Form 990 for tax year 2024
Filed by INSPIRING MINDS OF YOUNGSTOWN INC.
Totals
- Total revenue
- $200,237
- Total expenses
- $208,468
- Contributions and grants received
- $180,120
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $16
- Other revenue
- $20,101
- Total assets, end of year
- $61,874
- Total liabilities, end of year
- $413,060
- Net assets or fund balances, end of year
- -$351,186
- Program services expenses (Part IX)
- $202,430
- Management and general expenses
- $6,038
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $202,430
Program services were 97.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$8,607
-
1e · Government grants (contributions)
$33,251
-
1f · All other contributions, gifts and grants
$138,262
-
1g · Noncash contributions included above
$8,591
-
3 · Investment income
total $16 · related or exempt $16
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$34,405
-
8a · Fundraising events: contributions included on line 1c
$8,607
-
8b · Fundraising events: direct expenses
$14,304
-
8c · Net income from fundraising events
total $20,101 · excluded $20,101
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $105,308 · program services $105,308
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $8,032 · program services $8,032
-
10 · Payroll taxes
total $9,712 · program services $9,712
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $5,850 · management and general $5,850
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $1 · program services $1
-
11g · Fees: other
total $350 · program services $350
-
12 · Advertising and promotion
total $50 · program services $50
-
13 · Office expenses
total $3,074 · program services $2,936 · management and general $138
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $17,173 · program services $17,173
-
17 · Travel
total $6,116 · program services $6,116
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $16,491 · program services $16,491
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $988 · program services $988
-
23 · Insurance
total $445 · program services $445
-
24a · Other expenses: SHIRTS
total $11,880 · program services $11,880
-
24b · Other expenses: STUDENT INCENTIVES
total $7,991 · program services $7,991
-
24c · Other expenses: STUDENT MEALS AND FOOD
total $5,321 · program services $5,321
-
24d · Other expenses: PROGRAM SUPPLIES
total $4,170 · program services $4,170
-
24e · All other expenses
total $5,516 · program services $5,466 · management and general $50
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $69,450 · end of year $53,892
-
2 · Savings and temporary cash investments
end of year $7,982
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$9,884
-
10b · Land, buildings and equipment: accumulated depreciation
$9,884
-
10c · Land, buildings and equipment, net
beginning of year $988 · end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $411,300 · end of year $406,071
-
25 · Other liabilities
beginning of year $2,093 · end of year $6,989
-
27 · Net assets without donor restrictions
beginning of year -$342,955 · end of year -$351,186
Mission and programs · 2024
Mission
TO ENGAGE INSPIRE AND EMPOWER YOUTH TO REACH THEIR FULL POTENTIAL THROUGH EDUCATION AND EXPOSURE TO LIFE CHANGING EXPERIENCES.
-
After-school programming inspires youth to reach their fullest potential through education and real-life experiences. The program is offered Monday - Thursday from 3 PM - 6 PM, at a time when many students would otherwise be home alone while parents/guardians are at work. Students work in a structured, safe, happy, compassionate and encouraging environment that promotes the next generation of leaders.In 2024, 20 high school students and 50 K8 students benefited from the program. The students' Educational and Personal Development activities include the following: one-on-one tutoring, STEM activities, mentoring sessions, financial literacy, and family night activities. During the year, the students participated in weekly physical fitness classes, line dancing classes, bi-weekly nutritional classes and monthly mental wellness sessions to promote their Health and Wellness. The students also participated in bi-weekly sessions with MyPath of Mahoning Valley, Goodwill Industries workshops, Junior Achievement Sessions and sessions at the Youngstown Business Incubator for College and Career Readiness and program visits from college representatives. The students were actively engaged in activities to promote their Personal Development, such as poetry writing, chess club, performing in band and orchestra concerts, hosting their annual Celebration of the Scholars Awards Ceremony and their annual Im Mom Mothers Day Celebration.This program was also supported during the year by in kind donations of services including instructors valued at $2,500; organizational development valued at $10,000 and training services valued at $2,000.
Expenses $155,302
-
Summer enrichment programming is a combination of fun activities that focus on all Impact Areas - Education, College & Career Readiness, Health & Wellness, Personal Development and Exposure to New Experiences. The summer program runs Monday - Friday from 9 AM - 4 PM. Summer enrichment helps students retain knowledge they would normally lose during the summer from being off of school. All of which is done in an environment surrounded with positive role models that can lead them to a promising future.In 2024, 20 high school students and 50 K8 students participated in summer enrichment. Activities included weekly swimming, physical fitness and mental wellness sessions; STEM activities at OHWow; college and career readiness sessions/activities with the Youngstown Business Incubator; sessions with YUMADOP (Youngstown Urban Minority Alcoholism and Drug Abuse Outreach Program); 3D printing at the Youngstown Business Incubator and berry picking. Other field trips were taken to Ascend Rock Climbing, Camelot Bowling Lanes, On Target Outfitters, Fun and Stuff, Pioneer Water Park industry tours and college tours. The scholars also hosted their 2nd Annual Spelling Bee.
Expenses $47,128
As filed on the 2024 return.
Listed in Part VII
-
Pastor Joseph Walker
President
- Total calculated
- $0
- Hours/week
- 2
-
Dean Noble
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Trinette Simon CPA
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Angela Moss
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Carla Baldwin
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Alicia Miller
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
Megan Wagner
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Sherri Bercheni
Board Member
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · TO ENGAGE INSPIRE AND EMPOWER YOUTH · OH
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 22 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202512959349300626
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