Overview
What is Minds Matter Of Los Angeles Inc?
Minds Matter of Los Angeles Inc is a nonprofit organization situated in Porter Ranch, California. Their primary mission is to uplift accomplished high school students hailing from low-income families in Los Angeles. By offering various programs, they aim to expand their mentees' horizons and prepare them for academic success in college and beyond. The nonprofit provides financial assistance for college summer programs for 25 sophomores, 23 juniors, and 21 high school seniors through their Sophomore, Junior, and Senior Programs, respectively. Additionally, they extend scholarship assistance to their alumni through the Volunteer Program and Other Programs. With a small staff of four individuals, Minds Matter of Los Angeles Inc plays a significant role in empowering underprivileged students, fostering their aspirations, and shaping their futures.
Official website here: www.mindsmatterla.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Stars)
Minds Matter of Los Angeles, with a strong rating of 93%, demonstrates excellent accountability and financial management, evidenced by a 92% score in this area. The organization boasts a majority independent board and maintains a low liabilities-to-assets ratio, suggesting a solid financial foundation. Their program expense ratio stands at an impressive 75.58%, indicating a substantial investment in their programs over administrative costs.
User feedback highlights the organization's profound impact on low-income students, with volunteers expressing deep satisfaction with the supportive community fostered by Minds Matter. Alumni statistics reveal that 100% of students have been accepted to four-year universities, and 94% graduate within four years, far exceeding national averages for low-income students. The culture and community score of 91% reflects the organization's commitment to inclusivity and responsiveness to constituent needs.
However, while the organization excels in many areas, there's a noted absence of a whistleblower policy, which resulted in a score of zero for that specific criterion. Despite this limitation, the overwhelmingly positive reviews from volunteers and the strong performance in leadership and adaptability underscore Minds Matter's valuable role in empowering students and enhancing educational opportunities for underrepresented youth in Los Angeles.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Minds Matter Of Los Angeles Inc legitimate?
Minds Matter Of Los Angeles Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minds Matter Of Los Angeles 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: $133,109
Professional Fundraising Fees: $0
Other Salaries and Wages: $117,033
For more financial information, click here
Official website here: www.mindsmatterla.org
What is the mission statement of Minds Matter Of Los Angeles Inc?
Minds Matter of Los Angeles Inc. is committed to transforming the lives of accomplished high school students from low-income families. Their mission is to expand these students' aspirations and prepare them for success in higher education and beyond. They achieve this by funding summer college programs for sophomores, juniors, and seniors, as well as providing scholarship assistance to their alumni. The organization's activities aim to equip these students with the necessary tools to excel academically and personally, thereby ensuring a promising future.
Official website here: www.mindsmatterla.org
Who is the CEO of Minds Matter Of Los Angeles Inc?
Christine Admans is the Principal Officer of Minds Matter Of Los Angeles Inc. The CEO's salary of Minds Matter Of Los Angeles Inc is $130,221 and their total compensation is $130,221.
Official website here: www.mindsmatterla.org
What is the revenue of Minds Matter Of Los Angeles Inc?
Minds Matter Of Los Angeles Inc's revenue in 2022 was $790,388.
Official website here: www.mindsmatterla.org
Who are the executives of Minds Matter Of Los Angeles Inc and what are their salaries?
The average compensation at Minds Matter Of Los Angeles Inc during 2022 was $62,536. There are 4 employees and 225 volunteers at Minds Matter Of Los Angeles Inc.
Here are 13 key members and their salaries (Minds Matter Of Los Angeles Inc's CEO's salary is $130,221 and their total compensation is $130,221):
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Official website here: www.mindsmatterla.org
Where can I find the form 990 for Minds Matter Of Los Angeles Inc?
Minds Matter Of Los Angeles Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mindsmatterla.org
Learn more at the official website: www.mindsmatterla.org
Mission Statement of Minds Matter Of Los Angeles Inc
Minds Matter of Los Angeles Inc is an organization dedicated to transforming the lives of accomplished high school students from low-income families in the city. Their mission is to broaden the dreams and prepare these students for success in college and beyond. They achieve this through various programs.
The Sophomore Program is one such initiative, where they fund the college summer program costs for 25 low-income high school sophomores. Similarly, the Junior Program assists 23 low-income high school juniors with their college summer program expenses. For the senior students, Minds Matter of Los Angeles Inc provides stipends to 21 high school seniors, helping them navigate their final year of high school and prepare for college.
Furthermore, Minds Matter of Los Angeles Inc has a volunteer program and other initiatives. Through these, they offer scholarship assistance to their alumni, continuing their support even after the students have graduated from high school. This holistic approach ensures that the students not only have the financial means to pursue their dreams but also the necessary guidance and support to succeed in their academic and personal lives.
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Impact
October, 2024
Minds Matter of Los Angeles Inc. plays a crucial role in shaping the futures of accomplished high school students from low-income families in the Los Angeles area. By broadening their aspirations and equipping them with the tools necessary for success in college and life, the organization significantly impacts not just the students themselves but their communities as well.
The program's initiatives, including funding college summer programs for students, provide transformative experiences that enhance college readiness and foster personal growth. For instance, 25 sophomores and 23 juniors benefit from these enriching opportunities, which help them navigate their educational journeys with greater confidence and awareness of their potential. The support extends beyond high school, with stipends for 21 seniors and scholarship assistance for alumni, ensuring that students have continued resources as they pursue higher education.
By focusing on youth development, Minds Matter of Los Angeles Inc. helps break down economic barriers, instilling a sense of hope and ambition among participants. This not only prepares them for academic success but also empowers them to inspire future generations, creating a ripple effect of positive change within their communities.
This information is meant to be a general summary of Minds Matter Of Los Angeles 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $344
- Gross Receipts: $790,388
Assets and Liabilities:
- Total Assets: $772,931
- Total Liabilities: $31,448
- Net Assets: $741,483
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Organization Details
Founding Year
2010
Phone
(213) 683-2437Principal Officer
Christine Admans
Main Address
19360 Rinaldi Street Suite 705, Porter Ranch, CA, 91326
Website
www.mindsmatterla.orgNTEE Category
Code: O50 - Youth development
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