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Indiana Secondary Market for Education Loans Inc

For over 40 years, indiana secondary market for education loans, inc. (d/b/a "invested") has provided indiana students and families critical resources and advising services to plan and finance …

Indiana Secondary Market For Education

Advocacy & Civil Rights Indianapolis, IN EIN: 310995844 (IRS) Sign up to see website
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73
Integrity Assessment
Strong transparency
73/100 · methodology

About Indiana Secondary Market for Education Loans Inc

The road to higher education and a college degree in Indiana begins with educating yourself on the best path for your student and family.

Founded
Headquarters
Indianapolis, IN
Foundation type
Supporting organization (509(a)(3))
NTEE code
W600
IRS subsection
501(c)(03)
Ruling date
Size
large

Verified certifications

Confirmed against the issuing authority - not self-reported.

IRS Tax-Deductible since 1981

Mission

For over 40 years, indiana secondary market for education loans, inc. (d/b/a "invested") has provided indiana students and families critical resources and advising services to plan and finance education after high school. As indiana's only state-based, nonprofit student-loan-making and financial-literacy organization, invested plays a crucial role serving all indiana students and families before, during, and after their post-secondary studies to make post-secondary educational attainment affordable. Invested provides students and families various services through its student loan program and its financial aid literacy and advising programs, all at no cost to students, their families, or indiana taxpayers.

Focus areas & reach

· What they work on and where
Cause tags
SDG alignment The 17 UN Sustainable Development Goals (SDGs) are the global agenda for ending poverty, protecting the planet, and ensuring prosperity by 2030. We tag each charity to the goals its work advances.

How it stacks up against peers

· vs. 8 similar advocacy & civil rights in United States
Program spending This charity: 82%
Peer average: 89%
Integrity Assessment This charity: 73
Peer average: 90

Concerns

· None found
No red flags found
Screened for IRS revocation history, Open investigations, Governance scandals, Related-party deals, Excessive exec comp.

Where every $1 goes

· FY2024 · IRS 990 (FY2024)
$0.82
Program$0.82
82% to programs beats the Charity Navigator "highly efficient" threshold (75%).

GiveRadar Analysis

Original analysis from GiveRadar's dataset of comparable organizations

Based on the records currently verified by GiveRadar, Indiana Secondary Market for Education Loans Inc has a complete profile, cross-referenced across 4 independent sources including the IRS.

  • GiveRadar has cross-referenced this organization across 4 independent sources, led by the IRS - among the most thoroughly sourced profiles in its cohort. See the sources
  • By reported annual revenue, it is larger than 97% of the 83,892 advocacy & civil rights charities in the United States with financial records on GiveRadar. See the filings
  • Its integrity score of 73 places it in the top 25% of the 128,026 advocacy & civil rights charities in the United States GiveRadar tracks, because GiveRadar has verified its financial disclosures and its registration. View this cohort
GiveRadar has verified
  • government registration
  • financial records
  • disclosed leadership
  • a website
  • a contact email
  • a donation page
Not yet verified by GiveRadar
  • an owner-submitted profile claim

Analysis based on GiveRadar's benchmark dataset of 2026-07-03. It describes what GiveRadar has verified, not a judgment of the organization itself.

Common questions

· Auto-generated from filings + methodology

Indiana Secondary Market for Education Loans Inc is a registered advocacy & civil rights nonprofit based in Indianapolis, IN, United States. It is registered with the Internal Revenue Service (IRS). It was founded in 1980 and has been operating for 46 years. Its EIN is 310995844. According to GiveRadar's records, it holds active tax-deductible status on the IRS Publication 78 list, which means donations are tax-deductible and the organization is in good standing with the IRS. GiveRadar's Integrity Assessment for the organization is 73/100, which reflects how much public information is available, not whether the charity is legitimate. The organization reports $17M in annual revenue. No red flags have been detected.

Indiana Secondary Market for Education Loans Inc's EIN (Employer Identification Number) is 310995844. This is the organization's IRS tax identification number; you can use it to verify tax-exempt status and to look up its Form 990 filings with the IRS.

Indiana Secondary Market for Education Loans Inc has a GiveRadar Integrity Assessment of 73/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 73 ('Strong transparency') reflects well-documented governance, recent financials, named leadership, and working contact details. The charity allocates 82% of expenses to programs, which contributes positively to its score. For comparison, the average integrity assessment for advocacy & civil rights charities in United States is 90/100.

Indiana Secondary Market for Education Loans Inc is located in Indianapolis, IN, United States. The organization was established in 1980 and has been active for 46 years.

Based on official tax filings, Indiana Secondary Market for Education Loans Inc has $17M in annual revenue. It allocates 82% of expenses to programs and services. This is below the average of 89% for advocacy & civil rights charities in United States. Its revenue is significantly above the peer average of $4M. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.

Indiana Secondary Market for Education Loans Inc is classified as an Advocacy & Civil Rights organization, registered in United States. It operates as a Supporting organization (509(a)(3)). By size, it is categorized as a large organization. It has $17M in annual revenue.

No red flags have been detected for Indiana Secondary Market for Education Loans Inc. GiveRadar automatically screens charities for concerning patterns including high executive compensation, low program spending, and missing financial filings. Based on available official data, no issues have been identified.

According to GiveRadar's records, Indiana Secondary Market for Education Loans Inc holds active tax-deductible status on the IRS Publication 78 list, which means donations are tax-deductible and the organization is in good standing with the IRS. It is registered with the Internal Revenue Service (IRS). It reports that 82% of expenses go to programs (the peer average is 89%). You can donate directly through their official donation page linked on their GiveRadar profile. GiveRadar provides data for research and does not endorse any organization. A GiveRadar Integrity Assessment reflects how much public data is available, not whether an organization is safe to donate to, so it is always smart to do your own research before giving.

The road to higher education and a college degree in Indiana begins with educating yourself on the best path for your student and family. Indiana Secondary Market for Education Loans Inc is classified as an advocacy & civil rights organization registered in United States. The organization was founded in 1980.

Among advocacy & civil rights charities registered in United States: It allocates 82% of expenses to programs, below the peer average of 89%. Its annual revenue of $17M is well above the peer average of $4M.

Yes, donations to Indiana Secondary Market for Education Loans Inc are generally tax-deductible in the United States. Indiana Secondary Market for Education Loans Inc is a 501(c)(3) tax-exempt organization. Its EIN is 310995844, which you can use for tax filing purposes. Donors can typically deduct contributions on their federal income tax return if they itemize deductions. Consult a tax professional for guidance specific to your situation.

Annual revenue
$10M-$100M
82% to programs
Source: IRS 990 (FY2024) why this matters
Unlock exact figures

Filing history

1 year on file from IRS 990 (FY2024): revenue, expenses, program spending, assets, and liabilities by fiscal year.

Years on record: FY2024.
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Taxes

Tax-deductibility for donors

Donations may be tax-deductible for residents of United States under local rules. Confirm with the charity directly.

Always confirm tax treatment with the charity directly or your tax advisor before donating.

Staff & volunteers

From filings and published profiles

Employees
17

Leadership

From FY2024 filing

JO
Joseph V W•••
President

Officers & trustees (1)

Source: Public filings

See full names, roles, and stories

1 officers and trustees on file - free with a GiveRadar account.

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Latest news

From global news sources

No recent news coverage found

News coverage will appear here when articles mention this organization.

Activity timeline

Filings and press mentions, merged

Form filed
$16.6M revenue
FY2024
IRS 990

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Cause areas in United States

How many charities work in each area, with this charity's area highlighted.

Human Services 322,679
Education 195,586
Arts & Culture 133,128
Advocacy & Civil Rights this charity 128,026
Religion 114,636
Health 98,862
Community Development 56,086
Youth Development 53,450
See all cause areas in United States

Most common causes in United States

Causes charities work on most, with this charity's causes ticked.

Community Development 235,146
Education 159,016
Religion 103,741
Arts & Culture 101,203
Human Rights 76,926
Health 65,250
Youth Development 47,775
Animal Welfare 32,425

Sources and verification

Registration and legal identity
Internal Revenue Service (IRS) - Tax Exempt Organization Search
Financial filings
IRS Form 990 filings - Fiscal year 2024 most recent on file.
Officers and trustees
Internal Revenue Service (IRS) - Tax Exempt Organization Search - 1 disclosed in the public registry.
News and media coverage
GDELT Project + Google News
Supplementary verification
Charity Navigator

Data freshness

Last updated
Jun 12, 2026
Registry checked
Jun 6, 2026
Profile completeness
75%

What we know and don't know

Exactly which public data we hold on this charity. Our score reflects transparency, not impact.

On record · 9
  • Financial data · FY2024 on record
  • Named leadership · 1 officer on file
  • Government registration · Registered with an official registry
  • Mission statement · Published
  • Official website · On record
  • Headquarters address · On file
  • Direct contact · Email or phone published
  • Tax-deductibility · Verified
  • Founding date · 1980
Not available · 2
  • Executive pay
    Top-officer pay not disclosed
  • Programs & activities
    No named programs listed by the charity

Methodology

GiveRadar builds each profile primarily from official government charity registries, supplemented where available by third-party nonprofit databases and news archives, and combines it into a single 0-100 integrity assessment. The exact sources for this charity are listed above. We don't take a cut of any donation, ever.

Read full methodology

Are you the owner or a board member?

If you represent this organization and want to correct or update its data, you can claim this listing to edit details yourself, or email [email protected] with the correct information. We review every request and respond within 30 days.

Quick facts about Indiana Secondary Market for Education Loans Inc

What is Indiana Secondary Market for Education Loans Inc?
Indiana Secondary Market for Education Loans Inc is a advocacy & civil rights supporting organization (509(a)(3)) based in Indianapolis, United States. The road to higher education and a college degree in Indiana begins with educating yourself on the best path for your student and family.
When was Indiana Secondary Market for Education Loans Inc founded?
Indiana Secondary Market for Education Loans Inc was founded in 1980.
Who leads Indiana Secondary Market for Education Loans Inc?
Joseph V Wood serves as President.
Where is Indiana Secondary Market for Education Loans Inc located?
Headquartered in Indianapolis, IN, United States.
What is Indiana Secondary Market for Education Loans Inc's annual budget?
Annual revenue for fiscal year 2024 is approximately $10M-$100M. 82% of expenses go to program services.
Is Indiana Secondary Market for Education Loans Inc trustworthy?
Indiana Secondary Market for Education Loans Inc has a GiveRadar Integrity Assessment of 73 out of 100 (Strong transparency). The score reflects public-data transparency: registration, financial disclosure, governance, contact details, and how recently data was refreshed. It does not measure program impact.
What is Indiana Secondary Market for Education Loans Inc's registration number?
IRS EIN: 310995844.
What is Indiana Secondary Market for Education Loans Inc's website?
http://www.investedindiana.org