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Platinum Minds Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208826409 ✦ Chester, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Platinum Minds Inc?

Platinum Minds Inc is a nonprofit organization that focuses on empowering boys from urban areas by offering them educational opportunities and leadership development programs. Their mission is to help disadvantaged youth reach their full potential, boasting an impressive 97% high school graduation rate. Many of these scholars continue their education, securing scholarships, financial aid, and even excelling in sports. The organization's dedication extends beyond academic success, providing valuable resources and guidance to support their scholars throughout their journeys.


Official website here: www.platinumminds.org/

Is Platinum Minds Inc legitimate?

Platinum Minds Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Platinum Minds Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.platinumminds.org/

What is the mission statement of Platinum Minds Inc?

Platinum Minds Inc, an organization, is dedicated to aiding urban youth who face disadvantages. Its mission is to offer these young individuals educational opportunities and leadership training. The ultimate goal is to help them realize their full potential. Remarkably, ninety-seven percent of the scholars under their care successfully graduate from high school. Furthermore, many of them proceed to higher education, securing academic, sports, or needs-based scholarships, and financial aid.


Official website here: www.platinumminds.org/

Who is the CEO of Platinum Minds Inc?

Yvette Long is the Executive Director of Platinum Minds Inc.


Official website here: www.platinumminds.org/

What is the revenue of Platinum Minds Inc?

Platinum Minds Inc's revenue in 2022 was $62,730.


Official website here: www.platinumminds.org/

Who are the executives of Platinum Minds Inc and what are their salaries?


Here are 4 key members and their salaries:


Yvette Long (Executive Director)
  • Compensation: $41,395
  • Related: $0
  • Other: $0
Janaka Desilva (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanya Jeffords (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Kirby (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.platinumminds.org/

Where can I find the form 990EZ for Platinum Minds Inc?

Platinum Minds Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.platinumminds.org/

Learn more at the official website: www.platinumminds.org/

Mission Statement of Platinum Minds Inc

Platinum Minds Inc, a nonprofit organization, is dedicated to aiding boys from urban areas in attaining academic success. Their mission is to provide disadvantaged youth with valuable education opportunities and leadership training, thereby enabling them to reach their full potential. The organization's efforts yield impressive results, with an impressive ninety-seven percent of the scholars graduating from high school. Many of these graduates further their education by enrolling in colleges, securing academic, sports, or needs-based scholarships, and obtaining financial aid.

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Impact




August, 2024

Platinum Minds Inc has a significant impact on disadvantaged youth in urban areas by providing them with education opportunities and leadership training. The organization has helped 97% of its scholars graduate high school and has supported many of them in pursuing further education through college, academic scholarships, sports scholarships, and financial aid. By empowering these young boys to reach their highest potential, Platinum Minds Inc is making a tangible difference in their lives and helping to break the cycle of poverty and limited opportunities.




This information is meant to be a general summary of Platinum Minds Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$62,730 (2022)
Expenses
$98,245 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $65,915

Assets and Liabilities:

  • Total Assets: $25,554
  • Total Liabilities: $16,701
  • Net Assets: $8,853

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Organization Details

Principal Officer

Yvette Long

Main Address

95 WEST MAIN ST, CHESTER, NJ, 07930

NTEE Category

Code: O50 - Youth development

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