Civic Intelligence

Wright Minded

990EZ • Fiscal year 2020 • EIN 84-1993297

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

Organization Profilewww.wrightminded.org
2604 Humboldt AveOakland, CA 94602

(650) 224-6279

Siviq Scores

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

Liabilities / Assets

59th percentile

0.01x

Higher debt load relative to assets than 59% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

56th percentile

0.00x

Higher debt load relative to revenue than 56% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

81st percentile

34%

Higher net margin than 81% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

91st percentile

$17,167

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 34.5% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

93rd percentile

172%

Faster asset growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

56th percentile

-8.0%

Faster revenue growth than 56% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$21,318

Up $13,472 (+172%) from 2019

Net Assets

Up

$21,133

Up $16,806 (+388%) from 2019

Liabilities

Down

$185

Down $3,334 (-95%) from 2019

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin81st percentile

Revenue

Down

$49,776

Down $4,347 (-8.0%) from 2019

Expenses

Down

$32,970

Down $16,826 (-34%) from 2019

Net Income

Up

$16,806

Up $12,479 (+288%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$30K$20K$10K$0-$10KAssets 2019: $7,846Liabilities 2019: $3,519Net Assets 2019: $4,3272019Assets 2020: $21,318Liabilities 2020: $185Net Assets 2020: $21,1332020Assets 2021: $4,262Liabilities 2021: $1,606Net Assets 2021: $2,6562021Assets 2022: $630Liabilities 2022: $1,658Net Assets 2022: -$1,0282022Assets 2023: $9,662Liabilities 2023: $336Net Assets 2023: $9,3262023Assets 2024: $2,886Liabilities 2024: $138Net Assets 2024: $2,7482024

Highlighted filing

2020

Assets$21,318
Liabilities$185
Net Assets$21,133
Open 2020 Filing

Operations Trend

Revenue Growth56th percentile

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

$60K$40K$20K$0-$20KRevenue 2019: $54,123Expenses 2019: $49,796Net Income 2019: $4,3272019Revenue 2020: $49,776Expenses 2020: $32,970Net Income 2020: $16,8062020Revenue 2021: $39,418Expenses 2021: $57,895Net Income 2021: -$18,4772021Revenue 2022: $54,912Expenses 2022: $58,596Net Income 2022: -$3,6842022Revenue 2023: $59,997Expenses 2023: $49,687Net Income 2023: $10,3102023Revenue 2024: $15,024Expenses 2024: $17,065Net Income 2024: -$2,0412024

Highlighted filing

2020

Revenue$49,776
Expenses$32,970
Net Income$16,806
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$49,776
Mission and Program Overview

Mission

Wright Minded is a Bay Area educational organization that aims to make a positive intervention within an unfair college admissions competition, leveling the playing field for low-income applicants by reducing the gap in advantage income disparities create

Program Services

DescriptionGrantsExpenses
1.Wright Minded provides free SAT preparatory and college counseling services to low-income students, funding this pro bono work by charging high-income, paid clients for these same services, according to market rates. These services include one-on-one tutoring, observed practice tests, access to proprietary learning materials, and college essay advising.2.Wright Minded lifts a variety of financial burdens for its pro bono clients by providing relevant supplies and paying for test registration and/or college application fees as needed. 3.Wright Minded advocates for students who seek to secure accommodations for learning differences from their schools and/or testing organizations.4.Wright Minded provides free training in its test prep methods to other educational organizations, and maintains connections with other industry professionals, advocating for an increase in pro bono work performed by colleagues at pay-based organizations.$27,379-
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael R WrightPresidentFT$17,167-$17,167
Peter GerfenSecretary-$0--
Katherine ArchibaldTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Wright Minded
EIN
84-1993297
Phone
6502246279
Address
2604 Humboldt Ave, Oakland, CA 94602

Signing Officer

Name
Michael R Wright
Title
President
Signed
2021-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Rose Y C Huie & Vivian Chen CPAs Inc
Address
320 8th St 2B, Oakland, CA 94607
Preparer
Vivian Chen CPA
Phone
5102516228
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $828”

Other Expenses.1002

“Office Expenses $1608”

Other Expenses.1005

“Travel $25”

Other Expenses.1012

“Insurance $34”

Other Expenses.1

“Dues & subscriptions $622”

Other Expenses.2

“TRAVEL MEALS $423”

Other Expenses.3

“SOFTWARE $96”

Other Expenses.5

“Meals & entertainment $14”

Other Expenses.6

“FILLING FEE $10”

Other Expenses.7

“PARKING $5”

Other Expenses.8

“POSTAGE $1”

Other Assets.1007

“Receivables-Officers, Directors, Etc. - Beginning $0 Receivables-Officers, Directors, Etc. - Ending $918”

Total Liabilities.1006

“Payable to Officers, Directors, Etc. - Beginning $2782 Payable to Officers, Directors, Etc. - Ending $0”

Total Liabilities.1

“CREDIT CARD PAYABLE - CHASE - Beginning $737 CREDIT CARD PAYABLE - CHASE - Ending $163”

Total Liabilities.2

“PAYROLL TAX PAYABLE - Beginning $0 PAYROLL TAX PAYABLE - Ending $22”

Raw XML Appendix159 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0Michael R Wright
IRS990EZ/BooksInCareOfDetail/PhoneNum06502246279
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02604 Humboldt Ave
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Oakland
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd094602
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07846
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt020400
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt04327
IRS990EZ/NetAssetsOrFundBalancesEOYAmt021133
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt021133
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Michael R Wright
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Peter Gerfen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Katherine Archibald
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0918
IRS990EZ/OtherExpensesTotalAmt03666
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Wright Minded is a Bay Area educational organization that aims to make a positive intervention within an unfair college admissions competition, leveling the playing field for low-income applicants by reducing the gap in advantage income disparities create
IRS990EZ/PrintingPublicationsPostageAmt020
IRS990EZ/ProgramServiceRevenueAmt046776
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt01.Wright Minded provides free SAT preparatory and college counseling services to low-income students, funding this pro bono work by charging high-income, paid clients for these same services, according to market rates. These services include one-on-one tutoring, observed practice tests, access to proprietary learning materials, and college essay advising.2.Wright Minded lifts a variety of financial burdens for its pro bono clients by providing relevant supplies and paying for test registration and/or college application fees as needed. 3.Wright Minded advocates for students who seek to secure accommodations for learning differences from their schools and/or testing organizations.4.Wright Minded provides free training in its test prep methods to other educational organizations, and maintains connections with other industry professionals, advocating for an increase in pro bono work performed by colleagues at pay-based organizations.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt027379
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt019973
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03519
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0185
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt032970
IRS990EZ/TotalProgramServiceExpensesAmt027379
IRS990EZ/TotalRevenueAmt049776
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.wrightminded.org
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt03000
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03000
IRS990ScheduleA/TotalSupportAmt03000
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $828
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $1608
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $34
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DUES & SUBSCRIPTIONS $622
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TRAVEL MEALS $423
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SOFTWARE $96
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MEALS & ENTERTAINMENT $14
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FILLING FEE $10
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PARKING $5
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10POSTAGE $1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Receivables-Officers, Directors, Etc. - Beginning $0 Receivables-Officers, Directors, Etc. - Ending $918
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Payable to Officers, Directors, Etc. - Beginning $2782 Payable to Officers, Directors, Etc. - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13CREDIT CARD PAYABLE - CHASE - Beginning $737 CREDIT CARD PAYABLE - CHASE - Ending $163
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14PAYROLL TAX PAYABLE - Beginning $0 PAYROLL TAX PAYABLE - Ending $22
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Assets.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Total Liabilities.1006
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Total Liabilities.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Total Liabilities.2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael R Wright
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Wright Minded
ReturnHeader/Filer/BusinessNameControlTxt0WRIG
ReturnHeader/Filer/EIN0841993297
ReturnHeader/Filer/PhoneNum06502246279
ReturnHeader/Filer/USAddress/AddressLine1Txt02604 Humboldt Ave
ReturnHeader/Filer/USAddress/CityNm0Oakland
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094602
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0824488365
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Rose Y C Huie & Vivian Chen CPAs Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0320 8th St 2B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Oakland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094607
ReturnHeader/PreparerPersonGrp/PhoneNum05102516228
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Vivian Chen CPA
ReturnHeader/ReturnTs02021-11-15T16:24:37-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Michael R
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Wright
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,318
Liabilities
$185
Net assets
$21,133
Revenue
$49,776
Expenses
$32,970
Net income
$16,806
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.89$0.14$2.75$15.0$17.1$2.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.66$0.34$9.33$60.0$49.7$10.3
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$1.66$1.03$54.9$58.6$3.68
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.26$1.61$2.66$39.4$57.9$18.5
2020Detailed filing. Detailed filing data is available for this year.$21.3$0.19$21.1$49.8$33.0$16.8
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.85$3.52$4.33$54.1$49.8$4.33