Civic Intelligence

Platinum Minds Inc.

990EZ • Fiscal year 2023 • EIN 20-8826409

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 31, 2024

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

96th percentile

1.87x

Higher debt load relative to assets than 96% of similar nonprofits.

2023 filings • NTEE O50 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

88th percentile

0.24x

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

2023 filings • NTEE O50 • <$500k nonprofits • Source year 2023

Net Margin

15th percentile

-23%

Higher net margin than 15% of similar nonprofits.

2023 filings • NTEE O50 • <$500k nonprofits • Source year 2023

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2023 filings • NTEE O50 • <$500k nonprofits • Source year 2023

Asset Growth

8th percentile

-63%

Faster asset growth than 8% of similar nonprofits.

2023 filings • NTEE O50 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

60th percentile

18%

Faster revenue growth than 60% of similar nonprofits.

2023 filings • NTEE O50 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$9,382

Down $16,172 (-63%) from 2022

Net Assets

Down

-$8,205

Down $17,058 (-193%) from 2022

Liabilities

Up

$17,587

Up $886 (+5.3%) from 2022

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin15th percentile

Revenue

Up

$73,736

Up $11,006 (+18%) from 2022

Expenses

Down

$90,794

Down $7,451 (-7.6%) from 2022

Net Income

Up

-$17,058

Up $18,457 (+52%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth8th 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

2023

Assets$9,382
Liabilities$17,587
Net Assets-$8,205
Open 2023 Filing

Operations Trend

Revenue Growth60th 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

2023

Revenue$73,736
Expenses$90,794
Net Income-$17,058
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 31, 2024
Return Version
2023v5.0
Gross Receipts
$73,736
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 Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
YVETTE LONGExecutive Director-$0--
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
2024-03-31
Discuss with paid preparer
Yes

Preparer

Firm
Hrb Tax Group Inc
Address
1301 MAIN ST STE 104E, KANSAS CITY, MO 64105
Preparer
John Jordan
Phone
8004725625
Supplemental Narrative

Additional Explanations

Part I Line I - Individual Contributions

“$13939.56”

Part I Line 1 - Corporate Contributions

“$25803.49”

Part I Line 1 - Special Event Income

“$33501.78”

Part I Line 1 - Fall Fundraiser

“$496.52”

Part I Line 10 - Tuition, Scholarships, Assistance

“$28522”

Part I Line 13 - Professional Services - Accounting

“$387.50”

Part I Line 13 - Professional Services - Instructors

“$2775.00”

Part I Line 13 - Professional Services - Other

“$2701.08”

Raw XML Appendix149 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/BOYAmt025185
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08710
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt073736
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-17058
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05863
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt025554
IRS990EZ/Form990TotalAssetsGrp/EOYAmt09382
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt028522
IRS990EZ/GrossReceiptsAmt073736
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt08853
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-8205
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt08853
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-8205
IRS990EZ/OccupancyRentUtltsAndMaintAmt05958
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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/EOYAmt0672
IRS990EZ/OtherExpensesTotalAmt047802
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0HELPING BOYS FROM URBAN AREAS SUCCEED THROUGH EDUCATION
IRS990EZ/PrintingPublicationsPostageAmt02649
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/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt016701
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt017587
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt090794
IRS990EZ/TotalRevenueAmt073736
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTPS://PLATINUMMINDS.ORG/
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt073736
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt051270
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt075102
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0220108
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt020000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt051270
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt075102
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0146372
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt020000
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt051270
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt075102
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0146372
IRS990ScheduleA/InvestmentIncomeCYPct00.39940
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.60060
IRS990ScheduleA/PublicSupportTotal509Amt0220108
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt073736
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt020000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt051270
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt075102
IRS990ScheduleA/Total509Grp/TotalAmt0220108
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt073736
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt040000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0102540
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0150204
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0366480
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0$13939.56
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1$25803.49
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2$33501.78
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3$496.52
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4$28522
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5$387.50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6$2775.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7$2701.08
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I LINE I - INDIVIDUAL CONTRIBUTIONS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I LINE 1 - CORPORATE CONTRIBUTIONS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART I LINE 1 - SPECIAL EVENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART I LINE 1 - FALL FUNDRAISER
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART I LINE 10 - TUITION, SCHOLARSHIPS, ASSISTANCE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART I LINE 13 - PROFESSIONAL SERVICES - ACCOUNTING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART I LINE 13 - PROFESSIONAL SERVICES - INSTRUCTORS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7PART I LINE 13 - PROFESSIONAL SERVICES - OTHER
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0YVETTE LONG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum09088797624
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-31
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/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431871840
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HRB TAX GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01301 MAIN ST STE 104E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KANSAS CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd064105
ReturnHeader/PreparerPersonGrp/PhoneNum08004725625
ReturnHeader/PreparerPersonGrp/PreparationDt02024-03-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0John Jordan
ReturnHeader/ReturnTs02024-03-31T20:16:07Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0YVETTE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LONG
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,382
Liabilities
$17,587
Net assets
-$8,205
Revenue
$73,736
Expenses
$90,794
Net income
-$17,058
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