INDIANAPOLIS, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE MIND TRUST INC, founded in 2006, is a mid-sized nonprofit in the Education sector that reported $57.9M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $22.3M, a strong 39% operating margin.
THE MIND TRUST STRIVES TO PROVIDE EVERY STUDENT IN INDIANAPOLIS AND BEYOND WITH ACCESS TO AN EXCELLENT EDUCATION.
THE MIND TRUST'S INDIANAPOLIS-BASED TEAM IS PASSIONATE ABOUT IMPROVING EDUCATION AND LIFE OUTCOMES FOR K-12 STUDENTS IN INDIANAPOLIS AND BEYOND. THE MIND TRUST ACHIEVES ITS GOALS BY EXECUTING ON WORK...
THE MIND TRUST'S INDIANAPOLIS-BASED TEAM IS PASSIONATE ABOUT IMPROVING EDUCATION AND LIFE OUTCOMES FOR K-12 STUDENTS IN INDIANAPOLIS AND BEYOND. THE MIND TRUST ACHIEVES ITS GOALS BY EXECUTING ON WORK IN THE FOLLOWING AREAS: GROWING GREAT SCHOOLS: THE MIND TRUST HAS SUPPORTED THE LAUNCH OF OVER 50 HIGH-QUALITY PUBLIC SCHOOLS IN INDIANAPOLIS. THE MIND TRUST CONTINUES TO SUPPORT THE GROWTH OF HIGH-QUALITY PUBLIC SCHOOLS THROUGH FELLOWSHIPS AND INVESTMENTS IN SCHOOLS AND NETWORKS THAT HAVE PROVEN RESULTS FOR STUDENTS. SUPPORTING EXISTING SCHOOLS: THE MIND TRUST MANAGES INVESTMENTS AND PARTNERSHIPS TO FOSTER COLLABORATIVE LEARNING, INCREASE STUDENT ACHIEVEMENT, AND ENSURE OPERATIONAL EXCELLENCE FOR A COMMUNITY OF MORE THAN 60 INDIANAPOLIS CHARTER AND INNOVATION NETWORK SCHOOLS. ENGAGING THE COMMUNITY: GREAT SCHOOLS ARE ESSENTIAL FOR A THRIVING INDIANAPOLIS. THE MIND TRUST IS PROUD TO PROVIDE OPPORTUNITIES FOR PEOPLE IN OUR CITY TO CONNECT WITH SCHOOLS, SUPPORT STUDENTS, AND ADVOCATE TO ENSURE HIGH-QUALITY EDUCATION FOR EVERY STUDENT.
THE MIND TRUST'S TEAM IS FOCUSED ON CREATING AND MANAGING INNOVATIVE PROGRAMS. THE MIND TRUST HAS HELPED DEVELOP AND MANAGE TRANSFORMATIVE PROGRAMS THAT ENHANCE STUDENT LEARNING THROUGH PARTNERSHIPS...
THE MIND TRUST'S TEAM IS FOCUSED ON CREATING AND MANAGING INNOVATIVE PROGRAMS. THE MIND TRUST HAS HELPED DEVELOP AND MANAGE TRANSFORMATIVE PROGRAMS THAT ENHANCE STUDENT LEARNING THROUGH PARTNERSHIPS WITH THE INDIANA DEPARTMENT OF EDUCATION, INCLUDING INDIANA LEARNS, INDY SUMMER LEARNING LABS, AND EXPANDING WHAT WORKS. IN ADDITION, THE MIND TRUST SUPPORTS INDIANAPOLIS PARTNERS TO IMPROVE THE CITY'S EDUCATION ECOSYSTEM AND NATIONAL PARTNERS IN THE DEVELOPMENT OF OTHER CITY PROOF POINTS FOR EDUCATION TRANSITIONS. IN FY25, THE MIND TRUST MANAGED THE INDIANA LEARNS, INDY SUMMER LEARNING LABS, AND EXPANDING WHAT WORKS PROGRAMS AND SUPPORTED A NATIONAL PARTNER TO DESIGN AND FACILITATE THE NORTH STAR FELLOWSHIP IN CONNECTICUT AS A STRATEGY TO MEET THE NEED FOR MORE HIGH-QUALITY PUBLIC SCHOOL OPTIONS IN CONNECTICUT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $57,932,587 | $49,302,138 | +0.2% |
| Expenses | $35,611,037 | $43,542,749 | -0.2% |
| Net Income | $22,321,550 | $5,759,389 | +2.9% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BRANDON BROWN | CEO | 40.00 |
Officer
|
$363,128 | $54,852 | $417,980 |
| LESLIE SHEGOG | EXECUTIVE VP AND COO | 40.00 |
Key Emp
|
$257,084 | $53,383 | $310,467 |
| KRISTIN GRIMME | CHIEF STRATEGY OFFICER | 40.00 |
Key Emp
|
$219,436 | $50,457 | $269,893 |
| CORRIE LAPP | SVP OF FINANCE | 40.00 |
Officer
|
$200,639 | $51,337 | $251,976 |
| PATRICK JONES | SVP LEADERSHIP & EQUITY | 40.00 |
Key Emp
|
$191,784 | $46,239 | $238,023 |
| KELLI MARSHALL | SVP OF SCHOOLS | 40.00 |
Key Emp
|
$183,202 | $25,662 | $208,864 |
| KIMBERLY PRESTON | SVP OF POLICY | 40.00 |
Key Emp
|
$182,540 | $21,728 | $204,268 |
| SEANA MURPHY | SD INDIANA LEARNS | 40.00 |
Highest
|
$140,469 | $4,200 | $144,669 |
| LAUREN PETERSON | VP OF COMMUNITY ENGAGEMENT | 40.00 |
Highest
|
$134,709 | $21,448 | $156,157 |
| LUKE LENNON | SD LEADERSHIP & DEV | 40.00 |
Highest
|
$133,330 | $32,385 | $165,715 |
| MADELINE POULAKIDAS | SD OF FINANCE AND OPERATION | 40.00 |
Highest
|
$126,343 | $45,792 | $172,135 |
| STACY HELMUTH | SD OF DEVELOPEMENT | 40.00 |
Highest
|
$122,568 | $47,649 | $170,217 |
| JIM SCHUMACHER | BOARD CHAIR | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| ANN MURTLOW | BOARD TREASURER | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| STEVEN JONES | SECRETARY | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| RODNEY BYRNES | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| MIRIAM ACEVEDO DAVIS | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| NAEHA DEAN | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| DAVID HARRIS | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| REBECCA KUBACKI | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| MAGGIE LEWIS | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| MARK MILES | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| JANE PAULEY | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| DAVID SHANE | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| BILL SHREWSBERRY | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $57,932,587 | $35,611,037 | $58,731,314 | $22,321,550 |
| 2024 | $49,302,138 | $43,542,749 | $34,049,326 | $5,759,389 |
| 2023 | $29,881,369 | $21,711,220 | $26,440,445 | $8,170,149 |
| 2022 | $10,830,656 | $19,634,093 | $18,983,816 | $-8,803,437 |
| 2021 | $26,157,589 | $22,006,276 | $28,455,192 | $4,151,313 |
| 2020 | $20,265,397 | $14,886,969 | $22,651,490 | $5,378,428 |
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