Civic Intelligence

Noble Minds Inc.

990EZ • Fiscal year 2016 • EIN 46-1611872

Jul 01, 2015 to Jun 30, 2016 • Filed on May 15, 2017

5918 Chatman DriveNew Orleans, LA 70122

(504) 905-3792

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2016

Net Margin

78th percentile

22%

Higher net margin than 78% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

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

Source year 2016

Revenue Growth

Score unavailable

No value available

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

Source year 2016

Assets

$32,258

No earlier filing loaded for comparison.

Net Assets

$32,258

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$150,000

No earlier filing loaded for comparison.

Expenses

$117,742

No earlier filing loaded for comparison.

Net Income

$32,258

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.

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2016: $32,258Net Assets 2016: $32,2582016Assets 2017: $103,564Liabilities 2017: $150,000Net Assets 2017: -$46,4362017Assets 2018: $148,450Liabilities 2018: $43,971Net Assets 2018: $104,4792018Assets 2019: $133,697Liabilities 2019: $128,732Net Assets 2019: $4,9652019Assets 2020: $478,328Liabilities 2020: $230,155Net Assets 2020: $248,1732020Assets 2021: $541,216Liabilities 2021: $79,716Net Assets 2021: $461,5002021Assets 2022: $685,118Liabilities 2022: $109,671Net Assets 2022: $575,4472022Assets 2023: $1,644,870Liabilities 2023: $801,130Net Assets 2023: $843,7402023Assets 2024: $1,220,079Liabilities 2024: $287,051Net Assets 2024: $933,0282024Assets 2025: $299,005Liabilities 2025: $147,937Net Assets 2025: $151,0682025

Highlighted filing

2016

Assets$32,258
Liabilities-
Net Assets$32,258

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2016: $150,000Expenses 2016: $117,742Net Income 2016: $32,2582016Revenue 2017: $118,888Expenses 2017: $197,582Net Income 2017: -$78,6942017Revenue 2018: $1,209,329Expenses 2018: $1,135,771Net Income 2018: $73,5582018Revenue 2019: $882,113Expenses 2019: $1,037,651Net Income 2019: -$155,5382019Revenue 2020: $1,303,007Expenses 2020: $1,059,799Net Income 2020: $243,2082020Revenue 2021: $1,554,064Expenses 2021: $1,340,737Net Income 2021: $213,3272021Revenue 2022: $2,006,011Expenses 2022: $1,892,064Net Income 2022: $113,9472022Revenue 2023: $2,408,585Expenses 2023: $2,140,292Net Income 2023: $268,2932023Revenue 2024: $2,610,751Expenses 2024: $2,521,463Net Income 2024: $89,2882024Revenue 2025: $2,499,268Expenses 2025: $3,281,228Net Income 2025: -$781,9602025

Highlighted filing

2016

Revenue$150,000
Expenses$117,742
Net Income$32,258
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 15, 2017
Return Version
2015v3.0
Gross Receipts
$150,000
Mission and Program Overview

Mission

Our mission is to create an environment where students receive high quality instruction and effective personal growth strategies that will prepare them to successfully navigate the next stage of their educational journey.

Our mission is to create an environment where students receive high quality instruction and effective personal growth strategies that willprepare them to successfully navigate the next stage of their educational journey.

Program Services

DescriptionGrantsExpenses
THERE ARE FOUR MAJOR OUTCOMES THAT WE WANT FOR THE NOBLE MINDS STUDENTS. THESE FOUR OUTCOMES UTIMATELY LEAD TO ACCEPTANCE INTO, AND GRADUATION FROM, A HIGH SCHOOL OF STUDENTS' CHOICE FOLLOWED BY A SEAMLESS AND SUCESSFUL ENTRY INTO A FOUR YEAR COLLEGE OR A SUCCESSFUL CAREER PATH. 1. THEY WILL BE PREPARED TO ATTEND THE MOST ACADEMICALLY RIGOROUS SCHOOLS IN THE REGION. 2. STUDENTS WILL HAVE INCREASED THEIR EXECUTIVE FUNCTIONING SKILLS SIGNIFICANTLY BY TIME THEY EXIT NOBLE MINDS TO HEAD TO HIGH SCHOOL. 3. NOBLE MINDS STUDENTS WILL BE ABLE TO COMMUNICATE EFFECTIVELY VERBALLY AND IN WRITING WITH PEERS AND ADULTS TO EXPRESS EMOTIONS, SEEK INFORMATION, SHARE INFORMATION, TO BUILD RELATIONSHIPS AND TO DEVELOP THEIR OWN THINKING. 4. THE EXPERIENCE OF LEARNING TO BE AS SATISFYING AS THE LEARNING ITSELF.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LISA BAKALE-WISEMember-$0--
PATRICIA HAWLEYMember-$0--
TING TING RIVERSMember-$0--
GUYON LEWISMember-$0--
JAMALL STAFFORDChair-$0--
SUSAN WETWISKILead School-$0--
VERA TRIPLETTCEOFT$0--
Filing and Contact Details

Filer

Filer Name
Noble Minds Inc
EIN
46-1611872
Address
5918 CHATMAN DRIVE, NEW ORLEANS, LA 70122

Signing Officer

Name
Lisa Bakale-wise
Title
Member
Signed
2017-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Bruno & Tervalon Llp Cpas
Address
4298 ELYSIAN FIELDS AVE, NEW ORLEANS, LA 70122
Preparer
Waldo J Moret Jr
Phone
5042848733
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses 5,000 total 5,000

Form 990-ez, Part III

Our mission is to create an environment where students receive high quality instruction and effective personal growth strategies that willprepare them to successfully navigate the next stage of their educational journey.

Form 990-ez, Part III, Line 28

There are four major outcomes that we want for the noble minds students. These four outcomes utimately lead to acceptance into, and graduation from, a high school of students' choice followed by a seamless and sucessful entry into a four year college or a successful career path. 1. They will be prepared to attend the most academically rigorous schools in the region. 2. Students will have increased their executive functioning skills significantly by time they exit noble minds to head to high school. 3. Noble minds students will be able to communicate effectively verbally and in writing with peers and adults to express emotions, seek information, share information, to build relationships and to develop their own thinking. 4. The experience of learning to be as satisfying as the learning itself.

Raw XML Appendix127 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/ExplanationTxt1OUR MISSION IS TO CREATE AN ENVIRONMENT WHERE STUDENTS RECEIVE HIGH QUALITY INSTRUCTION AND EFFECTIVE PERSONAL GROWTH STRATEGIES THAT WILLPREPARE THEM TO SUCCESSFULLY NAVIGATE THE NEXT STAGE OF THEIR EDUCATIONAL JOURNEY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE ARE FOUR MAJOR OUTCOMES THAT WE WANT FOR THE NOBLE MINDS STUDENTS. THESE FOUR OUTCOMES UTIMATELY LEAD TO ACCEPTANCE INTO, AND GRADUATION FROM, A HIGH SCHOOL OF STUDENTS' CHOICE FOLLOWED BY A SEAMLESS AND SUCESSFUL ENTRY INTO A FOUR YEAR COLLEGE OR A SUCCESSFUL CAREER PATH. 1. THEY WILL BE PREPARED TO ATTEND THE MOST ACADEMICALLY RIGOROUS SCHOOLS IN THE REGION. 2. STUDENTS WILL HAVE INCREASED THEIR EXECUTIVE FUNCTIONING SKILLS SIGNIFICANTLY BY TIME THEY EXIT NOBLE MINDS TO HEAD TO HIGH SCHOOL. 3. NOBLE MINDS STUDENTS WILL BE ABLE TO COMMUNICATE EFFECTIVELY VERBALLY AND IN WRITING WITH PEERS AND ADULTS TO EXPRESS EMOTIONS, SEEK INFORMATION, SHARE INFORMATION, TO BUILD RELATIONSHIPS AND TO DEVELOP THEIR OWN THINKING. 4. THE EXPERIENCE OF LEARNING TO BE AS SATISFYING AS THE LEARNING ITSELF.
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Filings