BEducationEIN: 474615131· Ruling Year: 2015

Mindspark Learning

Lakewood, Colorado

BHealth Score
63B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.16×
Peer Median20.77×
💰
$1.9M
Total Revenue
📊
$3.0M
Total Expenses
🏦
$478K
Net Assets
📋
$254K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-10.8%
Year-over-year change (2022 → 2023)
Net Margin
-62.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.16
Net assets divided by total expenses
Liabilities-to-Assets
34.7%
Total liabilities as % of total assets

Filing History

8 filings on record
YearRevenueExpensesAssets
2023$1,875,58011%$3,042,15829%$732,17571%
2022$2,101,82727%$4,255,0563%$2,552,08244%
2021$1,653,85454%$4,118,98816%$4,593,245217%
2020$3,592,77311%$3,556,7226%$1,447,27715%
2019$4,032,76168%$3,769,61110%$1,693,60983%
2018$12,681,217562%$3,434,438121%$10,040,3521216%
2016$1,916,662281%$1,556,520973%$762,968103%
2015$502,690$145,039$376,671

Frequently Asked Questions

What does Mindspark Learning do?

Mindspark Learning is a education nonprofit organization based in Colorado. It is classified under NTEE code B90 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mindspark Learning financially healthy?

Based on our 9-metric Financial Health Score model, Mindspark Learning has a score of 63/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Mindspark Learning generate?

Mindspark Learning reports $2.8M in annual revenue and holds $1.0M in total assets, based on IRS filings.

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