Civic Intelligence

Mind Research Institute

990 • Fiscal year 2012 • EIN 33-0798804

Jan 01, 2012 to Dec 31, 2012 • Filed on Jul 08, 2013

111 Academy Drive92617
Siviq Scores

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

Liabilities / Assets

58th percentile

0.35x

Higher debt load relative to assets than 58% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

96th percentile

69%

Faster asset growth than 96% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$6,354,145

Up $2,600,873 (+69%) from 2011

Net Assets

Up

$4,154,497

Up $978,507 (+31%) from 2011

Liabilities

Up

$2,199,648

Up $1,622,366 (+281%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$18,882,080

Up $5,210,229 (+38%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

2012

Assets$6,354,145
Liabilities$2,199,648
Net Assets$4,154,497

Operations Trend

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

2012

Revenue-
Expenses$18,882,080
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Jul 8, 2013
Return Version
2012v2.0
Gross Receipts
$19,913,367
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.

Major Activities

Activity 2
Mind also conducts basic neuroscientific, mathematics, and education research to improve math education and advance scientific understanding.
Filing and Contact Details

Filer

EIN
33-0798804
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IRS990/InvestmentIncomePriorYear0821
IRS990/InvestmentIncome/RelatedOrExemptFunctionIncome0-72
IRS990/InvestmentIncome/TotalRevenueColumn0-72
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IRS990/InvestmentsOtherSecurities/EOY00
IRS990/InvestmentsProgramRelated/EOY00
IRS990/InvestmentsPubTradedSecurities/BOY012366
IRS990/InvestmentsPubTradedSecurities/EOY08298
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IRS990/LandBldgEquipmentAccumDeprec01098829
IRS990/LandBuildingsEquipmentBasis02706115
IRS990/LandBuildingsEquipmentBasisNet/BOY0906736
IRS990/LandBuildingsEquipmentBasisNet/EOY01607286
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IRS990/LoanToOfficerOrDQP0false
IRS990/LobbyingActivities0false
IRS990/LocalChapters0false
IRS990/MaterialDiversionOrMisuse0false
IRS990/MembersOrStockholders0false
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees0true
IRS990/MinutesOfGoverningBody0true
IRS990/MissionDescription0The MIND Research Institute enables elementary and primary students to reach their full academic and career potential through developing and deploying math instructional software and systems. A non-profit organization, MIND also conducts basic neuroscientific, mathematics, and education research to improve math education and advance scientific understanding.
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IRS990/MoreThan5000KToOrganizations0false
IRS990/NbrIndependentVotingMembers018
IRS990/NbrVotingGoverningBodyMembers021
IRS990/NbrVotingMembersGoverningBody021
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IRS990/NetAssetsOrFundBalancesEOY04154497
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IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn00
IRS990/NetIncomeFromGaming/TotalRevenueColumn00
IRS990/NetIncomeOrLoss/TotalRevenueColumn00
IRS990/NetRentalIncomeOrLoss/TotalRevenueColumn00
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IRS990/NumberFormsTransmittedWith1096098
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IRS990/NumberIndividualsGT100K08
IRS990/NumberOf8282Filed00
IRS990/NumberOfContractorsGT100K01
IRS990/NumberOfEmployees0162
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Document Assets

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Filings

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