Overview

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Est.

2019

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Inspiring Minds of New York City Inc is a nonprofit organization dedicated to youth organizing, with a mission to engage, inspire, and empower young individuals to reach their full potential through education and transformative experiences. Operating with a budget of $1.7 million and generating total revenue of $2.2 million in 2024, the organization does not rely on a single funder for more than 50% of its revenue. For more information, visit their website at imyouth.org/inspiring-minds-nyc.

Mission Statement

TO ENGAGE INSPIRE AND EMPOWER YOUTH TO REACH THEIR FULL POTENTIAL THROUGH EDUCATION AND EXPOSURE TO LIFE CHANGING EXPERIENCES.
Revenues
$2.2M
Expenses
$1.7M
Net Income:
+$548.5K
Assets
$1.7M
Liabilities
$113.3K
Net Assets:
+$1.6M
Operating Budget
$1.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$5K
Largest grant received
$73K
K
Katrena Perou
Board Member
R
Renee K Smith
Board Member
S
Sharleen Morris
Board Member

Frequently Asked Questions

What is Inspiring Minds of New York City Inc’s budget?
In 2024, Inspiring Minds of New York City Inc reported an annual operating budget of around $1.7 million. More detailed financial information is available to registered users.
What causes does Inspiring Minds of New York City Inc support?
Inspiring Minds of New York City Inc supports work in Youth organizing.
Where does Inspiring Minds of New York City Inc operate?
Inspiring Minds of New York City Inc is headquartered in Brooklyn, NY.
Who funded Inspiring Minds of New York City Inc recently?
In 2024, Inspiring Minds of New York City Inc received grants from SPARKYOUTH NYC INC, MOORE IMPACT INC, and THE IMAGINE AWARDS INC C/O CERINI & ASSOCIATES LLP. More information on this organization’s funders is available to registered users.
What is the largest grant Inspiring Minds of New York City Inc received in 2024?
The largest grant to Inspiring Minds of New York City Inc in 2024 exceeds $73 thousand.
What is Inspiring Minds of New York City Inc’s reliance on government grants?
Inspiring Minds of New York City Inc relied on government grants for more than 80% of their total revenue in 2024.