AWAKENING MINDS

EIN: 264489929 501(c)(3) Arts, Culture & Humanities

FINDLAY, OH

Total Revenue
$130,258
Total Expenses
$102,343
Total Assets
$45,521
Net Assets
$36,062
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
OH
Principal Officer
EMILY SULLIVAN
Phone
4193023892
Tax Period
2022-01-01 to 2022-12-31

AWAKENING MINDS, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $130K in total revenue in fiscal year 2022. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $28K, a strong 21% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE THERAPEUTIC AND EDUCATIONAL PROGRAMS TO ALL AGES AND ABILITIES.

Program Service Accomplishments

Program 1
Expenses: $86,926 Revenue: $64,649

THE ORGANIZATION BREAKS PROGRAMMING INTO 7 MAIN CATEGORIES. BY THE END OF 2022, AMA WAS SERVING 26 ONE-ON-ONE STUDENTS SEEN WEEKLY, BIWEEKLY, OR ONCE A MONTH, TOTALING 41 ONE-ON-ONE CLASSES PER...

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THE ORGANIZATION BREAKS PROGRAMMING INTO 7 MAIN CATEGORIES. BY THE END OF 2022, AMA WAS SERVING 26 ONE-ON-ONE STUDENTS SEEN WEEKLY, BIWEEKLY, OR ONCE A MONTH, TOTALING 41 ONE-ON-ONE CLASSES PER MONTH.THE HOMESCHOOL VISUAL ARTS PROGRAM, TAKING PLACE IN FINDLAY AND IN LEIPSIC, CONTINUED IN 2022 WITH 5 CLASSES SEEN ONCE A WEEK OR TWICE A MONTH DURING THE SCHOOL YEAR.TRAVELING AGENCY PROGRAMMING SAW A SPIKE IN SERVICES SINCE 2021, TOTALING 14 AGENCIES SERVED, INCLUDING SENIOR LIVING FACILITIES AND LOCAL NONPROFITS SEEN ON A BI-WEEKLY, MONTHLY OR BI-MONTHLY BASIS.AGENCY PROGRAMMING ALSO HAPPENED WITHIN THE FINDLAY STUDIO. 3 DAY-HABILITATION AGENCIES COME TO THE FINDLAY AMA STUDIO ONCE A MONTH.14 INDIVIDUAL CLASSROOMS WITHIN 6 DIFFERENT SCHOOLS USED AMA SERVICES ONCE OR TWICE A MONTH IN 2022.COMMUNITY CLASSES ARE OPEN TO THE PUBLIC AND OFFER A VARIETY OF OPPORTUNITIES FOR ALL AGES AND ABILITIES, AS WELL AS INDIVIDUAL AGE GROUPS. AMA HAD 6 MONTHLY CLASSES OPEN TO THE PUBLIC FOR PARTICIPATION, INCLUDING AT AMA, THE LEIPSIC COMMUNITY CENTER, GILLIG WINERY, FALSE CHORD BREWING, & BREWING GREEN.IN ADDITION TO REGULARLY SCHEDULED PROGRAMS, AMA IS REGULARLY ASKED BY SCHOOLS, DAYCARES, BUSINESSES, AND PRIVATE PARTIES TO SET UP A GROUP CLASS. PRIVATE GROUP PROGRAMS HAPPENED THROUGHOUT THE YEAR AND INCLUDED TEAMBUILDING, THERAPEUTIC ARTMAKING, AND SOCIAL EVENTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $58,064
Program Service Revenue $64,649
Investment Income $0
Other Revenue $7,545
TOTAL REVENUE $130,258

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $86,926
Other Expenses $102,343
TOTAL EXPENSES $102,343

Year-over-Year Comparison

2022 2021 Change
Revenue $130,258 $119,158 +0.1%
Expenses $102,343 N/A N/A
Net Income $27,915 $119,158 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
14

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
$36,141
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TONY MORMAN PRESIDENT 2.00
Officer Director
$0 $0 $0
SARAH CRISP VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
CHRIS SCHERLEY TREASURER 2.00
Officer Director
$0 $0 $0
TAMARA ROONEY SECRETARY 2.00
Officer Director
$0 $0 $0
MELODY RINKER TRUSTEE 1.00
Director
$0 $0 $0
KATIE UNVERFERTH TRUSTEE 1.00
Director
$0 $0 $0
KYLE FRIAS TRUSTEE 1.00
Director
$0 $0 $0
AMBER KEAR TRUSTEE 1.00
Director
$0 $0 $0
BREANN BERGER TRUSTEE 1.00
Director
$0 $0 $0
EMILY SULLIVAN EXECUTIVE DIRECTOR 35.00
Officer
$36,141 $0 $36,141
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
2022 $130,258 $102,343 $45,521 $27,915
2021 $119,158 $104,736 $37,886 $14,422
2020 $153,035 $91,501 $42,748 $61,534
2018 $339,721 $355,769 $39,511 $-16,048
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