Mind Body Solutions
EIN: 460469916 · Orono, MN · NTEE: P50
| Metric | Value |
|---|---|
| Total Revenue | $238K |
| Total Expenses | $287K |
| Net Assets | $702K |
Is Mind Body Solutions Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mind Body Solutions
Mind Body Solutions (EIN: 460469916) is a nonprofit organization based in Orono, MN, classified under NTEE code P50. The organization reported total revenue of $238K and total assets of $684K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mind Body Solutions's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mind Body Solutions is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $191K |
| Total Expenses | $287K |
| Surplus / Deficit | $-96,850 |
| Total Assets | $709K |
| Total Liabilities | $8K |
| Net Assets | $702K |
| Operating Margin | -50.8% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 29.6 months |
Financial Health Grade: B
In 2023, Mind Body Solutions reported a deficit of $97K with expenses exceeding revenue, holds 29.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mind Body Solutions's revenue has declined at a compound annual growth rate (CAGR) of -5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.0% | -24.4% | -11.4% |
| 2022 | -49.0% | -6.1% | -14.6% |
| 2021 | -16.9% | -1.7% | +8.2% |
| 2020 | +15.9% | +0.5% | +20.5% |
| 2019 | +1.9% | -17.1% | +15.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mind Body Solutions has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mind Body Solutions with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $97K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.1%.
Frequently Asked Questions about Mind Body Solutions
Is Mind Body Solutions a legitimate charity?
Mind Body Solutions (EIN: 460469916) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $238K. No red flags identified. Financial health grade: B.
How does Mind Body Solutions spend its money?
Mind Body Solutions reported $238K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mind Body Solutions tax-deductible?
Mind Body Solutions is registered as a tax-exempt nonprofit (EIN: 460469916). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mind Body Solutions located?
Mind Body Solutions is headquartered in Orono, Minnesota and files with the IRS under EIN 460469916. It is classified under NTEE code P50.
How many years of IRS 990 filings does Mind Body Solutions have?
Mind Body Solutions has 13 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 $238K in total revenue.
Filing History
IRS 990 filing history for Mind Body Solutions showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mind Body Solutions's revenue has declined by 48.4%, moving from $369K to $191K. Total assets increased by 86.5% over the same period, from $380K to $709K. Total functional expenses fell by 12.6%, from $329K to $287K. In its most recent filing year (2023), Mind Body Solutions reported a deficit of $97K, with expenses exceeding revenue. The organization holds $8K in liabilities against $709K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $702K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $191K | $287K | $709K | $8K | — | View 990 |
| 2022 | $244K | $380K | $801K | $2K | — | — |
| 2021 | $479K | $405K | $938K | $3K | — | — |
| 2020 | $577K | $412K | $867K | $6K | — | View 990 |
| 2019 | $498K | $410K | $719K | $24K | — | View 990 |
| 2018 | $488K | $494K | $623K | $16K | — | View 990 |
| 2017 | $486K | $481K | $622K | $9K | — | View 990 |
| 2016 | $532K | $474K | $653K | $46K | — | View 990 |
| 2015 | $487K | $474K | $630K | $80K | — | View 990 |
| 2014 | $531K | $434K | $613K | $76K | — | View 990 |
| 2013 | $501K | $428K | $542K | $98K | — | View 990 |
| 2012 | $532K | $384K | $508K | $136K | — | View 990 |
| 2011 | $369K | $329K | $380K | $157K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $191K, expenses of $287K, and assets of $709K (revenue -22.0% year-over-year).
- 2022: Revenue of $244K, expenses of $380K, and assets of $801K (revenue -49.0% year-over-year).
- 2021: Revenue of $479K, expenses of $405K, and assets of $938K (revenue -16.9% year-over-year).
- 2020: Revenue of $577K, expenses of $412K, and assets of $867K (revenue +15.9% year-over-year).
- 2019: Revenue of $498K, expenses of $410K, and assets of $719K (revenue +1.9% year-over-year).
- 2018: Revenue of $488K, expenses of $494K, and assets of $623K (revenue +0.5% year-over-year).
- 2017: Revenue of $486K, expenses of $481K, and assets of $622K (revenue -8.5% year-over-year).
- 2016: Revenue of $532K, expenses of $474K, and assets of $653K (revenue +9.1% year-over-year).
- 2015: Revenue of $487K, expenses of $474K, and assets of $630K (revenue -8.4% year-over-year).
- 2014: Revenue of $531K, expenses of $434K, and assets of $613K (revenue +6.1% year-over-year).
- 2013: Revenue of $501K, expenses of $428K, and assets of $542K (revenue -5.9% year-over-year).
- 2012: Revenue of $532K, expenses of $384K, and assets of $508K (revenue +44.2% year-over-year).
- 2011: Revenue of $369K, expenses of $329K, and assets of $380K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mind Body Solutions:
Data Sources and Methodology
This transparency report for Mind Body Solutions 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.