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Filing year 2023

INSPIRING MINDS

Providence, Rhode Island·EIN 05-0310175·NTEE B20N · Education·501(c)(3)
Total revenue
$929k
Total assets
$584k
Total expenses
$923k
Reported officers
12
Mission

INSPIRING MINDS EMPOWERS STUDENTS TO SUCCEED IN SCHOOL AND LIFE BY SUPPORTING THEM WITH TRUSTED RELATIONSHIPS, TUTORING AND MENTORING FROM INSPIRED COMMUNITY MEMBERS.

Reported officers (all unpaid)

No paid executives reported in 2023. INSPIRING MINDS reported 12 unpaid officers and board members on its 990.

Chairman
Vice Chair
Treasurer
Secretary
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
Executive Director
Pay in context

Top pay as a share of expenses

In 2022, the highest total compensation at INSPIRING MINDS equaled 7% of the organization's total expenses. The median for education organizations is 7%.

This organization (2022)
7%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

INSPIRING MINDS reported revenue and expenses across 2 filing years.

RevenueExpenses
$915k
$865k
2022
$929k
$923k
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Rhode Island

INSPIRING MINDS reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable education organization in Rhode Island earns a median of $113,344.

25th percentile
$43k
Median
$113,344
75th percentile
$175k
90th percentile
$315k

These are education sector-wide figures, not this organization's reported pay. Based on 142 organizations across 142 filings (2022 – 2024).

See full Education pay data for Rhode Island

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FAQ

Common questions about INSPIRING MINDS

What are INSPIRING MINDS's revenue and expenses?

In 2023, INSPIRING MINDS reported $929k in total revenue and $923k in total expenses on its IRS Form 990.

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