Project Healthy Minds Corporation
- Assets
- $3.0m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 05/2018
- Data as of
- 12/2021
- EIN
- 82-3616589
Organization Overview
Project Healthy Minds Corporation is located in Pittsburgh, PA. The organization was established in 2018. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Healthy Minds Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NON-PROFIT FOCUSED ON CLOSING THE MENTAL HEALTH TREATMENT GAP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROJECT HEALTHY MINDS HAS ACCOMPLISHED MANY THINGS DURING THE COURSE OF 2021. SOME OF THE HIGHLIGHTS ARE AS FOLLOWS:- A SECOND GENERATION VERSION OF THE DIGITAL DISCOVERY PLATFORM WAS BUILT AND RELEASED. MORE THAN 30,000 PEOPLE USED THE DIGITAL EXPERIENCE TO FIND MENTAL HEALTH SERVICES.- PROJECT HEALTHY MINDS BEGAN ITS PUBLIC ANTI-STIGMA CAMPAIGNS BY PARTNERING WITH CELEBRITIES TO SHARE THEIR MENTAL HEALTH STORIES PUBLICLY- PROJECT HEALTHY MINDS DEVELOPED AND LAUNCHED ITS CORPORATE MENTAL HEALTH TRAINING PROGRAM- PROJECT HEALTHY MINDS GREW ITS YOUTH MENTAL HEALTH RESEARCH PROGRAM, WORKING WITH ITS SCIENTIFIC ADVISORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sabrina Khan Secretary | Officer | 2 | $0 |
Phillip Schermer President | Officer | 10 | $0 |
Alexander Jilla Chief Financial Officer | Officer | 2 | $0 |
Aaron Dworkin Chair Of Nominating Committee | Trustee | 2 | $0 |
Andy Sekel Director | Trustee | 2 | $0 |
Brian Offutt Chairman Of The Board | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,467,634 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,467,634 |
| Total Program Service Revenue | $35,000 |
| Investment income | $0 |
| 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 | $2,502,634 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,734 |
| Fees for services: Accounting | $7,946 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,272 |
| Office expenses | $0 |
| Information technology | $6,660 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,617 |
| All other expenses | $9,928 |
| Total functional expenses | $37,157 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,684,071 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $347,233 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,031,304 |
| Accounts payable and accrued expenses | $212 |
| 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 | $212 |
| Net assets without donor restrictions | $1,191,949 |
| Net assets with donor restrictions | $1,839,143 |
| 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 | $3,031,304 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Project Healthy Minds Corporation has recieved totaling $1,618,316.
| Awarding Organization | Amount |
|---|---|
Guaranteed Rate Foundation Nfp Chicago, IL PURPOSE: ASSISTING INDIVIDUALS TO FIND MENTAL HEALTH SERVICES VIA A DIGITAL MENTAL HEALTH MARKETPLACE | $1,580,616 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $26,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $11,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Clay Center For The Arts & Sciences Of West Virginia Inc Charleston, WV | $104,991,627 | $9,740,232 |
Joan Mitchell Foundation Inc New York, NY | $163,093,074 | $7,287,755 |
African American Cultural Center Pittsburgh, PA | $15,275,830 | $8,128,417 |
Pioneer Works Art Foundation Brooklyn, NY | $17,838,425 | $7,041,619 |
St Anns Warehouse Inc Brooklyn, NY | $32,618,208 | $8,833,127 |
Mount Carmel Guild Education Newark, NJ | $2,668,838 | $6,215,422 |
One Club For Creativity Inc New York, NY | $23,237,696 | $9,988,732 |
Judd Foundation New York, NY | $82,389,087 | $7,883,436 |
Guild Hall Of East Hampton Inc East Hampton, NY | $35,896,554 | $17,394,413 |
Seward Johnson Atelier Inc Hamilton, NJ | $66,063,145 | $5,452,215 |
Baltimore Office Of Promotion And The Arts Baltimore, MD | $2,768,148 | $4,464,806 |
Boris Lurie Art Foundation Wilmington, DE | $0 | $786,286 |