Civic Intelligence

True Mentors Inc

990EZ • Fiscal year 2023 • EIN 27-3316077

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 07, 2024

Organization Profiletruementors.org
PO Box 6264Hoboken, NJ 07030

(321) 273-8708

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

64th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

29th percentile

-3.9%

Higher net margin than 29% of similar nonprofits.

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

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

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

Asset Growth

7th percentile

-72%

Faster asset growth than 7% of similar nonprofits.

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

Revenue Growth

14th percentile

-43%

Faster revenue growth than 14% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Down

$4,109

Down $10,738 (-72%) from 2022

Net Assets

Down

$4,109

Down $3,259 (-44%) from 2022

Liabilities

Down

$0

Down $7,479 (-100%) from 2022

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin29th percentile

Revenue

Down

$82,823

Down $61,786 (-43%) from 2022

Expenses

Down

$86,082

Down $71,149 (-45%) from 2022

Net Income

Up

-$3,259

Up $9,363 (+74%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

$100K$50K$0Assets 2010: $622Net Assets 2010: $6222010Assets 2011: $1,936Net Assets 2011: $1,9362011Assets 2012: $20,546Net Assets 2012: $20,5462012Assets 2013: $53,982Net Assets 2013: $53,9822013Assets 2014: $65,431Net Assets 2014: $65,4312014Assets 2015: $89,991Net Assets 2015: $89,9912015Assets 2016: $90,757Net Assets 2016: $90,7572016Assets 2017: $83,329Liabilities 2017: $963Net Assets 2017: $82,3662017Assets 2018: $73,605Liabilities 2018: $4,672Net Assets 2018: $68,9332018Assets 2019: $60,736Liabilities 2019: $2,889Net Assets 2019: $57,8472019Assets 2021: $23,264Liabilities 2021: $3,274Net Assets 2021: $19,9902021Assets 2022: $14,847Liabilities 2022: $7,479Net Assets 2022: $7,3682022Assets 2023: $4,109Liabilities 2023: $0Net Assets 2023: $4,1092023

Highlighted filing

2023

Assets$4,109
Liabilities$0
Net Assets$4,109
Open 2023 Filing

Operations Trend

Revenue Growth14th percentile

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

$200K$100K$0-$100KRevenue 2010: $3,976Expenses 2010: $3,354Net Income 2010: $6222010Revenue 2011: $11,979Expenses 2011: $10,665Net Income 2011: $1,3142011Revenue 2012: $37,741Expenses 2012: $19,132Net Income 2012: $18,6092012Revenue 2013: $54,097Expenses 2013: $21,061Net Income 2013: $33,0362013Revenue 2014: $50,215Expenses 2014: $38,766Net Income 2014: $11,4492014Revenue 2015: $89,158Expenses 2015: $64,598Net Income 2015: $24,5602015Revenue 2016: $111,646Expenses 2016: $110,880Net Income 2016: $7662016Revenue 2017: $119,309Expenses 2017: $127,700Net Income 2017: -$8,3912017Revenue 2018: $100,387Expenses 2018: $113,820Net Income 2018: -$13,4332018Revenue 2019: $87,727Expenses 2019: $98,813Net Income 2019: -$11,0862019Revenue 2021: $115,179Expenses 2021: $165,229Net Income 2021: -$50,0502021Revenue 2022: $144,609Expenses 2022: $157,231Net Income 2022: -$12,6222022Revenue 2023: $82,823Expenses 2023: $86,082Net Income 2023: -$3,2592023

Highlighted filing

2023

Revenue$82,823
Expenses$86,082
Net Income-$3,259
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 7, 2024
Return Version
2023v5.0
Gross Receipts
$82,823
Mission and Program Overview

Mission

True mentors inc exists to unearth the potential of hoboken's youth through true relationships

See Statement

Program Services

DescriptionGrantsExpenses
True Mentors hosted over 30 enrichment clubs including yoga, karate, STEM, arts & crafts, cooking, etc.-$1,830
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tara MurphyPresidentPT$0--
Sarah NeralEvents And Fund RaisingPT$0--
Sibel BerberolglBoard MemberPT$0--
Tim FergusonBoard MemberPT$0--
Kimberly BollardDirectorFT$0--
Phil AvesianTreasurerPT$0--
Brian BoydBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
True Mentors
EIN
27-3316077
Address
PO BOX 6264, Hoboken, NJ 07030

Signing Officer

Name
Phil Avesian
Title
Treasurer
Phone
3212738708
Signed
2024-03-07
Discuss with paid preparer
No

Preparer

Firm
Sidhom Accounting & Tax Consultants
Address
665 Avenue C, Bayonne, NJ 07002
Preparer
Albert Sidhom
Phone
2018581041
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountTotal Operational Expenses 7,822Total Club Programs 1,830Misc Expenes 2,187”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearAccounts Payable 7,479 0”

Part III response or note to any other line in Part III

“True Mentors mission is to unearth the excellence of youth in hudson county through meaningful relationships. Our vision is to help young people develop healthy strong relationships that allow them to reach their full potential.”

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/OfficerDirectorTrusteeEmplGrp/PersonNm6Brian Boyd
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountTotal Operational Expenses 7,822Total Club Programs 1,830Misc Expenes 2,187
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearAccounts Payable 7,479 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2True Mentors mission is to unearth the excellence of youth in hudson county through meaningful relationships. Our vision is to help young people develop healthy strong relationships that allow them to reach their full potential.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part III response or note to any other line in Part III
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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
$4,109
Liabilities
$0
Net assets
$4,109
Revenue
$82,823
Expenses
$86,082
Net income
-$3,259
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.83$0.86$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.15$0.07$0.07$1.45$1.57$0.13
2021Detailed filing. Detailed filing data is available for this year.$0.23$0.03$0.20$1.15$1.65$0.50
2019Detailed filing. Detailed filing data is available for this year.$0.61$0.03$0.58$0.88$0.99$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.74$0.05$0.69$1.00$1.14$0.13
2017Detailed filing. Detailed filing data is available for this year.$0.83$0.01$0.82$1.19$1.28$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.91$0.91$1.12$1.11$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.90$0.90$0.89$0.65$0.25
2014Detailed filing. Detailed filing data is available for this year.$0.65$0.65$0.50$0.39$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.54$0.54$0.54$0.21$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.21$0.38$0.19$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.02$0.12$0.11$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.01$0.04$0.03$0.01