Mindful Living Initiative
Mindful Living Initiative consistently generates surpluses, maintains strong assets, and reports no officer compensation.
EIN: 204495929 · Alstead, NH · NTEE: X03 · Updated: 2026-03-28
Is Mindful Living Initiative Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mindful Living Initiative directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Mindful Living Initiative
Mindful Living Initiative (EIN: 204495929) is a nonprofit organization based in Alstead, NH, classified under NTEE code X03. The organization reported total revenue of $333K and total assets of $822K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mindful Living Initiative'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 Mindful Living Initiative 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Mindful Living Initiative allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 filings, indicating either a volunteer-led executive team or compensation structured in a way that is not classified as officer pay, which is a positive sign for resource allocation.
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 Mindful Living Initiative's IRS 990 filings:
- High liabilities relative to assets in earlier years (e.g., 2014: $1,092,718 liabilities vs. $954,365 assets), though this trend has improved.
Strengths
The following positive indicators were identified for Mindful Living Initiative:
- Consistent revenue exceeding expenses, leading to annual surpluses (e.g., $9,518 surplus in 2023).
- Strong and stable asset base, reaching $821,540 in the latest period.
- Zero reported officer compensation across all 13 filings, indicating efficient use of funds or volunteer leadership.
- Significant reduction in liabilities over the past decade, improving the organization's financial position.
- Consistent filing history (13 filings) demonstrating good transparency and compliance.
Frequently Asked Questions about Mindful Living Initiative
Is Mindful Living Initiative a legitimate charity?
Based on AI analysis of IRS 990 filings, Mindful Living Initiative (EIN: 204495929) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Mindful Living Initiative spend its money?
Mindful Living Initiative directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mindful Living Initiative tax-deductible?
Mindful Living Initiative is registered as a tax-exempt nonprofit (EIN: 204495929). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Mindful Living Initiative financially stable?
Yes, the organization appears financially stable, consistently generating more revenue than expenses (e.g., $163,363 revenue vs. $153,845 expenses in 2023) and maintaining a strong asset base of $821,540.
How has the organization's financial health changed over time?
Mindful Living Initiative has shown consistent revenue generation and expense management, leading to surpluses. Liabilities have significantly decreased from over $1 million in 2014 to $443,067 in 2023, while assets have remained robust, indicating improving financial health.
Does Mindful Living Initiative pay its executives?
According to all available IRS 990 filings, Mindful Living Initiative reports 0% officer compensation, suggesting that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation.
Filing History
IRS 990 filing history for Mindful Living Initiative showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mindful Living Initiative's revenue has grown by 945.2%, moving from $16K to $163K. Total assets increased by 7.3% over the same period, from $718K to $771K. Total functional expenses rose by 506.4%, from $25K to $154K. In its most recent filing year (2023), Mindful Living Initiative reported a surplus of $10K, with revenue exceeding expenses. The organization holds $443K in liabilities against $771K in assets (debt-to-asset ratio: 57.5%), resulting in net assets of $328K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $163K | $154K | $771K | $443K | — | — |
| 2022 | $271K | $133K | $771K | $452K | — | View 990 |
| 2021 | $137K | $121K | $768K | $587K | — | View 990 |
| 2020 | $128K | $81K | $783K | $619K | — | View 990 |
| 2019 | $108K | $78K | $780K | $663K | — | View 990 |
| 2018 | $194K | $101K | $746K | $659K | — | View 990 |
| 2017 | $107K | $85K | $716K | $721K | — | View 990 |
| 2016 | $97K | $67K | $764K | $791K | — | View 990 |
| 2015 | $125K | $45K | $739K | $797K | — | — |
| 2014 | $59K | $46K | $954K | $1.1M | — | View 990 |
| 2013 | $23K | $77K | $770K | $921K | — | View 990 |
| 2012 | $20K | $62K | $824K | $922K | — | View 990 |
| 2011 | $16K | $25K | $718K | $775K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $163K, expenses of $154K, and assets of $771K (revenue -39.7% year-over-year).
- 2022: Revenue of $271K, expenses of $133K, and assets of $771K (revenue +97.4% year-over-year).
- 2021: Revenue of $137K, expenses of $121K, and assets of $768K (revenue +7.0% year-over-year).
- 2020: Revenue of $128K, expenses of $81K, and assets of $783K (revenue +18.8% year-over-year).
- 2019: Revenue of $108K, expenses of $78K, and assets of $780K (revenue -44.2% year-over-year).
- 2018: Revenue of $194K, expenses of $101K, and assets of $746K (revenue +80.8% year-over-year).
- 2017: Revenue of $107K, expenses of $85K, and assets of $716K (revenue +10.1% year-over-year).
- 2016: Revenue of $97K, expenses of $67K, and assets of $764K (revenue -22.5% year-over-year).
- 2015: Revenue of $125K, expenses of $45K, and assets of $739K (revenue +111.0% year-over-year).
- 2014: Revenue of $59K, expenses of $46K, and assets of $954K (revenue +154.7% year-over-year).
- 2013: Revenue of $23K, expenses of $77K, and assets of $770K (revenue +14.0% year-over-year).
- 2012: Revenue of $20K, expenses of $62K, and assets of $824K (revenue +31.0% year-over-year).
- 2011: Revenue of $16K, expenses of $25K, and assets of $718K.
Data Sources and Methodology
This transparency report for Mindful Living Initiative 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.