True Mentors
- Assets
- $14.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hoboken, NJ
- Founding
- 01/2011
- Data as of
- 12/2022
- EIN
- 27-3316077
Organization Overview
True Mentors is located in Hoboken, NJ. The organization was established in 2011. According to its NTEE Classification (O30) the organization is classified as: Adult & Child Matching Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. True Mentors 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 12/2022, True Mentors generated $144.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $157.2k during the year ending 12/2022. While expenses have increased by 13.6% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SEE ATTACHED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katharine Samberg-Lawrence Executive Director (resigned Q4 2022) | 40 | $60,000 | |
Kimberly Bollard Assistant Director | 40 | $43,680 | |
Tara Casazza Murphy Board President | 5 | $0 | |
Brian Boyd Board Member | 5 | $0 | |
Sarah Neral Events & Fundraising | 5 | $0 | |
Sibel Berberolglu Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $144,313 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $296 |
| Other Revenue | $0 |
| Total Revenue | $144,609 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $101,547 |
| Professional fees and other payments to independent contractors | $493 |
| Occupancy, rent, utilities, and maintenance | $20,645 |
| Printing, publications, postage, and shipping | $402 |
| Other expenses | $34,144 |
| Total expenses | $157,231 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,847 |
| Other assets | $0 |
| Total assets | $14,847 |
| Total liabilities | $7,479 |
| Net assets or fund balances | $7,368 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that True Mentors has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
The Bernard Rothfeld Childrens Foundation Inc Palm Beach, FL PURPOSE: UNRESTRICTED GRANT FOR DONEE'S EXEMPT PURPOSE | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Partners For Youth Inc Rochester, NY | $1,076,647 | $1,233,499 |
Long Island Youth Mentoring Inc Brentwood, NY | $1,520,723 | $799,719 |
Mentoring Partnership Of New York Inc New York, NY | $785,853 | $1,026,063 |
The Mentoring Partnership Of Southwestern Pa Pittsburgh, PA | $1,610,965 | $1,070,844 |
Youth Mentoring Partnership Exton, PA | $428,933 | $880,860 |
Weavers Way Community Programs Philadelphia, PA | $465,020 | $713,873 |
Girl Vow Inc Bronx, NY | $540,421 | $472,157 |
Buffalo & Western New York Junior Soccer League Cheektowaga, NY | $131,464 | $246,367 |
Beating The Odds Foundation Hollidaysburg, PA | $129,470 | $132,031 |
True Mentors Hoboken, NJ | $14,847 | $0 |
Generation Two Creating Intergenerational Friendships Inc Rochester, NY | $40,414 | $0 |
Speak Mentorship Floral Park, NY | $174,119 | $256,528 |