MINDS MATTER OF SEATTLE INC

EIN: 463036059 501(c)(3) Youth Development

SEATTLE, WA

Total Revenue
$289,212
Total Expenses
$275,445
Total Assets
$527,375
Net Assets
$527,375
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
WA
Principal Officer
RICHARD HOLMES
Phone
8576000536
Tax Period
2023-07-01 to 2024-06-30

MINDS MATTER OF SEATTLE INC, founded in 2013, is a small nonprofit in the Youth Development sector that reported $289K in total revenue in fiscal year 2023. Expenses of $275K left a modest 5% surplus.

Mission

MINDS MATTER OF SEATTLE, INC. IS A NOT-FOR-PROFIT ORGANIZATION THAT IS DEDICATED TO TRANSFORMING THE LIVES OF ACCOMPLISHED HIGH SCHOOL STUDENTS FROM LOW INCOME FAMILIES BY BROADENING THEIR DREAMS AND PREPARING THEM FOR COLLEGE SUCCESS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $279,907
Program Service Revenue $0
Investment Income $9,305
Other Revenue $0
TOTAL REVENUE $289,212

Expense Breakdown

Grants Paid $106,998
Salaries & Benefits $103,488
Fundraising Expenses $45,394
Program Expenses $211,281
Other Expenses $64,959
TOTAL EXPENSES $275,445

Year-over-Year Comparison

2023 2022 Change
Revenue $289,212 $303,186 0.0%
Expenses $275,445 $223,040 +0.2%
Net Income $13,767 $80,146 -0.8%
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
16
Independent Members
16
Employees
1
Volunteers
16

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
6
$94,765
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY LI CHAIR 1.00
Officer Director
$0 $0 $0
RANJIT KAPILA VICE CHAIR 1.00
Officer Director
$0 $0 $0
ELANA BOTHA TREASURER 1.00
Officer Director
$0 $0 $0
MELISSA HENDERSHOTT PRESIDENT (THROUGH 6/24) 1.00
Officer Director
$0 $0 $0
STEVE KERN VICE PRESIDENT (THROUGH 6/24) 1.00
Officer Director
$0 $0 $0
FORREST COLLMAN DIRECTOR 1.00
Director
$0 $0 $0
AMY ZHU DIRECTOR 1.00
Director
$0 $0 $0
JACQUELINE MIDDLETON DIRECTOR 1.00
Director
$0 $0 $0
OMAR CONTRERAS DIRECTOR 1.00
Director
$0 $0 $0
BRITTANIA ASHER DIRECTOR 1.00
Director
$0 $0 $0
NIDHI BENEVENTO DIRECTOR 1.00
Director
$0 $0 $0
DANIELLE FRASER DIRECTOR 1.00
Director
$0 $0 $0
THANH NGUYEN DIRECTOR 1.00
Director
$0 $0 $0
JILLIAN MOCHNICK DIRECTOR 1.00
Director
$0 $0 $0
ROBIN BLAKE DIRECTOR 1.00
Director
$0 $0 $0
DANIEL PULSE DIRECTOR 1.00
Director
$0 $0 $0
VICTOR ZAMORA EXECUTIVE DIR. 40.00
Officer
$87,452 $7,313 $94,765
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
2025 No data No data No data No data
2024 $289,212 $275,445 $527,375 $13,767
2021 $220,982 $91,847 $395,093 $129,135
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