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Noble Minds Inc

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

EIN: 461611872 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

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Overview

What is Noble Minds Inc?

Noble Minds Inc, based in New Orleans, Louisiana, is a nonprofit organization dedicated to fostering the academic and personal growth of its students. Their primary goal is to prepare students for admission into and successful completion of high schools of their choice, subsequently leading to a seamless transition into a four-year college or a fulfilling career path. To achieve this, they focus on four key outcomes. Firstly, students will be well-equipped to attend academically rigorous schools. Secondly, they aim to significantly enhance the students' executive functioning skills before they graduate. Thirdly, Noble Minds students will develop effective verbal and written communication skills. Lastly, they strive to make the learning experience itself as satisfying as the outcomes. To achieve these objectives, they provide high-quality instruction and implement effective personal growth strategies. Noble Minds Inc employs a team of 30 individuals committed to shaping the futures of their students.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (74%)

Noble Minds Inc has received a two-star rating from Charity Navigator, indicating that while the organization shows some strengths, there are significant areas that require improvement. Notably, it boasts a fully independent board and has well-documented policies regarding conflict of interest, whistleblower protections, and document retention. The organization also maintains a healthy liabilities to assets ratio, suggesting a stable financial position.

However, there are critical shortcomings reflected in its financial transparency. The charity has not provided any financial statements, which has heavily impacted its overall score in this area. Additionally, the absence of a website listed on its tax form raises concerns about accessibility and public engagement. The program expense ratio is decent, but with the lack of complete financial disclosures, potential donors may find it challenging to assess the organization's effectiveness fully.

Overall, while Noble Minds Inc demonstrates commitment to governance practices, the lack of financial transparency is a notable limitation that could hinder trust and support from the public. Improvements in communication and reporting could enhance its reputation and effectiveness in achieving its mission.


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

Is Noble Minds Inc legitimate?

Noble Minds Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Noble Minds 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: $831,871

For more financial information, click here

What is the mission statement of Noble Minds Inc?

Noble Minds Inc's mission is centered around providing high-quality education and effective personal growth strategies for students. The primary goal is to prepare them for success in the next stage of their educational journey, whether that be high school or further education. The organization aims to equip students with academic rigor, enhancing their executive functioning skills, and improving their verbal and written communication abilities. The ultimate objective is for students to attend top-tier schools and transition smoothly into higher education or successful career paths. The learning experience at Noble Minds is designed to be as satisfying as the knowledge gained itself.

Who is the CEO of Noble Minds Inc?

Patricia Hawley is the Chair of Noble Minds Inc. The CEO's salary of Noble Minds Inc is $121,984 and their total compensation is $121,984.

What is the revenue of Noble Minds Inc?

Noble Minds Inc's revenue in 2022 was $2,006,011.

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

The average compensation at Noble Minds Inc during 2022 was $27,729. There are 30 employees at Noble Minds Inc.


Here are 10 key members and their salaries (Noble Minds Inc's CEO's salary is $121,984 and their total compensation is $121,984):


Vera Triplett (Ceo)
  • Compensation: $121,984
  • Related: $0
  • Other: $0
Naila Campbell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Hall (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Hawley (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Hawley (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Jacobs (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amika Kali (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guyon Lewis (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Purvis (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Underwood (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Noble Minds Inc?

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

Mission Statement of Noble Minds Inc

Noble Minds Inc is dedicated to establishing an educational environment that fosters high-quality instruction and the development of effective personal growth strategies. The organization's mission is to prepare students to successfully transition to the next phase of their educational journey, whether that be high school or a four-year college, or a successful career path.

There are four primary objectives that Noble Minds Inc aims to achieve for its students. Firstly, the students will be well-equipped to attend the most academically rigorous schools in the region. Secondly, the students' executive functioning skills will significantly improve by the time they leave Noble Minds to proceed to high school. Thirdly, the students of Noble Minds Inc will be proficient in communicating effectively, both verbally and in writing, with their peers and adults. This skill will enable them to express emotions, seek information, share information, build relationships, and develop their own thinking. Lastly, the learning experience at Noble Minds Inc will be as satisfying as the learning itself.

In essence, Noble Minds Inc is committed to empowering its students with the necessary tools to succeed in their future academic pursuits and professional lives. The organization strives to create an environment that encourages personal growth and effective communication, ultimately leading to the students' acceptance into and graduation from high schools of their choice, and a smooth transition into further education or a successful career path.

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Impact




July, 2024

Noble Minds Inc's impact lies in its dedication to providing high-quality instruction and effective personal growth strategies to prepare students for success in their educational journey. By focusing on key outcomes such as readiness for academically rigorous schools, improved executive functioning skills, enhanced communication abilities, and fostering a love for learning, Noble Minds Inc plays a crucial role in guiding students towards acceptance into top high schools, graduation, and successful transitions to college or career paths. This organization's work in New Orleans, LA, is not only shaping students academically but also nurturing their personal development and future prospects.




This information is meant to be a general summary of Noble 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
$2,006,011 (2022)
Expenses
$1,892,064 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,513,800
  • Gross Receipts: $2,006,011

Assets and Liabilities:

  • Total Assets: $685,118
  • Total Liabilities: $109,671
  • Net Assets: $575,447

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MINIMUM FOUNDATION PROGRAM

Revenue

$1,513,800

Organization Details

Principal Officer

Patricia Hawley

Main Address

5918 CHATMAN DRIVE, NEW ORLEANS, LA, 70122

NTEE Category

Code: B29 - Education

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