Civic Intelligence

Inspiring Minds Raleigh-Durham

990EZ • Fiscal year 2021 • EIN 86-2159341

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 11, 2022

Organization Profileimyouth.org/inspiring-minds-rdu
PO Box 13225Durham, NC 27709

(330) 766-0685

Siviq Scores

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

Liabilities / Assets

89th percentile

0.85x

Higher debt load relative to assets than 89% of similar nonprofits.

2021 filings • NTEE O50 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

68th percentile

0.03x

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

2021 filings • NTEE O50 • <$500k nonprofits • Source year 2021

Net Margin

40th percentile

0.5%

Higher net margin than 40% of similar nonprofits.

2021 filings • NTEE O50 • <$500k nonprofits • Source year 2021

Top Officer Pay

99th percentile

$117,600

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 81.4% of source-year revenue.

2021 filings • NTEE O50 • <$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

Balance Sheet
Liabilities / Assets89th percentile

Assets

$4,298

No earlier filing loaded for comparison.

Net Assets

$657

No earlier filing loaded for comparison.

Liabilities

$3,641

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin40th percentile

Revenue

$144,470

No earlier filing loaded for comparison.

Expenses

$143,813

No earlier filing loaded for comparison.

Net Income

$657

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$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

2021

Assets$4,298
Liabilities$3,641
Net Assets$657
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this 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

2021

Revenue$144,470
Expenses$143,813
Net Income$657
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 11, 2022
Return Version
2021v4.0
Gross Receipts
$144,470
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 4pm to 7pm. At Inspiring Minds, students can study in a happy, safe and structured environment that includes personalized tutoring, workshops, and the encouragement they need to become the next generation of leaders. Our programming was offered to 15 Durham High school students. The students had the opportunity to tour 3 universities! This program was also supported during the year by in kind donations of services including computers, office, classroom space use valued at $3,700.-$82,681
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 Sarasota, FL for an action-packed week of exposure. Some of the students experienced their first flight, boat ride and tours of several businesses and access to many entrepreneurs.-$8,383
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bree ElzyExecutive DirectorFT$117,600-$117,600
Dr Shaundra DailyPresidentPT$0--
Charmaine GraftonVice PresidentPT$0--
Marianne GreenSecretaryPT$0--
Eric WilliamsTreasurerPT$0--
Dr Kim StansburyBoard MemberPT$0--
Rev Bernadine AnthonyBoard MemberPT$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
2022-10-11
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.1002

“Office Expenses $93”

Other Expenses.1005

“Travel $6653”

Other Expenses.1012

“Insurance $1210”

Other Expenses.1

“STUDENT SHIRTS $6816”

Other Expenses.2

“PROGRAM SUPPLIES $827”

Other Expenses.3

“FOOD AND MEALS $438”

Other Expenses.4

“STUDENT ACTIVITIES $311”

Other Assets.1

“Employee Retention Credit Receivable - Beginning $0 Employee Retention Credit Receivable - Ending $1834”

Total Liabilities.1

“PAYROLL LIABILITIES - Beginning $0 PAYROLL LIABILITIES - Ending $3641”

Raw XML Appendix172 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0Bree Elzy
IRS990EZ/BooksInCareOfDetail/PhoneNum03307660685
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 13225
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Durham
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027709
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02464
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0142165
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0657
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0847
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt04298
IRS990EZ/FundraisingGrossIncomeAmt02305
IRS990EZ/GrossReceiptsAmt0144470
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0657
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0657
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt38.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt510.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt65.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt0117600
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Bree Elzy
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Dr Shaundra Daily
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Charmaine Grafton
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Marianne Green
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Eric Williams
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Dr Kim Stansbury
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Rev Bernadine Anthony
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01834
IRS990EZ/OtherExpensesTotalAmt016348
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO ENGAGE INSPIRE AND EMPOWER YOUTH TO REACH THEIR FULL POTENTIAL THROUGH EDUCATION AND EXPOSURE TO LIFE CHANGING EXPERIENCES.
IRS990EZ/PrintingPublicationsPostageAmt022
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 4pm to 7pm. At Inspiring Minds, students can study in a happy, safe and structured environment that includes personalized tutoring, workshops, and the encouragement they need to become the next generation of leaders. Our programming was offered to 15 Durham High school students. The students had the opportunity to tour 3 universities! This program was also supported during the year by in kind donations of services including computers, office, classroom space use valued at $3,700.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Summer 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 Sarasota, FL for an action-packed week of exposure. Some of the students experienced their first flight, boat ride and tours of several businesses and access to many entrepreneurs.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt082681
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt18383
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0126596
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt02305
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03641
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0143813
IRS990EZ/TotalProgramServiceExpensesAmt091064
IRS990EZ/TotalRevenueAmt0144470
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://imyouth.org/inspiring-minds-rdu/
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0142165
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0142165
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0142165
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0142165
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0142165
IRS990ScheduleA/TotalSupportAmt0142165
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ExplanationTxt0Office Expenses $93
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $6653
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $1210
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3STUDENT SHIRTS $6816
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROGRAM SUPPLIES $827
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FOOD AND MEALS $438
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6STUDENT ACTIVITIES $311
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Employee Retention Credit Receivable - Beginning $0 Employee Retention Credit Receivable - Ending $1834
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8PAYROLL LIABILITIES - Beginning $0 PAYROLL LIABILITIES - Ending $3641
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Bree Elzy
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Dir.
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Inspiring Minds Raleigh-Durham Inc
ReturnHeader/Filer/BusinessNameControlTxt0INSP
ReturnHeader/Filer/EIN0862159341
ReturnHeader/Filer/PhoneNum03307660685
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 13225
ReturnHeader/Filer/USAddress/CityNm0Durham
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027709
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200537941
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0S Jones and Associates LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01745 Niles Cortland Rd NE Suite 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Warren
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044484
ReturnHeader/PreparerPersonGrp/PhoneNum03303995226
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Vicki L Mooney CPA
ReturnHeader/ReturnTs02022-10-11T07:31:17-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Bree
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Elzy
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,298
Liabilities
$3,641
Net assets
$657
Revenue
$144,470
Expenses
$143,813
Net income
$657
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