Strongminds Inc
- Assets
- $8.2m
- Revenue
- $9.3m
- Investments
- $0.0
- Employees
- 19
- Location
- Maplewood, NJ
- Founding
- 11/2013
- Data as of
- 12/2021
- EIN
- 46-2090059
Organization Overview
Strongminds Inc is located in Maplewood, NJ. The organization was established in 2013. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Strongminds Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Strongminds 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 12/2021, Strongminds Inc generated $9.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.5% each year . All expenses for the organization totaled $5.2m during the year ending 12/2021. While expenses have increased by 38.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STRONGMINDS IS A SOCIAL ENTERPRISE THAT PROVIDES LIFECHANGING DEPRESSION TREATMENT TO LOW-INCOME INDIVIDUALS IN SUB-SAHARAN AFRICA. OUR PROVEN, COST-EFFECTIVE MODEL IS BASED IN GROUP INTERPERSONAL PSYCHOTHERAPY, WHICH WE PROVIDE FREE OF CHARGE, BOTH IN-PERSON AND OVER THE PHONE. SINCE OUR FOUNDING IN 2013, WE HAVE EMBARKED ON INNOVATIVE APPROACHES TO DELIVER THIS THERAPY MODEL AT SCALE. IN 2021, WE WERE ABLE TO LEVERAGE TECHNOLOGY AND PARTNERSHIPS TO TREAT 42,482 INDIVIDUALS WITH DEPRESSION IN UGANDA AND ZAMBIA. STRONGMINDS IS THE ONLY ORGANIZATION SCALING COST-EFFECTIVE SOLUTIONS TO THE DEPRESSION EPIDEMIC IN AFRICA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Mayberry Executive Director | OfficerTrustee | 40 | $206,807 |
Kari Frame Chief Oper. Officer (until 11/2021) | Officer | 40 | $172,053 |
Kim Valente Chief Financial Officer | Officer | 40 | $150,894 |
Rasa Dawson Chief Devel. & Comms. Officer | 40 | $135,321 | |
Hannah Baldwin Partnership Director | 40 | $127,079 | |
Jennifer Bass Editorial & Creative Director | 40 | $107,024 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $273,860 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,000,858 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,274,718 |
| Total Program Service Revenue | $0 |
| Investment income | $4,650 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,279,368 |
| 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 | $3,249,103 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $543,181 |
| Compensation of current officers, directors, key employees. | $250,794 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $670,646 |
| Pension plan accruals and contributions | $20,898 |
| Other employee benefits | $192,843 |
| Payroll taxes | $103,465 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $83,303 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $160,107 |
| Advertising and promotion | $34,002 |
| Office expenses | $14,999 |
| Information technology | $18,502 |
| Royalties | $0 |
| Occupancy | $33,350 |
| Travel | $34,663 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,061 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,218 |
| Insurance | $5,844 |
| All other expenses | $0 |
| Total functional expenses | $5,186,778 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $551,060 |
| Savings and temporary cash investments | $6,017,404 |
| Pledges and grants receivable | $1,438,158 |
| Accounts receivable, net | $10,182 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,110 |
| Net Land, buildings, and equipment | $44,242 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $103,603 |
| Total assets | $8,170,759 |
| Accounts payable and accrued expenses | $77,431 |
| 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 | $77,431 |
| Net assets without donor restrictions | $6,670,921 |
| Net assets with donor restrictions | $1,422,407 |
| 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 | $8,170,759 |
Grants Recieved
Over the last fiscal year, we have identified 25 grants that Strongminds Inc has recieved totaling $2,040,825.
| Awarding Organization | Amount |
|---|---|
David Weekley Family Foundation Houston, TX PURPOSE: EDUCATION | $400,000 |
Double Up Drive Inc Las Vegas, NV PURPOSE: Charitable Giving | $376,744 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $260,000 |
Mulago Foundation New York, NY PURPOSE: RELIEF TO THE POOR | $250,000 |
Esler Family Foundation Albany, NY PURPOSE: GENERAL CHARITABLE | $230,000 |
Imago Dei Fund Boston, MA PURPOSE: GENERAL USE | $210,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tov Vchesed Foundation Inc Monsey, NY | $610,324 | $14,594,457 |
Kolel Shomre Hachomos Of Jerusalem Inc Brooklyn, NY | $8,417,391 | $12,158,295 |
Marys Meals Usa Inc Bloomfield, NJ | $3,234,334 | $9,784,357 |
We Charity Williamsville, NY | $15,990,436 | $8,510,977 |
Big Heart Foundation Inc Clifton, NJ | $8,754,377 | $8,531,455 |
Afsnc Inc New York, NY | $3,029,853 | $9,756,195 |
Alima Usa Inc New York, NY | $6,341,096 | $6,115,397 |
Metro World Child Foundation Inc Brooklyn, NY | $2,538,697 | $8,020,281 |
World Spiritual Awareness Forum Inc Roslyn Heights, NY | $803,724 | $7,990,339 |
Albanian-American Development Foundation New York, NY | $216,065,025 | $9,264,607 |
Vsk Foundation Woodside, NY | $1,033,022 | $6,451,312 |
American Friends Of The Kiev Jewish Community Monsey, NY | $174,348 | $5,759,125 |