Civic Intelligence

Platinum Minds Inc.

990EZ • Fiscal year 2022 • EIN 20-8826409

Jan 01, 2022 to Dec 31, 2022 • Filed on Mar 27, 2023

Organization ProfilePLATINUMMINDS.ORG
95 West Main StChester, NJ 07930

(908) 879-7624

Siviq Scores

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

Liabilities / Assets

88th percentile

0.65x

Higher debt load relative to assets than 88% of similar nonprofits.

2022 filings • NTEE O50 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

86th percentile

0.27x

Higher debt load relative to revenue than 86% of similar nonprofits.

2022 filings • NTEE O50 • <$500k nonprofits • Source year 2022

Net Margin

9th percentile

-57%

Higher net margin than 9% of similar nonprofits.

2022 filings • NTEE O50 • <$500k nonprofits • Source year 2022

Top Officer Pay

91st percentile

$41,395

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 66.0% of source-year revenue.

2022 filings • NTEE O50 • <$500k nonprofits • Source year 2022

Asset Growth

13th percentile

-48%

Faster asset growth than 13% of similar nonprofits.

2022 filings • NTEE O50 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

42nd percentile

5.8%

Faster revenue growth than 42% of similar nonprofits.

2022 filings • NTEE O50 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$25,554

Down $23,222 (-48%) from 2021

Net Assets

Down

$8,853

Down $39,539 (-82%) from 2021

Liabilities

Up

$16,701

Up $12,293 (+279%) from 2021

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin9th percentile

Revenue

Up

$62,730

Up $3,447 (+5.8%) from 2021

Expenses

Up

$98,245

Up $42,456 (+76%) from 2021

Net Income

Down

-$35,515

Down $39,009 (-1116%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth13th 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

2022

Assets$25,554
Liabilities$16,701
Net Assets$8,853
Open 2022 Filing

Operations Trend

Revenue Growth42nd 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

2022

Revenue$62,730
Expenses$98,245
Net Income-$35,515
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 27, 2023
Return Version
2022v5.0
Gross Receipts
$65,915
Mission and Program Overview

Mission

Helping boys from urban areas succeed through education.

Helping boys from urban areas succeed through education

Program Services

DescriptionGrantsExpenses
HELPING DISADVANTAGED YOUTH REACH THEIR HIGHEST POTENTIAL THROUGH EDUCATION OPPORTUNITIES AND LEADERSHIP TRAINING. NINETY-SEVEN PERCENT OF OUR SCHOLARS GRADUATE HIGH SCHOOL, TO TO COLLED AND RECEIVE ACADEMIC, SPORTS OR NEEDS- BASED SCHOLARSHIPS AND FINANCIAL AID.--
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
YVETTE LONGExecutive DirectorPT$41,395-$41,395
JANAKA DESILVATreasurer-$0--
TANYA JEFFORDSTrustee-$0--
KAREN KIRBYSecretary-$0--
Filing and Contact Details

Filer

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

Signing Officer

Name
Yvette Long
Title
Executive Officer
Phone
9088797624
Signed
2023-03-27
Discuss with paid preparer
Yes

Preparer

Firm
Block Advisors
Address
106 PLEASANT HOME RD, AUGUSTA, GA 30907
Preparer
Daniel Moore
Phone
7068558016
Supplemental Narrative

Additional Explanations

Part I, Line 8

“REFUND 222”

Part II, Line 16

“INSURANCE 410”

Part II, Line 16

“Misc program expenses 28615”

Part II, Line 16

“FUND DEVELOPMENT 3009”

Part II, Line 16

“STAFF EXPENSES 11000”

Raw XML Appendix146 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0YVETTE LONG
IRS990EZ/BooksInCareOfDetail/PhoneNum09084701459
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03 PHENIX CT N
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0North Augusta
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd029860
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt048407
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt025185
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt057193
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-35515
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06789
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt048776
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IRS990EZ/FundraisingGrossIncomeAmt08500
IRS990EZ/GrossReceiptsAmt065915
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt044368
IRS990EZ/NetAssetsOrFundBalancesEOYAmt08853
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt044368
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt08853
IRS990EZ/OccupancyRentUtltsAndMaintAmt04175
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt041395
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0YVETTE LONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JANAKA DESILVA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TANYA JEFFORDS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KAREN KIRBY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0369
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0369
IRS990EZ/OtherExpensesTotalAmt043034
IRS990EZ/OtherRevenueTotalAmt0222
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0HELPING BOYS FROM URBAN AREAS SUCCEED THROUGH EDUCATION
IRS990EZ/PrintingPublicationsPostageAmt02852
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HELPING DISADVANTAGED YOUTH REACH THEIR HIGHEST POTENTIAL THROUGH EDUCATION OPPORTUNITIES AND LEADERSHIP TRAINING. NINETY-SEVEN PERCENT OF OUR SCHOLARS GRADUATE HIGH SCHOOL, TO TO COLLED AND RECEIVE ACADEMIC, SPORTS OR NEEDS- BASED SCHOLARSHIPS AND FINANCIAL AID.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt041395
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt03185
IRS990EZ/SpecialEventsNetIncomeLossAmt05315
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt04408
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt016701
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt098245
IRS990EZ/TotalRevenueAmt062730
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTPS://PLATINUMMINDS.ORG/
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt051270
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt075102
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt027139
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0173511
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt020000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt051270
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt075102
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt027139
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0173511
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt020000
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt051270
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt075102
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt027139
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0173511
IRS990ScheduleA/InvestmentIncomeCYPct00.50000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.50000
IRS990ScheduleA/PublicSupportTotal509Amt0173511
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt020000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt051270
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt075102
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt027139
IRS990ScheduleA/Total509Grp/TotalAmt0173511
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt040000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0102540
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0150204
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt054278
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0347022
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REFUND 222
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INSURANCE 410
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MISC PROGRAM EXPENSES 28615
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FUND DEVELOPMENT 3009
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4STAFF EXPENSES 11000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART II, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART II, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART II, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART II, LINE 16
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0YVETTE LONG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum09088797624
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PLATINUM MINDS INC
ReturnHeader/Filer/BusinessNameControlTxt0PLAT
ReturnHeader/Filer/EIN0208826409
ReturnHeader/Filer/PhoneNum09088797624
ReturnHeader/Filer/USAddress/AddressLine1Txt095 WEST MAIN ST
ReturnHeader/Filer/USAddress/CityNm0CHESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007930
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431871840
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Block Advisors
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0106 PLEASANT HOME RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AUGUSTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030907
ReturnHeader/PreparerPersonGrp/PhoneNum07068558016
ReturnHeader/PreparerPersonGrp/PreparationDt02023-03-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Daniel Moore
ReturnHeader/ReturnTs02023-03-28T01:31:15Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0YVETTE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LONG
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$25,554
Liabilities
$16,701
Net assets
$8,853
Revenue
$62,730
Expenses
$98,245
Net income
-$35,515
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