Keep Sound Minds
EIN: 262304405 · Brentwood, NH
| Metric | Value |
|---|---|
| Total Expenses | $20K |
| Net Assets | $15K |
Is Keep Sound Minds Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Keep Sound Minds
Keep Sound Minds (EIN: 262304405) is a nonprofit organization based in Brentwood, NH. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Keep Sound Minds's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Keep Sound Minds is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 15.8%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $20K |
| Surplus / Deficit | $-5,144 |
| Total Assets | $15K |
| Net Assets | $15K |
| Operating Margin | -35.5% |
| Months of Reserves | 9.3 months |
Financial Health Grade: B
In 2015, Keep Sound Minds reported a deficit of $5K with expenses exceeding revenue, holds 9.3 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2011–2015), Keep Sound Minds's revenue has grown at a compound annual growth rate (CAGR) of 15.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +25.2% | +75.5% | -25.3% |
| 2014 | -32.6% | -43.1% | +2.0% |
| 2013 | +41.6% | +140.8% | -11.1% |
| 2012 | +50.4% | -59.4% | +21.6% |
AI Analysis Pending
AI enrichment for Keep Sound Minds 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 Keep Sound Minds 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
Frequently Asked Questions about Keep Sound Minds
Is Keep Sound Minds a legitimate charity?
Based on AI analysis of IRS 990 filings, Keep Sound Minds (EIN: 262304405) insufficient data. 0 red flags identified, 0 strengths noted.
How does Keep Sound Minds spend its money?
Detailed spending breakdown data is not yet available for Keep Sound Minds. Check back for updated IRS 990 analysis.
Are donations to Keep Sound Minds tax-deductible?
Keep Sound Minds is registered as a tax-exempt nonprofit (EIN: 262304405). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Keep Sound Minds located?
Keep Sound Minds is headquartered in Brentwood, New Hampshire and files with the IRS under EIN 262304405.
How many years of IRS 990 filings does Keep Sound Minds have?
Keep Sound Minds has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Keep Sound Minds showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Keep Sound Minds's revenue has grown by 79.6%, moving from $8K to $15K. Total assets decreased by 17.7% over the same period, from $18K to $15K. Total functional expenses fell by 2.3%, from $20K to $20K. In its most recent filing year (2015), Keep Sound Minds reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $15K | $20K | $15K | $0 | — | View 990 |
| 2014 | $12K | $11K | $20K | $0 | — | View 990 |
| 2013 | $17K | $20K | $20K | $0 | — | View 990 |
| 2012 | $12K | $8K | $22K | $0 | — | View 990 |
| 2011 | $8K | $20K | $18K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $15K, expenses of $20K, and assets of $15K (revenue +25.2% year-over-year).
- 2014: Revenue of $12K, expenses of $11K, and assets of $20K (revenue -32.6% year-over-year).
- 2013: Revenue of $17K, expenses of $20K, and assets of $20K (revenue +41.6% year-over-year).
- 2012: Revenue of $12K, expenses of $8K, and assets of $22K (revenue +50.4% year-over-year).
- 2011: Revenue of $8K, expenses of $20K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Keep Sound Minds:
Data Sources and Methodology
This transparency report for Keep Sound Minds 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.