Minds Matter of Houston Inc
Nonprofit profile at a glance
- EIN
- 821922816
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Houston, TX, USA
- Phone
- 2126266534
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $136,642
- Expenses
- $53,858
- Assets
- $119,339
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- JENNIFER YAO (BOARD CHAIR)
- AMAR GUJRAL (TREASURER)
- GLORIA MONCADA (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Mind matter connects driven and determined students from low-income families with the people, preparation and possibilities to succeed in college, create their future, and change the world.
What it reported doing in 2024
Mentoring: the mentoring component consists of pairing our students with professionals who have been through the college application process. These mentors can help the students navigate the steps and requirements. Our mentors act as catalysts for the students, providing them with individual support and guidance, allowing each student to fulfill his or her potential and make the leap to college.test prep: for juniors and seniors, the test prep program takes the form of a full-year program leading up to the sat. Students receive coaching from math and verbal test prep instructors. The curriculum familiarizes students with the sat, provides test-taking strategies, refreshes basic skills, and provides several diagnostic exams to identify student strengths and weaknesses while reinforcing test strategies.writing: the sophomore writing program encourages students to develop basic writing and critical thinking skills such as expanding their vocabulary, understanding essay structure, and producing written works that represent their thoughts on a myriad of topics.summer: students in the summer of their sophomore and junior years have the opportunity to study on prestigious university campuses throughout the country for 2-4 weeks. Juniors can also elect to travel abroad as they participate in international immersion programs. Students travel across the globe from spain to japan. They learn life skills as they are exposed to various cultures, experience perspectives from students throughout the world and become global thinkers.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% 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.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 52
- Transparency & Controls: 100
- Sustainability: 85
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 33.2%; rating input score 33
- Program expense ratio: 84.3%; rating input score 84
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 60.6%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 2.22; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -24.2% per year; rating input score 0; 9th percentile among comparable filings
- Revenue growth: 44.8% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 102.5% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 33.2% of revenue deployed · 84.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $45K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- 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: Mission deployment rate scored 33/100.
- High — Growth: Program expense growth scored 0/100.