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Inspiring Minds of New York City Inc

Brooklyn, NY · EIN 352646735 · Form 990 · FY2024 · NTEE O50 · Youth Development · Medium ($1M-$10M)
revenue
$1.8M
expenses
$1.3M
net assets
$2.1M
employees
7
volunteers
12
program ratio
93%
mission · from form 990

TO ENGAGE INSPIRE AND EMPOWER YOUTH TO REACH THEIR FULL POTENTIAL THROUGH EDUCATION AND EXPOSURE TO LIFE CHANGING EXPERIENCES.

profile · synthesized from sources

Inspiring Minds of New York City Inc engages, inspires, and empowers youth to reach their full potential through education and exposure to life-changing experiences. The organization focuses on youth development programming in Brooklyn, New York. Its activities are designed to support personal growth and educational advancement among young people.

named programs · 1 · from sources

What they call their work

Youth Development Program
Provides educational support and life-changing experiences to empower youth in Brooklyn, NY
activities · 1 group

What they do

financials · form 990 · fy2024
revenue
Total revenue$1.84M
Contributions & grants$1.84M100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$1.31M
Program expenses93%
Admin / overhead7%
Fundraising0%
Salaries & benefits$378K
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$2.26M
Cash$892K
Investments$0
Liabilities$133K
Net assets$2.13M
Liquid reserves8.2 mo
3 years on record · 2022–2024 · YoY revenue +4.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
Katrena Perou Executive Dir. 40 $87K
board members · 9
  • Duane Kinnon — Director
  • Jordan Weiss — Director
  • Marquitta Speller — Director
  • Nicole Anaejinou — Director
  • Renee K Smith — Co-Chairmain
  • Sharleen Morris — Chairman
  • Sheridan Jack-Brown — Director
  • Suhui Won — Director
  • Tabari Bomani — Secretary
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Education and Experiential Development
    methodology: education-and-experiential-development
    By combining education with transformative experiences, youth are empowered to reach their full potential because experiential learning deepens engagement and personal growth.