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    The Mind Trust

    The Mind Trust

     

    Is this your nonprofit?

    501(c)(3) organization

    Donations are tax-deductible

    http://www.themindtrust.org/

    1630 North Meridian Street
    Suite 450
    Indianapolis IN 46202

    317-822-8102


    Indianapolis IN | IRS ruling year: 2007 | EIN: 20-4560286  

     

    Organization Mission

    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

     


    Rating Information

    star rating graphic

    Great


    This charity's score is 97%, earning it a Four-Star rating. If this organization aligns with your passions and values, you can give with confidence.


    This overall score is calculated entirely from a single beacon score, weighted as follows: 100% Accountability & Finance. Learn more about our criteria and methodology.

    Beacon Weights  
    Historical Ratings  

    Rating Report

    • Impact & Results
    • Accountability & Finance
    • Culture & Community
    • Leadership & Adaptability
    Accountability & Finance
    Impact & ResultsAccountability & FinanceCulture & CommunityLeadership & Adaptability

     

    Accountability & Finance

     

    Score

    97

    Most Recent Fiscal Year:
    FY 2022

    This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.

    Learn more

     

    Key Accountability Metrics

    Full Credit
      
    Partial Credit
      
    No Credit
    Majority Independent Board Members - 100% independent members10 out of 10 points  
    Independent Board Size - 12 independent members10 out of 10 points  
    Financial Statements - Audit and Oversight Committee20 out of 20 points  
    Material Diversion of Assets - None20 out of 20 points  

    Tax Form Disclosures and Policies

    Full Credit
      
    Partial Credit
      
    No Credit
    Website Listed on Tax Form - Listed5 out of 5 points  
    Conflict of Interest Policy - Listed5 out of 5 points  
    Whistleblower Policy - Listed5 out of 5 points  
    Document Retention and Destruction - Listed5 out of 5 points  
    Documents Board Meeting Minutes - Yes5 out of 5 points  
    Tax Form Distributed to Board Before Filing - Listed5 out of 5 points  
    Loans to/from Officers - Missing5 out of 5 points  

    Website Disclosures

    Full Credit
      
    Partial Credit
      
    No Credit
    Tax Form Posted on Nonprofit's Website - Missing0 out of 5 points  

    Financial Metrics

    Full Credit
      
    Partial Credit
      
    No Credit
    Liabilities to Assets: Ratio - 10.31%25 out of 25 points  
    Program Expense: Ratio - 93.93%25 out of 25 points  
    Fundraising Efficiency: Ratio - $0.0225 out of 25 points  
    Working Capital: Ratio - 0.90 years25 out of 25 points  

    Additional Information

    Total Revenue and Expenses - Data Available  
    Salary of Key Persons - Data Available  
    IRS Published Data (Business Master File) - Data Available  
    Data Sources (IRS Forms 990) - Data Available  

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