Healthy Brains Global Initiative Inc
- Assets
- $908.4k
- Revenue
- $655.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Rutherford, CA
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 80-0777581
Organization Overview
Healthy Brains Global Initiative Inc, operating under the name One Mind, is located in Rutherford, CA. The organization was established in 2014. According to its NTEE Classification (H11) the organization is classified as: Single Organization Support, 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. One Mind 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, One Mind generated $655.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.9%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.8%) per year over the past 6 years. 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
ONE MIND, INC. (FKA HEALTHY BRAINS GLOBAL INITIATIVE (HBGI)) AIMS TO MOBILIZE MAJOR FUNDING FOR BRAIN HEALTH RESEARCH TO BENEFIT PEOPLE LIVING WITH NEUROLOGICAL AND MENTAL HEALTH DISORDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ONE MIND, INC.'S (FKA HBGI) PROGRAM SERVICES TO MOBILIZE FUNDING FOR BRAIN HEALTH RESEARCH AND DEVELOP A LIVED EXPERIENCE COUNCIL GROUP OF EXPERT ADVISORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Garen Staglin Chairman | OfficerTrustee | 1 | $0 |
William B Herbert Interim CEO (thru 11/21) | Officer | 40 | $0 |
Cindy Dyar Financial Officer | Officer | 2 | $0 |
Brandon Staglin President | Officer | 1 | $0 |
Caryl Athanasiu Director | Trustee | 1 | $0 |
Nancy Dearman Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Brad Herbert Associates Professional Services | 12/30/21 | $233,330 |
Tobias Kasper Strategy, Development And Program | 12/30/21 | $116,667 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $655,748 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $655,748 |
| Total Program Service Revenue | $0 |
| 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 | $655,748 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $60,000 |
| Grants and other assistance to domestic individuals. | $6,525 |
| Grants and other assistance to Foreign Orgs/Individuals | $436,156 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $248,192 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,769 |
| Payroll taxes | $70,765 |
| Fees for services: Management | $339,413 |
| Fees for services: Legal | $46,151 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,991 |
| Advertising and promotion | $0 |
| Office expenses | $14,316 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,137 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,538 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,262,953 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $646,306 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $262,044 |
| 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 | $908,350 |
| Accounts payable and accrued expenses | $17,695 |
| 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 | $0 |
| Total liabilities | $17,695 |
| Net assets without donor restrictions | $890,655 |
| 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 | $908,350 |
Grants Awarded
Over the last fiscal year, Healthy Brains Global Initiative Inc has awarded $572,386 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
San Francisco, CA PURPOSE: TRACK TBI - RESEARCH PROGRAM SUPPOR AND PATIENT STIPENDS | $261,049 |
PATIENTS LIKE ME PURPOSE: TBI RESEARCH - SURVEY | $125,000 |
CLARIVATE ANALYTICS (US) LLC PURPOSE: ACCELERATE DATA ANALYTICS FOR TRACK TBI AND/OR CENTER TBI GRANT PROGRAMS | $61,085 |
Houston, TX PURPOSE: TRACK TBI - PATIENT STIPENDS | $26,058 |
Pittsburgh, PA PURPOSE: TRACK TBI - PATIENT STIPENDS | $25,117 |
THE UNIVERSITY OF TEXAS AT AUSTIN PURPOSE: TRACK TBI - PATIENT STIPENDS | $17,584 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Healthy Brains Global Initiative Inc has recieved totaling $600,000.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $250,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $250,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Movember Foundation Santa Monica, CA | $31,257,231 | $18,583,289 |
Translational Genomics Research Institute Foundation Phoenix, AZ | $24,235,369 | $3,772,453 |
Research Development Foundation Carson City, NV | $46,239,131 | $15,306,815 |
Lucky Duck Foundation San Diego, CA | $8,092,715 | $3,783,020 |
Epidermolysis Bullosa Medical Research Foundation Los Angeles, CA | $3,863,477 | $772,726 |
Healthy Brains Global Initiative Inc Rutherford, CA | $908,350 | $655,748 |
Hoffman Institute Supportingfoundation San Rafael, CA | $24,584,790 | $6,921,250 |
E C Fuller Trust U Art 16 Main Las Vegas, NV | $8,830,122 | $1,205,687 |
Health 2 0 Advocates Inc San Anselmo, CA | $214,477 | $668,370 |
Cruisin For A Cure Lake Forest, CA | $1,800,129 | $335,524 |
Brain Mapping Support Foundation Los Angeles, CA | $17,938,053 | $1,060,841 |
Navajo Hopi Health Foundation Inc Tuba City, AZ | $9,740,178 | $592,118 |