Civic Intelligence

Wright Minded

990EZ • Fiscal year 2022 • EIN 84-1993297

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 16, 2023

Organization Profilewww.wrightminded.org
808 York StreetOakland, CA 94610

(650) 224-6279

Siviq Scores

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

Liabilities / Assets

98th percentile

2.63x

Higher debt load relative to assets than 98% 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

30th percentile

-6.7%

Higher net margin than 30% of similar nonprofits.

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

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

4th percentile

-85%

Faster asset growth than 4% of similar nonprofits.

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

Revenue Growth

69th percentile

39%

Faster revenue growth than 69% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$630

Down $3,632 (-85%) from 2021

Net Assets

Down

-$1,028

Down $3,684 (-139%) from 2021

Liabilities

Up

$1,658

Up $52 (+3.2%) from 2021

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin30th percentile

Revenue

Up

$54,912

Up $15,494 (+39%) from 2021

Expenses

Up

$58,596

Up $701 (+1.2%) from 2021

Net Income

Up

-$3,684

Up $14,793 (+80%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth4th 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

2022

Assets$630
Liabilities$1,658
Net Assets-$1,028
Open 2022 Filing

Operations Trend

Revenue Growth69th 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

2022

Revenue$54,912
Expenses$58,596
Net Income-$3,684
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 16, 2023
Return Version
2022v5.0
Gross Receipts
$54,912
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.-$53,449
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

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

Filer

Filer Name
Wright Minded
EIN
84-1993297
Phone
6502246279
Address
808 York Street, Oakland, CA 94610

Signing Officer

Name
Michael R Wright
Title
President
Signed
2023-10-16
Discuss with paid preparer
Yes

Preparer

Firm
Rose Y C Huie & Vivian Chen CPAs Inc
Address
212 9th Street Suite 215, Oakland, CA 94607
Preparer
Vivian Chen CPA
Phone
5102516228
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $241”

Other Expenses.1002

“Office Expenses $348”

Other Expenses.1005

“Travel $540”

Other Expenses.1006

“Payments of Travel or Entertainment for Public Officials $778”

Other Expenses.1012

“Insurance $964”

Other Expenses.1

“SOFTWARE $1582”

Other Expenses.2

“Dues & subscriptions $650”

Other Expenses.3

“PARKING $332”

Other Expenses.4

“Business license renewal $170”

Other Expenses.5

“TUTORING $140”

Other Expenses.6

“MEALS $119”

Other Expenses.8

“GOOGLE STORAGE $24”

Total Liabilities.1006

“Payable to Officers, Directors, Etc. - Beginning $1332 Payable to Officers, Directors, Etc. - Ending $5”

Total Liabilities.1

“CREDIT CARD PAYABLE - CHASE - Beginning $230 CREDIT CARD PAYABLE - CHASE - Ending $1514”

Total Liabilities.2

“PAYROLL TAX PAYABLE - Beginning $44 PAYROLL TAX PAYABLE - Ending $139”

Raw XML Appendix167 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/USAddress/CityNm0Oakland
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd094602
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04262
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0630
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IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3684
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-1028
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-1028
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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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/OtherExpensesTotalAmt05888
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/PrintingPublicationsPostageAmt093
IRS990EZ/ProgramServiceRevenueAmt048135
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/ProgramServiceExpensesAmt053449
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt050082
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01606
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01658
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt058596
IRS990EZ/TotalProgramServiceExpensesAmt053449
IRS990EZ/TotalRevenueAmt054912
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.wrightminded.org
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06550
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06550
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt06550
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt06550
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06550
IRS990ScheduleA/TotalSupportAmt06550
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $241
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $348
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $540
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Payments of Travel or Entertainment for Public Officials $778
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $964
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SOFTWARE $1582
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DUES & SUBSCRIPTIONS $650
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PARKING $332
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BUSINESS LICENSE RENEWAL $170
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9TUTORING $140
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10MEALS $119
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11GOOGLE STORAGE $24
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Payable to Officers, Directors, Etc. - Beginning $1332 Payable to Officers, Directors, Etc. - Ending $5
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13CREDIT CARD PAYABLE - CHASE - Beginning $230 CREDIT CARD PAYABLE - CHASE - Ending $1514
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14PAYROLL TAX PAYABLE - Beginning $44 PAYROLL TAX PAYABLE - Ending $139
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1006
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.8
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/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael R Wright
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Wright Minded
ReturnHeader/Filer/BusinessNameControlTxt0WRIG
ReturnHeader/Filer/EIN0841993297
ReturnHeader/Filer/PhoneNum06502246279
ReturnHeader/Filer/USAddress/AddressLine1Txt0808 York Street
ReturnHeader/Filer/USAddress/CityNm0Oakland
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094610
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0824488365
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Rose Y C Huie & Vivian Chen CPAs Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0212 9th Street Suite 215
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Oakland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094607
ReturnHeader/PreparerPersonGrp/PhoneNum05102516228
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Vivian Chen CPA
ReturnHeader/ReturnTs02023-10-16T10:58:15-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Michael R
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Wright
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$630
Liabilities
$1,658
Net assets
-$1,028
Revenue
$54,912
Expenses
$58,596
Net income
-$3,684
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
2022Detailed filing. Detailed filing data is available for this year.$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