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Nonprofit · EIN 51-0591145

DEVELOPING MINDS FOUNDATION CORPORATION

Tax-exempt · MIAMI, FL 33131

Financials

$122K$57K2023$21K$64K2024
Revenue Expenses · by fiscal year end
Financials of DEVELOPING MINDS FOUNDATION CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$21,452$63,577-$42,125$541,876$0$541,876
December 31, 2023990$121,770$57,400$64,370$504,147$0$504,147
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$11,600
Program service revenue
$0
Investment income
$9,852
Net gain from sales of assets
$1,490
Other revenue
$0

Expenses

Grants and similar amounts paid
$62,300
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$62,300

Balance sheet and other

Total assets, start of year
$504,147
Total assets, end of year
$541,876
Total liabilities, end of year
$0
Net assets, end of year
$541,876
Publicly traded securities
$539,182
Gross receipts
$96,355
Employees
0
Year formed
2006
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Houdard PhilippePresident
Trustee or director, Officer
15$0
Mehringer ChrisDirector
Trustee or director
5$0
Miller DehdanDirector
Trustee or director
5$0
Mohan JosephDirector
Trustee or director
5$0
Shoup NatalieExecutive Director
Trustee or director
5$0
Zalkin SethDirector
Trustee or director
5$0
Campus AlannaDirector
Trustee or director
5$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
Houdard PhilippePresident
Trustee or director, Officer
15$0
Mehringer ChrisDirector
Trustee or director
5$0
Miller DehdanDirector
Trustee or director
5$0
Mohan JosephDirector
Trustee or director
5$0
Shoup NatalieExecutive Director
Trustee or director
5$0
Zalkin SethDirector
Trustee or director
5$0
Campus AlannaDirector
Trustee or director
5$0

Address and contacts

Address (IRS master file)
1101 BRICKELL AVENUE APT S-800, MIAMI, FL 33131-3113
In care of
% PHILIPPE HOUDARD
Principal officer (990 for 2024)
Philippe Houdard, 1101 Brickell Avenue APT S-800, Miami, FL 33131
Signed the 990
Philippe Houdard, President
Phone
(305) 205-0595
Return prepared by
Masses-Valera

Mission

Our mission is to create an alternate path for children who are exposed to the harsh realitites of violence and economic hardship.

990 for the year ended December 31, 2024

Program accomplishments

  • INPAR project, in City of God favela, Rio de Janeiro, Brazil. Developing Minds Foundation sponsors teachers in a school for learning how to use technology, code, repair hardware, and edit video as a means to develop skills to integrate into the job market.
    Expenses $35,000 · grants $35,000
  • Ciudad Don Bosco project, in Medellin, Colombia what we informally called Child Soldier project Developing Minds provides basic education vocational and technical training and psychological counseling.
    Expenses $27,300 · grants $27,300

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
51-0591145
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$541,876
Income (IRS master file)
$96,355

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$121,770$57,400$504,147IRS
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS
990-EZDecember 2017–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about DEVELOPING MINDS FOUNDATION CORPORATION

What is the EIN of DEVELOPING MINDS FOUNDATION CORPORATION?
The employer identification number (EIN) of DEVELOPING MINDS FOUNDATION CORPORATION is 51-0591145.
Is DEVELOPING MINDS FOUNDATION CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to DEVELOPING MINDS FOUNDATION CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DEVELOPING MINDS FOUNDATION CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DEVELOPING MINDS FOUNDATION CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DEVELOPING MINDS FOUNDATION CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of DEVELOPING MINDS FOUNDATION CORPORATION?
The 990 for the year ended December 31, 2024 names Philippe Houdard.
Who are the officers and directors of DEVELOPING MINDS FOUNDATION CORPORATION?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does DEVELOPING MINDS FOUNDATION CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $21,452, expenses of $63,577 and total assets of $541,876 at year end.

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