The Mindcap Center Inc
Nonprofit profile at a glance
- EIN
- 824686773
- IRS 990 coverage
- 2019–2025
- Forms available
- Form 990 2025, Form 990-N 2018
- Location
- Fort Wayne, IN, USA
- Phone
- 2602714650
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Mental Health Treatment F31 Psychiatric, Mental Health Hospital
Reported finances
- Revenue
- $327,284
- Expenses
- $372,580
- Assets
- $180,625
- Liabilities
- $31,658
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- TOMRA CARDIN (PRESIDENT)
Highest reported compensation
- KARLA SHELEY (EXECUTIVE DI): $49,004 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mindcap center will provide specific interventions and therapy for children and adults with cognitive impairments. All therapists will be trained in feuerstein programs and methods, which originated in israel. Parents and caregivers will be requested to participate in therapy to learn methods to assist their family member in continuing their progress. The mindcap center will be holistic and treat each client with utmost care and respect.
What it reported doing in 2025
The feuerstein method teaches the skill of learning how to learn. We offer tools and techniques to identify and enhance a person's learning potential. The mindcap team is trained in the feuerstein method and offers services and training locally as well as training internationally. All feuerstein training offered by mindcap is certified by the feuerstein institute.
Operating model
- Revenue model
- Earned-program. 80% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 98% 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 a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 92
- Accountability: 84
- Sustainability: 19
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.1%; rating input score 66
- Program expense ratio: 58.1%; rating input score 58
- Fundraising efficiency: $12.94 raised per $1 spent on fundraising; rating input score 44; 44th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -13.8%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 0.48; rating input score 24; 24th percentile among comparable filings
- Liabilities to assets ratio: 0.18; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 13.2%; rating input score 24; 24th percentile among comparable filings
Growth
- Program expense growth: 2.2% per year; rating input score 100; 38th percentile among comparable filings
- Revenue growth: 1.8% per year; rating input score 100; 29th percentile among comparable filings
- Asset growth: 9.1% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: 66.1% of revenue deployed · 58.1% of spending went to programs
- Governance: 4 of 4 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $217K in reported program spending
- Leadership: top reported pay $49K · 6 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 6 filing years from 2019 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Review — Financial Efficiency: Program expense ratio scored 58/100.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 44/100.
- High — Sustainability: Operating margin scored 15/100.
- High — Sustainability: Total-asset coverage ratio scored 24/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.
- High — Sustainability: Officer compensation ratio scored 24/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.