Applied Mindfulness Training Inc
Applied Mindfulness Training Inc. reports zero revenue and assets in its latest filing, indicating potential inactivity after years of deficit spending.
EIN: 203858529 · Barnet, VT · NTEE: B600 · Updated: 2026-03-28
Is Applied Mindfulness Training Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Applied Mindfulness Training Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Applied Mindfulness Training Inc
Applied Mindfulness Training Inc (EIN: 203858529) is a nonprofit organization based in Barnet, VT, classified under NTEE code B600. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Applied Mindfulness Training Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Applied Mindfulness Training Inc with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Applied Mindfulness Training Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation was consistently reported as 0% across all filing periods, indicating that officers were not paid, which is commendable for an organization of its size and financial capacity.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Applied Mindfulness Training Inc's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, suggesting inactivity.
- Consistent deficit spending in active years (e.g., 2013 expenses $13,320 vs. revenue $9,894).
- Significant and continuous decline in revenue from $129,298 in 2011 to $0 in the latest period.
Strengths
The following positive indicators were identified for Applied Mindfulness Training Inc:
- Consistent 0% officer compensation across all filing periods.
- History of filing IRS Form 990s, demonstrating regulatory compliance even when inactive.
Frequently Asked Questions about Applied Mindfulness Training Inc
Is Applied Mindfulness Training Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Applied Mindfulness Training Inc (EIN: 203858529) significant concerns. Mission Score: 40/100. 3 red flags identified, 2 strengths noted.
How does Applied Mindfulness Training Inc spend its money?
Applied Mindfulness Training Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Applied Mindfulness Training Inc tax-deductible?
Applied Mindfulness Training Inc is registered as a tax-exempt nonprofit (EIN: 203858529). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Applied Mindfulness Training Inc. still operational?
Based on the latest filing showing $0 revenue and $0 assets, it is highly probable that Applied Mindfulness Training Inc. is no longer actively operational or is in the process of dissolution.
What caused the significant decline in revenue from $129,298 in 2011 to $0 in the latest period?
The provided data does not specify the reasons for the revenue decline, but such a drastic drop often indicates a loss of funding sources, cessation of programs, or a strategic decision to cease operations.
How did the organization cover its expenses when revenue was consistently lower than expenses in earlier years?
In years like 2013 and 2012, where expenses exceeded revenue, the organization likely covered the deficit by drawing down on prior year reserves or through other non-revenue financial support not detailed in the summary data.
Filing History
IRS 990 filing history for Applied Mindfulness Training Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Applied Mindfulness Training Inc's revenue has declined by 89.2%, moving from $129K to $14K. Total assets decreased by 62.2% over the same period, from $15K to $6K. Total functional expenses fell by 92.4%, from $137K to $10K. In its most recent filing year (2014), Applied Mindfulness Training Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $383 in liabilities against $6K in assets (debt-to-asset ratio: 6.9%), resulting in net assets of $5K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2014 | $14K | $10K | $6K | $383 | — | View 990 |
| 2013 | $10K | $13K | $2K | $201 | — | View 990 |
| 2012 | $29K | $33K | $5K | $200 | — | View 990 |
| 2011 | $129K | $137K | $15K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $14K, expenses of $10K, and assets of $6K (revenue +41.1% year-over-year).
- 2013: Revenue of $10K, expenses of $13K, and assets of $2K (revenue -66.3% year-over-year).
- 2012: Revenue of $29K, expenses of $33K, and assets of $5K (revenue -77.3% year-over-year).
- 2011: Revenue of $129K, expenses of $137K, and assets of $15K.
Data Sources and Methodology
This transparency report for Applied Mindfulness Training Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.