MASTER MINDS ACADEMY INCORPORATED

EIN: 475403089 501(c)(3) Education

NORTH LAUDERDALE, FL

Total Revenue
$1,171,592
Total Expenses
$1,534,942
Total Assets
$2,702,337
Net Assets
$1,543,187
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
FL
Principal Officer
TRACY Y KURTZ-MCFADDEN
Phone
9545629422
Tax Period
2025-01-01 to 2025-12-31

MASTER MINDS ACADEMY INCORPORATED, founded in 2015, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2025. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $1.5M exceeded revenue, resulting in a 31% operating deficit.

Mission

OUR MISSION IS TO GLORIFY GOD THROUGH THE TEACHING AND NURTURING OF STUDENTS IN THEIR SPIRITUAL, ACADEMIC, PHYSICAL, EMOTIONAL AND SOCIAL DEVELOPMENT.

Program Service Accomplishments

Program 1
Expenses: $1,286,356 Revenue: $1,150,119

EDUCATIONAL SERVICES

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,150,119
Investment Income $21,473
Other Revenue $0
TOTAL REVENUE $1,171,592

Expense Breakdown

Grants Paid $0
Salaries & Benefits $584,751
Fundraising Expenses $457
Program Expenses $1,286,356
Other Expenses $950,191
TOTAL EXPENSES $1,534,942

Year-over-Year Comparison

2025 2024 Change
Revenue $1,171,592 $903,535 +0.3%
Expenses $1,534,942 $836,077 +0.8%
Net Income $-363,350 $67,458 -6.4%
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
N/A
Independent Members
N/A
Employees
N/A
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
1
$185,100
Total Directors
5
$185,100
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TRACY KURTZ-MCFADDEN PRESIDENT 40.00
Officer Director
$185,100 $0 $185,100
STEVEN MCFADDEN DIRECTOR 0.00
Director
$0 $0 $0
EMMA KURTZ DIRECTOR 0.00
Director
$0 $0 $0
JESSICA ACCIUS SECRETARY 0.00
Director
$0 $0 $0
VIVIANNE JENKINS DIRECTOR 0.00
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
2025 $1,171,592 $1,534,942 $2,702,337 $-363,350
2024 $903,535 $836,077 $3,002,213 $67,458
2023 $824,926 $334,151 $2,998,738 $490,775
2022 $613,705 $484,909 $2,529,599 $128,796
2021 $1,009,603 $646,504 $2,410,825 $363,099
2020 $857,769 $589,302 $2,154,102 $268,467
2019 $620,499 $436,730 $606,198 $183,769
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