INSPIRING MINDS OF NEW YORK CITY INC: Form 990EZ, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- INSPIRING MINDS OF NEW YORK CITY INC (EIN 35-2646735)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-10-15
- IRS object ID
- 202012899349200321
- Schema version
- 2019v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-10-15T08:18:58-07:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 200537941 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | S Jones and Associates LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1745 Niles Cortland Rd NE Suite 1 | AddressLine1Txt |
| City | Warren | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44484 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 352646735 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Inspiring Minds of New York City Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | INSP | BusinessNameControlTxt |
| Phone | 5163753703 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1130 Bedford Ave 13 | AddressLine1Txt |
| City | Brooklyn | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11216 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Katrena Perou | PersonNm |
| Person Title | Executive Director | PersonTitleTxt |
| Signature | 2020-10-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Vicki L Mooney CPA | PreparerPersonNm |
| PTIN | P00526648 | PTIN |
| Phone | 3303995226 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Initial Return | Yes (X) | InitialReturnInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Website Address | imyouth.org/inspiring-minds-nyc | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $125,800 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $125,000 | ContributionsGiftsGrantsEtcAmt |
| Cost Or Other Basis Expense Sale | $0 | CostOrOtherBasisExpenseSaleAmt |
| Fundraising Gross Income | $800 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $910 | SpecialEventsDirectExpensesAmt |
| Special Events Net Income Loss | -$110 | SpecialEventsNetIncomeLossAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Total Revenue | $124,890 | TotalRevenueAmt |
| Salaries Other Comp Empl Bnft | $48,808 | SalariesOtherCompEmplBnftAmt |
| Fees And Other Pymt To Ind Cntrct | $49,261 | FeesAndOtherPymtToIndCntrctAmt |
| Occupancy Rent Utlts And Maint | $1,766 | OccupancyRentUtltsAndMaintAmt |
| Printing Publications Postage | $845 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $26,722 | OtherExpensesTotalAmt |
| Total Expenses | $127,402 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$2,512 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances EOY | -$2,512 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $122,420 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $5,862 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $128,282 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $130,794 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | -$2,512 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | TO ENGAGE INSPIRE AND EMPOWER YOUTH TO REACH THEIR FULL POTENTIAL THROUGH EDUCATION AND EXPOSURE TO LIFE CHANGING EXPERIENCES. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | After-School and Summer Programming is offered weekly for students focusing on education, mentoring, leadership, arts, civic engagement, college and career readiness, internships, personal development and so much more. At Inspiring Minds, students work in a happy, safe and structured environment that encourages them to become the next generation of leaders.The In My Element Mentoring curriculum is an emotional wellness and leadership program for young women ages 11-18, inspired by the healing philosophies of indigenous cultures from around the world. The program uses nature as a thematic guide to support participants as they awaken their personal leadership style. It arms students with tools for emotional literacy, stress reduction, and body awareness so that they may access their inner compass for success.The Sankofa Young Mens Empowerment Program will provide students with a holistic educational experience designed to assist them in cultivating their leadership skills. This 10-week experience will draw on principles from West African rite of passage ceremonies that prepare boys to transition into manhood. Through multimedia presentations and engaging activities that challenge the group to work collectively, students will be provided a safe forum to assist them in their development.Internships Targeting seniors in high school, participants will receive 20 hours of training around professionalism, work etiquette and will explore different sectors in the field. Students will be assigned internships after they have completed their training and will go through a reflection and next step process with the Internship Coordinator.College Tours Inspiring Minds will set up 2 college tours each year for all students participating in IM programming. Students will learn about admissions, different areas of study, the life and journey of a college student from current students, fraternities/sororities and scholarship opportunities. The first tour will be local and the 2nd tour will be out of state.Musicdemics In partnership with YeyeX, Inspiring Minds will build a culturally responsive academic intervention that will include music videos, songs tailored to the content and a curriculum guide. The school will choose the academic area of focus and assign an educator from their staff to support the team with aligning the curriculum.We focus on the following activities under each Area of Impact:Education: We assist our youth with homework; tutoring; provide them with learning activities focusing on reading, language arts, STEM, entrepreneurship, and financial literacy; provide them frequent monitoring of each student's interim grades, report cards, and state test scores; and provide our youth with incentives for student academic and behavioral achievement.College & Career Readiness: We provide our youth with career guidance and exploration; take them on company tours (including The White House, Coca Cola, Warner Brothers & Universal Studios, Ohio State House, Cleveland Indians, Madison Square Garden, The Apollo, Lucas Oil Stadium - Indianapolis Colts, General Motors, and BET Headquarters); provide them with college tours (colleges and universities visited include Penn State University, Purdue University, University of Southern California, Parsons School of Art & Design, The Art Institutes, University of Notre Dame, Thiel College, Duke University, The Ohio State University, and Bowling Green State University); and assist them with professional development such as resume writing, mock interviews, job shadowing, career camps, and internship opportunities.Exposure to New Experiences: We have provided our youth with week-long trips and day trips to various destinations across the county. Inspiring Minds youth have explored diverse communities, visited museums, embraced cultural tradition, and have been introduced to new foods. We've also introduced our youth to professional athletes, famous entertainers, and CEOs. Health & Wellness: We teach our youth about nutrition and cooking; sports education through exposure to traditional and nontraditional sports such as football, basketball, soccer, volleyball, tennis, track and field; help them find exercises they enjoy such as swimming, dance, boxing, weight lifting, yoga, tai-chi and more; and teach them about personal hygiene.Personal Development: We require 100% participation in our activities to encourage students to try new things outside of their comfort zone. Inspiring Minds sets expectations for acceptable behaviors such as regular attendance, participation, respect for staff and peers, dress code adherence and transportation safety in order to develop character within our students. We also provide our youth withopportunities to plan, organize and participate in community service projects. | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $120,116 | GrantsAndAllocationsAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $120,116 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (8 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| Katrena Perou | ||
| Executive Dir. | 40.00 | $45,000 |
| Sharleen Morris | ||
| Chairman | 1.00 | $0 |
| Renee K Smith | ||
| Co-Chairmain | 1.00 | $0 |
| Valencia Macon | ||
| Secretary | 1.00 | $0 |
| Lauren Ahmed-Jobson | ||
| Treasurer | 1.00 | $0 |
| Suhui Won | ||
| Board Member | 1.00 | $0 |
| Lindsay Fauntleroy | ||
| Board Member | 1.00 | $0 |
| Sheridan Jack-Browne Mukoro | ||
| Board Member | 1.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Tax Imposed Under IRC4911 | $0 | TaxImposedUnderIRC4911Amt |
| Tax Imposed Under IRC4912 | $0 | TaxImposedUnderIRC4912Amt |
| Tax Imposed Under IRC4955 | $0 | TaxImposedUnderIRC4955Amt |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Tax Imposed On Organization Mgr | $0 | TaxImposedOnOrganizationMgrAmt |
| Tax Reimbursed By Organization | $0 | TaxReimbursedByOrganizationAmt |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Katrena Perou | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12 Tyler Ave | AddressLine1Txt |
| City | Carteret | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07008 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5163753703 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $125,000 | CurrentTaxYearAmt |
| Total | $125,000 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $125,000 | CurrentTaxYearAmt |
| Total | $125,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $0 | SubstantialContributorsTotAmt |
| Public Support Total170 | $125,000 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $125,000 | TotalSupportAmt |
| First5 Years170 | Yes (X) | First5Years170Ind |
| Public Support CY170 | 0.00000 | PublicSupportCY170Pct |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Other Expenses.1002 | Office Expenses $710 |
| Other Expenses.1005 | Travel $4684 |
| Other Expenses.1012 | Insurance $2380 |
| Other Expenses.1 | STUDENT MEALS AND FOOD $8578 |
| Other Expenses.2 | OTHER PROGRAM SUPPLIES $5213 |
| Other Expenses.3 | STUDENT SHIRTS $4827 |
| Other Expenses.5 | STUDENT ACTIVITIES $330 |
| Other Assets.1005 | Accounts Receivable - Beginning $0 Accounts Receivable - Ending $862 |
| Other Assets.1011 | Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $5000 |
| Total Liabilities.1003 | Deferred Revenue - Beginning $0 Deferred Revenue - Ending $125000 |
| Total Liabilities.1 | PAYROLL LIABILITIES - Beginning $0 PAYROLL LIABILITIES - Ending $5794 |
Comments