Mentorprize Incorporated
- Assets
- $173.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 06/2015
- Data as of
- 12/2020
- EIN
- 47-4242397
Organization Overview
Mentorprize Incorporated is located in Washington, DC. The organization was established in 2015. According to its NTEE Classification (T40) the organization is classified as: Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mentorprize Incorporated 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, Mentorprize Incorporated generated $70.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (19.1%) each year. All expenses for the organization totaled $85.7k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
MENTORPRIZE AIMS TO MITIGATE THE CHRONIC SHORTAGE OFMENTORS IN THE D.C. AREA SO THAT CHILDREN AND YOUNGADULTS FROM DISADVANTAGED BACKGROUNDS GET THE EMOTIONAL,
MENTORPRIZE AIMS TO MITIGATE THE CHRONIC SHORTAGE OFMENTORS IN THE D.C. AREA SO THAT CHILDREN AND YOUNGADULTS FROM DISADVANTAGED BACKGROUNDS GET THE EMOTIONAL,
MENTORPRIZE AIMS TO MITIGATE THE CHRONIC SHORTAGE OFMENTORS IN THE D.C. AREA SO THAT CHILDREN AND YOUNGADULTS FROM DISADVANTAGED BACKGROUNDS GET THE EMOTIONAL,
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Vaughan Executive Director | 40 | $66,298 | |
Leslie Adelman Board Chair | 30 | $0 | |
Dina Elboghdady Secretary/director | 6 | $0 | |
Alan Korn Director | 2 | $0 | |
Isabel Jasanowski Director | 2 | $0 | |
Dawn Haagstad Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,126 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $354 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $77 |
| Total Revenue | $70,557 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $66,680 |
| Professional fees and other payments to independent contractors | $1,898 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,116 |
| Total expenses | $85,694 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $171,948 |
| Other assets | $0 |
| Total assets | $173,318 |
| Total liabilities | $180 |
| Net assets or fund balances | $173,138 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mentorprize Incorporated has recieved totaling $15.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $15 |
Peer Organizations
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|---|---|---|
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So What Else Inc Rockville, MD | $723,269 | $1,729,369 |
Volunteer Center Of Fairfax County Inc Fairfax, VA | $752,280 | $1,284,071 |
Volunteers Of America Inc Alexandria, VA | $2,634,242 | $340,637 |
Voluntary Action Center Of The Prince William Area Inc Manassas, VA | $277,372 | $715,329 |
Civic Leadership Institute Norfolk, VA | $733,120 | $508,888 |
Volunteers Of America Inc Alexandria, VA | $2,094,498 | $262,104 |
The Washington Times Foundation Inc Washington, DC | $38,369 | $314,627 |
Volunteer Alexandria Inc Alexandria, VA | $452,970 | $340,731 |
First Fridays At Five Inc Roanoke, VA | $26,703 | $164,804 |
People Helping People Of Fauguier County Inc Warrenton, VA | $67,215 | $0 |
Baltimore County Volunteer Firefighters Assoc Inc Towson, MD | $230,767 | $91,871 |