Mental Fitness Inc
Nonprofit profile at a glance
- EIN
- 208489636
- IRS 990-EZ coverage
- 2011–2022
- Forms available
- Form 990-EZ 2022
- Location
- Spartanburg, SC, USA
- Phone
- 8645906916
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Performing Arts Organizations
Reported finances
- Revenue
- $69,867
- Expenses
- $107,700
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- LORI BURNEY (EXECUTIVE DIRECTOR)
- JOE BABCOCK (PRESIDENT)
- SUZY COLE (VICE PRESIDENT)
People named in this filing
- LORI BURNEY (EXECUTIVE DIRECTOR)
- JOE BABCOCK (PRESIDENT)
- COURTNEY DOBBINS (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of mental fitness is to support mental health initiatives by offering resources proven to enhance an individual's ability to cope with strees, to make healthy choices, and to develop positive relationships.
What it reported doing in 2022
To support mental health initiatives by offering resources proven to enhance an individual's ability to cope with strees, to make healthy choices, and to develop positive relationships.
Operating model
- Revenue model
- Donor-supported. 61% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 100
- Sustainability: 7
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 70%; rating input score 70
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -54.2%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 39%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: -5.4% per year; rating input score 0; 38th percentile among comparable filings
- Revenue growth: -2.3% per year; rating input score 0; 47th percentile among comparable filings
- Asset growth: 8.4% per year; rating input score 100; 67th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 70% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $75K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Filing history: 10 filing years from 2011 to 2022
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 13/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Sustainability: Officer compensation ratio scored 5/100.