Academy At Minds In Motion
Academy At Minds In Motion shows consistent revenue growth and strong asset base with no reported officer compensation.
EIN: 203713678 · Springboro, OH · NTEE: B240 · Updated: 2026-03-28
Is Academy At Minds In Motion Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Academy At Minds In Motion directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Academy At Minds In Motion
Academy At Minds In Motion (EIN: 203713678) is a nonprofit organization based in Springboro, OH, classified under NTEE code B240. The organization reported total revenue of $2.6M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Academy At Minds In Motion's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Academy At Minds In Motion with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Academy At Minds In Motion allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership may be entirely volunteer-based or compensated through non-officer roles, which is unusual for an organization with over $2.6 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Academy At Minds In Motion's IRS 990 filings:
- 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
The following positive indicators were identified for Academy At Minds In Motion:
- 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.
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) some concerns. Mission Score: 88/100. 2 red flags identified, 5 strengths noted.
How does Academy At Minds In Motion spend its money?
Academy At Minds In Motion directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Academy At Minds In Motion tax-deductible?
Academy At Minds In Motion is registered as a tax-exempt nonprofit (EIN: 203713678). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Academy At Minds In Motion a good charity?
Based on the available financial data, Academy At Minds In Motion appears to be a financially stable and growing organization. Its consistent revenue growth, strong asset base relative to liabilities, and absence of reported officer compensation are positive indicators. However, a full assessment would require detailed program spending breakdowns.
How has the organization's financial health changed over the last decade?
The organization has shown significant financial growth over the last decade. Revenue increased from $992,283 in 2014 to $2,614,337 in 2023, and assets grew from $1,729,313 to $2,086,731. Liabilities have also been significantly reduced from a peak of $743,675 in 2020 to $17,219 in 2023, indicating improved financial management and solvency.
What is the significance of 0% officer compensation?
0% officer compensation suggests that the organization's top leadership (officers) are not receiving salaries or other compensation reported in this specific line item on the 990. This could mean they are volunteers, or their compensation is categorized differently, which could be a strength in terms of directing funds to programs, but also warrants further inquiry for complete transparency.
Filing History
IRS 990 filing history for Academy At Minds In Motion showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Academy At Minds In Motion's revenue has grown by 250.6%, moving from $746K to $2.6M. Total assets increased by 186.1% over the same period, from $729K to $2.1M. Total functional expenses rose by 403.3%, from $533K to $2.7M. In its most recent filing year (2023), Academy At Minds In Motion reported a deficit of $67K, with expenses exceeding revenue. The organization holds $17K in liabilities against $2.1M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.7M | $2.1M | $17K | — | — |
| 2022 | $2.4M | $2.3M | $2.1M | $401 | — | View 990 |
| 2021 | $2.3M | $1.9M | $2.6M | $432K | — | View 990 |
| 2020 | $1.8M | $1.7M | $2.6M | $744K | — | View 990 |
| 2019 | $1.9M | $1.8M | $2.2M | $458K | — | View 990 |
| 2018 | $1.8M | $1.7M | $2.1M | $497K | — | View 990 |
| 2017 | $1.4M | $1.2M | $2.0M | $574K | — | View 990 |
| 2016 | $1.1M | $1.0M | $1.9M | $565K | — | View 990 |
| 2015 | $1.1M | $950K | $1.8M | $568K | — | View 990 |
| 2014 | $992K | $957K | $1.7M | $564K | — | View 990 |
| 2013 | $919K | $762K | $1.7M | $576K | — | View 990 |
| 2012 | $804K | $562K | $1.2M | $256K | — | View 990 |
| 2011 | $746K | $533K | $729K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.7M, and assets of $2.1M (revenue +9.3% year-over-year).
- 2022: Revenue of $2.4M, expenses of $2.3M, and assets of $2.1M (revenue +6.2% year-over-year).
- 2021: Revenue of $2.3M, expenses of $1.9M, and assets of $2.6M (revenue +21.8% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.7M, and assets of $2.6M (revenue -4.8% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.8M, and assets of $2.2M (revenue +5.9% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.7M, and assets of $2.1M (revenue +30.6% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.2M, and assets of $2.0M (revenue +31.5% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.0M, and assets of $1.9M (revenue +1.4% year-over-year).
- 2015: Revenue of $1.1M, expenses of $950K, and assets of $1.8M (revenue +6.1% year-over-year).
- 2014: Revenue of $992K, expenses of $957K, and assets of $1.7M (revenue +8.0% year-over-year).
- 2013: Revenue of $919K, expenses of $762K, and assets of $1.7M (revenue +14.3% year-over-year).
- 2012: Revenue of $804K, expenses of $562K, and assets of $1.2M (revenue +7.9% year-over-year).
- 2011: Revenue of $746K, expenses of $533K, and assets of $729K.
Data Sources and Methodology
This transparency report for Academy At Minds In Motion is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.