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Colorado · Nonprofit

MINDSPARK LEARNING

MINDSPARK LEARNING (Colorado) receives grants from 21 organizations whose IRS filings report $12,590,643 to it, the largest being The Morgridge Family Foundation ($9,910,861). 10 of them have funded it in more than one year.

Revenue FY2024
$2.8M
Funders on record
21
Grants received
$13M
Net assets
$439k
10/21 repeat fundersgrants exceed reported revenue in one year
01What it does

What Mindspark Learning does

Mission

To teach and inspire educators in emerging practices for a 21st century workforce.

As stated on its FY2024 Form 990.

Programs

  1. Professional learning experiences: in-person work sessions held at our learning facility, in schools or at other locations convenient to the educators we serve.in-school consulting: highly customized sessions developed to address individual areas of need, from redesigning classrooms for greater impact, to using technology more effectively in the classroom, to solving problems through design thinking, to a variety of other needs as identified by our collective teams.leadership innovation programs: highly collaborative, cohort-driven programs based on research and proven practices designed for school leaders to make significant impact by leveraging learning, successes, and failures from business and other sectors in addition to education. Year to date mindspark has worked with over 3,165 districts, 9,316 schools, 89,972 educators, impacting 2,266,160 students.

    $1,158,852 spent$277,910 earned by the program
    57% of program spending
  2. Our workshops, trainings, institutes, and memberships to our facility provide professional development topics including design thinking, edtech, mindfulness and social emotional learning opportunities.

    $720,426 spent$58,819 earned by the program
    35% of program spending
  3. We provide 11,000 square-foot space designed for educators as a center for creativity, collaboration, and innovation. The space serves as headquarters to Mindspark Learning and is the site of ongoing professional learning offered by our organization. Our space is also available for use by educators, schools, districts, education-based organizations, and other non-profit and for-profit groups, with the ultimate goal of connecting leading industry and business to education.

    $155,639 spent$65,818 earned by the program
    8% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,034,917.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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 = 20182018 Revenue 100 ($13M) Expenses 100 ($3.4M) Net assets 100 ($9.7M)2019 Revenue 17 ($2.2M) Expenses 110 ($3.8M) Net assets 85 ($8.3M)2020 Revenue 11 ($1.5M) Expenses 101 ($3.5M) Net assets 63 ($6.1M)2021 Revenue 13 ($1.7M) Expenses 120 ($4.1M) Net assets 41 ($4.0M)2022 Revenue 17 ($2.1M) Expenses 124 ($4.3M) Net assets 17 ($1.6M)2023 Revenue 15 ($1.9M) Expenses 89 ($3.0M) Net assets 5 ($478k)2024 Revenue 22 ($2.8M) Expenses 82 ($2.8M) Net assets 5 ($439k)
2018201920202021202220232024
Revenue (22)Expenses (82)Net assets (5)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 2019 to 2020, from $8.9M to $6.7M (−24%).

$10M
$8.9M
$6.7M
$4.6M
$2.6M
$732k
$1.0M
2018201920202021202220232024
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.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 28% · 2021 26%. Grants only. Government contracts and fees sit inside program revenue.

85% of MINDSPARK LEARNING’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,360 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 7 reported years ran a deficit.

$9.2M
’18
−$1.6M
’19
−$2.0M
’20
−$2.5M
’21
−$2.2M
’22
−$1.2M
’23
−$39k
’24
1.8
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

Kellie Lauth

Chief executive officer

Board chair

Geof Rochester

Chairman of the board

As listed on its FY2024 Form 990.

2018201920202021202220232024
Listed1012111314159
Joined·+4+0+2+5+7+3
No longer listed·210469
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 10 funders, grant income rose $300k → $2.4M.

4 of 21 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% 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 MINDSPARK LEARNING’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

MINDSPARK LEARNING leans on a few funders — its largest provides 79% of grant income and the top three 90%; half comes from just 1 funder.

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

79%
largest funder
90%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 80% · 2021 88% · 2022 79% · 2023 63% — 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

50% of MINDSPARK LEARNING's funders are still giving 3 years after their first grant; 48% give in more than one year at all.

first grant+1y+2y+3y

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

MINDSPARK LEARNING draws 91% of its grant income from funders outside Colorado, across 10 states in all.

WA
MT
ND
MN
NJ
CO
NE
MO
DE
DC

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

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

Funder states come from each funder’s own filing. $90k arriving through sponsors registered in 3 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

MINDSPARK LEARNING's funding base is broadening — from 1 funders to 10 as grant income climbed.

Operating margin−1% · below the median
Months of reserve1.8mo · below the median
Revenue growth (annualized)−22% · bottom quartile

this organization peer median middle 50% of peers· 11,761 education nonprofits $1M–$10M, FY2024

Organizations like MINDSPARK LEARNING

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 Colorado

Nationally

05Profile & governance

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

Where the money goes

73% of spending goes to programs.

Program 73%Management 16%Fundraising 12%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

42%

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

Footprint & structure

Files a return copy in 1 state

CO

Part of a family of 1 related entity

  • Couragion Corporation · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for MINDSPARK LEARNING: 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 MINDSPARK LEARNING?
MINDSPARK LEARNING (Colorado) receives grants from 21 organizations whose IRS filings report $12,590,643 to it, the largest being The Morgridge Family Foundation ($9,910,861). 10 of them have funded it in more than one year.
How many funders does MINDSPARK LEARNING have?
IRS filings report 21 organizations giving $12,590,643 in grants to MINDSPARK LEARNING, 10 of which have funded it in more than one year.
Who is the largest funder of MINDSPARK LEARNING?
The Morgridge Family Foundation is the largest funder on record, with $9,910,861 in grants. The full list of funders is on this page.
How can an organization like MINDSPARK LEARNING find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. 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 Mindspark Learning →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 21 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 22, 2026. What this page cannot tell you · view filing