Civic Intelligence

Sound Mind Sound Body Foundation

EIN 47-3868584 • 501(c)3 • Detroit, MI

Profile

To aid inner city youth via mentoring and various youth-oriented programs, youth and adult healthy living initiatives, and youth-oriented community based programs.

5575 Conner Suite 205Detroit, MI 48213

www.sbsmacademy.com

Siviq Scores

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

Liabilities / Assets

98th percentile

2.36x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

79th percentile

0.42x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

15th percentile

-19%

Higher net margin than 15% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

20th percentile

-7.1%

Faster asset growth than 20% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

28th percentile

-5.2%

Faster revenue growth than 28% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$214,928

Down $16,373 (-7.1%) from 2022

Liabilities

Up

$506,742

Up $208,782 (+70%) from 2022

Net Assets

Down

-$291,814

Down $225,155 (-338%) from 2022

Revenue

Down

$1,205,476

Down $93,818 (-7.2%) from 2022

Expenses

Up

$1,430,631

Up $96,243 (+7.2%) from 2022

Net Income

Down

-$225,155

Down $190,061 (-542%) from 2022

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0-$200K-$400KAssets 2015: $288Liabilities 2015: $0Net Assets 2015: $2882015Assets 2016: $94Liabilities 2016: $0Net Assets 2016: $942016Assets 2017: $12,603Liabilities 2017: $0Net Assets 2017: $12,6032017Assets 2018: $14,452Liabilities 2018: $0Net Assets 2018: $14,4522018Assets 2019: $22,266Liabilities 2019: $0Net Assets 2019: $22,2662019Assets 2020: $24,632Liabilities 2020: $169,950Net Assets 2020: -$145,3182020Assets 2021: $236,453Liabilities 2021: $268,018Net Assets 2021: -$31,5652021Assets 2022: $231,301Liabilities 2022: $297,960Net Assets 2022: -$66,6592022Assets 2023: $214,928Liabilities 2023: $506,742Net Assets 2023: -$291,8142023

Highlighted filing

2023

Assets$214,928
Liabilities$506,742
Net Assets-$291,814

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $1,200Expenses 2015: $912Net Income 2015: $2882015Revenue 2016: $181,234Expenses 2016: $181,428Net Income 2016: -$1942016Revenue 2017: $89,460Expenses 2017: $76,951Net Income 2017: $12,5092017Revenue 2018: $211,927Expenses 2018: $209,844Net Income 2018: $2,0832018Revenue 2019: $222,092Expenses 2019: $214,278Net Income 2019: $7,8142019Revenue 2020: $120,955Expenses 2020: $288,539Net Income 2020: -$167,5842020Revenue 2021: $788,934Expenses 2021: $675,182Net Income 2021: $113,7522021Revenue 2022: $1,299,294Expenses 2022: $1,334,388Net Income 2022: -$35,0942022Revenue 2023: $1,205,476Expenses 2023: $1,430,631Net Income 2023: -$225,1552023

Highlighted filing

2023

Revenue$1,205,476
Expenses$1,430,631
Net Income-$225,155

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 24, 2024
Return Version
2023v5.0
Gross Receipts
$1,205,476
Mission and Program Overview

Mission

To aid inner city youth via mentoring and various youth-oriented programs, youth and adult healthy living initiatives, and youth-oriented community based organizations

To aid inner city youth via mentoring and various youth-oriented programs, youth and adult healthy living initiatives, and youth-oriented community based programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$231,301$160,114▼ $71,187
Land, Buildings, and Equipment, Net-$54,814-
Total Assets$231,301$214,928▼ $16,373
Liabilities
Mortgage Notes Payable Secured by Investment Property$258,079$397,559▲ $139,480
Accounts Payable and Accrued Expenses$39,881$109,183▲ $69,302
Total Liabilities$297,960$506,742▲ $208,782
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-66,659$-291,814▼ $225,155
Total Net Assets Fund Balance$-66,659$-291,814▼ $225,155
Total Liabilities and Net Assets / Fund Balance$231,301$214,928▼ $16,373

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$54,814$6,090$60,904
Compensation and Service Providers

Board Members and Trustees

NameTitle
Curtis Blackwell IiPresident
Abdullah MuhammadBoard Member
Dr Cecil ForbesBoard Member
Dr Latoya ThompsonBoard Member
Francine Whu-muhammadBoard Member
Keyonta WilsonBoard Member
Michelle FranklinBoard Member
Tamone MartinBoard Member
Turquoise NealBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$780,449
Program Service Revenue
$425,027
Investment Income
$0
Other Revenue
$0
All Other Contributions
$516,449
Change in Net Assets
$-225,155
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,109,196
Salaries, Compensation, and Employee Benefits$321,435
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$260,363$28,929-$289,292
Travel$146,081$25,779-$171,860
Information Technology$86,825--$86,825
All Other Expenses$44,801$37,720-$82,521
Fees for Services Other$34,262$3,807-$38,069
Other Expenses$33,485$42,500-$33,485
Payroll Taxes$28,929$3,214-$32,143
Occupancy$15,690--$15,690
Interest-$12,715-$12,715
Office Expenses$9,086$3,169-$12,255
Depreciation Depletion$5,176$914-$6,090
Insurance-$1,755-$1,755
Advertising$644--$644
Total Functional Expenses$1,270,129$160,502$0$1,430,631
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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 11B

Sound mind sound body foundation shall submit the form 990 or 990-ez to its board of directors prior to the filing of the form. While neither the approval of the form 990(ez) or a review of the 990(ez) is required under federal law, the corporation's form 990(ez) shall be submitted to each member of the board of director's via (hard copy or email) at least 10 days before the form 990(ez) is filed with the irs.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Sound Mind Sound Body Foundation
EIN
47-3868584
Phone
3134699938
Address
5575 CONNER SUITE 205, DETROIT, MI 48213

Signing Officer

Name
Curtis Blackwell Ii
Title
President
Phone
3134699938
Signed
2024-06-24

Organization Details

Principal Officer
Curtis Blackwell Ii
Formed
2015
Legal Domicile
Mi
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
Jason F Clausen Pc
Address
16650 15 MILE RD, FRASER, MI 48026
Preparer
Jason F Clausen
Phone
5862164673
Supplemental Narrative

Additional Explanations

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

In 2023, the sound mind sound body foundation successfully conducted the largest out-of-school time program in metro detroit, reaching over 7,000 students. The program focused on college readiness and included a youth sports league, a 7v7 travel team, and a united states readiness program across two school districts. We hosted events that included national attendees and government officials. Some of our noteworthy achievements in 2023 are as follows: over 100 students who attended our college recruitment events earned scholarship offers. More than 800 volunteers provided 300 hours of service. The u.s. Department of education talent search program exceeded the national annual performance rates, increasing student persistence rates, post-secondary enrollment, and rigorous studies. This program serves 500 students annually. We collected over 3,000 student report cards in the smsb ost grade monitoring program. We organized metro detroit's largest high school parent enrichment seminar, attended by over 400 parents. One hundred smsb student-athletes received college tour access, tutoring, travel and recruitment exposure, position training, and college readiness courses. We mentored over 3,600 students successfully. We provided over 100 free books to support our kaplan sat prep academy students. We operated the sound mind sound body youth league consisting of over 3,000 metro-detroit student-athletes. Youth teams won national recognition. We collaborated with the fellowship of christian athletes and 3d institute to offer a development training program to over 1,000 volunteers. We serviced 500 talent search students in three school districts through funding from the u.s. Department of education. The michigan department of education awarded us a 2.4 million ost state of michigan grant.

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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt054814
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06090
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt060904
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IN 2023, THE SOUND MIND SOUND BODY FOUNDATION SUCCESSFULLY CONDUCTED THE LARGEST OUT-OF-SCHOOL TIME PROGRAM IN METRO DETROIT, REACHING OVER 7,000 STUDENTS. THE PROGRAM FOCUSED ON COLLEGE READINESS AND INCLUDED A YOUTH SPORTS LEAGUE, A 7V7 TRAVEL TEAM, AND A UNITED STATES READINESS PROGRAM ACROSS TWO SCHOOL DISTRICTS. WE HOSTED EVENTS THAT INCLUDED NATIONAL ATTENDEES AND GOVERNMENT OFFICIALS. SOME OF OUR NOTEWORTHY ACHIEVEMENTS IN 2023 ARE AS FOLLOWS: OVER 100 STUDENTS WHO ATTENDED OUR COLLEGE RECRUITMENT EVENTS EARNED SCHOLARSHIP OFFERS. MORE THAN 800 VOLUNTEERS PROVIDED 300 HOURS OF SERVICE. THE U.S. DEPARTMENT OF EDUCATION TALENT SEARCH PROGRAM EXCEEDED THE NATIONAL ANNUAL PERFORMANCE RATES, INCREASING STUDENT PERSISTENCE RATES, POST-SECONDARY ENROLLMENT, AND RIGOROUS STUDIES. THIS PROGRAM SERVES 500 STUDENTS ANNUALLY. WE COLLECTED OVER 3,000 STUDENT REPORT CARDS IN THE SMSB OST GRADE MONITORING PROGRAM. WE ORGANIZED METRO DETROIT'S LARGEST HIGH SCHOOL PARENT ENRICHMENT SEMINAR, ATTENDED BY OVER 400 PARENTS. ONE HUNDRED SMSB STUDENT-ATHLETES RECEIVED COLLEGE TOUR ACCESS, TUTORING, TRAVEL AND RECRUITMENT EXPOSURE, POSITION TRAINING, AND COLLEGE READINESS COURSES. WE MENTORED OVER 3,600 STUDENTS SUCCESSFULLY. WE PROVIDED OVER 100 FREE BOOKS TO SUPPORT OUR KAPLAN SAT PREP ACADEMY STUDENTS. WE OPERATED THE SOUND MIND SOUND BODY YOUTH LEAGUE CONSISTING OF OVER 3,000 METRO-DETROIT STUDENT-ATHLETES. YOUTH TEAMS WON NATIONAL RECOGNITION. WE COLLABORATED WITH THE FELLOWSHIP OF CHRISTIAN ATHLETES AND 3D INSTITUTE TO OFFER A DEVELOPMENT TRAINING PROGRAM TO OVER 1,000 VOLUNTEERS. WE SERVICED 500 TALENT SEARCH STUDENTS IN THREE SCHOOL DISTRICTS THROUGH FUNDING FROM THE U.S. DEPARTMENT OF EDUCATION. THE MICHIGAN DEPARTMENT OF EDUCATION AWARDED US A 2.4 MILLION OST STATE OF MICHIGAN GRANT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SOUND MIND SOUND BODY FOUNDATION SHALL SUBMIT THE FORM 990 OR 990-EZ TO ITS BOARD OF DIRECTORS PRIOR TO THE FILING OF THE FORM. WHILE NEITHER THE APPROVAL OF THE FORM 990(EZ) OR A REVIEW OF THE 990(EZ) IS REQUIRED UNDER FEDERAL LAW, THE CORPORATION'S FORM 990(EZ) SHALL BE SUBMITTED TO EACH MEMBER OF THE BOARD OF DIRECTOR'S VIA (HARD COPY OR EMAIL) AT LEAST 10 DAYS BEFORE THE FORM 990(EZ) IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalLiabilitiesGrp/EOYAmt0506742
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-66659
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IRS990/WebsiteAddressTxt0WWW.SMSBACADEMY.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CURTIS BLACKWELL II
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03134699938
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-06-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUND MIND SOUND BODY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SOUN
ReturnHeader/Filer/EIN0473868584
ReturnHeader/Filer/PhoneNum03134699938
ReturnHeader/Filer/USAddress/AddressLine1Txt05575 CONNER SUITE 205
ReturnHeader/Filer/USAddress/CityNm0DETROIT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0274097479
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JASON F CLAUSEN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016650 15 MILE RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FRASER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048026
ReturnHeader/PreparerPersonGrp/PhoneNum05862164673
ReturnHeader/PreparerPersonGrp/PreparationDt02024-06-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JASON F CLAUSEN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-07-11T13:05:23-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CURTIS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BLACKWELL
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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