Creating Young Minds
Nonprofit profile at a glance
- EIN
- 453818994
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Lake Dallas, TX, USA
- Phone
- 2019239039
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $49,496
- Expenses
- $46,126
- Assets
- $3,374
- Liabilities
- $60,300
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- MATHIS CROWDER (PRESIDENT)
People named in this filing
- MATHIS CROWDER (PRESIDENT)
- SHIRA A ACKERMAN (ACADEMIC DIR)
- CHARLEY BROWN (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
Vision: our vision is for the young men living in our communities to gain a broader appreciation for self and others, education, and athletics through basketball, school, support and guidance. Our mission is to teach young men about the importance of education, hard work and being humble in all aspects of life. Creating young mindstm emphasizes education, character, and responsibility. During 2024, we helped over 150 kids and young men between the ages of 6 and 30 from multiple states across the united states. We provided five free youth camps, a toy drive, and three food drives for families in need within our community. Our young men competed in eleven basketball events to showcase their skills both on and off the court in front of college coaches and scouts, as well as professional basketball coaches, scouts, and agents. Five of the young men earned college scholarships to play basketball at the collegiate and university level. Another fifteen of the young men earned contracts to pla
What it reported doing in 2024
Vision: our vision is for the young men living in our communities to gain a broader appreciation for self and others, education, and athletics through basketball, school, support and guidance. Our mission is to teach young men about the importance of education, hard work and being humble in all aspects of life. Creating young mindstm emphasizes education, character, and responsibility. During 2024, we helped over 150 kids and young men between the ages of 6 and 30 from multiple states across the united states. We provided five free youth camps, a toy drive, and three food drives for families in need within our community. Our young men competed in eleven basketball events to showcase their skills both on and off the court in front of college coaches and scouts, as well as professional basketball coaches, scouts, and agents. Five of the young men earned college scholarships to play basketball at the collegiate and university level. Another fifteen of the young men earned contracts to play professional basketball around the world. During this past year, we also helped three of the young men maintain their own businesses, including a lawn company, personal training, and basketball coaching.
Operating model
- Revenue model
- Donor-supported. 86% of the money available for current operations came from contributions and gifts.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 82
- Sustainability: 36
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.9%; rating input score 88
- Program expense ratio: 94.3%; rating input score 94
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 6.8%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 0.07; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 17.87; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -2.2% per year; rating input score 0; 42nd percentile among comparable filings
- Revenue growth: -0.5% per year; rating input score 0; 49th percentile among comparable filings
- Asset growth: 4.2% per year; rating input score 100; 55th percentile among comparable filings
Details
- Where the money goes: 87.9% of revenue deployed · 94.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $43K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- Review — Sustainability: Operating margin scored 57/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.