Minds Matter National Inc
- Assets
- $259.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 11/2004
- Data as of
- 06/2022
- EIN
- 45-5415388
Organization Overview
Minds Matter National Inc is located in Minneapolis, MN. The organization was established in 2004. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Minds Matter National 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 06/2022, Minds Matter National Inc generated $75.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $102.8k during the year ending 06/2022. 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
SOPHOMORE PROGRAM: TO PROVIDE EACH MENTEE WITH EDUCATIONAL OPPORTUNITES AND PREPARING THEM TOWARDS APPLYING AND GAINING ACCEPTANCE INTO A FOUR-YEAR UNIVERSITY. FUNDED 16 STUDENTS IN SUMMER COLLEGE PROGRAMS.JUNIOR PROGRAM: TO PROVIDE EACH MENTEE WITH EDUCATIONAL OPPORTUNITES AND PREPARING THEM TOWARDS APPLYING AND GAINING ACCEPTANCE INTO A FOUR-YEAR UNIVERSITY. FUNDED 12STUDENTS IN SUMMER COLLEGE PROGRAMS.SENIOR PROGRAM: TO PROVIDE EACH MENTEE WITH EDUCATIONAL OPPORTUNITES AND PREPARING THEM TOWARDS APPLYING AND GAINING ACCEPTANCE INTO A FOUR-YEAR UNIVERSITY. PROVIDED SCHOLARSHIPS FOR 11 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Miller Chairperson | 2 | $0 | |
Rich Renikoff Treasurer | 1 | $0 | |
Chandra Kilgriff Secretary | 1 | $0 | |
Michael Devaughn Director | 1 | $0 | |
Scott Wade Director | 1 | $0 | |
Sara Schnadt Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,518 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $75,518 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,767 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,157 |
| Total expenses | $102,833 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $259,766 |
| Other assets | $0 |
| Total assets | $259,766 |
| Total liabilities | $70 |
| Net assets or fund balances | $259,696 |