Is Academy At Minds In Motion Legit?

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.