2023-10-24T14:00:23-05:00 2022-12-31 061667465 PRAGER METIS CPAS LLC 1951 KIDWELL DRIVE SUITE 200 TYSONS CORNER VA 22182 990 2022-01-01 823616589 PROJECT HEALTHY MINDS PROJ 7327579620 PO BOX 8073 NEW YORK NY 10116 ALEXANDER JILLA CHIEF FINANCIAL OFFICER 7327579620 2023-10-18 1 ALEXANDER JILLA 999009999 0 HIN CHIU LO P00968200 7038210702 2023-10-06 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ALEXANDER JILLA PO BOX 8073 NEW YORK NY 10116 704882 0 X WWW.PROJECTHEALTHYMINDS.COM X 2017 PA NON-PROFIT FOCUSED ON CLOSING THE MENTAL HEALTH TREATMENT GAP. 18 17 2 35 0 0 2467634 693382 35000 11500 0 0 0 0 2502634 704882 0 0 0 0 0 176024 0 0 157682 37157 196656 37157 372680 2465477 332202 3031304 3282709 212 4815 3031092 3277894 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 110087 11500 PROJECT HEALTHY MINDS HAS ACCOMPLISHED MANY THINGS DURING THE COURSE OF 2022. SOME OF THE HIGHLIGHTS ARE AS FOLLOWS:- A SECOND GENERATION VERSION OF THE DIGITAL DISCOVERY PLATFORM WAS BUILT AND RELEASED. 192,761 PEOPLE USED THE DIGITAL EXPERIENCE TO FIND MENTAL HEALTH SERVICES.- PROJECT HEALTHY MINDS BEGAN ITS PUBLIC ANTI-STIGMA CAMPAIGNS BY PARTNERING WITH CELEBRITIES TO SHARE THEIR MENTAL HEALTH STORIES PUBLICLY- PROJECT HEALTHY MINDS DEVELOPED AND LAUNCHED ITS CORPORATE MENTAL HEALTH TRAINING PROGRAM- PROJECT HEALTHY MINDS GREW ITS YOUTH MENTAL HEALTH RESEARCH PROGRAM, WORKING WITH ITS SCIENTIFIC ADVISORS. 110087 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 2 1 0 0 0 0 0 0 0 0 0 0 X 18 17 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 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 40.00 X X 126042 0 0 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 126042 0 0 1 0 0 0 0 693382 693382 TRAINING SESSIONS 611710 11500 11500 11500 704882 11500 0 0 X 126042 33334 33334 59374 36683 9702 9702 17279 13299 3517 3517 6265 7093 7093 20608 20608 81755 21755 60000 41368 41368 15410 1443 13967 22604 22604 3780 3780 OUTSIDE SERVICES 4038 411 2830 797 372680 110087 104911 157682 2684071 2989957 58019 13767 378800 157834 347233 220966 3031304 3282709 212 4815 212 4815 X 1191949 1630611 1839143 1647283 3031092 3277894 3031304 3282709 X 332202 -85400 X X 0 1 X 1 0 X 20000 226462 2467634 693382 3407478 35000 11500 46500 20000 226462 2502634 704882 3453978 10000 173840 636675 475870 1296385 0 10000 173840 636675 475870 1296385 2157593 20000 226462 2502634 704882 3453978 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 378800 157834 220966 220966 1146200 441318 441318 704882 0 704882 899398 526718 526718 372680 0 372680 1 TAMAR PODELL 825 W END AVE MANHATTAN NEW YORK NY 10025 FUNDRAISING 0 14057 60000 -45943 14057 60000 -45943 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, BARRY HERMAN. 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. IN 2022, THIS PROCESS WAS ONLY UNDERTAKEN ONCE FOR THE CEO. 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 21,755. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 60,000. TOTAL EXPENSES 81,755. FORM 990, PART XI, LINE 9: ACCUMULATED AMORTIZATION -126,267. IN KIND CONTRIBUTION RECEIVABLE 40,867. 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.