Mental Fitness Inc
Mental Fitness Inc maintains stable finances with no liabilities and consistent revenue around $100,000.
EIN: 208489636 · Spartanburg, SC · NTEE: A60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $107K |
| Total Expenses | $113K |
| Program Spending | 85% |
| Net Assets | $41K |
| Transparency Score | 85/100 |
Is Mental Fitness Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mental Fitness Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mental Fitness Inc
Mental Fitness Inc (EIN: 208489636) is a nonprofit organization based in Spartanburg, SC, classified under NTEE code A60. The organization reported total revenue of $107K and total assets of $41K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mental Fitness Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mental Fitness Inc is a small nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $107K |
| Total Expenses | $113K |
| Surplus / Deficit | $-6,004 |
| Total Assets | $41K |
| Net Assets | $41K |
| Operating Margin | -5.6% |
| Months of Reserves | 4.4 months |
Financial Health Grade: B
In 2022, Mental Fitness Inc reported a deficit of $6K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate).
Financial Trends
Over 12 years of filings (2011–2022), Mental Fitness Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +25.5% | +56.7% | -14.5% |
| 2021 | -13.6% | -19.5% | +44.2% |
| 2020 | +286.9% | +253.4% | — |
| 2019 | -73.6% | -67.2% | -100.0% |
| 2018 | +0.4% | -31.4% | +45.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mental Fitness Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Mental Fitness Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
Executive Compensation Analysis
Mental Fitness Inc reports 0% officer compensation across all 12 available filings, indicating that no executive salaries are paid, which is highly unusual for an organization of its size and suggests a volunteer-led or very lean operational model.
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 Mental Fitness Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Expenses occasionally exceeding revenue (e.g., $112,515 expenses vs. $106,511 revenue in 2022)
Strengths
The following positive indicators were identified for Mental Fitness Inc:
- Zero liabilities reported in recent years (2019-2022)
- 0% officer compensation across all filings, indicating high resource allocation to mission
- Consistent filing of IRS Form 990s over 12 periods, demonstrating transparency
- Positive and growing asset base ($40,938 in 2022)
- Stable revenue generation around $100,000 in recent years
Frequently Asked Questions about Mental Fitness Inc
Is Mental Fitness Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mental Fitness Inc (EIN: 208489636) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Mental Fitness Inc spend its money?
Mental Fitness Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mental Fitness Inc tax-deductible?
Mental Fitness Inc is registered as a tax-exempt nonprofit (EIN: 208489636). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mental Fitness Inc's spending goes to programs?
Mental Fitness Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mental Fitness Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mental Fitness Inc is above average for NTEE category A60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mental Fitness Inc located?
Mental Fitness Inc is headquartered in Spartanburg, South Carolina and files with the IRS under EIN 208489636. It is classified under NTEE code A60.
How many years of IRS 990 filings does Mental Fitness Inc have?
Mental Fitness Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $107K in total revenue.
Is Mental Fitness Inc financially stable?
Yes, Mental Fitness Inc appears financially stable. It has consistently generated revenue around $100,000 in recent years (e.g., $106,511 in 2022) and has reported zero liabilities since 2019, with assets growing to $40,938 in 2022.
Does Mental Fitness Inc spend efficiently?
Based on the available data, Mental Fitness Inc appears to spend efficiently, particularly given that 0% of its expenses are allocated to officer compensation across all reported periods. This suggests a strong focus on directing funds towards its mission.
How transparent is Mental Fitness Inc?
Mental Fitness Inc demonstrates good transparency by consistently filing its IRS Form 990s over 12 periods, providing public access to its financial data.
What is the trend in Mental Fitness Inc's revenue?
Mental Fitness Inc's revenue has been relatively stable, fluctuating around the $100,000 mark in recent years, with $106,511 in 2022 and $84,861 in 2021, after a dip to $25,393 in 2019.
Filing History
IRS 990 filing history for Mental Fitness Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Mental Fitness Inc's revenue has grown by 40%, moving from $76K to $107K. Total assets increased by 384.5% over the same period, from $8K to $41K. Total functional expenses rose by 24.9%, from $90K to $113K. In its most recent filing year (2022), Mental Fitness Inc reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $107K | $113K | $41K | $0 | — | View 990 |
| 2021 | $85K | $72K | $48K | $0 | — | View 990 |
| 2020 | $98K | $89K | $33K | $0 | — | — |
| 2019 | $25K | $25K | $0 | $0 | — | View 990 |
| 2018 | $96K | $77K | $20K | $10K | — | View 990 |
| 2017 | $96K | $112K | $13K | $23K | — | View 990 |
| 2016 | $91K | $66K | $21K | $13K | — | View 990 |
| 2015 | $102K | $114K | $5K | $23K | — | View 990 |
| 2014 | $154K | $151K | $10K | $17K | — | View 990 |
| 2013 | $131K | $126K | $17K | $26K | — | View 990 |
| 2012 | $103K | $92K | $12K | $26K | — | View 990 |
| 2011 | $76K | $90K | $8K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $107K, expenses of $113K, and assets of $41K (revenue +25.5% year-over-year).
- 2021: Revenue of $85K, expenses of $72K, and assets of $48K (revenue -13.6% year-over-year).
- 2020: Revenue of $98K, expenses of $89K, and assets of $33K (revenue +286.9% year-over-year).
- 2019: Revenue of $25K, expenses of $25K, and assets of $0 (revenue -73.6% year-over-year).
- 2018: Revenue of $96K, expenses of $77K, and assets of $20K (revenue +0.4% year-over-year).
- 2017: Revenue of $96K, expenses of $112K, and assets of $13K (revenue +4.9% year-over-year).
- 2016: Revenue of $91K, expenses of $66K, and assets of $21K (revenue -10.6% year-over-year).
- 2015: Revenue of $102K, expenses of $114K, and assets of $5K (revenue -33.7% year-over-year).
- 2014: Revenue of $154K, expenses of $151K, and assets of $10K (revenue +17.2% year-over-year).
- 2013: Revenue of $131K, expenses of $126K, and assets of $17K (revenue +27.2% year-over-year).
- 2012: Revenue of $103K, expenses of $92K, and assets of $12K (revenue +35.7% year-over-year).
- 2011: Revenue of $76K, expenses of $90K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mental Fitness Inc:
Data Sources and Methodology
This transparency report for Mental Fitness 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.