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CHARITY REVIEW
Issued: December 2025 Expires: December 2027

iMentor

Standards Not Met
Standards Not Met
6 14
(212) 461-4330
199 Water Street, 8th Floor
New York, NY, 10038
https://imentor.org
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

iMentor does not meet the following 2 Standards for Charity Accountability:

Standard 6 (Board Policy on Effectiveness)
Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.

iMentor does not meet this Standard because:

  • The organization's effectiveness assessment policy does not specify that this assessment will take place at least once Every 2 Years.

Standard 14 (Budget)
Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fund raising, and administration.

iMentor does not meet this Standard because, when the organization provided 2025 budget information, it indicated that the budget:

  • Did not identify total projected program service expenses.
  • Did not identify total projected fundraising expenses.
  • Did not identify total projected administrative expenses.

iMentor meets the remaining 18 Standards for Charity Accountability.

Stated Purpose:
"to build mentoring relationships that empower first-generation students to graduate high school, succeed in college and career, and achieve their ambitions."

Year, State Incorporated:
2001, DE

iMentor reports that it partners with public high schools in low-income communities, where a majority of students served will be first-generation college graduates. The organization matches every student in a school with a college-educated mentor who is integrated into each school's culture. Mentors commit to working with a single student for a minimum of two years and have an option to extend by an additional two years, during which they build their relationship through weekly online communication and monthly in-person meetings and other program activities. iMentor provides support that 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.

For the year ended June 30, 2024, iMentor's program expenses were:

Program services $16,586,961
Total Program Expenses $16,586,961

Chief Executive
Heather D. Wathington, PhD, Chief Executive Officer

Compensation*
$404,184

Chair of the Board
John A. Griffin

Chair's Profession / Business Affiliation
Founder, Blue Ridge Capital

Board Size
14

Paid Staff Size
131

*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Invitations to fund raising events, Grant proposals, Internet, Cryptocurrency, Workplace Giving

Fundraising costs were 13% of related contributions. (Related contributions, which totaled $18,309,906, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on iMentor's audited financial statements for the year ended June 30, 2024.

Source of Funds
Foundations $8,018,802
Board giving $4,408,431
Individual contributions $3,478,153
Corporate contributions $2,146,907
School, district and partner fees $2,000,494
Investment return $1,732,207
Special event income, net $209,393
Other income $105,550
In-kind contributions $48,220
Total Income $22,148,157

Programs: 75% Fundraising: 10% Administrative: 15%

Total Income $22,148,157
Total expenses: $22,134,875
  Program expenses $16,586,961
  Fundraising expenses $2,300,420
  Administrative expenses $3,247,494
  Other expenses $0
Income in Excess of Expenses $13,282
Beginning Net Assets $30,494,707
Other Changes In Net Assets $0
Ending Net Assets $30,507,989
Total Liabilities $13,092,335
Total Assets $43,600,324

Note: According to iMentor's audited financial statements for the year ended June 30, 2024, the organization received in-kind contributions totaling $48,220 in the form of donated legal services.

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Wise Giving Alliance