Minding Your Mind
Minding Your Mind shows strong asset growth and no executive compensation, despite recent revenue fluctuations.
EIN: 208448707 · Ardmore, PA · NTEE: F99 · Updated: 2026-03-28
About Minding Your Mind
Minding Your Mind (EIN: 208448707) is a nonprofit organization based in Ardmore, PA, classified under NTEE code F99. The organization reported total revenue of $3.8M and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minding Your Mind'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 Minding Your Mind with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Minding Your Mind allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Minding Your Mind consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries. This is highly unusual for an organization of its size with latest revenue of $3,834,186 and assets of $5,004,136, suggesting either a volunteer-led executive team or compensation being reported under other expense categories, which would require further investigation for full transparency.
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 Minding Your Mind's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this size, potentially obscuring executive remuneration.
- Significant revenue drop in 202306 ($1,481,751) compared to 202206 ($3,414,473).
- Expenses ($1,862,342) exceeded revenue ($1,481,751) in the 202306 period, leading to an operating deficit.
Strengths
The following positive indicators were identified for Minding Your Mind:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to mission-focused spending.
- Significant growth in assets from $682,774 in 2014 to $5,004,136 currently, demonstrating strong financial management and stability.
- Long history of IRS 990 filings (13 filings), indicating good transparency and compliance.
- Overall positive trend in revenue growth over the past decade, despite recent fluctuations.
Frequently Asked Questions about Minding Your Mind
How does Minding Your Mind sustain its operations without reporting officer compensation?
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization of this size. It suggests either a fully volunteer-led executive team, or that executive compensation is being reported under other expense categories, which would require further clarification from the organization to fully understand their compensation structure.
What caused the significant drop in revenue in the 202306 period compared to 202206?
Revenue decreased from $3,414,473 in 202206 to $1,481,751 in 202306. This represents a substantial decline and warrants further inquiry into the specific reasons, such as changes in funding sources, grant cycles, or fundraising activities, to understand if this is a temporary fluctuation or a trend.
Is the organization's recent deficit in 202306 a cause for concern?
In the 202306 period, expenses ($1,862,342) exceeded revenue ($1,481,751), resulting in a deficit. While the organization has substantial assets ($3,174,950 in 202306), a sustained trend of operating deficits could impact long-term financial stability. It's important to monitor future filings to see if this was an isolated event or a recurring issue.
Filing History
IRS 990 filing history for Minding Your Mind showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Minding Your Mind's revenue has grown by 240.4%, moving from $435K to $1.5M. Total assets increased by 457.6% over the same period, from $569K to $3.2M. Total functional expenses rose by 771.5%, from $214K to $1.9M. In its most recent filing year (2023), Minding Your Mind reported a deficit of $381K, with expenses exceeding revenue. The organization holds $146K in liabilities against $3.2M in assets (debt-to-asset ratio: 4.6%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.9M | $3.2M | $146K | — | — |
| 2022 | $3.4M | $1.5M | $3.5M | $56K | — | View 990 |
| 2021 | $1.3M | $1.3M | $1.7M | $175K | — | View 990 |
| 2020 | $1.5M | $1.4M | $1.6M | $153K | — | View 990 |
| 2019 | $1.1M | $1.2M | $1.4M | $34K | — | View 990 |
| 2018 | $1.1M | $965K | $1.4M | $46K | — | View 990 |
| 2017 | $1.1M | $762K | $1.3M | $62K | — | View 990 |
| 2016 | $998K | $694K | $1.2M | $196K | — | View 990 |
| 2015 | $528K | $536K | $704K | $49K | — | View 990 |
| 2014 | $457K | $417K | $683K | $19K | — | View 990 |
| 2013 | $450K | $312K | $632K | $8K | — | View 990 |
| 2012 | $492K | $314K | $757K | $272K | — | View 990 |
| 2011 | $435K | $214K | $569K | $262K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.9M, and assets of $3.2M (revenue -56.6% year-over-year).
- 2022: Revenue of $3.4M, expenses of $1.5M, and assets of $3.5M (revenue +154.1% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.3M, and assets of $1.7M (revenue -12.5% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.4M, and assets of $1.6M (revenue +36.1% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.2M, and assets of $1.4M (revenue +6.0% year-over-year).
- 2018: Revenue of $1.1M, expenses of $965K, and assets of $1.4M (revenue -0.5% year-over-year).
- 2017: Revenue of $1.1M, expenses of $762K, and assets of $1.3M (revenue +7.3% year-over-year).
- 2016: Revenue of $998K, expenses of $694K, and assets of $1.2M (revenue +89.2% year-over-year).
- 2015: Revenue of $528K, expenses of $536K, and assets of $704K (revenue +15.5% year-over-year).
- 2014: Revenue of $457K, expenses of $417K, and assets of $683K (revenue +1.4% year-over-year).
- 2013: Revenue of $450K, expenses of $312K, and assets of $632K (revenue -8.5% year-over-year).
- 2012: Revenue of $492K, expenses of $314K, and assets of $757K (revenue +13.1% year-over-year).
- 2011: Revenue of $435K, expenses of $214K, and assets of $569K.
Data Sources and Methodology
This transparency report for Minding Your Mind 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.