Civic Intelligence

Minds Matter of Seattle Inc

EIN 46-3036059 • 501(c)3 • Seattle, WA

Profile

Minds Matter of Seattle, Inc. is a not-for-profit organization that is dedicated to transforming the lives of accomplished high school students from low income families by broadening their dreams and preparing them for college success.

515 NW 43rd StreetSeattle, WA 98121

mindsmatterseattle.org

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

51st percentile

4.8%

Higher net margin than 51% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

85th percentile

$94,765

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 32.8% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

62nd percentile

8.6%

Faster asset growth than 62% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Revenue Growth

77th percentile

36%

Faster revenue growth than 77% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$447,228

Up $52,135 (+13%) from 2021

Liabilities

Up

$15,721

Up $12,720 (+424%) from 2021

Net Assets

Up

$431,507

Up $39,415 (+10%) from 2021

Operations
Liabilities / Revenue35th percentileNet Margin51st percentile

Revenue

Down

$155,439

Down $65,543 (-30%) from 2021

Expenses

Up

$116,024

Up $24,177 (+26%) from 2021

Net Income

Down

$39,415

Down $89,720 (-69%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth62nd percentile

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

$600K$400K$200K$0Assets 2016: $55,349Net Assets 2016: $55,3492016Assets 2017: $104,224Liabilities 2017: $12,0002017Assets 2018: $129,991Liabilities 2018: $1,333Net Assets 2018: $128,6582018Assets 2019: $244,644Liabilities 2019: $850Net Assets 2019: $243,7942019Assets 2020: $263,113Liabilities 2020: $156Net Assets 2020: $262,9572020Assets 2021: $395,093Liabilities 2021: $3,001Net Assets 2021: $392,0922021Assets 2022: $447,228Liabilities 2022: $15,721Net Assets 2022: $431,5072022

Highlighted filing

2022

Assets$447,228
Liabilities$15,721
Net Assets$431,507
Open 2022 Filing

Operations Trend

Revenue Growth77th percentile

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

$300K$200K$100K$0Revenue 2016: $70,290Expenses 2016: $36,699Net Income 2016: $33,5912016Revenue 2017: $110,487Expenses 2017: $73,612Net Income 2017: $36,8752017Revenue 2018: $93,699Expenses 2018: $57,265Net Income 2018: $36,4342018Revenue 2019: $177,900Expenses 2019: $62,764Net Income 2019: $115,1362019Revenue 2020: $95,470Expenses 2020: $76,307Net Income 2020: $19,1632020Revenue 2021: $220,982Expenses 2021: $91,847Net Income 2021: $129,1352021Revenue 2022: $155,439Expenses 2022: $116,024Net Income 2022: $39,4152022

Highlighted filing

2022

Revenue$155,439
Expenses$116,024
Net Income$39,415
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$447,228
Liabilities
$15,721
Net assets
$431,507
Revenue
$155,439
Expenses
$116,024
Net income
$39,415
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.47$0.16$4.32$1.55$1.16$0.39
2021Summary only. Only limited summary data is available for this year.$3.95$0.03$3.92$2.21$0.92$1.29
2020Detailed filing. Detailed filing data is available for this year.$2.63$0.00$2.63$0.95$0.76$0.19
2019Detailed filing. Detailed filing data is available for this year.$2.45$0.01$2.44$1.78$0.63$1.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$0.01$1.29$0.94$0.57$0.36
2017Summary only. Only limited summary data is available for this year.$1.04$0.12$1.10$0.74$0.37
2016Detailed filing. Detailed filing data is available for this year.$0.55$0.55$0.70$0.37$0.34
Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 14, 2021
Return Version
2019v5.0
Gross Receipts
$95,470
Mission and Program Overview

Mission

Minds Matter of Seattle, Inc. is a not-for-profit organization that is dedicated to transforming the lives of accomplished high school students from low income families by broadening their dreams and preparing them for college success.

Program Services

DescriptionGrantsExpenses
Minds Matter of Seattle, Inc. is a not-for-profit organization that is dedicated to transforming the lives of accomplished high school students from low-income families by broadening their dreams and preparing them for college success.$66,060-
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steven KernChair-$0--
Nicole ArroyoVice Chair-$0--
Ken BugayongTreasurer-$0--
Sara BakerDirector-$0--
Forrest CollmanDirector-$0--
Tully McGowanDirector-$0--
Scott PritchardDirector-$0--
Ruchi SinghDirector-$0--
Sonali TamhankarDirector-$0--
Melissa HendershottDirector-$0--
Filing and Contact Details

Filer

Filer Name
Minds Matter of Seattle Inc
EIN
46-3036059
Phone
8576000536
Address
515 NW 43rd Street, Seattle, WA 98121

Signing Officer

Name
Ken Bugayong
Title
Treasurer
Signed
2021-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Schall & Ashenfarb Cpas
Address
307 5th Ave 15th Floor, NEW YORK, NY 10016
Preparer
Michael Schall
Phone
2122682800
Supplemental Narrative

Additional Explanations

Other Revenue.1

“Other revenue $2398”

Other Expenses.1002

“Office Expenses $5375”

Other Expenses.1

“Summer program expenses $26960”

Other Expenses.2

“Senior program expenses $15000”

Other Expenses.3

“Meals and Entertainment $8585”

Other Expenses.4

“Mentoring and volunteer traini $6850”

Other Expenses.5

“License fees $6813”

Other Expenses.6

“Student supplies $6724”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $850 Accounts Payable and Accrued Expenses - Ending $156”

Raw XML Appendix188 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
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Seattle
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd098121
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IRS990EZ/ExcessOrDeficitForYearAmt019163
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Steven Kern
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Nicole Arroyo
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Ken Bugayong
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Sara Baker
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Forrest Collman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Tully McGowan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Scott Pritchard
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Ruchi Singh
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Sonali Tamhankar
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Melissa Hendershott
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt076307
IRS990EZ/OtherRevenueTotalAmt02398
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Minds Matter of Seattle, Inc. is a not-for-profit organization that is dedicated to transforming the lives of accomplished high school students from low income families by broadening their dreams and preparing them for college success.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Minds Matter of Seattle, Inc. is a not-for-profit organization that is dedicated to transforming the lives of accomplished high school students from low-income families by broadening their dreams and preparing them for college success.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt066060
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0850
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0156
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt076307
IRS990EZ/TotalProgramServiceExpensesAmt066060
IRS990EZ/TotalRevenueAmt095470
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0mindsmatterseattle.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt093010
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0177211
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt082254
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0110211
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt069162
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0531848
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt062
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0689
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0121
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0276
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01128
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02276
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.74520
IRS990ScheduleA/PublicSupportPY170Pct00.76660
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IRS990ScheduleA/SubstantialContributorsTotAmt0133800
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt069162
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0531848
IRS990ScheduleA/TotalSupportAmt0534124
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Other revenue $2398
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $5375
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Summer program expenses $26960
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Senior program expenses $15000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Meals and Entertainment $8585
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Mentoring and volunteer traini $6850
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6License fees $6813
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Student supplies $6724
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Accounts Payable and Accrued Expenses - Beginning $850 Accounts Payable and Accrued Expenses - Ending $156
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.1001
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Ken Bugayong
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Minds Matter of Seattle Inc
ReturnHeader/Filer/BusinessNameControlTxt0MIND
ReturnHeader/Filer/EIN0463036059
ReturnHeader/Filer/PhoneNum08576000536
ReturnHeader/Filer/USAddress/AddressLine1Txt0515 NW 43rd Street
ReturnHeader/Filer/USAddress/CityNm0Seattle
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098121
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0134036703
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHALL & ASHENFARB CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0307 5th Ave 15th Floor
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010016
ReturnHeader/PreparerPersonGrp/PhoneNum02122682800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael Schall
ReturnHeader/ReturnTs02021-05-14T05:44:54-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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