2024-11-13T09:03:45-06:00 2023-12-31 061667465 PRAGER METIS CPAS LLC 1951 KIDWELL DRIVE SUITE 200 TYSONS CORNER VA 22182 990 2023-01-01 823616589 PROJECT HEALTHY MINDS PROJ 7327579620 PO BOX 8073 NEW YORK NY 10116 ALEXANDER JILLA CHIEF FINANCIAL OFFICER 7327579620 2024-11-13 1 0 HIN CHIU LO P00968200 7038210702 2024-11-13 2023 2024-10-15 13:58:12Z ALEXANDER JILLA PO BOX 8073 NEW YORK NY 10116 3845447 0 X WWW.PROJECTHEALTHYMINDS.COM X 2017 PA NON-PROFIT FOCUSED ON CLOSING THE MENTAL HEALTH TREATMENT GAP. 17 16 6 10 0 0 693382 2366682 11500 35689 0 0 0 210253 704882 2612624 0 0 0 0 176024 614557 0 172500 449883 196656 671465 372680 1458522 332202 1154102 3282709 4272350 4815 7508 3277894 4264842 PROJECT HEALTHY MINDS IS A NEW MILLENNIAL /GEN Z-DRIVEN NON-PROFIT STARTUP FOCUSED ON TACKLING ONE OF THE DEFINING ISSUES OF OUR GENERATION: THE GROWING MENTAL HEALTH CRISIS 0 0 685670 35689 PROJECT HEALTHY MINDS HAS ACCOMPLISHED MANY THINGS DURING THE COURSE OF 2023. SOME OF THE HIGHLIGHTS ARE AS FOLLOWS:1. WE CONTINUED TO SERVE THOUSANDS OF AMERICANS THROUGH OUR DIGITAL PLATFORM BY CONNECTING THEM TO LIFE-SAVING MENTAL HEALTH SERVICES.2. WE SCALED OUR SIGNATURE ANTI-STIGMA/ADVOCACY PROGRAM - PRODUCING THE LARGEST FESTIVAL IN THE WORLD FOR WORLD MENTAL HEALTH DAY FEATURING THE SURGEON GENERAL, PRINCE HARRY, MEGHAN MARKLE, AND OTHERS3. WE GREW OUR CORPORATE ADVOCACY PROGRAM - WORKING WITH COMPANIES TO LAUNCH NEW PROGRAMS TO IMPROVE WORKFORCE MENTAL HEALTH 685670 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 15 0 1 6 1 0 0 0 0 0 1 1 0 0 0 0 X 17 16 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 1 0 0 AL AK CA CT CO DE FL IL KY NY ME MD MA MI NJ NM OH OR PA RI SC VA WA WI X ALEXANDER JILLA 7327579620 PO BOX 8073 NEW YORK NY 10116 AARON DWORKIN DIRECTOR 2.00 X 0 0 0 ANDY SEKEL DIRECTOR 2.00 X 0 0 0 BRIAN OFFUTT DIRECTOR 2.00 X 0 0 0 CARSON DALY DIRECTOR 2.00 X 0 0 0 CHRIS ZAROU DIRECTOR 2.00 X 0 0 0 DR BARRY HERMAN TERM END 121 DIRECTOR 2.00 X 0 0 0 DR SUKU NAGENDRAN DIRECTOR 2.00 X 0 0 0 JACQUI CANNEY DIRECTOR 2.00 X 0 0 0 LISA LICHT DIRECTOR 2.00 X 0 0 0 LISA STONE PRITZKER DIRECTOR 2.00 X 0 0 0 MICHAEL KASSAN DIRECTOR 2.00 X 0 0 0 SALLY YATES DIRECTOR 2.00 X 0 0 0 STAN GALANSKI DIRECTOR 2.00 X 0 0 0 TERA HANKS DIRECTOR 2.00 X 0 0 0 PHILLIP SCHERMER PRESIDENT & CEO 40.00 X X 257924 0 7107 BILL KOLB DIRECTOR 2.00 X 0 0 0 KALEN JACKSON DIRECTOR 2.00 X 0 0 0 JEFF YABUKI DIRECTOR 2.00 X 0 0 0 257924 0 7107 1 0 1 0 TAMAR PODELL 825 W END AVE MANHATTAN NEW YORK NY 10025 FUNDRAISING 172500 ALLISAN SALAZAR 11016 SILO VALLEY DR AUSTIN TX 78754 CREATIVE STRATEGY AND PRODUCTION 116875 2 2366682 62336 2366682 TRAINING SESSIONS 611710 35689 35689 35689 1443076 1232823 210253 210253 2612624 35689 0 210253 X 265030 150137 47367 67526 308980 175034 55222 78724 813 460 145 208 39734 22509 7101 10124 40290 40290 172500 172500 345416 270466 74950 67064 67064 74919 29495 45424 68593 68593 15528 15528 CHARITABLE FILING FEE 37153 37153 BANKING AND MERCHANT FE 19979 19979 OUTSIDE SERVICES 2523 2096 427 1458522 685670 322969 449883 2989957 3550368 58019 622325 13767 4958 378800 284101 220966 94699 3282709 4272350 4815 7508 4815 7508 X 1630611 2176234 1647283 2088608 3277894 4264842 3282709 4272350 X 1154102 -167154 X X 0 1 X 1 0 X 20000 226462 2467634 693382 2366682 5774160 35000 11500 35689 82189 1443076 1443076 20000 226462 2502634 704882 3845447 7299425 10000 173840 636675 475870 1145175 2441560 0 10000 173840 636675 475870 1145175 2441560 4857865 20000 226462 2502634 704882 3845447 7299425 0.66550 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 378800 284101 94699 94699 4903733 1058286 1058286 3845447 -1232823 -1232823 2612624 3916785 1225440 1225440 2691345 -1232823 -1232823 1458522 PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES PART XII, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES X 1 TAMAR PODELL 825 W END AVE MANHATTAN NEW YORK NY 10025 FUNDRAISING 0 1904879 172500 1732379 1904879 172500 1732379 WORLD MENTAL HEALTH DAY GALA 1443076 1443076 1232823 1443076 1443076 1232823 1232823 210253 X X 0 0 0 0 0 0 0 0 0 PHILLIP SCHERMER PRESIDENT & CEO 257924 0 0 0 0 0 0 0 7107 0 265031 0 0 0 X 2 62336 FAIR MARKET VALUE 0 0 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS IS THE TOTAL NUMBER OF DONORS THAT CONTRIBUTED STOCKS DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS A NOMINATING COMMITTEE THAT IS COMPOSED OF MEMBERS OF THE BOARD OF DIRECTORS. THE NOMINATING COMMITTEE INCLUDES: AARON DWORKIN (COMMITTEE CHAIR), BRIAN OFFUTT, TERA HANKS, LISA PRITZKER, MICHAEL KASSAN, CHRIS ZAROU. THE NOMINATING COMMITTEE MEETS ONCE A MONTH TO REVIEW A LIST OF CANDIDATES FOR THE BOARD OF DIRECTORS OR ADVISORY COUNCIL THAT THEY FEEL WOULD BE A STRATEGIC AND CULTURAL FIT FOR THE ORGANIZATION. THE COMMITTEE DISCUSSES POTENTIAL PATHWAYS TO VARIOUS CANDIDATES, AS WELL AS ADDITIONAL IDEAS AND CONSIDERATIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS AVAILABLE TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C WHEN NEW BOARD MEMBERS ARE ELECTED TO THE BOARD OF DIRECTORS, AS PART OF THE ON-BOARDING PROCESS, THE CONFLICT OF INTEREST POLICY IS REVIEWED AND SIGNED BY THE BOARD MEMBER. ALL BOARD MEMBERS THEN REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A PROJECT HEALTHY MINDS ESTABLISHED A BOARD OF DIRECTORS LEVEL PEOPLE COMMITTEE THAT INCLUDED INDEPENDENT DIRECTORS.THE BOARD OF DIRECTORS PASSED A RESOLUTION TO EMPOWER THE PEOPLE COMMITTEE TO NEGOTIATE THE HIRING AND ESTABLISH AND NEGOTIATE THE COMPENSATION PACKAGE OF THE CEO. THE PEOPLE COMMITTEE INCLUDED A 3X CHIEF HUMAN RESOURCES OFFICER WHO HAS SERVED AT LARGE PUBLICLY TRADED COMPANIES, A FORMER FOUNDER AND LONGTIME CEO OF A PROMINENT NON-PROFIT ORGANIZATION, AND THE PRESIDENT AND FORMER CORPORATE EXECUTIVE OF A LARGE AND HIGHLY REGARDED START-UP COMPANY. THE PEOPLE COMMITTEE GATHERED, REVIEWED, AND DISCUSSED DATA ON COMPENSATION FROM COMPARABLE ORGANIZATIONS. A ROBUST PROCESS OF NEGOTIATION OF THE EMPLOYMENT CONTRACT AND ITS KEY TERMS WAS UNDERTAKEN BETWEEN THE PEOPLE COMMITTEE, ADVISED BY ITS OUTSIDE LEGAL COUNSEL AT CURTIS, MALLET-PREVOST, AND THE FOUNDER & CEO OF PROJECT HEALTHY MINDS. THE PEOPLE COMMITTEE PROVIDED AN UPDATE AT THE JULY 2022 BOARD MEETING TO THE FULL BOARD OF DIRECTORS, WHERE THE FULL BOARD OF DIRECTORS VOTED UNANIMOUSLY TO REAFFIRM THE DECISION OF THE PEOPLE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTORS: PROGRAM SERVICE EXPENSES 270,466. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 74,950. TOTAL EXPENSES 345,416. FORM 990, PART XI, LINE 9: ACCUMULATED AMORTIZATION -126,267. IN KIND CONTRIBUTION RECEIVABLE -40,887. FORM 990, PART XII, LINE 1: THE ORGANIZATION CHANGES ITS ACCOUNTING METHOD TO COMPLY WITH THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) STATEMENT OF FINANCIAL ACCOUNTING STANDARDS 116, ACCOUNTING FOR CONTRIBUTIONS RECEIVED AND CONTRIBUTIONS MADE.