Liabilities / Assets
73rd percentile
Higher debt load relative to assets than 73% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.03x
Liabilities / Revenue
64th percentile
Higher debt load relative to revenue than 64% of similar nonprofits.
Net Margin
71st percentile
Higher net margin than 71% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
55th percentile
Faster revenue growth than 55% of similar nonprofits.
Balance Sheet
Assets
Up$9,662
Up $9,032 (+1434%) from 2022
Net Assets
Up$9,326
Up $10,354 (+1007%) from 2022
Liabilities
Down$336
Down $1,322 (-80%) from 2022
Revenue And Expenses
Revenue
Up$59,997
Up $5,085 (+9.3%) from 2022
Expenses
Down$49,687
Down $8,909 (-15%) from 2022
Net Income
Up$10,310
Up $13,994 (+380%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Nov 14, 2024
- Return Version
- 2023v5.1
- Gross Receipts
- $59,997
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
| Description | Grants | Expenses |
|---|---|---|
| 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. | - | $42,493 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Michael R Wright | President | PT | $0 | - | - |
| Peter Gerfen | Secretary | - | $0 | - | - |
| Katherine Archibald | Treasurer | - | $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
- 2024-11-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- HCCPA 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 $340”
Other Expenses.1002
“Office Expenses $1155”
Other Expenses.1005
“Travel $432”
Other Expenses.1006
“Payments of Travel or Entertainment for Public Officials $817”
Other Expenses.1012
“Insurance $1017”
Other Expenses.1
“SOFTWARE $2223”
Other Expenses.2
“Dues & subscriptions $1237”
Other Expenses.3
“PARKING $11”
Total Liabilities.1006
“Payable to Officers, Directors, Etc. - Beginning $5 Payable to Officers, Directors, Etc. - Ending $5”
Total Liabilities.1
“CREDIT CARD PAYABLE - CHASE - Beginning $1514 CREDIT CARD PAYABLE - CHASE - Ending $297”
Total Liabilities.2
“PAYROLL TAX PAYABLE - Beginning $139 PAYROLL TAX PAYABLE - Ending $34”
Raw XML Appendix146 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Michael R Wright |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6502246279 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2604 Humboldt Ave |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Oakland |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 94602 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 674 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 9662 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 100 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 10310 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2554 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 674 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 9662 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 59997 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -984 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 9326 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -984 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 9326 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Michael R Wright |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Peter Gerfen |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Katherine Archibald |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 7232 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 59897 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | 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. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 42493 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 39901 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1658 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 336 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 49687 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 42493 |
| IRS990EZ/TotalRevenueAmt | 0 | 59997 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | https://www.wrightminded.org |
| IRS990ScheduleA/CommunityTrustInd | 0 | X |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 100 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 6550 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 6650 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 6650 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 100 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 6550 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 6650 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 6650 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Advertising and Promotion $340 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Office Expenses $1155 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Travel $432 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Payments of Travel or Entertainment for Public Officials $817 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Insurance $1017 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | SOFTWARE $2223 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | DUES & SUBSCRIPTIONS $1237 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | PARKING $11 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Payable to Officers, Directors, Etc. - Beginning $5 Payable to Officers, Directors, Etc. - Ending $5 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | CREDIT CARD PAYABLE - CHASE - Beginning $1514 CREDIT CARD PAYABLE - CHASE - Ending $297 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | PAYROLL TAX PAYABLE - Beginning $139 PAYROLL TAX PAYABLE - Ending $34 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1006 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Total Liabilities.1006 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Total Liabilities.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Total Liabilities.2 |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Michael R Wright |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Wright Minded |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WRIG |
| ReturnHeader/Filer/EIN | 0 | 841993297 |
| ReturnHeader/Filer/PhoneNum | 0 | 6502246279 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 808 York Street |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Oakland |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 94610 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 824488365 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | HCCPA Inc |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 212 9th Street Suite 215 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Oakland |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 94607 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5102516228 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Vivian Chen CPA |
| ReturnHeader/ReturnTs | 0 | 2024-11-14T16:32:19-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $9,662
- Liabilities
- $336
- Net assets
- $9,326
- Revenue
- $59,997
- Expenses
- $49,687
- Net income
- $10,310