Foundation For The Awakening Mind
EIN: 311644524 · Duchesne, UT · NTEE: X83
| Metric | Value |
|---|---|
| Total Revenue | $33K |
| Total Expenses | $101K |
| Net Assets | $1.0M |
Is Foundation For The Awakening Mind Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Foundation For The Awakening Mind
Foundation For The Awakening Mind (EIN: 311644524) is a nonprofit organization based in Duchesne, UT, classified under NTEE code X83. The organization reported total revenue of $33K and total assets of $986K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For The Awakening Mind's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation For The Awakening Mind is a micro nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 27.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $568K |
| Total Expenses | $101K |
| Surplus / Deficit | +$467K |
| Total Assets | $1.1M |
| Total Liabilities | $2K |
| Net Assets | $1.0M |
| Operating Margin | 82.1% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 124.4 months |
Financial Health Grade: A
In 2023, Foundation For The Awakening Mind reported a surplus of $467K with revenue exceeding expenses, holds 124.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Foundation For The Awakening Mind's revenue has grown at a compound annual growth rate (CAGR) of 27.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +547.1% | +88.7% | +79.1% |
| 2022 | -20.4% | +32.2% | +6.8% |
| 2021 | +158.1% | -12.4% | +14.6% |
| 2020 | -72.9% | -72.8% | -1.2% |
| 2019 | -46.3% | -14.4% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Foundation For The Awakening Mind 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 Foundation For The Awakening Mind 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 $467K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Foundation For The Awakening Mind
Is Foundation For The Awakening Mind a legitimate charity?
Based on AI analysis of IRS 990 filings, Foundation For The Awakening Mind (EIN: 311644524) insufficient data. 0 red flags identified, 0 strengths noted.
How does Foundation For The Awakening Mind spend its money?
Detailed spending breakdown data is not yet available for Foundation For The Awakening Mind. Check back for updated IRS 990 analysis.
Are donations to Foundation For The Awakening Mind tax-deductible?
Foundation For The Awakening Mind is registered as a tax-exempt nonprofit (EIN: 311644524). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Foundation For The Awakening Mind located?
Foundation For The Awakening Mind is headquartered in Duchesne, Utah and files with the IRS under EIN 311644524. It is classified under NTEE code X83.
How many years of IRS 990 filings does Foundation For The Awakening Mind have?
Foundation For The Awakening Mind has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $33K in total revenue.
Filing History
IRS 990 filing history for Foundation For The Awakening Mind showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Foundation For The Awakening Mind's revenue has grown by 1804.9%, moving from $30K to $568K. Total assets increased by 518.7% over the same period, from $170K to $1.1M. Total functional expenses rose by 147.8%, from $41K to $101K. In its most recent filing year (2023), Foundation For The Awakening Mind reported a surplus of $467K, with revenue exceeding expenses. The organization holds $2K in liabilities against $1.1M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $568K | $101K | $1.1M | $2K | — | — |
| 2022 | $88K | $54K | $587K | $4K | — | — |
| 2021 | $110K | $41K | $550K | $1K | — | View 990 |
| 2020 | $43K | $46K | $480K | $431 | — | View 990 |
| 2019 | $158K | $171K | $486K | $2K | — | View 990 |
| 2018 | $294K | $199K | $499K | $3K | — | View 990 |
| 2017 | $230K | $164K | $402K | $556 | — | — |
| 2016 | $35K | $66K | $336K | $444 | — | View 990 |
| 2015 | $20K | $32K | $367K | $0 | — | View 990 |
| 2014 | $177K | $58K | $379K | $0 | — | — |
| 2013 | $113K | $58K | $274K | $0 | — | View 990 |
| 2012 | $105K | $56K | $220K | $0 | — | View 990 |
| 2011 | $30K | $41K | $170K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $568K, expenses of $101K, and assets of $1.1M (revenue +547.1% year-over-year).
- 2022: Revenue of $88K, expenses of $54K, and assets of $587K (revenue -20.4% year-over-year).
- 2021: Revenue of $110K, expenses of $41K, and assets of $550K (revenue +158.1% year-over-year).
- 2020: Revenue of $43K, expenses of $46K, and assets of $480K (revenue -72.9% year-over-year).
- 2019: Revenue of $158K, expenses of $171K, and assets of $486K (revenue -46.3% year-over-year).
- 2018: Revenue of $294K, expenses of $199K, and assets of $499K (revenue +28.1% year-over-year).
- 2017: Revenue of $230K, expenses of $164K, and assets of $402K (revenue +560.8% year-over-year).
- 2016: Revenue of $35K, expenses of $66K, and assets of $336K (revenue +75.4% year-over-year).
- 2015: Revenue of $20K, expenses of $32K, and assets of $367K (revenue -88.8% year-over-year).
- 2014: Revenue of $177K, expenses of $58K, and assets of $379K (revenue +57.2% year-over-year).
- 2013: Revenue of $113K, expenses of $58K, and assets of $274K (revenue +6.9% year-over-year).
- 2012: Revenue of $105K, expenses of $56K, and assets of $220K (revenue +252.8% year-over-year).
- 2011: Revenue of $30K, expenses of $41K, and assets of $170K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation For The Awakening Mind:
Data Sources and Methodology
This transparency report for Foundation For The Awakening Mind 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.