Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.33x
Liabilities / Revenue
78th percentile
Higher debt load relative to revenue than 78% of similar nonprofits.
Net Margin
89th percentile
Higher net margin than 89% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
98th percentile
Faster asset growth than 98% of similar nonprofits.
Revenue Growth
28th percentile
Faster revenue growth than 28% of similar nonprofits.
Balance Sheet
Assets
Up$119,759
Up $103,530 (+638%) from 2019
Net Assets
Up$80,340
Up $151,186 (+213%) from 2019
Liabilities
Down$39,419
Down $47,656 (-55%) from 2019
Revenue And Expenses
Revenue
Down$296,955
Down $199,816 (-40%) from 2019
Expenses
Down$145,769
Down $431,269 (-75%) from 2019
Net Income
Up$151,186
Up $231,453 (+288%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2019 to Jun 30, 2020
- Signed
- May 13, 2021
- Return Version
- 2019v5.0
- Gross Receipts
- $296,955
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
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $11,440 | $108,323 | ▲ $96,883 |
| Accounts Receivable | - | $10,000 | - |
| Prepaid Expenses and Deferred Charges | $2,831 | $1,031 | ▼ $1,800 |
| Savings and Temporary Cash Investments | $209 | $0 | ▼ $209 |
| 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 | $16,229 | $119,759 | ▲ $103,530 |
| Other Assets Total | $1,749 | $405 | ▼ $1,344 |
| Liabilities | |||
| Other Liabilities | $87,075 | $28,063 | ▼ $59,012 |
| Deferred Revenue | - | $11,356 | - |
| Total Liabilities | $87,075 | $39,419 | ▼ $47,656 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $9,421 | $70,340 | ▲ $60,919 |
| Net Assets With Donor Restrictions | $-80,267 | $10,000 | ▲ $90,267 |
| Total Net Assets Fund Balance | $-70,846 | $80,340 | ▲ $151,186 |
| Total Liabilities and Net Assets / Fund Balance | $16,229 | $119,759 | ▲ $103,530 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Ashley Edwards | CEO | PT | $38,500 | $38,500 |
Board Members and Trustees
| Name | Title |
|---|---|
| A'Dorian Murray Thomas | Director |
| Dr Alfiee Breland-Noble | Director |
| Laura Coleman | Director |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $290,957
- Program Service Revenue
- $3,644
- Investment Income
- $0
- Other Revenue
- $2,354
- All Other Contributions
- $290,957
- Change in Net Assets
- $151,186
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $77,958 |
| Other Expenses | $67,811 |
| Total Fundraising Expense | $16,328 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $29,517 | $1,283 | $7,700 | $38,500 |
| Other Salaries and Wages | $17,899 | $778 | $4,669 | $23,346 |
| Interest | - | $12,780 | $149 | $12,929 |
| Fees for Services Other | $12,428 | - | - | $12,428 |
| Other Employee Benefits | $6,335 | $2,350 | $1,653 | $10,338 |
| Fees for Services Legal | - | $8,709 | - | $8,709 |
| Payroll Taxes | $4,427 | $192 | $1,155 | $5,774 |
| Fees for Services Accounting | - | $5,250 | - | $5,250 |
| Occupancy | $2,885 | $125 | $752 | $3,762 |
| Advertising | $2,693 | $480 | - | $3,173 |
| Travel | $864 | - | $132 | $996 |
| Information Technology | - | $235 | - | $235 |
| Other Expenses | $20,149 | $26 | $118 | $26 |
| Total Functional Expenses | $97,197 | $32,244 | $16,328 | $145,769 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Insider Transactions and Loans
Interested-Person Transactions
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Ashley Edwards | Officer | IP licensing agreement | No | $3,644 |
Loans and Receivables
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Credit cards payable | $22,669 |
| Other Current Liabilities | $5,394 |
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 35% controlled entity
- Yes
- Business relationship with family members
- No
- Business relationship with organization members
- Yes
- 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 at least annually. All personnel and board members are required to disclose (in writing) 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-level personnel periodically in accordance with irs rules and regulations. Efforts are made 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's executive 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
- 2021-05-13
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Ashley Edwards
- Formed
- 2016
- Legal Domicile
- De
- Voting Board Members
- 4
- Independent Board Members
- 3
- Employees
- 1
- Volunteers
- 3
Preparer
- Firm
- Healy and Associates
- Address
- 1200 CONCORD AVE STE 250, CONCORD, CA 94520
- Preparer
- Husne Siddiqui-Khan
- Phone
- 9256030800
Supplemental Narrative
Additional Explanations
Other Changes In Net Assets Or Fund Balances - Other Decreases
“In kind services = -$9785”
Raw XML AppendixShowing 400 of 415 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/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 1031 |
| IRS990/PrincipalOfficerNm | 0 | ASHLEY EDWARDS |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | TRANSPARENCY: 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. |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Credit cards payable |
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| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | Ashley Edwards |
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| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | IP licensing agreement |
| IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt | 0 | The Board of MindRight approved an IP licensing agreement with MindRight Health, a company owned by CEO Ashley Edwards. Through this agreement, MindRight Health pays the nonprofit, a percentage of revenue in exchange for designated IP. During the fiscal year ending 6-30-2020, MindRight received $3,644 in earned revenue from the other company per that licensing agreement. |
| IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule L, Part V Supplemental Information |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | MEMBERS OF THE BOARD OF DIRECTORS REVIEW ALL POTENTIAL CONFLICTS OF INTEREST AT LEAST ANNUALLY. ALL PERSONNEL AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE (IN WRITING) 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/ExplanationTxt | 2 | MEMBERS OF THE BOARD OF DIRECTORS REVIEW THE COMPENSATION OF ALL HIGH-LEVEL PERSONNEL PERIODICALLY IN ACCORDANCE WITH IRS RULES AND REGULATIONS. EFFORTS ARE MADE 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/ExplanationTxt | 3 | THE COMPENSATION OF OTHER KEY EMPLOYEES IS DETERMINED BY THE ORGANIZATION'S EXECUTIVE 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/ExplanationTxt | 4 | Federal Tax Returns are available at guidestar.org & CHARITYNAVIGATOR.ORG. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | In kind services = -$9785 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Line 11b: Form 990 Review Process |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Changes In Net Assets Or Fund Balances - Other Decreases |
| IRS990/SchoolOperatingInd | 0 | false |
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| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 1 | DE |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 2 | MA |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 3 | NJ |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
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| IRS990/TotalEmployeeCnt | 0 | 1 |
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| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 97197 |
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| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 87075 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 39419 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 87075 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 39419 |
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| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 80340 |
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| IRS990/TotalProgramServiceRevenueAmt | 0 | 3644 |
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| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 296955 |
| IRS990/TotalVolunteersCnt | 0 | 3 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 119759 |
| IRS990/TravelGrp/FundraisingAmt | 0 | 132 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 864 |
| IRS990/TravelGrp/TotalAmt | 0 | 996 |
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| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 625 Broad St Suite 240 |
| IRS990/USAddress/CityNm | 0 | NEWARK |
| IRS990/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990/USAddress/ZIPCd | 0 | 07102 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 4 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | WWW.GETMINDRIGHT.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ASHLEY EDWARDS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-05-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MINDRIGHT |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MIND |
| ReturnHeader/Filer/EIN | 0 | 813042564 |
| ReturnHeader/Filer/PhoneNum | 0 | 9734758386 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 625 Broad St Suite 240 |
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Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $119,759
- Liabilities
- $39,419
- Net assets
- $80,340
- Revenue
- $296,955
- Expenses
- $145,769
- Net income
- $151,186