Kinetic Minds
- Assets
- $73.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 26
- Location
- Goldsboro, NC
- Founding
- 03/2012
- Data as of
- 09/2022
- EIN
- 38-3865648
Organization Overview
Kinetic Minds is located in Goldsboro, NC. The organization was established in 2012. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 09/2022, Kinetic Minds employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kinetic 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 09/2022, Kinetic Minds generated $61.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (19.4%) each year. All expenses for the organization totaled $5.8k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (42.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
KINETIC MINDS, INC. OPERATED A SUMMER PROGRAM THROUGH THE BURROUGHS WELLCOME FUND SSEP PROGRAM, PROVIDING STEM OPPORTUNITIES FOR RISING 5TH TO 9TH GRADE STUDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Veronica Carmichael Chair | 0 | $0 | |
Eskabonna Henderson Executive Director | 2 | $0 | |
Danice Henderson Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,733 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,733 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,842 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,921 |
| Total expenses | $5,763 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,424 |
| Other assets | $0 |
| Total assets | $73,824 |
| Total liabilities | $13,721 |
| Net assets or fund balances | $60,103 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kinetic Minds has recieved totaling $35.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $35 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Emerald Youth Foundation Knoxville, TN | $26,135,509 | $10,102,853 |
National Honorary Beta Club Spartanburg, SC | $16,976,895 | $7,178,910 |
Girls On The Run International Charlotte, NC | $10,723,648 | $6,480,865 |
Tennessee Soccer Club Inc Brentwood, TN | $2,122,655 | $5,672,715 |
Impact Living Services Forest, VA | $3,151,473 | $6,118,517 |
Richmond First Tee Richmond, VA | $10,036,196 | $3,399,029 |
Corners Outreach Inc Peachtree Corners, GA | $1,471,202 | $3,739,961 |
Skillsusa Foundation Inc Leesburg, VA | $0 | $2,681,875 |
Horizons Atlanta Inc Atlanta, GA | $3,035,876 | $3,541,460 |
Durham Childrens Initiative Durham, NC | $2,025,864 | $2,503,533 |
Camp Kudzu Inc Atlanta, GA | $2,213,204 | $2,347,555 |
Knowledge Quest Inc Memphis, TN | $3,965,485 | $3,163,026 |