Minds Matter Of Cleveland Ohio Inc

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

EIN: 262155951 ✦ Cleveland, OH ✦ Designated as a 501(c)(3)

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Overview

What is Minds Matter Of Cleveland Ohio Inc?

Minds Matter of Cleveland Ohio Inc is a dedicated nonprofit organization situated in Cleveland, Ohio, with an address at 2515 Jay Avenue 101. Their primary mission is to support high school students from low-income families, enabling them to secure admission to four-year colleges and universities. They accomplish this goal through various means, including offering ACT preparation classes, providing 1:1 mentoring, organizing immersive summer college programs, and offering personalized college advising services. With a small team of two employees, this compassionate organization works tirelessly to help disadvantaged students achieve academic success and open doors to higher education.


Official website here: www.mindsmattercleveland.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90% (Four-Star out of Four Stars)

Minds Matter of Cleveland Ohio Inc has earned a Four-Star rating from Charity Navigator, signifying a strong level of accountability and financial health. With an impressive score of 90 in Accountability & Finance, the organization showcases a well-managed structure, including a fully independent board and no material diversion of assets. This high level of transparency and governance is further supported by a comprehensive conflict of interest policy and publicly available documentation of board meeting minutes.

In terms of community engagement, the nonprofit scored 87 in Culture & Community, reflecting effective practices in gathering and utilizing constituent feedback. The organization excels in feedback collection and usage, achieving perfect scores in these areas, which indicates a strong commitment to listening to and responding to the needs of its community.

However, there are areas where Minds Matter can improve, particularly in its equity strategies. While the overall equity strategies score is respectable at 81, it received lower scores in equity data and policies, suggesting a potential gap in the implementation of thorough equity practices. Addressing these challenges could enhance the nonprofit's effectiveness in serving diverse populations.


This AI summary has been generated from information found on Charity Navigator.

Is Minds Matter Of Cleveland Ohio Inc legitimate?

Minds Matter Of Cleveland Ohio Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minds Matter Of Cleveland Ohio Inc submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $93,657
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mindsmattercleveland.org

What is the mission statement of Minds Matter Of Cleveland Ohio Inc?

Minds Matter of Cleveland, an organization, aims to assist high school students from low-income backgrounds in their journey towards higher education. They achieve this by offering a range of services, including classes, ACT preparation, one-on-one mentoring, immersive summer college programs, and personalized college advisory services. The primary goal is to help these students secure admission into four-year colleges and universities. By doing so, Minds Matter of Cleveland aims to provide these students with an equal opportunity to pursue higher education, thereby broadening their horizons and enhancing their prospects for the future.


Official website here: www.mindsmattercleveland.org

Who is the CEO of Minds Matter Of Cleveland Ohio Inc?

Joel Baxter is the Executive Dir. of Minds Matter Of Cleveland Ohio Inc.


Official website here: www.mindsmattercleveland.org

What is the revenue of Minds Matter Of Cleveland Ohio Inc?

Minds Matter Of Cleveland Ohio Inc's revenue in 2022 was $532,054.


Official website here: www.mindsmattercleveland.org

Who are the executives of Minds Matter Of Cleveland Ohio Inc and what are their salaries?

The average compensation at Minds Matter Of Cleveland Ohio Inc during 2022 was $46,828. There are 2 employees and 75 volunteers at Minds Matter Of Cleveland Ohio Inc.


Here are 9 key members and their salaries:


Sara Elaqad (Executive Dir.)
  • Compensation: $100,891
  • Related: $0
  • Other: $0
Joel Baxter (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Love (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Shelley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Lopick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Losch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chrishawna Cunningham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Best (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Sczcesniak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mindsmattercleveland.org

Where can I find the form 990 for Minds Matter Of Cleveland Ohio Inc?

Minds Matter Of Cleveland Ohio Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mindsmattercleveland.org

Learn more at the official website: www.mindsmattercleveland.org

Mission Statement of Minds Matter Of Cleveland Ohio Inc

Minds Matter of Cleveland, a dedicated nonprofit organization, focuses on assisting high school students from low-income families. Its mission is to equip these students with the necessary skills and resources to secure admission into four-year colleges and universities. Minds Matter of Cleveland achieves this goal through various means.

The organization provides comprehensive support, including ACT preparation classes, one-on-one mentoring, immersive summer college programs, and personalized college advising. By offering these services, Minds Matter of Cleveland aims to level the playing field for students who may lack the financial means or resources often associated with college applications. The nonprofit's ultimate goal is to help these students gain admission to prestigious institutions of higher learning, thereby opening up new opportunities for their future.

In summary, Minds Matter of Cleveland is a beacon of hope for high school students from low-income families. By offering a range of support services, the organization empowers these students to overcome the challenges associated with college applications and secure a place in a four-year university. This, in turn, sets them on a path to a brighter future and a more prosperous life.

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Impact




July, 2024

Minds Matter of Cleveland Ohio Inc's impact is significant in helping high school students from low income families prepare for and gain admission to four-year colleges and universities. Through their classes, ACT prep, 1:1 mentoring, immersive summer college programs, and personalized college advising, Minds Matter of Cleveland is providing valuable resources and support to students who may not have access to such opportunities otherwise. By empowering these students with the tools and guidance they need to succeed academically and navigate the college admissions process, Minds Matter of Cleveland is helping to break down barriers to higher education and create a more equitable future for these individuals.




This information is meant to be a general summary of Minds Matter Of Cleveland Ohio 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
$532,054 (2022)
Expenses
$348,184 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $532,054

Assets and Liabilities:

  • Total Assets: $729,200
  • Total Liabilities: $40,431
  • Net Assets: $688,769

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Organization Details

Founding Year

2008

Principal Officer

Joel Baxter

Main Address

2515 Jay Avenue 101, Cleveland, OH, 44113

NTEE Category

Code: B90 - Education

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