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

$3.8MRevenue
$5.0MAssets
92/100Mission Score (Excellent)
F99

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

Minding Your Mind demonstrates a generally healthy financial trajectory, with significant growth in revenue and assets over the past decade. The organization's latest reported assets stand at $5,004,136, a substantial increase from $682,774 in 2014. While there was a dip in revenue in the 202306 period to $1,481,751 from $3,414,473 in 202206, this appears to be an anomaly in an otherwise upward trend. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice enhances public trust and suggests efficient use of donor contributions. The organization's spending efficiency appears robust, particularly given the consistent reporting of no officer compensation. The significant growth in assets, even with fluctuations in annual revenue, suggests sound financial management and an ability to build reserves. The 202306 period saw expenses ($1,862,342) exceed revenue ($1,481,751), resulting in a deficit for that year, which warrants monitoring. However, the overall trend of increasing assets and the absence of executive compensation are positive indicators of financial health and a focus on programmatic impact. The consistent filing of IRS 990 forms over 13 periods also points to good transparency practices.

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

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:

Strengths

The following positive indicators were identified for Minding Your Mind:

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.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
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

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.

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