THE MIND TRUST INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
THE MIND TRUST INC (EIN 20-4560286)
Tax period
2017-07-01 to 2018-06-30
Filed
2018-11-30
IRS object ID
201813349349300206
Schema version
2017v2.3
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-11-30T09:14:51-05:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN352001633PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1YOUNT & COMPANY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15665 NORTH POST ROAD SUITE 110AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46216ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN204560286EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE MIND TRUST INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMINDBusinessNameControlTxt
Phone3178228102PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11630 N MERIDIAN STREET SUITE 450AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46202ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRANDON BROWNPersonNm
Person TitleCEOPersonTitleTxt
Phone3178228102PhoneNum
Signature2018-12-01SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOSEPH DANIEL HOLTPreparerPersonNm
PTINP00275366PTIN
Phone3175461020PhoneNum
Preparation2018-11-30PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address74.93.69.213IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-11-30IPDt
IP Tm08:14:51IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id9FCAE5D63738356008E124E3377A3CA872581341AtSubmissionCreationDeviceId
At Submission Filing Device Id8BF095D3A61BC7B50BF8B8823FB6EC8AB788C31BAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBRANDON BROWNPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11630 N MERIDIAN ST SUITE 450AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46202ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,081,239GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.THEMINDTRUST.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2006FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionTHE MIND TRUST AIMS TO PROVIDE EVERY STUDENT IN INDIANAPOLIS WITH ACCESS TO A HIGH QUALITY, WORLD-CLASS EDUCATION. TO DO THIS, THE MIND TRUST RECRUITS AND DEVELOPS TALENTED INNOVATIVE EDUCATORS, LAUNCHES HIGH-QUALITY SCHOOLS WITH THE CONDITIONS FOR SUCCESS, AND ENGAGES NEIGHBORHOODS AND COMMUNITIES TO HELP LEAD EDUCATION INNOVATION, THEREBY SUPPORTING, BENEFITTING, AND PERFORMING THE EDUCATIONAL AND CHARITABLE PURPOSES OF THE UNIVERSITY OF INDIANAPOLIS AND THE NEW TEACHER PROJECT(TNTP).ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee38TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$5,323,461PYContributionsGrantsAmt
CY Contributions Grants$5,963,567CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$38,101PYInvestmentIncomeAmt
CY Investment Income$117,672CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$5,361,562PYTotalRevenueAmt
CY Total Revenue$6,081,239CYTotalRevenueAmt
PY Grants And Similar Paid$3,824,306PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$5,358,978CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,516,376PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,082,053CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$282,375CYTotalFundraisingExpenseAmt
PY Other Expenses$1,023,354PYOtherExpensesAmt
CY Other Expenses$3,462,521CYOtherExpensesAmt
PY Total Expenses$6,364,036PYTotalExpensesAmt
CY Total Expenses$11,903,552CYTotalExpensesAmt
PY Revenues Less Expenses-$1,002,474PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$5,822,313CYRevenuesLessExpensesAmt
Total Assets BOY$17,008,837TotalAssetsBOYAmt
Total Assets EOY$11,028,570TotalAssetsEOYAmt
Total Liabilities BOY$472,557TotalLiabilitiesBOYAmt
Total Liabilities EOY$314,603TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$16,536,280NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$10,713,967NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MIND TRUST EXECUTES THREE CORE STRATEGIES: GROWING HIGH QUALITY SCHOOLS; INVESTING IN WORLD-CLASS TALENT; AND SUPPORTING SCHOOLS TO SUCCEED, AND ENGAGING THE COMMUNITY AND ADVANCING POLICY. THE MIND TRUST OPERATES A PAIR OF UNIQUE SCHOOL INCUBATORS-THE INNOVATION SCHOOL FELLOWSHIP AND CHARTER SCHOOL FELLOWSHIP TO ENTICE TALENTED LEADERS TO LAUNCH HIGH QUALITY PUBLIC SCHOOLS IN INDIANAPOLIS. THROUGH ITS THIRD INCUBATOR, THE EDUCATION ENTREPRENEUR FELLOWSHIP, THE MIND TRUST ATTRACTS SOCIAL INNOVATORS TO INDIANAPOLIS TO LAUNCH BREAK THE MOLD NONPROFITS THAT PROVIDE GREAT SCHOOLS WITH CRITICAL SUPPORTS. THE MIND TRUST WORKS CLOSELY WITH ITS PARTNERS TO CULTIVATE THE LANDSCAPE NEEDED FOR SCHOOLS TO THRIVE THROUGH COMMUNITY ENGAGEMENT AND PUBLIC POLICY/THOUGHT LEADERSHIP EFFORTS. THE MIND TRUST IS A FUNDING INTERMEDIARY AND LOCAL CHAMPION FOR ENTREPRENEURIAL EDUCATION VENTURES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$10,976,949ExpenseAmt
Grant$5,358,978GrantAmt
Revenue$5,963,567RevenueAmt
DescTHE MIND TRUST OPERATES THREE INCUBATORS - THE INNOVATION SCHOOL FELLOWSHIP, CHARTER SCHOOL FELLOWSHIP, AND EDUCATION ENTREPRENEUR FELLOWSHIP- THAT HELP GROW HIGH QUALITY PUBLIC SCHOOLS AND EDUCATION NONPROFITS IN INDIANAPOLIS. THE INNOVATION SCHOOL FELLOWSHIP HELPS LAUNCH INNOVATION NETWORK SCHOOLS, AUTONOMOUS PUBLIC SCHOOLS WITHIN THE INDIANAPOLIS PUBLIC SCHOOLS, THE CITY'S LARGEST SCHOOL DISTRICT, AND THE MIND TRUST'S EDUCATION EMPOWERMENT AWARDS HELP HIGH-PERFORMING SCHOOLS CONVERT TO INNOVATION NETWORK SCHOOL STATUS. THROUGH ITS CHARTER SCHOOL FELLOWSHIP, THE MIND TRUST HELPS LAUNCH OR EXPAND EXCELLENT PUBLIC CHARTER SCHOOLS, AUTONOMOUS SCHOOLS THAT OPERATE INDEPENDENTLY OF THE SCHOOL DISTRICT ARE FREE FROM MANY STATE REGULATIONS, ALLOWING THEM TO BE MORE INNOVATIVE AND FLEXIBLE IN THE CLASSROOM. THE EDUCATION ENTREPRENEUR FELLOWSHIP LAUNCHES INNOVATIVE, HIGH-QUALITY NONPROFIT EDUCATION ORGANIZATIONS, INCLUDING GREAT PUBLIC SCHOOLS AND OTHER GROUPS THAT ADDRESS SPECIFIC CHALLENGES FACING LOCAL SCHOOLS AND STUDENTS. THE MIND TRUST ACTIVELY ENGAGES THE COMMUNITIES AND NEIGHBORHOODS IT SERVES TO CREATE SUPPORT FOR THE SCHOOLS IT LAUNCHES, AS WELL AS FOR BROADER EFFORTS TO RESHAPE EDUCATION. THE MIND TRUST ALSO SUPPORTS AND CONDUCTS RESEARCH ON CRITICAL ISSUES AND ADVANCES BOLD POLICY INITIATIVES TO CREATE A LANDSCAPE THAT FOSTERS THE GROWTH OF QUALITY SCHOOLS. THE MIND TRUST IS A FUNDING INTERMEDIARY AND LOCAL CHAMPION FOR ENTREPRENEURIAL EDUCATION VENTURES.Desc
Total Program Service Expenses$10,976,949TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document35IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee38EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonBRANDON BROWNPersonNm
Phone3178228102PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11630 N MERIDIAN ST STE 450AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46202ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
BART PETERSON
CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
ANN D MURTLOW
INTERIM CHAI1.00Yes (X)Yes (X)$0$0$0
MARK MILES
DIRECTOR1.00Yes (X)$0$0$0
JOYCE Q ROGERS
DIRECTOR1.00Yes (X)$0$0$0
ARIELA ROZMAN
DIRECTOR1.00Yes (X)$0$0$0
DAVID SHANE
DIRECTOR1.00Yes (X)$0$0$0
JANE PAULEY
DIRECTOR1.00Yes (X)$0$0$0
BILL SHREWSBERRY
DIRECTOR1.00Yes (X)$0$0$0
JIM SCHUMACHER
SECRETARY1.00Yes (X)Yes (X)$0$0$0
KENYA BRADSHAW
DIRECTOR1.00Yes (X)$0$0$0
KEVIN CHAVOUS
DIRECTOR1.00Yes (X)$0$0$0
SAMUEL ODLE
DIRECTOR1.00Yes (X)$0$0$0
DAVID HARRIS
FOUNDER AND40.00$291,278$0$50,392Yes (X)
BRANDON BROWN
CEO40.00$167,585$0$28,571Yes (X)
KAMEELAH SHAHEED-DIALIO
SR VP OF COM40.00$162,008$0$19,731Yes (X)
LAUREN RUSH
SR. VP OF OP40.00$130,034$0$20,070Yes (X)
JOE WHITE
VP OF SCH SU40.00$121,633$0$25,011Yes (X)
KRISTIN GRIMME
VP OF SCH IN40.00$100,598$0$10,465Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$973,136TotalReportableCompFromOrgAmt
Total Other Compensation$154,240TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ATTUNED EDUCATION PARTNERS LLC
716 VALLEY ROADMONTCLAIRNJ07043CONSULTING$652,922
INSTRUCTION PARTNERS
604 GAILATIN AVE SUITE 202NASHVILLETN37206CONSULTING$386,000
WELL DONE MARKETING
1043 VIRGINIA AVE SUITE 1AINDIANAPOLISIN46203CONSULTING$195,277
HIRONS & COMPANY COMMUNICATIONS
422 EAST NEW YORK STINDIANAPOLISIN46202CONSULTING$169,246
ROSENBERG SOLUTIONS LLC
625 W SYCAMORE STZIONSVILLEIN46077CONSULTING$116,875
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
All Other Contributions$5,963,567AllOtherContributionsAmt
Total Contributions$5,963,567TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$117,672TotalRevenueColumnAmt
Exclusion$117,672ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,081,239TotalRevenueColumnAmt
Exclusion$117,672ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$5,358,978TotalAmt
Program Services$5,358,978ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,476,179TotalAmt
Program Services$1,948,096ProgramServicesAmt
Management And General$321,214ManagementAndGeneralAmt
Fundraising$206,869FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$433,857TotalAmt
Program Services$348,159ProgramServicesAmt
Management And General$52,837ManagementAndGeneralAmt
Fundraising$32,861FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$172,017TotalAmt
Program Services$140,882ProgramServicesAmt
Management And General$16,969ManagementAndGeneralAmt
Fundraising$14,166FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$11,589TotalAmt
Program Services$1,804ProgramServicesAmt
Management And General$9,785ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$61,907TotalAmt
Management And General$61,907ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,924,731TotalAmt
Program Services$1,895,636ProgramServicesAmt
Management And General$18,841ManagementAndGeneralAmt
Fundraising$10,254FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$92,457TotalAmt
Program Services$84,711ProgramServicesAmt
Management And General$3,694ManagementAndGeneralAmt
Fundraising$4,052FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$133,215TotalAmt
Program Services$40,838ProgramServicesAmt
Management And General$87,966ManagementAndGeneralAmt
Fundraising$4,411FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$66,621TotalAmt
Program Services$52,485ProgramServicesAmt
Management And General$8,568ManagementAndGeneralAmt
Fundraising$5,568FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$219,514TotalAmt
Program Services$210,943ProgramServicesAmt
Management And General$7,838ManagementAndGeneralAmt
Fundraising$733FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$8,325TotalAmt
Program Services$810ProgramServicesAmt
Management And General$7,515ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$56,424TotalAmt
Program Services$42,205ProgramServicesAmt
Management And General$13,429ManagementAndGeneralAmt
Fundraising$790FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$31,038TotalAmt
Program Services$18,157ProgramServicesAmt
Management And General$10,986ManagementAndGeneralAmt
Fundraising$1,895FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
RELAY FELLOWSHIP$503,753$503,753
SCHOOL INCUBATION$248,298$248,298
MISC$88,882$69,549$19,212$121
TELEPHONE$10,767$6,645$3,467$655

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$5,000TotalAmt
Program Services$5,000ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$11,903,552TotalAmt
Program Services$10,976,949ProgramServicesAmt
Management And General$644,228ManagementAndGeneralAmt
Fundraising$282,375FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$9,922,779BOYAmt
EOY$7,868,424EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,608,760BOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$5,378,773BOYAmt
EOY$2,562,674EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$411,980EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$361,939LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$176,447LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$98,525BOYAmt
EOY$185,492EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$17,008,837BOYAmt
EOY$11,028,570EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$175,557BOYAmt
EOY$314,603EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$297,000BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$472,557BOYAmt
EOY$314,603EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,289,242BOYAmt
EOY$2,760,768EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$14,247,038BOYAmt
EOY$7,953,199EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$16,536,280BOYAmt
EOY$10,713,967EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$17,008,837BOYAmt
EOY$11,028,570EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$5,822,313ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
Supported Organizations2SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp (2 entries)

EINEINOrganization TypeOrganizationTypeCdGoverning Document ListedGoverningDocumentListedIndSupportSupportAmtOther SupportOtherSupportAmt
TNTP INC
1338501582Yes (true)$642,841$0
UNIVERSITY OF INDIANAPOLIS
3508681072Yes (true)$0$0
FieldValueIRS element (for citing)
Supported Organizations Total2SupportedOrganizationsTotalCnt
Support Sum$642,841SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (true)ListedByNameGoverningDocInd
Suprt Org No IRS DeterminationfalseSuprtOrgNoIRSDeterminationInd
Supported Org Section C456falseSupportedOrgSectionC456Ind
Supported Org Not Organized USfalseSupportedOrgNotOrganizedUSInd
Organization Change Suprt OrgfalseOrganizationChangeSuprtOrgInd
Support Non Supported OrgYes (true)SupportNonSupportedOrgInd
Payment Substantial ContribtrfalsePaymentSubstantialContribtrInd
Loan Disqualified PersonfalseLoanDisqualifiedPersonInd
Controlled Disqualified PrsnfalseControlledDisqualifiedPrsnInd
Disqualified Prsn Controll IntfalseDisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr IntfalseDisqualifiedPrsnOwnrIntInd
Excess Business Holdings RulesfalseExcessBusinessHoldingsRulesInd
Contribution ControllerfalseContributionControllerInd
Contribution FamilyfalseContributionFamilyInd
Contribution35 ControlledfalseContribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (true)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt OrgfalseOperateBenefitNonSuprtOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART IV, SECTION A, LINE 6FormAndLineReferenceDesc
ExplanationTHE MIND TRUST GAVE GRANTS TO THE FOLLOWING ORGANIZATIONS: ALLEGIANT PREP ACADEMY 100,000 INSTITUTE FOR QUALITY EDUCATION, INC. 100,000 URBAN ACT ACADEMY, INC. 100,000 INDIANAPOLIS CLASSICAL SCHOOLS 105,000 PARAMOUNT SCHOOL OF EXCELLENCE 125,000 PILOTED SCHOOLS 305,000 AVONDALE MEADOWS ACADEMY 250,000 STAND FOR CHILDREN LEADERSHIP CENTER, INC. 250,000 MATCHBOOK LEARNING SCHOOLS OF INDIANA, INC. 265,000 ENROLL INDY, INC. 400,000 SOCIAL GOOD FUND, INC. 555,000 ROOTED SCHOOL 50,000 RELAY GRADUATE SCHOOL OF EDUCATION 400,000 TEACH FOR AMERICA 1,377,500 SUPER SCHOOL 81,155 TEACH PLUS 25,000 GLOBAL PREPARATORY ACADEMY 50,000 IGNITE ACHIEVEMENT ACADEMY 15,982.11 INVENT LEARNING HUB 12,000 INDIANAPOLIS SCHOOLS EDUCATION FOUNDATION 69,000 KIPP INDIANAPOLIS, INC. 80,500ExplanationTxt

Schedule B IRS990ScheduleB

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Organization Belongs Afflt GrpYes (X)OrganizationBelongsAffltGrpInd

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$74FilingOrganizationsTotalAmt
Affiliated Group Total$5,097AffiliatedGroupTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$74FilingOrganizationsTotalAmt
Affiliated Group Total$5,097AffiliatedGroupTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$11,903,478FilingOrganizationsTotalAmt
Affiliated Group Total$219,965,518AffiliatedGroupTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$11,903,552FilingOrganizationsTotalAmt
Affiliated Group Total$219,970,615AffiliatedGroupTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$745,178FilingOrganizationsTotalAmt
Affiliated Group Total$1,000,000AffiliatedGroupTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$186,295FilingOrganizationsTotalAmt
Affiliated Group Total$250,000AffiliatedGroupTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$1,000,000CurrentYearMinus3Amt
Current Year Minus2$1,000,000CurrentYearMinus2Amt
Current Year Minus1$1,000,000CurrentYearMinus1Amt
Current Year$1,000,000CurrentYearAmt
Total$4,000,000TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$6,000,000LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$4,296CurrentYearMinus3Amt
Current Year Minus2$4,569CurrentYearMinus2Amt
Current Year Minus1$5,407CurrentYearMinus1Amt
Current Year$5,171CurrentYearAmt
Total$19,443TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$250,000CurrentYearMinus3Amt
Current Year Minus2$250,000CurrentYearMinus2Amt
Current Year Minus1$250,000CurrentYearMinus1Amt
Current Year$250,000CurrentYearAmt
Total$1,000,000TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$1,500,000GrassrootsCeilingAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE C, PART II-B, LINE 1FormAndLineReferenceDesc
ExplanationSPOKE 15 MINUTES WITH REPRESENTATIVE BEHNING ABOUT POTENTIAL LEGISLATION.ExplanationTxt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$130,861OtherCostOrOtherBasisAmt
Depreciation$40,960DepreciationAmt
Book Value$89,901BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$231,078OtherCostOrOtherBasisAmt
Depreciation$135,487DepreciationAmt
Book Value$95,591BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$185,492TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$6,081,239TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$6,081,239RevenueSubtotalAmt
Total Revenue Per Form990$6,081,239TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$11,903,552TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$11,903,552ExpensesSubtotalAmt
Total Expenses Per Form990$11,903,552TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 3, PART XFormAndLineReferenceDesc
ExplanationTHE MIND TRUST RECOGNIZES A TAX POSITION AS A BENEFIT ONLY IF IT IS MORE- LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TAX POSITION'S TECHNICAL MERITS. AT JUNE 30, 2018, THE MIND TRUST DID NOT RECOGNIZE A BENEFIT FROM ANY UNCERTAIN TAX POSTITIONS. IT IS DIFFICULT TO PREDICT THE FINAL TIMING AND RESOLUTION OF ANY PARTICULAR UNCERTAIN TAX POSITIONS. BASED ON THE MIND TRUST'S ASSESSMENT OF MANY FACTORS, INCLUDING PAST EXPERIENCE AND COMPLEX JUDGMENTS ABOUT FUTURE EVENTS, THE MIND TRUST DOES NOT CURRENTLY ANTICIPATE ANY SIGNIFICANT CHANGES IN ITS UNCERTAIN TAX POSITIONS OVER THE NEXT TWELVE MONTHS.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (22 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
ALLEGIANT PREP ACADEMY
3125 CONCORD CT SUITE BINDIANAPOLISIN46222813719222501C3$100,000SEE ATTACHED
INSTITUTE FOR QUALITY EDUCATION IN
101 W OHIO ST SUITE 700INDIANAPOLISIN46204351836687501C3$100,000SEE ATTACHED
URBAN ACT ACADEMY INC
1250 E MARKET STINDIANAPOLISIN46202823036207501C3$100,000SEE ATTACHED
INDIANAPOLIS CLASSICAL SCHOOLS
110 E 16TH STINDIANAPOLISIN46202202010941501C3$105,000SEE ATTACHED
PARAMOUNT SCHOOL OF EXCELLENCE
3020 NOWLAND AVEINDIANAPOLISIN46201263890401501C3$125,000SEE ATTACHED
PILOTED SCHOOLS
2710 BETHEL AVEINDIANAPOLISIN46201471463644501C3$305,000SEE ATTACHED
AVONDALE MEADOWS ACADEMY
3980 MEADOWS DRINDIANAPOLISIN46205134289579501C3$250,000SEE ATTACHED
STAND FOR CHILDREN LEADERSHIP
546 E 17TH ST SUITE 201INDIANAPOLISIN46202521957214501C3$250,000SEE ATTACHED
MATCHBOOK LEARNING SCHOOLS OF INDIA
1163 N BELMONT AVEINDIANAPOLISIN46222823016780501C3$265,000SEE ATTACHED
ENROLL INDY
120 E WALNUT STINDIANAPOLISIN46204811788517501C3$400,000SEE ATTACHED
SOCIAL GOOD FUND INC
2138 DUNN AVENUERICHMONDCA94801461323531501C3$555,000SEE ATTACHED
ROOTED SCHOOL
643 MAGAZINE STREET 206NEW ORLEANSLA70130471901769501C3$50,000SEE ATTACHED
RELAY GRADUATE SCHOOL OF EDUCATION
40 W 20TH ST 7TH FLOORNEW YORKNY10011275316628$400,000SEE ATTACHED
TEACH FOR AMERICA
315 WEST 36TH ST 7TH FLOORNEW YORKNY10018133541913501C3$1,377,500SEE ATTACHED
SUPER SCHOOL
2020 DAWSON STINDIANAPOLISIN46203824429064501C3$81,155SEE ATTACHED
TEACH PLUS
27-43 WORMWOOD ST TOWER POINTBOSTONMA02210263849472501C3$25,000SEE ATTACHED
GLOBAL PREPARATORY ACADEMY
2033 SUGAR GROVE AVEINDIANAPOLISIN46202472593404501C3$50,000SEE ATTACHED
IGNITE ACHIEVEMENT ACADEMY
1002 W 25TH STINDIANAPOLISIN46208813711344501C3$15,982SEE ATTACHED
INVENT LEARNIG HUB
1630 N MERIDIAN ST SUITE 450INDIANAPOLISIN46202825228511501C3$12,000SEE ATTACHED
INDPL PS EDUCATION FOUNDATION
120 E WALNUT ST RM 104BINDIANAPOLISIN46204311103966501C3$69,000SEE ATTACHED
KIPP INDIANAPOLIS INC
1740 EAST 30TH STINDIANAPOLISIN46218310145826501C3$80,500SEE ATTACHED
TNTP INC
500 SEVENTH AVE 8TH FLOORNEW YORKNY10018133850158501C3$642,841TYPE 1 SUPPORTED ORG
FieldValueIRS element (for citing)
Total501c3 Org22Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
ExplanationTHE MIND TRUST COMMUNICATES WITH GRANTEES ON A REGULAR BASIS AND MONITORS THEIR GOALS AND OBJECTIVES PER THEIR FUNDING REQUEST. PART II 1(H): THE GRANT IS PROVIDED TO ASSIST ALLEGIANT PREP ACADEMY IN FURTHERING ITS EDUCATIONAL AND CHARITABLE PUPOSES UNDER CODE SECTION 501 (C)(3). SPECIFICALLY, THE MIND TRUST SEEKS TO ASSIST ALLEGIANT PREP ACADEMY IN DEVELOPING AND ESTABLISHING A CHARTER SCHOOL IN INDIANAPOLIS. PART II 2(H): THE GRANT IS PROVIDED TO ASSIST INTITUTE FOR QUALITY EDUCATION (IQE) IN FURTHERING ITS EDUCATIONAL AND CHARITABLE PURPOSES UNDER CODE SECTION 501(C)(3). SPECIFICALLY, THE MIND TRUST SEEKS TO ASSIST IQE IN ITS EFFORTS TO EDUCATE POLICYMAKERS AND THOUGHT LEADERS ON CHALLENGES IN K-12 EDUCATION AND THE IMPACT OF HIGH QUALITY CHARTER SCHOOLS AND INNOVATION NETWORK SCHOOLS. PART II 3(H): THE GRANT IS PROVIDED TO ASSIST URBAN ACT ACADEMY IN FURTHERING ITS EDUCATIONAL AND CHARITABLE PURPOSES UNDER CODE SECTION 501 (C)(3). SPECIFICALLY, THE MIND TRUST SEEKS TO ASSIST URBAN ACT ACADEMY IN DEVELOPING AND ESTABLISHING AN INNOVATION NETWORK SCHOOL IN INDIANAPOLIS. PART II 4(H): THE GRANT IS PROVIDED TO ASSIST INDIANAPOLIS CLASSICAL SCHOOLS IN FURTHERING ITS EDUCATIONAL AND CHARITABLE PURPOSES UNDER CODE SECTION 501(C)(3). SPECIFICALLY, THE MIND TRUST SEEKS TO ASSIST INDIANAPOLIS CLASSICAL SCHOOLS IN DEVELOPING AND ESTABLISHING A NETWORK OF INNOVATION NETWORK SCHOOLS/CHARTER SCHOOLS IN INDIANAPOLIS. PART II 5(H): THE GRANT IS PROVIDED TO ASSIST PARAMOUNT SCHOOL OF EXCELLENCE IN FURTHERING ITS EDUCATIONAL AND CHARITABLE PURPOSES UNDER CODE SECTION 501(C)(3). SPECIFICALLY, THE MIND TRUST SEEKS TO ASSIST PARAMOUNT SCHOOL OF EXCELLENCE IN DEVELOPING AND ESTABLISHING A NETWORK OF CHARTER SCHOOLS IN INDIANAPOLIS. PART II 6(H): THE GRANT IS PROVIDED TO ASSIST PILOTED SCHOOLS IN FURTHERING ITS EDUCATIONAL AND CHARITABLE PURPOSES UNDER CODE SECTION 501(C) (3). SPECIFICALLY, THE MIND TRUST SEEKS TO ASSIST PILOTED SCHOOLS IN DEVELOPING AND ESTABLISHING A CHARTER SCHOOL IN INDIANAPOLIS. PART II 7(H): THE GRANT IS PROVIDED TO ASSIST AVONDALE MEADOWS ACADEMY IN FURTHERING ITS EDUCATIONAL AND CHARITABLE PURPOSES UNDER CODE SECTION 501 (C)(3). SPECIFICALLY, THE MIND TRUST SEEKS TO ASSIST AVONDALE ACADEMY IN DEVELOPING AND ESTABLISHING A NETWORK OF INNOVATION NETWORK SCHOOLS/CHARTER SCHOOLS. PART II 8(H): THE GRANT IS PROVIDED TO ASSIST STAND FOR CHILDREN LEADERSHIP CENTER, INC. IN FURTHERING ITS EDUCATIONAL AND CHARITABLE PURPOSES UNDER CODE SECTION 501(C)(3). SPECIFICALLY, THE MIND TRUST SEEKS TO ASSIST CHILDREN LEADERSHIP CENTER, INC. IN ITS WORK TO SUPPORT PARENT AND FAMILY ENGAGEMENT AND ADVOCACY EFFORTS WITHIN INDIANAPOLIS PUBLIC SCHOOLS. PART II 9(H): THE GRANT IS PROVIDED TO ASSIST STAND FOR MATCHBOOK LEARNING SCHOOLS OF INDIANA, INC. IN FURTHERING ITS EDUCATIONAL AND CHARITABLE PURPOSES UNDER CODE SECTION 501(C)(3). SPECIFICALLY, THE MIND TRUST SEEKS TO ASSIST MATCHBOOK LEARNING SCHOOLS OF INDIANA IN DEVELOPING AND ESTABLISHING A NETWORK OF INNOVATION NETWORK SCHOOLS/CHARTER SCHOOLS IN INDIANAPOLIS. PART II, PAGE 2, 1(H): THE GRANT IS PROVIDED TO ASSIST ENROLL INDY, INC. IN FURTHERING ITS EDUCATIONAL AND CHARITABLE PURPOSES UNDER CODE SECTION 501 (C)(3). SPECIFICALLY, THE MIND TRUST SEEKS TO ASSIST ENROLL INDY, INC. IN SUPPORTING ITS OPERATIONS AND A UNIFIED ENROLLMENT SYSTEM. PART II, PAGE 2, 2(H): THE GRANT IS PROVIDED TO ASSIST SOCIAL GOOD FUND, INC. IN FURTHERING ITS EDUCATIONAL AND CHARITABLE PURPOSES UNDER CODE SECTION 501(C)(3). SPECIFICALLY, THE MIND TRUST SEEKS TO ASSIST SOCIAL GOOD FUND, INC. IN DEVELOPING AND OPERATING THRIVAL ACADEMY: INDY, AN INNOVATION NETWORK SCHOOL. PART II, PAGE 2, 3(H): THE GRANT IS PROVIDED TO ASSIST ROOTED SCHOOL IN FURTHERING ITS EDUCATIONAL AND CHARITABLE PURPOSES UNDER CODE SECTION 501 (C)(3). SPECIFICALLY, THE MIND TRUST SEEKS TO ASSIST ROOTED SCHOOL IN DEVELOPING AND ESTABLISHING A CHARTER SCHOOL IN INDIANAPOLIS. PART II, PAGE 2, 4(H): THE GRANT IS PROVIDED TO ASSIST RELAY GRADUATE SCHOOL OF EDUCATION IN FURTHERING ITS EDUCATIONAL AND CHARITABLE PURPOSES UNDER CODE SECTION 501(C)(3). SPECIFICALLY, THE MIND TRUST SEEKS TO ASSIST RELAY GRADUATE SCHOOL OF EDUCATION IN LAUNCHING A TEACHER RESIDENCY PROGRAM IN INDIANAPOLIS AND TRAINING TEACHERS FOR INDIANAPOLIS ACHOOLS. PART II, PAGE 2, 5(H): THE GRANT IS PROVIDED TO ASSIST TEACH FOR AMERICA IN FURTHERING ITS EDUCATIONAL AND CHARITABLE PURPOSES UNDER CODE SECTION 501 (C)(3). SPECIFICALLY, THE MIND TRUST SEEKS TO ASSIST TEACH FOR AMERICA IN OPERATING ITS INDIANAPOLIS SITE AND PROVIDING TEACHERS TO INDIANAPOLIS SCHOOLS. PART II, PAGE 2, 6(H): THE GRANT IS PROVIDED TO ASSIST SUPER SCHOOL IN FURTHERING ITS EDUCATIONAL AND CHARITABLE PURPOSE UNDER CODE SECTION 501 (C)(3). SPECIFICALLY, THE MIND TRUST SEEKS TO ASSIST SUPER SCHOOL IN DEVELOPING AND ESTABLISHING AN INNOVATION NETWORK IN INDIANAPOLIS. PART II, PAGE 2, 7(H): THE GRANT IS PROVIDED TO ASSIST TEACH PLUS IN FURTHERING ITS EDUCATION AND CHARITABLE PURPOSES UNDER CODE SECTION 501(C) (3). SPECIFICALLY, THE MIND TRUST SEEKS TO ASSIST TEACH PLUS IN OPERATING ITS INDIANAPOLIS SITE AND PROVIDING SUPPORTS AND OPPORTUNITIES TO TEACHERS IN INDIANAPOLIS SCHOOLS. PART II, PAGE 2, 8(H): THE GRANT IS PROVIDED TO ASSIST GLOBAL PREPARATORY ACADEMY IN FURTHERING ITS EDUCATIONAL AND CHARITABLE PURPOSES UNDER CODE SECTION 501(C)(3). SPECIFICALLY, THE MIND TRUST SEEKS TO ASSIST THE GLOBAL PREPARATORY ACADEMY IN ESTABLISHING A PARENT ORGANIZING EFFORT AT ITS INNOVATION NETWORK SCHOOL IN INDIANAPOLIS. PART II, PAGE 2, 9(H): THE GRANT IS PROVIDED TO ASSIST IGNITE ACHIEVEMENT ACADEMY IN FURTHERING ITS EDUCATIONAL AND CHARITABLE PURPOSE UNDER CODE SECTION 501(C)(3). SPECIFICALLY, THE MIND TRUST SEEKS TO ASSIST IGNITE ACHIEVEMENT IN OPERATING AN INNOVATION NETWORK SCHOOL/CHARTER SCHOOL IN INDIANAPOLIS. PART II, PAGE 3, 1(H): THE GRANT IS PROVIDED TO ASSIST INVENT LEARNING HUB IN FURTHERING ITS EDUCATIONAL AND CHARITABLE PURPOSE UNDER CODE SECTION 501(C)(3). SPECIFICALLY, THE MIND TRUST SEEKS TO ASSIST INVENT LEARNING HUB IN DEVELOPING AND ESTABLISHING A CHARTER SCHOOL IN INDIANAPOLIS. PART II, PAGE 3, 2(H): THE GRANT IS PROVIDED TO ASSIST INDIANAPOLIS PUBLIC SCHOOLS EDUCATION FOUNDATION IN FURTHERING ITS EDUCATIONAL AND CHARITABLE PURPOSES UNDER CODE SECTION 501(C)(3). SPECIFICALLY, THE MIND TRUST SEEKS TO ASSIST INDIANAPOLIS PUBLIC SCHOOLS EDUCATION FOUNDATION IN ITS EFFORTS TO IMPLEMENT TALENT INITIATIVES WITHIN THE DISTRICT. PART II, PAGE 3, 3(H): THE GRANT IS PROVIDED TO ASSIST KIPP INDIANAPOLIS, INC., IN FURTHERING ITS EDUCATIONAL AND CHARITABLE PURPOSES UNDER CODE SECTION 501(C)(3). SPECIFICALLY, THE MIND TRUST SEEKS TO ASSIST KIPP INDIANAPOLIS, INC., IN DEVELOPING AND LAUNCHING A TEACHER TRAINING PROGRAM AND A NETWORK OF CHARTER SCHOOLS IN INDIANAPOLIS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
DAVID HARRIS
FOUNDER AND CEO$291,278$25,242$25,150$341,670
BRANDON BROWN
CEO$167,585$3,421$25,150$196,156
KAMEELAH SHAHEED-DIALIO
SR VP OF COMMUNITY$162,008$3,067$16,664$181,739
LAUREN RUSH
SR. VP OF OPERATIONS$130,034$2,740$17,330$150,104

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTHE MIND TRUST EXECUTES THREE CORE STRATEGIES: GROWING HIGH QUALITY SCHOOLS; INVESTING IN WORLD-CLASS TALENT; AND SUPPORTING SCHOOLS TO SUCCEED, AND ENGAGING THE COMMUNITY AND ADVANCING POLICY. THE MIND TRUST OPERATES A PAIR OF UNIQUE SCHOOL INCUBATORS-THE INNOVATION SCHOOL FELLOWSHIP AND CHARTER SCHOOL FELLOWSHIP TO ENTICE TALENTED LEADERS TO LAUNCH HIGH QUALITY PUBLIC SCHOOLS IN INDIANAPOLIS. THROUGH ITS THIRD INCUBATOR, THE EDUCATION ENTREPRENEUR FELLOWSHIP, THE MIND TRUST ATTRACTS SOCIAL INNOVATORS TO INDIANAPOLIS TO LAUNCH BREAK THE MOLD NONPROFITS THAT PROVIDE GREAT SCHOOLS WITH CRITICAL SUPPORTS. THE MIND TRUST WORKS CLOSELY WITH ITS PARTNERS TO CULTIVATE THE LANDSCAPE NEEDED FOR SCHOOLS TO THRIVE THROUGH COMMUNITY ENGAGEMENT AND PUBLIC POLICY/THOUGHT LEADERSHIP EFFORTS. THE MIND TRUST IS A FUNDING INTERMEDIARY AND LOCAL CHAMPION FOR ENTREPRENEURIAL EDUCATION VENTURES.
FORM 990, PAGE 2, PART III, LINE 4AINNOVATIVE AND FLEXIBLE IN THE CLASSROOM. THE EDUCATION ENTREPRENEUR FELLOWSHIP LAUNCHES INNOVATIVE, HIGH-QUALITY NONPROFIT EDUCATION ORGANIZATIONS, INCLUDING GREAT PUBLIC SCHOOLS AND OTHER GROUPS THAT ADDRESS SPECIFIC CHALLENGES FACING LOCAL SCHOOLS AND STUDENTS. THE MIND TRUST ACTIVELY ENGAGES THE COMMUNITIES AND NEIGHBORHOODS IT SERVES TO CREATE SUPPORT FOR THE SCHOOLS IT LAUNCHES, AS WELL AS FOR BROADER EFFORTS TO RESHAPE EDUCATION. THE MIND TRUST ALSO SUPPORTS AND CONDUCTS RESEARCH ON CRITICAL ISSUES AND ADVANCES BOLD POLICY INITIATIVES TO CREATE A LANDSCAPE THAT FOSTERS THE GROWTH OF QUALITY SCHOOLS. THE MIND TRUST IS A FUNDING INTERMEDIARY AND LOCAL CHAMPION FOR ENTREPRENEURIAL EDUCATION VENTURES.
FORM 990, PAGE 6, PART VI, LINE 11BLINE 11B THE MIND TRUST'S FORM 990 AND ALL RELATED SCHEDULES, STATEMENTS AND ATTACHMENTS ARE REVIEWED AND APPROVED BY THE FINANCE AND AUDIT COMMITTEE AND THE FULL BOARD OF DIRECTORS PRIOR TO FILING THE RETURNS WITH THE IRS.
FORM 990, PAGE 6, PART VI, LINE 12CLINE 12C THE MIND TRUST'S CONFLICT OF INTEREST POLICY COVERS ALL EMPLOYEES, OFFICERS, AND DIRECTORS OF THE MIND TRUST. THE MIND TRUST'S BOARD OF DIRECTORS IS RESPONSIBLE FOR OVERSIGHT OF ALL DISCLOSURES OR FAILURES TO DISCLOSE CONFLICTS OF INTEREST AND FOR TAKING APPROPRIATE ACTION IN THE CASE OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST TRANSACTION. THE MIND TRUST'S DIRECTOR OF FINANCE AND OPERATIONS REVIEWS THE ANNUAL CONFLICT OF INTEREST DISCLOSURE FORMS COMPLETED BY EMPLOYEES, DIRECTORS AND OFFICERS OF THE MIND TRUST'S BOARD OF DIRECTORS, AND AS NECESSARY, THE MIND TRUST'S OUTSIDE COUNSEL, IN DETERMINING IF A CONFLICT EXISTS. IF AN EMPLOYEE, OFFICER OR DIRECTOR HAS A CONFLICT, HE OR SHE IS EXCLUDED FROM DELIBERATIONS AND DECISIONS RELATED TO THE ISSUE.
FORM 990, PAGE 6, PART VI, LINE 15AANNUALLY, THE MIND TRUST'S COMPENSATION COMMITTEE REQUESTS THE CEO COMPLETE A WRITTEN SELF-ASSESSMENT AND PROVIDE THE SELF- ASSESSMENT TO THE COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE REQUESTS FEEDBACK FROM CURRENT AND/OR RECENT EMPLOYEES, AS WELL AS OTHER BOARD MEMBERS, AS APPROPIATE ON AN ANONYMOUS BASIS TO SOLICIT THEIR INDIVIDUAL INPUT ON THE CEO'S PERFORMANCE. THE COMPENSATION COMMITTEE CONFERS TO DETERMINE PERFORMACE FEEDBACK AS WELL AS ANY CHANGES TO THE CEO TO RELAY THAT FEEDBACK AND ANY COMPENSATION CHANGE. THE COMPENSATION COMMITTEE COMMUNICATES THE PROCESS AND OUTCOME TO THE BOARD OF DIRECTORS AND SEND WRITTEN NOTIFICATION TO THE MIND TRUST'S ADMINSTRATION OF ANY ADJUSTMENT IN COMPENSATION, EFFECTIVE JULY 1, OF ANY GIVEN YEAR.
FORM 990, PAGE 6, PART VI, LINE 19THE MIND TRUST, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS, AS APPLICABLE, AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST MADE TO THE ATTENTION OF ITS CEO AND RECEIVED AT ITS CORPORATE OFFICE.
FORM 990, PART IX, LINE 11GCONSULTING 1,895,636 18,841 10,254

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
TNTP INC
500 SEVENTH AVE 8TH FLOORNEW YORKNY10018133850158EDUCATIONNY501 C37N/Afalse
UNIVERSITY OF INDIANAPOLIS
1400 E HANNA AVEINDIANAPOLISIN46227350868107EDUCATIONIN501 C37N/Afalse
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1THE NEW TEACHER PROJECTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeBTransactionTypeTxt
Involved$642,841InvolvedAmt
Method Of Amount DeterminationFMV, CASH PAIDMethodOfAmountDeterminationTxt

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