Engaging Young Minds Academy INC

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

How does your 990 look to donors? Take the 10-Question Audit

To create a nurturning rigorous and safe learning environment that encourages high expectations in a positive and age appropriate learning experience that prepares students for future success

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 83-2999697) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
Run by 12 volunteers and 11 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $47K a year · 20% of revenue · last 4 filings
A surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
94%
of spending
94% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$17K
to officers and key staff · 7% of spending
Pay to officers and key staff is 7% of spending.
Part VII, Section A
1.4 mo
of spending, in cash
1.4 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $92K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$202K
82% of total assets
Liabilities are 82% of assets.
Pt X · Ln 26
Independent board members
4
of 4 voting members
4 of 4 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$234K
-32% vs prior year
Spent
$263K
To programs
94%
Net assets
$44K
By yearFY2020–FY2024
Revenue
$234K
FY2024▼ -32%
Tap a bar for its year
Revenue by fiscal year
FY2020$5K
FY2021$118K
FY2022$235K
FY2023$345K
FY2024$234K
Expenses
$263K
FY2024▼ -20%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$154K
FY2022$0
FY2023$328K
FY2024$263K
Net assets
$44K
FY2024▼ -39%
Tap a bar for its year
Net assets by fiscal year
FY2020−$69K
FY2021−$106K
FY2022$235K
FY2023$73K
FY2024$44K

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $247K Management & general 6% · $16K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

4 people listed on the 990; $17K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
President
$17,447Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Nkoyo E Ross’s $17K as President is at the 13th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023
Nkoyo E Ross$17,447$45,138

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Engaging Young Minds Academy INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II2 listed

Programs and updates

Nurturing students in a safe, rigorous environment to prepare them for future success.

Questions for Engaging Young Minds Academy INC

Tap to ask. Engaging Young Minds Academy INC sees how many people are interested.

Your first name shows with your question. Engaging Young Minds Academy INC answers here, for everyone.

1 program · $263K · in their own filed words · FY2024
01

The school continued to enroll and educate children from all socio- economic and cultural backgrounds in the foundational skills needed to be successful in life. With support from funding sources and grants such as the Voluntary Prekindergarten Program and School Readiness,the school began to thrive and graduate its third cohort.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 83-2999697) · Dispute this line
$263Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$92K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$234K
Ln 12
Fees for servicesLn 2g$199K
Gifts and grantsLn 1h$35K
Money outPt IX
$263K
Ln 25
Programscol B$247K
Managementcol C$16K
Owns and owesPt X
$44K
net assets · Ln 32
Cash and savingsLn 1–2$32K
Total assetsLn 16$247K
LiabilitiesLn 26$202K
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$35K
Government grantsLn 1e$35K
Fees for servicesLn 2g$199K
Total revenueLn 12$234K
Assets in detailPt X, end of year
CashLn 1$32K
Cash and savings togetherLn 1–2$32K
Inventories for sale or useLn 8$1K
Land, buildings, equipmentLn 10c$204K
Other assetsLn 15$10K
Total assetsLn 16$247K
LiabilitiesLn 26$202K
Net assetsLn 32$44K
OperationsPt I, VI
EmployeesI 511
VolunteersI 612
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$51K$32K
Land, buildings, equipmentLn 10c$210K$204K
Total assetsLn 16$266K$247K
LiabilitiesLn 26$193K$202K
Net assetsLn 32$73K$44K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$17K$17K
Other salaries and wagesLn 7$67K$67K
Payroll taxesLn 10$8K$8K
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$3K$3K
Other fees for servicesLn 11g$4K$4K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$4K$792$3K
Information technologyLn 14$1K$1K
OccupancyLn 16$115K$115K
TravelLn 17$345$346
Conferences, conventions and meetingsLn 19$3K$3K
InterestLn 20$3K$3K
Depreciation, depletion and amortizationLn 22$5K$5K
InsuranceLn 23$6K$6K
Other expenses (24a–d)Ln 24$23K$23K
Total functional expensesLn 25$263K$247K$16K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 14, 2025 $234K$263K−$28K$44K 990 PDF
FY2023Filed with the IRS May 16, 2024 $345K$328K$17K$73K 990 PDF
FY2022Filed with the IRS Mar 24, 2023 $235K$0$235K$235K 990 PDF
FY2021Filed with the IRS Feb 23, 2022 $118K$154K−$36K−$106K 990 PDF
FY2020Filed with the IRS Feb 10, 2021 $5K−$69K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $234,306 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $110,980$35,000
I-9 Program service revenuePrior year $234,033$199,306
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $345,013$234,306
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $165,901$92,020
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $162,346$170,647
I-18 Total expensesPrior year $328,247$262,667
I-19 Revenue less expensesPrior year $16,766−$28,361
Part VI · Governance 4 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $234,306 across 5 lines filed
VIII-1e Government grants$35,000
VIII-1h Total contributions, gifts and grants$35,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $199,306$199,306
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $199,306 · Unrelated business $0 · Excluded from tax $0$234,306
Part IX · Statement of functional expenses $262,667 across 16 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $17,447$17,447
IX-7 Other salaries and wagesPrograms $66,735$66,735
IX-10 Payroll taxesPrograms $7,838$7,838
IX-11b Legal feesManagement $1,480$1,480
IX-11c Accounting feesManagement $2,530$2,530
IX-11g Other fees for servicesPrograms $3,927$3,927
IX-12 Advertising and promotionPrograms $1,200$1,200
IX-13 Office expensesPrograms $792 · Management $2,922$3,714
IX-14 Information technologyPrograms $1,329$1,329
IX-16 OccupancyPrograms $115,301$115,301
IX-17 TravelManagement $346$345
IX-19 Conferences, conventions and meetingsPrograms $3,175$3,175
IX-20 InterestManagement $3,047$3,047
IX-22 Depreciation, depletion and amortizationManagement $5,276$5,276
IX-23 InsurancePrograms $5,880$5,880
IX-24 Other expenses (24a–d)Programs $23,443$23,443
IX-25 Total functional expensesPrograms $247,067 · Management $15,601 · Fundraising $0$262,667
Part X · Balance sheet $246,815 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $50,900$31,642
X-8 Inventories for sale or use$1,143
X-10c Land, buildings and equipment, netStart of year $209,600$204,324
X-15 Other assets$9,706
X-16 Total assetsStart of year $265,932$246,815
X-17 Accounts payable and accrued expenses$11,888
X-22 Loans from officers and insidersStart of year $30,080$37,080
X-23 Secured mortgages and notes payableStart of year $153,042$151,598
X-24 Unsecured notes and loans payableStart of year $10,100$1,900
X-26 Total liabilitiesStart of year $193,222$202,466
X-27 Net assets without donor restrictionsStart of year $72,710$44,349
X-32 Total net assets or fund balancesStart of year $72,710$44,349
X-33 Total liabilities and net assetsStart of year $265,932$246,815
Part XI · Reconciliation of net assets $44,349 net assets at year end
XI-1 Total revenue$234,306
XI-2 Total expenses$262,667
XI-3 Revenue less expenses−$28,361
XI-4 Net assets at start of year$72,710
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$44,349

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.

Featured nonprofit jobs

All nonprofit jobs → · Hiring? Post a job →