Overview
What is Minds Matter Of Nyc Inc?
Minds Matter of NYC is a dedicated nonprofit organization situated in New York City, specifically at 1120 Avenue of the Americas, 4th Floor. Their primary mission is to empower underprivileged high school students by expanding their aspirations and preparing them for successful college experiences. Despite the challenges posed by the Covid-19 pandemic, Minds Matter of NYC continued to support its students through remote sessions. Although the intake of a new Sophomore class was postponed until February 2022, the organization managed to graduate its entire senior class into their preferred colleges and universities. With a team of 6 dedicated individuals, Minds Matter of NYC strives to provide opportunities and possibilities for these young minds to shape their futures and contribute positively to society.
Official website here: www.mindsmatternyc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%, Four-Star out of Four Stars
Minds Matter of NYC Inc has achieved a strong 91% rating on Charity Navigator, reflecting its high standards in accountability and finance. The organization boasts a fully independent board, robust financial oversight, and a comprehensive set of policies that promote transparency, such as conflict of interest and whistleblower protections. These factors contribute to the charity's solid financial health, with low liabilities compared to assets and a favorable working capital ratio.
User feedback from Great Nonprofits highlights the impactful mentoring relationships fostered by Minds Matter, with volunteers expressing deep satisfaction in their roles. Testimonials emphasize the transformative effects the program has on resource-poor students and their families, showcasing the organization's dedication to supporting educational advancement. This personal engagement from mentors often leads to long-term commitments and contributions to the organization.
While the organization appears to be excelling in both governance and operational effectiveness, the ratings do not provide specific insights into program outcomes or long-term impact beyond personal narratives. However, the positive experiences shared by participants indicate a strong foundation for continued growth and success in its mission to empower students through mentorship.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Minds Matter Of Nyc Inc legitimate?
Minds Matter Of Nyc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minds Matter Of Nyc 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: $174,049
Professional Fundraising Fees: $0
Other Salaries and Wages: $775,208
For more financial information, click here
Official website here: www.mindsmatternyc.org
What is the mission statement of Minds Matter Of Nyc Inc?
Minds Matter of NYC, an organization, is committed to transforming the lives of high-achieving students from low-income families. By establishing connections with supportive individuals and providing necessary resources, the organization helps these students to aspire for college success and build a promising future. During the Covid-19 pandemic, Minds Matter of NYC continued to serve its students, offering remote sessions for the Junior and Senior classes. Despite the challenges posed by the pandemic, the organization managed to graduate 100% of its senior class into their preferred colleges and universities, demonstrating its unwavering commitment to its mission.
Official website here: www.mindsmatternyc.org
What is the revenue of Minds Matter Of Nyc Inc?
Minds Matter Of Nyc Inc's revenue in 2024 was $2,278,412.
Official website here: www.mindsmatternyc.org
Who are the executives of Minds Matter Of Nyc Inc and what are their salaries?
The average compensation at Minds Matter Of Nyc Inc during 2024 was $67,804. There are 14 employees and 478 volunteers at Minds Matter Of Nyc Inc.
Here are 26 key members and their salaries:
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Official website here: www.mindsmatternyc.org
Where can I find the form 990 for Minds Matter Of Nyc Inc?
Minds Matter Of Nyc Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.mindsmatternyc.org
Learn more at the official website: www.mindsmatternyc.org
Mission Statement of Minds Matter Of Nyc Inc
Minds Matter of NYC, a nonprofit organization, is committed to transforming the lives of high-achieving students from low-income families. Their mission is to expand these students' aspirations and prepare them thoroughly for college success. By connecting these determined individuals with mentors, resources, and opportunities, Minds Matter NYC empowers them to create their future and make a significant impact in the world.
Despite the challenges posed by the Covid-19 pandemic, Minds Matter NYC remained dedicated to serving its under-resourced student community. They provided remote sessions for the Junior and Senior classes throughout the year, ensuring that despite the restrictions, their students continued to receive the support they needed to thrive. Despite the ongoing effects of the pandemic, Minds Matter NYC proudly graduated 100% of its senior class into their chosen colleges and universities, underscoring their commitment to helping these students reach their full potential.
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Impact
October, 2024
Minds Matter Of NYC Inc transforms the lives of accomplished high school students from low-income families by broadening their dreams and preparing them for college success. The organization connects driven students with essential resources, mentorship, and support tailored to their unique challenges and aspirations.
During the Covid-19 pandemic, Minds Matter NYC demonstrated resilience by continuing to engage with under-resourced students through remote sessions. This commitment enabled students in the Junior and Senior classes to receive crucial guidance despite pandemic-related disruptions. The organization managed to adapt its programming, leading to a remarkable achievement: a 100% graduation rate for its senior class, with each student advancing to their best-fit colleges and universities.
By empowering students to envision and pursue higher education, Minds Matter NYC not only impacts individual lives but also contributes to a broader societal shift. These students, once limited by their circumstances, are equipped to create meaningful futures for themselves and, ultimately, change the world around them.
This information is meant to be a general summary of Minds Matter Of Nyc 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 2024.
- Investment Income: $79,591
- Gross Receipts: $2,417,492
Assets and Liabilities:
- Total Assets: $2,473,282
- Total Liabilities: $89,008
- Net Assets: $2,384,274
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Organization Details
Founding Year
1991
Principal Officer
Cosette Gutierrez
Website
www.mindsmatternyc.orgNTEE Category
Code: O50 - Youth development
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