Food For Hungry Minds
- Assets
- $435.3k
- Revenue
- $334.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Circle Pines, MN
- Founding
- 05/2005
- Data as of
- 04/2022
- EIN
- 20-1331977
Organization Overview
Food For Hungry Minds is located in Circle Pines, MN. The organization was established in 2005. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food For Hungry Minds is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2022, Food For Hungry Minds generated $334.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $221.8k during the year ending 04/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT HIGH PERFORMANCE EDUCATIONAL INITIATIVES FOR DISADVANTAGED CHILDREN AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE PROMISING CHILDREN FROM VERY POOR COMMUNITIES WITH AN INTENSIVE, 3-YEAR, BILINGUAL EDUCATIONAL INTERVENTION THAT PREPARES THEM TO SUCCEED IN GOOD HIGH SCHOOLS AND SERVE IN LIFE. TWO SCHOOLS OPERATE IN THE PHILIPPINES, ONE IN MANILA, AND THE OTHER IN RURAL BULACAN. CORPORATE AND INDIVIDUAL DONORS SUPPORT TEACHER SALARIES, MEALS, BASIC HEALTH CARE, TRANSPORTATION, SUPPLIES, AND EDUCATIONAL MATERIALS. EDUCATIONAL RESULTS ARE CAREFULLY MONITORED. AS FUNDS ARE AVAILABLE, FHM GRADUATES ARE GRANTED SCHOLARSHIPS THAT ALLOW THEM TO ATTEND GOOD PRIVATE HIGH SCHOOLS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Barbee Secretary | OfficerTrustee | $0 | |
Julie Madigan Treasurer | OfficerTrustee | $0 | |
Al Johnson Chair | OfficerTrustee | $0 | |
Charles Maahs President | Officer | $0 | |
Candice DE Ausen Member | Trustee | $0 | |
Candace Corso Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $334,422 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $334,422 |
| Total Program Service Revenue | $0 |
| Investment income | $37 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $334,459 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $212,700 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,977 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $228 |
| Office expenses | $1,406 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $221,786 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,833 |
| Savings and temporary cash investments | $346,243 |
| Pledges and grants receivable | $67,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $226 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $435,302 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $293,302 |
| Net assets with donor restrictions | $142,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $435,302 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Food For Hungry Minds has recieved totaling $55,952.
| Awarding Organization | Amount |
|---|---|
David And Janis Larson Foundation Minneapolis, MN PURPOSE: GENERAL CHARITABLE PURPOSES | $50,000 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $5,066 |
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $386 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ecmc Foundation Minneapolis, MN | $1,089,464,777 | $46,859,234 |
Maharishi Foundation Usa Inc Fairfield, IA | $13,469,857 | $14,517,484 |
Wisconsin Library Services Madison, WI | $3,399,343 | $10,812,527 |
Wildflower Foundation Minneapolis, MN | $7,014,871 | $9,899,109 |
Wisconsin Manufacturing Extension Partnership Inc Madison, WI | $4,454,463 | $6,124,357 |
Law Library Microform Consortium Eagan, MN | $11,334,404 | $1,991,474 |
1house2hands Inc Saint Paul, MN | $14,188,991 | $1,152,512 |
Des Moines Area Medical Education Consortium Inc Des Moines, IA | $299,396 | $859,432 |
Edvisions Schools Inc Henderson, MN | $292,391 | $695,381 |
Blackhawk Technical College Foundation Inc Janesville, WI | $7,679,210 | $1,474,077 |
Iowa Farm House Association Des Moines, IA | $3,717,609 | $526,820 |
School Administrators Of South Dakota Pierre, SD | $496,745 | $455,157 |