Minds In Motion Initiative
EIN: 873851118 · Salem, OR · NTEE: E60
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $1.9M |
| Net Assets | $124K |
Is Minds In Motion Initiative Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Minds In Motion Initiative
Minds In Motion Initiative (EIN: 873851118) is a nonprofit organization based in Salem, OR, classified under NTEE code E60. The organization reported total revenue of $2.2M and total assets of $336K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minds In Motion Initiative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minds In Motion Initiative is a mid-size nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 75.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-34,723 |
| Total Assets | $232K |
| Total Liabilities | $108K |
| Net Assets | $124K |
| Operating Margin | -1.9% |
| Debt-to-Asset Ratio | 46.5% |
| Months of Reserves | 1.5 months |
Financial Health Grade: C
In 2023, Minds In Motion Initiative reported a deficit of $35K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 46.5% (moderate leverage).
Financial Trends
Over 3 years of filings (2021–2023), Minds In Motion Initiative's revenue has grown at a compound annual growth rate (CAGR) of 75.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +253.3% | +96.6% | -27.9% |
| 2022 | -12.5% | — | -46.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Minds In Motion Initiative 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 Minds In Motion Initiative 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 deficit of $35K, with expenses exceeding revenue.
- Debt-to-asset ratio: 46.5%.
Frequently Asked Questions about Minds In Motion Initiative
Is Minds In Motion Initiative a legitimate charity?
Minds In Motion Initiative (EIN: 873851118) is a registered tax-exempt nonprofit based in Oregon. It has 3 years of IRS 990 filings on record. Total revenue: $2.2M. No red flags identified. Financial health grade: C.
How does Minds In Motion Initiative spend its money?
Minds In Motion Initiative reported $2.2M in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Minds In Motion Initiative tax-deductible?
Minds In Motion Initiative is registered as a tax-exempt nonprofit (EIN: 873851118). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Minds In Motion Initiative located?
Minds In Motion Initiative is headquartered in Salem, Oregon and files with the IRS under EIN 873851118. It is classified under NTEE code E60.
How many years of IRS 990 filings does Minds In Motion Initiative have?
Minds In Motion Initiative has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $2.2M in total revenue.
Filing History
IRS 990 filing history for Minds In Motion Initiative showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Minds In Motion Initiative's revenue has grown by 209.1%, moving from $600K to $1.9M. Total assets decreased by 61.3% over the same period, from $600K to $232K. In its most recent filing year (2023), Minds In Motion Initiative reported a deficit of $35K, with expenses exceeding revenue. The organization holds $108K in liabilities against $232K in assets (debt-to-asset ratio: 46.5%), resulting in net assets of $124K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.9M | $232K | $108K | — | View 990 |
| 2022 | $525K | $961K | $322K | $159K | — | View 990 |
| 2021 | $600K | $0 | $600K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.9M, and assets of $232K (revenue +253.3% year-over-year).
- 2022: Revenue of $525K, expenses of $961K, and assets of $322K (revenue -12.5% year-over-year).
- 2021: Revenue of $600K, expenses of $0, and assets of $600K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minds In Motion Initiative:
Data Sources and Methodology
This transparency report for Minds In Motion Initiative 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.