Mindset Charter Schools Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
WE PREPARE STUDENTS TO THRIVE IN A COMPLEX, CHANGING WORLD.WE COMBINE STRONG ACADEMICS WITH STUDENT AGENCY, MEANINGFUL RELATIONSHIPS, AND REAL-WORLD LEARNING TO DEVELOP CURIOSITY, RESILIENCE, AND RESPONSIBILITY. (CONTINUED ON SCHEDULE O)OUR GRADUATES LEAVE WITH THE SKILLS, JUDGMENT, AND SELF-AWARENESS NEEDED TO NAVIGATE UNCERTAINTY, PURSUE PURPOSE, AND CONTRIBUTE THOUGHTFULLY TO THEIR COMMUNITIES.
- Income
- $4.1 million
- Spending
- $4.0 million
- Spent on programs
- 80%
- Reserves
- 3.7 months of spending
- Largest source of income
- government grants, 99%
- Employees
- 38
- Volunteers
- 10
- Highest pay
- $184,712, executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 62 out of 100. Higher than 44% of charities in its peer group (education, $1m to $10m).
Reserves
20 of 35Spendable reserves would cover 3.7 months of spending.
Debt
5 of 20It owes 64% of what it owns.
Living within its means
12 of 15Income exceeded spending by 2% of income.
Income trend
10 of 15Income fell 1% on the year before.
Spending floor
15 of 1580% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 74% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 255 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $3.2 million spent. SET HIGH SCHOOL IS A TWICE-AWARDED, WASC-ACCREDITED, TUITION-FREE PUBLIC CHARTER HIGH SCHOOL IN SAN DIEGO. WE OFFER AN INTELLECTUALLY RIGOROUS ENVIRONMENT THAT BRINGS OUT STUDENTS' TALENTS AND PERSONALITIES, ENABLING THE NEXT GENERATION OF MAKERS, BUSINESS LEADERS AND INNOVATORS, BIG THINKERS AND BIG DREAM CHASERS.THROUGH AN IMMERSIVE EDUCATION THAT COMBINES THE HIGHEST ACADEMIC STANDARDS AND A FOCUS ON ENTREPRENEURSHIP AND TECHNOLOGY, SET TEACHES THE PRACTICAL SKILLS AND CULTIVATES THE EMOTIONAL INTELLIGENCE NECESSARY TO LAUNCH THE NEXT GENERATION OF BUSINESS AND SOCIAL LEADERS. SET INSPIRES STUDENTS TO REWRITE THE TRADITIONAL IDEA OF SUCCESS AND TO LEAD A NEW GENERATION OF SOCIALLY RESPONSIBLE TRAILBLAZERS WHO WILL SHAPE THE WAY WE WORK AND LIVE.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2011.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.