Is Academy At Minds In Motion Legit?

Quick charity verification for Academy At Minds In Motion (EIN: 203713678)

Verdict: Academy At Minds In Motion appears trustworthy

88/100Mission Score

$2.6MRevenue

$2.1MAssets

2Red Flags

5Strengths

Red Flags

Lack of detailed expense breakdown (program, admin, fundraising) in provided data prevents precise efficiency analysis.
Slight deficit in 2023 ($2,614,337 revenue vs. $2,681,427 expenses) warrants monitoring, though offset by strong assets.

Strengths

Consistent revenue growth, increasing from $992,283 in 2014 to $2,614,337 in 2023.
Strong asset base ($2,086,731 in 2023) significantly exceeding liabilities ($17,219 in 2023).
Remarkable reduction in liabilities from $743,675 in 2020 to $17,219 in 2023, indicating excellent financial management.
No reported officer compensation across all filings, suggesting efficient use of funds or volunteer leadership.
Long and consistent filing history (13 filings) demonstrates commitment to transparency.

Spending Breakdown

How Academy At Minds In Motion allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Academy At Minds In Motion

Is Academy At Minds In Motion a legitimate charity?

Based on AI analysis of IRS 990 filings, Academy At Minds In Motion (EIN: 203713678) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 5 strengths noted.

Is Academy At Minds In Motion a good charity to donate to?

Academy At Minds In Motion has a Mission Score of 88/100. Revenue: $2.6M. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Academy At Minds In Motion?

The Employer Identification Number (EIN) for Academy At Minds In Motion is 203713678. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Academy At Minds In Motion spend its money?

Academy At Minds In Motion allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Academy At Minds In Motion's tax-exempt status?

You can verify Academy At Minds In Motion's tax-exempt status using EIN 203713678 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Academy At Minds In Motion demonstrates consistent growth in revenue and assets over the past decade, indicating a stable financial trajectory. In the latest filing period (202312), the organization reported revenues of $2,614,337 against expenses of $2,681,427, resulting in a slight deficit for the year. However, this is offset by a healthy asset base of $2,086,731, significantly exceeding its liabilities of $17,219, suggesting strong financial solvency. The organization's NTEE code B240 (Elementary & Secondary Schools) aligns with its mission, and the absence of reported officer compensation across all filings suggests a volunteer-led or very lean executive structure, which can be a positive indicator of resource allocation directly to programs.

While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the overall financial health appears robust, with assets consistently growing from $1,729,313 in 2014 to over $2 million in recent years. The organization's ability to manage liabilities, which have significantly decreased from a high of $743,675 in 2020 to a mere $17,219 in 2023, is a strong indicator of sound financial management. The consistent growth in revenue, from under $1 million in 2014 to over $2.6 million in 2023, reflects increasing support and operational scale.

Transparency is generally good given the consistent filing history. The lack of reported officer compensation is a notable aspect, suggesting that leadership may be unpaid or compensated through other means not captured in this specific line item, which could be further investigated for a complete picture of executive costs. Overall, the organization appears to be financially sound and growing, with a strong asset-to-liability ratio.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.