Nonprofit · EIN 47-1196006
HEALTHY MINDS INNOVATIONS INC
Tax-exempt · MADISON, WI 53703
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,768,062 | $1,807,102 | -$39,040 | $3,987,277 | $952,136 | $3,035,141 |
| June 30, 2024 | 990 | $4,612,344 | $3,903,438 | $708,906 | $3,868,306 | $794,125 | $3,074,181 |
| June 30, 2023 | 990 | $4,991,534 | $5,054,962 | -$63,428 | $3,240,416 | $875,141 | $2,365,275 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $764,523
- Program service revenue
- $958,842
- Investment income
- $44,697
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $519,877
- Other salaries and wages
- $652,923
- Salaries, compensation and benefits (total)
- $1,356,842
- Professional fundraising fees
- $0
- Legal fees
- $17,422
- Accounting fees
- $76,145
- Occupancy
- $12,000
- Travel
- $31,471
- Program services (functional)
- $1,220,808
- Management and general (functional)
- $521,395
- Fundraising (functional)
- $64,899
Balance sheet and other
- Total assets, start of year
- $3,868,306
- Total assets, end of year
- $3,987,277
- Total liabilities, end of year
- $952,136
- Net assets, end of year
- $3,035,141
- Land, buildings and equipment
- $2,671
- Net assets without donor restrictions
- $2,960,575
- Net assets with donor restrictions
- $74,566
- Gross receipts
- $1,768,062
- Employees
- 22
- Volunteers
- 9
- Year formed
- 2014
- State of legal domicile
- WI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHRISTINA GLAVAS | CHIEF EXECUTIVE OFFICER Officer | 40 | $262,689 | $0 |
| RAQUEL TATAR | CHIEF SCIENCE & OPERATIONS Officer | 40 | $208,158 | $9,442 |
| DAVID ELDERBROCK | CHIEF TECHNOLOGY OFFICER Officer | 40 | $194,338 | $22,488 |
| ANDREW BURROUGHS | CHIEF EXPERIENCE OFFICER Officer | 40 | $179,994 | $33,735 |
| NICOLE FITE | CHIEF OF STAFF Highest-paid employee | 40 | $152,141 | $13,846 |
| GEORGE XAVIER | DATA ENGINEER Highest-paid employee | 40 | $123,145 | $26,442 |
| MICHAEL GORDON | DIRECTOR OF STRATEGIC INIT Highest-paid employee | 40 | $124,819 | $16,393 |
| NEAL RAJDEV | DIRECTOR Trustee or director | 10 | $56,594 | $0 |
| STEPHEN ARNOLD | CHAIRMAN OF THE BOARD Trustee or director, Officer | 10 | $0 | $0 |
| RICHARD DAVIDSON | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| GREG LYNCH | SECRETARY AND TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| TONI SIKES | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DAVID LUBAR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JULIAN THAYER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GOLBIE KAMAREI | DIRECTOR Trustee or director | 2 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GREGG FERGUS | DIRECTOR Trustee or director | 2 | $0 |
| SHOBHINA CHHEDA | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID ELDERBROCK | CHIEF TECHNOLOGY OFFICER Officer | 40 | $162,696 | $20,919 |
| ANDREW BURROUGHS | CHIEF EXPERIENCE OFFICER Officer | 40 | $148,100 | $31,350 |
| CHRISTINA GLAVAS | CHIEF EXECUTIVE OFFICER Officer | 40 | $175,000 | $0 |
| RAQUEL TATAR | CHIEF SCIENCE & OPERATIONS OFFICER Officer | 40 | $123,652 | $26,862 |
| NICOLE FITE | CHIEF OF STAFF Highest-paid employee | 40 | $135,452 | $13,124 |
| GEORGE XAVIER | DATA ENGINEER Highest-paid employee | 40 | $121,625 | $8,311 |
| MICHAEL GORDON | DIRECTOR OF STRATEGIC INITIATIVES Highest-paid employee | 40 | $108,353 | $16,168 |
| NEAL RAJDEV | DIRECTOR Trustee or director | 10 | $26,125 | $0 |
| STEPHEN ARNOLD | CHAIRMAN OF THE BOARD Trustee or director, Officer | 10 | $0 | $0 |
| RICHARD DAVIDSON | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| GREG LYNCH | SECRETARY AND TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| LISETTE COOPER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TONI SIKES | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DAVID LUBAR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JULIAN THAYER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GOLBIE KAMAREI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GREGG FERGUS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SHOBHINA CHHEDA | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID ELDERBROCK | SR. DIRECTOR OF TECHNOLOGY Highest-paid employee | 40 | $178,488 | $22,123 |
| ANDREW BURROUGHS | VP OF CUSTOMER ENGAGEMENT Highest-paid employee | 40 | $166,492 | $31,178 |
| RAQUEL TATAR | SENIOR DIRECTOR OF MEASURES AND RESEARCH Highest-paid employee | 40 | $162,048 | $27,175 |
| MELANIE SCHMIDT | INTERIM HEAD OF OPERATIONS Officer | 40 | $171,202 | $315 |
| NICOLE FITE | CHIEF OF STAFF Highest-paid employee | 40 | $146,167 | $13,456 |
| ANDY ECKER | LEAD SOFTWARE ENGINEER Highest-paid employee | 40 | $135,458 | $19,745 |
| NEAL RAJDEV | DIRECTOR Trustee or director | 10 | $20,000 | $0 |
| STEPHEN ARNOLD | CHAIRMAN OF THE BOARD Trustee or director, Officer | 10 | $0 | $0 |
| RICHARD DAVIDSON | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| GREG LYNCH | SECRETARY AND TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| LISETTE COOPER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TONI SIKES | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DAVID LUBAR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JULIAN THAYER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GOLBIE KAMAREI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GREGG FERGUS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SHOBHINA CHEDDA | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 625 W WASHINGTON AVE, MADISON, WI 53703-2637
- Principal officer (990 for 2024)
- STEPHEN ARNOLD, 625 WEST WASHINGTON AVENUE, MADISON, WI 53703
- Signed the 990
- STEPHEN ARNOLD, CHAIRMAN OF THE BOARD
- Phone
- (608) 492-4184
- Website
- HMINNOVATIONS.ORG
- Return prepared by
- AVENSON HAMANN CPAS LLP
Mission
TRANSLATING SCIENCE INTO TOOLS TO CULTIVATE WELLBEING.
Program accomplishments
- HEALTHY MINDS@WORK IS AN INNOVATIVE PROGRAM THAT TEACHES INDIVIDUAL SKILLS THAT FOSTER AN ORGANIZATIONAL CULTURE OF ENGAGEMENT AND SUCCESS, SUPPORTING EMPLOYEES AND LEADERS IN ADDRESSING THE UNIQUE CHALLENGES FACING NEXT-STAGE ENTERPRISES. DURING JULY - DECEMBER 2024, HMI TRANSITIONED TO A NEW SERVICES MODEL TO REPLACE THE MOBILE APP-BASED ENTERPRISE PRODUCT. OUR NEW MODEL, WELLBEING SCIENCE SERVICES (WBSS), SEEKS TO APPLY THE SCIENCE AND PRACTICE OF WELLBEING TO PROBLEMS AND CHALLENGES ON A CASE-BY-CASE BASIS. THIS ALIGNS WELL WITH OUR ORGANIZATIONAL SCALE AND SKILLS AND ALLOWS US TO CREATE LARGE-SCALE IMPACT THROUGH A SMALL NUMBER OF DEEPER PARTNERSHIPS AND COLLABORATIONS.REVENUES IN THIS PERIOD WERE GENERATED FROM EXPIRING HEALTHY MINDS @WORK CONTRACTS AND FROM THE NEW SERVICES MODEL. WE DEVELOPED A TRAINING COURSE FOR THE EDUCATION MARKET THAT DELIVERS SKILL TRAINING IN VIDEO, AUDIO AND TEXT MEDIA. WE EXPANDED OUR INTERVENTION FOR HIGHER EDUCATIONAL STUDENT USE DEPLOYING IT MORE WIDELY IN UNIVERSITY CAMPUS SETTINGS IN THE US AND MEXICO, SEEING AN 8% INCREASE IN STUDENT WELLBEING MEASURES. IN ADDITION TO SPEAKING ENGAGEMENTS, WE ALSO LAUNCHED A PROJECT TO ASSESS THE WELLBEING OF GUESTS BEFORE AND AFTER A STAY AT A WELLBEING SPA TO DEEPEN THE UNDERSTANDING OF THE IMPACT OF VARIOUS TYPES OF INTERVENTIONS OVER TIME.Expenses $468,830 · revenue $252,251
- THE HEALTHY MINDS PROGRAM OFFERS CUSTOM CONTENT AND CONSULTING TO CORPORATE, EDUCATIONAL, AND RESEARCH CLIENTS THROUGH MOBILE MEASURES OF WELL-BEING, A SUITE OF TOOLS IMPLEMENTED ON A MOBILE DEVICE THAT MEASURE THE FOUR KEY CONSTITUENTS OF WELL-BEING, BASED ON A COMPREHENSIVE NEUROSCIENTIFICALLY GROUNDED FRAMEWORK: AWARENESS, CONNECTION, INSIGHT, AND PURPOSE. THE HEALTHY MINDS PROGRAM APP IS ALSO AVAILABLE FREELY WORLDWIDE TO INDIVIDUALS TO TEACH AND MEASURE THE SKILLS OF MENTAL WELL-BEING.DURING THIS PERIOD, HMI ALSO MAINTAINED THE HEALTHY MINDS RESEARCH PLATFORM, A MOBILE-FRIENDLY WEB PLATFORM THAT DELIVERS PERSONALIZED ACTIVITIES AND VALIDATED MEASURES TAILORED TO AN INDIVIDUAL'S NEEDS. THE PLATFORM IS DESIGNED TO INTAKE RICH DATASETS - INCLUDING FACIAL EXPRESSION, VOCAL UTTERANCES, AND GEOGRAPHICAL LOCATION - TO DELIVER THE RIGHT INTERVENTION TO THE RIGHT PERSON AT THE RIGHT TIME. THIS NEW WEB-BASED PLATFORM CAN BE USED FOR CONDUCTING RESEARCH, TEACHING AND MEASURING SKILLS OF WELL-BEING, AND IS DESIGNED TO BE MORE FLEXIBLE AND ACCESSIBLE TO MORE PEOPLE. THE PLATFORM ALSO ALLOWS FOR EASIER TAILORING OF SERVICES AND CAN BE SET UP TO PROVIDE A PERSONALIZED EXPERIENCE, DESIGNED TO INCREASE ENGAGEMENT AND IMPACT. IN ADDITION, THE PLATFORM IS SIMPLER AND MORE EFFICIENT TO MAINTAIN.Expenses $585,551 · revenue $629,780
- THE HEALTHY MINDS DIRECT-TO-CONSUMER (D2C) PROGRAM BRINGS THE SCIENCE OF EMOTIONAL WELL-BEING DIRECTLY TO INDIVIDUALS THROUGH ACCESSIBLE, RESEARCH-BASED DIGITAL EXPERIENCES. A CENTRAL PART OF THIS EFFORT IS THE EMOTIONAL STYLES QUIZ (ESQ), A FREE ONLINE TOOL THAT INTRODUCES PEOPLE TO THEIR UNIQUE "EMOTIONAL STYLE" ACROSS SIX DIMENSIONS OF WELL-BEING: RESILIENCE, OUTLOOK, SOCIAL INTUITION, SELF-AWARENESS, SENSITIVITY TO CONTEXT, AND ATTENTION. SINCE ITS INITIAL LAUNCH, MORE THAN 24,000 PEOPLE HAVE TAKEN THE QUIZ TO BETTER UNDERSTAND THEIR EMOTIONAL STRENGTHS AND AREAS FOR GROWTH.IN 2024, HEALTHY MINDS INNOVATIONS (HMI) CONDUCTED EXTENSIVE USER RESEARCH AND TESTING TO IMPROVE THE ESQ EXPERIENCE, FOCUSING ON CLEARER QUESTION DESIGN, AN INVITING WELCOME EXPERIENCE, MORE MEANINGFUL RESULTS VISUALIZATIONS, AND SMOOTHER TECHNICAL PERFORMANCE. THE UPCOMING DECEMBER 2025 RELEASE WILL FEATURE A FULLY REBRANDED USER INTERFACE, EXPANDED PERSONALIZATION, AND SEAMLESS INTEGRATION WITH THE NEW HEALTHY MINDS WEBSITE. THE REDESIGNED ESQ WILL CONTINUE TO BE OFFERED FREE OF CHARGE AS A KEY ENTRY POINT TO THE HEALTHY MINDS ECOSYSTEM, HELPING TO EXPAND ACCESS TO WELL-BEING SCIENCE FOR AUDIENCES WORLDWIDE.IN ADDITION TO THE QUIZ, HMI ALSO LAUNCHED A NEW ONLINE COURSE FOR MANAGERS, TRUST STARTS WITH YOU: THE SKILL OF SELF-AWARENESS, WHICH INTRODUCES SELF-AWARENESS AS A CORE LEADERSHIP SKILL FOR BUILDING TRUST AND FOSTERING TEAM WELL-BEING. GROUNDED IN THE ACIP FRAMEWORK (AWARENESS, CONNECTION, INSIGHT, AND PURPOSE), THE COURSE TEACHES MANAGERS HOW TO STAY GROUNDED AND RESPOND SKILLFULLY UNDER PRESSURE THROUGH A SHORT, SCIENCE-BASED CURRICULUM INCLUDING A TEACHING VIDEO, GUIDED PRACTICE, AND EVERYDAY STRATEGIES. TOGETHER, THESE OFFERINGS EXTEND HMI'S MISSION TO TRANSLATE THE SCIENCE OF WELL-BEING INTO SCALABLE, EVIDENCE-BASED TOOLS THAT EMPOWER INDIVIDUALS AND LEADERS TO CULTIVATE HEALTHIER MINDS AND COMMUNITIES.Expenses $147,258 · revenue $12,013
- THE LOKA INITIATIVE CONTRIBUTES TO WELL-BEING BY SUPPORTING FAITH-LED ENVIRONMENTAL EFFORTS LOCALLY AND AROUND THE WORLD. A NEW ONLINE COURSE CALLED "PSYCHOLOGY OF DEEP RESILIENCE; ADDRESSING ECOANXIETY AND CLIMATE DISTRESS FOR INDIVIDUAL, SOCIAL AND ECOLOGICAL WELL-BEING" LAUNCHED IN SUMMER 2024 THROUGH THE ONLINE LEARNING PLATFORM EDX. THE 4-PART PROGRAM IS DESIGNED TO HELP PARTICIPANTS MEET ENVIRONMENTAL AND CLIMATE CRISES WITH COURAGE, DETERMINATION AND A FIERCE RECLAMATION OF COMMUNAL JOY. THE COURSE IS AVAILABLE ON A ROLLING BASIS, IN 70+ COUNTRIES. TO DATE OVER 1K PEOPLE HAVE REGISTERED FOR THE COURSE. LOKA ALSO LAUNCHED A FILM PROJECT IN PARTNERSHIP WITH BRAVEBIRD, A LOCAL, INDIGENOUS, FEMALE-OWNED FILM COMPANY AND A TEAM OF NATIVE AND INDIGENOUS LEADERS. THE FILM FOCUSES ON INDIGENOUS WISDOM AND TRADITIONAL ECOLOGICAL KNOWLEDGE IN WISCONSIN.Expenses $19,113
- SPEAKING ENGAGEMENTS ENGAGE A CRITICAL MASS OF PEOPLE WHO EMBRACE PRACTICES THAT CULTIVATE WELL-BEING AND INSPIRE A GLOBAL SHIFT TOWARD A KINDER, MORE COMPASSIONATE WORLD.Expenses $56 · revenue $64,798
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 47-1196006
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,987,277
- Income (IRS master file)
- $1,768,062
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,768,062 | $1,807,102 | $3,987,277 | XML |
| 990 | June 2024 | $4,612,344 | $3,903,438 | $3,868,306 | XML |
| 990 | June 2023 | $4,991,534 | $5,054,962 | $3,240,416 | XML |
| 990 | June 2022 | $3,825,213 | $6,015,104 | $3,070,291 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-1196006).
Questions about HEALTHY MINDS INNOVATIONS INC
- What is the EIN of HEALTHY MINDS INNOVATIONS INC?
- The employer identification number (EIN) of HEALTHY MINDS INNOVATIONS INC is 47-1196006.
- Is HEALTHY MINDS INNOVATIONS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to HEALTHY MINDS INNOVATIONS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HEALTHY MINDS INNOVATIONS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HEALTHY MINDS INNOVATIONS INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HEALTHY MINDS INNOVATIONS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of HEALTHY MINDS INNOVATIONS INC?
- The 990 for the year ended December 31, 2024 names STEPHEN ARNOLD.
- Who are the officers and directors of HEALTHY MINDS INNOVATIONS INC?
- The 990 for the year ended December 31, 2024 lists 17 people; 8 received compensation from the organization, the highest $262,689 (CHRISTINA GLAVAS, CHIEF EXECUTIVE OFFICER).
- How much revenue does HEALTHY MINDS INNOVATIONS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,768,062, expenses of $1,807,102 and total assets of $3,987,277 at year end.
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