Mynd Flex Inc

Nonprofit profile at a glance

EIN: 273322120
IRS 990-EZ coverage: 2020–2020
Forms available: Form 990 2019, Form 990-EZ 2020
Location: Fremont, CA, USA
Phone: 9256058173
Rating: 82
Verdict: STRONG
Rating confidence: Moderate
Sector: Adult, Continuing Education

Reported finances

Revenue: $48,293
Expenses: $97,703
Assets: $0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

UMESH JAGANNATHA (CEO)

People named in this filing

SANGEETA KEDIA (Treasurer)
SAVITA PRAKASH (Officer)
UMESH JAGANNATHA (CEO)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Myndflexs mission is to empower students to thrive at school and in an increasingly multicultural society by: providing strong academic support, instilling appreciation for diverse world cultures, and contributing to their social-emotional wellness

What it reported doing in 2020

Operating model

Revenue model: Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

Financial Efficiency: 98
Transparency & Controls: 82
Sustainability: 7
Growth: 0

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 96.2%; rating input score 96

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -102.3%; 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: 54.4%; rating input score 3; 3rd percentile among comparable filings

Growth

Program expense growth: Limited
Revenue growth: -11% per year; rating input score 0; 32nd percentile among comparable filings
Asset growth: -4.7% per year; rating input score 0; 24th percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 96.2% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $94K in reported program spending
Leadership: top reported pay $0 · 3 people listed
Consistency: 5 of 5 current checks pass
Schedules: 3 filed schedules
Contacts: How to reach this organization
Money network: 6 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

High — Growth: Revenue growth scored 0/100.
High — Sustainability: Operating margin scored 13/100.
High — Growth: Asset growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 2/100.
High — Sustainability: Officer compensation ratio scored 3/100.
High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.