BILLION MINDS INSTITUTE

EIN: 843223481 501(c)(3) Mental Health

NEW YORK, NY

Total Revenue
$65,495
Total Expenses
$61,902
Total Assets
$86,306
Net Assets
$20,811
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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
2020
Legal Domicile
NY
Principal Officer
GARY BELKIN
Phone
4014997105
Tax Period
2024-01-01 to 2024-12-31

BILLION MINDS INSTITUTE, founded in 2020, is a micro nonprofit in the Mental Health sector that reported $65K in total revenue in fiscal year 2024. Revenue surged 280% from the prior year, signaling strong growth momentum. Expenses of $62K left a modest 5% surplus.

Mission

STUDY OF GLOBAL CLIMATE CHANGE ON INDIVIDUALS

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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 $65,495
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $65,495

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $61,902
Other Expenses $61,902
TOTAL EXPENSES $61,902

Year-over-Year Comparison

2024 2023 Change
Revenue $65,495 $17,218 +2.8%
Expenses $61,902 N/A N/A
Net Income $3,593 $17,218 -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
2
Independent Members
N/A
Employees
N/A
Volunteers
6

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
1
$30,000
Total Directors
1
$30,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A COO 30.00
Officer Director
$30,000 $0 $30,000
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 $65,495 $61,902 $86,306 $3,593
2023 No data No data No data No data
2022 No data No data No data No data
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