Civic Intelligence

Platinum Minds Inc.

990EZ • Fiscal year 2020 • EIN 20-8826409

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 13, 2021

Organization Profileplatinumminds.org
95 West Main St - Suite 5 166Chester, NJ 07930

(908) 879-7624

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.11x

Higher debt load relative to assets than 73% of similar nonprofits.

2020 filings • NTEE O50 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

73rd percentile

0.07x

Higher debt load relative to revenue than 73% of similar nonprofits.

2020 filings • NTEE O50 • <$500k nonprofits • Source year 2020

Net Margin

83rd percentile

39%

Higher net margin than 83% of similar nonprofits.

2020 filings • NTEE O50 • <$500k nonprofits • Source year 2020

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • NTEE O50 • <$500k nonprofits • Source year 2020

Asset Growth

81st percentile

118%

Faster asset growth than 81% of similar nonprofits.

2020 filings • NTEE O50 • <$500k nonprofits • Annualized from 2018 to 2020

Revenue Growth

82nd percentile

22%

Faster revenue growth than 82% of similar nonprofits.

2020 filings • NTEE O50 • <$500k nonprofits • Annualized from 2018 to 2020

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$50,246

Up $39,690 (+376%) from 2018

Net Assets

$44,898

No earlier filing loaded for comparison.

Liabilities

Up

$5,348

Up $5,348 from 2018

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin83rd percentile

Revenue

Up

$75,102

Up $24,791 (+49%) from 2018

Expenses

Down

$45,738

Down $5,187 (-10%) from 2018

Net Income

Up

$29,364

Up $29,978 (+4882%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0-$20KAssets 2010: $6,096Net Assets 2010: $6,0962010Assets 2011: $6,601Liabilities 2011: $02011Assets 2012: $5,258Liabilities 2012: $02012Assets 2013: $19,888Liabilities 2013: $02013Assets 2014: $14,693Net Assets 2014: $14,6932014Assets 2015: $4,345Liabilities 2015: $1,9962015Assets 2016: $6,596Liabilities 2016: $02016Assets 2017: $11,269Liabilities 2017: $982017Assets 2018: $10,556Liabilities 2018: $02018Assets 2020: $50,246Liabilities 2020: $5,348Net Assets 2020: $44,8982020Assets 2021: $48,776Liabilities 2021: $4,408Net Assets 2021: $48,3922021Assets 2022: $25,554Liabilities 2022: $16,701Net Assets 2022: $8,8532022Assets 2023: $9,382Liabilities 2023: $17,587Net Assets 2023: -$8,2052023Assets 2024: $919Net Assets 2024: -$7,2842024Assets 2025: $14,749Liabilities 2025: $89Net Assets 2025: $14,6602025

Highlighted filing

2020

Assets$50,246
Liabilities$5,348
Net Assets$44,898
Open 2020 Filing

Operations Trend

Revenue Growth82nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2010: $53,039Expenses 2010: $55,357Net Income 2010: -$2,3182010Revenue 2011: $60,248Expenses 2011: $59,743Net Income 2011: $5052011Revenue 2012: $41,452Expenses 2012: $43,052Net Income 2012: -$1,6002012Revenue 2013: $51,714Expenses 2013: $37,084Net Income 2013: $14,6302013Revenue 2014: $34,994Expenses 2014: $41,744Net Income 2014: -$6,7502014Revenue 2015: $26,655Expenses 2015: $37,443Net Income 2015: -$10,7882015Revenue 2016: $59,444Expenses 2016: $55,198Net Income 2016: $4,2462016Revenue 2017: $71,680Expenses 2017: $66,335Net Income 2017: $5,3452017Revenue 2018: $50,311Expenses 2018: $50,925Net Income 2018: -$6142018Revenue 2020: $75,102Expenses 2020: $45,738Net Income 2020: $29,3642020Revenue 2021: $59,283Expenses 2021: $55,789Net Income 2021: $3,4942021Revenue 2022: $62,730Expenses 2022: $98,245Net Income 2022: -$35,5152022Revenue 2023: $73,736Expenses 2023: $90,794Net Income 2023: -$17,0582023Revenue 2024: $65,137Expenses 2024: $64,216Net Income 2024: $9212024Revenue 2025: $75,658Expenses 2025: $72,108Net Income 2025: $3,5502025

Highlighted filing

2020

Revenue$75,102
Expenses$45,738
Net Income$29,364
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 13, 2021
Return Version
2020v4.0
Gross Receipts
$75,102
Mission and Program Overview

Mission

Helping boys from urban areas succeed through education.

Program Services

DescriptionGrantsExpenses
PART III, LINE 28Helping disadvantaged youth reach their highest potential through education opportunties and leadership training. We have been able to achieve 97% of our scholars graduating high school, go to college and receive academic, sports and need based scholarships and financial aid.--
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
YVETTE LONGExecutive Director-$0--
Janaka DesilvaTreasurer-$0--
Tanya JeffordsTrustee-$0--
KAREN KERBYSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Platinum Minds Inc
EIN
20-8826409
Phone
9088797624
Address
95 WEST MAIN ST - SUITE 5 166, CHESTER, NJ 07930

Signing Officer

Name
Yvette Long
Title
Executive Director
Signed
2021-10-13
Discuss with paid preparer
Yes

Preparer

Firm
Henderson & Neuberg LLC
Address
245 MAIN ST STE 200, CHESTER, NJ 07930
Preparer
Peter G Neuberg CPA Pfs
Phone
9088797624
Supplemental Narrative

Additional Explanations

Client Note 1

“Client Note 1 - PART III, LINE 28Helping disadvantaged youth reach their highest potential through education opportunties and leadership training. We have been able to achieve 97% of our scholars graduating high school, go to college and receive academic, sports and need based scholarships and financial aid.”

Other Expenses.1002

“Office Expenses $8756”

Other Expenses.1012

“Insurance $460”

Other Expenses.1

“MISC. $11898”

Other Expenses.2

“Program coordination $5998”

Other Expenses.3

“WEBSITE $3163”

Other Expenses.4

“Instructors/speakers $2940”

Other Expenses.5

“Student coordinator $2003”

Other Expenses.6

“TUITION $1380”

Other Expenses.7

“PROGRAM DIRECTOR $1125”

Other Expenses.9

“Books, subscriptions $233”

Other Expenses.11

“PROF. SUPPORT $96”

Other Expenses.12

“PREP COURSES $50”

Other Expenses.13

“PROGRAM DEVELOPMENT $26”

Other Assets.1009

“Notes and Loans Receivable - Beginning $618 Notes and Loans Receivable - Ending $0”

Other Assets.1012

“Intangible Assets - Beginning $369 Intangible Assets - Ending $369”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $889 Accounts Payable and Accrued Expenses - Ending $5348”

Raw XML Appendix181 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrintingPublicationsPostageAmt0593
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0182164
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Client Note 1 - PART III, LINE 28Helping disadvantaged youth reach their highest potential through education opportunties and leadership training. We have been able to achieve 97% of our scholars graduating high school, go to college and receive academic, sports and need based scholarships and financial aid.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $8756
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $460
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MISC. $11898
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROGRAM COORDINATION $5998
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WEBSITE $3163
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6INSTRUCTORS/SPEAKERS $2940
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7STUDENT COORDINATOR $2003
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TUITION $1380
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PROGRAM DIRECTOR $1125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10BOOKS, SUBSCRIPTIONS $233
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11PROF. SUPPORT $96
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12PREP COURSES $50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13PROGRAM DEVELOPMENT $26
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Notes and Loans Receivable - Beginning $618 Notes and Loans Receivable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Intangible Assets - Beginning $369 Intangible Assets - Ending $369
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Accounts Payable and Accrued Expenses - Beginning $889 Accounts Payable and Accrued Expenses - Ending $5348
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Client Note 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.9
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.12
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Total Liabilities.1001
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0YVETTE LONG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Dir.
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-13
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ReturnHeader/Filer/BusinessNameControlTxt0PLAT
ReturnHeader/Filer/EIN0208826409
ReturnHeader/Filer/PhoneNum09088797624
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ReturnHeader/Filer/USAddress/CityNm0CHESTER
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ReturnHeader/Filer/USAddress/ZIPCd007930
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0651160386
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HENDERSON & NEUBERG LLC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007930
ReturnHeader/PreparerPersonGrp/PhoneNum09088797624
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER G NEUBERG CPA PFS
ReturnHeader/ReturnTs02021-10-13T13:43:48-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0YVETTE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LONG
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$50,246
Liabilities
$5,348
Net assets
$44,898
Revenue
$75,102
Expenses
$45,738
Net income
$29,364
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$14.7$0.09$14.7$75.7$72.1$3.55
2024Detailed filing. Detailed filing data is available for this year.$0.92$7.28$65.1$64.2$0.92
2023Detailed filing. Detailed filing data is available for this year.$9.38$17.6$8.21$73.7$90.8$17.1
2022Detailed filing. Detailed filing data is available for this year.$25.6$16.7$8.85$62.7$98.2$35.5
2021Detailed filing. Detailed filing data is available for this year.$48.8$4.41$48.4$59.3$55.8$3.49
2020Detailed filing. Detailed filing data is available for this year.$50.2$5.35$44.9$75.1$45.7$29.4
2018Summary only. Only limited summary data is available for this year.$10.6$0.00$50.3$50.9$0.61
2017Summary only. Only limited summary data is available for this year.$11.3$0.10$71.7$66.3$5.35
2016Summary only. Only limited summary data is available for this year.$6.60$0.00$59.4$55.2$4.25
2015Summary only. Only limited summary data is available for this year.$4.35$2.00$26.7$37.4$10.8
2014Detailed filing. Detailed filing data is available for this year.$14.7$14.7$35.0$41.7$6.75
2013Summary only. Only limited summary data is available for this year.$19.9$0.00$51.7$37.1$14.6
2012Summary only. Only limited summary data is available for this year.$5.26$0.00$41.5$43.1$1.60
2011Summary only. Only limited summary data is available for this year.$6.60$0.00$60.2$59.7$0.51
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.10$6.10$53.0$55.4$2.32