Civic Intelligence

World Mind Creation Academy

990EZ • Fiscal year 2021 • EIN 84-2431330

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 10, 2022

3250 Airport Way S STE 218Seattle, WA 98134

(425) 677-4288

Siviq Scores

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

Liabilities / Assets

87th percentile

0.37x

Higher debt load relative to assets than 87% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

87th percentile

0.28x

Higher debt load relative to revenue than 87% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

11th percentile

-53%

Higher net margin than 11% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

98th percentile

$101,295

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 66.3% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$117,530

No earlier filing loaded for comparison.

Net Assets

$74,061

No earlier filing loaded for comparison.

Liabilities

$43,469

No earlier filing loaded for comparison.

Revenue

$152,875

No earlier filing loaded for comparison.

Expenses

$233,405

No earlier filing loaded for comparison.

Net Income

-$80,530

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2021: $117,530Liabilities 2021: $43,469Net Assets 2021: $74,0612021Assets 2022: $162,446Liabilities 2022: $20,363Net Assets 2022: $142,0832022Assets 2023: $207,289Liabilities 2023: $20,735Net Assets 2023: $186,5542023Assets 2024: $596,298Liabilities 2024: $26,522Net Assets 2024: $569,7762024

Highlighted filing

2021

Assets$117,530
Liabilities$43,469
Net Assets$74,061

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2021: $152,875Expenses 2021: $233,405Net Income 2021: -$80,5302021Revenue 2022: $399,983Expenses 2022: $331,961Net Income 2022: $68,0222022Revenue 2023: $483,245Expenses 2023: $439,574Net Income 2023: $43,6712023Revenue 2024: $798,174Expenses 2024: $439,956Net Income 2024: $358,2182024

Highlighted filing

2021

Revenue$152,875
Expenses$233,405
Net Income-$80,530
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 10, 2022
Return Version
2021v4.2
Gross Receipts
$152,875
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O$38,400$38,400
SEE SCHEDULE O-$25,609
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Yasmin HabibExecutive DirectorFT$90,000$11,295$101,295
Mares AsfahaPresident-$0--
Bettina Shell-DuncanTreasurer-$0--
Makda SeyoumSecretary-$0--
Filing and Contact Details

Filer

Filer Name
World Mind Creation Academy
EIN
84-2431330
Address
3250 Airport Way S STE 218, Seattle, WA 98134

Signing Officer

Name
Yasmin Habib
Title
Executive Direc
Phone
2066596432
Signed
2022-11-10
Discuss with paid preparer
No

Preparer

Firm
The Sheriff CPA Services LLC
Address
10340 SE 187th Pl, Renton, WA 98055
Preparer
Shareef Abduhr-Rahmaan
Phone
4257576915
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

Description AmountUncategorized Income 89

List of grants and similar amounts paid Part I line 10

Activity Covid Assistance Grantee Various Relationship NONE Amount 38,400

Description of other expenses Part I line 16

Description AmountAdvertising & Marketing 935Events 962Supplies 9,424Insurance 1,482Technology 5,652Workshop 385Misc. 136

Other changes in net assets or fund balances Part I line 20

Description AmountPrior Year Funds from Fiscal Sponso 154,591

Description of other assets Part II line 24

Category Beginning of Year End of YearAccounts Receivable 0 14,257

Description of total liabilities Part II line 26

Category Beginning of Year End of YearAccounts Payable 0 38,978Payroll Liabilities 0 4,491

Part III response or note to any other line in Part III

Part III, Line 28, Program Accomplishments: Young Community Builders : Young Community Builders (YCB) is an after school and summer program serving low-income BIPOC refugee and immigrant youth in the South Seattle neighborhood of Rainier Vista. YCB serves youth ages 6-14 years old and provides them with a safe neighborhood space to build community with staff and peers who look like them, speak their languages and can relate to their unique lived experiences as refugees and immigrants/ the children of refugees and immigrants. While in the program, youth are provided with enrichment and team building opportunities while being engaged as leaders in the development of youth centered community building projects. In 2021, the program served an average of 210 youth in both the daily enrichment sessions and youth centered community building projects. Part III, Line 29, Program Accomplishments: Emergency Relief Program- In 2021, World Mind Creation Academy ( DBA: Celebrating Roots), in partnership with Best Starts For Kids King County, provided $40,000 in cash assistance to 100 families and 314 children who were disproportionately impacted by the pandemic. The program was a quick response to emerging community needs, addressing the devasting impact the pandemic had on BIPOC, low-income families with children (many of whom suffered job and income losses in addition to already living below the poverty line). To be eligible to receive the cash assistance, applicants needed to be: Residents of King County, with children under the age of 18, Have a gross household income (before taxes are taken out) of no more than 200 percent of the federal poverty level, as established by the US Health and Human Services Department. 100% of recipients of the assistance were also BIPOC refugee and immigrants primarily of East African Decent. Part III, Mission Statement: Our mission is to provide holistic support to youth and families from marginalized communities through culturally responsive programs and services.

Raw XML Appendix163 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Category Beginning of Year End of YearAccounts Receivable 0 14,257
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Part III, Line 28, Program Accomplishments: Young Community Builders : Young Community Builders (YCB) is an after school and summer program serving low-income BIPOC refugee and immigrant youth in the South Seattle neighborhood of Rainier Vista. YCB serves youth ages 6-14 years old and provides them with a safe neighborhood space to build community with staff and peers who look like them, speak their languages and can relate to their unique lived experiences as refugees and immigrants/ the children of refugees and immigrants. While in the program, youth are provided with enrichment and team building opportunities while being engaged as leaders in the development of youth centered community building projects. In 2021, the program served an average of 210 youth in both the daily enrichment sessions and youth centered community building projects. Part III, Line 29, Program Accomplishments: Emergency Relief Program- In 2021, World Mind Creation Academy ( DBA: Celebrating Roots), in partnership with Best Starts For Kids King County, provided $40,000 in cash assistance to 100 families and 314 children who were disproportionately impacted by the pandemic. The program was a quick response to emerging community needs, addressing the devasting impact the pandemic had on BIPOC, low-income families with children (many of whom suffered job and income losses in addition to already living below the poverty line). To be eligible to receive the cash assistance, applicants needed to be: Residents of King County, with children under the age of 18, Have a gross household income (before taxes are taken out) of no more than 200 percent of the federal poverty level, as established by the US Health and Human Services Department. 100% of recipients of the assistance were also BIPOC refugee and immigrants primarily of East African Decent. Part III, Mission Statement: Our mission is to provide holistic support to youth and families from marginalized communities through culturally responsive programs and services.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Description of total liabilities Part II line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part III response or note to any other line in Part III
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/Filer/EIN0842431330
ReturnHeader/Filer/USAddress/AddressLine1Txt03250 Airport Way S STE 218
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ReturnHeader/Filer/USAddress/ZIPCd098134
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0The Sheriff CPA Services LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010340 SE 187th Pl
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Shareef Abduhr-Rahmaan
ReturnHeader/ReturnTs02022-11-10T09:56:24-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Yasmin
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
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