Civic Intelligence

Kinetic Minds

990EZ • Fiscal year 2022 • EIN 38-3865648

Oct 01, 2021 to Sep 30, 2022 • Filed on Nov 28, 2022

2822 Cashwell Drive Num 101Goldsboro, NC 27534

(919) 947-0471

Siviq Scores

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

Liabilities / Assets

80th percentile

0.19x

Higher debt load relative to assets than 80% of similar nonprofits.

2022 filings • NTEE O50 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

84th percentile

0.22x

Higher debt load relative to revenue than 84% of similar nonprofits.

2022 filings • NTEE O50 • <$500k nonprofits • Source year 2022

Net Margin

96th percentile

91%

Higher net margin than 96% of similar nonprofits.

2022 filings • NTEE O50 • <$500k nonprofits • Source year 2022

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2022 filings • NTEE O50 • <$500k nonprofits • Source year 2022

Asset Growth

94th percentile

264%

Faster asset growth than 94% of similar nonprofits.

2022 filings • NTEE O50 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

5th percentile

-73%

Faster revenue growth than 5% of similar nonprofits.

2022 filings • NTEE O50 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$73,824

Up $53,570 (+264%) from 2021

Net Assets

Up

$60,103

Up $52,380 (+678%) from 2021

Liabilities

Up

$13,721

Up $1,190 (+9.5%) from 2021

Revenue

Down

$61,733

Down $166,163 (-73%) from 2021

Expenses

Down

$5,763

Down $222,782 (-97%) from 2021

Net Income

Up

$55,970

Up $56,619 (+8724%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2014: $1Liabilities 2014: $0Net Assets 2014: $02014Assets 2015: $1Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $1Liabilities 2017: $02017Assets 2018: $26,250Liabilities 2018: $0Net Assets 2018: $26,2502018Assets 2019: $24,250Liabilities 2019: $0Net Assets 2019: $24,2502019Assets 2020: $24,250Liabilities 2020: $0Net Assets 2020: $24,2502020Assets 2021: $20,254Liabilities 2021: $12,531Net Assets 2021: $7,7232021Assets 2022: $73,824Liabilities 2022: $13,721Net Assets 2022: $60,1032022Assets 2023: $95,975Liabilities 2023: $02023Assets 2024: $133,897Liabilities 2024: $0Net Assets 2024: $133,8972024

Highlighted filing

2022

Assets$73,824
Liabilities$13,721
Net Assets$60,103

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2014: $280,000Expenses 2014: $280,000Net Income 2014: $02014Revenue 2015: $278,600Expenses 2015: $278,600Net Income 2015: $02015Revenue 2016: $223,321Expenses 2016: $223,321Net Income 2016: $02016Revenue 2017: $168,147Expenses 2017: $168,147Net Income 2017: $02017Revenue 2018: $339,850Expenses 2018: $339,850Net Income 2018: $02018Revenue 2019: $336,700Expenses 2019: $336,700Net Income 2019: $02019Revenue 2020: $336,700Expenses 2020: $336,700Net Income 2020: $02020Revenue 2021: $227,896Expenses 2021: $228,545Net Income 2021: -$6492021Revenue 2022: $61,733Expenses 2022: $5,763Net Income 2022: $55,9702022Revenue 2023: $60,000Expenses 2023: $24,128Net Income 2023: $35,8722023Revenue 2024: $60,000Expenses 2024: $22,078Net Income 2024: $37,9222024

Highlighted filing

2022

Revenue$61,733
Expenses$5,763
Net Income$55,970
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Nov 28, 2022
Return Version
2021v4.0
Gross Receipts
$61,733
Mission and Program Overview

Mission

The mission of Kinetic Minds, Inc. is to promote the academic, mental, physical and social well-being of youth by engaging them in dynamic, multidisciplinary educational experiences.

Program Services

DescriptionGrantsExpenses
Kinetic Minds, Inc. operated a summer program through the Burroughs Wellcome Fund SSEP program, providing STEM opportunities for rising 5th to 9th grade students.$60,000$5,763
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Veronica CarmichaelChair-$0--
Eskabonna HendersonExecutive Director-$0--
Danice HendersonTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
KINETIC MINDS Inc
EIN
38-3865648
Phone
9199470471
Address
2822 Cashwell Drive Num 101, Goldsboro, NC 27534

Signing Officer

Name
Eskabonna Henderson
Title
Executive Director
Phone
9199470471
Signed
2022-11-28
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Bank fees $9 Harland checks $188 Background checks $43 Advertising $960 Chamber membership $401 Mailbox $144 Mobile $173 Student supplies and materials $662 Student food $341

Form 990-EZ, Part I, Line 20

-1190 additional interest accrued + -2400 vehicle depreciation

Form 990-EZ, Part II, Line 26

13,721 unsecured notes

Raw XML Appendix190 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1-1190 additional interest accrued + -2400 vehicle depreciation
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No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits