MIND Education

Nonprofit profile at a glance

EIN
330798804
IRS 990 coverage
2011–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Irvine, CA, USA
Phone
9493458700
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Biological & Life Sciences

Official website

Reported finances

Revenue
$31,260,780
Expenses
$32,153,484
Assets
$37,137,925
Liabilities
$39,254,062

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

24 people listed

Executive titles in this filing

  • BRETT WOUDENBERG (CHIEF EXECUTIVE OFFICER)
  • CAROLINE BIST WYNNE (VICE PRESIDENT, ENGAGEMENT)

Highest reported compensation

  • GARRETT GIROUARD (SR EDUCATION PARTNERSHIPS MANAGER): $475,559 total reported compensation
  • BRETT WOUDENBERG (CHIEF EXECUTIVE OFFICER): $473,438 total reported compensation
  • GERI L COHEN (CHIEF FINANCIAL OFFICER): $304,063 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To solve the toughest challenges in math education: how to reach every learner, build true conceptual understanding, and deliver results that last.

What it reported doing in 2024

As one of its founding purposes, mind education conducts basic and applied research in mathematics, psychology, and education to advance knowledge on how we think, reason, and create improve the cognitive performance of individuals and increase core knowledge of mathematics. Research is conducted by mind education and in collaboration with world-class universities and research institutions. In order to lead the learning revolution, mind education publishes results from its more than 50 innovative research programs in numerous prestigious scientific journals, and abstracts for presentations at national and international scientific conferences.

Operating model

Revenue model
Earned-program. 98% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 80
  • Accountability: 90
  • Sustainability: 24
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.8%; rating input score 95
  • Program expense ratio: 92.5%; rating input score 92
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 81.8%; rating input score 82; 16th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -2.9%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 1.16; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 1.06; rating input score 5; 5th percentile among comparable filings
  • Officer compensation ratio: 12.8%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 3.1% per year; rating input score 100; 27th percentile among comparable filings
  • Revenue growth: 4% per year; rating input score 100; 34th percentile among comparable filings
  • Asset growth: 14.5% per year; rating input score 100; 80th percentile among comparable filings

Details

  • What they do: 4 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 94.8% of revenue deployed · 92.5% of spending went to programs
  • Governance: 9 of 11 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $29.7M in reported program spending
  • Leadership: top reported pay $476K · 24 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $3.8M reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 6 filed schedules · includes major donors, executive pay, and related organizations
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 15 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 21/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • High — Sustainability: Liabilities to assets ratio scored 5/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.