The Mind Research Network
- Assets
- $3.1m
- Revenue
- $13.9m
- Investments
- $0.0
- Employees
- 126
- Location
- Albuquerque, NM
- Founding
- 11/1999
- Data as of
- 09/2019
- EIN
- 85-0457562
Organization Overview
The Mind Research Network is located in Albuquerque, NM. The organization was established in 1999. According to its NTEE Classification (H96) the organization is classified as: Neurology & Neuroscience Research, under the broad grouping of Medical Research and related organizations. As of 09/2019, Mind Research Network employed 126 individuals. Mind Research Network 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 09/2019, Mind Research Network generated $13.9m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $13.9m during the year ending 09/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE MIND RESEARCH NETWORK (MRN) IS DEDICATED TO THE DISCOVERY AND ADVANCEMENT OF CLINICAL SOLUTIONS FOR THE PREVENTION, DIAGNOSIS AND TREATMENT OF MENTAL ILLNESS AND OTHER BRAIN DISORDERS. MRN IS A CONTROLLED ENTITY OF LOVELACE BIOMEDICAL RESEARCH INSTITUTE BASED IN ALBUQUERQUE, NEW MEXICO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MIND RESEARCH NETWORK IS DEDICATED TO THE DISCOVERY AND ADVANCEMENT OF CLINICAL SOLUTIONS FOR THE PREVENTION, DIAGNOSIS AND TREATMENT OF MENTAL ILLNESS AND OTHER BRAIN DISORDERS. WHEN THE MIND RESEARCH NETWORK (MRN) WAS ESTABLISHED IN 1998 AS AN INDEPENDENT NON-PROFIT RESEARCH ORGANIZATION, ITS PROGRAMS OF INVESTIGATION WERE AIMED AT PROJECTS IN CLINICAL, COGNITIVE, AND BASIC NEUROSCIENCE USING AN ARRAY OF IMAGING TECHNOLOGIES TO INVESTIGATE THE WORKING BRAIN, BOTH FOR NORMAL SUBJECTS, AS WELL AS THOSE AFFLICTED BY BRAIN DISEASE. THESE TECHNOLOGIES INCLUDED STRUCTURAL MAGNETIC RESONANCE (SMR), FUNCTIONAL MAGNETIC RESONANCE (FMR), MAGNETOENCEPHALOGRAPHY (MEG), MAGNETIC RESONANCE SPECTROSCOPY (MRS), AND OPTICAL IMAGING. WHILE EACH TECHNOLOGY ALONE HAS LIMITATIONS, MRN HAS WORKED VIGOROUSLY TO DEVELOP TECHNIQUES THAT COMBINE THESE MULTIPLE TOOLS TO YIELD A MORE COMPLETE AND COMPREHENSIVE "MULTI-MODAL" APPROACH THAN IS POSSIBLE USING THE SAME TOOLS INDIVIDUALLY.BUILDING ON THESE STRENGTHS, THE ORGANIZATION HAS INTEGRATED GENETIC ANALYSIS AND CLINICAL ASSESSMENTS WITH STRUCTURAL AND FUNCTION IMAGING DATA TO ADVANCE THE EARLY DIAGNOSIS OF MENTAL ILLNESS. MRN'S LONG-TERM GOAL IS TO ADVANCE CLINICAL SOLUTIONS THAT WILL IMPROVE OUTCOMES FOR PATIENTS WITH MENTAL ILLNESS OR BRAIN DISORDERS. COLLECTIVELY, MILLIONS OF YEARS OF POTENTIALLY PRODUCTIVE LIFE ARE LOST TO MENTAL ILLNESS AND BRAIN DISORDERS, MAKING RESEARCH ON EARLY DIAGNOSIS AND PREVENTION ONE OF THE TOP PRIORITIES FOR THE NATIONAL INSTITUTES OF HEALTH.MRN'S RESEARCH PORTFOLIO IS COMPRISED OF OVER 50 CONTRACTS, GRANTS, AND SUBAWARDS VALUED AT APPROXIMATELY $84M AND SPANNING SEVERAL THEMATIC AREAS: (1) PSYCHOSIS (E.G., SCHIZOPHRENIA), (2) SUBSTANCE ABUSE DISORDERS AND ADDICTION, (3) CONDUCT DISORDERS/ANTI-SOCIAL PERSONALITY DISORDERS, (4) NEURODEVELOPMENT DISORDERS (E.G., AUTISM, ADD/ADHD). IN ADDITION, MRN IS INVOLVED IN RESEARCH ON HUMAN FACTORS AND PERFORMANCE, INCLUDING CREATIVITY, TBI/PTSD, AND ENHANCED FUNCTIONING. MAJOR SPONSORS ARE THE NATIONAL INSTITUTES OF HEALTH, NATIONAL SCIENCE FOUNDATION, AND OTHER FEDERAL AGENCIES. MRN EMPLOYS APPROXIMATELY 120 STAFF AND CONTRACT PERSONNEL.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kent Kiehl PHD Executive Science Officer | OfficerTrustee | 40 | $365,852 |
Vince Calhoun PHD Eso, President (through 5/30/19) | OfficerTrustee | 40 | $346,117 |
Andrew Mayer PHD Director Of Trauma | 40 | $171,164 | |
Jody Roberts Chief Operating Officer | Officer | 40 | $171,101 |
Arvind Caprihan Associate Professor-Transn | 40 | $128,753 | |
Jeffrey Lewine PHD Dir Of Bus Dev (through 10/6/18) | 40 | $123,891 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $13,445,491 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,961 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,463,452 |
| Total Program Service Revenue | $447,573 |
| Investment income | $12,022 |
| 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 | $13,923,047 |
| 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. | $897,841 |
| Compensation of current officers, directors, key employees. | $365,162 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,868,136 |
| Pension plan accruals and contributions | $283,472 |
| Other employee benefits | $1,013,878 |
| Payroll taxes | $393,724 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,429 |
| Fees for services: Accounting | $7,599 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,181,867 |
| Advertising and promotion | $1,749 |
| Office expenses | $43,901 |
| Information technology | $253,613 |
| Royalties | $0 |
| Occupancy | $856,304 |
| Travel | $123,207 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $36,274 |
| Interest | $18,665 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $109,499 |
| Insurance | $22,371 |
| All other expenses | $314,483 |
| Total functional expenses | $13,899,566 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,381 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,109,367 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $229,598 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $275,961 |
| Net Land, buildings, and equipment | $426,297 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,071,604 |
| Accounts payable and accrued expenses | $910,570 |
| 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 | $988,004 |
| Total liabilities | $1,898,574 |
| Unrestricted restricted net Assets | $1,173,030 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $1,173,030 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Mind Research Network has recieved totaling $300,021.
| Awarding Organization | Amount |
|---|---|
Clark L Tanner Foundation Santa Fe, NM PURPOSE: COMPUTER SYSTEM | $300,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $21 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Mind Research Network Albuquerque, NM | $3,071,604 | $13,923,047 |
The Gordon And Mary Cain Pediatric Neurology Research Foundation Bellaire, TX | $32,282,985 | $383,420 |
Neurological Research Foundation Inc Houston, TX | $2,674,883 | $231,939 |
Colorado Neurological Institute Englewood, CO | $90,641 | $50,553 |
Als Neversurrender Foundation Breckenridge, CO | $59,770 | $0 |
Institute For Neuroscience And Consciousness Studies Inc Austin, TX | $69,364 | $0 |
Greater Houston Foundation For Medical Research And Education The Woodlands, TX | $91,379 | $0 |
Neuro-Science Research Foundation Inc Tulsa, OK | $0 | $0 |