Open Minds Inc
- Assets
- $4.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Middletown, MD
- Founding
- 02/2015
- Data as of
- 12/2020
- EIN
- 46-5489780
Organization Overview
Open Minds Inc is located in Middletown, MD. The organization was established in 2015. According to its NTEE Classification (I21) the organization is classified as: Youth Violence Prevention, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Minds 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 12/2020, Open Minds Inc generated $23.0k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $20.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jan Hummer CEO Preseident | 10 | $0 | |
Jennifer Egupov Treasurer | 3 | $0 | |
Marion Wolfe Vice President | 5 | $0 | |
Bryan Fiesta Righter Secretary | 2 | $0 | |
Dawn Valentine Member At Large | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,000 |
| Total Program Service Revenue | $5,000 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,000 |
| 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 | $18,000 |
| Occupancy, rent, utilities, and maintenance | $1,200 |
| Printing, publications, postage, and shipping | $750 |
| Other expenses | $0 |
| Total expenses | $19,950 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,381 |
| Other assets | $0 |
| Total assets | $4,381 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,381 |