Minds Matter Of Portland Inc

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

EIN: 861166255 ✦ Portland, OR ✦ Designated as a 501(c)(3)

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Overview

What is Minds Matter Of Portland Inc?

Minds Matter of Portland Inc is a nonprofit organization, based in Portland, Oregon, dedicated to empowering high school sophomores and juniors from low-income families by broadening their aspirations and preparing them for college success. Their program offers rigorous academic support, mentorship, and various workshops to help students secure admission into competitive summer college preparatory programs, both domestically and internationally. Through a thorough and competitive application process, selected students are provided with personalized assistance in selecting programs, application preparation, financial aid paperwork, and test preparation. Minds Matter also offers writing and critical thinking programs to enhance students' skills and understanding of current events. Successful juniors are invited to join the senior program, which guides them through the entire college application process, including college selection, essay writing, and financial aid negotiations. Minds Matter provides financial assistance to supplement tuition awards and offers a stipend to graduates who complete the senior program. The organization's mission is to transform the lives of these accomplished high school students, ensuring they can seize the opportunities of a four-year university education.


Official website here: www.mindsmatterportland.org

Is Minds Matter Of Portland Inc legitimate?

Minds Matter Of Portland Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minds Matter Of Portland 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: $70,740
Professional Fundraising Fees: $0
Other Salaries and Wages: $83,693

For more financial information, click here


Official website here: www.mindsmatterportland.org

What is the mission statement of Minds Matter Of Portland Inc?

Minds Matter of Portland Inc's mission is to significantly impact the lives of high-achieving students from low-income families, expanding their aspirations and preparing them for college success. The organization aims to provide these students with the necessary tools to secure admission into four-year universities and navigate the financial aid process. Through a rigorous application process, mentoring, and various programs, such as summer college preparatory programs, test prep, and writing and critical thinking workshops, Minds Matter empowers students with academic skills, time management, and a broader perspective. The organization provides financial assistance to supplement awarded financial aid packages and offers guidance throughout the college application process, including college selection, essay writing, and interviewing. After successful completion of the program, students receive a stipend.


Official website here: www.mindsmatterportland.org

What is the revenue of Minds Matter Of Portland Inc?

Minds Matter Of Portland Inc's revenue in 2024 was $446,972.


Official website here: www.mindsmatterportland.org

Who are the executives of Minds Matter Of Portland Inc and what are their salaries?

The average compensation at Minds Matter Of Portland Inc during 2024 was $77,216. There are 2 employees and 70 volunteers at Minds Matter Of Portland Inc.

Here are 9 key members and their salaries:


Graham Covington (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Wallace (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Becic (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Michael Devaughn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anjene Bryant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Yu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Krismin Bell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reed Harrison (Ed)
  • Compensation: $69,180
  • Related: $0
  • Other: $0


Official website here: www.mindsmatterportland.org

Where can I find the form 990 for Minds Matter Of Portland Inc?

Minds Matter Of Portland Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.mindsmatterportland.org

Learn more at the official website: www.mindsmatterportland.org

Mission Statement of Minds Matter Of Portland Inc

Minds Matter of Portland Inc, a dedicated nonprofit organization, aims to transform the lives of accomplished high school students from low-income families. Their mission is to broaden these students' dreams and prepare them for college success. By equipping them with the necessary tools, they aim to help underprivileged high school students gain acceptance into four-year universities and navigate the financial aid process.

The nonprofit's programs are designed to assist high school sophomores and juniors. They offer a rigorous academic curriculum, empowering students with a sense of independence, improving time management skills, fostering new friendships, and providing a fresh perspective on the world. Students are selected based on a competitive application process that includes academic credentials, financial criteria, personal essays, and recommendations from teachers and guidance counselors.

Mentors play a significant role in the program, working closely with students throughout the school year. They guide students in selecting summer programs, preparing applications, writing essays, and completing financial aid paperwork. Additionally, students improve their academic skills and test-taking strategies, enhance their writing, logic, and reasoning abilities, and develop presentation skills and an understanding of current events.

After completing the junior program, students are invited to apply for the senior program, which leads them through the entire college application process. The senior program provides training in college selection, essay writing, interviewing, and financial aid, evolving into a comprehensive guide to succeeding in college and beyond. The majority of Minds Matter's senior program students receive generous financial aid packages based on their academic achievements and financial need. In cases where students do not receive adequate financial assistance, the organization helps negotiate more generous awards and determines financial aid options. Minds Matter also provides a stipend to each student who successfully completes the senior program.

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Impact




October, 2024

Minds Matter of Portland Inc profoundly transforms the lives of accomplished high school students from low-income families by broadening their aspirations and equipping them for college success. The organization offers a structured program that guides students through the crucial years of their academic journey, particularly focusing on sophomores and juniors.

By providing rigorous academic training, mentorship, and intensive support throughout the college application process, the program enables students to gain admission to competitive summer college preparatory programs, both domestically and internationally. This experience not only enhances their academic skills but also promotes independence, time management, and the development of meaningful friendships with peers from diverse backgrounds.

The model includes personalized mentorship, where each student is paired with mentors who assist them in selecting programs, crafting essays, and navigating financial aid applications. This mentorship continues as students progress to the senior program, which offers comprehensive guidance through the college application process. From essay writing to career path selection, students receive invaluable preparation to succeed in their higher education journey and beyond.

Ultimately, this initiative has a remarkable success rate, with 100% of graduates gaining acceptance to four-year colleges and universities. By addressing both academic preparedness and financial assistance needs, Minds Matter plays a crucial role in ensuring that talented youth from underprivileged backgrounds can realize their potential and thrive in college environments.




This information is meant to be a general summary of Minds Matter Of Portland 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
$446,972 (2024)
Expenses
$328,744 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $20,413
  • Gross Receipts: $453,456

Assets and Liabilities:

  • Total Assets: $595,242
  • Total Liabilities: $9,821
  • Net Assets: $585,421

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Organization Details

Founding Year

2006

Principal Officer

Sean Wallace

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