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990 • Fiscal year 2021 • EIN 47-4615131

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

455 S Pierce StLakewood, CO 80226

(303) 963-5390

Siviq Scores

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

Liabilities / Assets

60th percentile

0.14x

Higher debt load relative to assets than 60% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

76th percentile

0.38x

Higher debt load relative to revenue than 76% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

2nd percentile

-149%

Higher net margin than 2% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

2nd percentile

-32%

Faster asset growth than 2% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

52nd percentile

14%

Faster revenue growth than 52% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$4,593,245

Down $2,124,746 (-32%) from 2020

Net Assets

Down

$3,972,651

Down $2,108,067 (-35%) from 2020

Liabilities

Down

$620,594

Down $16,679 (-2.6%) from 2020

Revenue

Up

$1,653,854

Up $198,843 (+14%) from 2020

Expenses

Up

$4,118,988

Up $634,441 (+18%) from 2020

Net Income

Down

-$2,465,134

Down $435,598 (-21%) from 2020

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2015: $376,671Liabilities 2015: $19,020Net Assets 2015: $357,6512015Assets 2016: $762,968Liabilities 2016: $45,174Net Assets 2016: $717,7942016Assets 2018: $10,040,352Liabilities 2018: $373,152Net Assets 2018: $9,667,2002018Assets 2019: $8,889,274Liabilities 2019: $630,151Net Assets 2019: $8,259,1232019Assets 2020: $6,717,991Liabilities 2020: $637,273Net Assets 2020: $6,080,7182020Assets 2021: $4,593,245Liabilities 2021: $620,594Net Assets 2021: $3,972,6512021Assets 2022: $2,552,082Liabilities 2022: $907,752Net Assets 2022: $1,644,3302022Assets 2023: $732,175Liabilities 2023: $254,423Net Assets 2023: $477,7522023Assets 2024: $1,013,456Liabilities 2024: $574,801Net Assets 2024: $438,6552024

Highlighted filing

2021

Assets$4,593,245
Liabilities$620,594
Net Assets$3,972,651

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2015: $502,690Expenses 2015: $145,039Net Income 2015: $357,6512015Revenue 2016: $1,916,662Expenses 2016: $1,556,520Net Income 2016: $360,1422016Revenue 2018: $12,681,217Expenses 2018: $3,434,438Net Income 2018: $9,246,7792018Revenue 2019: $2,218,977Expenses 2019: $3,780,051Net Income 2019: -$1,561,0742019Revenue 2020: $1,455,011Expenses 2020: $3,484,547Net Income 2020: -$2,029,5362020Revenue 2021: $1,653,854Expenses 2021: $4,118,988Net Income 2021: -$2,465,1342021Revenue 2022: $2,101,827Expenses 2022: $4,255,056Net Income 2022: -$2,153,2292022Revenue 2023: $1,875,580Expenses 2023: $3,042,158Net Income 2023: -$1,166,5782023Revenue 2024: $2,761,635Expenses 2024: $2,800,732Net Income 2024: -$39,0972024

Highlighted filing

2021

Revenue$1,653,854
Expenses$4,118,988
Net Income-$2,465,134
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.2
Gross Receipts
$1,653,854
Mission and Program Overview

Mission

To teach and inspire educators in emerging practices for a 21st century workforce.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$5,378,472$3,463,272▼ $1,915,200
Investments Other Securities$509,705$734,716▲ $225,011
Cash and Non-Interest-Bearing Accounts$493,023$192,631▼ $300,392
Accounts Receivable$150,028$149,188▼ $840
Land, Buildings, and Equipment, Net$138,487$52,921▼ $85,566
Prepaid Expenses and Deferred Charges$47,609--
Savings and Temporary Cash Investments$667$517▼ $150
Total Assets$6,717,991$4,593,245▼ $2,124,746
Liabilities
Mortgage Notes Payable Secured by Investment Property$414,599$425,128▲ $10,529
Accounts Payable and Accrued Expenses$104,019$100,921▼ $3,098
Deferred Revenue$118,655$94,545▼ $24,110
Total Liabilities$637,273$620,594▼ $16,679
Net Assets / Fund Balance
Net Assets With Donor Restrictions$5,246,778$3,378,472▼ $1,868,306
Net Assets Without Donor Restrictions$833,940$594,179▼ $239,761
Total Net Assets Fund Balance$6,080,718$3,972,651▼ $2,108,067
Total Liabilities and Net Assets / Fund Balance$6,717,991$4,593,245▼ $2,124,746

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$52,921$543,378$596,299
Other Securities$225,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kellie LauthChief Executive OfficerFT$184,372$7,889$192,261
Brent SmithChief Financial OfficerFT$118,662$20,972$139,634
Christopher SmithChief Marketing OfficerFT$122,650-$122,650
Melissa SayreChief Impact OfficerFT$100,332$10,198$110,530
Geof RochesterBoard Member/marketing ConsultantPT$71,500-$71,500

Board Members and Trustees

NameTitle
John FarnamChair
Bridget Coughlin PhdBoard Member
Carrie MorgridgeBoard Member
Dan MorrisBoard Member
John Bennett PhdBoard Member
John MorgridgeBoard Member
Mike PapiBoard Member
Sondra SmithSecretary & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$946,715
Program Service Revenue
$707,104
Investment Income
$35
Other Revenue
$0
All Other Contributions
$523,783
Change in Net Assets
$-2,465,134
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,384,198
Other Expenses$1,732,085
Total Fundraising Expense$152,634
Grants and Similar Amounts Paid$2,705
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$871,020$277,536$72,950$1,221,506
Fees for Services Other$384,793$179,466-$564,259
Payroll Taxes$221,577$275,634$28,814$526,025
Current Officers, Directors, Trustees, and Key Employees$52,434$413,033$9,613$475,080
Advertising$195,273--$195,273
Information Technology$124,508$70,265-$194,773
All Other Expenses$98,876$36,784$201$135,861
Depreciation Depletion-$116,087-$116,087
Other Employee Benefits$61,733$1,332$40,475$103,540
Fees for Services Legal$91,939$450$61$92,450
Pension Plan Contributions-$58,047-$58,047
Occupancy$700$50,475-$51,175
Insurance$25,379$1,177-$26,556
Office Expenses$18,396$7,735-$26,131
Travel$25,507--$25,507
Interest-$10,565-$10,565
Grants to Domestic Orgs$2,705--$2,705
Other Expenses$2,071$300$520$2,371
Total Functional Expenses$2,450,389$1,515,965$152,634$4,118,988
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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, Part VI, Section A, Line 2

John morgridge and carrie morgridge have a family relationship.

Form 990, Part VI, Section A, Line 4

The organization amended their articles of incorporation to change their name to mindspark learning.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the ceo and cfo and provided to the board of directors prior to filing.

Form 990, Part VI, Section B, Line 12C

The board of directors conflict of interest policy covers all directors and employees of the organization. All are required to review the policy annually and sign a disclosure statement. If any conflicts arise, the disinterested board members would discuss and vote on due diligence steps and change of circumstances to avoid such conflict. If the board determines that a conflict of interest has failed to be disclosed, it shall take appropriate disciplinary and corrective action.

Form 990, Part VI, Section B, Line 15A

Compensation for the ceo/president is annually reviewed by the board of directors in an executive session. The ceo's performance, growth of the organization, and overall operational integrity is reviewed by the board of directors and any and all evidence (performance review, organization annual report, impact reports, and staff surveys) are considered by the board. The ceo is notified of any compensation change in writing and the executive session is captured in the minutes of the meeting. The compensation for the ceo is commensurate with qualifications and experience. The board of directors reviews annual compensation based on a salary comparison of similar organizations in size and scope as a metric, but the actual compensation is based on performance of the ceo.

Form 990, Part VI, Section C, Line 19

The organization makes available all governing documents for the public available upon request.

FORM 990, PART I, LINE 5, PART V, LINE 2A, PART VII AND PART IX:

Mindspark has a client service agreement with trinet for 2021, an unrelated organization. Trinet is a professional employer organizations. As a result, trinet is the employers for the purpose of paying wages and benefits. Mindspark learning inputs and approves all employee time and wages into trinet's online system and trinet processes the payroll and administers all benefits on behalf of mindspark learning. Trinet also remits all taxes and files all returns under their name and employer identification number. The salary, benefits, and payroll tax expenses shown on form 990, line 5, 7 and 9 of part ix represent amounts paid by trinet as part of the client service agreement. In addition, mindspark learning is reporting paid employees on form 990, part v, line 2a because of the relationship with trinet as stated above.

Filing and Contact Details

Filer

Filer Name
Mindspark Learning
EIN
47-4615131
Phone
3039635390
Address
455 S PIERCE ST, LAKEWOOD, CO 80226

Signing Officer

Name
Melissa Sayre
Title
Chief Financial Officer
Phone
3039635390
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kellie Lauth
Formed
2015
Legal Domicile
Co
Voting Board Members
9
Independent Board Members
8
Employees
26
Volunteers
9

Preparer

Firm
Eide Bailly Llp
Address
2950 E HARMONY RD STE 290, FORT COLLINS, CO 80528-3429
Preparer
Kyle Fritch CPA
Phone
9702238825
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Payroll fees: program service expenses 32,362. Management and general expenses 116,569. Fundraising expenses 0. Total expenses 148,931. Contractors: program service expenses 352,431. Management and general expenses 62,897. Fundraising expenses 0. Total expenses 415,328.

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IRS990/InterestGrp/ManagementAndGeneralAmt010565
IRS990/InterestGrp/TotalAmt010565
IRS990/InvestmentIncomeGrp/ExclusionAmt035
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt035
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0509705
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0734716
IRS990/IRPDocumentCnt041
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0543378
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0138487
IRS990/LandBldgEquipBasisNetGrp/EOYAmt052921
IRS990/LandBldgEquipCostOrOtherBssAmt0596299
IRS990/LegalDomicileStateCd0CO
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO TEACH AND INSPIRE EDUCATORS IN EMERGING PRACTICES FOR A 21ST CENTURY WORKFORCE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0414599
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0425128
IRS990/NameChangeInd0X
IRS990/NetAssetsOrFundBalancesBOYAmt06080718
IRS990/NetAssetsOrFundBalancesEOYAmt03972651
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0126
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0833940
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0594179
IRS990/NoncashContributionsAmt04697
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt050475
IRS990/OccupancyGrp/ProgramServicesAmt0700
IRS990/OccupancyGrp/TotalAmt051175
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07735
IRS990/OfficeExpensesGrp/ProgramServicesAmt018396
IRS990/OfficeExpensesGrp/TotalAmt026131
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt040475
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01332
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt061733
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0103540
IRS990/OtherExpensesGrp/Desc0DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1WORKSHOP EXPENSES
IRS990/OtherExpensesGrp/Desc2MEALS EXPENSES
IRS990/OtherExpensesGrp/Desc3BANK FEES
IRS990/OtherExpensesGrp/FundraisingAmt0520
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010157
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11194
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25728
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3300
IRS990/OtherExpensesGrp/ProgramServicesAmt0132530
IRS990/OtherExpensesGrp/ProgramServicesAmt1120679
IRS990/OtherExpensesGrp/ProgramServicesAmt220269
IRS990/OtherExpensesGrp/ProgramServicesAmt32071
IRS990/OtherExpensesGrp/TotalAmt0142687
IRS990/OtherExpensesGrp/TotalAmt1122393
IRS990/OtherExpensesGrp/TotalAmt225997
IRS990/OtherExpensesGrp/TotalAmt32371
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt072950
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0277536
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0871020
IRS990/OtherSalariesAndWagesGrp/TotalAmt01221506
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt028814
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0275634
IRS990/PayrollTaxesGrp/ProgramServicesAmt0221577
IRS990/PayrollTaxesGrp/TotalAmt0526025
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt058047
IRS990/PensionPlanContributionsGrp/TotalAmt058047
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt05378472
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt03463272
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt047609
IRS990/PrincipalOfficerNm0KELLIE LAUTH
IRS990/PriorPeriodAdjustmentsAmt0356941
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0707104
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0707104
IRS990/ProgSrvcAccomActy2Grp/Desc0WE PROVIDE 11,000 SQUARE-FOOT SPACE DESIGNED FOR EDUCATORS AS A CENTER FOR CREATIVITY, COLLABORATION, AND INNOVATION. THE SPACE SERVES AS HEADQUARTERS TO MINDSPARK LEARNING AND IS THE SITE OF ONGOING PROFESSIONAL LEARNING OFFERED BY OUR ORGANIZATION. OUR SPACE IS ALSO AVAILABLE FOR USE BY EDUCATORS, SCHOOLS, DISTRICTS, EDUCATION-BASED ORGANIZATIONS, AND OTHER NON-PROFIT AND FOR-PROFIT GROUPS, WITH THE ULTIMATE GOAL OF CONNECTING LEADING INDUSTRY AND BUSINESS TO EDUCATION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01468610
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt021224
IRS990/ProgSrvcAccomActy3Grp/Desc0OUR WORKSHOPS, TRAININGS, INSTITUTES, AND MEMBERSHIPS TO OUR FACILITY PROVIDE PROFESSIONAL DEVELOPMENT TOPICS INCLUDING DESIGN THINKING, EDTECH, MINDFULNESS AND SOCIAL EMOTIONAL LEARNING OPPORTUNITIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt024468
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0400201
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01015568
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt031
IRS990/PYOtherExpensesAmt01468512
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0643648
IRS990/PYRevenuesLessExpensesAmt0-1825300
IRS990/PYSalariesCompEmpBnftPaidAmt02016035
IRS990/PYTotalExpensesAmt03484547
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01659247
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-2465134
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0285679
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0667
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0517
IRS990ScheduleA/FactsAndCircumstancesTestTxt0SCHEDULE A, PART II, SECTION C, LINE 17A:MINDSPARK LEARNING FAILS TO MEET THE PUBLIC SUPPORT TEST FOR THE YEAR ENDED DECEMBER 31, 2021. HOWEVER, BASED ON THE FOLLOWING FACTS AND CIRCUMSTANCES, THE ORGANIZATION SHOULD CONTINUE TO BE RECOGNIZED AS A PUBLICLY SUPPORTED ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 509(A)(1).TEN-PERCENT OF SUPPORT:THE TOTAL AMOUNT OF PUBLIC SUPPORT FOR THE ORGANIZATION DURING THE ABOVE-MENTIONED PERIOD IS 15.35%. THEREFORE, THE TOTAL PUBLIC SUPPORT IS GREATER THAN THE REQUIRED 10%.ATTRACTION OF PUBLIC SUPPORT:THE ORGANIZATION DOES NOT RECEIVE MORE THAN 33 1/3% OF ITS SUPPORT FROM GOVERNMENT UNITS OR FROM CONTRIBUTIONS FROM THE GENERAL PUBLIC DUE TO THE FACT THAT IN CALENDAR YEAR 2018 THE ORGANIZATION RECEIVED A SIZEABLE CONTRIBUTION FROM ONE DONOR THAT MATERIALLY AFFECTED ITS PUBLIC SUPPORT TEST. ALTHOUGH MINDSPARK LEARNING CONSISTENTLY RECEIVES CONTRIBUTIONS FROM DIFFERENT PUBLIC SOURCES EACH YEAR, THE 33 1/3% SUPPORT TEST COULD NOT BE MET. THE ORGANIZATION HAS IMPLEMENTED NEW STRATEGIES TO HELP BROADEN THE PUBLIC SUPPORT OF THE ORGANIZATION. MINDSPARK LEARNING HAS RECEIVED DONATIONS FROM MULTIPLE ORGANIZATIONS AND INDIVIDUALS. IN THE LAST YEAR, THE ORGANIZATION HAS STEPPED UP ATTEMPTS TO SOLICIT MORE DONATIONS FROM THE GENERAL PUBLIC BY INCLUDING A DONATIONS LINK ON OUR WEBSITE AND DIRECTLY ASKING MORE PUBLIC COMPANIES FOR DONATIONS IN THE COURSE OF OUR WORK. MINDSPARK LEARNING HAS DEDICATED STAFF THAT FOCUS PRIMARILY ON FUNDRAISING EFFORTS TO BRING IN DONATIONS FROM PRIVATE COMPANIES, INDIVIDUALS, AND GOVERNMENTAL ENTITIES ON A REGULAR BASIS. MINDSPARK LEARNING CURRENTLY HAS RESOURCES IN PLACE TO ACCEPT PUBLIC DONATIONS. MINDSPARK PARTICIPATES IN AND RUNS CAMPAIGNS TOWARD LARGER FUNDRAISING EFFORTS, INCLUDING CO GIVES DAY AND GIVING TUESDAY. MINDSPARK LEARNING WILL CONTINUE TO IMPLEMENT THESE STRATEGIES TO HELP BROADEN ITS PUBLIC SUPPORT.SOURCES OF SUPPORT:MINDSPARK LEARNING HISTORICALLY HAS RECEIVED SUPPORT FROM ONE MAJOR PRIVATE FOUNDATION, THE MORGRIDGE FAMILY FOUNDATION. THE ORGANIZATION ALSO RECEIVES SUPPORT FROM VARIOUS PUBLIC DONORS. HOWEVER, BECAUSE OF THE SIZE OF THE PRIVATE FOUNDATION'S DONATIONS, THE ORGANIZATION FAILED TO MEET THE 33 1/3% REQUIREMENT FOR PUBLIC SUPPORT. ANNUALLY 100% OF OUR BOARD AND STAFF ARE VESTED IN THE ORGANIZATION WHICH ALSO HELPS DIVERSIFY THE NUMBER OF DONORS. MINDSPARK HAS A CONTRACTED GRANTS COORDINATOR TO SPECIFICALLY FOCUS ON GRANT WRITING FOR THE ORGANIZATION TO FURTHER DIVERSIFY FUNDING SOURCES. IN 2020, DUE TO COVID, MINDSPARK PIVOTED TO OFFER ITS SERVICES FOR FREE TO EDUCATORS AND SCHOOLS. IN 2021 WE CONTINUED THIS SERVICES MODEL AND WE SERVED 2,086 EDUCATORS AND 1,024 SCHOOLS; THIS NECESSARY PIVOT HAD A DIRECT IMPACT ON DONORSHIP.REPRESENTATIVE GOVERNING BODY:MINDSPARK LEARNING IS CURRENTLY SERVED BY A DIVERSE GOVERNING BODY THAT REPRESENTS THE INTEREST OF THE EDUCATION INDUSTRY; IT DOES NOT REPRESENT THE INTERESTS OF THE DONORS OF MINDSPARK LEARNING. THESE REPRESENTATIVES ENSURE THAT THE ORGANIZATION MEETS THE NEEDS OF THE EDUCATION INDUSTRY. THE ORGANIZATION HAS CURRENTLY IMPLEMENTED A REVIEW OF ITS GOVERNANCE MODEL TO IDENTIFY NEW PROSPECTIVE DIRECTORS/GOVERNORS TO REPRESENT A BROADER RANGE OF THE EDUCATION INDUSTRY AND THE GENERAL PUBLIC. BASED ON THE ABOVE FACTS AND CIRCUMSTANCES, MINDSPARK LEARNING SHOULD CONTINUE TO BE CONSIDERED AS PUBLICLY SUPPORTED UNDER INTERNAL REVENUE CODE SECTION 509(A)(1).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2017 AMOUNT: $ 280.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0946715
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01015568
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0529630
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt011887307
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01978306
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt016357526
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt035
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt031
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04924
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0496
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt041
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05527
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03896477
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0280
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0280
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.15350
IRS990ScheduleA/PublicSupportPY170Pct00.16920
IRS990ScheduleA/PublicSupportTotal170Amt02512155
IRS990ScheduleA/SubstantialContributorsTotAmt013845371
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0946715
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01015568
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0529630
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt011887307
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01978306
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt016357526
IRS990ScheduleA/TotalSupportAmt016363333
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt052921
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0543378
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0596299
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0509716
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1225000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CERTIFICATES OF DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1INVESTMENT IN COURAGION CORP
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt052921
IRS990ScheduleD/TotalBookValueSecuritiesAmt0734716
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0184372
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00

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