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Ignite Mindshift Impact Inc

Inspiring and empowering teens to set a more focused and dramatically improved trajectory for their lives by teaching them key Mindset and Self-Leadership Skills typically not taught in schools

Georgetown, TX   |  https://ignitemindshiftimpact.org
GuideStar Charity Check

Ignite Mindshift Impact Inc

EIN: 82-5148527


Mission

Our Mission is to inspire, enable and accelerate the fulfillment of life goals to accomplish more than previously thought possible

Ruling year info

2018

Co-Founder/Executive Director

Lanie Wingert

Founder/Chairman of the Board

Fred Brown

Main address

1201 Highknoll LN

Georgetown, TX 78628 USA

Show more contact info

EIN

82-5148527

Subject area info

Education

Youth mentoring

Youth organizing

Population served info

Children and youth

At-risk youth

NTEE code info

Youth Development Programs (O50)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Blog

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Ignite MindShift Course

Mindset and Self-Leadership Classroom and Online Training

Population(s) Served
Adolescents
At-risk youth

Where we work

Financials

Ignite Mindshift Impact Inc
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

189.09

Average of 45.09 over 5 years

Months of cash in 2022 info

SOURCE: IRS Form 990

6.6

Average of 3.2 over 5 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

13%

Average of 7% over 5 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Ignite Mindshift Impact Inc

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Ignite Mindshift Impact Inc

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Ignite Mindshift Impact Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Ignite Mindshift Impact Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $63,079 $24,790 $107,796
As % of expenses 39.8% 10.1% 40.4%
Unrestricted surplus (deficit) after depreciation $63,079 $24,790 $107,796
As % of expenses 39.8% 10.1% 40.4%
Revenue composition info
Total revenue (unrestricted & restricted) $222,753 $270,481 $374,545
Total revenue, % change over prior year 0.0% 21.4% 38.5%
Program services revenue 0.0% 34.9% 33.7%
Membership dues 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0%
Government grants 5.3% 4.3% 0.0%
All other grants and contributions 94.3% 60.7% 66.3%
Other revenue 0.4% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $158,661 $245,560 $266,618
Total expenses, % change over prior year 0.0% 54.8% 8.6%
Personnel 63.9% 62.7% 81.6%
Professional fees 22.0% 19.8% 1.5%
Occupancy 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0%
All other expenses 14.1% 17.5% 17.0%
Full cost components (estimated) info 2020 2021 2022
Total expenses (after depreciation) $158,661 $245,560 $266,618
One month of savings $13,222 $20,463 $22,218
Debt principal payment $0 $0 $0
Fixed asset additions $0 $0 $0
Total full costs (estimated) $171,883 $266,023 $288,836

Capital structure indicators

Liquidity info 2020 2021 2022
Months of cash 5.5 3.7 6.6
Months of cash and investments 5.5 3.7 6.6
Months of estimated liquid unrestricted net assets 3.7 3.6 8.2
Balance sheet composition info 2020 2021 2022
Cash $73,116 $76,326 $146,924
Investments $0 $0 $0
Receivables $0 $0 $0
Gross land, buildings, equipment (LBE) $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 32.7% 3.0% 0.4%
Unrestricted net assets $0 $0 $0
Temporarily restricted net assets N/A N/A N/A
Permanently restricted net assets N/A N/A N/A
Total restricted net assets $0 $0 $0
Total net assets $49,242 $74,032 $181,828

Key data checks

Key data checks info 2020 2021 2022
Material data errors No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Co-Founder/Executive Director

Lanie Wingert

Lanie has 17 years experience in Change Mgmt, Human Performance, Training, HR, and Sales & Commercial Operations with one of the world’s largest global Management Consulting and Professional Services companies that provides Strategy, Consulting, Digital, Technology and Operations services. She was previously an adjunct Personal Finance Professor. Lanie is a first generation college student and holds a BA in Psychology and MBA in Finance from Baylor University and is a Certified Life Coach. She enjoys reading, hiking, and traveling with her 2 daughters. Lanie’s passion is to help people understand and utilize their strengths and interests to live their happiest and most successful life.

Founder/Chairman of the Board

Fred Brown

Fred has over 30 years experience with two of the world’s largest global Management Consulting and Professional Services companies that provides Strategy, Consulting, Digital, Technology and Operations services. Through his deep interest in researching and applying leadership and mindset principles through his experience leading medium to large size teams over almost 3 decades, one of Fred’s greatest passions is to help enable people to perform at their highest potential which led him to launch Ignite MindShift. Fred is a graduate of the University of Texas at Austin with degrees in Management & Finance. He enjoys traveling with his wife and 3 children, photography (@places_to_see.things_to_do) and cycling.

Number of employees

Source: IRS Form 990

Ignite Mindshift Impact Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Ignite Mindshift Impact Inc

Board of directors
as of 01/08/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mr Fred Brown

PricewaterhouseCoopers (PwC)

Term: 2018 -

Matt Murphy

Eldon Pass

Kevin McDorman

AT&T

Dan Fete

Retired AT&T

Naomi Woods

ED21

Andrea Hutson

Agile Analytics

Daniel LeFoll

PricewaterhouseCoopers (PwC)

Lanie Wingert

Ignite MindShift Impact

David Williams

AT&T

Bryant Stewart

Apple

Gigi Villarreal

Self-employed

SaVion Harris

Intercontinental Wealth Advisors

Organizational demographics

SOURCE: Self-reported; last updated 1/8/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

The organization's co-leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data