MINDS MATTER: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- MINDS MATTER (EIN 32-0191502)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-14
- IRS object ID
- 201331349349306848
- Schema version
- 2011v1.5
- 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) |
|---|---|---|
| Timestamp | 2013-05-14T16:05:13-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 221732349 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WISS & COMPANY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 354 EISENHOWER PARKWAY | AddressLine1 |
| City | LIVINGSTON | City |
| State | NJ | State |
| ZIP Code | 07039 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 320191502 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MINDS MATTER OF NYC INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MIND | NameControl |
| Phone | 2126266584 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1120 AVENUE OF THE AMERICAS 4TH | AddressLine1 |
| Address Line2 | FLOOR | AddressLine2 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10036 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DENNIS RUHL | Name |
| Title | CHAIR | Title |
| Phone | 2126266584 | Phone |
| Date Signed | 2013-05-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ALEXANDER J NARCISE | Name |
| PTIN | P01062189 | PTIN |
| Phone | 9739949400 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DENNIS RUHL | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1120 AVENUE OF THE AMERICAS 4TH | AddressLine1 |
| Address Line2 | FLOOR | AddressLine2 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10036 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 669441 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Group Exemption Number | 4358 | GroupExemptionNumber |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.MINDSMATTERNYC.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1991 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | TO TRANSFORM THE LIVES OF ACCOMPLISHED HIGH SCHOOL STUDENTS FROM LOW-INCOME FAMILIES BY BROADENING THEIR DREAMS AND PREPARING THEM FOR COLLEGE SUCCESS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 12 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 11 | NbrIndependentVotingMembers |
| Total Nbr Employees | 3 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 497824 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 573611 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 30363 | InvestmentIncomePriorYear |
| Investment Income Current Year | 33019 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | -3346 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 528187 | TotalRevenuePriorYear |
| Total Revenue Current Year | 603284 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 252138 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 244742 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 120707 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 171184 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 80322 | OtherExpensePriorYear |
| Other Expenses Current Year | 91092 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 453167 | TotalExpensesPriorYear |
| Total Expenses Current Year | 507018 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 75020 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 96266 | RevenuesLessExpensesCY |
| Total Assets BOY | 1253316 | TotalAssetsBOY |
| Total Assets EOY | 1387782 | TotalAssetsEOY |
| Total Liabilities BOY | 77260 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 110537 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1176056 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1277245 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO TRANSFORM THE LIVES OF ACCOMPLISHED HIGH SCHOOL STUDENTS FROM LOW-INCOME FAMILIES BY BROADENING THEIR DREAMS AND PREPARING THEM FOR COLLEGE SUCCESS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 91733 | Expense |
| Grants | 58325 | Grants |
| Description | SOPHOMORE PROGRAM: FUNDED COST OF SUMMER STUDY PROGRAMS WHICH INCLUDED TUITION AND TRAVEL EXPENSES FOR LOW INCOME HIGH SCHOOL SOPHOMORES. INCLUDES PROGRAM COSTS FOR WRITING AND CRITICAL THINKING AND TEST PREPARATION CURRICULA.IN THE SOPHOMORE PROGRAM, OUR HIGH-ACHIEVING STUDENTS ARE QUICKLY IMMERSED IN INTENSE, GOAL-ORIENTED PROGRAMMING. THE CORE FOCUS OF THE SOPHOMORE PROGRAM IS TO ELEVATE EACH OF OUR STUDENT'S ACADEMIC, COMMUNICATION, AND LEADERSHIP SKILLS AND TO HELP THEM GAIN ADMISSION INTO ACADEMICALLY INTENSE SUMMER PROGRAMS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 135348 | Expense |
| Grants | 94263 | Grants |
| Description | SENIOR PROGRAM: THE ORGANIZATION FUNDED THE COST OF SUMMER STUDY PROGRAMS WHICH INCLUDED TUITION AND TRAVEL EXPENSES FOR LOW INCOME HIGH SCHOOL SENIORS. INCLUDES PROGRAM COSTS FOR WRITING AND CRITICAL THINKING AND TEST PREPARATION CURRICULA. THE SENIOR PROGRAM IS DEDICATED TO SUPPORTING STUDENTS THROUGH THE COLLEGE APPLICATION PROCESS, WHICH INCLUDES ACADEMIC ELEMENTS OF THE SOPHOMORE AND JUNIOR PROGRAMS AS WELL AS WORKSHOPS ON FINANCIAL AID AND SCHOLARSHIPS. ALUMNI PROGRAM: MINDS MATTER PROVIDES EACH GRADUATING SENIOR A STIPEND/SCHOLARSHIP RANGING TO COVER THE COST OF TUITION, BOOKS, COMPUTERS AND OTHER COLLEGE-RELATED EXPENSES. THE ALUMNI PROGRAM PROVIDES OUR STUDENTS WITH ADDITIONAL SUPPORT SERVICES INCLUDING AN ONLINE ALUMNI COMMUNITY AND INFORMATION PACKETS FOR WORKSHOPS (E.G. RESUME/COVER LETTER WRITING, JOB SEARCHING, NETWORKING, ETC.). WE ALSO SEND CARE PACKAGES TO MINDS MATTER'S COLLEGE FRESHMAN AT THE BEGINNING OF THEIR FIRST SEMESTER AS WELL AS DURING FINAL EXAM SEASONS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 152479 | Expense |
| Grants | 92154 | Grants |
| Description | JUNIOR PROGRAM: THE ORGANIZATION FUNDED THE COST OF SUMMER STUDY PROGRAMS WHICH INCLUDES TUITION AND TRAVEL EXPENSES FOR LOW INCOME HIGH SCHOOL JUNIORS. INCLUDES PROGRAM COSTS FOR WRITING AND CRITICAL THINKING AND TEST PREPARATION CURRICULA. THE ACADEMIC PROGRAMMING PORTION OF THE JUNIOR PROGRAM CURRICULUM IS RIGOROUS CONSISTING OF WRITING AND CRITICAL THINKING (W&CT) AND INTENSIVE SAT/ACT PREPARATION. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 379560 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 0 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 3 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 12 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 11 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | CHYMEKA OLFONSE | NamePerson |
| Telephone Number | 2126266584 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1120 AVENUE OF THE AMERICAS 4TH | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10036 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (25 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| DENNIS RUHL | ||||||
| CHAIR | 5.00 | X | X | 0 | 0 | 0 |
| DAVID EAGLE | ||||||
| DIRECTOR & COMMITTEE CO-CHAIR | 5.00 | X | 0 | 0 | 0 | |
| ALLEN GUREVICH | ||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | |
| ERIKA HALSTEAD | ||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | |
| BRENDAN MCLAUGHLIN | ||||||
| DIRECTOR & COMMITTEE CO-CHAIR | 5.00 | X | 0 | 0 | 0 | |
| STEPHANIE PFEFFER | ||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | |
| AMIT BHANDARI | ||||||
| DIRECTOR & COMMITTEE CO-CHAIR | 5.00 | X | 0 | 0 | 0 | |
| PHIL HART | ||||||
| DIRECTOR & COMMITTEE CO-CHAIR | 5.00 | X | 0 | 0 | 0 | |
| YUKA BRODERICK | ||||||
| DIRECTOR & COMMITTEE CO-CHAIR | 5.00 | X | 0 | 0 | 0 | |
| BRENT ASHTON | ||||||
| DIRECTOR & COMMITTEE CO-CHAIR | 5.00 | X | 0 | 0 | 0 | |
| DAVID SALPETER | ||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | |
| STEVEN SONG | ||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | |
| JEFF VOGEL | ||||||
| DIRECTOR & COMMITTEE CO-CHAIR | 5.00 | X | 0 | 0 | 0 | |
| JON BERNSTEIN | ||||||
| ADVISORY BOARD MEMBER | 5.00 | X | 0 | 0 | 0 | |
| JAY CAMPBELL | ||||||
| ADVISORY BOARD MEMBER | 5.00 | X | 0 | 0 | 0 | |
| LINCOLN SINGLETON | ||||||
| ADVISORY BOARD MEMBER | 5.00 | X | 0 | 0 | 0 | |
| JAMEY SPENCER | ||||||
| ADVISORY BOARD MEMBER | 5.00 | X | 0 | 0 | 0 | |
| DEBI LEE | ||||||
| ADVISORY BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| JEFF BERNSTEIN | ||||||
| ADVISORY BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| JENNY SHIN | ||||||
| ADVISORY BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MICHAEL CIOLLI | ||||||
| ADVISORY BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| SHARI NOONAN | ||||||
| ADVISORY BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| STEWART LEE | ||||||
| ADVISORY BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| TODD ZIPPER | ||||||
| ADVISORY BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| CHYMEKA OLFONSE | ||||||
| EXECUTIVE DIRECTOR | 50.00 | X | X | 0 | 102312 | 3200 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 102312 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 3200 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Federated Campaigns | 3183 | FederatedCampaigns |
| Fundraising Events | 289861 | FundraisingEvents |
| All Other Contributions | 280567 | AllOtherContributions |
| Total Contributions | 573611 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 31910 | TotalRevenueColumn |
| Exclusion | $31,910 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1109 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1109 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1109 | TotalRevenueColumn |
| Exclusion | $1,109 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 62811 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 289861 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 66157 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -3346 | TotalRevenueColumn |
| Exclusion | -$3,346 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 603284 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $29,673 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 244742 | Total |
| Program Services | 244742 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52496 | Total |
| Program Services | 31550 | ProgramServices |
| Management And General | 20946 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 85162 | Total |
| Program Services | 51182 | ProgramServices |
| Management And General | 33980 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21461 | Total |
| Program Services | 12898 | ProgramServices |
| Management And General | 8563 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12065 | Total |
| Program Services | 7251 | ProgramServices |
| Management And General | 4814 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5977 | Total |
| Program Services | 5977 | ProgramServices |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2535 | Total |
| Program Services | 2535 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27586 | Total |
| Management And General | 27586 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| LICENSING FEES | 26635 | 5327 | 21308 |
| PROGRAM MENTORING | 15044 | 15044 | |
| OFFICE EXPENSES | 8374 | 8374 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4941 | Total |
| Program Services | 3054 | ProgramServices |
| Management And General | 1887 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 507018 | Total |
| Program Services | 379560 | ProgramServices |
| Management And General | 127458 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 373405 | BOY |
| EOY | 233743 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 92485 | BOY |
| EOY | 92485 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 80844 | BOY |
| EOY | 75791 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 706582 | BOY |
| EOY | 985763 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1253316 | BOY |
| EOY | 1387782 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14661 | BOY |
| EOY | 28455 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47599 | BOY |
| EOY | 25832 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15000 | BOY |
| EOY | 56250 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77260 | BOY |
| EOY | 110537 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1083571 | BOY |
| EOY | 1184760 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 92485 | BOY |
| EOY | 92485 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1176056 | BOY |
| EOY | 1277245 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1253316 | BOY |
| EOY | 1387782 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 96266 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 4923 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 443970 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 307698 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 439229 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 206982 | CurrentTaxYearMinus1Year |
| Current Tax Year | 283750 | CurrentTaxYear |
| Total | 1681629 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 443970 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 307698 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 439229 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 206982 | CurrentTaxYearMinus1Year |
| Current Tax Year | 283750 | CurrentTaxYear |
| Total | 1681629 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 224782 | AmountsSubstContributorsTotal |
| Public Support Total170 | 1456847 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 38811 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 19449 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 21728 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 25606 | CurrentTaxYearMinus1Year |
| Current Tax Year | 31019 | CurrentTaxYear |
| Total | 136613 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 1818242 | TotalSupport |
| Gross Receipts From Admissions Etc | 727854 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.80120 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.82890 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| MUTUAL FUNDS & COMMON STOCK | 484300 | F |
| U.S. CORPORATE BONDS | 501463 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 985763 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ACHIEVEMENT AWARD - LONG TERM PAYABLE | Description |
| Amount | $56,250 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 56250 | TotalOfAmounts |
| Total Revenue | 603284 | TotalRevenue |
| Total Expenses | 507018 | TotalExpenses |
| Excess Or Deficit For Year | 96266 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 4923 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 4923 | TotalAdjustments |
| Excess Or Deficit Per FS | 101189 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 2459236 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 4923 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 1784872 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 66157 | OtherRevenues |
| Revenue Not Rptd F990 | 1855952 | RevenueNotRptdF990 |
| Revenue Subtotal | 603284 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 603284 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 2358047 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 1784872 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 66157 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 1851029 | ExpensesNotRptdF990 |
| Expenses Subtotal | 507018 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 507018 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE FOLLOWING REPRESENTS THE FIN 48 FOOTNOTE DISCLOSURE INCLUDED IN THE COMPANY'S AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED JUNE 30, 2012. OTHER SIGNIFICANT TAX POSITIONS INCLUDE ITS DETERMINATION OF WHETHER ANY AMOUNTS ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO ACTIVITIES SUBJECT TO UBIT IN THE YEARS ENDED JUNE 30, 2012 OR 2011. ALL SIGNIFICANT TAX POSITIONS HAVE BEEN CONSIDERED BY MANAGEMENT AND IT HAS BEEN DETERMINED THAT ALL TAX POSITIONS WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION IS REQUIRED TO FILE FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX), WHICH IS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF THE TAX RETURN. THE FORMS 990 FOR 2009 THROUGH 2011 ARE OPEN TO EXAMINATION BY THE IRS AS OF JUNE 30, 2012 |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | DIRECT FUNDRAISING EXPENSES 66,157. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | DIRECT FUNDRAISING EXPENSES 66,157. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | ANNUAL SOIREE | NameOfEvent1 |
| Gross Receipts Event1 | 257446 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 205956 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 51490 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 4025 | CashPrizesEvent1 |
| Non Cash Prizes Event1 | 9280 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 11852 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 25706 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 4000 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 7474 | OtherDirectExpensesEvent1 |
| Name Of Event2 | FUNDRAISER | NameOfEvent2 |
| Gross Receipts Event2 | 95226 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 83905 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 11321 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 3820 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 352672 | GrossReceiptsTotal |
| Charitable Contributions Total | 289861 | CharitableContributionsTotal |
| Gross Revenue Total Events | 62811 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 4025 | CashPrizesTotalEvents |
| Non Cash Prizes Total Events | 9280 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 11852 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 25706 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 4000 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 11294 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 66157 | DirectExpenseSummaryEvents |
| Net Income Summary | -3346 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)
| Type Of GrantTypeOfGrant | Amount Of Cash GrantAmountOfCashGrant |
|---|---|
| SOPHOMORE SCHOLARSHIPS FOR SUMMER STUDY WHICH INCLUDES TRAVEL EXPENSES. | 58325 |
| JUNIOR SCHOLARSHIPS WHICH INCLUDES SUMMER STUDY AND RELATED TRAVEL EXPENSES. | 92154 |
| SENIOR SCHOLARSHIPS WHICH INCLUDES SUMMER STUDY GRANTS AND ASSOCIATES TRAVEL EXPENSES. | 94263 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE BOARD APPROVES AND MONITORS ALL GRANTS AND ASSISTANCE TO LOW INCOME HIGH SCHOOL STUDENTS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | SHARI AND BRENT ASHTON ARE RELATED BY MARRIAGE. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE 990 RETURN IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING THE RETURN | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD MONITORS CONFLICTS BY REVIEWING ANY DIRECT RELATIONSHIP THAT MAY GIVE RISE TO A CONFLICT TO ANY OF THE BOARD MEMBERS AND OR ANY OTHER INDIVIDUALS HAVING INFLUENCE OVER THE BOARD. INDIVIDUALS MUST DECLARE ANY POTENTIAL CONFLICT IN WRITING TO THE BOARD. | |
| FORM 990, PART VI, SECTION B, LINE 15A | THE ORGANIZATION SHARES EMPLOYEES WITH MINDS MATTER, INC.. THE COMPENSATION PROCESS IS CONDUCTED BY THE RELATED ORGANIZATION. | |
| FORM 990, PART VI, SECTION C, LINE 19 | FORM 990, PART VI, SECTION C, LINE 19: THE FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE KEPT AT THE ORGANIZATION'S LOCATION AND CAN BE VIEWED BY ANY INQUIRING PARTY DURING NORMAL OFFICE HOURS. HARD COPIES ARE AVAILABLE UPON REQUEST. THE FORM 990 IS AVAILABLE ON GUIDESTAR.ORG. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 4,923. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XI, LINE 2C | THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. FOR FISCAL YEAR 2012, THE ORGANIZATION CHANGED ITS SELECTION OF AN INDEPENDENT ACCOUNTANT. | AUDIT RESPONSBILITY |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MINDS MATTER NATIONAL INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1120 AVE OF THE AMERICAS | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10036 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133688434 | EIN |
| Primary Activities | EDUCATION | PrimaryActivities |
| Legal Domicile State | NY | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | LINE 7 | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MINDS MATTER NATIONAL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | N | TransactionType |
| Amount Involved | 75791 | AmountInvolved |
| Method Of Amt Determination | COST | MethodOfAmtDetermination |
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