Minds Matter National Inc
- Assets
- $296.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 11/2004
- Data as of
- 06/2021
- 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 06/2021, Minds Matter National Inc generated $73.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $43.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (9.5%) per year over the past 6 years. 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
2021
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 | |
Scott Wade Director | 1 | $0 | |
Michael Devaughn Director | 1 | $0 | |
Chandra Kilgriff Secretary | 1 | $0 | |
Sara Schnadt Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,953 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $581 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $73,534 |
| 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 | $4,685 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,824 |
| Total expenses | $43,513 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $295,413 |
| Other assets | $0 |
| Total assets | $296,813 |
| Total liabilities | $9,802 |
| Net assets or fund balances | $287,011 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Minds Matter National Inc has recieved totaling $10,633.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,210 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $3,423 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa Jag Inc Des Moines, IA | $8,216,251 | $8,843,429 |
Achieve Twin Cities Minneapolis, MN | $9,710,050 | $5,735,316 |
Boys And Girls Club Of Dane County Inc Madison, WI | $16,863,189 | $11,374,930 |
Life Promotions Inc Appleton, WI | $2,405,715 | $5,603,353 |
The Sanneh Foundation Inc St Paul, MN | $8,014,398 | $5,568,906 |
Minnesota Alliance With Youth Minneapolis, MN | $2,129,148 | $3,889,585 |
Circus Of The Star St Paul, MN | $2,488,927 | $3,369,220 |
Kellogg Programs Inc Milwaukee, WI | $40,506,593 | $21,606,757 |
Juxtaposition Inc Minneapolis, MN | $8,534,205 | $7,058,900 |
Cheyenne River Youth Project Inc Eagle Butte, SD | $6,953,670 | $4,891,646 |
Hope 4 Youth Coon Rapids, MN | $3,066,603 | $1,492,363 |
Stryv365 Milwaukee, WI | $3,493,700 | $1,644,907 |