Civic Intelligence

Mindo Futures Inc

EIN 26-3516981 • 501(c)3 • Miami, FL

Profile

Mindo futures provides impoverished students with an opportunity to advance their education by providing financial support for educational expenditures, room and board along with other life necessities.

3500 East Glencoe StreetMiami, FL 33133

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

65th percentile

0.18x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

32nd percentile

0.02x

Higher debt load relative to revenue than 32% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

48th percentile

3.4%

Higher net margin than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

95th percentile

91%

Faster asset growth than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

80th percentile

37%

Faster revenue growth than 80% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$80,400

Up $38,349 (+91%) from 2018

Liabilities

Up

$14,807

Up $7,807 (+112%) from 2018

Net Assets

Up

$65,593

Up $30,542 (+87%) from 2018

Revenue

Up

$903,741

Up $244,905 (+37%) from 2018

Expenses

Up

$873,199

Up $142,384 (+19%) from 2018

Net Income

Up

$30,542

Up $102,521 (+142%) from 2018

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2010: $22,802Liabilities 2010: $0Net Assets 2010: $22,8022010Assets 2011: $13,077Liabilities 2011: $971Net Assets 2011: $12,1062011Assets 2012: $11,316Liabilities 2012: $82Net Assets 2012: $11,2342012Assets 2013: $62,958Liabilities 2013: $40,272Net Assets 2013: $22,6862013Assets 2014: $148,499Liabilities 2014: $271Net Assets 2014: $148,2282014Assets 2015: $68,310Liabilities 2015: $368Net Assets 2015: $67,9422015Assets 2016: $89,677Liabilities 2016: $1,580Net Assets 2016: $88,0972016Assets 2017: $107,323Liabilities 2017: $293Net Assets 2017: $107,0302017Assets 2018: $42,051Liabilities 2018: $7,000Net Assets 2018: $35,0512018Assets 2019: $80,400Liabilities 2019: $14,807Net Assets 2019: $65,5932019

Highlighted filing

2019

Assets$80,400
Liabilities$14,807
Net Assets$65,593

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2010: $84,012Expenses 2010: $69,809Net Income 2010: $14,2032010Revenue 2011: $86,277Expenses 2011: $96,973Net Income 2011: -$10,6962011Revenue 2012: $198,378Expenses 2012: $199,250Net Income 2012: -$8722012Revenue 2013: $228,803Expenses 2013: $217,351Net Income 2013: $11,4522013Revenue 2014: $338,345Expenses 2014: $212,803Net Income 2014: $125,5422014Revenue 2015: $383,257Expenses 2015: $463,545Net Income 2015: -$80,2882015Revenue 2016: $332,169Expenses 2016: $312,014Net Income 2016: $20,1552016Revenue 2017: $616,431Expenses 2017: $597,498Net Income 2017: $18,9332017Revenue 2018: $658,836Expenses 2018: $730,815Net Income 2018: -$71,9792018Revenue 2019: $903,741Expenses 2019: $873,199Net Income 2019: $30,5422019

Highlighted filing

2019

Revenue$903,741
Expenses$873,199
Net Income$30,542

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 17, 2020
Return Version
2019v5.0
Gross Receipts
$1,010,101
Mission and Program Overview

Mission

Mindo futures provides impoverished students with an opportunity to advance their education by providing financial support for educational expenditures, room and board along with other life necessities.

Our mission is to empower the youth and people of mindo, ecuador and other communities globally through education, health, disaster relief programs and intitiatives, in an effort to end poverty, providing humanitarian and medical aid to those in need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$39,438$78,775▲ $39,337
Investments in Publicly Traded Securities$2,613$1,625▼ $988
Total Assets$42,051$80,400▲ $38,349
Liabilities
Other Liabilities$2,000$9,807▲ $7,807
Accounts Payable and Accrued Expenses$5,000$5,000→ $0
Total Liabilities$7,000$14,807▲ $7,807
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$35,051$65,593▲ $30,542
Total Net Assets Fund Balance$35,051$65,593▲ $30,542
Total Liabilities and Net Assets / Fund Balance$42,051$80,400▲ $38,349
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jason GaetanPresidentFT$127,400$127,400

Board Members and Trustees

NameTitle
Chael SolerDirector
Cynthia RiveraDirector
Diana VelasquezDirector
Juan SalvadorDirector
Mara LangshawDirector
Milagros ContrerasDirector
Monique BustamanteDirector
Nicky LopezDirector
Maggie CastellanosSecretary/tr
Amanda ChinVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$574,701
Program Service Revenue
$273,270
Investment Income
$559
Other Revenue
$55,211
All Other Contributions
$521,435
Change in Net Assets
$30,542
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$380,806
Other Expenses$352,002
Salaries, Compensation, and Employee Benefits$140,391
Total Fundraising Expense$30,325
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$380,806--$380,806
Travel$225,309--$225,309
Current Officers, Directors, Trustees, and Key Employees$74,040$26,280$27,080$127,400
Occupancy$22,865$23,319-$46,184
Payroll Taxes$6,213$4,707$2,071$12,991
Office Expenses$9,379$1,632-$11,011
Fees for Services Accounting$1,100$8,969-$10,069
Fees for Services Other$8,000--$8,000
Other Expenses$2,419$4,804$687$7,910
Insurance$4,693$628$487$5,808
Fees for Services Legal-$70-$70
Total Functional Expenses$745,970$96,904$30,325$873,199
International Activity

International Summary

Employees
1
Spending
$380,806

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Mindo, Quito, EcuadorProgram ServicesMiracle Program--$189,820
Mindo, Quito, EcuadorProgram ServicesHealth Program--$84,159
Mindo, Quito, EcuadorProgram ServicesBridge Program-1$71,676
BahamasDisaster ReliefDisaster Relief--$35,151
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$142,049
Fundraising Direct Expenses$106,360
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Event$195,315$142,049$106,360$35,689
Total Events$195,315$142,049$106,360$35,689
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$7,807
Due to Employee$2,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 2

Jason gaetan amanda chin president director brother

Form 990, Page 6, Part VI, Line 8B

There is no committee with authority to act on behalf of the governing body.

Form 990, Page 6, Part VI, Line 11B

Cpa discusses tax return matters throughout the tax return preparation process. Once all the information is reviewed by an authorized person, and the approval to file is given, the tax return is filed.

Form 990, Page 6, Part VI, Line 19

The information is available upon request.

Filing and Contact Details

Filer

Filer Name
Mindo Futures Inc
EIN
26-3516981
Phone
3057239833
Address
3500 EAST GLENCOE STREET, MIAMI, FL 33133

Signing Officer

Name
Jason Gaetan
Title
President
Phone
3057239833
Signed
2020-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Gaetan
Formed
2009
Legal Domicile
Fl
Voting Board Members
11
Independent Board Members
10
Employees
1
Volunteers
425

Preparer

Firm
De La Hoz Perez & Barbeito Pa
Address
304 PALERMO AVENUE, CORAL GABLES, FL 33134
Preparer
Cristina H Perez CPA
Phone
3054485585
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Our mission is to empower the youth and people of mindo, ecuador and other communities globally through education, health, disaster relief programs and intitiatives, in an effort to end poverty, providing humanitarian and medical aid to those in need.

Form 990, Page 2, Part III, Line 4A

Bridge program mindo futures provides for graduate students from uefte, who excel academically, but have no means or resources to pursue a university education once they graduate from high school. Each student needed to move to quito, ecuador to attend universities or technical schools in the capital city. Mindo futures rented two houses for the 21 students to live in while they are full-time unviersity students in the program. Mindo futures hired a house mother to oversee the students and handle all funds needed to support them and enroll the students in the appropriate preparatory programs, universities and technical schools. Beyond their formal education, mindo futures encourages the students to participate in the everyday activities of running a household. These included, but were not limited to learning to cook, maintaining a home, paying bills, and grocery shopping. These were all life skills that the majority of the students have not learned at home. Mindo futures helped each. Student develop a resume and confidence to begin to apply for jobs or internships in their field of study. This is a program designed to prepare them for life as young professionals, who can, in turn, begin to break the cycle of poverty in which they come from.

Form 990, Page 2, Part III, Line 4B

Miracles program mindo futures provided assistance in many different ways to individual students attending la unidad educative fiscomisional tecnico ecuador (uefte), a k-12 boarding school in mindo, ecuador. Having provided 110 students with scholarships to study and live in the school, which also includes the benefits of the nutrition sustainability project we began in 2018, that provides the students with nutrient filled meals on a more regular basis. Mindo futures also invested once again this year in year 3 of our 5 year literature & english language initiative. We feel this is a key educational component we have implemented that will prepare the students for a brighter future with more possibilities. Lastly, the completion of three different mission trips, which provide much needed school supplies for the students and teachers alike, as well as many infrastructure improvement projects that help the school give a modern day education to the 700 students who attend uefte. This program also provides the students with much needed clothing, shoes,hygiene items, and other basic supplies which many would otherwise not have on their own school.

Form 990, Page 2, Part III, Line 4C

Health program our health program completed its 12th annual medical mission to mindo and its surrounding areas in 2019. We were able to provide full medical attention to approximately 4,821 patients of all ages , from infants to the elderly, and all ages in between. This amounted to approximately 7,762 clinical visits during our 2019 medical mission. Through the support of our community here at home, we have been able, over the years to grow our team of medical personnel and non-medical volunteers to an average of 100-120 people per medical mission. This has allowed us to increase the number of patients seen, the boundaries of our outreach, and the complexity and scope of work we are able to do from a healthcare standpoint. With a large diversity of specialists, and more support here at home, we have been able to implement a large dental effort, hearing aids, and speech and physical therapy components to our already existing specialties offered, like pediatrics, internal medicine, cardiology, gynecology, gastroenterology, infectious disease, dermatology, orthopedics, mental health, podiatry, ent, rheumatology and a few others. In our 12th year of doing this annual medical mission to the region, we have become the singlel argest healthcare provider to the entire region. This is all thanks to the incredible and much appreciated support of so many people who make it possible.

Form 990, Page 2, Part III, Line 4D

Disaster relief: region-bahamas-mindo futures provided assistance in packaging goods to ship to the bahamas and in providing care, assistance, and distribution of goods to people in bahamas.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization has adopted the provisions of asc no 740, "accounting for uncertainty in income taxes" ("asc no 740"). Asc 740 required that the impact of tax positions to be recognized in the financial statements if they are more likely than not of being sustained upon examination. Accordingly, no provision for income taxes is made in the financial statements. At 12/31/19, there were no uncertain tax positions. The organization files tax returns with us federal and other tax authorities for which statue limitations may go back to the year ended 2016.

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IRS990/ProgSrvcAccomActy2Grp/Desc0MIRACLES PROGRAM MINDO FUTURES PROVIDED ASSISTANCE IN MANY DIFFERENT WAYS TO INDIVIDUAL STUDENTS ATTENDING LA UNIDAD EDUCATIVE FISCOMISIONAL TECNICO ECUADOR (UEFTE), A K-12 BOARDING SCHOOL IN MINDO, ECUADOR. HAVING PROVIDED 110 STUDENTS WITH SCHOLARSHIPS TO STUDY AND LIVE IN THE SCHOOL, WHICH ALSO INCLUDES THE BENEFITS OF THE NUTRITION SUSTAINABILITY PROJECT WE BEGAN IN 2018, THAT PROVIDES THE STUDENTS WITH NUTRIENT FILLED MEALS ON A MORE REGULAR BASIS. MINDO FUTURES ALSO INVESTED ONCE AGAIN THIS YEAR IN YEAR 3 OF OUR 5 YEAR LITERATURE & ENGLISH LANGUAGE INITIATIVE. WE FEEL THIS IS A KEY EDUCATIONAL COMPONENT WE HAVE IMPLEMENTED THAT WILL PREPARE THE STUDENTS FOR A BRIGHTER FUTURE WITH MORE POSSIBILITIES. LASTLY, THE COMPLETION OF THREE DIFFERENT MISSION TRIPS, WHICH PROVIDE MUCH NEEDED SCHOOL SUPPLIES FOR THE STUDENTS AND TEACHERS ALIKE, AS WELL AS MANY INFRASTRUCTURE IMPROVEMENT PROJECTS THAT HELP THE SCHOOL GIVE A MODERN DAY EDUCATION TO THE 700 STUDENTS WHO ATTEND UEFTE. THIS PROGRAM ALSO PROVIDES THE STUDENTS WITH MUCH NEEDED CLOTHING, SHOES,HYGIENE ITEMS, AND OTHER BASIC SUPPLIES WHICH MANY WOULD OTHERWISE NOT HAVE ON THEIR OWN SCHOOL.
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IRS990/ProgSrvcAccomActy3Grp/Desc0HEALTH PROGRAM OUR HEALTH PROGRAM COMPLETED ITS 12TH ANNUAL MEDICAL MISSION TO MINDO AND ITS SURROUNDING AREAS IN 2019. WE WERE ABLE TO PROVIDE FULL MEDICAL ATTENTION TO APPROXIMATELY 4,821 PATIENTS OF ALL AGES , FROM INFANTS TO THE ELDERLY, AND ALL AGES IN BETWEEN. THIS AMOUNTED TO APPROXIMATELY 7,762 CLINICAL VISITS DURING OUR 2019 MEDICAL MISSION. THROUGH THE SUPPORT OF OUR COMMUNITY HERE AT HOME, WE HAVE BEEN ABLE, OVER THE YEARS TO GROW OUR TEAM OF MEDICAL PERSONNEL AND NON-MEDICAL VOLUNTEERS TO AN AVERAGE OF 100-120 PEOPLE PER MEDICAL MISSION. THIS HAS ALLOWED US TO INCREASE THE NUMBER OF PATIENTS SEEN, THE BOUNDARIES OF OUR OUTREACH, AND THE COMPLEXITY AND SCOPE OF WORK WE ARE ABLE TO DO FROM A HEALTHCARE STANDPOINT. WITH A LARGE DIVERSITY OF SPECIALISTS, AND MORE SUPPORT HERE AT HOME, WE HAVE BEEN ABLE TO IMPLEMENT A LARGE DENTAL EFFORT, HEARING AIDS, AND SPEECH AND PHYSICAL THERAPY COMPONENTS TO OUR ALREADY EXISTING SPECIALTIES OFFERED, LIKE PEDIATRICS, INTERNAL MEDICINE, CARDIOLOGY, GYNECOLOGY, GASTROENTEROLOGY, INFECTIOUS DISEASE, DERMATOLOGY, ORTHOPEDICS, MENTAL HEALTH, PODIATRY, ENT, RHEUMATOLOGY AND A FEW OTHERS. IN OUR 12TH YEAR OF DOING THIS ANNUAL MEDICAL MISSION TO THE REGION, WE HAVE BECOME THE SINGLEL ARGEST HEALTHCARE PROVIDER TO THE ENTIRE REGION. THIS IS ALL THANKS TO THE INCREDIBLE AND MUCH APPRECIATED SUPPORT OF SO MANY PEOPLE WHO MAKE IT POSSIBLE.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0DISASTER RELIEF: REGION-BAHAMAS-MINDO FUTURES PROVIDED ASSISTANCE IN PACKAGING GOODS TO SHIP TO THE BAHAMAS AND IN PROVIDING CARE, ASSISTANCE, AND DISTRIBUTION OF GOODS TO PEOPLE IN BAHAMAS.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ASC NO 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" ("ASC NO 740"). ASC 740 REQUIRED THAT THE IMPACT OF TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. AT 12/31/19, THERE WERE NO UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES TAX RETURNS WITH US FEDERAL AND OTHER TAX AUTHORITIES FOR WHICH STATUE LIMITATIONS MAY GO BACK TO THE YEAR ENDED 2016.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0MINDO, QUITO, ECUADOR
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1MINDO, QUITO, ECUADOR
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2MINDO, QUITO, ECUADOR
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt3BAHAMAS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0BRIDGE PROGRAM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1HEALTH PROGRAM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2MIRACLE PROGRAM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt3DISASTER RELIEF
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt3DISASTER RELIEF
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IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt0SCHOOL SUPPLIES
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IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0ECUADOR
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt1ECUADOR
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt2ECUADOR
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt3BAHAMA
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0PAYMENT OF TUITION, HOUSI
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt1MEDICAL SUPPLIES AND ASSI
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt2PAYMENT FOR TUITION
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt3MEDICINE, FOOD AND SUPPLI
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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0MINDO, QUITO, ECUADOR 71,676 0 MINDO, QUITO, ECUADOR 84,159 0 MINDO, QUITO, ECUADOR 189,820 0 BAHAMAS 35,151 0
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1PART I, LINE 3, COLUMN (E): REGION: MINDO, QUITO, ECUADOR (E) SPECIFIC TYPES OF SERVICES IN REGION: BRIDGE PROGRAM- THE ORGANIZATION PROVIDES FINANCIAL SUPPORT TO GRADUATES OF UEFTE WHO HAVE EXCELED ACADEMICALLY IN ORDER FOR THEM TO PURSUE A UNIVERSITY EDUCATION IN QUITO, ECUADOR. REGION: MINDO, QUITO, ECUADOR (E) SPECIFIC TYPES OF SERVICES IN REGION: HEALTH PROGRAM- THE ORGANIZATION PROVIDES FULL MEDICAL ASSISTANCE AND MEDICAL SUPPLIES TO RESIDENTS OF THE MINDO REGION THROUGH THEIR ANNUAL MEDICAL MISSION. REGION: MINDO, QUITO, ECUADOR (E) SPECIFIC TYPES OF SERVICES IN REGION: MIRACLES PROGRAM- THE ORGANIZATION PROVIDES ASSISTANCE TO INDIVIDUAL UEFTE STUDENTS, INCLUDING BUT NOT LIMITED TO TUITION AND ROOM AND BOARD SCHOLARSHIPS, EDUCATIONAL SUPPLIES AND TUTORING, AND MEAL ASSISTANCE. IN ADDITION, ASSISTANCE IS PROVIDED TO UEFTE FOR EDUCATIONAL AND INFRASTRUCTURE IMPROVEMENTS. REGION: BAHAMAS E) SPECIFIC TYPES OF SERVICES IN REGION: DISASTER RELIEF- THE ORGANIZATION PROVIDES FULL MEDICAL ASSISTANCE AND MEDICAL SUPPLIES TO RESIDENTS OF THE BAHAMAS REGION.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 3
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE F, PAGE 5, PART V
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR MISSION IS TO EMPOWER THE YOUTH AND PEOPLE OF MINDO, ECUADOR AND OTHER COMMUNITIES GLOBALLY THROUGH EDUCATION, HEALTH, DISASTER RELIEF PROGRAMS AND INTITIATIVES, IN AN EFFORT TO END POVERTY, PROVIDING HUMANITARIAN AND MEDICAL AID TO THOSE IN NEED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BRIDGE PROGRAM MINDO FUTURES PROVIDES FOR GRADUATE STUDENTS FROM UEFTE, WHO EXCEL ACADEMICALLY, BUT HAVE NO MEANS OR RESOURCES TO PURSUE A UNIVERSITY EDUCATION ONCE THEY GRADUATE FROM HIGH SCHOOL. EACH STUDENT NEEDED TO MOVE TO QUITO, ECUADOR TO ATTEND UNIVERSITIES OR TECHNICAL SCHOOLS IN THE CAPITAL CITY. MINDO FUTURES RENTED TWO HOUSES FOR THE 21 STUDENTS TO LIVE IN WHILE THEY ARE FULL-TIME UNVIERSITY STUDENTS IN THE PROGRAM. MINDO FUTURES HIRED A HOUSE MOTHER TO OVERSEE THE STUDENTS AND HANDLE ALL FUNDS NEEDED TO SUPPORT THEM AND ENROLL THE STUDENTS IN THE APPROPRIATE PREPARATORY PROGRAMS, UNIVERSITIES AND TECHNICAL SCHOOLS. BEYOND THEIR FORMAL EDUCATION, MINDO FUTURES ENCOURAGES THE STUDENTS TO PARTICIPATE IN THE EVERYDAY ACTIVITIES OF RUNNING A HOUSEHOLD. THESE INCLUDED, BUT WERE NOT LIMITED TO LEARNING TO COOK, MAINTAINING A HOME, PAYING BILLS, AND GROCERY SHOPPING. THESE WERE ALL LIFE SKILLS THAT THE MAJORITY OF THE STUDENTS HAVE NOT LEARNED AT HOME. MINDO FUTURES HELPED EACH. STUDENT DEVELOP A RESUME AND CONFIDENCE TO BEGIN TO APPLY FOR JOBS OR INTERNSHIPS IN THEIR FIELD OF STUDY. THIS IS A PROGRAM DESIGNED TO PREPARE THEM FOR LIFE AS YOUNG PROFESSIONALS, WHO CAN, IN TURN, BEGIN TO BREAK THE CYCLE OF POVERTY IN WHICH THEY COME FROM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MIRACLES PROGRAM MINDO FUTURES PROVIDED ASSISTANCE IN MANY DIFFERENT WAYS TO INDIVIDUAL STUDENTS ATTENDING LA UNIDAD EDUCATIVE FISCOMISIONAL TECNICO ECUADOR (UEFTE), A K-12 BOARDING SCHOOL IN MINDO, ECUADOR. HAVING PROVIDED 110 STUDENTS WITH SCHOLARSHIPS TO STUDY AND LIVE IN THE SCHOOL, WHICH ALSO INCLUDES THE BENEFITS OF THE NUTRITION SUSTAINABILITY PROJECT WE BEGAN IN 2018, THAT PROVIDES THE STUDENTS WITH NUTRIENT FILLED MEALS ON A MORE REGULAR BASIS. MINDO FUTURES ALSO INVESTED ONCE AGAIN THIS YEAR IN YEAR 3 OF OUR 5 YEAR LITERATURE & ENGLISH LANGUAGE INITIATIVE. WE FEEL THIS IS A KEY EDUCATIONAL COMPONENT WE HAVE IMPLEMENTED THAT WILL PREPARE THE STUDENTS FOR A BRIGHTER FUTURE WITH MORE POSSIBILITIES. LASTLY, THE COMPLETION OF THREE DIFFERENT MISSION TRIPS, WHICH PROVIDE MUCH NEEDED SCHOOL SUPPLIES FOR THE STUDENTS AND TEACHERS ALIKE, AS WELL AS MANY INFRASTRUCTURE IMPROVEMENT PROJECTS THAT HELP THE SCHOOL GIVE A MODERN DAY EDUCATION TO THE 700 STUDENTS WHO ATTEND UEFTE. THIS PROGRAM ALSO PROVIDES THE STUDENTS WITH MUCH NEEDED CLOTHING, SHOES,HYGIENE ITEMS, AND OTHER BASIC SUPPLIES WHICH MANY WOULD OTHERWISE NOT HAVE ON THEIR OWN SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3HEALTH PROGRAM OUR HEALTH PROGRAM COMPLETED ITS 12TH ANNUAL MEDICAL MISSION TO MINDO AND ITS SURROUNDING AREAS IN 2019. WE WERE ABLE TO PROVIDE FULL MEDICAL ATTENTION TO APPROXIMATELY 4,821 PATIENTS OF ALL AGES , FROM INFANTS TO THE ELDERLY, AND ALL AGES IN BETWEEN. THIS AMOUNTED TO APPROXIMATELY 7,762 CLINICAL VISITS DURING OUR 2019 MEDICAL MISSION. THROUGH THE SUPPORT OF OUR COMMUNITY HERE AT HOME, WE HAVE BEEN ABLE, OVER THE YEARS TO GROW OUR TEAM OF MEDICAL PERSONNEL AND NON-MEDICAL VOLUNTEERS TO AN AVERAGE OF 100-120 PEOPLE PER MEDICAL MISSION. THIS HAS ALLOWED US TO INCREASE THE NUMBER OF PATIENTS SEEN, THE BOUNDARIES OF OUR OUTREACH, AND THE COMPLEXITY AND SCOPE OF WORK WE ARE ABLE TO DO FROM A HEALTHCARE STANDPOINT. WITH A LARGE DIVERSITY OF SPECIALISTS, AND MORE SUPPORT HERE AT HOME, WE HAVE BEEN ABLE TO IMPLEMENT A LARGE DENTAL EFFORT, HEARING AIDS, AND SPEECH AND PHYSICAL THERAPY COMPONENTS TO OUR ALREADY EXISTING SPECIALTIES OFFERED, LIKE PEDIATRICS, INTERNAL MEDICINE, CARDIOLOGY, GYNECOLOGY, GASTROENTEROLOGY, INFECTIOUS DISEASE, DERMATOLOGY, ORTHOPEDICS, MENTAL HEALTH, PODIATRY, ENT, RHEUMATOLOGY AND A FEW OTHERS. IN OUR 12TH YEAR OF DOING THIS ANNUAL MEDICAL MISSION TO THE REGION, WE HAVE BECOME THE SINGLEL ARGEST HEALTHCARE PROVIDER TO THE ENTIRE REGION. THIS IS ALL THANKS TO THE INCREDIBLE AND MUCH APPRECIATED SUPPORT OF SO MANY PEOPLE WHO MAKE IT POSSIBLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DISASTER RELIEF: REGION-BAHAMAS-MINDO FUTURES PROVIDED ASSISTANCE IN PACKAGING GOODS TO SHIP TO THE BAHAMAS AND IN PROVIDING CARE, ASSISTANCE, AND DISTRIBUTION OF GOODS TO PEOPLE IN BAHAMAS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5JASON GAETAN AMANDA CHIN PRESIDENT DIRECTOR BROTHER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THERE IS NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CPA DISCUSSES TAX RETURN MATTERS THROUGHOUT THE TAX RETURN PREPARATION PROCESS. ONCE ALL THE INFORMATION IS REVIEWED BY AN AUTHORIZED PERSON, AND THE APPROVAL TO FILE IS GIVEN, THE TAX RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE INFORMATION IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4B

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