Overview
What is The Mind Trust Inc?
The Mind Trust Inc, established in 2006, is a nonprofit organization based in Indianapolis, Indiana. Their primary mission is to transform the local education landscape, ensuring every Indianapolis student has access to a high-quality education. Over the past 16 years, they have supported the launch of 45 public schools and 15 education nonprofit organizations in the city. To achieve this goal, they amplify neighborhood and community power, support schools to grow and excel, and disrupt systemic racism in education. The Mind Trust operates three incubators: the Innovation School Fellowship, the Charter School Fellowship, and the Education Entrepreneur Fellowship. These programs help launch high-quality public schools and education nonprofits in Indianapolis, aiming to create a thriving education ecosystem. The Fellowships and Empowerment Awards enable schools to convert to Innovation Network School status, launch or expand excellent public charter schools, and launch innovative, high-quality nonprofit education organizations. In addition to supporting the education sector, The Mind Trust advocates for educational equity and change by establishing and enhancing partnerships with community members and organizations to address barriers for marginalized students. They also host community conversations, education tours, and events to engage leaders and stakeholders in Indianapolis public schools issues. Furthermore, The Mind Trust is committed to racial equity, focusing on eliminating the predictability of race in determining a student's academic success. They offer Indianapolis Equity Cohorts and work to maintain and strengthen the conditions for student success through policy, advocacy, effective system-level solutions, and collaboration within the education sector.
Official website here: www.themindtrust.org
What do the Facebook reviews say about The Mind Trust Inc?
82% of 13 reviewers on Facebook recommend The Mind Trust Inc. Here is a summary of their reviews:
While a significant portion of reviewers express support for the nonprofit's mission, a critical voice highlights concerns regarding its focus and alleged political affiliations. The positive sentiment revolves around the belief that The Mind Trust Inc. is making strides in education reform and teacher recruitment. However, criticisms point to claims of promoting specific ideologies, which some could find concerning.
Overall, there's a mix of approval and apprehension within the community, indicating a divided perception about the nonprofit's direction and impact.
This AI summary has been generated from reviews found on Facebook.
Is The Mind Trust Inc legitimate?
The Mind Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mind Trust Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,659,964
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,506,847
For more financial information, click here
Official website here: www.themindtrust.org
What is the mission statement of The Mind Trust Inc?
The Mind Trust's mission is centered around providing every student with access to an excellent education. They aim to amplify the power of neighborhoods and communities to drive education change, support schools to grow and excel in a thriving education ecosystem, and dismantle systemic racism in education. Their goal is to ensure that a significant number of students within their educational system are academically proficient by 2027, tripling the current baseline from 2021. To achieve this, they continuously pursue racial equity, ensure student access to high-quality schools and educators, empower families and communities, and sustain a strong education landscape.
Official website here: www.themindtrust.org
Who is the CEO of The Mind Trust Inc?
Brandon Brown is the CEO of The Mind Trust Inc The CEO's salary of The Mind Trust Inc is $353,441 and their total compensation is $412,490.
Official website here: www.themindtrust.org
What is the revenue of The Mind Trust Inc?
The Mind Trust Inc's revenue in 2024 was $49,302,138.
Official website here: www.themindtrust.org
Who are the executives of The Mind Trust Inc and what are their salaries?
The average compensation at The Mind Trust Inc during 2024 was $101,630. There are 41 employees and 10 volunteers at The Mind Trust Inc.
Here are 26 key members and their salaries (The Mind Trust Inc's CEO's salary is $353,441 and their total compensation is $412,490):
- Compensation: $353,441
- Related: $0
- Other: $59,049
- Compensation: $238,858
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- Other: $54,412
- Compensation: $199,199
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- Other: $53,873
- Compensation: $186,196
- Related: $0
- Other: $55,239
- Compensation: $181,418
- Related: $0
- Other: $49,832
- Compensation: $170,027
- Related: $0
- Other: $17,847
- Compensation: $141,444
- Related: $0
- Other: $17,829
- Compensation: $130,374
- Related: $0
- Other: $23,118
- Compensation: $129,837
- Related: $0
- Other: $35,189
- Compensation: $121,518
- Related: $0
- Other: $44,835
- Compensation: $114,429
- Related: $0
- Other: $49,179
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Official website here: www.themindtrust.org
Where can I find the form 990 for The Mind Trust Inc?
The Mind Trust Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.themindtrust.org
Learn more at the official website: www.themindtrust.org
Mission Statement of The Mind Trust Inc
The Mind Trust, established in 2006, has a mission to revolutionize the K-12 education landscape in Indianapolis, ensuring every student has access to a high-quality education. By amplifying the power of neighborhoods and communities, this nonprofit aims to lead education change, support schools to excel in a thriving education ecosystem, and dismantle systemic racism in education. The Mind Trust's ultimate goal is to ensure that Indianapolis becomes a city where race and income no longer determine life outcomes. To accomplish this, they aim to triple the number of students within Indianapolis public schools' geography who are academically proficient by 2027, starting from a 2021 baseline. To achieve this objective, The Mind Trust pursues racial equity, ensures students have access to high-quality schools and educators, empowers families and communities, and sustains a robust education landscape in Indianapolis. In doing so, The Mind Trust supports, benefits, and performs the educational and charitable purposes of the University of Indianapolis and TNTP.
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Impact
October, 2024
The Mind Trust Inc has significantly transformed the K-12 education landscape in Indianapolis since its inception in 2006. By supporting the launch of 45 public schools and 15 education organizations, it has expanded access to high-quality educational opportunities for students across the city. A key aspect of The Mind Trust's approach is its commitment to racial equity, aiming to eliminate disparities in educational outcomes based on race and income.
Through its various programs, including the Innovation School Fellowship, Charter School Fellowship, and Education Entrepreneur Fellowship, The Mind Trust has helped create innovative and autonomous schools that can adapt to the specific needs of their communities. These initiatives foster an environment where high-performing schools can thrive, thereby elevating the overall educational landscape in Indianapolis.
The organization actively engages with communities, amplifying their voices to advocate for educational equity. By establishing partnerships with local organizations and community members, The Mind Trust addresses barriers faced by marginalized students, ensuring that education is both inclusive and accessible. Their community investment initiatives encourage collaborations between public schools and local entities, fostering a support network that enhances student learning.
Additionally, The Mind Trust is focused on systemic change through policy advocacy and collaboration within the education sector. It offers equity cohorts that allow educational organizations to confront biases in hiring and retention, enhancing diversity, equity, and inclusion practices within schools.
By setting ambitious goals, such as tripling the number of academically proficient students by 2027, The Mind Trust is committed to creating a robust education ecosystem in Indianapolis where every child has the opportunity to succeed. Through its sustained efforts, The Mind Trust is not just transforming schools; it is reshaping the future for countless students and their communities.
This information is meant to be a general summary of The Mind Trust Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $1,138,140
- Program Service Revenue: $19,896,590
- Gross Receipts: $49,536,730
Assets and Liabilities:
- Total Assets: $18,983,816
- Total Liabilities: $1,958,140
- Net Assets: $17,025,676
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTNERSHIP/SUPPORT SERVICES
Revenue
$19,896,590
Organization Details
Founding Year
2006
Principal Officer
Brandon Brown
Website
www.themindtrust.orgNTEE Category
Code: B052 - Education
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