Active Minds Inc
- Assets
- $16.4m
- Revenue
- $11.1m
- Investments
- $0.0
- Employees
- 67
- Location
- Washington, DC
- Founding
- 03/2004
- Data as of
- 06/2023
- EIN
- 20-0587172
Organization Overview
Active Minds Inc is located in Washington, DC. The organization was established in 2004. According to its NTEE Classification (F30) the organization is classified as: Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2023, Active Minds Inc employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Active Minds Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Active Minds Inc generated $11.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 23.9% each year . All expenses for the organization totaled $7.8m during the year ending 06/2023. While expenses have increased by 20.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ACTIVE MINDS EMPOWERS YOUNG ADULTS TO SPEAK OPENLY ABOUT MENTAL HEALTH IN ORDER TO EDUCATE OTHERS & ENCOURAGE HELP SEEKING. WE ARE CHANGING THE CULTURE ON CAMPUSES & IN THE COMMUNITY BY PROVIDING INFORMATION, LEADERSHIP OPPORTUNITIES & ADVOCACY TRAINING TO THE NEXT GENERATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHAPTER DEVELOPMENT AND SUPPORT:ACTIVE MINDS IS DEDICATED TO PROMOTING THE YOUNG ADULT VOICE IN MENTAL HEALTH. IN 2022-2023, THE ORGANIZATION SUPPORTED CHAPTERS ON MORE THAN 600 COLLEGE AND HIGH SCHOOL CAMPUSES IN ALL 50 U.S. STATES PLUS WASHINGTON DC AND PUERTO RICO. THESE CHAPTERS TRAINED 15,000 VOLUNTEERS, WHO SPENT 80,000 VOLUNTEER HOURS DIRECTLY REACHING NEARLY 1 MILLION YOUNG ADULTS WITH VITAL INFORMATION ABOUT SUICIDE PREVENTION, PROMOTING MENTAL HEALTH, SYMPTOMS OF MENTAL ILLNESS, AND AVAILABLE RESOURCES FOR SEEKING HELP THROUGH UNIQUE ACTIVE MINDS PROGRAMMING AND TRAINING.
ACTIVE MINDS IN K-12 SCHOOLS: ACTIVE MINDS IS EXPONENTIALLY GROWING IN K-12 SCHOOLS, BRINGING CHAPTER PROGRAMMING, TRAININGS, AND YOUTH MOBILIZATION MODELS TO STUDENTS AND ADULT CHAMPIONS IN HIGH SCHOOLS AND MIDDLE SCHOOLS. MORE THAN 200 K-12 SCHOOLS USED ACTIVE MINDS PROGRAMING IN 2022-2023.
ACTIVE MINDS SPEAKERS: RESEARCH SHOWS THAT THE BEST WAY TO BREAK STIGMA AROUND MENTAL HEALTH IS THROUGH PERSONAL CONTACT. AS A RESULT, ACTIVE MINDS HAS RECRUITED AND TRAINED 18 PROFESSIONAL SPEAKERS TO TELL THEIR STORIES AROUND MENTAL HEALTH IN AN ENGAGING, EDUCATIONAL, AND POWERFUL MANNER. MEMBERS OF ACTIVE MINDS SPEAKERS TRAVEL THE COUNTRY THROUGHOUT THE YEAR, AND/OR PROVIDE VIRTUAL PRESENTATIONS, AT HIGH SCHOOLS, COLLEGES, AND WORKPLACES; TO PARENTS AND ADMINISTRATORS; AND AT CONFERENCES AND NATIONAL EVENTS. IN 2022-2023, THE SPEAKERS BUREAU HELD 131 SPEAKING ENGAGEMENTS BOTH IN PERSON AND VIRTUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alison Malmon Founder And Executive Directo | Officer | 45 | $248,318 |
Carin Levine COO | Officer | 40 | $167,732 |
Margo Collins Chief Development Officer | Officer | 40 | $160,192 |
Laura Horne Chief Program Officer | Officer | 40 | $137,035 |
Anthony Bongiorno Director | Trustee | 30 | $104,167 |
Paula Craw Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nrg Consulting Group Llc Recruiting Consult | 6/29/23 | $319,240 |
The Bridgespan Group Inc Strategic Planning | 6/29/23 | $116,205 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $7,582 |
| Membership dues | $0 |
| Fundraising events | $53,710 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,097,111 |
| Noncash contributions included in lines 1a–1f | $66,590 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,158,403 |
| Total Program Service Revenue | $572,569 |
| Investment income | $237,020 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $126,104 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,119,249 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $90,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $679,439 |
| Compensation of current officers, directors, key employees. | $127,297 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,065,196 |
| Pension plan accruals and contributions | $54,453 |
| Other employee benefits | $511,115 |
| Payroll taxes | $323,997 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $158,598 |
| Fees for services: Accounting | $69,709 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $46,800 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $468,316 |
| Advertising and promotion | $274,892 |
| Office expenses | $235,329 |
| Information technology | $93,162 |
| Royalties | $0 |
| Occupancy | $214,060 |
| Travel | $47,319 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,395,860 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $42,507 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $7,803,423 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $828,992 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,843,655 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $48,917 |
| Prepaid expenses and deferred charges | $247,401 |
| Net Land, buildings, and equipment | $132,055 |
| Investments—publicly traded securities | $10,337,608 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,002,840 |
| Total assets | $16,441,468 |
| Accounts payable and accrued expenses | $562,290 |
| Grants payable | $0 |
| Deferred revenue | $175,285 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,003,635 |
| Total liabilities | $1,741,210 |
| Net assets without donor restrictions | $9,210,676 |
| Net assets with donor restrictions | $5,489,582 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $16,441,468 |