Civic Intelligence

Mind Research Institute

990 • Fiscal year 2025 • EIN 33-0798804

Jul 01, 2024 to Jun 30, 2025 • Filed on Dec 09, 2025

Organization ProfileWWW.MINDRESEARCH.ORG

View Organization Page

5281 California Ave Suite 300Irvine, CA 92617

(949) 345-8700

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

1.06x

Higher debt load relative to assets than 98% of similar nonprofits.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

84th percentile

1.26x

Higher debt load relative to revenue than 84% of similar nonprofits.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2025

Net Margin

20th percentile

-2.9%

Higher net margin than 20% of similar nonprofits.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

91st percentile

$475,559

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2025

Asset Growth

15th percentile

-3.4%

Faster asset growth than 15% of similar nonprofits.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Revenue Growth

18th percentile

-8.6%

Faster revenue growth than 18% of similar nonprofits.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$37,137,925

Down $1,311,685 (-3.4%) from 2024

Net Assets

Down

-$2,116,137

Down $896,967 (-74%) from 2024

Liabilities

Down

$39,254,062

Down $414,718 (-1.0%) from 2024

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin20th percentile

Revenue

Down

$31,260,780

Down $2,926,929 (-8.6%) from 2024

Expenses

Down

$32,153,484

Down $1,455,303 (-4.3%) from 2024

Net Income

Down

-$892,704

Down $1,471,626 (-254%) from 2024

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$20M$0-$20MAssets 2011: $3,753,272Liabilities 2011: $577,282Net Assets 2011: $3,175,9902011Assets 2012: $6,354,145Liabilities 2012: $2,199,648Net Assets 2012: $4,154,4972012Assets 2013: $7,548,834Liabilities 2013: $2,755,241Net Assets 2013: $4,793,5932013Assets 2015: $10,644,841Liabilities 2015: $9,970,175Net Assets 2015: $674,6662015Assets 2016: $12,520,614Liabilities 2016: $11,592,552Net Assets 2016: $928,0622016Assets 2017: $11,726,434Liabilities 2017: $13,386,916Net Assets 2017: -$1,660,4822017Assets 2018: $11,337,690Liabilities 2018: $10,079,120Net Assets 2018: $1,258,5702018Assets 2019: $12,038,593Liabilities 2019: $10,586,623Net Assets 2019: $1,451,9702019Assets 2020: $17,123,694Liabilities 2020: $22,447,743Net Assets 2020: -$5,324,0492020Assets 2021: $24,530,561Liabilities 2021: $24,366,107Net Assets 2021: $164,4542021Assets 2022: $30,499,790Liabilities 2022: $30,231,248Net Assets 2022: $268,5422022Assets 2023: $28,527,994Liabilities 2023: $30,327,519Net Assets 2023: -$1,799,5252023Assets 2024: $38,449,610Liabilities 2024: $39,668,780Net Assets 2024: -$1,219,1702024Assets 2025: $37,137,925Liabilities 2025: $39,254,062Net Assets 2025: -$2,116,1372025

Highlighted filing

2025

Assets$37,137,925
Liabilities$39,254,062
Net Assets-$2,116,137
Open 2025 Filing

Operations Trend

Revenue Growth18th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$20M$0-$20MExpenses 2011: $13,671,8512011Expenses 2012: $18,882,0802012Revenue 2013: $24,278,675Expenses 2013: $23,639,579Net Income 2013: $639,0962013Revenue 2015: $30,741,294Expenses 2015: $30,155,868Net Income 2015: $585,4262015Revenue 2016: $29,085,574Expenses 2016: $28,832,178Net Income 2016: $253,3962016Revenue 2017: $26,504,923Expenses 2017: $29,110,497Net Income 2017: -$2,605,5742017Revenue 2018: $30,485,537Expenses 2018: $27,566,485Net Income 2018: $2,919,0522018Revenue 2019: $27,356,934Expenses 2019: $27,163,534Net Income 2019: $193,4002019Revenue 2020: $23,413,706Expenses 2020: $30,151,090Net Income 2020: -$6,737,3842020Revenue 2021: $32,576,092Expenses 2021: $28,958,877Net Income 2021: $3,617,2152021Revenue 2022: $38,037,109Expenses 2022: $37,930,654Net Income 2022: $106,4552022Revenue 2023: $32,128,532Expenses 2023: $33,030,469Net Income 2023: -$901,9372023Revenue 2024: $34,187,709Expenses 2024: $33,608,787Net Income 2024: $578,9222024Revenue 2025: $31,260,780Expenses 2025: $32,153,484Net Income 2025: -$892,7042025

Highlighted filing

2025

Revenue$31,260,780
Expenses$32,153,484
Net Income-$892,704
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 9, 2025
Return Version
2024v5.2
Gross Receipts
$31,462,528
Mission and Program Overview

Mission

We are a nonprofit social impact organization specializing in neuroscience and education research. We created st math, a pre-k 8 visual instructional program that leverages the brain innate spatial-temporal reasoning ability to solve mathematical problems. Educators use this program to deeply engage, motivate, and challenge students toward higher achievement. In addition to providing students with a solid foundation in math, mind research institute aims to prepare them to become part of the stem workforce the future needs.

Equipping students to solve the world's most challenging problems.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$2,569,632$1,250,005▼ $1,319,627
Cash and Non-Interest-Bearing Accounts$7,872,690$747,600▼ $7,125,090
Intangible Assets$989,679$659,786▼ $329,893
Prepaid Expenses and Deferred Charges$861,534$628,896▼ $232,638
Land, Buildings, and Equipment, Net$1,055,983$584,355▼ $471,628
Savings and Temporary Cash Investments$615,913$80,319▼ $535,594
Total Assets$38,449,610$37,137,925▼ $1,311,685
Other Assets Total$24,484,179$33,186,964▲ $8,702,785
Liabilities
Mortgage Notes Payable Secured by Investment Property$25,697,397$29,012,923▲ $3,315,526
Deferred Revenue$9,466,846$6,414,066▼ $3,052,780
Accounts Payable and Accrued Expenses$2,479,121$2,589,016▲ $109,895
Other Liabilities$2,025,416$1,238,057▼ $787,359
Total Liabilities$39,668,780$39,254,062▼ $414,718
Net Assets / Fund Balance
Net Assets With Donor Restrictions$515,691$366,090▼ $149,601
Net Assets Without Donor Restrictions$-1,734,861$-2,482,227▼ $747,366
Total Net Assets Fund Balance$-1,219,170$-2,116,137▼ $896,967
Total Liabilities and Net Assets / Fund Balance$38,449,610$37,137,925▼ $1,311,685

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$270,234$6,890,198$7,160,432
Leasehold Improvements$258,558$1,216,265$1,474,823
Other Land Buildings$55,563$726,393$781,956
Other Assets Org$773,585--
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Garrett GirouardSr Education Partnerships ManagerFT$86,988$388,571$475,559
Brett WoudenbergChief Executive OfficerFT$355,204$118,234$473,438
Geri L CohenChief Financial OfficerFT$266,330$37,733$304,063
Kevin HammerSr. VP, Engineering & ItFT$259,167$34,519$293,686
Karen TalbertVP, Partnerships (thru 06/25)FT$203,530$74,851$278,381
Chelsea Marie StatonEducation Partnerships ManagerFT$71,166$198,256$269,422
Jason MendenhallChief Product Officer (thru 10/24)FT$229,754$36,445$266,199
Andrew CoulsonChief Data Science OfficerFT$234,092$26,563$260,655
Paulo De OliveiraSenior Director, EngineeringFT$212,159$25,795$237,954
Matthew FeldmannVP, ProductFT$202,761$32,395$235,156
Shawn Carl FranklinSenior Director, EngineeringFT$203,333$24,481$227,814
Christina EarlDirector, Sustained EngineeringFT$199,416$19,928$219,344
Caroline Bist WynneVice President, EngagementFT$202,793$9,383$212,176
Brienne AlbertVP, Education SuccessFT$178,849$26,813$205,662
Mark BodnerSr Director, Research & Co-founderFT$116,838$34,239$151,077

Board Members and Trustees

NameTitle
Terry CraneChair
Chuck AmosVice Chair
Don GarciaDirector
Ellen BialoDirector
Weili ChengDirector
David HorowitzDirector (thru 06/25)
Ed FullerDirector (thru 06/25)
Rudy CrewDirector (thru 06/25)
Steve LitchfieldDirector (thru 06/25)

Highest Paid Contractors

ContractorServicesLocationCompensation
Mind Research Institute INCResearch5281 CALIFORNIA AVE SUITE 300, Irvine, CA 92617$3,526,855
Multi Graphics (memphis Print)Printing6426 RIVER TIDE DRIVE, Memphis, TN 38120$119,763
Mekanic LLCWeb Development1240 NORTH PITT ST 2ND FLOOR, Alexandria, VA 22314$117,500
Revenue and Support

Revenue Composition

Contributions and Grants
$592,386
Program Service Revenue
$30,567,480
Investment Income
$65,519
Other Revenue
$35,395
All Other Contributions
$223,320
Change in Net Assets
$-892,704
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$19,223,851
Other Expenses$12,929,633
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$13,413,291$792,281-$14,205,572
Interest$3,860,852$202,021-$4,062,873
Current Officers, Directors, Trustees, and Key Employees$1,422,399$735,225-$2,157,624
Information Technology$2,100,067$6,822-$2,106,889
Other Employee Benefits$1,781,640$110,281-$1,891,921
Fees for Services Other$1,708,073$84,494-$1,792,567
Travel$958,521$34,865-$993,386
Payroll Taxes$821,685$102,755-$924,440
Occupancy$818,692$73,621-$892,313
Depreciation Depletion$830,346$43,448-$873,794
Office Expenses$614,471$192,370-$806,841
Advertising$621,191$494-$621,685
Conferences and Meetings$450,018$1,334-$451,352
Insurance$126,177$6,602-$132,779
Fees for Services Accounting$102,946$5,387-$108,333
Fees for Services Legal$68,213$3,569-$71,782
Pension Plan Contributions$25,431$18,863-$44,294
All Other Expenses$11,771$3,268-$15,039
Total Functional Expenses$29,735,784$2,417,700$0$32,153,484
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$1,238,057
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Mind education audit/tax firm and the mind education finance team work together to gather the required information necessary to complete the form 990. The tax firm prepares initial draft form 990, which is reviewed by management as well as the audit committee of the board of directors. Any recommended changes and comments are considered, and the form 990 is updated. After approval by management and the audit committee of the board, a complete copy of the form 990 is distributed to the entire board prior to the filing of the form 990 with the internal revenue service.”

Form 990, Part VI, Section B, Line 12C

“All officers, directors, and key employees are required to submit annual disclosures regarding any potential conflicts of interests to the human resources manager, who determines if a conflict of interest exists. In the event a conflict of interest does arise, the individual is recused from the decision-making process and any conflicts would be presented to the audit committee of the board for discussion.”

Form 990, Part VI, Section B, Line 15

“The compensation committee of the board reviews and approves salaries of key officers and employees based on publicly available market data, which is documented in the meeting minutes. The last compensation review occurred on july 16, 2025.”

Form 990, Part VI, Section C, Line 19

“Mind education's financial statements are publicly available on its website. Other governing documents and the conflict of interest policy are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Mind Education
EIN
33-0798804
Phone
9493458700
Address
5281 CALIFORNIA AVE SUITE 300, IRVINE, CA 92617

Signing Officer

Name
Chuck Amos
Title
Interim Executive Chairman
Phone
9493458700
Signed
2025-12-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chuck Amos
Formed
1998
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
9
Employees
284
Volunteers
550

Preparer

Firm
Clark Nuber Ps
Address
555 110TH AVE NE SUITE 700, BELLEVUE, WA 98004
Preparer
Celia Davis
Phone
4254544919
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 6:

“Volunteers help students and teachers with the st math program by participating in math events and serving on the board of directors.”

Raw XML AppendixShowing 400 of 947 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR (THRU 06/25)
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR (THRU 06/25)
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR (THRU 06/25)
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IRS990/Form990PartVIISectionAGrp/TitleTxt10SR DIRECTOR, RESEARCH & CO-FOUNDER
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IRS990/Form990PartVIISectionAGrp/TitleTxt20EDUCATION PARTNERSHIPS MANAGER
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IRS990/Form990PartVIISectionAGrp/TitleTxt22SENIOR DIRECTOR, ENGINEERING
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IRS990/MissionDesc0THE ORGANIZATION'S MISSION IS TO ENSURE THAT ALL STUDENTS ARE MATHEMATICALLY EQUIPPED TO SOLVE THE WORLD'S MOST CHALLENGING PROBLEMS THROUGH DEVELOPING AND DEPLOYING MATH INSTRUCTIONAL SOFTWARE AND SYSTEMS.
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Document Assets

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Filings

Displayed year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$37,137,925
Liabilities
$39,254,062
Net assets
-$2,116,137
Revenue
$31,260,780
Expenses
$32,153,484
Net income
-$892,704
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$37.1$39.3$2.12$31.3$32.2$0.89
2024Detailed filing. Detailed filing data is available for this year.$38.4$39.7$1.22$34.2$33.6$0.58
2023Detailed filing. Detailed filing data is available for this year.$28.5$30.3$1.80$32.1$33.0$0.90
2022Detailed filing. Detailed filing data is available for this year.$30.5$30.2$0.27$38.0$37.9$0.11
2021Detailed filing. Detailed filing data is available for this year.$24.5$24.4$0.16$32.6$29.0$3.62
2020Detailed filing. Detailed filing data is available for this year.$17.1$22.4$5.32$23.4$30.2$6.74
2019Detailed filing. Detailed filing data is available for this year.$12.0$10.6$1.45$27.4$27.2$0.19
2018Detailed filing. Detailed filing data is available for this year.$11.3$10.1$1.26$30.5$27.6$2.92
2017Detailed filing. Detailed filing data is available for this year.$11.7$13.4$1.66$26.5$29.1$2.61
2016Detailed filing. Detailed filing data is available for this year.$12.5$11.6$0.93$29.1$28.8$0.25
2015Detailed filing. Detailed filing data is available for this year.$10.6$9.97$0.67$30.7$30.2$0.59
2013Detailed filing. Detailed filing data is available for this year.$7.55$2.76$4.79$24.3$23.6$0.64
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.35$2.20$4.15$18.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.75$0.58$3.18$13.7