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← YOUNG MASTERMINDS INITIATIVE

Form 990 for tax year 2023

Filed by YOUNG MASTERMINDS INITIATIVE.

Totals

Total revenue
$299,143
Total expenses
$194,376
Contributions and grants received
$299,143
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$104,209
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$104,209
Program services expenses (Part IX)
$194,376
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$194,376

Program services were 100.0% 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.

  • 1f · All other contributions, gifts and grants

    $299,143

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $84,583 · program services $84,583

  • 10 · Payroll taxes

    total $6,471 · program services $6,471

  • 12 · Advertising and promotion

    total $7,490 · program services $7,490

  • 13 · Office expenses

    total $5,297 · program services $5,297

  • 17 · Travel

    total $23,895 · program services $23,895

  • 19 · Conferences, conventions and meetings

    total $38,419 · program services $38,419

  • 23 · Insurance

    total $3,941 · program services $3,941

  • 24a · Other expenses: Dues and Memberships

    total $386 · program services $386

  • 24b · Other expenses: Legal and Professional

    total $3,148 · program services $3,148

  • 24c · Other expenses: Contractors

    total $16,778 · program services $16,778

  • 24d · Other expenses: Accounting Bookkeeping

    total $3,548 · program services $3,548

  • 24e · All other expenses

    total $420 · program services $420

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $41,375 · end of year $104,209

  • 31 · Retained earnings, endowment or other funds

    beginning of year $41,375 · end of year $104,209

Mission and programs · 2023

Mission

The Young Mastermind initiative promotes mentoring, leadership and positive self-awareness by creating unique experiences that teach young men of color about the value of brotherhood & community

Activities or mission (Part I)

Mentoring leadership and positive selfawareness by creating unique experiences for young men of color while building community

  • Camping to Connect is a BIPOC-led experimental mentorship program that uses outdoor recreation and nature immersion to address the diverse issues face by young men of color in America's cities from mental health to healthy masculinity. Our goal is to change the narrative of who belongs in outdoor spaces and help the young men

    Expenses $194,376

As filed on the 2023 return.

Listed in Part VII

  • Manuel Almonte

    Board Chair CEO

    Total calculated
    $84,583
    From this org
    $84,583
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Jamaal Weatherspoon

    Secretary

    Total calculated
    $0

  • Brandon Slaughter

    Treasurer

    Total calculated
    $0

  • Andy Isaacson

    Dir of Ext Relations

    Total calculated
    $0

  • Jamian Polk

    Chair of Advisory Boar

    Total calculated
    $0

  • David Lopez

    InHouse Counsel

    Total calculated
    $0

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.

Provenance

Return type
form_990
Tax year
2023
Filed
12 September 2024
IRS schema version
2023v5.1
Source object
202422569349300302

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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