Society for Mind Brain Sciences

Nonprofit profile at a glance

EIN
454113247
IRS 990-EZ coverage
2012–2014
Forms available
Form 990-EZ 2014, Form 990-N 2011
Location
Santa Monica, CA, USA
Phone
9253609536
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Interdisciplinary Research

Reported finances

Revenue
$115,658
Expenses
$109,184
Assets
$7,202

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • DR BARNARD BAARS (CEO, DIRECTOR)

People named in this filing

  • DR BARNARD BAARS (CEO, DIRECTOR)
  • NATALIE GELD (CO FOUNDER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Mind brain sciences aims to: 1-support the integration of the mind brain sciences community to advance empirically based consciousness studies; 2- develop novel effective educational tools to inspire and support consciousness studies in universities high schools and middle schools; and 3- create internet based outreach to inspire support and promote education about science and the conscious brain.

What it reported doing in 2014

Provided grants to the center for research on creativity in los angeles in support of thier research on the mind brain sciences.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

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

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 82
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94%; rating input score 94
  • Program expense ratio: 99.5%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 5.6%; rating input score 52; 52nd percentile among comparable filings
  • Total-asset coverage ratio: 0.07; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 66; 66th percentile among comparable filings

Growth

  • Program expense growth: 130.9% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: 127.3% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 111.1% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 94% of revenue deployed · 99.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $109K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2012 to 2014
  • Contacts: How to reach this organization
  • 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.

Key Signals

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

  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • Review — Sustainability: Operating margin scored 52/100.