Civic Intelligence

Mindright Inc

990EZ • Fiscal year 2021 • EIN 81-3042564

Jul 01, 2020 to Jun 30, 2021 • Filed on Jan 19, 2022

625 Broad St Suite 240Newark, NJ 07102

(973) 318-1832

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

14th percentile

-36%

Higher net margin than 14% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

4th percentile

-81%

Faster asset growth than 4% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

18th percentile

-46%

Faster revenue growth than 18% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$22,228

Down $97,531 (-81%) from 2020

Net Assets

Down

$22,228

Down $58,112 (-72%) from 2020

Liabilities

Down

$0

Down $39,419 (-100%) from 2020

Revenue

Down

$160,856

Down $136,099 (-46%) from 2020

Expenses

Up

$218,968

Up $73,199 (+50%) from 2020

Net Income

Down

-$58,112

Down $209,298 (-138%) from 2020

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

2021

Assets$22,228
Liabilities$0
Net Assets$22,228

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

2021

Revenue$160,856
Expenses$218,968
Net Income-$58,112
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 19, 2022
Return Version
2020v4.0
Gross Receipts
$160,856
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.

Program Services

DescriptionGrantsExpenses
During the COVID-19 pandemic, we responded by conducting an environmental needs survey of youth to determine how we could best support their mental health needs during the pandemic. We uncovered financial stress among our communities, so we provided one-time emergency financial support to youth and their families.$187,379-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ASHLEY EDWARDSCEOPT$38,500-$38,500
A'Dorian Murray ThomasDirector-$0--
Laura ColemanDirector-$0--
Dr Alfiee Breland-NobleDirector-$0--
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Ashley EdwardsOfficerIP licensing agreementNo-
Filing and Contact Details

Filer

Filer Name
Mindright
EIN
81-3042564
Phone
9733181832
Address
625 Broad St Suite 240, NEWARK, NJ 07102

Signing Officer

Name
Ashley Edwards
Title
CEO
Signed
2022-01-19
Discuss with paid preparer
Yes

Preparer

Firm
Healy and Associates
Address
1200 CONCORD AVE STE 250, CONCORD, CA 94520
Preparer
Suzanne R Healy
Phone
9256030800
Supplemental Narrative

Additional Explanations

Other Revenue.1

Other Income $148229

Grants and Similar Amounts Paid In Excess of $5,000.1

Class of Activity: GRANTS | Donee's Name: Panorama Global | Donee's Address: 2101 4th Ave #2100 Seattle WA 98121 | Cash Amount Given: $90000

Grants and Similar Amounts Paid In Excess of $5,000.2

Class of Activity: SCHOLARSHIPS | Donee's Name: Bowie State University | Donee's Address: 14000 Jericho Park Rd Bowie MD 20715 | Cash Amount Given: $10000

Grants and Similar Amounts Paid In Excess of $5,000.3

| Donee's Name: Emergency Gift Cards | Donee's Address: C/O 625 Broad St Suite 240 NEWARK NJ 07102 | Cash Amount Given: $37665

Other Expenses.1001

Advertising and Promotion $1120

Other Expenses.1003

Information Technology $1159

Other Expenses.1008

Interest $568

Other Expenses.1

Taxes and Fees $75

Other Assets.1005

Accounts Receivable - Beginning $10000 Accounts Receivable - Ending $0

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $1031 Prepaid Expenses and Deferred Charges - Ending $0

Other Assets.1

Deposits - Beginning $405 Deposits - Ending $0

Total Liabilities.1003

Deferred Revenue - Beginning $11356 Deferred Revenue - Ending $0

Total Liabilities.1

Credit cards payable - Beginning $22669 Credit cards payable - Ending $0

Total Liabilities.2

- Beginning $0 - Ending $0

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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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IRS990EZ/PrimaryExemptPurposeTxt0OUR 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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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Ashley Edwards
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0IP licensing agreement
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0The Board of MindRight approved an IP licensing agreement with MindRight Health, a company owned by CEO Ashley Edwards.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Other Income $148229
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Class of Activity: GRANTS | Donee's Name: Panorama Global | Donee's Address: 2101 4th Ave #2100 Seattle WA 98121 | Cash Amount Given: $90000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Class of Activity: SCHOLARSHIPS | Donee's Name: Bowie State University | Donee's Address: 14000 Jericho Park Rd Bowie MD 20715 | Cash Amount Given: $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Donee's Name: Emergency Gift Cards | Donee's Address: C/O 625 Broad St Suite 240 NEWARK NJ 07102 | Cash Amount Given: $37665
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Information Technology $1159
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Accounts Receivable - Beginning $10000 Accounts Receivable - Ending $0
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13- Beginning $0 - Ending $0
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Grants and Similar Amounts Paid In Excess of $5,000.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Grants and Similar Amounts Paid In Excess of $5,000.3
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/PreparerPersonGrp/PhoneNum09256030800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Suzanne R Healy
ReturnHeader/ReturnTs02022-01-19T09:08:55-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ASHLEY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0EDWARDS
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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