Mind Blossom Inc

Nonprofit profile at a glance

EIN
922178954
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024, Form 990-N 2023
Location
Boston, MA, USA
Phone
4703126764
Rating
46
Verdict
MIXED
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$72,988
Expenses
$59,284
Assets
$13,704

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Pernille Yilmam (CEO)
  • Daniel Fincham (Board President)

People named in this filing

  • Pernille Yilmam (CEO)
  • Sushma Srinivasan (Director of Programming)
  • Aramie Bloom (Chief Compliance Officer)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Mind Blossom is on a mission to empower peoples mental wellbeing through psychoeducation, awareness building, and community engagement. We utilize evidence-based methods to help people understand themselves and others in ways that are proven to enhance mental health and prevent mental illness. While we work with companies and other institutions, Mind Blossoms overarching cause is to help develop and implement psychoeducational programs at community centers and schools. All profits are reinvested in this cause.

What it reported doing in 2024

Maternal Health Program: We designed and implemented a psychoeducation program for single and/or low-income new and expectant mothers in New Haven, CT. The program included psychoeducation, financial literacy, and financial assistance, and we measured a 24% reduction in anxiety, 60% reduction in trauma symptoms, and 350% increase in time spent on self-care activities. The program for 2024 Fall included 7 women as participants. We also recruited 6 women for the Winter/Spring 2025 program.

Operating model

Revenue model
Earned-program. 80% of the money available for current operations came from fees and other program revenue.
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

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 9
  • Transparency & Controls: 100
  • Sustainability: 40
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 7.8%; rating input score 8
  • Program expense ratio: 9.6%; rating input score 10

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 18.8%; rating input score 72; 72nd percentile among comparable filings
  • Total-asset coverage ratio: 0.23; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 38.9%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 7.8% of revenue deployed · 9.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $6K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 4 filed schedules
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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 — Financial Efficiency: Mission deployment rate scored 8/100.
  • High — Financial Efficiency: Program expense ratio scored 10/100.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.