Civic Intelligence

Inspiring Minds

EIN 26-1429323 • 501(c)3 • Warren, OH

Profile

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

837 Woodland St NEWarren, OH 44483

imyouth.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

68th percentile

0.31x

Higher debt load relative to assets than 68% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.73x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

22nd percentile

-7.9%

Higher net margin than 22% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

76th percentile

17%

Faster asset growth than 76% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Revenue Growth

62nd percentile

14%

Faster revenue growth than 62% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Assets

Down

$5,058,130

Down $203,833 (-3.9%) from 2023

Liabilities

Down

$1,568,426

Down $33,105 (-2.1%) from 2023

Net Assets

Down

$3,489,704

Down $170,728 (-4.7%) from 2023

Revenue

Down

$2,151,949

Down $607,777 (-22%) from 2023

Expenses

Up

$2,322,677

Up $606,601 (+35%) from 2023

Net Income

Down

-$170,728

Down $1,214,378 (-116%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2011: $16,386Liabilities 2011: $3,320Net Assets 2011: $13,0662011Assets 2012: $218,690Liabilities 2012: $3,312Net Assets 2012: $215,3782012Assets 2013: $373,513Liabilities 2013: $3,777Net Assets 2013: $369,7362013Assets 2014: $226,239Liabilities 2014: $24,500Net Assets 2014: $201,7392014Assets 2015: $532,928Liabilities 2015: $15,487Net Assets 2015: $517,4412015Assets 2016: $499,415Liabilities 2016: $9,072Net Assets 2016: $490,3432016Assets 2017: $800,806Liabilities 2017: $268,989Net Assets 2017: $531,8172017Assets 2018: $1,267,500Liabilities 2018: $256,414Net Assets 2018: $1,011,0862018Assets 2019: $1,448,543Liabilities 2019: $202,595Net Assets 2019: $1,245,9482019Assets 2020: $2,670,841Liabilities 2020: $856,484Net Assets 2020: $1,814,3572020Assets 2021: $3,657,119Liabilities 2021: $1,313,860Net Assets 2021: $2,343,2592021Assets 2022: $3,664,959Liabilities 2022: $1,048,177Net Assets 2022: $2,616,7822022Assets 2023: $5,261,963Liabilities 2023: $1,601,531Net Assets 2023: $3,660,4322023Assets 2024: $5,058,130Liabilities 2024: $1,568,426Net Assets 2024: $3,489,7042024

Highlighted filing

2024

Assets$5,058,130
Liabilities$1,568,426
Net Assets$3,489,704

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $162,669Expenses 2011: $153,230Net Income 2011: $9,4392011Expenses 2012: $205,9072012Revenue 2013: $449,325Expenses 2013: $294,967Net Income 2013: $154,3582013Revenue 2014: $331,628Expenses 2014: $499,625Net Income 2014: -$167,9972014Revenue 2015: $1,030,495Expenses 2015: $714,793Net Income 2015: $315,7022015Revenue 2016: $818,684Expenses 2016: $845,782Net Income 2016: -$27,0982016Revenue 2017: $1,086,729Expenses 2017: $1,045,255Net Income 2017: $41,4742017Revenue 2018: $1,486,761Expenses 2018: $1,007,492Net Income 2018: $479,2692018Revenue 2019: $1,268,467Expenses 2019: $1,033,605Net Income 2019: $234,8622019Revenue 2020: $1,534,001Expenses 2020: $965,592Net Income 2020: $568,4092020Revenue 2021: $1,773,478Expenses 2021: $1,244,576Net Income 2021: $528,9022021Revenue 2022: $1,663,375Expenses 2022: $1,389,852Net Income 2022: $273,5232022Revenue 2023: $2,759,726Expenses 2023: $1,716,076Net Income 2023: $1,043,6502023Revenue 2024: $2,151,949Expenses 2024: $2,322,677Net Income 2024: -$170,7282024

Highlighted filing

2024

Revenue$2,151,949
Expenses$2,322,677
Net Income-$170,728

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.06$1.57$3.49$2.15$2.32$0.17
2023Detailed filing. Detailed filing data is available for this year.$5.26$1.60$3.66$2.76$1.72$1.04
2022Detailed filing. Detailed filing data is available for this year.$3.66$1.05$2.62$1.66$1.39$0.27
2021Detailed filing. Detailed filing data is available for this year.$3.66$1.31$2.34$1.77$1.24$0.53
2020Detailed filing. Detailed filing data is available for this year.$2.67$0.86$1.81$1.53$0.97$0.57
2019Detailed filing. Detailed filing data is available for this year.$1.45$0.20$1.25$1.27$1.03$0.23
2018Detailed filing. Detailed filing data is available for this year.$1.27$0.26$1.01$1.49$1.01$0.48
2017Detailed filing. Detailed filing data is available for this year.$0.80$0.27$0.53$1.09$1.05$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.50$0.01$0.49$0.82$0.85$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.53$0.02$0.52$1.03$0.71$0.32
2014Detailed filing. Detailed filing data is available for this year.$0.23$0.02$0.20$0.33$0.50$0.17
2013Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.45$0.29$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.00$0.22$0.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.00$0.01$0.16$0.15$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$2,270,180
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,486,587$2,940,397▲ $453,810
Investments in Publicly Traded Securities$1,260,141$1,317,775▲ $57,634
Cash and Non-Interest-Bearing Accounts$1,465,807$646,806▼ $819,001
Other Notes and Loans Receivable, Net$4,261$87,930▲ $83,669
Intangible Assets$35,267$32,457▼ $2,810
Prepaid Expenses and Deferred Charges$8,600$19,865▲ $11,265
Pledges and Grants Receivable-$11,400-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Inventories for Sale or Use-$0-
Total Assets$5,261,963$5,058,130▼ $203,833
Other Assets Total$1,300$1,500▲ $200
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,562,482$1,522,616▼ $39,866
Other Liabilities$39,049$45,810▲ $6,761
Total Liabilities$1,601,531$1,568,426▼ $33,105
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,654,432$3,483,704▼ $170,728
Net Assets With Donor Restrictions$6,000$6,000→ $0
Total Net Assets Fund Balance$3,660,432$3,489,704▼ $170,728
Total Liabilities and Net Assets / Fund Balance$5,261,963$5,058,130▼ $203,833

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,548,317$230,475$2,778,792
Buildings$246,441$20,508$266,949
Equipment$57,554$101,055$158,609
Land$82,600-$82,600
Other Land Buildings$5,485$4,279$9,764
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Deryck TolesCEOFT$156,824$39,048$195,872

Board Members and Trustees

NameTitle
Pastor Joseph WalkerPresident
Alicia MillerVice President
Angela MossBoard Member
Carla BaldwinBoard Member
Megan WagnerBoard Member
Sherri BercheniBoard Member
Dean NobleSecretary
Trinette Simon CPATreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,869,198
Program Service Revenue
$48,270
Investment Income
$76,673
Other Revenue
$157,808
All Other Contributions
$1,761,319
Change in Net Assets
$-170,728

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory2$316,368Cost
Other Non Cash Contri Table20$11,981Cost
Total Noncash Contributions22$328,349-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,151,949
Revenue Not Reported on Form 990
$298,255
Total Revenue per Audited Statements
$2,450,204
Total Revenue per Form 990
$2,151,949
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,163,408
Salaries, Compensation, and Employee Benefits$1,159,269
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$851,080--$851,080
Travel$299,765$14,811-$314,576
Current Officers, Directors, Trustees, and Key Employees$48,968$146,904-$195,872
Occupancy$122,655$24,035-$146,690
Depreciation Depletion$85,354--$85,354
Payroll Taxes$72,525$9,934-$82,459
Insurance$38,102$782-$38,884
Office Expenses$31,841$4,283-$36,124
Other Expenses$35,148$2,481-$35,148
Other Employee Benefits$29,858--$29,858
Fees for Services Other$26,553--$26,553
All Other Expenses$17,035$200-$17,235
Fees for Service Investment Mgmnt Fees-$15,368-$15,368
Fees for Services Accounting-$8,650-$8,650
Interest$7,882--$7,882
Advertising$4,279--$4,279
Fees for Services Legal$2,227--$2,227
Total Functional Expenses$2,095,229$227,448$0$2,322,677

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,616,296
Expenses per Audited Statements$2,322,677
Total Expenses per Form 990$2,322,677
Expenses Not Reported on Form 990$293,619
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$276,039
Fundraising Direct Expenses$118,231
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$175,800$152,485$1,483$151,002
Gala$191,832$107,268$22,205$85,063
Total Events$381,363$273,484$116,628$156,856
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card$34,572
Payroll Liabilities$4,898
Simple Payable$2,940
Roof Payable$2,850
Security Deposit$550
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is first reviewed by the treasurer and executive director andthen reviewed and approved by the organizations board prior to filing.

Form 990, Part VI, Section B, Line 12C

Potential conflicts are brought to the board. If a board member is involvedin the conflict they must leave the room while the remaining board membersvote on a decision of action.

Form 990, Part VI, Section B, Line 15A

The board assigns a small group from the board to the executive compensation committee (ecc) to manage the executive directors compensation. The ecc gathers peer group market data to compare total compensation, reviews the executive directors performance evaluation and then collects and summarizes the results to present a recommendation to the board for final approval and documentation.

Form 990, Part VI, Section B, Line 15B

The executive compensation committee (ecc) gathers peer group market data to compare total compensation, reviews the performance evaluation and then collects and summarizes the results to present a recommendation to the board for final approval and documentation.

Form 990, Part VI, Section C, Line 19

The governing documents, by laws, conflict of interest policy, financialstatements and 990 form are available upon request.

Filing and Contact Details

Filer

Filer Name
Inspiring Minds
EIN
26-1429323
Phone
3304696729
Address
837 Woodland St NE, Warren, OH 44483

Signing Officer

Name
Deryck Toles
Title
CEO
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deryck Toles
Formed
2007
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
8
Employees
84
Volunteers
61

Preparer

Firm
S Jones and Associates LLC
Address
400 Niles-Cortland Rd SE, Warren, OH 44484
Preparer
Vicki L Mooney CPA
Phone
3303995226
Supplemental Narrative

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Cash to Accrual Adjustments $125229

Part XII, Line 2D: Other expenses and losses per audited F/S

Cash to Accrual Adjustments $293619

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IRS990/ActivityOrMissionDesc0TO ENGAGE INSPIRE AND EMPOWER YOUTH TO REACH THEIR FULL POTENTIAL THROUGH EDUCATION AND EXPOSURE TO LIFE CHANGING EXPERIENCES
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IRS990/Desc0After school program to inspire youth to reach their full potential through education and real-life experiences. During the 2023-24 school year, 54 high school students, 40 7-8 graders and 120 3-6 graders benefitted from the program.Students in grades 3-12 participate in out-of-school learning focusing on: Education; College & Career Readiness; Health & Wellness, Personal Development; & Exposure to New Experiences. Space is available on a first-come, first-served basis; however, high school students are able to participate from acceptance until graduation or if they choose not to continue.Education support improves academic performance, focuses on STEM concepts, reading & comprehension, entrepreneurship, financial literacy, homework completion & tutoring.College & Career Readiness activities include visits to colleges across the country, assistance with applications & scholarships, ACT/SAT prep & FAFSA completion. IM provides professional development & job training through resume building, mock interviews, proper dress etiquette & industry exploration tours.IM promotes Health & Wellness as youth learn about the benefits of leading a healthy, well-rounded lifestyle through physical fitness, nutrition & personal hygiene. Youth participate in physical activities to reduce obesity & improve self-esteem. Youth also learn about gardening & cooking in our onsite garden and training kitchen.Personal Development activities include service-learning projects to developing skills, attitudes & personal qualities that enable students to effectively navigate their environment, work well with others, perform well & achieve their goals.Exposure to New Experiences is designed to demonstrate to students how their dreams can take them anywhere. IM coordinates trips to provide new, eye-opening experiences that embrace culture, arts, hobbies, & interests to expose students to different ways of life & possibilities so they know what is available to them in the future if they set goals, work hard & persevere.To provide ongoing support to recent high school grads & young adults ages 17-25, IM provides Summer Career Development Program, an immersive workforce learning experience for young adults & to retain talent for the area.At the completion of the 2023-24 school year, all students promoted to the next grade level or graduated.To make certain that students are on track, IM programming includes: monitoring academic performance, offering tutoring/interventions for students struggling in one or more subjects, and taking students on college and college-related visits to ignite excitement for their future.During the 2023-24 school year, 200 hours of tutoring has been provided to 25 HS students in the subjects of English, history, algebra, geometry, pre-calculus, chemistry, physics, and general science. During the after-school program students use ProgressBook, a classroom management solution that integrates grade book, lesson plan development, attendance, special education, and parent communication into one comprehensive, web-based system, to review their GPA, assignments and attendance which is then checked by IM staff. Any student with grades of D or F are flagged to receive tutoring. IM mentors also reinforce with the students the concept of staying on target with academics. IM staff has built a relationship with Warren G. Harding High School and is able to participate in students Individualized Education Program (IEP) meetings along with parents to help make sure that students succeed. IM also encourages parents to participate in parent-teacher conferences.In 2024 our college-going seniors completed FAFSA, ACT/SAT testing, college applications, and scholarship applications as part of their post-high school preparations. Students have toured Kent State University, Thiel College and The University of Akron. Students also went on industry tours to: Vaxxen Labs, XPO Transportation, Goodwill, Anderson Dubose, and DeSalvo Construction. For fun rewards, stu
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IRS990/Form990PartVIISectionAGrp/PersonNm2TRINETTE SIMON CPA
IRS990/Form990PartVIISectionAGrp/PersonNm3DEAN NOBLE
IRS990/Form990PartVIISectionAGrp/PersonNm4ALICIA MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm5ANGELA MOSS
IRS990/Form990PartVIISectionAGrp/PersonNm6CARLA BALDWIN
IRS990/Form990PartVIISectionAGrp/PersonNm7MEGAN WAGNER
IRS990/Form990PartVIISectionAGrp/PersonNm8SHERRI BERCHENI
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IRS990/ProgSrvcAccomActy2Grp/Desc0Summer 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.
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