Civic Intelligence

World Mind Creation Academy

990 • Fiscal year 2022 • EIN 84-2431330

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 08, 2023

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

81st percentile

0.13x

Higher debt load relative to assets than 81% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

77th percentile

0.05x

Higher debt load relative to revenue than 77% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

67th percentile

17%

Higher net margin than 67% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

98th percentile

$97,338

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 24.3% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

80th percentile

38%

Faster asset growth than 80% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

89th percentile

162%

Faster revenue growth than 89% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$162,446

Up $44,916 (+38%) from 2021

Net Assets

Up

$142,083

Up $68,022 (+92%) from 2021

Liabilities

Down

$20,363

Down $23,106 (-53%) from 2021

Revenue

Up

$399,983

Up $247,108 (+162%) from 2021

Expenses

Up

$331,961

Up $98,556 (+42%) from 2021

Net Income

Up

$68,022

Up $148,552 (+184%) from 2021

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

2022

Assets$162,446
Liabilities$20,363
Net Assets$142,083

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

2022

Revenue$399,983
Expenses$331,961
Net Income$68,022
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 8, 2023
Return Version
2022v5.0
Gross Receipts
$399,983
Mission and Program Overview

Mission

Our mission is to provide holistic support to youth and families from marginalized communities through culturally responsive programs and services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$102,618$102,137▼ $481
Accounts Receivable$14,257$59,654▲ $45,397
Land, Buildings, and Equipment, Net$655$655→ $0
Total Assets$117,530$162,446▲ $44,916
Liabilities
Accounts Payable and Accrued Expenses$38,977$13,112▼ $25,865
Other Liabilities$4,492$7,251▲ $2,759
Total Liabilities$43,469$20,363▼ $23,106
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$74,061$142,083▲ $68,022
Total Net Assets Fund Balance$74,061$142,083▲ $68,022
Total Liabilities and Net Assets / Fund Balance$117,530$162,446▲ $44,916

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$655-$655
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Yasmin HabibExecutive DirectorFT$90,000$7,338$97,338

Board Members and Trustees

NameTitle
Mares AsfahaPresident
Makda SeyoumSecretary
Bettina DuncanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$399,663
Program Service Revenue
$0
Investment Income
$20
Other Revenue
$300
Change in Net Assets
$68,022
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$250,544
Other Expenses$66,717
Grants and Similar Amounts Paid$14,700
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$100,782$19,804-$120,586
Current Officers, Directors, Trustees, and Key Employees$75,219$14,781-$90,000
Payroll Taxes$16,764$3,294-$20,058
Other Employee Benefits$16,632$3,268-$19,900
Occupancy$16,505--$16,505
Grants to Domestic Individuals$14,700--$14,700
Office Expenses$10,314$1,751-$12,065
Advertising$11,468$3-$11,471
Information Technology$3,746$1,873-$5,619
Fees for Services Accounting-$4,015-$4,015
Insurance$1,582--$1,582
Fees for Services Other$1,100$149-$1,249
All Other Expenses-$918-$918
Other Expenses$581$379-$581
Travel$90$125-$215
Total Functional Expenses$277,442$54,519$0$331,961
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$7,251
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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 governing body review Part VI line 11

The 990 will be e-mailed to board members and members will be asked to respond back with questions or approve the 990 for filing.

CEO executive director top management comp Part VI line 15A

Board members make compensation determination for the executive director independently without the presence of the executive director in the room. Board members pay the executive director a fair market value.

Governing documents etc available to public Part VI line 19

Documents are not made available.

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
2023-11-08
Discuss with paid preparer
No

Organization Details

Principal Officer
Mares Asfaha
Formed
2016
Legal Domicile
Wa
Voting Board Members
3
Independent Board Members
3
Employees
4
Volunteers
5

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

Significant program services not listed on prior year return Part III line 2

In march of 2022, world mind creation academy (dba celebrating roots), piloted the leadership & business development program (lab). Lab is an exciting 8-week after school and summer program serving east african girls ages 14-18 in seattle. It is an empowering and comprehensive program that equips youth with skills and supports their personal and professional growth. The program runs 4 times a year and provides a safe space where participants can develop leadership and job readiness skills. It emphasizes identity and belonging by employing staff who share the same background as the youth they serve, creating a culturally responsive environment. The first half of the program focuses on the social and emotional development of participants through mindfulness, team-building activities, leadership development, and coaching circles led by a certified life coach. The second half of the program offers entrepreneurship training, allowing participants to explore their strengths and cultural backgrounds. This includes workshops and a shark tank-style competition, with students having the opportunity to earn a stipend for their hard work and participation.

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

Part iii, line 4b: here are a few of the responses from the survey: i feel like there should be more time because it goes fast and i really like it. One improvement is more meetings, twice a week is not enough. I would love to do this program again because it brought me a sisterhood i never had and a community experiencing new things i havent done which i loved. The program should be continued and would be loved by other upcoming girls. I love lab, i am going to really miss it. I loved everyone in the program and i hope to do this again. Part iii, line 4a: in 2022, the program served over 200 youth in both the daily enrichment sessions and youth centered community building projects. Youth had to say the following when asked what they liked about coming to ycb: the community. Its easy to be yourself. I get to spend time with my friends and overall its fun to come to. Knowing each day we get to do something fun and looking forward to the food.

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IRS990/ProgSrvcAccomActy2Grp/Desc0YOUNG COMMUNITY BUILDERS (YCB) 2022 MARKED FIVE SUCCESSFUL YEARS OUR 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. AN IMPORTANT ASPECT OF THE PROGRAM IS THE MINDFULNESS CURRICULUM WHICH SERVES TO PROVIDE YOUTH WITH A SELF CARE TOOL THAT HELPS THEM EMOTIONALLY REGULATE AND DESTRESS. THIS WAS EVEN MORE IMPORTANT TO HELP OUR STUDENTS AS THEY MANEUVERED THE CHALLENGES OF THE PANDEMIC. CONTINUED ON SCHEDULE O...
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0STUDENTS IN THE LEADERSHIP & BUSINESS DEVELOPMENT PROGRAM RECEIVE $400 STIPENDS FOR COMPETITION OF THE PROGRAM. COMPLETION OF THE PROGRAM IS ALL THAT IS NEEDED TO BE AWARDED THE STIPEND. COMPETITION MEANS: 1. ATTENDING AT LEAST 80% OF SESSIONS;2. PARTICIPANT MEETS THE TIME MANAGEMENT REQUIREMENT OF ON-TIME ARRIVAL FOR ALL SESSIONS;3. PARTICIPANT DEMONSTRATES AUTHENTIC ENGAGEMENT EFFORTS IN ALL ACTIVITIES AND PROJECTS (GROUP DISCUSSIONS AND GROUP MISSIONS, ETC.);4. PARTICIPANT COMPLETES THE END OF PROGRAM SURVEY;5. PARTICIPANT RECEIVES STIPENDS IN THE FORM OF CHECKS. CHECKS ARE VERIFIED BY AGENCY STAFF, TRACKED BY AGENCYS ACCOUNTING SYSTEM AND BOOKKEEPER ALONG WITH DOCUMENTATION OF BANK PROCESSED IMAGE OF EACH CHECK CASHED.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 WILL BE E-MAILED TO BOARD MEMBERS AND MEMBERS WILL BE ASKED TO RESPOND BACK WITH QUESTIONS OR APPROVE THE 990 FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS MAKE COMPENSATION DETERMINATION FOR THE EXECUTIVE DIRECTOR INDEPENDENTLY WITHOUT THE PRESENCE OF THE EXECUTIVE DIRECTOR IN THE ROOM. BOARD MEMBERS PAY THE EXECUTIVE DIRECTOR A FAIR MARKET VALUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE NOT MADE AVAILABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN MARCH OF 2022, WORLD MIND CREATION ACADEMY (DBA CELEBRATING ROOTS), PILOTED THE LEADERSHIP & BUSINESS DEVELOPMENT PROGRAM (LAB). LAB IS AN EXCITING 8-WEEK AFTER SCHOOL AND SUMMER PROGRAM SERVING EAST AFRICAN GIRLS AGES 14-18 IN SEATTLE. IT IS AN EMPOWERING AND COMPREHENSIVE PROGRAM THAT EQUIPS YOUTH WITH SKILLS AND SUPPORTS THEIR PERSONAL AND PROFESSIONAL GROWTH. THE PROGRAM RUNS 4 TIMES A YEAR AND PROVIDES A SAFE SPACE WHERE PARTICIPANTS CAN DEVELOP LEADERSHIP AND JOB READINESS SKILLS. IT EMPHASIZES IDENTITY AND BELONGING BY EMPLOYING STAFF WHO SHARE THE SAME BACKGROUND AS THE YOUTH THEY SERVE, CREATING A CULTURALLY RESPONSIVE ENVIRONMENT. THE FIRST HALF OF THE PROGRAM FOCUSES ON THE SOCIAL AND EMOTIONAL DEVELOPMENT OF PARTICIPANTS THROUGH MINDFULNESS, TEAM-BUILDING ACTIVITIES, LEADERSHIP DEVELOPMENT, AND COACHING CIRCLES LED BY A CERTIFIED LIFE COACH. THE SECOND HALF OF THE PROGRAM OFFERS ENTREPRENEURSHIP TRAINING, ALLOWING PARTICIPANTS TO EXPLORE THEIR STRENGTHS AND CULTURAL BACKGROUNDS. THIS INCLUDES WORKSHOPS AND A SHARK TANK-STYLE COMPETITION, WITH STUDENTS HAVING THE OPPORTUNITY TO EARN A STIPEND FOR THEIR HARD WORK AND PARTICIPATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PART III, LINE 4B: HERE ARE A FEW OF THE RESPONSES FROM THE SURVEY: I FEEL LIKE THERE SHOULD BE MORE TIME BECAUSE IT GOES FAST AND I REALLY LIKE IT. ONE IMPROVEMENT IS MORE MEETINGS, TWICE A WEEK IS NOT ENOUGH. I WOULD LOVE TO DO THIS PROGRAM AGAIN BECAUSE IT BROUGHT ME A SISTERHOOD I NEVER HAD AND A COMMUNITY EXPERIENCING NEW THINGS I HAVENT DONE WHICH I LOVED. THE PROGRAM SHOULD BE CONTINUED AND WOULD BE LOVED BY OTHER UPCOMING GIRLS. I LOVE LAB, I AM GOING TO REALLY MISS IT. I LOVED EVERYONE IN THE PROGRAM AND I HOPE TO DO THIS AGAIN. PART III, LINE 4A: IN 2022, THE PROGRAM SERVED OVER 200 YOUTH IN BOTH THE DAILY ENRICHMENT SESSIONS AND YOUTH CENTERED COMMUNITY BUILDING PROJECTS. YOUTH HAD TO SAY THE FOLLOWING WHEN ASKED WHAT THEY LIKED ABOUT COMING TO YCB: THE COMMUNITY. ITS EASY TO BE YOURSELF. I GET TO SPEND TIME WITH MY FRIENDS AND OVERALL ITS FUN TO COME TO. KNOWING EACH DAY WE GET TO DO SOMETHING FUN AND LOOKING FORWARD TO THE FOOD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Significant program services not listed on prior year return Part III line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part III response or note to any other line in Part III
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0The Sheriff CPA Services LLC
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