Civic Intelligence

Masterminds Academy

990EZ • Fiscal year 2023 • EIN 82-5083485

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 25, 2024

Organization Profile
711 Tomlinson StreetKingstree, SC 29556

(803) 677-7441

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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

41st percentile

2.8%

Higher net margin than 41% of similar nonprofits.

2023 filings • NTEE P30 • <$500k nonprofits • Source year 2023

Top Officer Pay

92nd percentile

$30,474

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 45.4% of source-year revenue.

2023 filings • NTEE P30 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Revenue Growth

69th percentile

25%

Faster revenue growth than 69% of similar nonprofits.

2023 filings • NTEE P30 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$0

Flat from 2022

Net Assets

Up

$1,910

Up $769 (+67%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin41st percentile

Revenue

Up

$67,140

Up $13,355 (+25%) from 2022

Expenses

Up

$65,230

Up $12,586 (+24%) from 2022

Net Income

Up

$1,910

Up $769 (+67%) from 2022

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$5.0K$0-$5.0K-$10K-$15KAssets 2022: $0Net Assets 2022: $1,1412022Assets 2023: $0Net Assets 2023: $1,9102023Assets 2024: $0Net Assets 2024: -$14,0002024

Highlighted filing

2023

Assets$0
Liabilities-
Net Assets$1,910
Open 2023 Filing

Operations Trend

Revenue Growth69th percentile

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

$100K$50K$0-$50KRevenue 2022: $53,785Expenses 2022: $52,644Net Income 2022: $1,1412022Revenue 2023: $67,140Expenses 2023: $65,230Net Income 2023: $1,9102023Revenue 2024: $10,000Expenses 2024: $24,000Net Income 2024: -$14,0002024

Highlighted filing

2023

Revenue$67,140
Expenses$65,230
Net Income$1,910
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 25, 2024
Return Version
2023v5.1
Gross Receipts
$67,140
Mission and Program Overview

Mission

Masterminds academy provides enrichment and educational services to children residing in the city of kingstree. Funding comes primarily from grants local donations and lastly parent payments

Program Services

DescriptionGrantsExpenses
REVENUE FOR 2023 WAS FROM TUITION AND LOCAL DONATIONS--
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARCIA WILLIAMSOwnerFT$0$30,474$30,474
Filing and Contact Details

Filer

Filer Name
Masteminds Academy
EIN
82-5083485
In Care Of
% MARCIA WILLIAMS
Phone
8036777441
Address
711 TOMLINSON STREET, KINGSTREE, SC 29556

Signing Officer

Name
Kalunda Richard
Title
Owner
Phone
8033614002
Signed
2024-10-25
Discuss with paid preparer
Yes

Preparer

Firm
The Richard Firm LLC
Address
7821 ST ANDREWS RD UNIT 40, IRMO, SC 29063
Preparer
Kalunda Richard
Phone
8033614002
Supplemental Narrative

Additional Explanations

Part I, Line 16

“1) other expenses educational materials and supplies amount 7800 2) other expenses taxes and licensing amount 1097 3) other expenses electricity and internet amount 3100 4) other expenses depreciation comes from form 4562 amount 955”

Raw XML Appendix90 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0MARCIA WILLIAMS
IRS990EZ/BooksInCareOfDetail/PhoneNum08036777441
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0711 TOMLINSON STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0KINGSTREE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd029556
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt067140
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt01910
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt021804
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form720FiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GrossReceiptsAmt067140
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01910
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt030474
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MARCIA WILLIAMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0OWNER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherExpensesTotalAmt012952
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0MASTERMINDS ACADEMY PROVIDES ENRICHMENT AND EDUCATIONAL SERVICES TO CHILDREN RESIDING IN THE CITY OF KINGSTREE. FUNDING COMES PRIMARILY FROM GRANTS LOCAL DONATIONS AND LASTLY PARENT PAYMENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0REVENUE FOR 2023 WAS FROM TUITION AND LOCAL DONATIONS
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt030474
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt065230
IRS990EZ/TotalRevenueAmt067140
IRS990EZ/TransactionWithControlEntInd00
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt00
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt00
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt00
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt00
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt01) OTHER EXPENSES EDUCATIONAL MATERIALS AND SUPPLIES AMOUNT 7800 2) OTHER EXPENSES TAXES AND LICENSING AMOUNT 1097 3) OTHER EXPENSES ELECTRICITY AND INTERNET AMOUNT 3100 4) OTHER EXPENSES DEPRECIATION COMES FROM FORM 4562 AMOUNT 955
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 16
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KALUNDA RICHARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OWNER
ReturnHeader/BusinessOfficerGrp/PhoneNum08033614002
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MASTEMINDS ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0MAST
ReturnHeader/Filer/EIN0825083485
ReturnHeader/Filer/InCareOfNm0% MARCIA WILLIAMS
ReturnHeader/Filer/PhoneNum08036777441
ReturnHeader/Filer/USAddress/AddressLine1Txt0711 TOMLINSON STREET
ReturnHeader/Filer/USAddress/CityNm0KINGSTREE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029556
ReturnHeader/Form8822BAttachedInd0X
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464087247
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THE RICHARD FIRM LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07821 ST ANDREWS RD UNIT 40
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0IRMO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029063
ReturnHeader/PreparerPersonGrp/PhoneNum08033614002
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KALUNDA RICHARD
ReturnHeader/ReturnTs02024-10-25T09:20:46-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$1,910
Revenue
$67,140
Expenses
$65,230
Net income
$1,910
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$14.0$10.0$24.0$14.0
2023Detailed filing. Detailed filing data is available for this year.$0.00$1.91$67.1$65.2$1.91
2022Detailed filing. Detailed filing data is available for this year.$0.00$1.14$53.8$52.6$1.14