Nonprofit · EIN 88-3839313
FUTURE MINDS FOUNDATION PANAMA CORP
Tax-exempt · DELRAY BEACH, FL 33444
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $129,184 | $38,119 | $91,065 | $226,340 | – | $226,340 |
| December 31, 2023 | 990-EZ | $136,800 | $1,525 | $135,275 | $147,275 | $12,000 | $135,275 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $129,132
- Investment income
- $52
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $28,905
- Other expenses
- $9,214
Balance sheet and other
- Total assets, start of year
- $147,275
- Total assets, end of year
- $226,340
- Total liabilities, end of year
- –
- Net assets, end of year
- $226,340
- Cash, savings and investments
- $226,340
- Gross receipts
- $129,184
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Wendy McArthur Trumbo | President | 5 | $0 |
| Donna Thompson | Treasurer | 2 | $0 |
| Mike Myatt | Director | 2 | $0 |
| Clayton Williams | Director | 2 | $0 |
| John Brownlee | Director | 2 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Wendy McArthur Trumbo | President | 1 | $0 |
| Donna Thompson | Secretary | 1 | $0 |
| Mike Myatt | Director | 1 | $0 |
| Clayton Williams | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 301 W ATLANTIC AVENUE 0-5, DELRAY BEACH, FL 33444-3687
- Mailing address (990-N for 2022)
- 16051 Collins Ave Unit 3403, Sunny Isles Beach FL 33160
- Principal officer (990-N for 2022)
- Wendy McArthur, 16051 Collins Ave Unit 3403, Sunny Isles Beach FL 33160
- Signed the 990-EZ
- Wendy McArthur Trumbo, President
- Phone
- (877) 829-5500
- Return prepared by
- Attolero
Mission
Future Minds Foundation Panama is dedicated to transforming the lives of the Pinas Bay community in the Darien region of Panama through its financial support of local partners that deliver education, conservation, and community health programs. Our efforts focus on raising awareness and support for sustainable development and improving living conditions in the region.
Program accomplishments
- The organization exists to raise funds for the Pinas Bay community in Panama. No funds were granted for these purposes in 2024
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 88-3839313
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S12)
- Assets (IRS master file)
- $226,340
- Income (IRS master file)
- $129,184
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $129,184 | $38,119 | $226,340 | XML |
| 990-EZ | December 2023 | $136,800 | $1,525 | $147,275 | XML |
| 990-N for 2022 Officer: Wendy McArthur | December 31, 2022 | ≤ $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 88-3839313).
Questions about FUTURE MINDS FOUNDATION PANAMA CORP
- What is the EIN of FUTURE MINDS FOUNDATION PANAMA CORP?
- The employer identification number (EIN) of FUTURE MINDS FOUNDATION PANAMA CORP is 88-3839313.
- Is FUTURE MINDS FOUNDATION PANAMA CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to FUTURE MINDS FOUNDATION PANAMA CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FUTURE MINDS FOUNDATION PANAMA CORP 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 FUTURE MINDS FOUNDATION PANAMA CORP 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 FUTURE MINDS FOUNDATION PANAMA CORP last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of FUTURE MINDS FOUNDATION PANAMA CORP?
- The 990-N for 2022 names Wendy McArthur.
- Who are the officers and directors of FUTURE MINDS FOUNDATION PANAMA CORP?
- The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does FUTURE MINDS FOUNDATION PANAMA CORP have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $129,184, expenses of $38,119 and total assets of $226,340 at year end.
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