MINDS OF THE FUTURE FOUNDATION INC

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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

2017

Tax Period

2024-01-01 to 2024-12-31

MINDS OF THE FUTURE FOUNDATION INC, founded in 2017, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 123% from the prior year, signaling strong growth momentum. The organization ran a surplus of $391K, a strong 35% operating margin.

Mission

Schools and school development. Youth development, mentoring and tutoring and research. Educational assistance programs for underprivileged youths, career counseling services and strategic cooperate with other groups and organizations that have a related mission and purpose.

Program Service Accomplishments

Program 1

Revenue: $1,121,757

Program Revenue

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,121,757

Program Service Revenue $0

Investment Income $63

Other Revenue $0

TOTAL REVENUE $1,121,820

Expense Breakdown

Grants Paid $0

Salaries & Benefits $188,160

Fundraising Expenses $0

Program Expenses $714,999

Other Expenses $543,118

TOTAL EXPENSES $731,278

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,121,820	$502,807	+1.2%
Expenses	$731,278	$250,886	+1.9%
Net Income	$390,542	$251,921	+0.6%

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

Governance

Voting Members

Independent Members

Employees

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
Cynthia Smith	President	40	Officer	$0	$0	$0
Keyana Smith	Director	20	Officer	$0	$0	$0
Tiaria Howard	Vice President	20	Officer	$0	$0	$0
Seneshia Stewart	Secretary	10	Officer	$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	$1,121,820	$731,278	$529,800	$390,542
2023	$502,807	$250,889	$621,955	$251,918
2022	$832,092	$500,866	$410,880	$331,226
2020	$375,810	$425,941	$3,103	$-50,131