Stimulating Minds Through Entrepreneurship & Leadership is a 501(c)(3) organization based in Brooklyn, New York, registered in 2018, with $225,571 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$226K
▲ 191.1% vs prior year
Human Services median: $293K
Expenses (FY2024)
$167K
Net assets
$62K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Stimulating Minds Through Entrepreneurship & Leadership— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Stimulating Minds Through Entrepreneurship & Leadership: 4 mo reserves · +26% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Stimulating Minds Through Entrepreneurship & Leadership— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Stimulating Minds Through Entrepreneurship & Leadership: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $26K (FY2019) to $226K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
26.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$62K
Total liabilities
$0
Net assets
$62K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $225,571▲191% | $166,940▲124% | $61,904▲1978% | $61,904▲1978% | 990 |
| 2023 | $77,492▼5.1% | $74,513▼16.6% | $2,979▼3.9% | $2,979▼3.9% | 990EZ |
| 2022 | $81,627▼36.4% | $89,337▼32.1% | $3,101▼71.3% | $3,101▼71.3% | 990EZ |
| 2021 | $128,334▲13.4% | $131,541▲21.8% | $10,811▲223% | $10,811▲223% | 990EZ |
| 2020 | $113,124▲341% | $107,986▲357% | $3,345▲58.8% | $3,345▲58.8% | 990EZ |
| 2019 | $25,662 | $23,640 | $2,107 | $2,107 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Stimulating Minds Through Entrepreneurship & Leadership (EIN 82-5101192) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.