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New Jersey · Nonprofit

STRONGMINDS INC

STRONGMINDS INC (New Jersey) receives grants from 64 organizations whose IRS filings report $18,445,577 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($3,067,386). 37 of them have funded it in more than one year.

Revenue FY2024
$9.3M
Funders on record
64
Grants received
$18M
Net assets
$6.8M
37/64 repeat funderspeak grant-dependency 52%
01What it does

What Strongminds Inc does

Mission

Radically expand mental healthcare for people with depression globally.

As stated on its FY2024 Form 990.

Program

On its FY2024 return the organization reported a significant change in how it conducts a program.

At the end of 2024, we ceased a pilot project to test our model in the united states.

Its own explanation, from Schedule O of that return (Part III, line 3).

  1. Strongminds is a social enterprise that radically expands mental healthcare for people with depression globally.our proven, cost-effective model is based on group interpersonal psychotherapy, which we provide free of charge.since our founding in 2013, we have embarked on innovative approaches to deliver this therapy model at scale. In 2024 we treated 426,642 people with depression in uganda, zambia, kenya, nigeria, and ethiopia. At the end of 2024, we ceased a pilot project to test our model in the united states.

    $7,220,414 spentof which $6,557,192 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $7,220,414.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.0M) Expenses 100 ($1.6M) Net assets 100 ($856k)2018 Revenue 140 ($2.7M) Expenses 144 ($2.3M) Net assets 146 ($1.2M)2019 Revenue 270 ($5.3M) Expenses 211 ($3.4M) Net assets 363 ($3.1M)2020 Revenue 256 ($5.0M) Expenses 254 ($4.1M) Net assets 468 ($4.0M)2021 Revenue 475 ($9.3M) Expenses 320 ($5.2M) Net assets 946 ($8.1M)2022 Revenue 414 ($8.1M) Expenses 520 ($8.4M) Net assets 905 ($7.7M)2023 Revenue 447 ($8.7M) Expenses 572 ($9.3M) Net assets 841 ($7.2M)2024 Revenue 475 ($9.3M) Expenses 595 ($9.7M) Net assets 799 ($6.8M)
'17'18'19'20'21'22'23'24
Revenue (475)Expenses (595)Net assets (799)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $4.2M to $8.2M (+94%).

$867k
$1.3M
$3.2M
$4.2M
$8.2M
$7.9M
$7.3M
$7.0M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 3% · 2022 2% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.

97% of STRONGMINDS INC’s revenue is contributions — more donation-reliant than the typical peer (97% for the typical peer).

This organization
Typical peer · 1,679 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$332k
’17
$391k
’18
$1.9M
’19
$896k
’20
$4.1M
’21
−$349k
’22
−$546k
’23
−$362k
’24
7.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Sean Mayberry

Chief executive officer

Board chair

Carol Squire

Board chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed88121415121515
Joined·+0+5+3+2+0+6+3
No longer listed·0111333
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 11 funders to 28 funders, grant income rose $684k → $2.8M.

23 of 64 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 48% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of STRONGMINDS INC’s funders (the co-funder graph). Top 30 of 64 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

STRONGMINDS INC has a broad base — no single funder exceeds 17% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

52% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund STRONGMINDS INC.

17%
largest funder
38%
top three
~13
effective funders

Largest funder’s share by year: 2017 29% · 2018 31% · 2019 25% · 2020 22% · 2021 16% · 2022 36% · 2023 18% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of STRONGMINDS INC's funders are still giving 3 years after their first grant; 58% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

STRONGMINDS INC draws 98% of its grant income from funders outside New Jersey, across 17 states in all.

ME
IL
NY
MA
NV
PA
NJ
CT
CA
CO
NE
MO
VA
DE
NC
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New Jersey out of state home

Funder states come from each funder’s own filing. $8.9M arriving through sponsors registered in 14 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

STRONGMINDS INC has grown faster than three-quarters of the 1,607 international nonprofits its size.

Operating margin−4% · below the median
Months of reserve7.7mo · above the median
Revenue growth (annualized)25% · top quartile

this organization peer median middle 50% of peers· 1,607 international nonprofits $1M–$10M, FY2024

Organizations like STRONGMINDS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New Jersey

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

75% of spending goes to programs.

Program 75%Management 15%Fundraising 10%

Governance

12
board members
92%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

81%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 6 states

NY
MA
PA
NJ
CT
CA

Screen this organization

A dated, signed PDF of the compliance screen for STRONGMINDS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds STRONGMINDS INC?
STRONGMINDS INC (New Jersey) receives grants from 64 organizations whose IRS filings report $18,445,577 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($3,067,386). 37 of them have funded it in more than one year.
How many funders does STRONGMINDS INC have?
IRS filings report 64 organizations giving $18,445,577 in grants to STRONGMINDS INC, 37 of which have funded it in more than one year.
Who is the largest funder of STRONGMINDS INC?
NATIONAL PHILANTHROPIC TRUST is the largest funder on record, with $3,067,386 in grants. The full list of funders is on this page.
How can an organization like STRONGMINDS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Strongminds →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 64 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing