Minddrive Incorporated FY2023 filing

Tax-deductible

Kansas City, MO501(c)(3)EducationEIN 27-3644498

To inspire students to learn through mentoring and project-based learning, to expand students' vision of the future and to encourage students to be a positive influence in the community.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$97K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $81K a year · 11% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$97K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $156K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$46K
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
19
of 19 voting members
Looks good: 19 of 19 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
+30% vs prior year
Spent
$1.1M
To programs
80%
Net assets
$346K
By yearFY2020–FY2024
Revenue
$1.1M
FY2023▲ +30%
Revenue by fiscal year
FY2020$405K
FY2021$671K
FY2022$874K
FY2023$1.1M
FY2024$6K
Expenses
$1.1M
FY2023▲ +36%
Expenses by fiscal year
FY2020$359K
FY2021$475K
FY2022$814K
FY2023$1.1M
FY2024Not on file
Net assets
$346K
FY2023▲ +7%
Net assets by fiscal year
FY2020$67K
FY2021$264K
FY2022$323K
FY2023$346K
FY2024−$296K

From the FY2023 Form 990 (year ending July 2023) · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $886K Management & general 13% · $148K Fundraising 7% · $77K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

21 people listed on the 990; $97K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Di
$96,621Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Chair Emerit
$0Pt VII · Sec A
Development
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Mike Enos’s $97K as Executive Di is at the 95th percentile of top reported officer pay among 146 <$100K education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Mike Enos$96,621—$70,665$75,965
Mike Enos—$77,610——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Minddrive Incorporated executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Inspires students to learn through mentoring and projects, expanding their future vision and encouraging community influence.

Provided by the organization

This section is blank until Minddrive Incorporated claims this page.

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1 program service account for $886K of program spending, described in the organization's own filed words · FY2022.
01

Provided educational stem focused after-school programs and summer programming to over 150 high school students around the kansas city metro area. The organization serves students who are in need of educational intervention and lack adequate support for their growth and development.

$886Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 8 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$1.0M
Fees for servicesLn 2g$113K
Investment incomeLn 3$1
Money outPt IX
$1.1M
Ln 25
Programscol B$886K
Managementcol C$148K
Fundraisingcol D$77K
Owns and owesPt X
$346K
net assets · Ln 32
Cash and savingsLn 1–2$145K
Total assetsLn 16$392K
LiabilitiesLn 26$46K
PeoplePt VI, VII
21
listed · VII A
PaidVII A1
Voting boardVI 1a19
IndependentVI 1b19
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.0M
Fundraising eventsLn 1c$70K
Fees for servicesLn 2g$113K
Investment incomeLn 3$1
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$145K
SavingsLn 2$84
Cash and savings togetherLn 1–2$145K
Land, buildings, equipmentLn 10c$11K
Total assetsLn 16$392K
LiabilitiesLn 26$46K
Net assetsLn 32$346K
OperationsPt I, VI
EmployeesI 53
VolunteersI 650
Fiscal year endsHeaderJuly
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$187K$145K
Land, buildings, equipmentLn 10c$12K$11K
Total assetsLn 16$347K$392K
LiabilitiesLn 26$24K$46K
Net assetsLn 32$323K$346K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$97K$97K
Other salaries and wagesLn 7$514K$371K$92K$52K
Other employee benefitsLn 9$25K$14K$6K$4K
Payroll taxesLn 10$52K$41K$8K$4K
Accounting feesLn 11c$27K$27K
Professional fundraising feesLn 11e$11K$11K
Other fees for servicesLn 11g$24K$24K$375
Advertising and promotionLn 12$166$166
Office expensesLn 13$18K$9K$8K$481
Information technologyLn 14$12K$7K$2K$3K
OccupancyLn 16$53K$51K$1K$457
TravelLn 17$27K$27K$24
Depreciation, depletion and amortizationLn 22$4K$3K$570$320
InsuranceLn 23$14K$11K$2K$1K
Other expenses (24a–d)Ln 24$233K$233K
Total functional expensesLn 25$1.1M$886K$148K$77K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $6K−$296K 990 PDF
FY2023 Viewing $1.1M$1.1M$23K$346K 990 PDF
FY2022 $874K$814K$60K$323K 990 PDF
FY2021 $671K$475K$196K$264K 990 PDF
FY2020 $405K$359K$45K$67K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $1,133,569 across 8 lines filed
VIII-1a Federated campaigns$785
VIII-1c Fundraising events$70,150
VIII-1f All other contributions, gifts and grants$953,715
VIII-1h Total contributions, gifts and grants$1,024,650
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $112,750$112,750
VIII-3 Investment incomeExcluded from tax $1$1
VIII-8 Net income from fundraising eventsExcluded from tax −$3,832−$3,832
VIII-12 Total revenueRelated to mission $112,750 · Excluded from tax −$3,831$1,133,569
Part IX · Statement of functional expenses $1,111,000 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $96,621$96,621
IX-7 Other salaries and wagesPrograms $370,546 · Management $92,337 · Fundraising $51,571$514,454
IX-9 Other employee benefitsPrograms $13,927 · Management $6,496 · Fundraising $4,162$24,585
IX-10 Payroll taxesPrograms $40,598 · Management $7,602 · Fundraising $3,955$52,155
IX-11c Accounting feesManagement $27,456$27,456
IX-11e Professional fundraising feesFundraising $11,225$11,225
IX-11g Other fees for servicesPrograms $23,945 · Management $375$24,320
IX-12 Advertising and promotionPrograms $166$166
IX-13 Office expensesPrograms $9,014 · Management $8,225 · Fundraising $481$17,720
IX-14 Information technologyPrograms $6,876 · Management $1,642 · Fundraising $3,231$11,749
IX-16 OccupancyPrograms $51,010 · Management $1,372 · Fundraising $457$52,839
IX-17 TravelPrograms $26,894 · Management $24$26,918
IX-22 Depreciation, depletion and amortizationPrograms $3,170 · Management $570 · Fundraising $320$4,060
IX-23 InsurancePrograms $10,865 · Management $2,132 · Fundraising $1,193$14,190
IX-24 Other expenses (24a–d)Programs $232,542$232,542
IX-25 Total functional expensesPrograms $886,174 · Management $148,231 · Fundraising $76,595$1,111,000
Part X · Balance sheet $392,385 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $187,055$144,923
X-2 Savings and temporary cash investmentsStart of year $83$84
X-3 Pledges and grants receivableStart of year $142,503$222,969
X-8 Inventories for sale or useStart of year $5,210$5,210
X-9 Prepaid expenses and deferred charges$8,462
X-10c Land, buildings and equipment, netStart of year $12,252$10,737
X-16 Total assetsStart of year $347,103$392,385
X-17 Accounts payable and accrued expensesStart of year $23,734$46,447
X-26 Total liabilitiesStart of year $23,734$46,447
X-27 Net assets without donor restrictionsStart of year $88,221$114,378
X-28 Net assets with donor restrictionsStart of year $235,148$231,560
X-32 Total net assets or fund balancesStart of year $323,369$345,938
X-33 Total liabilities and net assetsStart of year $347,103$392,385
Part XI · Reconciliation of net assets $345,938 net assets at year end
XI-1 Total revenue$1,133,569
XI-2 Total expenses$1,111,000
XI-3 Revenue less expenses$22,569
XI-4 Net assets at start of year$323,369
XI-10 Net assets at end of year$345,938

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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