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Illinois · Nonprofit

IGNITING MINDS INC

IGNITING MINDS INC (Illinois) receives grants from 3 organizations whose IRS filings report $37,500 to it, the largest being FIELD FOUNDATION OF ILLINOIS ($20,000). 0 of them have funded it in more than one year.

Revenue FY2025
$152k
Funders on record
3
Grants received
$38k
Net assets
$16k
0/3 repeat funders
01What it does

What Igniting Minds Inc does

Mission

Igniting Minds works to close the educational and nutritional gaps that contribute to generational poverty in Chicago through academic enrichment, workforce development, food insecurity programming, and cultural exchange.

As stated on its FY2025 Form 990-EZ.

Programs

  1. Igniting Minds provided academic enrichment programs for youth in underserved communities, helping students strengthen academic skills and improve educational outcomes.

    $58,020 spent
    47% of program spending
  2. In response to food insecurity, the Bright Futures Meal Bundles program provided 125 families with nutritious, easy-to-prepare meals, ensuring consistent access to nutritious food outside of school hours.

    $41,280 spent
    33% of program spending
  3. Igniting Minds exposed young people to cultural culinary traditions and workforce pathways in hospitality, fostering cross-cultural understanding and community connection while building career awareness and real-world skills.

    $24,529 spent
    20% of program spending

The 3 programs described on its FY2025 Form 990-EZ. Program spending in total: $123,829.

02The organization over time

The organization over time

Each line starts at 100 in 2024, so what you read is the shape rather than the size: 150 means half as much again as 2024, 50 means half. The number beside each label in the key is where it ended.

100 = 20242024 Revenue 100 ($120k) Expenses 100 ($120k) Net assets 100 ($6k)2025 Revenue 127 ($152k) Expenses 119 ($142k) Net assets 280 ($16k)
20242025
Revenue (127)Expenses (119)Net assets (280)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $6k to $16k (+180%).

$6k
$16k
20242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 2 reported years ran a deficit.

$0
’24
$10k
’25

Leadership and staff

Chief executive

Latrice McArthur

Executive Director

As listed on its FY2025 Form 990-EZ.

03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 20% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of IGNITING MINDS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

IGNITING MINDS INC leans on a few funders — its largest provides 53% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

47% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund IGNITING MINDS INC.

53%
largest funder
100%
top three
~3
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of IGNITING MINDS INC's grant income comes from Illinois funders.

IL

Funder states come from each funder’s own filing. $8k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like IGNITING MINDS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IL

Screen this organization

A dated, signed PDF of the compliance screen for IGNITING MINDS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds IGNITING MINDS INC?
IGNITING MINDS INC (Illinois) receives grants from 3 organizations whose IRS filings report $37,500 to it, the largest being FIELD FOUNDATION OF ILLINOIS ($20,000). 0 of them have funded it in more than one year.
How many funders does IGNITING MINDS INC have?
IRS filings report 3 organizations giving $37,500 in grants to IGNITING MINDS INC.
Who is the largest funder of IGNITING MINDS INC?
FIELD FOUNDATION OF ILLINOIS is the largest funder on record, with $20,000 in grants. The full list of funders is on this page.
How can an organization like IGNITING MINDS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2024–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing