Totals
- Total revenue
- $2,599,086
- Total expenses
- $2,682,852
- Contributions and grants received
- $2,510,374
- Grants paid
- $419,375
- Program service revenue
- $0
- Investment income
- $88,707
- Other revenue
- $5
- Total assets, end of year
- $2,963,571
- Total liabilities, end of year
- $153,965
- Net assets or fund balances, end of year
- $2,809,606
- Program services expenses (Part IX)
- $2,026,537
- Management and general expenses
- $371,219
- Fundraising expenses
- $285,096
- Program service expenses (Part III)
- $2,026,537
Program services were 75.5% 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
$895,783
-
1f · All other contributions, gifts and grants
$1,614,591
-
1g · Noncash contributions included above
$33,140
-
3 · Investment income
total $72,432 · excluded $72,432
-
7a · Gross sales of assets other than inventory
securities $1,592,019
-
7b · Less cost or other basis and sales expenses
securities $1,575,744
-
7c · Gain or loss
securities $16,275
-
7d · Net gain or loss
total $16,275 · excluded $16,275
-
8a · Fundraising events: gross income
$103,699
-
8a · Fundraising events: contributions included on line 1c
$895,783
-
8b · Fundraising events: direct expenses
$103,699
-
8c · Net income from fundraising events
total $0
-
11a · Other revenue: OTHER REVENUE
total $5 · excluded $5
-
11e · Other revenue, total
$5
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $419,375 · program services $419,375
-
5 · Compensation of officers, directors and key employees
total $236,212 · program services $94,485 · management and general $47,242 · fundraising $94,485
-
7 · Other salaries and wages
total $857,351 · program services $718,263 · management and general $53,512 · fundraising $85,576
-
8 · Pension plan contributions
total $20,026 · program services $18,201 · management and general $802 · fundraising $1,023
-
9 · Other employee benefits
total $132,411 · program services $103,551 · management and general $10,584 · fundraising $18,276
-
10 · Payroll taxes
total $89,408 · program services $67,056 · management and general $8,047 · fundraising $14,305
-
11c · Fees: accounting
total $23,084 · management and general $23,084
-
11f · Fees: investment management
total $5,558 · management and general $5,558
-
11g · Fees: other
total $237,316 · program services $181,881 · management and general $36,428 · fundraising $19,007
-
12 · Advertising and promotion
total $50,025 · program services $43,593 · management and general $1,600 · fundraising $4,832
-
13 · Office expenses
total $55,409 · program services $41,557 · management and general $4,987 · fundraising $8,865
-
16 · Occupancy
total $131,443 · program services $31,200 · management and general $100,243
-
17 · Travel
total $54,523 · program services $49,178 · management and general $5,132 · fundraising $213
-
24a · Other expenses: TUITION AND APPLICATION
total $242,446 · program services $241,196 · fundraising $1,250
-
24b · Other expenses: LICENSE FEES
total $35,633 · management and general $35,633
-
24c · Other expenses: SPECIAL EVENT EXPENSE
total $35,211 · program services $1,000 · fundraising $34,211
-
24d · Other expenses: BANK AND CREDIT CARD FE
total $33,974 · management and general $33,974
-
24e · All other expenses
total $23,447 · program services $16,001 · management and general $4,393 · fundraising $3,053
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,499,234 · end of year $159,749
-
2 · Savings and temporary cash investments
beginning of year $204,365 · end of year $921,794
-
3 · Pledges and grants receivable
beginning of year $284,797 · end of year $510,000
-
9 · Prepaid expenses and deferred charges
beginning of year $56,884 · end of year $126,751
-
12 · Investments: other securities
beginning of year $867,884 · end of year $1,245,277
-
17 · Accounts payable and accrued expenses
beginning of year $39,999 · end of year $100,965
-
18 · Grants payable
beginning of year $44,626
-
19 · Deferred revenue
end of year $53,000
-
25 · Other liabilities
beginning of year $19,402 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $2,770,637 · end of year $2,339,606
-
28 · Net assets with donor restrictions
beginning of year $38,500 · end of year $470,000
Mission and programs · 2024
Mission
MINDS MATTER NYC CONNECTS DRIVEN AND DETERMINED STUDENTS FROM LOW-INCOME FAMILIES WITH THE PEOPLE, PREPARATION, AND POSSIBILITIES TO SUCCEED IN COLLEGE, CREATE THEIR FUTURE, AND CHANGE THE WORLD.
-
HIGH SCHOOL PROGRAM:INCLUDES ALL HIGH SCHOOL PROGRAM EXPENSES INCURRED DURING SOPHOMORE, JUNIOR, AND SENIOR YEAR. THIS INCLUDES PROGRAMMING FROM SEPTEMBER TO MAY (18 TO 22 SESSIONS), SAT AND WRITING CONTRACTORS, AND RELATED COSTS SUCH AS METROCARDS, FOOD, AND SUPPLIES. THIS CATEGORY ALSO INCLUDES MINDS MATTER'S SUMMER PROGRAMMING IN JULY (ACADEMIC LEADERSHIP DEVELOPMENT ACADEMY), A THREE WEEK INTENSIVE FOR RISING HIGH SCHOOL JUNIORS FOCUSED ON ACADEMICS AND COMMUNITY. COSTS INCLUDE SPACE RENTAL, TRANSPORTATION, SCHOOL TRIPS, SAT PREP, AND SKILLS WORKSHOPS. JUNIOR SUMMER PROGRAMS FOR RISING HIGH SCHOOL SENIORS, INCLUDING TUITION, TRAVEL, AND APPLICATION FEES, ARE INCLUDED. ASSOCIATED STAFF SALARIES AND RELATED EXPENSES ARE ALSO INCLUDED.
Expenses $847,285
-
COLLEGE PROGRAM:INCLUDES ALL COLLEGE PROGRAM EXPENSES. THIS INCLUDES BI-ANNUAL STIPENDS FOR ALL COLLEGE STUDENTS AND RESTRICTED DONATION SCHOLARSHIPS. THIS CATEGORY ALSO INCLUDES THE COST OF WINTER REUNION, WHERE MINDS MATTER NYC COLLEGE STUDENTS RECONNECT WITH THEIR COLLEGE COACHES FOR A DAY OF COMMUNITY BUILDING, AND CAREER INCUBATOR, A DAY-LONG CAREER CONFERENCE FEATURING PANELS AND WORKSHOPS ACROSS DIVERSE INDUSTRIES. ASSOCIATED STAFF SALARIES AND RELATED EXPENSES ARE INCLUDED AS WELL.
Expenses $639,937 · Grants $419,375
-
OTHER:INCLUDES ALL VOLUNTEER RELATED EXPENSES (E.G., RECRUITMENT, TRAINING, BACKGROUND CHECKS, EVENTS) AND MINDS MATTER NYC MEMBERSHIP DUES. ASSOCIATED STAFF SALARIES AND RELATED EXPENSES ARE ALSO INCLUDED.
Expenses $539,315
As filed on the 2024 return.
Listed in Part VII
-
Sarah TannerSARAH TANNER
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Mark ShpiznerMARK SHPIZNER
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Sanjeev ParlikarSANJEEV PARLIKAR
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Diana LeeDIANA LEE
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Leeanne SuLEEANNE SU
SECRETARY (THROUGH 9/24)
- Total calculated
- $0
- Hours/week
- 2
-
Adam DaviesADAM DAVIES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Keli HuangKELI HUANG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Maribel Ledezma-WilliamsMARIBEL LEDEZMA-WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jamaal McDellJAMAAL MCDELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tony MunozTONY MUNOZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stephen PangSTEPHEN PANG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chaeri TornayCHAERI TORNAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Justin HerridgeJUSTIN HERRIDGE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mansi KothariMANSI KOTHARI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stephanie TeicherSTEPHANIE TEICHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jon ChuJON CHU
DIRECTOR (BEGAN 6/25)
- Total calculated
- $0
- Hours/week
- 1
-
Jeff BurmanJEFF BURMAN
DIRECTOR (BEGAN 6/25)
- Total calculated
- $0
- Hours/week
- 1
-
Cristina CignoliCRISTINA CIGNOLI
DIRECTOR (BEGAN 11/24)
- Total calculated
- $0
- Hours/week
- 1
-
Pete BeckerPETE BECKER
DIRECTOR (BEGAN 1/25)
- Total calculated
- $0
- Hours/week
- 1
-
Veronica Aguilar-HornigVERONICA AGUILAR-HORNIG
DIRECTOR (BEGAN 6/25)
- Total calculated
- $0
- Hours/week
- 1
-
Maggie BrunnMAGGIE BRUNN
DIRECTOR (THROUGH 11/24)
- Total calculated
- $0
- Hours/week
- 1
-
Minhaj PatelMINHAJ PATEL
DIRECTOR (THROUGH 9/24)
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan WilliamsJONATHAN WILLIAMS
DIRECTOR (THROUGH 7/24)
- Total calculated
- $0
- Hours/week
- 1
-
Abdul ZamerliABDUL ZAMERLI
DIRECTOR (THROUGH 11/24)
- Total calculated
- $0
- Hours/week
- 1
-
Cosette GutierrezCOSETTE GUTIERREZ
EXECUTIVE DIRECTOR
- Total calculated
- $227,424
- From this org
- $210,454
- From related orgs
- $0
- Other
- $16,970
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $195,454
- Bonus
- $15,000
- Other
- $0
- Deferred
- $4,845
- Nontaxable benefits
- $12,125
- Filer's total
- $227,424
-
Rachel GellerRACHEL GELLER
DIRECTOR OF VOLUNTEERS
- Total calculated
- $147,606
- From this org
- $133,570
- From related orgs
- $0
- Other
- $14,036
- Hours/week
- 40
-
L'Toya JonesL'TOYA JONES
DIRECTOR OF PROGRAMS
- Total calculated
- $129,621
- From this org
- $114,741
- From related orgs
- $0
- Other
- $14,880
- Hours/week
- 40
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
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 · MENTORING · NY
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 26 February 2026
- IRS schema version
- 2024v5.5
- Source object
- 202600579349300225
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.