Aktive Minds Foundation
Nonprofit profile at a glance
- EIN
- 872402543
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Detroit, MI, USA
- Phone
- 3137215654
- Rating
- 61
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy
Reported finances
- Revenue
- $81,538
- Expenses
- $54,171
- Assets
- $28,038
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Sarah Deramo (Executive Director)
- Nicolo Deramo (President)
- Roy Bishop Jr (Vice President)
People named in this filing
- Sarah Deramo (Executive Director)
- Nicolo Deramo (President)
- Roy Bishop Jr (Vice President)
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
The organization was formed to act as a resource of benefit to existing and future enrichment youth organizations, and to any individual child and or family looking to participate in direct or qualifying third party enrichment programs. Free resources and tools are provided in all forms to be used for both mental and physical development of youth and their families as well as host community events to serve as social and emotional outlets for them.
What it reported doing in 2024
Free event for children to get haircuts, food, raffle prizes to assist the children to get out and active in the community. Physical activity helps children stay fit mentally and physicially. Back to school giveaways also ensure that all children have the supplies they need to be successful in the classroom.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 51
- Transparency & Controls: 82
- Sustainability: 63
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 43%; rating input score 43
- Program expense ratio: 64.8%; rating input score 65
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 33.6%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 0.52; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 43% of revenue deployed · 64.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $35K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 43/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.