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Project Healthy Minds

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

EIN: 823616589 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Project Healthy Minds?

Project Healthy Minds is a novel nonprofit organization, primarily appealing to the millennial and Gen Z generations, situated in New York, New York. Their primary focus is addressing the burgeoning mental health crisis, aiming to bridge the treatment gap. In 2022, they made significant strides, including launching a second generation of their Digital Discovery Platform, which was utilized by over 192,000 individuals seeking mental health services. They also initiated public anti-stigma campaigns by collaborating with celebrities to share their personal mental health stories. Furthermore, Project Healthy Minds developed and introduced a corporate mental health training program, and expanded its youth mental health research program in collaboration with its scientific advisors.


Official website here: www.projecthealthyminds.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 48% (Zero-Star out of Four Stars)

Project Healthy Minds has received a Zero-Star rating due to a low overall score of 48%. While the organization scores well in areas such as board independence and financial oversight, it struggles significantly with financial performance metrics. The program expense ratio stands at only 30.84%, indicating that a minimal portion of its expenses is directed towards its programs, which is a critical factor for assessing nonprofit effectiveness.

The organization has a strong governance structure, exemplified by having 94% of its board members being independent and a well-formed audit committee. However, there are notable gaps in its operational policies, particularly the absence of a whistleblower policy and document retention protocols, which raises concerns about transparency and accountability.

Furthermore, the absence of key financial documents on its website and a concerning liabilities to assets ratio of 0.14% highlight potential financial stability issues. The salary of the president is also relatively high at $126,042, which could affect public perception regarding the allocation of funds. Overall, while there are strengths in governance, significant areas for improvement remain.


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

Is Project Healthy Minds legitimate?

Project Healthy Minds is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Healthy Minds 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: $126,042
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,683

For more financial information, click here


Official website here: www.projecthealthyminds.com

What is the mission statement of Project Healthy Minds?

Project Healthy Minds, a millennial and Gen Z-driven non-profit organization, is committed to addressing the growing mental health crisis. Their mission is centered around closing the mental health treatment gap. The organization has made significant strides in 2022, including the release of a second generation digital discovery platform, which was utilized by over 192,000 individuals to locate mental health services. Project Healthy Minds also initiated public anti-stigma campaigns by collaborating with celebrities, allowing them to share their personal mental health experiences publicly. Furthermore, the organization developed and introduced its corporate mental health training program and expanded its youth mental health research program, working closely with its scientific advisors.


Official website here: www.projecthealthyminds.com

Who is the CEO of Project Healthy Minds?

Alexander Jilla is the Director of Project Healthy Minds.


Official website here: www.projecthealthyminds.com

What is the revenue of Project Healthy Minds?

Project Healthy Minds's revenue in 2022 was $704,882.


Official website here: www.projecthealthyminds.com

Who are the executives of Project Healthy Minds and what are their salaries?

The average compensation at Project Healthy Minds during 2022 was $81,362. There are 2 employees and 35 volunteers at Project Healthy Minds.


Here are 18 key members and their salaries:


Aaron Dworkin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Sekel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Offutt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carson Daly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Zarou (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Barry Herman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Suku Nagendran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqui Canney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Licht (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Stone Pritzker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kassan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Yates (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Galanski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tera Hanks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Schermer (President)
  • Compensation: $126,042
  • Related: $0
  • Other: $0
Bill Kolb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kalen Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Yabuki (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.projecthealthyminds.com

Where can I find the form 990 for Project Healthy Minds?

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


Official website here: www.projecthealthyminds.com

Learn more at the official website: www.projecthealthyminds.com

Mission Statement of Project Healthy Minds

Project Healthy Minds, a millennial and Gen Z-driven non-profit startup, is committed to addressing one of the pressing issues of our time: the growing mental health crisis. This organization's mission is to bridge the gap in mental health treatment, recognizing its significance in the current generation's well-being.

Project Healthy Minds has made significant strides in its mission during 2022. One of its notable achievements includes the development and release of a second generation of its digital discovery platform. This tool has been instrumental in connecting over 192,761 individuals with necessary mental health services.

Furthermore, Project Healthy Minds has initiated public anti-stigma campaigns, collaborating with celebrities to publicly share their personal mental health stories. This initiative aims to break down the barriers surrounding mental health discussions and promote understanding and empathy. Additionally, Project Healthy Minds has developed and launched a corporate mental health training program, contributing to the overall mental well-being of employees in various organizations.

Moreover, Project Healthy Minds has expanded its youth mental health research program, working closely with its scientific advisors. This commitment to research is crucial in gaining a deeper understanding of mental health issues, which in turn, can inform more effective treatment strategies and interventions.

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Impact




July, 2024

Project Healthy Minds has made a significant impact in closing the mental health treatment gap. In 2022, the organization built and released a second-generation version of its digital discovery platform, which was used by 192,761 people to find mental health services. Additionally, they initiated public anti-stigma campaigns in partnership with celebrities sharing their mental health stories, launched a corporate mental health training program, and expanded their youth mental health research program with scientific advisors. Their efforts have contributed to raising awareness, providing resources, and promoting mental health support for those in need.




This information is meant to be a general summary of Project Healthy Minds. 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
$704,882 (2022)
Expenses
$372,680 (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: $11,500
  • Gross Receipts: $704,882

Assets and Liabilities:

  • Total Assets: $3,282,709
  • Total Liabilities: $4,815
  • Net Assets: $3,277,894

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Programs

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

TRAINING SESSIONS

Revenue

$11,500

Organization Details

Founding Year

2017

Principal Officer

Alexander Jilla

Main Address

PO BOX 8073, NEW YORK, NY, 10116

NTEE Category

Code: A20 - Arts

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