Mindbridge
- Assets
- $60.4k
- Revenue
- $279.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Yarmouth, ME
- Founding
- 08/2018
- Data as of
- 12/2021
- EIN
- 81-3121077
Organization Overview
Mindbridge is located in Yarmouth, ME. The organization was established in 2018. According to its NTEE Classification (U50) the organization is classified as: Biological & Life Sciences, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mindbridge is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Mindbridge generated $279.3k in total revenue. All expenses for the organization totaled $226.0k during the year ending 12/2021. While expenses have increased by 84.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MINDBRIDGE OFFERS SERVICES RELATED TO STUDY DESIGN, ASSESSMENT DESIGN, PROGRAM ADVISING, RESEARCH SUPPORT AND ORGANIZATIONAL SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM ASSESSMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Ligouri Director | Officer | 40 | $45,192 |
Robert Alegre Director | Trustee | 3 | $0 |
Mariana Angela Director | Trustee | 3 | $0 |
Jane Gallagher Director | Trustee | 3 | $0 |
Muntaha Mohamed Director | Trustee | 3 | $0 |
Allison Walker-Elders Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,234 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,134 |
| Total Program Service Revenue | $264,215 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $279,349 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $45,192 |
| Compensation of current officers, directors, key employees. | $45,192 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $94,013 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,639 |
| Fees for services: Management | $550 |
| Fees for services: Legal | $7,993 |
| Fees for services: Accounting | $1,788 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $4,299 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,000 |
| Advertising and promotion | $7,686 |
| Office expenses | $831 |
| Information technology | $1,783 |
| Royalties | $0 |
| Occupancy | $8,400 |
| Travel | $356 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,112 |
| All other expenses | $3,276 |
| Total functional expenses | $226,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,410 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $60,410 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,250 |
| Total liabilities | $10,250 |
| Net assets without donor restrictions | $50,160 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $60,410 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mindbridge has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Triton Foundation Yarmouth, ME PURPOSE: GENERAL PURPOSES | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mount Desert Island Biological Laboratory Salisbury Cove, ME | $34,360,356 | $21,825,438 |
The Eagle Hill Institute Steuben, ME | $2,217,161 | $671,082 |
Mindbridge Yarmouth, ME | $60,410 | $279,349 |
Lobster Conservancy Friendship, ME | $214,569 | $0 |
Center For Wildlife Health Research Topsham, ME | $46,356 | $0 |
Maine Coastal Habitat Foundation Spruce Head, ME | $770,921 | $1,002 |
National Assoc Of Prof Accident Reconstruction Specialist Inc Hampton, NH | $154,982 | $0 |
Northeast Acquatic Nuisance Speciescouncil Concord, NH | $31,833 | $0 |