Inspiring Minds Raleigh-durham is a 501(c)(3) organization based in Durham, North Carolina, registered in 2021, with $534 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$534
▼ 99.8% vs prior year
Youth median: $163K
Expenses (FY2023)
$120K
Net assets
$152
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Inspiring Minds Raleigh-durham— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Inspiring Minds Raleigh-durham: 0 mo reserves · -22407% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Inspiring Minds Raleigh-durham— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Inspiring Minds Raleigh-durham: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $144K (FY2021) to $534 (FY2023) across 3 reported years.
Financial snapshot
Operating margin
-22407.1%
Spent more than it raised in the latest fiscal year.
Total assets
$152
Net assets
$152
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $534▼99.8% | $120,188▼10.6% | $152▼99.9% | $152▼99.9% | 990EZ |
| 2022 | $253,662▲75.6% | $134,513▼6.5% | $119,806▲18135% | $121,719▲2732% | 990 |
| 2021 | $144,470 | $143,813 | $657 | $4,298 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Inspiring Minds Raleigh-durham (EIN 86-2159341) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.