2026-09-09T08:09:43-05:00 2025-12-31 061667465 PRAGER METIS CPAS LLC 1951 KIDWELL DRIVE SUITE 200 TYSONS CORNER VA 22182 990 2025-01-01 823616589 PROJECT HEALTHY MINDS PROJ 7327579620 PO BOX 8073 NEW YORK NY 10116 ALEXANDER JILLA CHIEF FINANCIAL OFFICER 7327579620 2026-09-03 1 HIN CHIU LO P00968200 7038210702 2026-09-02 2025 ALEXANDER JILLA PO BOX 8073 NEW YORK NY 10116 19869880 0 X WWW.PROJECTHEALTHYMINDS.COM X 2017 PA NON-PROFIT FOCUSED ON CLOSING THE MENTAL HEALTH TREATMENT GAP. 20 19 16 24 0 0 4620999 19762905 36500 32500 93060 74475 -681235 -1142328 4069324 18727552 0 0 0 0 1490505 2547060 0 37004 916494 2212883 2956738 3703388 5540802 365936 13186750 4754098 18364301 218019 641472 4536079 17722829 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 3895855 32500 PROJECT HEALTHY MINDS HAS ACCOMPLISHED MANY THINGS DURING THE COURSE OF 2025. 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 CONTINUED TO SCALE OUR SIGNATURE ANTI-STIGMA/ADVOCACY PROGRAM PRODUCING THE LARGEST FESTIVAL IN THE WORLD FOR WORLD MENTAL HEALTH DAY.3. WE GREW OUR CORPORATE ADVOCACY PROGRAM WORKING WITH COMPANIES TO LAUNCH NEW PROGRAMS TO IMPROVE WORKFORCE MENTAL HEALTH. 3895855 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 32 0 1 16 1 0 0 0 0 0 1 1 0 0 0 0 X 20 19 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 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 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 380916 0 14226 BILL KOLB DIRECTOR 2.00 X 0 0 0 JEFF YABUKI DIRECTOR 2.00 X 0 0 0 KALEN IRSAY JACKSON DIRECTOR 2.00 X 0 0 0 MATT FISCHER DIRECTOR 2.00 X 0 0 0 CHRIS ZAROU DIRECTOR 2.00 X 0 0 0 CARSON DALY DIRECTOR 2.00 X 0 0 0 PAUL KNOPP DIRECTOR 2.00 X 0 0 0 JODY GERSON DIRECTOR 2.00 X 0 0 0 VINCENT QUINTEN RIETMEIJER DIRECTOR OF DEVELOPMENT 40.00 X 169721 0 10227 WILLIAM CURRY SCHOOF DIRECTOR OF CORPORATE ADVOCACY 40.00 X 199236 0 10522 ROBERT MALCOLM WARE VP OF PRODUCT 40.00 X 239770 0 20202 NATHAN URBACH VP OF DEVELOPMENT 40.00 X 215460 0 8838 ALLISAN SALAZAR CREATIVE DIRECTOR 40.00 X 181470 0 7908 MELINE QUIGLEY HEAD OF STRATEGY 40.00 X 165157 0 13800 1551730 0 85723 7 0 1 0 STRIDE CONSULTING LLC 601 W 26TH STREET 357 NEW YORK NY 10001 ENGINEERING SERVICE 207060 TAMAR PODELL 825 W END AVE MANHATTAN NEW YORK NY 10025 FUNDRAISING SERVICE 180000 ALEXIS SOLANO 169 MADISON AVENUE PMB 2443 NEW YORK NY 10016 CONSULTING SERVICE 112700 ARIELLE SLATUS LLC 785 WEST END AVENUE 5D NEW YORK NY 10025 ENGINEERING SERVICE 110807 4 3527756 16235149 102641 19762905 TRAINING SESSIONS 611710 32500 32500 32500 74475 74475 0 3527756 1142328 -1142328 -1142328 18727552 32500 0 -1067853 X 395142 275320 28873 90949 1865109 1299539 136283 429287 133886 93286 9783 30817 152923 106551 11174 35198 28839 28839 132579 132579 37004 37004 1467766 1153668 85803 228295 182301 118380 63921 119293 21480 97813 14164 14164 EVENT EXPENSE 917172 917172 OUTSIDE SERVICES 42089 41066 1023 BANKING AND MERCHANT FE 34131 34131 CHARITABLE FILING FEE 18404 18404 5540802 3895855 728453 916494 3395346 3151998 1339700 15149620 19052 46353 397125 380795 0 16330 4754098 18364301 218019 641472 218019 641472 X 3639870 6107209 896209 11615620 4536079 17722829 4754098 18364301 13186750 0 X X 0 1 X 1 0 X 2467634 693382 2366682 4620999 19762905 29911602 35000 11500 35689 36500 32500 151189 1443076 331175 1774251 2502634 704882 3845447 4988674 19795405 31837042 636675 475870 1120175 1435817 1404845 5073382 0 636675 475870 1120175 1435817 1404845 5073382 26763660 93060 74475 167535 93060 74475 167535 2502634 704882 3845447 5081734 19869880 32004577 0.83620 0.67960 0.00520 0.00750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18325 1995 16330 378800 378800 0 16330 21157822 1287942 1287942 19869880 -1142328 -1142328 18727552 7971072 1287942 1287942 6683130 -1142328 -1142328 5540802 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 1801277 180000 1621277 1801277 180000 1621277 WORLD MENTAL HEALTH DAY GALA 3527756 3527756 1142328 3527756 3527756 1142328 1142328 -1142328 X X 0 0 0 0 0 0 0 0 0 PHILLIP SCHERMER PRESIDENT & CEO 380916 0 0 0 0 0 0 0 14226 0 395142 0 0 0 ROBERT MALCOLM WARE VP OF PRODUCT 239770 0 0 0 0 0 0 0 20202 0 259972 0 0 0 NATHAN URBACH VP OF DEVELOPMENT 215460 0 0 0 0 0 0 0 8838 0 224298 0 0 0 WILLIAM CURRY SCHOOF DIRECTOR OF CORPORATE ADVOCACY 199236 0 0 0 0 0 0 0 10522 0 209758 0 0 0 ALLISAN SALAZAR CREATIVE DIRECTOR 181470 0 0 0 0 0 0 0 7908 0 189378 0 0 0 VINCENT QUINTEN RIETMEIJER DIRECTOR OF DEVELOPMENT 169721 0 0 0 0 0 0 0 10227 0 179948 0 0 0 MELINE QUIGLEY HEAD OF STRATEGY 165157 0 0 0 0 0 0 0 13800 0 178957 0 0 0 X 4 102641 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 THE BOARD OF DIRECTORS CONSISTENTLY MONITORS AND REVIEWS THE CONFLICT OF INTEREST POLICY TO ENSURE COMPLIANCE WITH THE POLICY. THE ORGANIZATION'S CONFLICT-OF-INTEREST POLICY COVERS ALL DIRECTORS, OFFICERS, AND KEY EMPLOYEES. COVERED PERSONS MUST DISCLOSE ANY POTENTIAL CONFLICTS ANNUALLY AND AS THEY ARISE. WHEN A POTENTIAL CONFLICT IS IDENTIFIED, IT IS REVIEWED BY THE FULL BOARD OF DIRECTORS, EXCLUDING THE INTERESTED PERSON. THE BOARD DETERMINES WHETHER A CONFLICT EXISTS AND, IF SO, HOW TO PROCEED. INDIVIDUALS WITH A CONFLICT MAY PROVIDE FACTUAL INFORMATION BUT ARE PROHIBITED FROM PARTICIPATING IN DELIBERATIONS OR VOTING. ALL DISCLOSURES AND RECUSALS ARE DOCUMENTED IN THE MEETING MINUTES. IF A CONFLICT IS DISCOVERED AFTER A TRANSACTION HAS OCCURRED, THE BOARD REVIEWS IT AND TAKES CORRECTIVE ACTION AS NEEDED. 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 966,420. MANAGEMENT AND GENERAL EXPENSES 58,801. FUNDRAISING EXPENSES 228,295. TOTAL EXPENSES 1,253,516. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 187,248. MANAGEMENT AND GENERAL EXPENSES 27,002. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 214,250. FORM 990. PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.