Hungry Minds Inc
- Assets
- $31.9k
- Revenue
- $28.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Moorestown, NJ
- Founding
- Data as of
- 12/2023
- EIN
- 84-3046802
Organization Overview
Hungry Minds Inc is located in Moorestown, NJ. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hungry 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 12/2023, Hungry Minds Inc generated $28.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $29.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOL MEAL DEBT PROGRAM - WE PROVIDE FUNDS FOR A DELANCO SCHOOL DISTRICT CAFETERIA ACCOUNT WHICH FOOD SERVICE MANAGEMENT USES TO OFFSET MEAL COSTS FOR STUDENTS ENCOUNTERING SHORT TERM INABILITY TO PAY. WE ALSO MAKE CONTRIBUTIONS TO RETIRE PAST ACCUMUALTED MEAL DEBTS.
GROCERY SUPPORT PROGRAM - FAMILIES OF PUBLIC SCHOOL STUDENTS IN OUR COVERED DISTRICTS WHO DEMONSTRATE NEED CAN RECEIVE UP TO ONE GROCERY DELIVERY PER MONTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Hayman Chair & Treasurer | 2 | $0 | |
Deborah Hayman Pres & Secretary | 2 | $0 | |
Brian Hayman Director | 1 | $0 | |
Rebecca Yerkes Director | 1 | $0 | |
Stephen Hayman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $26,900 |
| Interest on Savings | $1,075 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $12,399 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $27,975 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,203 |
| Total operating and administrative expenses | $1,204 |
| Contributions, gifts, grants paid | $27,776 |
| Total expenses and disbursements | $28,980 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,961 |
| Savings and temporary cash investments | $9,986 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $31,947 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $24,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $24,000 |
Grants Awarded
Over the last fiscal year, Hungry Minds Inc has awarded $27,776 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ROWAN UNIVERSITY FOUNDATION PURPOSE: SCHOLARSHIPS FOR QUALIFYING HIGH SCHOOL GRADUATES | $12,000 |
FOOD BANK OF SOUTH JERSEY PURPOSE: GRANT TO SUPPORT PROGRAMS AIMED AT STUDENTS AND YOUTH | $10,000 |
KATRINA THOMASON PURPOSE: GROCERY DELIVERY TO FAMILY OF STUDENTS IN PUBLIC SCHOOL SYSTEM | $1,572 |
DELANCO SCHOOL DISTRICT PURPOSE: FUNDS TO REPAY AND AVOID STUDENT DEBTS FOR SCHOOL MEALS | $4,204 |