Inspiring Minds Raleigh-Durham
- Assets
- $152.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Durham, NC
- Founding
- Data as of
- 12/2023
- EIN
- 86-2159341
Organization Overview
Inspiring Minds Raleigh-Durham is located in Durham, NC. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inspiring Minds Raleigh-Durham 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, Inspiring Minds Raleigh-Durham generated $534.0 in total revenue. All expenses for the organization totaled $120.2k during the year ending 12/2023.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENGAGE INSPIRE AND EMPOWER YOUTH TO REACH THEIR FULL POTENTIAL THROUGH EDUCATION AND EXPOSURE TO LIFE CHANGING EXPERIENCES.
Describe the Organization's Program Activity:
Part 3
THE AFTER-SCHOOL PROGRAM IS OFFERED AT A TIME WHEN MANY STUDENTS WOULD OTHERWISE BE HOME ALONE WHILE PARENTS ARE AT WORK MONDAY THROUGH THURSDAY FROM 4:30PM TO 7:30PM. AT INSPIRING MINDS, STUDENTS CAN STUDY IN A HAPPY, SAFE AND STRUCTURED ENVIRONMENT THAT INCLUDES PERSONALIZED TUTORING, MENTORING, WORKSHOPS, AND THE ENCOURAGEMENT THEY NEED TO BECOME THE NEXT GENERATION OF LEADERS. OUR PROGRAMMING WAS OFFERED TO 20 DURHAM HIGH SCHOOL STUDENTS. THE STUDENTS HAD THE OPPORTUNITY TO TOUR 4 UNIVERSITIES AND 12 DIFFERENT INDUSTRIES! THIS PROGRAM WAS ALSO SUPPORTED DURING THE YEAR BY IN KIND DONATIONS OF SERVICES INCLUDING COMPUTERS, OFFICE, CLASSROOM SPACE USE VALUED AT $5000.
SUMMER PROGRAMMING INCLUDES A COMBINATION OF FUN ACTIVITIES FOCUSED ON ACADEMICS, SPORTS, HEALTH AND NEW EXPERIENCES. STUDENTS RETAIN KNOWLEDGE THEY WOULD TYPICALLY LOSE DURING THE SUMMER OFF FROM SCHOOL, AND THEYRE IN A SAFE ENVIRONMENT SURROUNDED BY POSITIVE ROLE MODELS THAT CAN LEAD THEM TO A PROMISING FUTURE. OUR CHAPTER JOINED THE OTHER IM CHAPTERS IN WASHINGTON DC FOR AN ACTION-PACKED WEEK OF EXPOSURE. SOME OF THE STUDENTS EXPERIENCED THEIR FIRST FLIGHT, TOURS OF AFRICAN AMERICAN MUSEUM, HISTORICAL MONUMENTS, CULTURAL TOURS OF SEVERAL BUSINESSES AND ACCESS TO MANY ENTREPRENEURS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bree Elzy Executive Dir. | 40 | $63,323 | |
Dr Shaundra Daily President | 10 | $0 | |
Charmaine Grafton Vice President | 10 | $0 | |
Eric Williams Treasurer | 0 | $0 | |
Isaac Roach Board Member | 10 | $0 | |
Dr Kim Stansbury Board Member | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $534 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $534 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $76,046 |
| Professional fees and other payments to independent contractors | $1,950 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $178 |
| Other expenses | $41,514 |
| Total expenses | $120,188 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $152 |
| Other assets | $0 |
| Total assets | $152 |
| Total liabilities | $0 |
| Net assets or fund balances | $152 |