Sapien Labs
- Assets
- $344.4k
- Revenue
- $579.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 04/2016
- Data as of
- 12/2021
- EIN
- 47-5559298
Organization Overview
Sapien Labs is located in Arlington, VA. The organization was established in 2016. According to its NTEE Classification (H96) the organization is classified as: Neurology & Neuroscience Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sapien Labs 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, Sapien Labs generated $579.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 40.8% each year . All expenses for the organization totaled $654.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR WORK IN MENTAL HEALTH ASSESSMENT HAS LED TO THE DEVELOPMENT OF A TOOL CALLED THE MENTAL HEALTH QUOTIENT OR MHQ FOR THE COMPREHENSIVE ASSESSMENT OF MENTAL WELLBEING ALONG A SPECTRUM FROM CLINICAL TO THRIVING THAT IS USED IN THE MENTAL HEALTH MILLION PROJECT. OUR RESEARCH FOCUSES ON USING THIS DATA TO UNDERSTAND CLINICAL AND NORMAL MENTAL PHENOTYPES IN THE POPULATION, THEIR CORRESPONDING PHYSIOLOGICAL OR EEG PROFILES AS WELL AS SOCIAL DETERMINANTS OF MENTAL HEALTH OUTCOMES.
DEVELOPMENT OF BRAINBASE RESEARCH PLATFORM AND ANALYTICAL TOOLS. RUNNING OF PLATFORM BRAINBASE.IO
THE HUMAN BRAIN DIVERSITY PROJECT CONTINUED TO DEVELOP ANALYTICAL TOOLS AND PROTOCOLS FOR EEG ANALYSIS AND BUILD PLANS FOR GLOBAL RESEARCH CENTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tara Thiagarajan President | 25 | $0 | |
Robert M Carter Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $549,087 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $31,616 |
| Capital Gain Net Income | $31,616 |
| Net ST Capital Gain | $8,750 |
| Income Modifications | $0 |
| Profit on Inventory Sales | -$1,675 |
| Other Income | $0 |
| Total Revenue | $579,028 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $106,769 |
| Occupancy | $5,440 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $4,940 |
| Other expenses | $215,470 |
| Total operating and administrative expenses | $654,481 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $654,481 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,882 |
| Savings and temporary cash investments | $7,664 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $313,213 |
| Other assets | $1,595 |
| Total assets | $344,354 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
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