KINETIC MINDS

EIN: 383865648 501(c)(3) Youth Development

Goldsboro, NC

Total Revenue
$227,896
Total Expenses
$228,545
Total Assets
$20,254
Net Assets
$7,723
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NC
Principal Officer
Eskabonna Henderson
Phone
9199470471
Tax Period
2020-10-01 to 2021-09-30

KINETIC MINDS, founded in 2012, is a small nonprofit in the Youth Development sector that reported $228K in total revenue in fiscal year 2020. Revenue fell 24% from the prior year — a significant decline worth monitoring.

Mission

Kinetic Minds Inc.'s significant activity is an afterschool and summer enrichment program for K-8th grade students.

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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 (2020)

Revenue Breakdown

Contributions & Grants $227,896
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $227,896

Expense Breakdown

Grants Paid $0
Salaries & Benefits $116,325
Fundraising Expenses $0
Program Expenses $228,545
Other Expenses $112,220
TOTAL EXPENSES $228,545

Year-over-Year Comparison

2020 2019 Change
Revenue $227,896 $301,846 -0.2%
Expenses $228,545 $300,744 -0.2%
Net Income $-649 $1,102 -1.6%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
1
Employees
26
Volunteers
N/A

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
2
$34,541
Total Directors
3
$34,541
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Eskabonna Henderson Director, Officer 30
Officer Director
$18,158 $0 $18,158
Danice Henderson Director, Officer 30
Officer Director
$16,383 $0 $16,383
Veronica Carmichael Director 0
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
2021 $227,896 $228,545 $20,254 $-649
2020 $301,846 $300,744 $45,423 $1,102
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