nonprofit logo

Great Minds

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

EIN: 260876000 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Great Minds?

Great Minds is a Washington, D.C. based non-profit organization committed to ensuring that all students, including those with dyslexia, have access to a high-quality, content-rich education. The mission of Great Minds is to enhance literacy for children and adults, with a particular focus on supporting individuals with dyslexia. This nonprofit is dedicated to improving educational opportunities for a wide range of learners.


Official website here: www.theibisgroup.org

Is Great Minds legitimate?

Great Minds is a legitimate nonprofit organization registered as a 501(c)(3) entity. Great 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.

Here are some key statistics you may want to consider:

Executive Compensation: $64,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $328,387

For more financial information, click here


Official website here: www.theibisgroup.org

What is the mission statement of Great Minds?

Great Minds is a non-profit organization committed to enhancing literacy for children and adults, with a particular focus on supporting individuals with dyslexia. In pursuit of this mission, the organization strives to provide effective educational resources to help learners overcome reading challenges and thrive academically. Through its initiatives, Great Minds aims to create equitable opportunities for all individuals to develop strong literacy skills and reach their full potential. The organization's efforts are dedicated to making a significant difference in the lives of those struggling with dyslexia, ensuring they have the necessary tools and support to succeed. By focusing on literacy, Great Minds lays the groundwork for a more inclusive and empowered society.


Official website here: www.theibisgroup.org

Who is the CEO of Great Minds?

Chi Kim is the Trustee, Chair of Great Minds.


Official website here: www.theibisgroup.org

What is the revenue of Great Minds?

Great Minds's revenue in 2022 was $42,838,571.


Official website here: www.theibisgroup.org

Who are the executives of Great Minds and what are their salaries?

The average compensation at Great Minds during 2022 was $98,097. There are 4 employees and 4 volunteers at Great Minds.

Here are 8 key members and their salaries:

    Lynne Munson (Former Trustee/Executive Director)
  • Compensation: $0
  • Related: $2,371,217
  • Other: $40,493

    • Jason Griffiths (Trustee, Exec Director)
  • Compensation: $64,000
  • Related: $542,500
  • Other: $0

    • Steven Shadel (Sr. Director Thru 6/15/2022)
  • Compensation: $120,687
  • Related: $85,446
  • Other: $34,818

    • Maria Neira (Trustee, Secretary)
  • Compensation: $0
  • Related: $48,462
  • Other: $0

    • Chi Kim (Trustee, Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Tanton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sally Shaywitz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Pianta (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.theibisgroup.org

    Where can I find the form 990 for Great Minds?

    The Great Minds’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.theibisgroup.org

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

    Mission Statement of Great Minds

    Great Minds, a dedicated non-profit organization, is committed to enhancing literacy skills for children and adults, with a particular focus on supporting individuals with dyslexia. This mission is geared towards ensuring that every student, regardless of their circumstances, has access to a well-rounded education.

    At the heart of Great Minds' mission lies the belief that literacy is a fundamental key to unlocking opportunities and success in life. By providing targeted support for those with dyslexia, the organization aims to level the playing field and ensure that no student is left behind. Through innovative and effective methods, Great Minds strives to improve literacy rates for a wide range of individuals, enabling them to reach their full potential.

    Great Minds goes beyond just offering academic support. They are dedicated to fostering a learning environment that is inclusive, supportive, and accessible to all. By focusing on the unique needs of students with dyslexia, they help to build their confidence and self-esteem, allowing them to thrive both in and out of the classroom. In essence, Great Minds is a beacon of hope for those who may face challenges in their literacy journey, providing them with the tools and resources they need to succeed.

    Impact

    This information is meant to be a general summary of Great Minds. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Great Minds is devoted to improving literacy for children and adults, with a strong focus on supporting those with dyslexia. Its impact can be seen in the significant strides made towards ensuring that all students, regardless of their circumstances, receive a content-rich education. By addressing the specific needs of individuals with dyslexia and providing tailored support, Great Minds is helping to empower these individuals to overcome challenges and achieve literacy success. Through its targeted efforts, Great Minds is contributing to a more inclusive and supportive educational landscape for those with dyslexia, ultimately fostering greater literacy outcomes for a broader range of individuals.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $42,838,571
  • Program Service Revenue: $0
  • Gross Receipts: $57,008,104

    • Assets and Liabilities:
  • Total Assets: $145,205,588
  • Total Liabilities: $1,061,901
  • Net Assets: $144,143,687
  • Organization Details

    Founding Year

    2007

    Principal Officer

    Chi Kim

    Main Address

    55 M STREET SE 340, WASHINGTON, DC, 20003

    NTEE Category

    Code: B90 - Education

    If you are a representative of Great Minds and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.