Civic Intelligence

Inspiring Young Minds Inc.

990EZ • Fiscal year 2024 • EIN 27-0659568

Jan 01, 2024 to Dec 31, 2024 • Filed on Mar 31, 2025

Organization Profilewww.inspiringyoungminds.org
10014 Ave MBrooklyn, NY 11236

(917) 674-6759

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2024

Net Margin

46th percentile

3.0%

Higher net margin than 46% of similar nonprofits.

2024 filings • NTEE B90 • <$500k nonprofits • Source year 2024

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2024 filings • NTEE B90 • <$500k nonprofits • Source year 2024

Asset Growth

76th percentile

49%

Faster asset growth than 76% of similar nonprofits.

2024 filings • NTEE B90 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

141%

Faster revenue growth than 89% of similar nonprofits.

2024 filings • NTEE B90 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$37,546

Up $12,369 (+49%) from 2023

Net Assets

Up

$8,262

Up $5,446 (+193%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin46th percentile

Revenue

Up

$180,276

Up $105,563 (+141%) from 2023

Expenses

Up

$174,830

Up $97,073 (+125%) from 2023

Net Income

Up

$5,446

Up $8,490 (+279%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$40K$30K$20K$10K$0Assets 2023: $25,177Liabilities 2023: $22,361Net Assets 2023: $2,8162023Assets 2024: $37,546Net Assets 2024: $8,2622024

Highlighted filing

2024

Assets$37,546
Liabilities-
Net Assets$8,262
Open 2024 Filing

Operations Trend

Revenue Growth89th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2023: $74,713Expenses 2023: $77,757Net Income 2023: -$3,0442023Revenue 2024: $180,276Expenses 2024: $174,830Net Income 2024: $5,4462024

Highlighted filing

2024

Revenue$180,276
Expenses$174,830
Net Income$5,446
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 31, 2025
Return Version
2024v5.0
Gross Receipts
$180,276
Mission and Program Overview

Mission

Educational College Prep Placem

Program Services

DescriptionGrantsExpenses
Processing 120 apps, guide families w/adm & fin. apps maintain database,interview prep, program coordinator, consultant, advocate for students-$80,004
OTHER PROGRAM SERVICES-$71,685
Host Annual 2 day public event for over 100 boarding schools from around the country allowing families to meet adm reps learn of benefits-$11,977
Tuition assistance & misc costs for IYM students enrolled at member schools-$11,164
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARK CHEONGPresidentPT$0--
LOUIS MOOREDirectorPT$0--
MARION CHEONGDirectorPT$0--
JACQUELINE GRAHAM-MILLSDirector/SecretaryPT$0--
SHARI FORDDirectorPT$0--
ASAF HAHAMIDirectorPT$0--
KURT FLEHINGERDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Inspiring Young Minds
EIN
27-0659568
Address
10014 AVE M, BROOKLYN, NY 11236

Signing Officer

Name
Mark Cheong
Title
Mark Cheong
Phone
9176746759
Signed
2025-03-31
Discuss with paid preparer
Yes

Preparer

Firm
Max Tax 1342 LLC
Address
1342 ST JOHNS PLACE, BROOKLYN, NY 11213
Preparer
Maria Montero-chin
Phone
7185130626
Raw XML Appendix136 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/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
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IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt025177
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt320
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ASAF HAHAMI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6KURT FLEHINGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR/SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Educational College Prep Placem
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Processing 120 apps, guide families w/adm & fin. apps maintain database,interview prep, program coordinator, consultant, advocate for students
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Host Annual 2 day public event for over 100 boarding schools from around the country allowing families to meet adm reps learn of benefits
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Tuition assistance & misc costs for IYM students enrolled at member schools
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3OTHER PROGRAM SERVICES
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt080004
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt111977
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt211164
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt371685
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt022361
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0174830
IRS990EZ/TotalProgramServiceExpensesAmt0174830
IRS990EZ/TotalRevenueAmt0180276
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationOtherDesc0ORGANIZATI
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0180726
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt074713
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0255439
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
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IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0180726
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt074713
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0255439
IRS990ScheduleA/TotalSupportAmt0255439
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0MARK CHEONG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MARK CHEONG
ReturnHeader/BusinessOfficerGrp/PhoneNum09176746759
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INSPIRING YOUNG MINDS
ReturnHeader/Filer/BusinessNameControlTxt0INSP
ReturnHeader/Filer/EIN0270659568
ReturnHeader/Filer/USAddress/AddressLine1Txt010014 AVE M
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0463157967
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BROOKLYN
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ReturnHeader/PreparerPersonGrp/PhoneNum07185130626
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-31
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-04-02T15:10:39-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$37,546
Liabilities
-
Net assets
$8,262
Revenue
$180,276
Expenses
$174,830
Net income
$5,446
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.38$0.08$1.80$1.75$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.22$0.03$0.75$0.78$0.03