STRONGMINDS INC

EIN: 462090059 501(c)(3) International Affairs

MAPLEWOOD, NJ

Total Revenue
$9,289,461
Total Expenses
$9,651,790
Total Assets
$7,045,132
Net Assets
$6,836,684
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
NJ
Principal Officer
SEAN MAYBERRY
Phone
9733133166
Tax Period
2024-01-01 to 2024-12-31

STRONGMINDS INC, founded in 2013, is a community nonprofit in the International Affairs sector that reported $9.3M in total revenue in fiscal year 2024.

Mission

SEE PART III, LINE 1.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,056,627
Program Service Revenue $0
Investment Income $232,834
Other Revenue $0
TOTAL REVENUE $9,289,461

Expense Breakdown

Grants Paid $6,557,192
Salaries & Benefits $2,160,437
Fundraising Expenses $1,009,321
Program Expenses $7,220,414
Other Expenses $934,161
TOTAL EXPENSES $9,651,790

Year-over-Year Comparison

2024 2023 Change
Revenue $9,289,461 $8,736,940 +0.1%
Expenses $9,651,790 $9,282,757 +0.0%
Net Income $-362,329 $-545,817 -0.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
11
Employees
25
Volunteers
11

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$433,614
Total Directors
12
$247,468
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SEAN MAYBERRY CHIEF EXECUTIVE OFFICER 40.00
Officer Director
$240,015 $7,453 $247,468
CAROL SQUIRE BOARD CHAIR 1.50
Officer Director
$0 $0 $0
ELENA ANFIMOVA TREASURER 1.50
Officer Director
$0 $0 $0
JAMES RUDE SECRETARY 1.50
Officer Director
$0 $0 $0
JEANNE ESLER TRUSTEE 1.50
Director
$0 $0 $0
REHMAH KASULE TRUSTEE 1.50
Director
$0 $0 $0
MILLY KATANA TRUSTEE 1.50
Director
$0 $0 $0
ANN MACDOUGALL TRUSTEE 1.50
Director
$0 $0 $0
ANNIKA STEN-PARSON TRUSTEE 1.50
Director
$0 $0 $0
ESTHER HSU WANG TRUSTEE 1.50
Director
$0 $0 $0
DANA WARD TRUSTEE 1.50
Director
$0 $0 $0
PAUL WATFORD TRUSTEE 1.50
Director
$0 $0 $0
KIM VALENTE CHIEF FINANCIAL OFFICER 40.00
Officer
$174,255 $11,891 $186,146
JENN BASS SR. DIR. OF COMMUNICATIONS 40.00
Highest
$125,443 $4,139 $129,582
KEVIN GEORGE MANAGING DIRECTOR 40.00
Highest
$120,600 $15,124 $135,724
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $9,289,461 $9,651,790 $7,045,132 $-362,329
2023 $8,736,940 $9,282,757 $7,349,370 $-545,817
2022 $8,089,381 $8,437,973 $7,875,121 $-348,592
2021 $9,279,368 $5,186,778 $8,170,759 $4,092,590
2020 $5,013,094 $4,116,606 $4,219,361 $896,488
2019 $5,277,211 $3,419,167 $3,151,960 $1,858,044
2018 $2,732,426 $2,341,758 $1,267,866 $390,668
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