Nonprofit · EIN 81-5308200
MINDS OF THE FUTURE FOUNDATION
Tax-exempt · JACKSONVILLE, FL 32226
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,121,820 | $731,278 | $390,542 | $529,800 | $189,686 | $340,114 |
| December 31, 2023 | 990 | $502,807 | $250,889 | $251,918 | $621,955 | $262,004 | $359,951 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,121,757
- of which government grants
- $851,076
- Program service revenue
- $0
- Investment income
- $63
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $159,902
- Salaries, compensation and benefits (total)
- $188,160
- Professional fundraising fees
- $0
- Accounting fees
- $6,600
- Occupancy
- $86,974
- Depreciation
- $18,483
- Program services (functional)
- $637,242
- Management and general (functional)
- $75,553
Balance sheet and other
- Total assets, start of year
- $621,955
- Total assets, end of year
- $529,800
- Total liabilities, end of year
- $189,686
- Net assets, end of year
- $340,114
- Land, buildings and equipment
- $85,302
- Gross unrelated business income
- $63
- Gross receipts
- $1,121,820
- Employees
- 8
- Year formed
- 2017
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Cynthia Smith | President Officer | 40 | $0 |
| Keyana Smith | Director Officer | 20 | $0 |
| Tiaria Howard | Vice President Officer | 20 | $0 |
| Seneshia Stewart | Secretary Officer | 10 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Cynthia Smith | President Officer | 40 | $0 |
| Keyana Smith | Director Officer | 20 | $0 |
| Tiaria Howard | Vice President Officer | 20 | $0 |
| Seneshia Stewart | Secretary Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 26424, JACKSONVILLE, FL 32226-6424
- In care of
- % CYNTHIA SMITH
- Mailing address (990-N for 2019)
- 3819 N Main St, Jacksonville FL 32206
- Principal officer (990 for 2024)
- Cynthia Smith, 3819 N Main Street, Jacksonville, FL 32206
- Principal officer (990-N for 2019)
- Cynthia Smith, 8273 AUTUMNWIND DR, Jacksonville FL 32218
- Signed the 990
- Cynthia Smith, President
- Return prepared by
- PowerHouse Anchor Management Consulting INC
Mission
Schools and school development. Youth development, mentoring and tutoring and research. Educational assistance programs for underprivileged youths, career counseling services and strategic cooperate with other groups and organizations that have a related mission and purpose.
Program accomplishments
- Program Revenuerevenue $1,121,757
- Expenses $714,999
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-5308200
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $529,800
- Income (IRS master file)
- $1,121,820
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,121,820 | $731,278 | $529,800 | IRS |
| 990 | December 2023 | $502,807 | $250,889 | $621,955 | XML |
| 990 | December 2022 | $832,092 | $500,866 | $410,880 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: Cynthia Smith | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2018 Officer: Cynthia Smith | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 81-5308200).
Questions about MINDS OF THE FUTURE FOUNDATION
- What is the EIN of MINDS OF THE FUTURE FOUNDATION?
- The employer identification number (EIN) of MINDS OF THE FUTURE FOUNDATION is 81-5308200.
- Is MINDS OF THE FUTURE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to MINDS OF THE FUTURE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MINDS OF THE FUTURE FOUNDATION 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 MINDS OF THE FUTURE FOUNDATION 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 MINDS OF THE FUTURE FOUNDATION 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 MINDS OF THE FUTURE FOUNDATION?
- The 990 for the year ended December 31, 2024 names Cynthia Smith.
- Who are the officers and directors of MINDS OF THE FUTURE FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does MINDS OF THE FUTURE FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,121,820, expenses of $731,278 and total assets of $529,800 at year end.
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