Civic Intelligence

Mind Your Brain Foundation

990 • Fiscal year 2022 • EIN 82-3268204

Jan 01, 2022 to Dec 31, 2022 • Filed on May 15, 2023

2024 Saint Andrews DrBerwyn, PA 19312

(610) 952-2768

Siviq Scores

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

Liabilities / Assets

70th percentile

0.02x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

74th percentile

0.03x

Higher debt load relative to revenue than 74% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

6th percentile

-96%

Higher net margin than 6% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

87th percentile

$27,500

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 31.3% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

13th percentile

-39%

Faster asset growth than 13% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

6th percentile

-71%

Faster revenue growth than 6% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Flat

$125,501

Flat from 2022

Net Assets

Flat

$122,720

Flat from 2022

Liabilities

Flat

$2,781

Flat from 2022

Revenue

Flat

$87,858

Flat from 2022

Expenses

Flat

$172,114

Flat from 2022

Net Income

Flat

-$84,256

Flat from 2022

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2018: $105,919Liabilities 2018: $2,931Net Assets 2018: $102,9882018Assets 2019: $81,851Liabilities 2019: $14Net Assets 2019: $81,8372019Assets 2020: $89,796Liabilities 2020: $30Net Assets 2020: $89,7662020Assets 2021: $206,976Liabilities 2021: $0Net Assets 2021: $206,9762021Assets 2022: $125,501Liabilities 2022: $2,781Net Assets 2022: $122,7202022Assets 2022: $125,501Liabilities 2022: $2,781Net Assets 2022: $122,7202022Assets 2023: $132,736Liabilities 2023: $2,805Net Assets 2023: $129,9312023Assets 2024: $117,467Liabilities 2024: $0Net Assets 2024: $117,4672024

Highlighted filing

2022

Assets$125,501
Liabilities$2,781
Net Assets$122,720

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2018: $130,185Expenses 2018: $27,197Net Income 2018: $102,9882018Revenue 2019: $19,871Expenses 2019: $41,022Net Income 2019: -$21,1512019Revenue 2020: $55,038Expenses 2020: $47,109Net Income 2020: $7,9292020Revenue 2021: $300,317Expenses 2021: $183,107Net Income 2021: $117,2102021Revenue 2022: $87,858Expenses 2022: $172,114Net Income 2022: -$84,2562022Revenue 2022: $87,858Expenses 2022: $172,114Net Income 2022: -$84,2562022Revenue 2023: $133,198Expenses 2023: $128,486Net Income 2023: $4,7122023Revenue 2024: $138,513Expenses 2024: $150,977Net Income 2024: -$12,4642024

Highlighted filing

2022

Revenue$87,858
Expenses$172,114
Net Income-$84,256
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 15, 2023
Return Version
2022v5.0
Gross Receipts
$99,211
Mission and Program Overview

Mission

To enhance, through education, advocacy support, and research, the quality of life for those affected by brain injury including patients, survivors, families, and caregivers

Education, advocacy, support, and research for those affected by brain injury

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$71,478$72,588▲ $1,110
Cash and Non-Interest-Bearing Accounts$135,498$51,783▼ $83,715
Prepaid Expenses and Deferred Charges$0$1,130▲ $1,130
Total Assets$206,976$125,501▼ $81,475
Liabilities
Accounts Payable and Accrued Expenses$0$2,781▲ $2,781
Other Liabilities$0--
Total Liabilities$0$2,781▲ $2,781
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$146,856$122,720▼ $24,136
Net Assets With Donor Restrictions$60,120$0▼ $60,120
Total Net Assets Fund Balance$206,976$122,720▼ $84,256
Total Liabilities and Net Assets / Fund Balance$206,976$125,501▼ $81,475
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Candace GanttExecutive DirectorPT$27,500$27,500

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$69,827
Program Service Revenue
$0
Investment Income
$1,110
Other Revenue
$16,921
All Other Contributions
$24,827
Change in Net Assets
$-84,256
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$144,614
Salaries, Compensation, and Employee Benefits$27,500
Total Fundraising Expense$9,860
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$13,750$8,250$5,500$27,500
Fees for Services Accounting$0$17,617$0$17,617
Information Technology$0$11,797$0$11,797
Other Expenses$0$2,424$0$2,424
Conferences and Meetings$1,942$0$0$1,942
Office Expenses$0$1,858$0$1,858
All Other Expenses$406$788$645$1,839
Fees for Services Other$850$0$0$850
Insurance$0$538$0$538
Travel$310$0$0$310
Total Functional Expenses$118,982$43,272$9,860$172,114
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$28,274
Fundraising Direct Expenses$11,353
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Soiree$28,274$28,274$441$27,833
Total Events$28,274$28,274$11,353$16,921
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
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
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
Mind Your Brain
EIN
82-3268204
Phone
6109522768
Address
2024 SAINT ANDREWS DR, BERWYN, PA 19312

Signing Officer

Name
Candace Gantt
Title
Executive Director
Phone
6109522768
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Candace Gantt
Formed
2018
Legal Domicile
Pa
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
20

Preparer

Firm
Ruotolo Spewak & Co
Address
101 CHESTNUT AVE, MOUNT LAUREL, NJ 08054
Preparer
Joseph P Greenfield CPA
Phone
8562731282
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Candace gantt, executive director, is carter gantt's, board member, mother

Pt VI, Line 8B

There are no committees who act on behalf of the governing body.

Pt VI, Line 11B

The form is prepared by outside accountants based on financial data entered and reconciled by the organization's treasurer. A draft of the form 990 is reviewed by the board and consults with the accountants to address any questions.

Pt VI, Line 12C

The board must sign off annually that they are free of conflict.

Pt VI, Line 15A

The executive director's compensation is approved by the board of directors.

Pt VI, Line 19

The organization's governing documents and financial statements are available to the public in the organization's office upon request.

Financial Statement Notes

Pt X, Line 2

The organization is exempt from federal income tax under section 501(c)(3) of the internal revenue code. In addition, the organization qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization other than a private foundation under section 509(a)(2). Accordingly, no provision for income taxes is provided. The organization has reviewed tax positions taken in filings with federal and state jurisdictions and believes those positions would be sustained should the filings be examined by the relevant taxing authority. For federal income tax purposes, the returns remain open for possible examination three years after they are filed. The organization's policy is to recognize interest and penalties on unrecognized tax benefits in other expense in the statement of activities. No interest and penalties were recorded during the year ended december 31, 2022.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: OTHER INCOME 2018: 0. 2019: 0. 2020: 129. 2021: 0.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS PROVIDED. THE ORGANIZATION HAS REVIEWED TAX POSITIONS TAKEN IN FILINGS WITH FEDERAL AND STATE JURISDICTIONS AND BELIEVES THOSE POSITIONS WOULD BE SUSTAINED SHOULD THE FILINGS BE EXAMINED BY THE RELEVANT TAXING AUTHORITY. FOR FEDERAL INCOME TAX PURPOSES, THE RETURNS REMAIN OPEN FOR POSSIBLE EXAMINATION THREE YEARS AFTER THEY ARE FILED. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN OTHER EXPENSE IN THE STATEMENT OF ACTIVITIES. NO INTEREST AND PENALTIES WERE RECORDED DURING THE YEAR ENDED DECEMBER 31, 2022.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CANDACE GANTT, EXECUTIVE DIRECTOR, IS CARTER GANTT'S, BOARD MEMBER, MOTHER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO COMMITTEES WHO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM IS PREPARED BY OUTSIDE ACCOUNTANTS BASED ON FINANCIAL DATA ENTERED AND RECONCILED BY THE ORGANIZATION'S TREASURER. A DRAFT OF THE FORM 990 IS REVIEWED BY THE BOARD AND CONSULTS WITH THE ACCOUNTANTS TO ADDRESS ANY QUESTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD MUST SIGN OFF ANNUALLY THAT THEY ARE FREE OF CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE DIRECTOR'S COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC IN THE ORGANIZATION'S OFFICE UPON REQUEST.

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