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Nonprofit · EIN 45-3818994

CREATING YOUNG MINDS

Tax-exempt · LAKE DALLAS, TX 75065

Financials

$155K$168K2022$47K$69K2023$49K$46K2024
Revenue Expenses · by fiscal year end
Financials of CREATING YOUNG MINDS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$49,496$46,126$3,370$3,374$60,300-$56,926
December 31, 2023990-EZ$46,764$68,897-$22,133$4$60,300-$60,296
December 31, 2022990-EZ$155,135$168,309-$13,174$30,204$60,300-$30,096
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$42,506
Program service revenue
$6,990

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$2,300
Occupancy
$18,759
Other expenses
$25,067
Program services (functional)
$43,483

Balance sheet and other

Total assets, start of year
$4
Total assets, end of year
$3,374
Total liabilities, end of year
$60,300
Net assets, end of year
-$56,926
Cash, savings and investments
$3,374
Gross receipts
$49,496

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MATHIS CROWDERPRESIDENT50$0
SHIRA A ACKERMANACADEMIC DIR50$0
CHARLEY BROWNDIRECTOR10$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
MATHIS CROWDERPRESIDENT50$0
SHIRA A ACKERMANACADEMIC DIR50$0
CHARLEY BROWNDIRECTOR10$0
990-EZ for the year ended December 31, 2022: 3 people
NameTitleHours / weekCompensation
MATHIS CROWDERPRESIDENT50$0
SHIRA A ACKERMANACADEMIC DIR50$0
CHARLEY BROWNDIRECTOR10$0

Address and contacts

Address (IRS master file)
737 BLACK WALNUT DR, LAKE DALLAS, TX 75065-2227
In care of
% SHIRA A ACKERMAN
Signed the 990-EZ
SHIRA A ACKERMAN, ACADEMIC DIRECTOR
Phone
(201) 923-9039
Return prepared by
RUCHI GUPTA CPA LLC

Mission

VISION: OUR VISION IS FOR THE YOUNG MEN LIVING IN OUR COMMUNITIES TO GAIN A BROADER APPRECIATION FOR SELF AND OTHERS, EDUCATION, AND ATHLETICS THROUGH BASKETBALL, SCHOOL, SUPPORT AND GUIDANCE. OUR MISSION IS TO TEACH YOUNG MEN ABOUT THE IMPORTANCE OF EDUCATION, HARD WORK AND BEING HUMBLE IN ALL ASPECTS OF LIFE. CREATING YOUNG MINDSTM EMPHASIZES EDUCATION, CHARACTER, AND RESPONSIBILITY. DURING 2024, WE HELPED OVER 150 KIDS AND YOUNG MEN BETWEEN THE AGES OF 6 AND 30 FROM MULTIPLE STATES ACROSS THE UNITED STATES. WE PROVIDED FIVE FREE YOUTH CAMPS, A TOY DRIVE, AND THREE FOOD DRIVES FOR FAMILIES IN NEED WITHIN OUR COMMUNITY. OUR YOUNG MEN COMPETED IN ELEVEN BASKETBALL EVENTS TO SHOWCASE THEIR SKILLS BOTH ON AND OFF THE COURT IN FRONT OF COLLEGE COACHES AND SCOUTS, AS WELL AS PROFESSIONAL BASKETBALL COACHES, SCOUTS, AND AGENTS. FIVE OF THE YOUNG MEN EARNED COLLEGE SCHOLARSHIPS TO PLAY BASKETBALL AT THE COLLEGIATE AND UNIVERSITY LEVEL. ANOTHER FIFTEEN OF THE YOUNG MEN EARNED CONTRACTS TO PLA

990-EZ for the year ended December 31, 2024

Program accomplishments

  • VISION: OUR VISION IS FOR THE YOUNG MEN LIVING IN OUR COMMUNITIES TO GAIN A BROADER APPRECIATION FOR SELF AND OTHERS, EDUCATION, AND ATHLETICS THROUGH BASKETBALL, SCHOOL, SUPPORT AND GUIDANCE. OUR MISSION IS TO TEACH YOUNG MEN ABOUT THE IMPORTANCE OF EDUCATION, HARD WORK AND BEING HUMBLE IN ALL ASPECTS OF LIFE. CREATING YOUNG MINDSTM EMPHASIZES EDUCATION, CHARACTER, AND RESPONSIBILITY. DURING 2024, WE HELPED OVER 150 KIDS AND YOUNG MEN BETWEEN THE AGES OF 6 AND 30 FROM MULTIPLE STATES ACROSS THE UNITED STATES. WE PROVIDED FIVE FREE YOUTH CAMPS, A TOY DRIVE, AND THREE FOOD DRIVES FOR FAMILIES IN NEED WITHIN OUR COMMUNITY. OUR YOUNG MEN COMPETED IN ELEVEN BASKETBALL EVENTS TO SHOWCASE THEIR SKILLS BOTH ON AND OFF THE COURT IN FRONT OF COLLEGE COACHES AND SCOUTS, AS WELL AS PROFESSIONAL BASKETBALL COACHES, SCOUTS, AND AGENTS. FIVE OF THE YOUNG MEN EARNED COLLEGE SCHOLARSHIPS TO PLAY BASKETBALL AT THE COLLEGIATE AND UNIVERSITY LEVEL. ANOTHER FIFTEEN OF THE YOUNG MEN EARNED CONTRACTS TO PLAY PROFESSIONAL BASKETBALL AROUND THE WORLD. DURING THIS PAST YEAR, WE ALSO HELPED THREE OF THE YOUNG MEN MAINTAIN THEIR OWN BUSINESSES, INCLUDING A LAWN COMPANY, PERSONAL TRAINING, AND BASKETBALL COACHING.
    Expenses $32,774
  • VISION: OUR VISION IS FOR THE YOUNG MEN LIVING IN OUR COMMUNITIES TO GAIN A BROADER APPRECIATION FOR SELF AND OTHERS, EDUCATION, AND ATHLETICS THROUGH BASKETBALL, SCHOOL, SUPPORT AND GUIDANCE. OUR MISSION IS TO TEACH YOUNG MEN ABOUT THE IMPORTANCE OF EDUCATION, HARD WORK AND BEING HUMBLE IN ALL ASPECTS OF LIFE. CREATING YOUNG MINDSTM EMPHASIZES EDUCATION, CHARACTER, AND RESPONSIBILITY. DURING 2024, WE HELPED OVER 150 KIDS AND YOUNG MEN BETWEEN THE AGES OF 6 AND 30 FROM MULTIPLE STATES ACROSS THE UNITED STATES. WE PROVIDED FIVE FREE YOUTH CAMPS, A TOY DRIVE, AND THREE FOOD DRIVES FOR FAMILIES IN NEED WITHIN OUR COMMUNITY. OUR YOUNG MEN COMPETED IN ELEVEN BASKETBALL EVENTS TO SHOWCASE THEIR SKILLS BOTH ON AND OFF THE COURT IN FRONT OF COLLEGE COACHES AND SCOUTS, AS WELL AS PROFESSIONAL BASKETBALL COACHES, SCOUTS, AND AGENTS. FIVE OF THE YOUNG MEN EARNED COLLEGE SCHOLARSHIPS TO PLAY BASKETBALL AT THE COLLEGIATE AND UNIVERSITY LEVEL. ANOTHER FIFTEEN OF THE YOUNG MEN EARNED CONTRACTS TO PLAY PROFESSIONAL BASKETBALL AROUND THE WORLD. DURING THIS PAST YEAR, WE ALSO HELPED THREE OF THE YOUNG MEN MAINTAIN THEIR OWN BUSINESSES, INCLUDING A LAWN COMPANY, PERSONAL TRAINING, AND BASKETBALL COACHING.
    Expenses $10,709

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
45-3818994
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B90)
Assets (IRS master file)
$3,374
Income (IRS master file)
$49,496

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$49,496$46,126$3,374XML
990-EZDecember 2023$46,764$68,897$4XML
990-EZDecember 2022$155,135$168,309$30,204XML
990December 2021–––IRS
990December 2020–––IRS
990-EZDecember 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-3818994).

Questions about CREATING YOUNG MINDS

What is the EIN of CREATING YOUNG MINDS?
The employer identification number (EIN) of CREATING YOUNG MINDS is 45-3818994.
Is CREATING YOUNG MINDS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to CREATING YOUNG MINDS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CREATING YOUNG MINDS file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of CREATING YOUNG MINDS due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CREATING YOUNG MINDS last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of CREATING YOUNG MINDS?
The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does CREATING YOUNG MINDS have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $49,496, expenses of $46,126 and total assets of $3,374 at year end.

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