Civic Intelligence

Inspiring Minds

990 • Fiscal year 2019 • EIN 05-0310175

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 02, 2020

Organization ProfileINSPIRINGMINDSRI.ORG
190 Broad Street No 2nd WProvidence, RI 02903

(401) 274-3240

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.09x

Higher debt load relative to assets than 78% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

79th percentile

0.06x

Higher debt load relative to revenue than 79% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

80th percentile

25%

Higher net margin than 80% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

89th percentile

75%

Faster asset growth than 89% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

92nd percentile

89%

Faster revenue growth than 92% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$206,224

Up $88,274 (+75%) from 2018

Net Assets

Up

$188,461

Up $77,785 (+70%) from 2018

Liabilities

Up

$17,763

Up $10,489 (+144%) from 2018

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin80th percentile

Revenue

Up

$306,445

Up $144,641 (+89%) from 2018

Expenses

Up

$228,660

Up $27,891 (+14%) from 2018

Net Income

Up

$77,785

Up $116,750 (+300%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2011: $611,897Liabilities 2011: $67,420Net Assets 2011: $544,4772011Assets 2012: $677,777Liabilities 2012: $29,397Net Assets 2012: $648,3802012Assets 2013: $600,540Liabilities 2013: $23,647Net Assets 2013: $576,8932013Assets 2014: $478,554Liabilities 2014: $24,439Net Assets 2014: $454,1152014Assets 2015: $348,570Liabilities 2015: $23,429Net Assets 2015: $325,1412015Assets 2016: $225,425Liabilities 2016: $24,763Net Assets 2016: $200,6622016Assets 2017: $161,368Liabilities 2017: $11,727Net Assets 2017: $149,6412017Assets 2018: $117,950Liabilities 2018: $7,274Net Assets 2018: $110,6762018Assets 2019: $206,224Liabilities 2019: $17,763Net Assets 2019: $188,4612019Assets 2020: $321,316Liabilities 2020: $43,978Net Assets 2020: $277,3382020Assets 2021: $352,378Liabilities 2021: $19,955Net Assets 2021: $332,4232021Assets 2022: $444,278Liabilities 2022: $33,795Net Assets 2022: $410,4832022Assets 2023: $530,361Liabilities 2023: $69,598Net Assets 2023: $460,7632023Assets 2024: $584,271Liabilities 2024: $117,667Net Assets 2024: $466,6042024

Highlighted filing

2019

Assets$206,224
Liabilities$17,763
Net Assets$188,461
Open 2019 Filing

Operations Trend

Revenue Growth92nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,308,778Expenses 2011: $1,175,220Net Income 2011: $133,5582011Revenue 2012: $1,342,418Expenses 2012: $1,238,515Net Income 2012: $103,9032012Revenue 2013: $839,311Expenses 2013: $910,798Net Income 2013: -$71,4872013Revenue 2014: $764,514Expenses 2014: $907,639Net Income 2014: -$143,1252014Revenue 2015: $605,357Expenses 2015: $744,385Net Income 2015: -$139,0282015Revenue 2016: $524,154Expenses 2016: $646,976Net Income 2016: -$122,8222016Revenue 2017: $337,274Expenses 2017: $388,295Net Income 2017: -$51,0212017Revenue 2018: $161,804Expenses 2018: $200,769Net Income 2018: -$38,9652018Revenue 2019: $306,445Expenses 2019: $228,660Net Income 2019: $77,7852019Revenue 2020: $387,566Expenses 2020: $298,691Net Income 2020: $88,8752020Revenue 2021: $481,831Expenses 2021: $426,745Net Income 2021: $55,0862021Revenue 2022: $873,524Expenses 2022: $795,464Net Income 2022: $78,0602022Revenue 2023: $914,966Expenses 2023: $864,686Net Income 2023: $50,2802023Revenue 2024: $928,590Expenses 2024: $922,749Net Income 2024: $5,8412024

Highlighted filing

2019

Revenue$306,445
Expenses$228,660
Net Income$77,785
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 2, 2020
Return Version
2018v3.1
Gross Receipts
$307,643
Mission and Program Overview

Mission

Inspiring minds empowers students to succeed in school and life by supporting them with trusted relationships, tutoring and mentoring from inspired community members.

To provide tutoring, mentoring and educational services to students within providence, ri.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$9,136$152,904▲ $143,768
Cash and Non-Interest-Bearing Accounts$102,729$48,177▼ $54,552
Prepaid Expenses and Deferred Charges$4,039$4,269▲ $230
Land, Buildings, and Equipment, Net$2,046$874▼ $1,172
Total Assets$117,950$206,224▲ $88,274
Liabilities
Accounts Payable and Accrued Expenses$7,274$17,763▲ $10,489
Total Liabilities$7,274$17,763▲ $10,489
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$115,006-
Unrestricted Net Assets$110,676$73,455▼ $37,221
Total Net Assets Fund Balance$110,676$188,461▲ $77,785
Total Liabilities and Net Assets / Fund Balance$117,950$206,224▲ $88,274

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$874$11,326$12,200
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Carol J YoungChairman
Dr Mary Ann Shallcross SmithBoard Member
Hugh MinorBoard Member
Kimberly BrightBoard Member
Lloyd P AlbertBoard Member
Margaret KoosaBoard Member
Richard PaoloBoard Member
Robert E Baute JrBoard Member
Mary Helldorfer-cooneySecretary
Lisa PierceTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$291,949
Program Service Revenue
$100
Investment Income
$144
Other Revenue
$14,252
All Other Contributions
$143,389
Change in Net Assets
$77,785

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table561$332,361Hourly Rates
Other Non Cash Contri Table0$2,024-
Total Noncash Contributions561$334,385-

Audited Revenue Reconciliation

Revenue per Audited Statements
$306,445
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$335,583
Total Revenue per Audited Statements
$642,028
Total Revenue per Form 990
$306,445
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$132,599
Other Expenses$96,061
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$47,727$25,273-$73,000
Other Salaries and Wages$36,737$19,453-$56,190
Fees for Services Other$17,052$9,030-$26,082
Insurance$8,790$4,654-$13,444
Occupancy$8,008$4,241-$12,249
Office Expenses$4,323$5,639-$9,962
Payroll Taxes$1,862$986-$2,848
Depreciation Depletion$766$406-$1,172
Other Employee Benefits$367$194-$561
Other Expenses$314$167-$481
Travel$196$104-$300
Total Functional Expenses$144,500$84,160$0$228,660

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$564,243
Expenses Not Reported on Form 990$335,583
Expenses per Audited Statements$228,660
Total Expenses per Form 990$228,660
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$15,450
Fundraising Direct Expenses$1,198
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Sspecial Fundraising Events$15,450$15,450$1,198$14,252
Total Events$15,450$15,450$1,198$14,252
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Form 990 is prepared by the independent accountants and reviewed by the executive director and treasurer. The form 990 is also provided to all members of the governing body before its filing.”

Form 990, Part VI, Section B, Line 15

“Inspiring minds practice is a performance evaluation and compensation ("committee"), comprised of independent board members, is formed for the purpose of researching/gathering comparable salary range data from local organization for the executive director position and other key positions, if any. The annual salary of the executive director is set after the committee has completed its performance review, responding to the executive director's written progress report on identified goals and a discussion of general performance. A letter is sent to the organizatin by the board president (chair) stating the salary decision of the committee.”

Form 990, Part VI, Section C, Line 19

“All employees are provided a copy of the conflict of interest policy. Governing documents and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Inspiring Minds
EIN
05-0310175
Phone
4012743240
Address
190 BROAD STREET NO 2ND W, PROVIDENCE, RI 02903

Signing Officer

Name
Melissa Emidy
Title
Executive Director
Phone
4012743240
Signed
2020-03-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Emidy
Formed
1963
Legal Domicile
Ri
Voting Board Members
10
Independent Board Members
10
Employees
8
Volunteers
561

Preparer

Firm
Mullen Scorpio & Cerilli
Address
67 CEDAR STREET, PROVIDENCE, RI 02903
Preparer
Arthur F Mullen
Phone
4017513860
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Professional fees: program service expenses 17,052. Management and general expenses 9,030. Fundraising expenses 0. Total expenses 26,082.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Special event expenses included on line 9b 1,198.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Special events expenses included on line 9b 1,198.”

Raw XML AppendixShowing 400 of 452 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt07274
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt017763
IRS990/AccountsReceivableGrp/BOYAmt09136
IRS990/AccountsReceivableGrp/EOYAmt0152904
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE TUTORING, MENTORING AND EDUCATIONAL SERVICES TO STUDENTS WITHIN PROVIDENCE, RI.
IRS990/AllOtherContributionsAmt0143389
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MELISSA EMIDY
IRS990/BooksInCareOfDetail/PhoneNum04012743240
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0190 BROAD STREET 2ND FLOOR WEST
IRS990/BooksInCareOfDetail/USAddress/CityNm0PROVIDENCE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002903
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0102729
IRS990/CashNonInterestBearingGrp/EOYAmt048177
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt025273
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt047727
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt073000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0291949
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0144
IRS990/CYOtherExpensesAmt096061
IRS990/CYOtherRevenueAmt014252
IRS990/CYProgramServiceRevenueAmt0100
IRS990/CYRevenuesLessExpensesAmt077785
IRS990/CYSalariesCompEmpBnftPaidAmt0132599
IRS990/CYTotalExpensesAmt0228660
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0306445
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0406
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0766
IRS990/DepreciationDepletionGrp/TotalAmt01172
IRS990/Desc0MENTORING, TUTORIAL AND EDUCATIONAL SERVICES
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt08
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0144500
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt09030
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt017052
IRS990/FeesForServicesOtherGrp/TotalAmt026082
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0CAROL J YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm1MARY HELLDORFER-COONEY
IRS990/Form990PartVIISectionAGrp/PersonNm2LISA PIERCE
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT E BAUTE JR
IRS990/Form990PartVIISectionAGrp/PersonNm4LLOYD P ALBERT
IRS990/Form990PartVIISectionAGrp/PersonNm5RICHARD PAOLO
IRS990/Form990PartVIISectionAGrp/PersonNm6KIMBERLY BRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm7MARGARET KOOSA
IRS990/Form990PartVIISectionAGrp/PersonNm8DR MARY ANN SHALLCROSS SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm9HUGH MINOR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01963
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0726
IRS990/FundraisingDirectExpensesAmt01198
IRS990/FundraisingGrossIncomeAmt015450
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt0147834
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0307643
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04654
IRS990/InsuranceGrp/ProgramServicesAmt08790
IRS990/InsuranceGrp/TotalAmt013444
IRS990/InvestmentIncomeGrp/ExclusionAmt0144
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0144
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011326
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02046
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0874
IRS990/LandBldgEquipCostOrOtherBssAmt012200
IRS990/LegalDomicileStateCd0RI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0INSPIRING MINDS EMPOWERS STUDENTS TO SUCCEED IN SCHOOL AND LIFE BY SUPPORTING THEM WITH TRUSTED RELATIONSHIPS, TUTORING AND MENTORING FROM INSPIRED COMMUNITY MEMBERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0110676
IRS990/NetAssetsOrFundBalancesEOYAmt0188461
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt014252
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt014252
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt04241
IRS990/OccupancyGrp/ProgramServicesAmt08008
IRS990/OccupancyGrp/TotalAmt012249
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05639
IRS990/OfficeExpensesGrp/ProgramServicesAmt04323
IRS990/OfficeExpensesGrp/TotalAmt09962
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0194
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0367
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0561
IRS990/OtherExpensesGrp/Desc0SUPPLIES AND MATERIALS
IRS990/OtherExpensesGrp/Desc1MEMBERSHIP DUES AND SUB
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL DEVELOPMEN
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07697
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15757
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2559
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3167
IRS990/OtherExpensesGrp/ProgramServicesAmt018358
IRS990/OtherExpensesGrp/ProgramServicesAmt1314
IRS990/OtherExpensesGrp/TotalAmt026055
IRS990/OtherExpensesGrp/TotalAmt15757
IRS990/OtherExpensesGrp/TotalAmt2559
IRS990/OtherExpensesGrp/TotalAmt3481
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt019453
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt036737
IRS990/OtherSalariesAndWagesGrp/TotalAmt056190
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0986
IRS990/PayrollTaxesGrp/ProgramServicesAmt01862
IRS990/PayrollTaxesGrp/TotalAmt02848
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04039
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04269
IRS990/PrincipalOfficerNm0MELISSA EMIDY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0TRAINING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0100
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0100
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0146305
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt07
IRS990/PYOtherExpensesAmt075914
IRS990/PYOtherRevenueAmt015261
IRS990/PYProgramServiceRevenueAmt0231
IRS990/PYRevenuesLessExpensesAmt0-38965
IRS990/PYSalariesCompEmpBnftPaidAmt0124855
IRS990/PYTotalExpensesAmt0200769
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0161804
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt077785
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0291949
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0146305
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0197140
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0219435
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0240395
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01095224
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0144
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt019689
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04408
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02121
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt026369
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0637176
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt014252
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt015261
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt013340
IRS990ScheduleA/OtherIncome170Grp/TotalAmt042853
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.82880
IRS990ScheduleA/PublicSupportPY170Pct00.83780
IRS990ScheduleA/PublicSupportTotal170Amt0965091
IRS990ScheduleA/SubstantialContributorsTotAmt0130133
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0291949
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0146305
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0197140
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0219435
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0240395
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01095224
IRS990ScheduleA/TotalSupportAmt01164446
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0334385
IRS990ScheduleD/DonatedServicesUseFcltsAmt0334385
IRS990ScheduleD/EquipmentGrp/BookValueAmt0874
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011326
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012200
IRS990ScheduleD/ExpensesNotReportedAmt0335583
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0228660
IRS990ScheduleD/OtherExpensesIncludedAmt01198
IRS990ScheduleD/OtherRevenueAmt01198
IRS990ScheduleD/RevenueNotReportedAmt0335583
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0306445
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SPECIAL EVENT EXPENSES INCLUDED ON LINE 9B 1,198.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENTS EXPENSES INCLUDED ON LINE 9B 1,198.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0874
IRS990ScheduleD/TotalExpensesPerForm990Amt0228660
IRS990ScheduleD/TotalRevenuePerForm990Amt0306445
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0642028
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0564243
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt01198
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SSPECIAL FUNDRAISING EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt015450
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt015450
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt015450
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt015450
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt014252
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01198
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01198
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt0561
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt10
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0TUTORIAL SERVICES
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1OTHER
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0HOURLY RATES
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0332361
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt12024
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PREPARED BY THE INDEPENDENT ACCOUNTANTS AND REVIEWED BY THE EXECUTIVE DIRECTOR AND TREASURER. THE FORM 990 IS ALSO PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY BEFORE ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INSPIRING MINDS PRACTICE IS A PERFORMANCE EVALUATION AND COMPENSATION ("COMMITTEE"), COMPRISED OF INDEPENDENT BOARD MEMBERS, IS FORMED FOR THE PURPOSE OF RESEARCHING/GATHERING COMPARABLE SALARY RANGE DATA FROM LOCAL ORGANIZATION FOR THE EXECUTIVE DIRECTOR POSITION AND OTHER KEY POSITIONS, IF ANY. THE ANNUAL SALARY OF THE EXECUTIVE DIRECTOR IS SET AFTER THE COMMITTEE HAS COMPLETED ITS PERFORMANCE REVIEW, RESPONDING TO THE EXECUTIVE DIRECTOR'S WRITTEN PROGRESS REPORT ON IDENTIFIED GOALS AND A DISCUSSION OF GENERAL PERFORMANCE. A LETTER IS SENT TO THE ORGANIZATIN BY THE BOARD PRESIDENT (CHAIR) STATING THE SALARY DECISION OF THE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL EMPLOYEES ARE PROVIDED A COPY OF THE CONFLICT OF INTEREST POLICY. GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 17,052. MANAGEMENT AND GENERAL EXPENSES 9,030. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,082.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0115006
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0117950
IRS990/TotalAssetsEOYAmt0206224
IRS990/TotalAssetsGrp/BOYAmt0117950
IRS990/TotalAssetsGrp/EOYAmt0206224
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0291949
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt084160
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0144500
IRS990/TotalFunctionalExpensesGrp/TotalAmt0228660
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07274
IRS990/TotalLiabilitiesEOYAmt017763
IRS990/TotalLiabilitiesGrp/BOYAmt07274
IRS990/TotalLiabilitiesGrp/EOYAmt017763
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0110676
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0188461
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0144500
IRS990/TotalProgramServiceRevenueAmt0100
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt014396
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0100
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0306445
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0561
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0117950
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0206224

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$206,224
Liabilities
$17,763
Net assets
$188,461
Revenue
$306,445
Expenses
$228,660
Net income
$77,785
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.58$0.12$0.47$0.93$0.92$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.53$0.07$0.46$0.91$0.86$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.03$0.41$0.87$0.80$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.02$0.33$0.48$0.43$0.06
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.04$0.28$0.39$0.30$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.21$0.02$0.19$0.31$0.23$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.01$0.11$0.16$0.20$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.16$0.01$0.15$0.34$0.39$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.23$0.02$0.20$0.52$0.65$0.12
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.02$0.33$0.61$0.74$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.48$0.02$0.45$0.76$0.91$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.02$0.58$0.84$0.91$0.07
2012Summary only. Only limited summary data is available for this year.$0.68$0.03$0.65$1.34$1.24$0.10
2011Summary only. Only limited summary data is available for this year.$0.61$0.07$0.54$1.31$1.18$0.13
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • <$500k nonprofits