Ment Ltd

Nonprofit profile at a glance

EIN
262447984
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-PF 2020
Location
New York, NY, USA
Phone
6465197093
Rating
83
Verdict
STRONG
Rating confidence
Standard
Sector
Arts Education

Official website

Reported finances

Revenue
$2,392,349
Expenses
$2,928,113
Assets
$664,600
Liabilities
$381,933

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • JEROME BOCUSE (EXECUTIVE VICE PRESIDENT)
  • THOMAS KELLER (PRESIDENT)
  • DAVID HARDIE (CHIEF EXECUTIVE OFFICER AS OF FEB 2025)
  • GAVIN KAYSEN (TEAM USA PRESIDENT)
  • YOUNG YUN (EXECUTIVE DIRECTOR/SECRETARY)

Highest reported compensation

  • YOUNG YUN (EXECUTIVE DIRECTOR/SECRETARY): $247,086 total reported compensation
  • STEFANI DE PALMA (TEAM USA HEAD CHEF): $142,042 total reported compensation
  • JAIMIE CHEW (DIRECTOR, COMMUNICATIONS & EVENTS): $122,943 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See schedule o

What it reported doing in 2024

Team USA training - funding provided to effectively train team USA as they prepare to represent our country at the most recognized and competitive culinary event called the bocuse d. Funding is used for all aspects of training from equipment and supplies to ingredients and travel.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 96% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 88
  • Accountability: 100
  • Sustainability: 9
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.4%; rating input score 93
  • Program expense ratio: 75.9%; rating input score 76
  • Fundraising efficiency: $8.3 raised per $1 spent on fundraising; rating input score 32; 32nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -22.4%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 0.23; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0.57; rating input score 18; 18th percentile among comparable filings
  • Officer compensation ratio: 17.5%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: 37.8% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 28.3% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: -8.6% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 93.4% of revenue deployed · 75.9% of spending went to programs
  • Governance: 5 of 5 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $2.2M in reported program spending
  • Leadership: top reported pay $247K · 12 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $448K reported
  • Consistency: 37 of 37 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 37 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 32/100.
  • High — Sustainability: Operating margin scored 6/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 15/100.
  • High — Sustainability: Liabilities to assets ratio scored 18/100.