Civic Intelligence

Beautiful Minds Educational Foundation

990EZ • Fiscal year 2022 • EIN 85-3010496

Jul 01, 2021 to Jun 30, 2022 • Filed on Jan 18, 2023

Organization ProfileN/A
6307 Red Setter LaneMoseley, VA 23120

(804) 874-0882

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

60th percentile

11%

Higher net margin than 60% of similar nonprofits.

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

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

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

Asset Growth

87th percentile

63%

Faster asset growth than 87% of similar nonprofits.

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

Revenue Growth

62nd percentile

26%

Faster revenue growth than 62% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$10,106

Up $3,914 (+63%) from 2021

Net Assets

$10,106

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin60th percentile

Revenue

Up

$34,700

Up $7,108 (+26%) from 2021

Expenses

Up

$30,786

Up $9,386 (+44%) from 2021

Net Income

Down

$3,914

Down $2,278 (-37%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$15K$10K$5.0K$0Assets 2021: $6,192Liabilities 2021: $02021Assets 2022: $10,106Liabilities 2022: $0Net Assets 2022: $10,1062022Assets 2023: $4,207Liabilities 2023: $1Net Assets 2023: $4,2072023Assets 2024: $1,332Liabilities 2024: $1Net Assets 2024: $1,3322024Assets 2025: $1,562Liabilities 2025: $0Net Assets 2025: $1,5622025

Highlighted filing

2022

Assets$10,106
Liabilities$0
Net Assets$10,106
Open 2022 Filing

Operations Trend

Revenue Growth62nd percentile

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

$40K$20K$0-$20KRevenue 2021: $27,592Expenses 2021: $21,400Net Income 2021: $6,1922021Revenue 2022: $34,700Expenses 2022: $30,786Net Income 2022: $3,9142022Revenue 2023: $32,573Expenses 2023: $38,472Net Income 2023: -$5,8992023Revenue 2024: $34,425Expenses 2024: $37,300Net Income 2024: -$2,8752024Revenue 2025: $32,899Expenses 2025: $32,669Net Income 2025: $2302025

Highlighted filing

2022

Revenue$34,700
Expenses$30,786
Net Income$3,914
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jan 18, 2023
Return Version
2021v4.2
Gross Receipts
$34,700
Mission and Program Overview

Mission

This organization sponsors students in the phillipines and liberia to attend college, including tuition, board and other educational expenses.

Program Services

DescriptionGrantsExpenses
THIS ORGANIZATION SPONSORS STUDENTS IN THE PHILLIPINES AND LIBERIA TO ATTEND COLLEGE INCLUDING TUITION(SCHOLARSHIPS), BOARD AND OTHER EDUCATIONAL EXPENSES SUCH AS COMPUTERS, EDUCATIONAL MATERIALS, TUTORING, AND HELP WITH CONSTRUCTION OF A SCHOOL IN LIBERIA.$0$24,950
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PATRICK F TAYLORPresidentPT$0--
ALEXZANE C TAYLORTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Beautiful Minds Educational Foundation
EIN
85-3010496
Phone
8048740882
Address
6307 RED SETTER LANE, MOSELEY, VA 23120

Signing Officer

Name
Patrick Taylor
Title
President
Phone
8048740882
Signed
2023-01-18
Discuss with paid preparer
Yes

Preparer

Firm
Valderas Financial Solutions LLC
Address
4914 FITZHUGH AVENUE STE 200, RICHMOND, VA 23230
Preparer
Margaretha Valderas
Phone
8049121505
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: bank service charges. Amount: 720. Description: tuition, board and student expenses. Amount: 24,950. Description: accounting fees. Amount: 1,110. Description: licenses permits. Amount: 6. Description: repair and maint. Amount: 4,000. Total to form 990-ez, line 16: 30,786.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: rent deposits. Beg. Of year amount: 1,200. End of year amount: 1,200.”

Raw XML Appendix144 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/ApplicationPendingInd0X
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BEAUTIFUL MIND EDUCATIONAL FOUNDATION
IRS990EZ/BooksInCareOfDetail/PhoneNum08048740882
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06307 RED SETTER LANE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MOSELEY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023120
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0992
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08906
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt034700
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt03914
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt06192
IRS990EZ/Form990TotalAssetsGrp/EOYAmt010106
IRS990EZ/GrossReceiptsAmt034700
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt04000
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt06192
IRS990EZ/NetAssetsOrFundBalancesEOYAmt010106
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt06192
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt010106
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PATRICK F TAYLOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ALEXZANE C TAYLOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01200
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01200
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt030786
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THIS ORGANIZATION SPONSORS STUDENTS IN THE PHILLIPINES AND LIBERIA TO ATTEND COLLEGE, INCLUDING TUITION, BOARD AND OTHER EDUCATIONAL EXPENSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THIS ORGANIZATION SPONSORS STUDENTS IN THE PHILLIPINES AND LIBERIA TO ATTEND COLLEGE INCLUDING TUITION(SCHOLARSHIPS), BOARD AND OTHER EDUCATIONAL EXPENSES SUCH AS COMPUTERS, EDUCATIONAL MATERIALS, TUTORING, AND HELP WITH CONSTRUCTION OF A SCHOOL IN LIBERIA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt024950
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt030786
IRS990EZ/TotalProgramServiceExpensesAmt024950
IRS990EZ/TotalRevenueAmt034700
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt034700
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt027592
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt062292
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt062292
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt034700
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt027592
IRS990ScheduleA/Total509Grp/TotalAmt062292
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt034700
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt027592
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt062292
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 720. DESCRIPTION: TUITION, BOARD AND STUDENT EXPENSES. AMOUNT: 24,950. DESCRIPTION: ACCOUNTING FEES. AMOUNT: 1,110. DESCRIPTION: LICENSES PERMITS. AMOUNT: 6. DESCRIPTION: REPAIR AND MAINT. AMOUNT: 4,000. TOTAL TO FORM 990-EZ, LINE 16: 30,786.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: RENT DEPOSITS. BEG. OF YEAR AMOUNT: 1,200. END OF YEAR AMOUNT: 1,200.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PATRICK TAYLOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08048740882
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-01-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BEAUTIFUL MINDS EDUCATIONAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BEAU
ReturnHeader/Filer/EIN0853010496
ReturnHeader/Filer/PhoneNum08048740882
ReturnHeader/Filer/USAddress/AddressLine1Txt06307 RED SETTER LANE
ReturnHeader/Filer/USAddress/CityNm0MOSELEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023120
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472900482
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VALDERAS FINANCIAL SOLUTIONS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04914 FITZHUGH AVENUE STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RICHMOND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023230
ReturnHeader/PreparerPersonGrp/PhoneNum08049121505
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARGARETHA VALDERAS
ReturnHeader/ReturnTs02023-01-18T13:17:44-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PATRICK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TAYLOR
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,106
Liabilities
$0
Net assets
$10,106
Revenue
$34,700
Expenses
$30,786
Net income
$3,914
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.56$32.9$32.7$0.23
2024Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$34.4$37.3$2.88
2023Detailed filing. Detailed filing data is available for this year.$4.21$0.00$4.21$32.6$38.5$5.90
2022Detailed filing. Detailed filing data is available for this year.$10.1$0.00$10.1$34.7$30.8$3.91
2021Summary only. Only limited summary data is available for this year.$6.19$0.00$27.6$21.4$6.19