2023-11-15T11:42:38-06:00 2023-06-30 812950760 SAX LLP 1040 AVENUE OF THE AMERICAS 16TH FLOOR NEW YORK NY 10018 990 2022-07-01 300105507 IMENTOR INC IMEN 2124614330 199 WATER ST 8TH FL NEW YORK NY 10038 HEATHER D WATHINGTON PHD CHIEF EXECUTIVE OFFICER 2124614330 2023-11-15 1 HEATHER WATHINGTON PHD 999009999 0 MIKE SCHALL P02024184 2122682804 2023-11-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z HEATHER WATHINGTON PHD 199 WATER ST 8TH FL NEW YORK NY 10038 23992776 0 X IMENTOR.ORG X 2001 DE EMPOWER STUDENTS TO NAVIGATE HIGH SCHOOL, SUCCEED IN COLLEGE, & ACHIEVE THEIR AMBITIONS. 12 12 221 3798 0 0 18480572 14686277 1551940 1697226 197745 486987 4570 31201 20234827 16901691 0 0 0 0 15153879 16062127 0 70000 2082229 5652207 6080778 20806086 22212905 -571259 -5311214 37583739 43711394 2288031 13216687 35295708 30494707 SEE SCHEDULE O 0 0 16888732 1697226 IMENTOR IS DEMONSTRATING HOW THE STRENGTH OF THE RELATIONSHIP BETWEEN A MENTOR AND MENTEE CAN TRANSLATE INTO MEANINGFUL RESULTS AT A NATIONAL SCALE. THIS YEAR, THE ORGANIZATION SERVED 7,041 STUDENTS IN OVER 50 SCHOOLS ACROSS THE U.S. THIS INCLUDES 2,981 STUDENTS IN NEW YORK CITY, 1,390 STUDENTS IN CHICAGO, 500 STUDENTS IN THE BAY AREA, AND 273 STUDENTS IN BALTIMORE. OF THESE STUDENTS, MORE THAN 2,661 WERE ENROLLED IN IMENTOR'S POST-SECONDARY PROGRAM. IN ADDITION, 1,897 STUDENTS WERE ENROLLED ACROSS THE COUNTRY WITH IMENTOR'S PARTNERSHIP WITH BIG BROTHERS BIG SISTERS (BBBS) AND OTHER LIKE ORGANIZATIONS. 16888732 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 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 90 0 1 221 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY IL CA MD X X SAMUEL WILDER 2124614330 199 WATER ST 8TH FL NEW YORK NY 10038 HEATHER WATHINGTON PHD CHIEF EXECUTIVE OFFICER 40.00 X 370928 0 36460 JANA L REED CHIEF OPERATING OFFICER 40.00 X 282615 0 32733 CELINE PATEL CHIEF EXTERNAL OFFICER 40.00 X 200566 0 28115 NINA LONGINO EXECUTIVE DIRECTOR, CHICAGO 40.00 X 181516 0 15082 PAUL NEHRING CHIEF OF STAFF 40.00 X 171460 0 36298 MARCUS FIELDS EXECUTIVE DIRECTOR, BAY 40.00 X 167258 0 29062 PAUL LIU VICE PRESIDENT OF ENGINEERING 40.00 X 179796 0 52646 JOHN A GRIFFIN CHAIR 2.00 X X 0 0 0 MATTHEW KLEIN SECETARY/TREASURER 2.00 X X 0 0 0 ALEX EHRLICH DIRECTOR 2.00 X 0 0 0 MARK BEZOS DIRECTOR 2.00 X 0 0 0 KAREN PAVLIN DIRECTOR 2.00 X 0 0 0 KIMBERLY HATCHETT DIRECTOR 2.00 X 0 0 0 BIANCA GOTTESMAN DIRECTOR 2.00 X 0 0 0 RICHARD BUERY JR DIRECTOR 2.00 X 0 0 0 GAURAV KAPADIA DIRECTOR (THROUGH 6/23) 2.00 X 0 0 0 DAVID SALTZMAN DIRECTOR 2.00 X 0 0 0 LAWRENCE GRIFF DIRECTOR 2.00 X 0 0 0 JOSH HILL DIRECTOR 2.00 X 0 0 0 JOHN T LYKOURETZOS DIRECTOR (FORMER) 2.00 X 0 0 0 CHARLES BEST DIRECTOR (FORMER) 2.00 X 0 0 0 JULIAN ROBERTSON DIRECTOR (THROUGH 8/22) 2.00 X 0 0 0 1554139 0 230396 7 0 1 0 RESNICK SEAPORT LLC 110 EAST 59TH ST NEW YORK NY 10002 RENT 1224258 RED BLACK TREE DOO ZLARIBORSKA 18 CACAK RI 32000 PLATFORM DESIGN 787000 375 PARK FOOD LLC 375 PARK AVENUE LEVEL A NEW YORK NY 10152 FUNDRAISING EVENTS - VENUE/SPACE 189548 SINU 141 WEST 36TH ST 4S NEW YORK NY 10018 IT NETWORK & MAINTENANCE 176364 DVP PRAXIS LTD 888 KEYSTONE CROSSING INDIANAPOLIS IN 46240 CONSULTING 125000 5 1188916 25000 13472361 744767 14686277 PROGRAM FEES 900099 1697226 1697226 1697226 493685 493685 6836157 6842855 -6698 -6698 -6698 248230 1188916 248230 0 OTHER INCOME 31201 31201 31201 16901691 1697226 0 518188 715461 225273 490188 12651140 9818476 1670739 1161925 305778 257412 18303 30063 1295125 1016339 169560 109226 1094623 834478 163784 96361 100653 100653 70000 70000 54864 54864 889414 526670 110988 251756 68373 40877 4756 22740 835787 566194 219404 50189 1454622 1212330 132878 109414 307402 270878 6640 29884 1027444 1004399 13845 9200 184508 148828 30322 5358 PROGRAM IMPLEMENTATION 781568 776923 4645 STAFF RECRUITING & INIT 189108 156520 20080 12508 OTHER EXPENSE 187035 33135 34940 118960 22212905 16888732 3241944 2082229 2441440 1793627 7365924 2106082 9635396 6893270 289258 176522 6992241 5220528 1710110 1771713 16127901 19967046 13710 11003134 37583739 43711394 1298142 1185390 7143 7100 982746 12024197 2288031 13216687 X 17354970 17452393 17940738 13042314 35295708 30494707 37583739 43711394 -5311214 510213 0 X 0 1 X 1 0 X 19111219 16780787 21128324 18480572 14686277 90187179 19111219 16780787 21128324 18480572 14686277 90187179 19071464 71115715 56964 252790 174957 237359 493685 1215755 196372 39940 341 4570 31201 272424 91675358 8350669 0.77570 0.72490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8168598 760045 8928643 9310458 -1141860 8168598 7734308 1576150 9310458 7185293 549015 7734308 6675566 509727 7185293 1.00000 0 0 65103 38041 27062 489893 388487 101406 6437245 4794000 1643245 1771713 SECURITY DEPOSIT 13710 OPERATING LEASE RIGHT USE OF ASSET 10989424 11003134 OPEARATING LEASE LIABILITY 12024197 12024197 X 17471148 510213 114108 624321 16846827 54864 54864 16901691 22272149 114108 114108 22158041 54864 54864 22212905 PART X, LINE 2: IMENTOR DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY MATERIAL, UNCERTAIN TAX POSITIONS. TAX FILINGS FOR PERIODS ENDING JUNE 30, 2019 AND LATER ARE SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. X X X X X X X 1 EVENT ASSO INC 162 W 56TH ST 405 NEW YORK NY 10019 PROF F/R 0 1437146 70000 1367146 1437146 70000 1367146 CHAMPIONS 1437146 1188916 248230 229016 19214 1437146 1188916 248230 229016 19214 248230 0 X X X X 0 0 0 0 0 0 0 0 0 HEATHER WATHINGTON PHD CHIEF EXECUTIVE OFFICER 370928 0 0 0 0 0 19000 0 17460 0 407388 0 0 0 JANA L REED CHIEF OPERATING OFFICER 282615 0 0 0 0 0 25869 0 6864 0 315348 0 0 0 CELINE PATEL CHIEF EXTERNAL OFFICER 200566 0 0 0 0 0 20222 0 7893 0 228681 0 0 0 NINA LONGINO EXECUTIVE DIRECTOR, CHICAGO 181516 0 0 0 0 0 7063 0 8019 0 196598 0 0 0 PAUL NEHRING CHIEF OF STAFF 171460 0 0 0 0 0 15508 0 20790 0 207758 0 0 0 MARCUS FIELDS EXECUTIVE DIRECTOR, BAY 167258 0 0 0 0 0 12454 0 16608 0 196320 0 0 0 PAUL LIU VICE PRESIDENT OF ENGINEERING 179796 0 0 0 0 0 19994 0 32652 0 232442 0 0 0 X 8 744767 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 LINE 2 EXPLANATION - KIMBERLY HATCHETT & KAREN PAVLIN ARE SISTERS. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWED A DRAFT OF THE FORM 990 WITH THE AUDIT/FINANCE COMMITTEE AND PROVIDED EDITS TO THE TAX PREPARER. AFTER THIS PROCESS WAS PERFORMED, THE FORM 990 WAS SENT TO THE FULL BOARD OF DIRECTORS PRIOR TO BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A BOARD APPROVED CONFLICTS OF INTEREST POLICY. EACH BOARD MEMBER MUST FILL OUT AN ANNUAL DECLARATION STATING THEY HAD NO CONFLICTS OR IDENTIFYING THE NATURE OF THEIR INTERESTED PARTY TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 THE IMENTOR PERSONNEL COMMITTEE ANNUALLY EVALUATES THE CEO ON THEIR PERFORMANCE AND ASKS FOR THEIR INPUT ON MATTERS OF PERFORMANCE AND COMPENSATION. THE PERSONNEL COMMITTEE, WITH ASSISTANCE FROM THE CHIEF TALENT & EQUITY OFFICER ("CTEO"), CHIEF OPERATING OFFICER ("COO") AND THE CEO GATHER CURRENT SALARIES, COMPARABLE SALARIES FROM LIKE ORGANIZATIONS (SIMILAR IN MISSION, SIZE, BUDGET, AND GEOGRAPHICAL LOCATION) FOR LIKE POSITION (WITH SIMILAR PROFESSIONAL QUALIFICATIONS AND JOB DUTIES), AND SALARY HISTORY FOR THE CEO AND OTHER HIGHLY COMPENSATED OR KEY EMPLOYEES UNDER EVALUATION. THE CTEO AND COO MEET WITH THE PERSONNEL COMMITTEE TO DISCUSS ANY QUESTIONS AND PROVIDE ADDITIONAL INFORMATION AND RESEARCH AS NEEDED TO SUPPORT THE EVALUATION. THE IMENTOR PERSONNEL COMMITTEE OBTAINS AND EVALUATES RESEARCH AND INFORMATION TO MAKE A RECOMMENDATION TO THE FULL BOARD FOR THE COMPENSATION (SALARY, BENEFITS, ANY DISCRETIONARY OR PERFORMANCE-BASED BONUS, AND ANY OTHER COMPENSATION OR BENEFIT) OF THE CEO (AND OTHER HIGHLY COMPENSATED EMPLOYEES OR KEY EMPLOYEES) BASED ON A REVIEW OF COMPARABILITY DATA. FOR EXAMPLE, THE PERSONNEL COMMITTEE WILL SECURE DATA THAT DOCUMENTS COMPENSATION LEVELS AND BENEFITS FOR SIMILARLY QUALIFIED INDIVIDUALS IN COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS. THIS DATA MAY INCLUDE THE FOLLOWING: 1. SALARY AND BENEFIT COMPENSATION STUDIES BY INDEPENDENT SOURCES; 2. ACTUAL WRITTEN JOB OFFERS FOR POSITIONS AT SIMILAR ORGANIZATIONS COMPETING FOR THE CEO'S SERVICES; 3. DOCUMENTED TELEPHONE CALLS AND EMAIL COMMUNICATIONS ABOUT SIMILAR POSITIONS AT BOTH NONPROFIT AND FOR-PROFIT ORGANIZATIONS; AND 4. INFORMATION OBTAINED FROM THE IRS FORM 990 FILINGS OF SIMILAR ORGANIZATIONS. THE PERSONNEL COMMITTEE MAKES ITS RECOMMENDATION TO THE BOARD IN AN EXECUTIVE SESSION. THE PERSONNEL COMMITTEE THEN INFORMS THE CTEO AND COO OF THE BOARD'S COMPENSATION DECISION, WHICH THE CTEO AND COO COMMUNICATES TO THE CEO. ANY PERFORMANCE-BASED BONUS AWARDED TO THE CEO IS GRANTED AT THE DISCRETION OF THE BOARD AND SUBJECT TO THIS POLICY. SALARIES ARE FINALIZED IN CONJUNCTION WITH THE PERFORMANCE EVALUATIONS FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART III, LINE 1: THE ORGANIZATION'S MISSION INNOVATING FOR COLLEGE SUCCESS: IMENTOR PARTNERS WITH PUBLIC HIGH SCHOOLS IN LOW-INCOME COMMUNITIES, WHERE A MAJORITY OF STUDENTS SERVED WILL BE FIRST-GENERATION COLLEGE GRADUATES. WE BUILD MENTORING RELATIONSHIPS, WHICH EMPOWER STUDENTS TO NAVIGATE HIGH SCHOOL, SUCCEED IN COLLEGE, AND ACHIEVE THEIR AMBITIONS. SINCE 1999, WE HAVE MATCHED MORE THAN 42,000 STUDENTS ACROSS THE COUNTRY WITH MENTORS. OUR MODEL: WHOLE-SCHOOL MODEL: WE MATCH EVERY STUDENT IN A SCHOOL WITH A COLLEGE-EDUCATED MENTOR WHO IS DEEPLY INTEGRATED INTO EACH SCHOOL'S CULTURE. LONG-TERM MENTORING RELATIONSHIPS: MENTORS COMMIT TO WORKING WITH A SINGLE STUDENT FOR A MINIMUM OF THREE YEARS, BUILDING THEIR RELATIONSHIPS THROUGH WEEKLY ONLINE COMMUNICATION AND MONTHLY IN-PERSON MEETINGS. CURRICULUM AND STAFF SUPPORT: WE PROVIDE THE EXPERTISE AND SUPPORT MENTORS NEED TO BE EFFECTIVE, INCLUDING A COLLEGE SUCCESS CURRICULUM THAT GUIDES EACH WEEKLY INTERACTION AND A FULL-TIME STAFF MEMBER RESPONSIBLE FOR THE SUCCESS OF THE RELATIONSHIP. PERSONALIZED GUIDANCE: MENTORS GAIN A HOLISTIC UNDERSTANDING OF THEIR MENTEE'S INDIVIDUAL TALENTS, ASPIRATIONS, AND CHALLENGES, WHICH ALLOWS THEM TO PROVIDE A LEVEL OF PERSONALIZED SUPPORT THAT COULD NOT BE ACHIEVED THROUGH TRADITIONAL SCHOOL COUNSELING ALONE. OUR IMPACT: IMENTOR IS DEMONSTRATING HOW THE STRENGTH OF THE RELATIONSHIP BETWEEN A MENTOR AND MENTEE CAN TRANSLATE INTO MEANINGFUL RESULTS AT A NATIONAL SCALE. THIS YEAR, THE ORGANIZATION SERVED 7,041 STUDENTS IN OVER 50 SCHOOLS ACROSS THE U.S. THIS INCLUDES 2,981 STUDENTS IN NEW YORK CITY, 1,390 STUDENTS IN CHICAGO, 500 STUDENTS IN THE BAY AREA, AND 273 STUDENTS IN BALTIMORE. OF THESE STUDENTS, MORE THAN 2,661 WERE ENROLLED IN IMENTOR'S POST-SECONDARY PROGRAM. IN ADDITION, 1,897 STUDENTS WERE ENROLLED ACROSS THE COUNTRY WITH IMENTOR'S PARTNERSHIP WITH BIG BROTHERS BIG SISTERS (BBBS) AND OTHER LIKE ORGANIZATIONS.