Marshmallow Minds FY2024 filing
Ignites lifelong learning by providing engaging STEAM lessons and teacher training. For fiscal year 2024 it reported $214K in revenue, $330K in expenses, and $80K in net assets.Pt I
- Founded
- 2016
- Type
- Public charity (501(c)(3)) · Education
- Location
- Sunnyvale, CA
- Website
- www.marshmallowminds.org
- Filings
- 6 on file (2020–2024)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
Free Outreach In-School Program
Marshmallow Minds partners with Title-1 schools that serve children from under-resourced communities and offers free in-school STEAM education services.
After-School and Summer Fee-Based Program
Marshmallow Minds partners with schools and offers after-school and summer STEAM education services for a fee.
Fee-Based In-School Program
Marshmallow Minds partners with schools and offers in-school STEAM education services for a fee.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Harini Senthilvasan’s $60K as CEO is at the 52nd percentile of top reported officer pay among 1616 $100K–1M 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
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Harini Senthilvasan | $60,000 | $93,000 | $64,500 | — | — | — |
| Harini Senthilvasan | — | — | — | $34,500 | $30,000 | $24,000 |
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.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 91% | — | — |
| Overhead ratio | 8% | — | — |
| Fundraising cost ratio | 2% | — | — |
| Revenue growth | -34% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0.09% | — | — |
| Accounting fee ratio | 0.9% | — | — |
| Fundraising fee ratio | 1.0% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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