCING INDIANA'S LIFE SCIENCES SECTOR. COMMITTED TO SUPPORTING THE GROWTH OF CAPITAL INVESTMENTS AND TALENT DEVELOPMENT, BIOCROSSROADS PROVIDES SUPPORT TO BOTH EXISTING AND NEW LIFE SCIENCES ENTERPRISES, INCLUDING THE INDIANA HEALTH INFORMATION EXCHANGE, ORTHOWORX, AND THE INDIANA BIOSCIENCES RESEARCH INSTITUTE. BIOCROSSROADS' CHARITABLE AND EDUCATIONAL ACTIVITIES ARE FUNDED THROUGH CICP FOUNDATION. VISIT WWW.BIOCROSSROADS.COM.THROUGHOUT 2025, BIOCROSSROADS ADVANCED WORK THROUGH A ROBUST COMMUNICATIONS STRATEGY DESIGNED TO SUPPORT ECOSYSTEM CONNECTIVITY AND PUBLIC AWARENESS. FRAMEWORX FORUMS, INDUSTRY PARTNERSHIPS, EARNED MEDIA, AND THOUGHT LEADERSHIP ENGAGEMENTS CREATED CONSISTENT PLATFORMS FOR DIALOGUE, LEARNING AND COLLABORATION ACROSS THE SECTOR. THESE EFFORTS ENSURED THAT INDIANA'S STRENGTHS IN MANUFACTURING, RESEARCH, TALENT, AND INNOVATION WERE NOT ONLY ADVANCING, BUT BEING CLEARLY COMMUNICATED TO DECISION MAKERS, INVESTORS, AND PARTNERS.A CENTERPIECE OF THIS CONVENING WORK WAS THE 2025 BIOCROSSROADS LIFE SCIENCES SUMMIT, CO-HOSTED WITH AGRINOVUS INDIANA. THE SOLD-OUT EVENT BROUGHT TOGETHER MORE THAN 350 LEADERS FROM INDUSTRY, ACADEMIA, STARTUPS, AND THE PUBLIC SECTOR AROUND THE THEME OF ONE HEALTH. PANEL DISCUSSIONS EXPLORED SUSTAINABLE AGRICULTURE, COMPANION ANIMAL HEALTH, AND THE RESHORING OF CRITICAL SUPPLY CHAINS, INCLUDING A RARE LEADERSHIP CONVERSATION FEATURING EXECUTIVES FROM ELI LILLY AND COMPANY, ELANCO, CORTEVA AGRISCIENCE, PURDUE UNIVERSITY AND INDIANA UNIVERSITY.TECHPOINT IS THE NONPROFIT INDUSTRY-LED GROWTH INITIATIVE FOR INDIANA'S DIGITAL INNOVATION ECONOMY AND OVERALL, TECH ECOSYSTEM FOCUSED ON EXPANDING THE TECH TALENT PIPELINE AND ELEVATING THE INDUSTRY BY ACTIVATING THE COMMUNITY AND AMPLIFYING STORIES OF SUCCESS IN COLLABORATION WITH PUBLIC, PRIVATE AND INDUSTRY PARTNERS. TECHPOINT'S CHARITABLE AND EDUCATIONAL ACTIVITIES ARE FUNDED THROUGH CICP FOUNDATION. VISIT WWW.TECHPOINT.COM.AS AI ADOPTION ACCELERATES, THE TECH TALENT NARRATIVE IS BEING REWRITTEN WITH GENERATIVE MODELS, GROWING AGENTIC SYSTEMS AND EMERGING TECHNOLOGIES. MOST AI-EXPOSED OCCUPATIONS SAW A 13% RELATIVE DECLINE IN EMPLOYMENT FROM LATE 2022 TO MID-2025, AS EMPLOYMENT FOR MORE EXPERIENCED WORKERS IN THOSE SAME JOBS HELD STEADY OR GREW. TO ADDRESS THIS TALENT EXPERIENCE GAP IN INDIANA, TECHPOINT LAUNCHED ITS XTERN CHALLENGE SERIES WITH MIDCONTINENT INDEPENDENT SYSTEM OPERATOR (MISO) WITH AN EVENT ON OCTOBER 10, 2025. SEE YOURSELF IN IS A PROJECT THAT BRINGS TOGETHER THE RESOURCES, KNOWLEDGE, AND PROGRAMS OF ALL THE CICP INITIATIVES TO HELP YOUNG PEOPLE ENVISION THE LIFE THEY COULD LEAD IF THEY PURSUE CAREERS IN THE INDUSTRIES THAT ARE DRIVING INDIANA'S ECONOMY FORWARD. AS SEE YOURSELF IN LOOKS AHEAD, THE PROGRAM CONTINUES TO GROW ITS DIGITAL REACH, DEEPEN ITS EDUCATOR TOOLKIT, AND BUILD ON THE MOMENTUM OF EACH SUMMIT. THE GOAL REMAINS THE SAME: TO MAKE SURE INDIANA'S YOUNG PEOPLE KNOW THAT REWARDING, WELL-PAYING CAREERS IN ADVANCED INDUSTRIES ARE NOT SOMEWHERE ELSE. THEY ARE RIGHT HERE, AND THERE IS A PLACE IN THEM FOR YOU.

  Expenses $10,995,944 · Grants $218,140

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• INDIANA UNIVERSITY

  $2,661,751

  TO ADVANCE THE ANALYTIXIN STRATEGIC INITIATIVE PROJECT AND CONDUCT INDIANA'S LIFE SCIENCES INDUSTRY RESEARCH

• CENTRAL INDIANA CORPORATE PARTNERSHIP INC

  $1,158,622

  TO ADVANCE RESEARCH FOR INDOT (REIMBURSEMENT)

• ALLIANCE FOR STRATEGIC GROWTH INC DBA EASTERN INDIANA WORKS

  $115,000

  TO ADVANCE ASCEND INDIANA'S INDIANA CAREER APPRENTICESHIP PATHWAY PROGRAMS

• REGION 10 WORKFORCE BOARD INC DBA SOUTHERN INDIANA WORKS

  $115,000

  TO ADVANCE ASCEND INDIANA'S LOCAL COMMUNITIES YOUTH APPRENTICESHIP PROGRAMS

• CRAWFORDSVILLE COMM SCHOOLS

  $100,000

  TO ADVANCE ASCEND INDIANA'S LOCAL COMMUNITIES YOUTH APPRENTICESHIP PROGRAMS

• SOUTHERN INDIANA EDUCATION CENTER INC

  $100,000

  TO ADVANCE ASCEND INDIANA'S LOCAL COMMUNITIES YOUTH APPRENTICESHIP PROGRAMS

• THE GLOBAL INSTITUTE ON INNOVATION DISTRICTS INC

  $94,213

  ADVANCE INDIANA'S LIFE SCIENCES INNOVATION ECOSYSTEM

• VINCENNES UNIVERSITY

  $46,970

  TO SUPPORT CONEXUS INDIANA'S CATAPULT ADVANCED MANUFACTURING TRAINING PROGRAM

• THE HEALTH & HOSPITAL CORPORATION OF MARION COUNTY DBA ESKENAZI HEALTH

  $46,213

  TO ADVANCE ASCEND INDIANA'S BEHAVIORAL HEALTH WORKFORCE DEVELOPMENT PROGRAM

• LEADERSHIP INDIANAPOLIS INC

  $38,900

  TO ADVANCE CICP'S KNOW YOUR WHY PROGRAM

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• CENTRAL INDIANA CORPORATE PARTNERSHIP INC

  501(C)(6) · PROMOTING LONG-TERM GROWTH FOR THE REGION · IN

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Provenance

Return type

form_990

Tax year

2025

Filed

15 September 2026

IRS schema version

2025v4.2

Source object

202612659349301211

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.