Millionaire Mind Kids is located in Apple Valley, CA. The organization was established in 2008. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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. Millionaire Mind Kids 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 12/2021, Millionaire Mind Kids generated $227.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 23.4% each year . All expenses for the organization totaled $108.4k during the year ending 12/2021. While expenses have increased by 5.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATIONAL PROGRAMS TO UNDER-SERVED STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MILIONAIRE MIND KIDS MMK PROVIDE HIGH-QUALITY FREE SUMMER ACADEMIES WITH MEALS TO UNDER-REPRESENTED STUDENTS WITHIN SAN BERNARDINO COUNTY, ACROSS ALL VICTOR VALLEY CITIES
MILIONAIRE MIND KIDS MMK ADDED HIGH-QUALITY FREE AFTER SCHOOL AND FAMILY ENGAGEMENT PROGRAM FOR UNDER-REPRESENTED STUDENTS WITHIN SAN BERNARDINO COUNTY, ACROSS ALL VICTOR VALLEY CITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Delores Williams Director/president | OfficerTrustee | 40 | $16,031 |
Sheila Robertson Secretary/treasurer | OfficerTrustee | 15 | $0 |
Shirley Walker Member | Trustee | 5 | $0 |
Harriette S Fisher Member | Trustee | 5 | $0 |
Nijah Williams Member | Trustee | 5 | $0 |
Charles Walker Member | Trustee | 5 | $0 |
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 | $191,993 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $191,993 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $226,993 |
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 | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $16,031 |
Compensation of current officers, directors, key employees. | $2,405 |
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 | $19,726 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $275 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $9,225 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $16,325 |
Travel | $6,311 |
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 | $1,749 |
Insurance | $4,642 |
All other expenses | $0 |
Total functional expenses | $108,361 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $144,359 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
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 | $15,415 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $159,774 |
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 | $19,057 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $19,057 |
Net assets without donor restrictions | $140,717 |
Net assets with donor restrictions | $0 |
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 | $159,774 |
Over the last fiscal year, we have identified 5 grants that Millionaire Mind Kids has recieved totaling $215,252.
Awarding Organization | Amount |
---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Education | $150,000 |
St Mary Medical Center Renton, WA PURPOSE: COMMUNITY BENEFIT RESTRICTED GRANT | $36,242 |
Inland Empire Community Foundation Riverside, CA PURPOSE: Support STEAM program, financial literacy, Scholarship and Law and Justice academies | $15,000 |
Kaiser Foundation Hospitals Oakland, CA PURPOSE: Mmk-roc Stem, Civil Engagement & Covid Education F | $14,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Organization Name | Assets | Revenue |
---|---|---|
Pta California Congress Of Parents Teachers & Students Inc Sacramento, CA | $9,082,198 | $3,438,208 |
Barrio Logan College Institute San Diego, CA | $2,959,151 | $2,373,413 |
Investigative Newsource San Diego, CA | $1,931,219 | $2,112,295 |
Challenge Day Oakley, CA | $817,462 | $746,583 |
Tam High Foundation Mill Valley, CA | $2,235,843 | $891,115 |
Portola Valley Schools Foundation Portola Valley, CA | $6,920,086 | $1,100,055 |
Claremont Parent-Faculty Claremont, CA | $1,059,444 | $1,226,763 |
Friends Of Willow Tree Bonsall, CA | $532,002 | $953,888 |
P R I D E Booster Club Inc Paul Revere Middle School Los Angeles, CA | $1,237,420 | $592,629 |
Canet Foundation Sherman Oaks, CA | $13,099,314 | $949,054 |
The Womens Faculty Club Of The University Of California Inc Berkeley, CA | $1,685,423 | $392,622 |
Parents Educators-Teachers & Students In Action Granada Hills, CA | $9,855 | $727,154 |