NonprofitsInspiring Minds

Recreation & Sports

Inspiring Minds

WARREN, OH

Total revenue

$2.2M

Total expenses

$2.3M

Net assets

$3.5M

Grants received

$2.6M

90 grants

EIN

261429323

Tax year

2024

Mission

To engage inspire and empower youth to reach their full potential through education and exposure to life changing experiences

Programs

1 program

Summer Enrichment Program (SEP) to provide Warren, Ohio, students with a robust educational experience and an opportunity to participate in sports activities, art exploration, community service, swimming lessons, STEM disciplines, and literacy workshops. In 2024, 50 9-12 graders, 45 7-8 graders, and 180 3-6 graders.The 2024 SEP offered 275 students a robust educational experience. Elementary students participated in: daily health & fitness instruction, a review of the IM Code, which is a set of guidelines to follow to be successful & productive; swimming lessons; arts, culture & music activities; computer labs; board games; college/career readiness research; movies & bowling; different sports; learned about Black inventors; and had all-site competitions with a & track/race day.High school students took a trip to New Orleans. and visited LSU, Piney Wood boarding school, and took a Knowla Tour, to name a few highlights. The summer included financial literacy, physical fitness, an hour of reading to prevent summer learning, and art. College visits included: Penn State University and LSU.One of the highlights of the summer was the culmination of entrepreneurial lessons when IM held its 3rd Annual outdoor Youth Summer Market in which students showcased their businesses and sold their foods and products. It was well received by the community and students thoroughly enjoyed learning about financial literacy and how to run a business.This program was also supported during the year by in kind donations of services including classroom use valued at $9,600 and transportation services to bring students to the program each day and back home, as well as, field trips that is valued at $40,000.

Expenses: $545K

Financials

FY 2024

Revenue

Contributions & grants$1.9M
Program service revenue$48K
Investment income$77K
Other revenue$158K
Total revenue$2.2M

Expenses

Grants paid
Salaries & benefits$1.2M
Fundraising
Other expenses$1.2M
Total expenses$2.3M
Total assets$5.1M
Net assets$3.5M

People

9 listed

NameRoleCompensation

DERYCK TOLES

CEO

Board

$185K

40 hrs/wk

PASTOR JOSEPH WALKER

President

Board

2 hrs/wk

TRINETTE SIMON CPA

Treasurer

Board

2 hrs/wk

DEAN NOBLE

Secretary

Board

2 hrs/wk

ALICIA MILLER

Vice President

Board

2 hrs/wk

ANGELA MOSS

BOARD MEMBER

Board

2 hrs/wk

CARLA BALDWIN

Board Member

Board

2 hrs/wk

MEGAN WAGNER

Board Member

Board

2 hrs/wk

SHERRI BERCHENI

BOARD MEMBER

Board

2 hrs/wk

Grants received

Showing 90 of 90

FromAmountPurposeYear
$76K
PROGRAM SUPPORT
2024
$60K
GENERAL OPERATING SUPPORT
2024
$31K
PROGRAM SUPPORT
2024
$10K
KIDCENTS APPLICATION
2024
$5K
COMMUNITY CHARITY
2024
$3K
ASSISTANCE WITH AREA YOUTH
2024
$1K
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$100
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$660K
GENERAL OPERATING SUPPORT
2023
$138K
For grant recipient's exempt purposes
2023
$62K
PROGRAM SUPPORT
2023
$10K
CHARITABLE DONATION
2023
$10K
SUPPORT LOCAL KIDS PROGRAMS
2023
$8K
PROGRAM SUPPORT
2023
$7K
YOUNGSTOWN YOUTH ENRICHMENT
2023
$5K
2023 INSPIRING MINDS SUMMER ENRICHMENT PROGRAM
2023
$5K
TO ASSIST THE TAX EXEMPT ORGANIZATION TO CARRY OUT ITS EXEMPT PURPOSE.
2023
$3K
INSPIRING MINDS YOUTH ENRICHMENT PROGRAM
2023
$2K
ASSISTANCE WITH AREA YOUTH
2023
$1K
TO SUPPORT THE EXEMPT PURPOSE OF ORGANIZATION
2023
$650
SPONSORSHIP
2023
$500
AFTERSCHOOL TUTORING PROGRAM
2023
$500
GENERAL OPERATING SUPPORT
2023
$308K
GENERAL OPERATING SUPPORT
2022
$40K
TO ASSIST THE TAX EXEMPT ORGANIZATION TO CARRY OUT ITS EXEMPT PURPOSE.
2022
$25K
PROGRAM SUPPORT
2022
$20K
PROGRAM SUPPORT
2022
$20K
Youth Enrichment Program
2022
$10K
CHARITABLE DONATION
2022
$10K
SUMMER ENRICHMENT PROGRAM
2022
$10K
SUPPORT LOCAL KIDS PROGRAMS
2022
$10K
GENERAL OPERATING SUPPORT
2022
$6K
ASSISTANCE WITH AREA YOUTH
2022
$5K
2022 INSPIRING MINDS SUMMER ENRICHMENT PROGRAM
2022
$4K
INSPIRING MINDS YOUTH ENRICHMENT PROGRAM
2022
$1K
EDUCATION
2022
$1K
EDUCATION
2022
$1K
EDUCATION
2022
$1K
EDUCATION
2022
$1K
EDUCATION
2022
$1K
EDUCATION
2022
$700
SPONSORSHIP
2022
$275K
COVID-19: PROGAMMING SUPPORT
2021
$20K
GENERAL OPERATING SUPPORT
2021
$10K
SUPPORT THE LOCAL HEALTH AND WELLNESS PROGRAM
2021
$6K
INSPIRING MINDS: GROCERY STORE PROJECT
2021
$5K
GENERAL OPERATING SUPPORT
2021
$5K
2021 INSPIRING MINDS SUMMER ENRICHMENT PROGRAM
2021
$1K
TO PROVIDE FUNDS FOR GENERAL OPERATIONS
2021
$1K
OPERATING SUPPORT - COVID-19 CLOSURE
2021
$500
AFTERSCHOOL TUTORING PROGRAM
2021
$350K
GENERAL OPERATING SUPPORT
2020
$43K
PROGRAM SUPPORT
2020
$30K
COVID-19: PROGAMMING SUPPORT
2020
$27K
GENERAL OPERATING SUPPORT
2020
$25K
EDUCATIONAL SUPPORT
2020
$15K
SUPPORT THE LOCAL HEALTH AND WELLNESS PROGRAM
2020
$7K
PROGRAM SUPPORT
2020
$5K
ASSISTANCE WITH AREA YOUTH
2020
$5K
CHARITABLE DONATION
2020
$5K
GENERAL SUPPORT
2020
$5K
INSPIRING MINDS YOUTH ENRICHMENT PROGRAM
2020
$3K
for a six week summer enrichment program in Warren
2020
$3K
2020 INSPIRING MINDS SUMMER ENRICHMENT PROGRAM
2020
$3K
1ST ANNUAL INSPIRING MINDS "VIRTUAL" YOUTH CONFERENCE
2020
$1K
TO PROVIDE FUNDS FOR GENERAL OPERATIONS
2020
$1K
TO ENGAGE INSPIRE AND EMPOWER YOUTH TO REACH THEIR FULL POTENTIAL THROUGH EDUCATION AND EXPOSURE TO LIFE CHANGING EXPERIENCES
2020
$1K
OPERATING SUPPORT - COVID-19 CLOSURE
2020
$250
501c3 Unrestricted
2020
$30K
GENERAL OPERATING SUPPORT
2019
$20K
SUPPORT THE LOCAL HEALTH AND WELLNESS PROGRAM
2019
$5K
2018 INSPIRING MINDS SUMMER ENRICHMENT PROGRAM
2018
$5K
SUMMER ENRICHMENT PROGRAM
2018
$1K
SPONSORSHIP
2018
$1K
TO PROVIDE FUNDS FOR THE GENERAL OPERATIONS
2018

Funded by

$2.6M from 36 funders · 90 grants · 2018–2024

The Raymond John Wean Foundation

$1.7M · 9 grants · 2020–2024

Community Foundation Of Western

$143K · 4 grants · 2020–2024

Community Foundation Of The

$139K · 3 grants · 2020–2024

The Nordson Corporation Foundation

$87K · 4 grants · 2019–2022

Rite Aid Healthy Futures

$76K · 6 grants · 2019–2024

Hillsdale Fund

$45K · 2 grants · 2022–2023

Details

EIN261429323
NTEE codeN65
Subsection03
Ruling date2011-02
Formed2007
Employees84
Volunteers61
INSPIRING MINDS — Mission, Financials & Grants Received | Grantivo