Project Healthy Minds Corporation
- Assets
- $3.3m
- Revenue
- $704.9k
- Investments
- $0.0
- Employees
- 2
- Location
- New York, NY
- Founding
- 05/2018
- Data as of
- 12/2022
- EIN
- 82-3616589
Organization Overview
Project Healthy Minds Corporation is located in New York, NY. The organization was established in 2018. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Project Healthy Minds Corporation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Healthy Minds Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NON-PROFIT FOCUSED ON CLOSING THE MENTAL HEALTH TREATMENT GAP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROJECT HEALTHY MINDS HAS ACCOMPLISHED MANY THINGS DURING THE COURSE OF 2022. SOME OF THE HIGHLIGHTS ARE AS FOLLOWS:- A SECOND GENERATION VERSION OF THE DIGITAL DISCOVERY PLATFORM WAS BUILT AND RELEASED. 192,761 PEOPLE USED THE DIGITAL EXPERIENCE TO FIND MENTAL HEALTH SERVICES.- PROJECT HEALTHY MINDS BEGAN ITS PUBLIC ANTI-STIGMA CAMPAIGNS BY PARTNERING WITH CELEBRITIES TO SHARE THEIR MENTAL HEALTH STORIES PUBLICLY- PROJECT HEALTHY MINDS DEVELOPED AND LAUNCHED ITS CORPORATE MENTAL HEALTH TRAINING PROGRAM- PROJECT HEALTHY MINDS GREW ITS YOUTH MENTAL HEALTH RESEARCH PROGRAM, WORKING WITH ITS SCIENTIFIC ADVISORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Dworkin Director | Trustee | 2 | $0 |
Andy Sekel Director | Trustee | 2 | $0 |
Brian Offutt Director | Trustee | 2 | $0 |
Carson Daly Director | Trustee | 2 | $0 |
Chris Zarou Director | Trustee | 2 | $0 |
Dr Barry Herman Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $693,382 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $693,382 |
| Total Program Service Revenue | $11,500 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $704,882 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $126,042 |
| Compensation of current officers, directors, key employees. | $33,334 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $36,683 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,299 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,093 |
| Fees for services: Accounting | $20,608 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $81,755 |
| Advertising and promotion | $41,368 |
| Office expenses | $15,410 |
| Information technology | $22,604 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,780 |
| All other expenses | $4,038 |
| Total functional expenses | $372,680 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,989,957 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $58,019 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,767 |
| Net Land, buildings, and equipment | $220,966 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,282,709 |
| Accounts payable and accrued expenses | $4,815 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,815 |
| Net assets without donor restrictions | $1,630,611 |
| Net assets with donor restrictions | $1,647,283 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,282,709 |