MINDLEAPS

EIN: 202041093 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$1,075,842
Total Expenses
$1,001,025
Total Assets
$626,142
Net Assets
$598,565
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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
PA
Principal Officer
REBECCA DAVIS
Phone
6469021295
Tax Period
2023-01-01 to 2023-12-31

MINDLEAPS, founded in 2005, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2023. Expenses of $1.0M left a modest 7% surplus.

Mission

MINDLEAPS CREATES EDUCATIONAL PATHS FOR CHILDREN AND YOUTH THROUGH THE CREATIVE ARTS AND 21ST CENTURY SKILLS BUILT ON DATA-DRIVEN METRICS.

Program Service Accomplishments

Program 1
Expenses: $237,396

IN FY23, MINDLEAPS GUINEA SERVED 160 AT-RISK CHILDREN DAILY AT THE MINDLEAPS CENTER IN NONGO, CONAKRY. THERE WERE 80 OUT-OF-SCHOOL CHILDREN AND 80 SCHOOL-SPONSORED CHILDREN THAT PARTICIPATED IN ARTS...

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IN FY23, MINDLEAPS GUINEA SERVED 160 AT-RISK CHILDREN DAILY AT THE MINDLEAPS CENTER IN NONGO, CONAKRY. THERE WERE 80 OUT-OF-SCHOOL CHILDREN AND 80 SCHOOL-SPONSORED CHILDREN THAT PARTICIPATED IN ARTS AND ACADEMIC PROGRAMMING FROM MONDAY THROUGH SATURDAY, YEAR-ROUND. BREAKFAST AND LUNCH MEALS WERE SERVED DAILY, AND 237 CHILDREN WERE SUPPORTED IN FORMAL EDUCATION WITH SCHOOL SUPPLIES AND TUITION FEES. THE FAMILY STRENGTHENING PROGRAM ORGANIZED SINGLE MOTHERS INTO SAVINGS AND LOANS GROUPS TO SUPPORT IMPROVED LIVELIHOODS AND ECONOMIC WELL-BEING IN THE COMMUNITY. MINDLEAPS GUINEA HOSTED SEVERAL HIGH LEVEL VISITORS, INCLUDING US AMBASSADOR FITRELL AND BROADWAY'S APOLLO LEVINE (MJ: THE MUSICAL).

Program 2
Expenses: $164,049

MINDLEAPS OPERATED IN FIVE DIFFERENT LOCATIONS IN RWANDA AND SERVED 1,090 CHILDREN AND FAMILIES IN FY23. CHILDREN PARTICIPATED IN A DANCE PROGRAM TO DEVELOP COGNITIVE SKILLS AND IMPROVE EMOTIONAL...

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MINDLEAPS OPERATED IN FIVE DIFFERENT LOCATIONS IN RWANDA AND SERVED 1,090 CHILDREN AND FAMILIES IN FY23. CHILDREN PARTICIPATED IN A DANCE PROGRAM TO DEVELOP COGNITIVE SKILLS AND IMPROVE EMOTIONAL REGULATION. THERE WERE 121 CHILDREN SPONSORED TO ATTEND BOARDING SCHOOLS AND FORMAL EDUCATION. ANOTHER 230 CHILDREN ACCESSED TUTORING SERVICES AT THE MINDLEAPS CENTER IN KIGALI. MINDLEAPS OPERATED A PROGRAM FOR DIFFERENTLY-ABLED CHILDREN IN THE NORTHWESTERN PART OF THE COUNTRY AND CONTINUED ITS PROGRAMMING IN THREE REFUGEE CAMPS: MUGOMBWA, KIZIBA AND MAHAMA REFUGEE CAMPS. IN KIGALI, MINDLEAPS HELPED 230 FAMILIES IMPROVE THEIR LIVELIHOODS AND INCREASE THEIR EARNING POWER BY SUPPORTING SAVINGS AND LOANS GROUPS AND FUNDING SMALL BUSINESSES.

Program 3
Expenses: $131,545

MINDLEAPS OPERATED IN KAMPALA, THE CAPITAL CITY, AS WELL AS IN ORUCHINGA REFUGEE SETTLEMENT. IN TOTAL, 582 AT-RISK CHILDREN AND YOUTH COMPLETED 72 HOURS OF TRAINING IN THE MINDLEAPS DANCE PROGRAM TO...

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MINDLEAPS OPERATED IN KAMPALA, THE CAPITAL CITY, AS WELL AS IN ORUCHINGA REFUGEE SETTLEMENT. IN TOTAL, 582 AT-RISK CHILDREN AND YOUTH COMPLETED 72 HOURS OF TRAINING IN THE MINDLEAPS DANCE PROGRAM TO IMPROVE COGNITIVE AND SOCIAL-EMOTIONAL LEARNING SKILLS. THE CHILDREN ALSO RECEIVED FOOD SUPPLEMENTS AFTER EACH CLASS. AN ADDITIONAL 142 CHILDREN WERE SPONSORED IN FORMAL EDUCATION. MINDLEAPS UGANDA ALSO LAUNCHED ITS FAMILY STRENGTHENING PROGRAM IN BOTH ORUCHINGA AND KAMPALA TO HELP 89 PARENTS COMPLETE 6 MONTHS OF BUSINESS TRAINING AND ACCESS SEED LOANS TO START INCOME-GENERATING PROJECTS.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,072,720
Program Service Revenue $2,233
Investment Income $889
Other Revenue $0
TOTAL REVENUE $1,075,842

Expense Breakdown

Grants Paid $0
Salaries & Benefits $535,122
Fundraising Expenses $48,269
Program Expenses $823,152
Other Expenses $465,903
TOTAL EXPENSES $1,001,025

Year-over-Year Comparison

2023 2022 Change
Revenue $1,075,842 $1,100,112 0.0%
Expenses $1,001,025 $1,005,756 0.0%
Net Income $74,817 $94,356 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
11
Employees
3
Volunteers
15

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$75,000
Total Directors
12
$75,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REBECCA DAVIS EXECUTIVE DIRECTOR 50.00
Officer Director
$75,000 $0 $75,000
MICHAEL MAGUIRE VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
KATIE BAKARICH TREASURER 5.00
Officer Director
$0 $0 $0
CATHERINE SMITH TRUSTEE 5.00
Director
$0 $0 $0
LAMAR BAYLOR TRUSTEE 5.00
Director
$0 $0 $0
RAMIE ARIAN CHAIRPERSON 5.00
Officer Director
$0 $0 $0
DAVID HARTMAN SECRETARY 5.00
Officer Director
$0 $0 $0
ROBYN MCLEOD TRUSTEE 5.00
Director
$0 $0 $0
HANA GINSBURG TIROSH TRUSTEE 5.00
Director
$0 $0 $0
JOANNE HILL TRUSTEE 5.00
Director
$0 $0 $0
KADY SYLLA TRUSTEE 5.00
Director
$0 $0 $0
ROGER WEBB TRUSTEE 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,075,842 $1,001,025 $626,142 $74,817
2022 $1,100,112 $1,005,756 $574,079 $94,356
2021 $1,150,141 $791,975 $474,737 $358,166
2020 $675,743 $620,571 $165,718 $55,172
2019 $567,543 $635,177 $58,218 $-67,634
2018 $457,677 $458,448 $89,023 $-771
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