Big Minds Little Hearts
EIN: 825261068 · Jackson, MS · NTEE: B21
| Metric | Value |
|---|---|
| Total Expenses | $169K |
| Net Assets | $0 |
Is Big Minds Little Hearts Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Big Minds Little Hearts
Big Minds Little Hearts (EIN: 825261068) is a nonprofit organization based in Jackson, MS, classified under NTEE code B21. The organization reported total revenue of $0 and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Big Minds Little Hearts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Big Minds Little Hearts is a small nonprofit that has been operating for 5 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -30.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $308K |
| Total Expenses | $169K |
| Surplus / Deficit | +$138K |
| Total Assets | $1 |
| Total Liabilities | $1 |
| Net Assets | $0 |
| Operating Margin | 45.0% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: B
In 2023, Big Minds Little Hearts reported a surplus of $138K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), Big Minds Little Hearts's revenue has declined at a compound annual growth rate (CAGR) of -30.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.1% | -13.4% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Big Minds Little Hearts has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Big Minds Little Hearts with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $138K, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Big Minds Little Hearts
Is Big Minds Little Hearts a legitimate charity?
Based on AI analysis of IRS 990 filings, Big Minds Little Hearts (EIN: 825261068) insufficient data. 0 red flags identified, 0 strengths noted.
How does Big Minds Little Hearts spend its money?
Detailed spending breakdown data is not yet available for Big Minds Little Hearts. Check back for updated IRS 990 analysis.
Are donations to Big Minds Little Hearts tax-deductible?
Big Minds Little Hearts is registered as a tax-exempt nonprofit (EIN: 825261068). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Big Minds Little Hearts located?
Big Minds Little Hearts is headquartered in Jackson, Mississippi and files with the IRS under EIN 825261068. It is classified under NTEE code B21.
How many years of IRS 990 filings does Big Minds Little Hearts have?
Big Minds Little Hearts has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Big Minds Little Hearts showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Big Minds Little Hearts's revenue has declined by 30.1%, moving from $441K to $308K. Total assets decreased by 100% over the same period, from $2K to $1. Total functional expenses fell by 13.4%, from $196K to $169K. In its most recent filing year (2023), Big Minds Little Hearts reported a surplus of $138K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1 in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $308K | $169K | $1 | $1 | — | View 990 |
| 2022 | $441K | $196K | $2K | $1 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Big Minds Little Hearts:
Data Sources and Methodology
This transparency report for Big Minds Little Hearts 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.