Civic Intelligence

The Mind Trust Inc.

990 • Fiscal year 2010 • EIN 20-4560286

Jan 01, 2010 to Dec 31, 2010 • Filed on Apr 26, 2011

1630 N Meridian Street46202
Siviq Scores

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

Liabilities / Assets

22nd percentile

0.01x

Higher debt load relative to assets than 22% of similar nonprofits.

2010 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$4,740,773

No earlier filing loaded for comparison.

Net Assets

$4,688,381

No earlier filing loaded for comparison.

Liabilities

$52,392

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$4,687,773

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $4,740,773Liabilities 2010: $52,392Net Assets 2010: $4,688,3812010Assets 2011: $9,385,367Liabilities 2011: $1,646,381Net Assets 2011: $7,738,9862011Assets 2012: $10,381,291Liabilities 2012: $792,776Net Assets 2012: $9,588,5152012Assets 2013: $9,879,571Liabilities 2013: $1,921,565Net Assets 2013: $7,958,0062013Assets 2014: $11,045,661Liabilities 2014: $3,510,298Net Assets 2014: $7,535,3632014Assets 2015: $11,922,845Liabilities 2015: $1,721,012Net Assets 2015: $10,201,8332015Assets 2016: $17,848,682Liabilities 2016: $309,928Net Assets 2016: $17,538,7542016Assets 2017: $17,008,837Liabilities 2017: $472,557Net Assets 2017: $16,536,2802017Assets 2018: $11,028,570Liabilities 2018: $314,603Net Assets 2018: $10,713,9672018Assets 2019: $16,859,815Liabilities 2019: $560,443Net Assets 2019: $16,299,3722019Assets 2020: $22,651,490Liabilities 2020: $973,690Net Assets 2020: $21,677,8002020Assets 2021: $28,455,192Liabilities 2021: $2,626,079Net Assets 2021: $25,829,1132021Assets 2022: $18,983,816Liabilities 2022: $1,958,140Net Assets 2022: $17,025,6762022Assets 2023: $26,440,445Liabilities 2023: $1,244,620Net Assets 2023: $25,195,8252023Assets 2024: $34,049,326Liabilities 2024: $2,642,074Net Assets 2024: $31,407,2522024Assets 2025: $58,731,314Liabilities 2025: $4,295,653Net Assets 2025: $54,435,6612025

Highlighted filing

2010

Assets$4,740,773
Liabilities$52,392
Net Assets$4,688,381

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2010: $4,687,7732010Revenue 2011: $9,730,804Expenses 2011: $6,680,199Net Income 2011: $3,050,6052011Revenue 2012: $5,942,355Expenses 2012: $4,092,826Net Income 2012: $1,849,5292012Revenue 2013: $6,975,901Expenses 2013: $8,606,410Net Income 2013: -$1,630,5092013Revenue 2014: $6,765,539Expenses 2014: $7,188,182Net Income 2014: -$422,6432014Revenue 2015: $6,994,511Expenses 2015: $4,328,041Net Income 2015: $2,666,4702015Revenue 2016: $14,265,948Expenses 2016: $6,929,027Net Income 2016: $7,336,9212016Revenue 2017: $5,361,562Expenses 2017: $6,364,036Net Income 2017: -$1,002,4742017Revenue 2018: $6,081,239Expenses 2018: $11,903,552Net Income 2018: -$5,822,3132018Revenue 2019: $21,801,322Expenses 2019: $16,215,917Net Income 2019: $5,585,4052019Revenue 2020: $20,265,397Expenses 2020: $14,886,969Net Income 2020: $5,378,4282020Revenue 2021: $26,157,589Expenses 2021: $22,006,276Net Income 2021: $4,151,3132021Revenue 2022: $10,830,656Expenses 2022: $19,634,093Net Income 2022: -$8,803,4372022Revenue 2023: $29,881,369Expenses 2023: $21,711,220Net Income 2023: $8,170,1492023Revenue 2024: $49,302,138Expenses 2024: $43,542,749Net Income 2024: $5,759,3892024Revenue 2025: $57,932,587Expenses 2025: $35,611,037Net Income 2025: $22,321,5502025

Highlighted filing

2010

Revenue-
Expenses$4,687,773
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Apr 26, 2011
Return Version
2010v3.2
Gross Receipts
$3,909,817
Mission and Program Overview

Mission

The mind trust executes three core strategies: growing high quality schools; investing in world-class talent and supporting schools to succeed; and engaging the community and advancing policy. The mind trust operates a pair of unique school incubators-the innovation school fellowship and charter school fellowship to entice talented leaders to launch high quality public schools in indianapolis. Through its third incubator, the education entrepreneur fellowship, the mind trust attracts social innovators to indianapolis to launch break the mold nonprofits that provide great schools with critical supports. The mind trust works closely with its partners to cultivate the landscape needed for schools to thrive through community engagement and public policy/thought leadership efforts. The mind trust is a funding intermediary and local champion for entrepreneurial education ventures.

Filing and Contact Details

Filer

EIN
20-4560286
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IRS990ScheduleD/ExpensesSubtotal04687773
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0The Mind Trust provides its Fellows with funding
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation1for their compensation and benefits. If Fellows
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0Pt IV Line 1b
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier1Pt IV Line 2b
IRS990ScheduleD/IncludedOnFS0false
IRS990ScheduleD/RevenueNotRptdF99006249
IRS990ScheduleD/RevenueSubtotal03909817
IRS990ScheduleD/TotalExpenses04687773
IRS990ScheduleD/TotalExpensesPerForm99004687773
IRS990ScheduleD/TotalOfBookValueLandBuildings012014
IRS990ScheduleD/TotalRevenue03909817
IRS990ScheduleD/TotalRevenuePerForm99003909817
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt04694022
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt03916066
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0The Grant is provided by The Mind Trust to assist Teach for America (TFA) in
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation1furthering its educational and charitable purposes under Code section
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation2501 (c)(3). Specifically, the grant is intended to assist TFA in operating
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation3its TFA-Indianapolis site, and support TFA's Indianapolis Principal
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation4Fellowship program.
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation5The Grant is provided by the Mind Trust to assist The New Teacher Project
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation6(TNTP)in furthering its educational and charitable purposes under Code
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation7section 501(c)(3). Specifically, The Mind Trust seeks to assist TNTP
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation8in administering and managing its Indianapolis Teaching Fellows program
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation9which selects and places new teachers in Indianapolis Public Schools,
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation10Marion County public school districts, and Indianapolis charter schools.
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation11The Grant is provided by The Mind Trust to assist Teach Plus in furthering
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation12its educational and charitable purposes under Code section 501(c)(3).
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation13Specifically the Mind Trust seeks to assist Teach Plus in administering

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$58.7$4.30$54.4$57.9$35.6$22.3
2024Detailed filing. Detailed filing data is available for this year.$34.0$2.64$31.4$49.3$43.5$5.76
2023Detailed filing. Detailed filing data is available for this year.$26.4$1.24$25.2$29.9$21.7$8.17
2022Detailed filing. Detailed filing data is available for this year.$19.0$1.96$17.0$10.8$19.6$8.80
2021Detailed filing. Detailed filing data is available for this year.$28.5$2.63$25.8$26.2$22.0$4.15
2020Detailed filing. Detailed filing data is available for this year.$22.7$0.97$21.7$20.3$14.9$5.38
2019Summary only. Only limited summary data is available for this year.$16.9$0.56$16.3$21.8$16.2$5.59
2018Detailed filing. Detailed filing data is available for this year.$11.0$0.31$10.7$6.08$11.9$5.82
2017Summary only. Only limited summary data is available for this year.$17.0$0.47$16.5$5.36$6.36$1.00
2016Summary only. Only limited summary data is available for this year.$17.8$0.31$17.5$14.3$6.93$7.34
2015Summary only. Only limited summary data is available for this year.$11.9$1.72$10.2$6.99$4.33$2.67
2014Summary only. Only limited summary data is available for this year.$11.0$3.51$7.54$6.77$7.19$0.42
2013Summary only. Only limited summary data is available for this year.$9.88$1.92$7.96$6.98$8.61$1.63
2012Summary only. Only limited summary data is available for this year.$10.4$0.79$9.59$5.94$4.09$1.85
2011Summary only. Only limited summary data is available for this year.$9.39$1.65$7.74$9.73$6.68$3.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.74$0.05$4.69$4.69