Mindful Communities Fund

Nonprofit profile at a glance

EIN
934630884
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-N 2023
Location
Dallas, TX, USA
Phone
2145660700
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution

Reported finances

Revenue
$263,406
Expenses
$237,967
Assets
$53,470
Liabilities
$187

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

Leadership & pay

3 people listed

Highest reported compensation

  • DANIEL SUNSHINE (Secretary): $96,000 total reported compensation
  • David Sunshine (exec dir/pres.): $93,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the Mindful Communities Fund is to support the wellbeing of schools and organizations through mental wellness practices grounded in neuroscience, psychology and physiology.

What it reported doing in 2024

Mental Wellness Education and Training: MCF provided mental wellness programming to multiple organizations and hundreds of individuals, sharing practical tools to manage stress, build resilience, and strengthen relationships. Highlights include leading three public trainings at Klyde Warren Park, each serving more than 75 participants, and provided specialized training for case workers and staff at The Stewpot homeless shelter. We also partnered with Big Brothers Big Sisters of Greater Dallas, impacting hundreds of individuals including staff, mentors, mentees and the general public through trainings at the Dallas Office, a library conference center, and multiple at Klyde Warren Park. We also shared these practices at the Big Brothers Big Sisters National Conference with an audience of more than 50 leaders. Impact data from the BBBS mentor and mentee intervention showed that participants gained effective strategies for stress management and stronger mentoring connections.

Operating model

Revenue model
Donor-supported. 99% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 92
  • Accountability: 40
  • Sustainability: 38
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.4%; rating input score 79
  • Program expense ratio: 87.8%; rating input score 88
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 33.3%; rating input score 33; 15th percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 9.7%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 0.22; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 52; 52nd percentile among comparable filings
  • Officer compensation ratio: 79.4%; rating input score 1; 1st percentile among comparable filings

Growth

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

Details

  • Where the money goes: 79.4% of revenue deployed · 87.8% of spending went to programs
  • Governance: 1 of 3 board members independent · 4 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $209K in reported program spending
  • Leadership: top reported pay $96K · 3 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Money network: 2 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.

  • Moderate — Accountability: Independent voting board scored 33/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • Review — Sustainability: Operating margin scored 59/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • Review — Sustainability: Liabilities to assets ratio scored 52/100.