A Grateful Mind International Inc

Nonprofit profile at a glance

EIN
453260393
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024
Location
Lawrenceville, GA, USA
Phone
6789519753
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Homeless Centers

Reported finances

Revenue
$121,100
Expenses
$90,675
Assets
$69,960
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Cindy Rand (President/ Sr. Executive Director)

People named in this filing

  • Cindy Rand (President/ Sr. Executive Director)
  • Chanel McClain (Chairman)
  • Ronricous Favors (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A Grateful Mind's stated mission is to provide immediate humanitarian relief to individuals & families who are experiencing a crisis; while providing them access to educational resources that will empower them to move beyond their crisis on to a path of sustained self-sufficiency. Operating as a state-wide network dedicated to fostering strategic initiatives to prevent and end homelessness and poverty, by addressing the root cause variables of the persons experiencing the crisis, our organization engages the process of building collaborative responses to aide with the individualized needs of low-income and homeless persons in the regions where we operate.

What it reported doing in 2024

Food Security. Our organization continues to successfully provide street outreach and navigation through our food distribution programs to reach communities that would otherwise go unserved due to homelessness and extreme poverty. We received an equipment grant to purchase a larger freezer and pallet jacks. Our Feeding Families Hope Food Pantries reached a milestone to be able to increase the number of seniors/elderly persons we serve monthly that were experiencing food insecurity and at risk of homelessness. This effort allowed our team to identify more of the elderly that were homeless, at risk of becoming homeless and/or that needed to be connected with our community partners for additional assistance with monthly expenses, home repairs, medical equipment or health issues. Our Meals on Wheels for the Homeless program enabled our team to distribute 14,000 pounds of food. There were 240 bags monthly of personal items with community resources & referrals in Georgia; and 150 bags monthly of personal items with community resources & referrals in Florida.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 82
  • Sustainability: 69
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.3%; rating input score 75
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 25.1%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 0.77; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 73.7% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 66.8% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 66.9% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 75.3% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 6 filed program accomplishments · $91K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.