Civic Intelligence

Inspiring Minds Raleigh-Durham Inc

EIN 86-2159341 • 501(c)3 • Durham, NC

Profile

To engage inspire and empower youth to reach their full potential through education and exposure to life changing experiences.

PO Box 13225Durham, NC 27709

imyouth.org/inspiring-minds-rdu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

68th percentile

0.02x

Higher debt load relative to assets than 68% of similar nonprofits.

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

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

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

Net Margin

89th percentile

47%

Higher net margin than 89% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

99th percentile

2732%

Faster asset growth than 99% of similar nonprofits.

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

Revenue Growth

89th percentile

76%

Faster revenue growth than 89% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets68th percentile

Assets

Down

$152

Down $121,567 (-100%) from 2022

Liabilities

Down

$0

Down $1,913 (-100%) from 2022

Net Assets

Down

$152

Down $119,654 (-100%) from 2022

Operations
Liabilities / Revenue67th percentileNet Margin89th percentile

Revenue

Down

$534

Down $253,128 (-100%) from 2022

Expenses

Down

$120,188

Down $14,325 (-11%) from 2022

Net Income

Down

-$119,654

Down $238,803 (-200%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2021: $4,298Liabilities 2021: $3,641Net Assets 2021: $6572021Assets 2022: $121,719Liabilities 2022: $1,913Net Assets 2022: $119,8062022Assets 2023: $152Liabilities 2023: $0Net Assets 2023: $1522023

Highlighted filing

2023

Assets$152
Liabilities$0
Net Assets$152
Open 2023 Filing

Operations Trend

Revenue Growth89th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100K-$200KRevenue 2021: $144,470Expenses 2021: $143,813Net Income 2021: $6572021Revenue 2022: $253,662Expenses 2022: $134,513Net Income 2022: $119,1492022Revenue 2023: $534Expenses 2023: $120,188Net Income 2023: -$119,6542023

Highlighted filing

2023

Revenue$534
Expenses$120,188
Net Income-$119,654
Open 2023 Filing

Filings

Most recent year

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

Open filing
Assets
$152
Liabilities
$0
Net assets
$152
Revenue
$534
Expenses
$120,188
Net income
-$119,654
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.01$1.20$1.20
2022Detailed filing. Detailed filing data is available for this year.$1.22$0.02$1.20$2.54$1.35$1.19
2021Detailed filing. Detailed filing data is available for this year.$0.04$0.04$0.01$1.44$1.44$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 11, 2024
Return Version
2023v5.1
Gross Receipts
$534
Mission and Program Overview

Mission

To engage inspire and empower youth to reach their full potential through education and exposure to life changing experiences.

Program Services

DescriptionGrantsExpenses
The After-School Program is offered at a time when many students would otherwise be home alone while parents are at work Monday through Thursday from 4:30pm to 7:00pm. At Inspiring Minds, students can study in a happy, safe and structured environment that includes personalized tutoring, mentoring, workshops, and the encouragement they need to become the next generation of leaders. Our programming was offered to 30 Durham High school students. The students had the opportunity to tour 4 universities and 15 different industries! This program was also supported during the year by in kind donations of services including computers, office, classroom space use valued at $5000.-$56,348
Summer programming includes a combination of fun activities focused on academics, sports, health and new experiences. Students retain knowledge they would typically lose during the summer off from school, and theyre in a safe environment surrounded by positive role models that can lead them to a promising future. Our chapter joined the other IM chapters in South Carolina for an action-packed week of exposure. Some of the students experienced their first flight, tours of Gullah Geechee Culture, historical monuments, cultural tours of several businesses and access to many entrepreneurs.This program was also supported during the year by in kind donations of services of $2500.-$35,472
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bree ElzyExecutive DirectorFT$63,323-$63,323
Dr Shaundra DailyPresidentPT$0--
Charmaine GraftonVice PresidentPT$0--
Eric WilliamsTreasurer-$0--
Isaac RoachBoard MemberPT$0--
Dr Kim StansburyBoard MemberPT$0--
Rev Bernadine AnthonyBoard MemberPT$0--
Marianne GreenSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Inspiring Minds Raleigh-Durham Inc
EIN
86-2159341
Phone
3307660685
Address
PO Box 13225, Durham, NC 27709

Signing Officer

Name
Bree Elzy
Title
Executive Director
Signed
2024-07-11
Discuss with paid preparer
Yes

Preparer

Firm
S Jones and Associates LLC
Address
1745 Niles Cortland Rd NE Suite 1, Warren, OH 44484
Preparer
Vicki L Mooney CPA
Phone
3303995226
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $180”

Other Expenses.1002

“Office Expenses $214”

Other Expenses.1005

“Travel $19357”

Other Expenses.1

“FOOD AND MEALS $14350”

Other Expenses.2

“PROGRAM SUPPLIES $3528”

Other Expenses.3

“STUDENT SHIRTS $1572”

Other Expenses.4

“STUDENT INCENTIVES $1061”

Other Expenses.5

“STUDENT ACTIVITIES $940”

Other Expenses.6

“Nc secretary of state fee $202”

Other Expenses.8

“Memberships and dues $110”

Total Liabilities.1

“PAYROLL LIABILITIES - Beginning $1913 PAYROLL LIABILITIES - Ending $0”

Raw XML Appendix177 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherExpensesTotalAmt041514
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IRS990EZ/PrintingPublicationsPostageAmt0178
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The After-School Program is offered at a time when many students would otherwise be home alone while parents are at work Monday through Thursday from 4:30pm to 7:00pm. At Inspiring Minds, students can study in a happy, safe and structured environment that includes personalized tutoring, mentoring, workshops, and the encouragement they need to become the next generation of leaders. Our programming was offered to 30 Durham High school students. The students had the opportunity to tour 4 universities and 15 different industries! This program was also supported during the year by in kind donations of services including computers, office, classroom space use valued at $5000.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $214
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $19357
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ReturnHeader/PreparerPersonGrp/PhoneNum03303995226
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ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02023-01-01
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ReturnHeader/TaxYr02023

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No mirrored PDF or thumbnail assets are attached yet.