Mindshare Inc

Nonprofit profile at a glance

EIN
300521928
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Alexandria, VA, USA
Phone
2028122608
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$125,402
Expenses
$150,365
Assets
$158,224
Liabilities
$0

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

Leadership & pay

12 people listed

People named in this filing

  • APRIL L YOUNG (CO-CHAIR, DIRECTOR)
  • STEVE BALISTRERI (TREASURER, DIRECTOR)
  • MICHAEL R LINCOLN (SECRETARY, 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

The purpose of the organization is to provide an educational forum for new and rising executives and founders in the technology and business community. Its mission is to help ceos from the most promising technology and life sciences growth companies in the greater Washington metropolitan region build long-term, sustainable companies by creating opportunities and a sense of community and fostering teamwork in a collegial environment. Additionally, as ceos complete the mindshare program, the organization provides opportunities for graduating alumni to maintain and enhance relationships formed and expand relationships throughout the network of mindshare alumni.

What it reported doing in 2024

The organization provides a forum exclusively for ceos to share their successes and challenges. Each session focuses on a different aspect of nurturing and growing an emerging business and offers mentoring programs. Class topics include entrepreneurial leadership, financing, building successful teams, sales and marketing, risk management, effective communication, and stories of ceo success and failure. The organization also conducts activities and promotes events to continue the collaboration between alumni and current class participants.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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: 38
  • Growth: 60

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: -19.9%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 1.05; rating input score 61; 61st 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: Limited
  • Revenue growth: 5% per year; rating input score 100; 47th percentile among comparable filings
  • Asset growth: 6.6% per year; rating input score 100; 50th 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 · 12 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2010 to 2024
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 8/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.