Civic Intelligence

Mindright Inc

990 • Fiscal year 2019 • EIN 81-3042564

Jul 01, 2018 to Jun 30, 2019 • Filed on Apr 28, 2020

625 Broad St Suite 240Newark, NJ 07102

(973) 475-8386

Siviq Scores

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

Liabilities / Assets

98th percentile

5.37x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

86th percentile

0.18x

Higher debt load relative to revenue than 86% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

19th percentile

-16%

Higher net margin than 19% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

12th percentile

-39%

Faster asset growth than 12% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

85th percentile

46%

Faster revenue growth than 85% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$16,229

Down $10,554 (-39%) from 2018

Net Assets

Down

-$70,846

Down $80,267 (-852%) from 2018

Liabilities

Up

$87,075

Up $69,713 (+402%) from 2018

Revenue

Up

$496,771

Up $156,887 (+46%) from 2018

Expenses

Up

$577,038

Up $162,874 (+39%) from 2018

Net Income

Down

-$80,267

Down $5,987 (-8.1%) from 2018

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50K-$100KAssets 2016: $1Liabilities 2016: $02016Assets 2017: $84,262Liabilities 2017: $561Net Assets 2017: $83,7012017Assets 2018: $26,783Liabilities 2018: $17,362Net Assets 2018: $9,4212018Assets 2019: $16,229Liabilities 2019: $87,075Net Assets 2019: -$70,8462019Assets 2020: $119,759Liabilities 2020: $39,419Net Assets 2020: $80,3402020Assets 2021: $22,228Liabilities 2021: $0Net Assets 2021: $22,2282021Assets 2022: $40,563Liabilities 2022: $14,839Net Assets 2022: $25,7242022Assets 2023: $1,354Liabilities 2023: $0Net Assets 2023: $1,3542023

Highlighted filing

2019

Assets$16,229
Liabilities$87,075
Net Assets-$70,846

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $381,560Expenses 2017: $297,859Net Income 2017: $83,7012017Revenue 2018: $339,884Expenses 2018: $414,164Net Income 2018: -$74,2802018Revenue 2019: $496,771Expenses 2019: $577,038Net Income 2019: -$80,2672019Revenue 2020: $296,955Expenses 2020: $145,769Net Income 2020: $151,1862020Revenue 2021: $160,856Expenses 2021: $218,968Net Income 2021: -$58,1122021Revenue 2022: $60,000Expenses 2022: $56,504Net Income 2022: $3,4962022Revenue 2023: $24Expenses 2023: $24,394Net Income 2023: -$24,3702023

Highlighted filing

2019

Revenue$496,771
Expenses$577,038
Net Income-$80,267
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Apr 28, 2020
Return Version
2018v3.1
Gross Receipts
$496,771
Mission and Program Overview

Mission

Our mission is to empower communities of color to heal from trauma caused by systemic oppression. We leverage data to advocate for the mental health needs of underserved communities. Our vision is to contribute to systems level change to better support youth in managing the emotional tolls life has for all of us.

Our mission is to empower communities of color to heal from trauma. We leverage data to advocate for the mental health needs of underserved communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$18,236$11,440▼ $6,796
Prepaid Expenses and Deferred Charges$533$2,831▲ $2,298
Savings and Temporary Cash Investments$7,209$209▼ $7,000
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$26,783$16,229▼ $10,554
Other Assets Total$805$1,749▲ $944
Liabilities
Other Liabilities$16,931$87,075▲ $70,144
Accounts Payable and Accrued Expenses$431--
Total Liabilities$17,362$87,075▲ $69,713
Net Assets / Fund Balance
Unrestricted Net Assets$9,421$9,421→ $0
Temporarily Rstr Net Assets-$-80,267-
Total Net Assets Fund Balance$9,421$-70,846▼ $80,267
Total Liabilities and Net Assets / Fund Balance$26,783$16,229▼ $10,554

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$613--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ashley EdwardsCEOFT$79,856$79,856
ALINA LIAO Apr 2019COOFT$53,283$53,283

Board Members and Trustees

NameTitle
Dr Alfiee Breland-NobleDirector
Laura ColemanDirector
A'Dorian Murray ThomasSecretary/Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$466,218
Program Service Revenue
$27,280
Investment Income
$0
Other Revenue
$3,273
All Other Contributions
$466,218
Change in Net Assets
$-80,267
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$374,811
Other Expenses$202,227
Total Fundraising Expense$61,672
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$143,320$10,418$24,440$178,178
Current Officers, Directors, Trustees, and Key Employees$107,092$7,785$18,263$133,140
Fees for Services Other$109,398--$109,398
Other Employee Benefits$27,292$5,090$3,100$35,482
Payroll Taxes$22,201$1,962$3,848$28,011
Travel$5,790$27$9,712$15,529
Occupancy$10,330$782$1,652$12,764
Fees for Services Accounting-$9,978-$9,978
Interest-$7,108$49$7,157
Advertising$2,084$747-$2,831
Insurance$1,807$159$281$2,247
Information Technology$319$1,333$83$1,735
Conferences and Meetings$440$733$5$1,178
Fees for Services Legal-$657$150$807
Office Expenses$155$133-$288
Other Expenses$32$225$25$257
Total Functional Expenses$465,027$50,339$61,672$577,038
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit cards payable$74,651
Payroll Liabilities$9,549
Other Current Liabilities$2,222
Accrued Payroll Taxes$653
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The tax return is prepared by an outside accounting firm. After completion of said returns, the organization is sent a draft of the tax returns to be reviewed and examined. The organization makes copies of the returns and distributes to those individuals charged with governance. Those individuals at that time can review and if applicable discuss any line items in the return with the accountant who has prepared the return. If all items are found to be acceptable, an authorization is signed and provided to authorize the outside accounting firm to process, sign and provide copies of the returns to be filed (paper or electronically) with the designated governmental agencies. The tax returns are then signed by the organization, stamped and mailed with certified return receipt or the signed form 8879 is provided to the outside accounting firm allowing electronic filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Members of the board of directors review all potential conflicts of interest atleast annually. All personnel and board members are required to disclose (inwriting) potential conflicts and any related party affiliations. Loans between the organization and members of management and the board are strictly prohibited. The organization seeks full transparency on all relationships. Any potential conflicts(in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Members of the board of directors review the compensation of all high-levelpersonnel periodically in accordance with irs rules and regulations. Efforts aremade to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with irs guidelines and the organization's policies and procedures.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The compensation of other key employees is determined by the organization'sexecutive director in consultation with others when appropriate, and is based on industry salary surveys, equitable pay scale within the organization, and/orindividual employee performance as assessed after employee reviews.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

Federal Tax Returns are available at guidestar.org & CHARITYNAVIGATOR.ORG.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents are available for public inspection at the principal place of business.The conflict of interest policy and the organization's financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Mindright
EIN
81-3042564
Phone
9734758386
Address
625 Broad St Suite 240, NEWARK, NJ 07102

Signing Officer

Name
Ashley Edwards
Title
CEO
Signed
2020-04-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ashley Edwards
Formed
2016
Legal Domicile
De
Voting Board Members
5
Independent Board Members
3
Employees
5
Volunteers
50

Preparer

Firm
Healy and Associates
Address
1200 CONCORD AVE STE 250, CONCORD, CA 94520
Preparer
Husne Siddiqui-Khan
Phone
9256030800
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3: Ceased Conducting or Significant Changes To Services

We no longer provide mental health coaching over text message. We now focused on advocacy and community education around mental health.

Other Changes In Net Assets Or Fund Balances - Other Decreases

In kind services = -$85000

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IRS990/Desc0OUR WORK IS GUIDED BY OUR 5 CORE VALUES:UNCONDITIONAL POSITIVE REGARD:WE DEMONSTRATE UNCONDITIONAL RESPECT FOR YOUTH AND RECOGNIZE THEIR RIGHT TOSELF-DETERMINATION FOR THEIR LIVES.INTERSECTIONALITY:WE RECOGNIZE THE INTERCONNECTED AND OVERLAPPING NATURE OF SOCIAL IDENTITIES,INCLUDING RACE, GENDER IDENTITY, SEXUAL ORIENTATION, RELIGION, AND IMMIGRATIONSTATUS. WE PROTECT THE COMPLEXITIES OF WHAT IT MEANS TO BE HUMAN.UNAPOLOGETIC:WE ARE UNAPOLOGETIC IN ADVOCATING TO DISMANTLE SYSTEMS OF OPPRESSION IMPACTING YOUTHOF COLOR.
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IRS990/MissionDesc0OUR MISSION IS TO EMPOWER COMMUNITIES OF COLOR TO HEAL FROM TRAUMA CAUSED BY SYSTEMIC OPPRESSION. WE LEVERAGE DATA TO ADVOCATE FOR THE MENTAL HEALTH NEEDS OF UNDERSERVED COMMUNITIES. OUR VISION IS TO CONTRIBUTE TO SYSTEMS LEVEL CHANGE TO BETTER SUPPORT YOUTH IN MANAGING THE EMOTIONAL TOLLS LIFE HAS FOR ALL OF US.
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IRS990/PrincipalOfficerNm0ASHLEY EDWARDS
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IRS990/ProgSrvcAccomActy2Grp/Desc0TRANSPARENCY: WE SAY WHAT WE'RE GOING TO DO. WE SAY WHAT WE MEAN. WE KEEP OUR KIDSAND STAKEHOLDERS IN THE LOOP ON WHAT WE'RE DOING, HOW, AND WHY.RADICAL SELF-CARE: WE RECOGNIZE SELF-CARE IS AN OBLIGATION TO OTHERS AS WELL ASOURSELVES.MINDRIGHT IS A JUDGMENT-FREE PLACE FOR GROWTH, HEALING, AND HOPE. OUR COACHES AREHERE TO LISTEN AND PROVIDE THE SUPPORT TEENS NEED, NO MATTER THE TOPIC. TEENS CANTEXT OUR COACHES BEFORE OR AFTER SCHOOL OR WE'LL CHECK IN WITH TEENS DAILY TO MAKESURE THEY'RE PREPARED FOR THE WEEK AHEAD MINDRIGHT HELPS TEENS TO KEEP TRACK OFTHEIR PROGRESS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0We no longer provide mental health coaching over text message. We now focused on advocacy and community education around mental health.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The tax return is prepared by an outside accounting firm. After completion of said returns, the organization is sent a draft of the tax returns to be reviewed and examined. The organization makes copies of the returns and distributes to those individuals charged with governance. Those individuals at that time can review and if applicable discuss any line items in the return with the accountant who has prepared the return. If all items are found to be acceptable, an authorization is signed and provided to authorize the outside accounting firm to process, sign and provide copies of the returns to be filed (paper or electronically) with the designated governmental agencies. The tax returns are then signed by the organization, stamped and mailed with certified return receipt or the signed form 8879 is provided to the outside accounting firm allowing electronic filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF THE BOARD OF DIRECTORS REVIEW ALL POTENTIAL CONFLICTS OF INTEREST ATLEAST ANNUALLY. ALL PERSONNEL AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE (INWRITING) POTENTIAL CONFLICTS AND ANY RELATED PARTY AFFILIATIONS. LOANS BETWEEN THE ORGANIZATION AND MEMBERS OF MANAGEMENT AND THE BOARD ARE STRICTLY PROHIBITED. THE ORGANIZATION SEEKS FULL TRANSPARENCY ON ALL RELATIONSHIPS. ANY POTENTIAL CONFLICTS(IN FACT OR APPEARANCE) ARE DISCUSSED OPENLY AND RESOLVED IN ACCORDANCE WITH THE ORGANIZATION'S POLICIES AND PROCEDURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS OF THE BOARD OF DIRECTORS REVIEW THE COMPENSATION OF ALL HIGH-LEVELPERSONNEL PERIODICALLY IN ACCORDANCE WITH IRS RULES AND REGULATIONS. EFFORTS AREMADE TO SECURE COMPENSATION DATA FROM INDUSTRY SOURCES IN ORDER TO DETERMINE COMPETITIVENESS AND APPROPRIATENESS OF SALARIES. EVERY EFFORT IS MADE TO ENSURE THAT THE PROCESS IS THOROUGH AND TRANSPARENT IN ACCORDANCE WITH IRS GUIDELINES AND THE ORGANIZATION'S POLICIES AND PROCEDURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION OF OTHER KEY EMPLOYEES IS DETERMINED BY THE ORGANIZATION'SEXECUTIVE DIRECTOR IN CONSULTATION WITH OTHERS WHEN APPROPRIATE, AND IS BASED ON INDUSTRY SALARY SURVEYS, EQUITABLE PAY SCALE WITHIN THE ORGANIZATION, AND/ORINDIVIDUAL EMPLOYEE PERFORMANCE AS ASSESSED AFTER EMPLOYEE REVIEWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Federal Tax Returns are available at guidestar.org & CHARITYNAVIGATOR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Governing documents are available for public inspection at the principal place of business.The conflict of interest policy and the organization's financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7In kind services = -$85000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 3: Ceased Conducting or Significant Changes To Services
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Changes In Net Assets Or Fund Balances - Other Decreases
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