Overview
What is Minders Inc?
Minders Inc, located at 7425 Forbes Blvd STE 202, Lanham, MD 20706, is a nonprofit organization dedicated to empowering individuals with disabilities by integrating them into the broader community. They achieve this by offering various support services to both the individuals and their families. Their mission encompasses tutoring, workforce development, therapeutic activities, counseling, education, recreational, and enrichment activities, aiming to nurture and empower people with or without disabilities. Minders Inc operates under the name Minders Connect, signifying their commitment to connecting individuals with the resources they need to thrive.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Minders Inc has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 72%. The organization demonstrates strong accountability and finance practices in some areas, including having 100% independent board members and a solid program expense ratio of 100%. They have also implemented policies such as conflict of interest, whistleblower, and document retention, showing a commitment to transparency and ethical governance.
However, the organization faces significant weaknesses, particularly in its financial reporting. Minders Inc has not provided financial statements, which has heavily impacted its score in that category. Additionally, their website is not listed on the tax form, and they have not posted their tax form on their website, further limiting transparency. The lack of these essential documents raises concerns about the organization's financial oversight.
Overall, while Minders Inc shows promise in governance and program expenses, the lack of financial transparency and reporting significantly detracts from its rating. Addressing these issues could enhance its standing and foster greater trust among potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Minders Inc legitimate?
Minders Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minders 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $354,984
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What is the mission statement of Minders Inc?
Minders Inc's mission is centered around nurturing and empowering individuals, both with and without disabilities. They achieve this through various means, including tutoring, workforce development, therapeutic activities, counseling, education, recreational, and enrichment activities. The organization's goal is to help individuals with disabilities integrate into the larger community by providing them with the necessary support and resources. By doing so, Minders Inc aims to create an inclusive environment where everyone can thrive. They offer a range of services, such as counseling and education, to equip individuals with the skills they need to succeed. Additionally, they provide therapeutic activities to help improve the overall well-being of their clients.
Who is the CEO of Minders Inc?
Olasumbo Adeyemo is the President of Minders Inc.
What is the revenue of Minders Inc?
Minders Inc's revenue in 2022 was $1,065,685.
Who are the executives of Minders Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Minders Inc?
Minders Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Minders Inc
Minders Inc, a nonprofit organization, is committed to fostering and empowering individuals with or without disabilities. Their mission is to achieve this through various initiatives such as tutoring, workforce development, therapeutic activities, counseling, education, recreational, and enrichment activities. By providing these support services, Minders Inc aims to integrate individuals with disabilities into the broader community. The organization's goal is to empower these individuals, enabling them to lead fulfilling lives and become active members of society.
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Impact
July, 2024
Minders Inc's impact is significant in nurturing and empowering individuals with or without disabilities. They provide a range of services including tutoring, workforce development, therapeutic activities, counseling, education, recreational, and enrichment activities. By empowering individuals with disabilities to integrate into the larger community, Minders Inc not only supports them but also positively impacts their families. Located in Lanham, MD, Minders Inc's mission is focused on fostering inclusivity and independence among all persons they serve. Their human services efforts have a direct and tangible impact on improving the lives of individuals in their community.
This information is meant to be a general summary of Minders 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.
- Program Service Revenue: $1,065,685
- Gross Receipts: $1,065,685
Assets and Liabilities:
- Total Assets: $96,319
- Total Liabilities: $0
- Net Assets: $96,319
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$1,065,685
Organization Details
Founding Year
2012
Principal Officer
Olasumbo Adeyemo
Main Address
7425 FORBES BLVD STE 202, Lanham, MD, 20706
NTEE Category
Code: P20 - Human services
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