TOOLS OF THE MIND

EIN: 832864497 501(c)(3) Religion

SHIRLEY, MA

Total Revenue
$3,937,795
Total Expenses
$5,471,174
Total Assets
$6,560,030
Net Assets
$6,079,763
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
CO
Principal Officer
NATHANIEL FOOTE
Phone
6177588857
Tax Period
2024-07-01 to 2025-06-30

TOOLS OF THE MIND, founded in 2018, is a community nonprofit in the Religion sector that reported $3.9M in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $5.5M exceeded revenue, resulting in a 39% operating deficit.

Mission

TO HELP ALL CHILDREN LEARN AND DEVELOP TO THEIR FULL POTENTIAL BY APPLYING DEVELOPMENTAL THEORY-BASED PRINCIPLES OF LEARNING TO EARLY CHILDHOOD EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $3,689,718 Revenue: $3,563,346

TOOLS OF THE MIND IS A RESEARCH-BASED EARLY CHILDHOOD MODEL COMBINING TEACHER PROFESSIONAL DEVELOPMENT WITH A COMPREHENSIVE INNOVATIVE CURRICULUM THAT HELPS YOUNG CHILDREN TO DEVELOP THE COGNITIVE...

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TOOLS OF THE MIND IS A RESEARCH-BASED EARLY CHILDHOOD MODEL COMBINING TEACHER PROFESSIONAL DEVELOPMENT WITH A COMPREHENSIVE INNOVATIVE CURRICULUM THAT HELPS YOUNG CHILDREN TO DEVELOP THE COGNITIVE, SOCIAL-EMOTIONAL, SELF-REGULATORY, AND FOUNDATIONAL ACADEMIC SKILLS THEY NEED TO SUCCEED IN SCHOOL AND BEYOND. TOOLS OF THE MIND IS DESIGNED TO SUPPORT THE DEVELOPMENT OF ALL YOUNG CHILDREN. TOOLS CURRENTLY SERVES OVER 49,000 CHILDREN IN PREK AND K CLASSROOMS THAT RUN THE GAMUT FROM SMALL RURAL SCHOOL DISTRICTS, TO LARGE URBAN DISTRICTS; FROM CHARTER SCHOOLS TO PUBLICLY FUNDED PROGRAMS. TOOLS OF THE MIND GIVES TEACHERS THE TOOLS TO ENSURE EVERY CHILD BECOMES A SUCCESSFUL LEARNER, DEVELOPING THE UNDERLYING COGNITIVE, SOCIAL AND EMOTIONAL SKILLS NEEDED TO REACH HIS OR HER HIGHEST POTENTIAL.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $140,000
Program Service Revenue $3,563,346
Investment Income $226,805
Other Revenue $7,644
TOTAL REVENUE $3,937,795

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,125,197
Fundraising Expenses $58,757
Program Expenses $3,689,718
Other Expenses $1,345,977
TOTAL EXPENSES $5,471,174

Year-over-Year Comparison

2024 2023 Change
Revenue $3,937,795 $6,398,740 -0.4%
Expenses $5,471,174 $5,151,604 +0.1%
Net Income $-1,533,379 $1,247,136 -2.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
5
Employees
37
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$394,451
Total Directors
6
$189,968
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARBARA WILDER-SMITH SECRETARY/ EXEC DIR. 37.50
Officer
$172,800 $31,683 $204,483
DEBORAH LEONG CO-FOUNDER/PRESIDENT 37.50
Officer Director
$153,444 $36,524 $189,968
OLIVER SAUNDERS WILDER DIRECTOR OF TECHNOLOGY 37.50
Highest
$140,169 $50,848 $191,017
CYNTHIA CADIGAN ASSOCIATE DIR. OF FINANCE & ADMIN. 37.50
Highest
$127,780 $43,053 $170,833
MARA VIANA HEAD OF SYSTEMS,OPERATION&INNOVATION 37.50
Highest
$139,419 $20,721 $160,140
MEGAN SPACCIAPOLI DIRECTOR OF DATA AND EVALUATION 37.50
Highest
$135,680 $16,512 $152,192
ANGELA ALVIS DIRECTOR OF PARTNERSHIP DEVELOPMENT 37.50
Highest
$127,519 $16,081 $143,600
NATHANIEL FOOTE CHAIR 4.00
Officer Director
$0 $0 $0
MIRIAM CALDERON DIRECTOR 1.00
Director
$0 $0 $0
ELLEN GALINSKY DIRECTOR 1.00
Director
$0 $0 $0
ELSA HOLGUIN DIRECTOR 1.00
Director
$0 $0 $0
JACQUELINE JONES DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,937,795 $5,471,174 $6,560,030 $-1,533,379
2024 $6,398,740 $5,151,604 $8,085,690 $1,247,136
2023 $5,800,009 $4,212,067 $6,802,716 $1,587,942
2022 $4,646,518 $3,807,551 $5,139,156 $838,967
2021 $5,282,072 $3,131,237 $4,682,421 $2,150,835
2020 $3,924,618 $2,853,381 $2,501,460 $1,071,237
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