Dedicating Resources To Excel All Minds is located in Sherwood, AR. The organization was established in 2009. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 12/2021, Dedicating Resources To Excel All Minds employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dedicating Resources To Excel All 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 12/2021, Dedicating Resources To Excel All Minds generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 8.6% per year over the past 7 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 CHILD CARE AND ACADEMIC ASSISTANCE TO LOW INCOME FAMILIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED CHILDCARE, ACADEMIC AND AFTERCARE SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Javonne Abernathy Program Director | Officer | 0 | $0 |
Walter Edwards Assistant Director | Officer | 0 | $0 |
Erika Reed Secretary | Officer | 0 | $0 |
Faye Ross Director | Trustee | 0 | $0 |
Cory Copeland Director | Trustee | 0 | $0 |
Johnnie Bridges Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,332,003 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,332,003 |
Total Program Service Revenue | $53,333 |
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 | $1,385,336 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $453,739 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $26,200 |
Payroll taxes | $33,988 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $22,340 |
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 | $20,097 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $97,848 |
Travel | $10,358 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $21,186 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $25,499 |
Insurance | $43,762 |
All other expenses | $0 |
Total functional expenses | $1,101,054 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $74,839 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $8,876 |
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 | $516,589 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $600,304 |
Accounts payable and accrued expenses | $38,875 |
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 | $397,630 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $436,505 |
Net assets without donor restrictions | $163,799 |
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 | $600,304 |
Over the last fiscal year, we have identified 1 grants that Dedicating Resources To Excel All Minds has recieved totaling $41.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $41 |
Organization Name | Assets | Revenue |
---|---|---|
Advance Child Care Inc Corsicana, TX | $3,473,974 | $18,615,609 |
Lionheart Childrens Academy Bedford, TX | $10,671,656 | $17,109,685 |
Operation Breakthrough Inc Kansas City, MO | $30,816,270 | $15,851,429 |
Clayton Child Care Inc Fort Worth, TX | $8,846,592 | $17,902,037 |
Kaleidoscope Youth Development Services Inc Houston, TX | $9,400,325 | $12,047,136 |
Positively Living Inc Knoxville, TN | $4,436,601 | $10,571,861 |
Guadalupe Center Inc Kansas City, MO | $11,857,971 | $9,741,504 |
Greater Opportunities Of The Permian Basin Inc Odessa, TX | $3,693,464 | $8,563,372 |
Urban Sprouts University City, MO | $386,056 | $8,466,717 |
Washington County Child Care Foundation Bartlesville, OK | $10,576,887 | $9,436,794 |
Central Texas 4c Inc Temple, TX | $3,947,327 | $8,012,001 |
Child Day Care Association Of Saint Louis St Louis, MO | $1,371,542 | $6,637,461 |