Future Minds Foundation Panama Inc

Nonprofit profile at a glance

EIN
883839313
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Delray Beach, FL, USA
Phone
8778295500
Rating confidence
Limited
Sector
Fund Raising and Fund Distribution

Official website

Reported finances

Revenue
$129,184
Expenses
$38,119
Assets
$226,340

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Wendy McArthur Trumbo (President)

People named in this filing

  • Wendy McArthur Trumbo (President)
  • Donna Thompson (Treasurer)
  • Mike Myatt (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

Future Minds Foundation Panama is dedicated to transforming the lives of the Pinas Bay community in the Darien region of Panama through its financial support of local partners that deliver education, conservation, and community health programs. Our efforts focus on raising awareness and support for sustainable development and improving living conditions in the region.

What it reported doing in 2024

The organization exists to raise funds for the Pinas Bay community in Panama. No funds were granted for these purposes in 2024

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 100
  • Sustainability: 82
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

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

Sustainability

  • Operating margin: 70.5%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 5.94; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -5.7% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: 42.3% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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: Revenue growth scored 0/100.