Civic Intelligence

Mindbridge

990 • Fiscal year 2023 • EIN 81-3121077

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 10, 2024

126 West Elm StreetYarmouth, ME 04096

(646) 319-7088

Siviq Scores

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

Liabilities / Assets

77th percentile

0.07x

Higher debt load relative to assets than 77% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

73rd percentile

19%

Higher net margin than 73% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

92nd percentile

$50,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 11.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

96th percentile

244%

Faster asset growth than 96% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

77th percentile

41%

Faster revenue growth than 77% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$117,566

Up $83,373 (+244%) from 2022

Net Assets

Up

$109,827

Up $86,101 (+363%) from 2022

Liabilities

Down

$7,739

Down $2,728 (-26%) from 2022

Revenue

Up

$453,168

Up $131,693 (+41%) from 2022

Expenses

Up

$367,066

Up $19,373 (+5.6%) from 2022

Net Income

Up

$86,102

Up $112,320 (+428%) from 2022

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2018: $8,414Liabilities 2018: $0Net Assets 2018: $8,4142018Assets 2019: $13,689Liabilities 2019: $0Net Assets 2019: $13,6892019Assets 2020: $19,297Liabilities 2020: $22,450Net Assets 2020: -$3,1532020Assets 2021: $60,410Liabilities 2021: $10,250Net Assets 2021: $50,1602021Assets 2022: $34,193Liabilities 2022: $10,467Net Assets 2022: $23,7262022Assets 2023: $117,566Liabilities 2023: $7,739Net Assets 2023: $109,8272023Assets 2024: $68,304Liabilities 2024: $5,504Net Assets 2024: $62,8002024

Highlighted filing

2023

Assets$117,566
Liabilities$7,739
Net Assets$109,827

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2018: $27,771Expenses 2018: $19,357Net Income 2018: $8,4142018Revenue 2019: $32,706Expenses 2019: $27,431Net Income 2019: $5,2752019Revenue 2020: $96,600Expenses 2020: $113,442Net Income 2020: -$16,8422020Revenue 2021: $279,349Expenses 2021: $226,036Net Income 2021: $53,3132021Revenue 2022: $321,475Expenses 2022: $347,693Net Income 2022: -$26,2182022Revenue 2023: $453,168Expenses 2023: $367,066Net Income 2023: $86,1022023Revenue 2024: $454,768Expenses 2024: $502,969Net Income 2024: -$48,2012024

Highlighted filing

2023

Revenue$453,168
Expenses$367,066
Net Income$86,102
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 10, 2024
Return Version
2023v5.1
Gross Receipts
$453,168
Mission and Program Overview

Mission

Mindbridge is a not-for-profit organization connecting psychological and neurobiological insight to non-profit and government-sponsored humanitarian efforts.

Mindbridge offers services related to study design, assessment design, program advising, research support and organizational support.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$34,050$117,566▲ $83,516
Prepaid Expenses and Deferred Charges$143$0▼ $143
Total Assets$34,193$117,566▲ $83,373
Liabilities
Other Liabilities$10,467$7,739▼ $2,728
Total Liabilities$10,467$7,739▼ $2,728
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$23,726$109,827▲ $86,101
Total Net Assets Fund Balance$23,726$109,827▲ $86,101
Total Liabilities and Net Assets / Fund Balance$34,193$117,566▲ $83,373
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laura LigouriExecutive DirectorFT$50,000-$50,000
Jill Collen JeffersonDirector--$500$500
Leo HyltonDirector--$500$500
Linda SilkaDirector--$500$500
Bruce KingDirector--$450$450
Muntaha MohamedDirector--$400$400
Allison Walker-eldersTreasurer--$350$350

Board Members and Trustees

NameTitle
Robert AlegreBoard Chair
Elizabeth JacksonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$59,338
Program Service Revenue
$393,830
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,954
Change in Net Assets
$86,102
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$251,244
Other Expenses$105,773
Total Fundraising Expense$13,636
Professional Fundraising Fees$10,049
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$123,480$56,874$660$181,014
Current Officers, Directors, Trustees, and Key Employees$12,585$35,405$2,010$50,000
Other Expenses$32,833$3,781$0$36,614
Payroll Taxes$12,132$7,914$184$20,230
All Other Expenses$4,135$6,384$0$10,519
Travel$8,781$1,397$0$10,178
Fees for Services Professional Fundraising--$10,049$10,049
Occupancy$0$9,274$0$9,274
Information Technology$0$4,635$0$4,635
Insurance$0$4,021$0$4,021
Advertising$0$3,252$0$3,252
Fees for Services Accounting$0$3,121$0$3,121
Conferences and Meetings$1,881$0$0$1,881
Fees for Services Legal$0$1,121$0$1,121
Office Expenses$0$540$0$540
Interest$0$271$0$271
Total Functional Expenses$206,625$146,805$13,636$367,066
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$10,049
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Bruce King is Co-Chair of bothMindbridge provides services to MIONo$12,736
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sba Eidl Loan$7,739
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Mindbridge
EIN
81-3121077
Phone
6463197088
Address
126 WEST ELM STREET, YARMOUTH, ME 04096

Signing Officer

Name
Laura Ligouri
Title
Executive Director
Phone
6463197088
Signed
2024-10-10
Discuss with paid preparer
Yes

Organization Details

Formed
2016
Legal Domicile
Me
Voting Board Members
8
Independent Board Members
6
Employees
14
Volunteers
0

Preparer

Firm
Flaherty's Financial Services LLC
Address
285 US Route 1 Suite 3, Scarborough, ME 04074
Preparer
Christine Flaherty
Phone
2078832889
Supplemental Narrative

Additional Explanations

Pt III, Line 2

The Countering Extremism Directive (CED) emerges in response to a concerning resurgence of terroist attacks, particularly those driven by xenophobia, racism, and other forms of intolerance. A 2022 report by the Secretary-General highlights how Member States now perceive this brand of terrorism as the fastest-growing or most prominent domestic security threat. Notably, the U.S. Department of Homeland Security (DHS) has identified domestic violent extremism, often rooted in xenophobia and racial resentment, as a significant terrorism-related menace to the United States. Recognizing the limitations of conventional methods such as policing and surveillance, the CED shifts focus towards psychological approaches. Its goals are twofold: firstly, to identify new, more effective approaches using psychological insight to disengage extremist sentiment, with a specific emphasis on Racially and Ethnically Motivated Forms of Violent Extremism (REMVE)within the United States. Secondly, the directive aims to develop methods to foster community resilience, thereby mitigating the further proliferation of extremist sentiment. Through these targeted efforts, the CED seeks to confront and address the growing threat posed by extremism in contemporary society. Current Research Objectives. The ongoing research project, Exploring Domestic Extremism: Perspectives of Women in the Far-Right, delves into the intricate dynamics underlying the promotion of political extremism, with a particular focus on the influence of women in perpetuating such narratives within their communities. Through a combination of focus groups and a national survey targeting women in far-right movements, the research seeks to explore the underlying psychological drivers of extremism within community contexts, shedding light on the ideologies and motivations of social groups like TradWives and Moms for Liberty. Ultimately, the project aims to identify potential points of intervention for countering extremist ideologies, informing the development of psychology-informed and evidence-based approaches to mitigating the impact of extremism.

Pt VI, Line 11B

All financials are reviewed by the Board Treasurer and then presented to the full Board for final review and approval.

Pt VI, Line 12C

The conflict of interest policy is reaffirmed annually at a Board meeting and throughout the year during internal leadership meetings during which any potential conflicts are disclosed and addressed.

Pt VI, Line 15A

The salary for the Executive Director was determined through a comprehensive analysis of compensation within peer organizations located within the State of Maine. This process involved assessing the salaries of executive directors in similar nonprofit or comparable entities, taking into account factors such as organization size, budget, and geographic location. By benchmarking against these peer organizations, we aimed to establish a competitive and fair compensation package for our executive director, ensuring that it aligns with industry standards while recognizing the unique context of our organization.

Form 990, Part III, Line 4D

See Schedule O, Part III, Line 2 for description. 16550. 0. 55000.

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IRS990/ProgSrvcAccomActy2Grp/Desc0At the Mindbridge Institute, we stand at the forefront of a transormative journey, leveraging neuroscience and psychology to empower human rights defenders in their vital mission. Our innovative approach goes beyond conventional interventions, delving deep into the intricate workings of the human mind to address the root causes of violence. Through our collaborative partnerships with government and community- based organizations, we co-create holistic strategies aimed at societal transformation. By unraveling the complex web of values, beliefs, and based organizations, we co-create holistic strategies aimed at societal transformation. By unraveling the complex web of values, beliefs, and motivations that underpin violence, we equip human rights defenders with the insights needed to drive lasting change. Central to our mission is the Mindbridge Institute, where we bridge the gap between science and action. Here, our courses, seminars, and online programming serve as essential resources, empowering defenders with the knowledge and tools required to navigate the complexities of their work. Our impact extends far beyond the walls of our institute. We serve as champions of awareness and engagement, fostering dialogue and understanding around our core concepts and theories of change. By equipping defenders with neurobiological and psychological insights, we support human rights defenders in forging deeper connections and inspire meaninful societal shifts. Join us at the Mindbridge Institute where science meets human rights, and together, lets pave the way towards a more just and equitable world for all.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Faced with high levels of stress and adversity, priortizing trauma and mental health support for human rights defenders is paramount in ensuring their well-being and sustained effectiveness in advocacy efforts. Addressing these challenges is not only a moral imperative but also critical to strenghtening the resilience and success of the broader human rights movement. The Mental Health & Resiliency Department serves as a beacon of support and empowerment for human rights defenders facing trauma and mental health challenges. With a dedicated focus on addressing the unique experiences of those on the frontlines of human rights advocacy, our department provides comprehensive resources and interventions tailored to their specific needs. Through tailored resources and interventions, including online learning modules, we aim to raise awareness of trauma among defenders and equip organizations with practical strategies for effective support. Housed within the Mental Health & Resiliency Department is the Healing Racial Trauma Initiative (HRTI). HRTI focuses on addressing systemic injustices within the broader community. HRTI is grounded in community, research, and justice, seeking to illuminate and address the impact of racial trauma stemming from structures of white supremacy and capitalism. Through community-led intitiatives, research-driven interventions, and advocacy efforts, HRTI strives to foster healing and liberation for individuals and communities affected by racial trauma.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Countering Extremism Directive (CED) emerges in response to a concerning resurgence of terroist attacks, particularly those driven by xenophobia, racism, and other forms of intolerance. A 2022 report by the Secretary-General highlights how Member States now perceive this brand of terrorism as the fastest-growing or most prominent domestic security threat. Notably, the U.S. Department of Homeland Security (DHS) has identified domestic violent extremism, often rooted in xenophobia and racial resentment, as a significant terrorism-related menace to the United States. Recognizing the limitations of conventional methods such as policing and surveillance, the CED shifts focus towards psychological approaches. Its goals are twofold: firstly, to identify new, more effective approaches using psychological insight to disengage extremist sentiment, with a specific emphasis on Racially and Ethnically Motivated Forms of Violent Extremism (REMVE)within the United States. Secondly, the directive aims to develop methods to foster community resilience, thereby mitigating the further proliferation of extremist sentiment. Through these targeted efforts, the CED seeks to confront and address the growing threat posed by extremism in contemporary society. Current Research Objectives. The ongoing research project, Exploring Domestic Extremism: Perspectives of Women in the Far-Right, delves into the intricate dynamics underlying the promotion of political extremism, with a particular focus on the influence of women in perpetuating such narratives within their communities. Through a combination of focus groups and a national survey targeting women in far-right movements, the research seeks to explore the underlying psychological drivers of extremism within community contexts, shedding light on the ideologies and motivations of social groups like TradWives and Moms for Liberty. Ultimately, the project aims to identify potential points of intervention for countering extremist ideologies, informing the development of psychology-informed and evidence-based approaches to mitigating the impact of extremism.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All financials are reviewed by the Board Treasurer and then presented to the full Board for final review and approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The conflict of interest policy is reaffirmed annually at a Board meeting and throughout the year during internal leadership meetings during which any potential conflicts are disclosed and addressed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The salary for the Executive Director was determined through a comprehensive analysis of compensation within peer organizations located within the State of Maine. This process involved assessing the salaries of executive directors in similar nonprofit or comparable entities, taking into account factors such as organization size, budget, and geographic location. By benchmarking against these peer organizations, we aimed to establish a competitive and fair compensation package for our executive director, ensuring that it aligns with industry standards while recognizing the unique context of our organization.
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