Civic Intelligence

Perception Institute Inc

EIN 88-0557075 • 501(c)3 • Brooklyn, NY

Profile

Perception Institute creates real-world solutions from cutting-edge mind science research to reduce discrimination and other harms linked to race, gender, and other identity differences.

165 Court Street STE 199Brooklyn, NY 11201

www.perception.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

93rd percentile

0.96x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.31x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

6th percentile

-52%

Higher net margin than 6% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

3rd percentile

-58%

Faster asset growth than 3% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

7th percentile

-41%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$434,902

Down $612,463 (-58%) from 2023

Liabilities

Up

$416,133

Up $95,693 (+30%) from 2023

Net Assets

Down

$18,769

Down $708,156 (-97%) from 2023

Revenue

Down

$1,353,403

Down $938,073 (-41%) from 2023

Expenses

Down

$2,061,559

Down $231,205 (-10%) from 2023

Net Income

Down

-$708,156

Down $706,868 (-54881%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2022: $963,601Liabilities 2022: $235,388Net Assets 2022: $728,2132022Assets 2023: $1,047,365Liabilities 2023: $320,440Net Assets 2023: $726,9252023Assets 2024: $434,902Liabilities 2024: $416,133Net Assets 2024: $18,7692024

Highlighted filing

2024

Assets$434,902
Liabilities$416,133
Net Assets$18,769

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2022: $1,477,890Expenses 2022: $749,677Net Income 2022: $728,2132022Revenue 2023: $2,291,476Expenses 2023: $2,292,764Net Income 2023: -$1,2882023Revenue 2024: $1,353,403Expenses 2024: $2,061,559Net Income 2024: -$708,1562024

Highlighted filing

2024

Revenue$1,353,403
Expenses$2,061,559
Net Income-$708,156

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$1,353,403
Mission and Program Overview

Mission

Perception Institute creates real-world solutions from cutting-edge mind science research to reduce discrimination and other harms linked to race, gender, and other identity differences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$282,213$313,274▲ $31,061
Pledges and Grants Receivable$600,000$85,000▼ $515,000
Accounts Receivable$149,161$19,511▼ $129,650
Prepaid Expenses and Deferred Charges$15,953$17,117▲ $1,164
Total Assets$1,047,365$434,902▼ $612,463
Other Assets Total$38--
Liabilities
Accounts Payable and Accrued Expenses$320,440$416,133▲ $95,693
Total Liabilities$320,440$416,133▲ $95,693
Net Assets / Fund Balance
Net Assets With Donor Restrictions$372,926$188,290▼ $184,636
Net Assets Without Donor Restrictions$353,999$-169,521▼ $523,520
Total Net Assets Fund Balance$726,925$18,769▼ $708,156
Total Liabilities and Net Assets / Fund Balance$1,047,365$434,902▼ $612,463
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sadiqa ReynoldsExecutive DirectorFT$320,000$26,267$346,267
Sarah GravesChief Development OfficerFT$150,000$42,642$192,642
Afua AddoChief Program OfficerFT$170,833$12,395$183,228
Rachel PerryChief Administrative OfficerFT$150,000$13,836$163,836
Rachel GodsilSecretary-$120,000-$120,000
Michelle DePassTreasurer-$1,900-$1,900

Board Members and Trustees

NameTitle
John PowellBoard Chair
Dushaw HockettBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Rachel GodsilConsulting Services40 Dean Street 3B, Brooklyn, NY 11201$120,000
Revenue and Support

Revenue Composition

Contributions and Grants
$711,713
Program Service Revenue
$640,744
Investment Income
$946
Other Revenue
$0
All Other Contributions
$711,713
Change in Net Assets
$-708,156

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,353,403
Total Revenue per Audited Statements
$1,353,403
Total Revenue per Form 990
$1,353,403
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,354,711
Other Expenses$706,848
Total Fundraising Expense$172,914
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$653,668$95,871$122,018$871,557
Fees for Services Other$407,375$84,664-$492,039
Other Salaries and Wages$328,173$54,666$20,338$403,177
Information Technology$32,327$44,186$511$77,024
Payroll Taxes$49,053$7,194$9,157$65,404
Office Expenses$47,464$6,309$10,968$64,741
Fees for Services Accounting-$31,837-$31,837
Travel$15,249$3,979$5,007$24,235
Other Employee Benefits$10,930$1,603$2,040$14,573
Insurance$5,532$811$1,033$7,376
Fees for Services Legal$3,413--$3,413
Other Expenses$2,371$343$443$3,157
All Other Expenses$316$1,264$1,399$2,979
Advertising-$47-$47
Total Functional Expenses$1,555,871$332,774$172,914$2,061,559

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,061,559
Total Expenses per Audited Statements$2,061,559
Total Expenses per Form 990$2,061,559
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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

Governance Explanations

Form 990, Part VI, Line 12C

At any time, all members of the Board shall disclose any conflict of interest to management.

Form 990, Part VI, Line 11B

The return is reviewed by the Board Chair and a copy is provided to all Board members for review prior to filing.

Form 990, Part VI, Line 15A

The Executive Director compensation is approved by the Board of Directors each year.

Form 990, Part VI, Section C, Line 18

The Organizational documents and Form 990 are available upon written request.

Form 990, Part VI, Section A, Line 8B

There is no committee that has the authority to act on behalf of the Board.

Form 990, Part VI, Section B, Line 11B

The Form 990 is provided to the Board of Directors for review and approval prior to filing.

Filing and Contact Details

Filer

Filer Name
Perception Institute Inc
EIN
88-0557075
Phone
9193821021
Address
165 Court Street STE 199, Brooklyn, NY 11201

Signing Officer

Name
Dushaw Hockett
Title
Board Chair
Phone
9193821021
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dushaw Hockett
Formed
2021
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
8
Volunteers
4

Preparer

Firm
Outfitters4 Inc
Address
717 Coliseum Dr NW, Winston Salem, NC 27106
Preparer
Brittany Emery
Phone
3369300140
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Project managers and consultants- Program 407,375 Management and General 52,611 Website Services/Redesign- Management and General 6,524 Strategic Planning- Management and General 25,529

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0711713
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01134262
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0600265
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02446240
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0946
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0946
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0640744
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt022240
IRS990ScheduleA/OtherIncome170Grp/TotalAmt022240
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt02446240
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0711713
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01134262
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0600265
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02446240
IRS990ScheduleA/TotalSupportAmt02469426
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt02061559
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt01353403
IRS990ScheduleD/TotalExpensesPerForm990Amt02061559
IRS990ScheduleD/TotalRevenuePerForm990Amt01353403
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01353403
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02061559
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0320000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1150000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2170833
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3150000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt026267
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt142642
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt212395
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt313836
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Sadiqa Reynolds
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Sarah Graves
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Afua Addo
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3Rachel Perry
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Chief Development Officer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Chief Program Officer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3Chief Administrative Officer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0346267
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1192642
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2183228
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt3163836
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0At any time, all members of the Board shall disclose any conflict of interest to management.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The return is reviewed by the Board Chair and a copy is provided to all Board members for review prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Executive Director compensation is approved by the Board of Directors each year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organizational documents and Form 990 are available upon written request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Project managers and consultants- Program 407,375 Management and General 52,611 Website Services/Redesign- Management and General 6,524 Strategic Planning- Management and General 25,529
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5There is no committee that has the authority to act on behalf of the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Form 990 is provided to the Board of Directors for review and approval prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section B, Line 11b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01047365
IRS990/TotalAssetsEOYAmt0434902
IRS990/TotalAssetsGrp/BOYAmt01047365
IRS990/TotalAssetsGrp/EOYAmt0434902
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0711713
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0172914
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0332774
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01555871
IRS990/TotalFunctionalExpensesGrp/TotalAmt02061559
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0320440
IRS990/TotalLiabilitiesEOYAmt0416133
IRS990/TotalLiabilitiesGrp/BOYAmt0320440
IRS990/TotalLiabilitiesGrp/EOYAmt0416133
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0726925
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt018769
IRS990/TotalOtherCompensationAmt095140
IRS990/TotalProgramServiceExpensesAmt01555871
IRS990/TotalProgramServiceRevenueAmt0640744
IRS990/TotalReportableCompFromOrgAmt0912733
IRS990/TotalRevenueGrp/ExclusionAmt0946
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0640744
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01353403
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01047365

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