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Education : Education Policy and Reform

The Mind Trust

Great schools. Innovative ideas. Every student.

four stars

95.05

1630 North Meridian Street Suite 450
Indianapolis, IN 46202
tel: (317) 822-8102   Web Site
EIN: 20-4560286

Board Leadership
Jim Schumacher
Chair

CEO
Brandon Brown
CEO

  Score
(out of 100)
Rating
Overall Score & Rating 95.05 four stars
  Financial 100.00 four stars
  Accountability & Transparency 93.00 four stars
This rating was published 07/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Great schools are transformative. They improve the lives of the students they serve and create new possibilities for the communities where they are located.

At The Mind Trust, we aim to provide every student in Indianapolis with access to a high-quality, world-class education. We do this by recruiting and developing talented, innovative educators, launching high-quality schools with the conditions for success and engaging neighborhoods and communities to help lead education innovation.

Our Beliefs
Children - no matter their background or circumstances - can excel under the right conditions.
Great teachers and school leaders are the most important ingredients for student success.
Great schools have the autonomy to innovate and make decisions at the school and classroom levels.
Great schools are held accountable for achieving excellent results for their students.
Neighborhoods and communities must help lead educational innovation and transformation

Great schools are transformative. They improve the lives of the students they serve and create new possibilities for the communities where they are located.

At The Mind Trust, we aim to provide every student in Indianapolis with access to a high-quality, world-class education. We do this by recruiting and developing talented, innovative educators, launching high-quality schools with the conditions for success and engaging neighborhoods and communities to help lead education innovation.

Our Beliefs
Children - no matter their background or circumstances - can excel under the right conditions.
Great teachers and school leaders are the most important ingredients for student success.
Great schools have the autonomy to innovate and make decisions at the school and classroom levels.
Great schools are held accountable for achieving excellent results for their students.
Neighborhoods and communities must help lead educational innovation and transformation

Impact Information

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Financial

four stars

100.00

Accountability & Transparency

four stars

93.00

This rating was published 07/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
90.1%
  Administrative Expenses 6.7%
  Fundraising Expenses 3.0%
  Fundraising Efficiency $0.02
  Working Capital Ratio (years) 1.38
  Program Expenses Growth 15.7%
  Liabilities to Assets 2.8%
All data for Financial Performance Metrics calculations was provided by The Mind Trust on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Mind Trust on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Mind Trust (IN) 95.05 four stars
Education Foundation of Palm Beach County (FL) 92.92 four stars
League of Education Voters Foundation (WA) 87.56 three stars
Houston A+ Challenge (TX) 90.95 four stars
Teach Plus Incorporated (MA) 87.51 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $5,963,567
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $5,963,567
   Program Service Revenue $0
Total Primary Revenue $5,963,567
   Other Revenue $117,672
TOTAL REVENUE $6,081,239
   
EXPENSES  
   Program Expenses $10,976,949
   Administrative Expenses $644,228
   Fundraising Expenses $282,375
TOTAL FUNCTIONAL EXPENSES $11,903,552
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-5,822,313
   
Net Assets $10,713,967

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History
The Mind Trust has received 5 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 07/01/2019 95.05 four stars
2016-12 10/01/2017 92.22 four stars
2015-12 11/01/2016 90.21 four stars
2014-12 06/01/2016 92.02 four stars
 
CN 2.0
2014-12 12/22/2015 92.19 four stars
2013-12 12/01/2014 94.56 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 20-4560286
Name in IRS Master File THE MIND TRUST INC
NTEE Code B05
NTEE Classification Research Institutes and/or Public Policy Analysis
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above.  509(a)(3)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date March, 2007
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$167,585 1.40% Brandon Brown CEO
Other Salaries of Note
$291,278 2.44% David Harris Founder and Former CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
The Mind Trust (IN) 95.05 four stars
Prichard Committee for Academic Excellence (KY) 90.86 four stars
New Visions for Public Schools (NY) 96.64 four stars
Andre Agassi Foundation for Education (NV) 88.28 three stars
Jacksonville Public Education Fund (FL) 87.37 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

The Mind Trust
1630 North Meridian Street
Suite 450
Indianapolis, IN 46202
tel: (317) 822-8102
fax: (317) 822-8149
EIN: 20-4560286

Visit Web Site

Board Leadership

Jim Schumacher
Chair

CEO

Brandon Brown
CEO

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