2024-05-14T03:29:47-00:00 2023-06-30 834701972 LEWIS SHARPSTONE & CO 5850 CANOGA AVE SUITE 400 WOODLAND HILLS CA 91367 990 2022-07-01 800392843 EXCEPTIONAL MINDS EXCE 8183878811 14144 VENTURA BLVD STE 100 SHERMAN OAKS CA 91423 DAVID SIEGEL EXECUTIVE DIRECTOR CEO 8183878811 2024-05-14 true DAVID SIEGEL XXX-XX-XXXX LEWIS SHARPSTONE P02256953 8185701960 2024-05-14 X AAL1 IAL1 2022 2023-04-26 12:10:37Z DAVID SIEGEL 14144 VENTURA BLVD STE 100 SHERMAN OAKS CA 91423 4700119 false X WWW.EXCEPTIONAL-MINDS.ORG X 2009 CA PROVIDE YOUNG ADULTS ON THE AUTISM SPECTRUM WITH TRAINING IN THE FIELD OF DIGITAL ARTS. 11 11 75 13 0 2187668 2346310 2167401 2282369 1018599 36078 1996 -83335 5375664 4581422 262475 230575 0 2647143 2479397 27601 0 286465 1166599 1039329 4103818 3749301 1271846 832121 3441801 5094043 561641 1675176 2880160 3418867 X TO PROVIDE YOUNG ADULTS ON THE AUTISM SPECTRUM WITH CUSTOMIZED INSTRUCTION AND HANDS ON EXPERIENCE TO EARN A LIVING IN THE FIELDS OF MUTLI-MEDIA, COMPUTER ANIMATION AND POST PRODUCTION. false true 1202199 204725 1300258 FULL-TIME VOCATIONAL PROGRAM OUR FULL-TIME PROGRAM OFFERS SKILLS-BASED TRAINING AND BEHAVIORAL SUPPORT TO TEENS AND ADULTS WITH AUTISM SPECTRUM DISORDER. IT IS A THREE-YEAR PROGRAM 10 MONTHS PER YEAR WHERE STUDENTS RECEIVE TRAINING IN THE FIELDS OF DIGITAL ARTS AND POST PRODUCTION. 801466 25850 631008 PART-TIME SKILLS AND VOCATIONAL PROGRAMS STUDENTS TAKE PART IN AFTER SCHOOL AND SATURDAY PROGRAMS TO LEARN NICHE SKILLS RELATED TO THE ANIMATION AND VISUAL EFFECTS CAREER PATHS. STUDENTS ARE ALSO PROVIDED ONE ON ONE TUTORING TO DEVELOP SPECIFIC SKILLS NEEDED TO ADVANCE IN THE PROGRAM. PROGARM ALSO INCLUDES A SIX-WEEK SUMMER PROGRAM WHERE TEENS AND ADULTS WITH AUTISM SPECTRUM DISORDER ACQUIRE SKILLS NEEDED TO BECOME ANIMATORS AND MEDIA ARTISTS. 667888 351103 STUDIO PROGRAMS GRADUATES OF THE FULL-TIME PROGRAM USE SKILLS ACQUIRED AT EXCEPTIONAL MINDS TO GENERATE PROGRAM REVENUE FROM PAID CLIENT PROJECTS, TYPICALLY MAJOR MOTION PICTURES AND TELEVISIONS SHOWS. GRADUATE ARTISTS ALSO RECEIVE ADDITIONAL SUPPORT AND TRAINING FROM THEIR SUPERVISORS AND EXCEPTIONAL MINDS STAFF WITH THE AIM TO EVENTUAL PLACEMENT IN OUTSIDE EMPLOYMENT. 2671553 true true false false false false false false false false true false false false true true true false false false false false false false true false false false true true false false false false false false false false false false false false false false false false false true 20 0 75 true false false false false false true true false false false false false false X 11 11 false false false false false false false true true false false true true true true true false true false false CA X TRINA WYATT 8183878811 14144 VENTURA BLVD STE 100 SHERMAN OAKS CA 91423 DAVID SIEGEL EXECUTIVE DIRECTOR, CEO 040.00 X 181272 0 8270 CHARLES ALPUCHE BOARD MEMBER 001.50 X 0 0 0 ALYSE SUE BASS BOARD MEMBER 001.00 X 0 0 0 SUSAN CAPPS SECRETARY 008.00 X X 0 0 0 CUONG DO BOARD MEMBER 001.00 X 0 0 0 RICHARD GASPARIAN BOARD MEMBER 004.00 X 0 0 0 DANIEL GLASSER VICE CHAIR 001.00 X X 0 0 0 MOLLIE KEITH BOARD MEMBER 001.00 X 0 0 0 MICHAEL MURGUIA BOARD MEMBER 001.50 X 0 0 0 AMY SCHOFELD BOARD MEMBER 001.00 X 0 0 0 PATRICIA TURNEY BOARD CHAIR 005.00 X X 0 0 0 HELEN WU TREASURER 008.00 X X 0 0 0 181272 8270 1 false true false 255380 250000 1840930 2346310 FULL TIME TUITION 611420 1300258 1300258 WORKSHOP PROGRAMS 611420 631008 631008 STUDIO INCOME 541519 351103 351103 2282369 36078 36078 35362 255380 118697 -83335 4581422 2282369 36078 0 230575 230575 0 0 224017 74673 74672 74672 0 1907011 1521924 224449 160638 0 170033 136161 21288 12584 178336 133752 26750 17834 0 70108 70108 4722 4722 0 4805 4805 229993 203554 21064 5375 22604 3348 17608 1648 37305 29725 3871 3709 146353 131757 4698 9898 0 329833 147536 182297 1112 1112 0 10209 10209 0 0 52611 52611 39200 39200 PARKING EXPENSE 43431 43431 BAD DEBT EXPENSE 29896 29896 FOOD AND BEVERAGE 11780 3796 7877 107 5367 5367 3749301 2671553 791283 286465 X 1060389 1414948 1841450 2085130 9908 463934 138062 27075 27887 760536 480705 11794 279831 1121110 27251 27075 3441801 5094043 192655 132989 177993 190953 190993 146154 1205080 561641 1675176 X 2761427 2594139 118733 824728 2880160 3418867 3441801 5094043 X 832121 -293414 X X false true X true false X 1298173 1744696 2256587 2187668 2346310 9833434 1298173 1744696 2256587 2187668 2346310 9833434 2194470 7638964 12231 3520 298 11542 36078 63669 885 150000 1996 152881 10049984 9599174 0.76010 0.69080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 81810 24281 57529 594072 374945 219127 84654 81479 3175 279831 Financial derivatives and other financial products Closely-held equity interests Federal income taxes RIGHT OF USE - LEASE LIABILITY 1205080 1205080 X 4581422 4581422 4581422 3749301 3749301 3749301 X 2 THE ORGANIZATION RECEIVED TAX EXEMPT STATUS FROM THE INTERNAL REVENUE SERVICE AND FRANCHISE TAX BOARD UNDER SECTION 501C3 OF THE INTERNAL REVENUE CODE AND REVENUE AND TAXATION CODE SECTION 23701D, RESPECTIVELY. THE ORGANIZATION USES THE SAME ACCOUNTING METHODS FOR TAX AND FINANCIAL REPORTING. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN IN ITS FEDERAL AND STATE EXEMPT ORGANIZATION RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE ORGANIZATIONS RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AND FOUR YEARS, RESPECTIVELY, AFTER THEY ARE FILED. 10 YR GALA 290742 255380 35362 13867 19246 23055 62529 290742 255380 35362 13867 19246 23055 62529 118697 -83335 true TUITION ASSISTANCE 23 230575 Part I Line 2 TUITION ASSISTANCE IS PROVIDED TO STUDENTS IN NEED AND IS BASED ON THE PARENT OR STUDENT INCOME, HOME OWNERSHIP, HOME VALUE, TOTAL ASSETS, AND THEIR REQUESTED AMOUNT. X X X X false false false false false false false false false DAVID SIEGEL EXECUTIVE DIRECTOR, CEO 181272 8270 189542 Form 990, Part VI, Section B, Line 11B THE FORM 990 IS REVIEWED BY THE ORGANIZATION IN DETAIL AFTER DRAFT IS PREPARED BY AN EXTERNAL CPA FIRM. A COPY OF THE FORM IS DISTRIBUTED TO THE FINANCE COMMITTEE FOR COMMENTS AND DISCUSSION. ONCE APPROVED, THE ENTIRE BOARD IS PROVIDED A COPY OF THE 990 BEFORE IT IS FILED. Form 990, Part VI, Section B, Line 12C THE BOARD OF DIRECTORS CONVENES AT LEAST SIX TIMES PER YEAR. DURING THESE MEETINGS AND, AS REQUIRED, THROUGH ORAL COMMUNICATION AND EMAIL, THE BOARD ACTIVELY AND DILIGENTLY ADDRESS POTENTIAL CONFLICT OF INTEREST ISSUES AMONG OFFICERS, DIRECTORS, AND EMPLOYEES. ANY POTENTIAL CONFLICT IS REQUIRED TO BE RESOLVED INDEPENDENTLY, WITHOUT THE PARTICIPATION OF THE CONFLICTED MEMBER. Form 990, Part VI, Section B, Line 15 COMPENSATION IS APPROVED INDEPENDENTLY, WITHOUT PARTICIPATION OF THE COMPENSATED OFFICER AND WITH REFERENCE TO THE 990S OF SIMILAR ORGANIZATIONS, BY THE COMPENSATION COMMITTEE - THAT THEN PROVIDES ITS RECOMMENDATION TO THE FULL BOARD. Form 990, Part XII, Line 2C THE ORGANIZATION DID NOT CHANGE ITS SELECTION OR OVERSIGHT PROCESS DURING THE YEAR. Form 990, Part VI, Section C, Line 19 THE ORGANIZATIONS GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part XII, Line 2B DUE TO ACCOUNTING DEPARTMENT TURNOVER AND OTHER FACTORS, THE JUNE 30, 2023 AUDIT IS JUST COMMENCING AND WILL BE COMPLETED SOON. Form 990, Part I, Line 1 THIS RETURN HAS BEEN PREPARED USING THE BEST INFORMATION AVAILABLE. Form 990, Part XI, Line 8 THE JUNE 30, 2022 990 WAS FILED PRIOR TO THE JUNE 30, 2022 BALANCE SHEET BEING FINALIZED. SUBSEQUENTLY THE JUNE 30, 2022 BALANCE SHEET WAS FINALIZED AND THE NUMBER ON THIS LINE REPRESENTS THE DIFFERENCE BETWEEN THE NET ASSETS AS REPORTED IN THE PRIOR YEAR RETURN AND THE NET ASSETS AS FINALIZED. Form 990, Part VI, Section B, Line 15B THIS LINE IS CHECKED NO SINCE ARE NO INDIVIDUALS AT THE ORGANIZATION TO WHICH THIS APPLIES. Form 990, Part III, Line 3 DURING THE YEAR ENDED JUNE 30, 2023 THE ORGANIZATION CEASED OFFERING POST-GRADUATE CONTINUING EDUCATION PROGRAMS. Form 990, Part X, Line 24 THE NUMBER ON THIS LINE IN THE PRIOR YEAR WAS SHOWN ON LINE 25. IT HAS BEEN RECLASSIFIED TO LINE 24 TO CONFORM TO THE CURRENT YEAR PRESENTATION.