Mentors International
- Assets
- $6.2m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 6
- Location
- Draper, UT
- Founding
- 11/1991
- Data as of
- 06/2022
- EIN
- 43-1536498
Organization Overview
Mentors International is located in Draper, UT. The organization was established in 1991. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2022, Mentors International employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mentors International 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 06/2022, Mentors International generated $3.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $3.0m during the year ending 06/2022. While expenses have increased by 5.7% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWERING THE WORLD'S POOR TO GROW IN SELF-RELIANCE THROUGH PERSONAL AND BUSINESS MENTORING AND ACCESS TO FINANCIAL SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MENTORS INTERNATIONAL HAS HELPED OVER 5 MILLION INDIVIDUALS AND FAMILIES SINCE 1990. DURING THE PERIOD REPORTED, MENTORS INTERNATIONAL HELPED 25,308 FAMILIES WORK TOWARDS SELF-RELIANCE. MENTORS INTERNATIONAL PROVIDED 22,676 CUSTOMIZED MENTORING SESSIONS. 5,796 STUDENTS RECEIVED JOB-FOCUSED VOCATIONAL TRAINING. THESE STUDENTS PERFORMED 172,753 HOURS OF SUBSTANTIVE COMMUNITY SERVICE ON BEHALF OF MENTORS INTERNATIONAL TO "PAY" FOR THE EDUCATION AND TRAINING THAT THEY RECEIVED. MENTORS INTERNATIONAL'S MICRO- LENDING PROGRAM POSITIVELY IMPACTED INDIVIDUALS BY DISTRIBUTING 3,177 LOANS TOTALING 1,185,117. 70% OF THE MICRO-LOANS WERE EXTENDED TO WOMEN ENTREPRENEURS. APPROXIMATELY 10,000 NEW JOBS WERE CREATED OR OBTAINED BY THE INDIVIDUALS UTILIZING THESE PROGRAMS. DURING THE PERIOD REPORTED, ON AVERAGE, INDIVIDUALS WORKING WITH MENTORS INTERNATIONAL INCREASED THEIR INCOMES BY 63%, INCREASED THEIR PERSONAL SAVINGS BY 184%, AND DECREASED THEIR CONSUMER DEBT BY 46%.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Curtis Beesley President | Officer | 40 | $122,085 |
Chris Dunn CEO | Officer | 40 | $106,425 |
Curtis Bennett Director | Trustee | 1 | $0 |
Rebecca Clyde Director | Trustee | 1 | $0 |
Danny Gunnell Director | Trustee | 1 | $0 |
Brody Holbrook Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $353,545 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,261,009 |
| Noncash contributions included in lines 1a–1f | $540,329 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,614,554 |
| Total Program Service Revenue | $0 |
| Investment income | $83,196 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$5,491 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,692,259 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $576,082 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $228,510 |
| Compensation of current officers, directors, key employees. | $36,562 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,176,972 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,146 |
| Fees for services: Accounting | $23,874 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,816 |
| Advertising and promotion | $36,005 |
| Office expenses | $45,539 |
| Information technology | $40,962 |
| Royalties | $0 |
| Occupancy | $259,578 |
| Travel | $160,084 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $84,142 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $67,506 |
| Insurance | $5,437 |
| All other expenses | $0 |
| Total functional expenses | $2,966,498 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,306,953 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,776 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,500 |
| Prepaid expenses and deferred charges | $30,231 |
| Net Land, buildings, and equipment | $272,436 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,581,722 |
| Total assets | $6,213,618 |
| Accounts payable and accrued expenses | $479,063 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $479,063 |
| Net assets without donor restrictions | $2,304,840 |
| Net assets with donor restrictions | $3,429,715 |
| 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 | $6,213,618 |