Overview
What is Minds Matter Of Boston Inc?
Minds Matter of Boston Inc is a nonprofit organization based in Boston, Massachusetts. Their primary mission is to empower and support students from low-income families, equipping them with the necessary resources and opportunities to excel in higher education. The organization's activities are centered around connecting these determined students with mentors, educational materials, and financial aid. Notably, 100% of their seniors have secured admission to a four-year college, with 76% gaining entry into prestigious institutions as per Barron's 3+ tiers. Moreover, these students have been awarded substantial financial aid, covering nearly all their financial needs for college. As of current records, the organization boasts a workforce of only four individuals.
Official website here: www.mindsmatterboston.org
Is Minds Matter Of Boston Inc legitimate?
Minds Matter Of Boston Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minds Matter Of Boston 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.
Here are some key statistics you may want to consider:
Executive Compensation: $149,205
Professional Fundraising Fees: $0
Other Salaries and Wages: $252,339
For more financial information, click here
Official website here: www.mindsmatterboston.org
What is the mission statement of Minds Matter Of Boston Inc?
Minds Matter of Boston Inc. aims to connect motivated students from economically disadvantaged backgrounds with the necessary resources, mentorship, and opportunities to excel in higher education, build their future, and make a significant impact. Through their initiatives, they facilitate access to knowledge, support, and prospects that empower these students to secure admission into reputable four-year colleges. Furthermore, Minds Matter Boston has been successful in helping seniors secure substantial financial aid for college, covering a substantial portion of their financial needs. Upon graduation or completion of their studies, a majority of their alumni continue to pursue higher education or have already done so.
Official website here: www.mindsmatterboston.org
Who is the CEO of Minds Matter Of Boston Inc?
Meaghan Mahoney is the Co-Chair of Minds Matter Of Boston Inc.
Official website here: www.mindsmatterboston.org
What is the revenue of Minds Matter Of Boston Inc?
Minds Matter Of Boston Inc's revenue in 2022 was $1,424,440.
Official website here: www.mindsmatterboston.org
Who are the executives of Minds Matter Of Boston Inc and what are their salaries?
The average compensation at Minds Matter Of Boston Inc during 2022 was $100,386. There are 4 employees and 250 volunteers at Minds Matter Of Boston Inc.
Here are 13 key members and their salaries:
- Rachel Kanter (Executive Dir.)
- Meaghan Mahoney (Co-Chair) [Trustee/Director]
- Penny Weeks (Vice Chair) [Trustee/Director]
- Joe Fanning (Treasurer) [Trustee/Director]
- E Peter Alvarez (Secretary) [Trustee/Director]
- Steve Cardillo (Director)
- Angela Johnson (Director)
- Mike Farrell (Director)
- Kevin Fudge (Director)
- Nate Ott (Director)
- Bethany Rossi (Director)
- Michael Pugatch (Director)
- Henriette Recny (Director)
Official website here: www.mindsmatterboston.org
Where can I find the form 990 for Minds Matter Of Boston Inc?
The Minds Matter Of Boston Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.mindsmatterboston.org
Learn more at the official website: www.mindsmatterboston.org
Mission Statement of Minds Matter Of Boston Inc
Minds Matter of Boston, a nonprofit organization, is committed to bridging the gap for students from low-income families, empowering them with the necessary resources, guidance, and opportunities to excel in higher education. The mission of Minds Matter of Boston is to connect these determined and driven individuals with the right people, knowledge, and prospects, enabling them to thrive in college, shape their futures, and make a significant impact on the world.
Through its efforts, Minds Matter of Boston has successfully helped its senior students gain admission to prestigious four-year colleges. Notably, 100% of its seniors have secured a place in such institutions, with 76% being accepted into Barron's 3+ tier colleges. Moreover, the organization's dedication to its students' success is evident in the financial aid they receive. Seniors have been awarded a remarkable 1.2 million dollars in first-year financial aid, covering an impressive 92% of their financial needs. Additionally, the organization's impact on its alumni extends beyond college admission, with 96% of them still enrolled or having graduated from a four-year college. This testament to its effectiveness underscores the vital role Minds Matter of Boston plays in transforming the lives of its students.
Impact
This information is meant to be a general summary of Minds Matter Of Boston Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Minds Matter Of Boston Inc's impact is significant in transforming the lives of students from low-income families by providing them with the support and resources necessary to succeed in college and beyond. Through their programs, 100% of Minds Matter Boston seniors gained admission to a four-year college, with 76% being accepted to colleges in Barron's 3+ tiers. Seniors were also awarded $1.2 million in first-year financial aid for college, covering 92% of their financial need. Additionally, approximately 96% of their alumni are either still enrolled in or have graduated from a four-year college. Minds Matter's commitment to youth development is evident in its tangible outcomes, making a lasting impact on the future of its participants.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2003
Phone
(617) 348-3712
Principal Officer
Meaghan Mahoney
Main Address
PO Box 51066, Boston, MA, 02205
Website
www.mindsmatterboston.org
NTEE Category
Code: O50 - Youth development
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