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Rhode Island · Nonprofit

INSPIRING MINDS

INSPIRING MINDS (Rhode Island) receives grants from 41 organizations whose IRS filings report $1,205,532 to it, the largest being THE RHODE ISLAND COMMUNITY FOUNDATION ($301,948). 28 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$842k
Funders on record
41
Grants received
$1.2M
Net assets
$273k
28/41 repeat funderspeak grant-dependency 43%
01What it does

What Inspiring Minds does

Mission

Inspiring Minds empowers students to succeed in school and life by supporting them with trusted relationships, tutoring and mentoring from inspired community members.

As stated on its FY2025 Form 990.

Program

  1. Mentoring, tutorial and educational services

    $622,499 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $622,499.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($337k) Expenses 100 ($388k) Net assets 100 ($150k)2018 Revenue 48 ($162k) Expenses 52 ($201k) Net assets 74 ($111k)2019 Revenue 91 ($306k) Expenses 59 ($229k) Net assets 126 ($188k)2020 Revenue 115 ($388k) Expenses 77 ($299k) Net assets 185 ($277k)2021 Revenue 143 ($482k) Expenses 110 ($427k) Net assets 222 ($332k)2022 Revenue 259 ($874k) Expenses 205 ($795k) Net assets 274 ($410k)2023 Revenue 271 ($915k) Expenses 223 ($865k) Net assets 308 ($461k)2024 Revenue 275 ($929k) Expenses 238 ($923k) Net assets 312 ($467k)2025 Revenue 250 ($842k) Expenses 267 ($1.0M) Net assets 183 ($273k)
'17'18'19'20'21'22'23'24'25
Revenue (250)Expenses (267)Net assets (183)Peer revenue range

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 $584k to $418k (−28%).

$161k
$118k
$206k
$321k
$352k
$444k
$530k
$584k
$418k
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 6% · 2019 48% · 2020 47% · 2021 42% · 2022 28%. Grants only. Government contracts and fees sit inside program revenue.

74% of INSPIRING MINDS’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

−$51k
’17
−$39k
’18
$78k
’19
$89k
’20
$55k
’21
$78k
’22
$50k
’23
$6k
’24
−$193k
’25
3.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Sokeo Ros

Executive director

Board chair

Tammy Warner

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed10111010101416128
Joined·+2+2+5+3+4+5+3+1
No longer listed·13530375
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 6 funders to 16 funders, grant income rose $25k → $261k.

6 of 41 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 52% 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 INSPIRING MINDS’s funders (the co-funder graph). Top 30 of 41 funders by total. 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

INSPIRING MINDS has a broad base — no single funder exceeds 25% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

63% 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 INSPIRING MINDS.

25%
largest funder
51%
top three
~8
effective funders

Largest funder’s share by year: 2017 48% · 2018 68% · 2019 65% · 2020 76% · 2021 43% · 2022 20% · 2023 34% — diversifying over time.

“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.

How long its funders stay

47% of INSPIRING MINDS's funders are still giving 3 years after their first grant; 68% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

52% of INSPIRING MINDS's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $577k that is directly attributable, 67% of it comes from Rhode Island funders.

ME
WA
MA
OH
PA
NJ
RI
NC
SC
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Rhode Island out of state home

Funder states come from each funder’s own filing. $629k arriving through sponsors registered in 4 states 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

Against its field

INSPIRING MINDS has grown faster than half of the 16,849 education nonprofits its size.

Operating margin−23% · bottom quartile
Months of reserve3.0mo · below the median
Revenue growth (annualized)12% · above the median

this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025

Organizations like INSPIRING MINDS

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 Rhode Island

Nationally

05Profile & governance

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

Where the money goes

60% of spending goes to programs.

Program 60%Management 40%Fundraising 0%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

98%

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

Screen this organization

A dated, signed PDF of the compliance screen for INSPIRING MINDS: 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 INSPIRING MINDS?
INSPIRING MINDS (Rhode Island) receives grants from 41 organizations whose IRS filings report $1,205,532 to it, the largest being THE RHODE ISLAND COMMUNITY FOUNDATION ($301,948). 28 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does INSPIRING MINDS have?
IRS filings report 41 organizations giving $1,205,532 in grants to INSPIRING MINDS, 28 of which have funded it in more than one year.
Who is the largest funder of INSPIRING MINDS?
THE RHODE ISLAND COMMUNITY FOUNDATION is the largest funder on record, with $301,948 in grants. The full list of funders is on this page.
How can an organization like INSPIRING MINDS find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Rhode Island. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Inspiring Minds →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 41 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