Mindful Philanthropy Inc

Nonprofit profile at a glance

EIN
850838359
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-N 2019
Location
Philadelphia, PA, USA
Phone
9012059484
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Mental Health Treatment F31 Psychiatric, Mental Health Hospital

Official website

Reported finances

Revenue
$2,799,137
Expenses
$2,672,192
Assets
$2,398,020
Liabilities
$122,236

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

Leadership & pay

15 people listed

Highest reported compensation

  • ALYSON NIEMANN (EXECUTIVE DI): $197,596 total reported compensation
  • ALEX WHITE (COO): $136,654 total reported compensation
  • KRISTEN WARD (DIRECTOR OF): $124,711 total reported compensation

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

Overview

Mission

Mindful philanthropy is a field catalyst organization dedicated to activating new and impactful funding for systems changes that improve mental health, addiction, and well-being.

What it reported doing in 2024

Mindful philanthropy is a nonprofit organization dedicated to activating new and impactful funding for systems changes that improve mental health, addiction, and well-being. As a field-catalyst-not a fee-for-service provider-we harness philanthropy for our efforts. Our work centers on three core areas: (1) funder engagement and activation: we guide and connect more than 1,000 funders to evidence-based opportunities that increase impact and align resources around shared goals, influencing hundreds of millions of dollars in philanthropic commitments. (2) systems alignment in priority areas: we co-create investment roadmaps and portfolio recommendations across mental health focus areas to drive long-term systems change. (3) field learning and knowledge development: through research and publication, including the mental health at the center series, we strengthen the field's knowledge base and inform smarter, more impactful giving. Across all programs, mindful philanthropy measures success by the partners engaged, instances of capital activated, and improvements achieved in mental health philanthropy nationwide.

Operating model

Revenue model
Donor-supported. 74% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 70
  • Accountability: 84
  • Sustainability: 42
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.6%; rating input score 71
  • Program expense ratio: 73.9%; rating input score 74
  • Fundraising efficiency: $10.42 raised per $1 spent on fundraising; rating input score 39; 39th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Limited
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 4.5%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 0.9; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 70; 70th percentile among comparable filings
  • Officer compensation ratio: 21.6%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: 40.8% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 29.3% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 39.4% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 70.6% of revenue deployed · 73.9% of spending went to programs
  • Governance: 11 of 11 board members independent · 5 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $2M in reported program spending
  • Leadership: top reported pay $198K · 15 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 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.

  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 39/100.
  • Moderate — Sustainability: Operating margin scored 49/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.