Civic Intelligence

Feed the Mind Inc

990 • Fiscal year 2015 • EIN 46-4660042

Jan 01, 2015 to Dec 31, 2015 • Filed on Mar 24, 2016

5090 South Highway 27Somerset, KY 42501

(877) 829-5500

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

38th percentile

-0.9%

Higher net margin than 38% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

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.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

10th percentile

-46%

Faster asset growth than 10% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

49th percentile

0.4%

Faster revenue growth than 49% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,019

Down $853 (-46%) from 2014

Net Assets

Down

$1,019

Down $853 (-46%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$98,793

Up $360 (+0.4%) from 2014

Expenses

Up

$99,646

Up $3,085 (+3.2%) from 2014

Net Income

Down

-$853

Down $2,725 (-146%) from 2014

Historical Trend

Balance Sheet Trend

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

$15K$10K$5.0K$0Assets 2014: $1,872Liabilities 2014: $0Net Assets 2014: $1,8722014Assets 2015: $1,019Liabilities 2015: $0Net Assets 2015: $1,0192015Assets 2016: $2,539Liabilities 2016: $0Net Assets 2016: $2,5392016Assets 2017: $11,225Liabilities 2017: $0Net Assets 2017: $11,2252017

Highlighted filing

2015

Assets$1,019
Liabilities$0
Net Assets$1,019

Operations Trend

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

$100K$50K$0-$50KRevenue 2014: $98,433Expenses 2014: $96,561Net Income 2014: $1,8722014Revenue 2015: $98,793Expenses 2015: $99,646Net Income 2015: -$8532015Revenue 2016: $25,096Expenses 2016: $23,576Net Income 2016: $1,5202016Revenue 2017: $55,955Expenses 2017: $47,269Net Income 2017: $8,6862017

Highlighted filing

2015

Revenue$98,793
Expenses$99,646
Net Income-$853
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Mar 24, 2016
Return Version
2015v2.1
Gross Receipts
$98,793
Mission and Program Overview

Mission

Promote literacy and education by the distribution of free books to elementary school students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,872$1,019▼ $853
Total Assets$1,872$1,019▼ $853
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,872$1,019▼ $853
Total Net Assets Fund Balance$1,872$1,019▼ $853
Total Liabilities and Net Assets / Fund Balance$1,872$1,019▼ $853
Compensation and Service Providers

Board Members and Trustees

NameTitle
Charles ColdironDirector
Melissa TiptonDirector
Reza TimajiDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$98,793
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$85,703
Change in Net Assets
$-853
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$99,646
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$10,017--$10,017
Other Expenses$7,990--$7,990
Total Functional Expenses$99,646$0$0$99,646
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
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 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Feed the Mind Inc
EIN
46-4660042
Address
5090 SOUTH HIGHWAY 27, SOMERSET, KY 42501

Signing Officer

Name
Charles Coldiron
Title
Director
Signed
2016-03-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Coldiron
Formed
2014
Legal Domicile
Ky
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Evans Harville Atwell & Co Cpas Pllc
Address
PO BOX 1309, SOMERSET, KY 42502-1304
Preparer
Seth F Atwell CPA
Phone
6066795090
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Promotions 6,605 0 0 contributions 2,500 0 0 insurance 912 0 0

Raw XML Appendix248 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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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
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IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02014
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IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt098793
IRS990/GroupReturnForAffiliatesInd0false
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IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
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IRS990/IRPDocumentCnt00
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IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01872
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IRS990/NoListedPersonsCompensatedInd0X
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02016-09-27 15:27:22Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02016-03-24
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ReturnHeader/Filer/BusinessNameControlTxt0FEED
ReturnHeader/Filer/EIN0464660042
ReturnHeader/Filer/USAddress/AddressLine1Txt05090 SOUTH HIGHWAY 27
ReturnHeader/Filer/USAddress/CityNm0SOMERSET
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1309
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SOMERSET
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ReturnHeader/PreparerPersonGrp/PhoneNum06066795090
ReturnHeader/PreparerPersonGrp/PreparationDt02016-03-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SETH F ATWELL CPA
ReturnHeader/ReturnTs02016-03-24T14:49:03-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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