Neural Education EIN 81-3195362 Form 990 (PDF) Claim this org

Neural Education

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Teaches students neural-informed practices to overcome stress and bias for better learning. For fiscal year 2024 it reported $435K in revenue, $278K in expenses, and $359K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Tacoma, WA
Website
neuraleducation.org
Filings
5 on file (2020–2024)
Revenue
$435KFY2024
Expenses
$278K
Net assets
$359K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  81-3195362 Public charity (501(c)(3)) Tacoma, WA
Form 990 (PDF)
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Size
$100K–1M
What they do
Teaches students neural-informed practices to overcome stress and bias for better learning.
Leadership
Missy Widmann · Co-Founder and President · $75K
Money in and out
$435K revenue, $278K expenses
Bottom line
61% program efficiency
Where the money goes · FY2024
Total revenue
$435K
Pt VIII · Ln 12
Total expenses
$278K
Pt IX · Ln 25
Net assets
$359K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $158K
Where spending went · Part IX cols B–D
Program services $0.61 Management & general $0.39
Program efficiency
61%
of spending reaches programs▼ -26% vs prior filing year
Operating runway
14.2mo
months of highly liquid reserves at operating expense rate▲ +56% vs prior filing year
Surplus margin
+36%
revenue over expenses, this year▲ +558% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$435K
FY2024▲ +52%
Expenses
$278K
FY2024▲ +3%
Total assets
$397K
FY2024▲ +59%
Total liabilities
$38K
FY2024▼ -20%
Total revenue
$435K
Pt VIII · Ln 12
Total expenses
$278K
Pt IX · Ln 25
Net assets
$359K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$158K
Total assetsPt X · Ln 16$397K
Program-expense ratioPt IX · col B61%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

2 program services account for $169K of program spending, described in the organization's own filed words · FY2024.
01

Individual School/Organization Programs (speaking Engagements)

Partnering with individual schools, school districts, government agencies, and other organizations, Neural Education provides professional development courses and institutes with the goal of bringing accessible neuroscience research, practices and tools to schools and classrooms everywhere!

$135Kprogram expense
02

In-Person and Virtual Institutes

In these 3-5 day immersive courses, a framework and foundation in evidence-based Neuroscience is taught that empowers educators. Participants gain insight into the science behind how children learn and are given practical and proven skills to identify and re-engage students.

$34Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNeural Education
EINHdr · item D81-3195362
Principal addressHdr · item CTacoma, WA
WebsiteHdr · item Jneuraleducation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFJun 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Co-Founder and President
$74,850Pt VII · Sec A
Executive Director
$66,795Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A

Missy Widmann’s $75K as Co-Founder and President is at the 67th percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Missy Widmann$74,850$53,528$20,983
Mary Snyder$66,795$33,221$16,138
Timothy Kieran Omahony$29,242
Tabitha Ellison$28,423$15,361
Timothy Kieran Omahony$15,414$24,346
Sophia Monge$13,717$11,812
Christine Young$10,214$7,635
Missy Widmann$6,300$4,575

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$234K · 54%
Contributions & grants$201K · 46%
Program service revenue54%$234K
Contributions & grants46%$201K
Investment income$24
Other revenue$341
Total revenueLn 12$435K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.61 Management & general $0.39
Program services61%$169K
Management & general39%$109K
Total functional expensesLn 25$278K

Balance Sheet

Part X · end of year
CashLn 1$329K
Total assetsLn 16$397K
Total liabilitiesLn 26$38K
Total net assetsLn 32$359K
Months of cash on handcomputed14.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $329K · Operating expenses/yr $278K
14.2 months
Where the money goes
Program services
Program services $169K · Total expenses $278K
61%
Management & General
Management & general $109K · Total expenses $278K
39%
Fundraising
Fundraising $0 · Total expenses $278K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $167 · Solicited contributions (3-yr avg) $70K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $201K · Total revenue $435K
46%
Government reliance
Government grants — · Total revenue $435K
Earned-income share
Program service revenue $234K · Total revenue $435K
54%
Investment reliance
Investment income $24 · Total revenue $435K
<0.01%
Program self-sufficiency
Program service revenue $234K · Total expenses $278K
84%
Growth & trend
Revenue growth (YoY)
This year $435K · Prior year $286K
+52%
Revenue CAGR
FY2020 $119K · FY2024 $435K
+38%
Net-asset trend (YoY)
End of year $359K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $435K · Expenses $278K
+36%
Liabilities-to-Assets
Total liabilities — · Total assets $397K
Net-asset ratio
Net assets $359K · Total assets $397K
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $397K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Missy Widmann · Reported title CO-FOUNDER AND PRESIDENT · Highest reported compensation $75K · Total expenses $278K
27%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $159K · Total expenses $278K
57%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 61%
Overhead ratio 39%
Fundraising cost ratio 0%
Revenue growth 52%
Accounting fee ratio 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$194K
Grants paid · 4 grants · $49K · 2022–2024
Unitemized GrantFY2024$15,390
Unitemized GrantFY2023$18,963
Unitemized GrantFY2023$3,440
Unitemized GrantFY2022$11,450

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$435K revenue · viewing · ⤓ 990 PDF
FY2023$286K revenue · ⤓ 990 PDF
FY2022$297K revenue · ⤓ 990 PDF
FY2021$151K revenue · ⤓ 990 PDF
FY2020$119K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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