Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 83-3668216

BRIGHT MINDS ACADEMY INC

Tax-exempt · INDIANAPOLIS, IN 46229

Financials

$1.9M$574K2023$2.4M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of BRIGHT MINDS ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,350,950$1,452,261$898,689$454,484$5,314$449,170
December 31, 2023990$1,946,934$574,199$1,372,735$428,500$0$428,500
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,350,941
Investment income
$0
Other revenue
$9

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$108,500
Other salaries and wages
$140,888
Salaries, compensation and benefits (total)
$276,156
Professional fundraising fees
$0
Accounting fees
$5,500
Occupancy
$178,851
Travel
$20,139
Depreciation
$8,038
Program services (functional)
$1,452,261

Balance sheet and other

Total assets, start of year
$428,500
Total assets, end of year
$454,484
Total liabilities, end of year
$5,314
Net assets, end of year
$449,170
Land, buildings and equipment
$39,515
Net assets without donor restrictions
$449,170
Gross receipts
$2,350,950
Employees
0
Year formed
2019
State of legal domicile
IN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
SHEMARR TURNERPRESIDENT
Officer, Key employee
40$108,500
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
SHEMARR TURNERPRESIDENT
Officer, Key employee
40$0

Address and contacts

Address (IRS master file)
11616 E WASHINGTON ST, INDIANAPOLIS, IN 46229-2830
In care of
% SHEMARR TURNER
Mailing address (990-N for 2021)
235 PLEASANT AVE, MICHIGAN CITY IN 46360
Principal officer (990 for 2024)
SHEMARR TURNER DIRECTOR, 235 PLEASANT AVE, MICHIGAN CITY, IN 46360
Principal officer (990-N for 2021)
SHEMARR TURNER, 235 PLEASANT AVE, MICHIGAN CITY IN 46360
Signed the 990
SHEMARR TURNER DIRECTOR, PRESIDENT
Phone
(219) 276-5178
Return prepared by
A&B TAX SERVICES LLC

Mission

CHILD CARE

990 for the year ended December 31, 2024

Program accomplishments

  • TO CREATE A LEARNING ENVIRONMENT THAT ENCOURAGES SUCCESS AND QUALITY EDUCATION FOR ALL STUDENTS
    Expenses $1,452,261 · revenue $2,350,950

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-3668216
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P33)
Assets (IRS master file)
$454,484
Income (IRS master file)
$2,350,950

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,350,950$1,452,261$454,484XML
990December 2023$1,946,934$574,199$428,500XML
990December 2022$1,683,294$1,357,778$193,166IRS
990-N for 2021
Officer: SHEMARR TURNER
December 31, 2021≤ $50,000 receipts––e-Postcard
990December 2021–––IRS
990-N for 2020
Officer: SHEMARR TURNER
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: SHEMARR TURNER
December 31, 2019≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-3668216).

Questions about BRIGHT MINDS ACADEMY INC

What is the EIN of BRIGHT MINDS ACADEMY INC?
The employer identification number (EIN) of BRIGHT MINDS ACADEMY INC is 83-3668216.
Is BRIGHT MINDS ACADEMY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to BRIGHT MINDS ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BRIGHT MINDS ACADEMY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BRIGHT MINDS ACADEMY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BRIGHT MINDS ACADEMY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BRIGHT MINDS ACADEMY INC?
The 990 for the year ended December 31, 2024 names SHEMARR TURNER DIRECTOR.
Who are the officers and directors of BRIGHT MINDS ACADEMY INC?
The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $108,500 (SHEMARR TURNER, PRESIDENT).
How much revenue does BRIGHT MINDS ACADEMY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,350,950, expenses of $1,452,261 and total assets of $454,484 at year end.

Other nonprofits in INDIANAPOLIS

All nonprofits in INDIANAPOLIS · Indiana · Human services