Developing Minds Foundation Corporation (EIN 510591145) - Form 990 Financial Analysis & Trantor Score

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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

2006

Legal Domicile

Principal Officer

Philippe Houdard

Phone

3052050595

Tax Period

2023-01-01 to 2023-12-31

Developing Minds Foundation Corporation, founded in 2006, is a small nonprofit in the International Affairs sector that reported $122K in total revenue in fiscal year 2023. Revenue surged 181% from the prior year, signaling strong growth momentum. The organization ran a surplus of $64K, a strong 53% operating margin.

Mission

Our most significant activities include funding an after-school project in Rio de Janeiros Rocinha and City of God neighborhoods, as well as literacy projects in Colombia.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $112,945

Program Service Revenue $0

Investment Income $8,825

Other Revenue $0

TOTAL REVENUE $121,770

Expense Breakdown

Grants Paid $54,400

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $54,400

Other Expenses $3,000

TOTAL EXPENSES $57,400

Year-over-Year Comparison

	2023	2022	Change
Revenue	$121,770	$43,273	+1.8%
Expenses	$57,400	N/A	N/A
Net Income	$64,370	$43,273	+0.5%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Houdard Philippe	President	015.00	Officer Director	$0	$0	$0
Mehringer Chris	Director	005.00	Director	$0	$0	$0
Miller Dehdan	Director	005.00	Director	$0	$0	$0
Mohan Joseph	Director	005.00	Director	$0	$0	$0
Shoup Natalie	Executive Director	005.00	Director	$0	$0	$0
Zalkin Seth	Director	005.00	Director	$0	$0	$0
Campus Alanna	Director	005.00	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	$121,770	$57,400	$504,147	$64,370

Developing Minds Foundation Corporation