The Mindful Group Inc
Nonprofit profile at a glance
- EIN
- 842213013
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-N 2020
- Location
- Milwaukee, WI, USA
- Phone
- 8334146463
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $200,000
- Expenses
- $62,538
- Assets
- $137,462
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
Highest reported compensation
- Reginald Reed (Director): $20,000 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 Mindful Group Inc. is a Milwaukee-based 501(c)(3) nonprofit dedicated to empowering underserved communities through workforce training, job placement, and holistic support services. Our mission is to provide access to education, employment, and essential resources that foster economic self-sufficiency and career advancement. We specialize in skilled trades training, career pathway development, and strategic partnerships with businesses and educational institutions. Our wraparound services-such as housing, childcare, and transportation assistance-remove barriers to success. By leveraging data-driven workforce solutions, we create sustainable career opportunities for individuals facing employment challenges, including justice-involved individuals and low-income families. Through innovation and community collaboration, The Mindful Group is building a stronger, more equitable workforce.
What it reported doing in 2024
Transportation assistance. We provide innovative solutions for individuals who have the barrier of transportation stopping them from the successful participation in training programs or work. This is done in the form of Uber, Group transport via company owned vehicle, and bus passes.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 51
- Transparency & Controls: 86
- Accountability: 91
- Sustainability: 74
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 31.3%; rating input score 31
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 87.9%; rating input score 88; 51st percentile among comparable filings
- 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: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: 68.7%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 2.2; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 32%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 31.3% of revenue deployed · 100% of spending went to programs
- Governance: 7 of 7 board members independent · 7 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $63K in reported program spending
- Leadership: top reported pay $20K · 1 people listed
- Consistency: 36 of 37 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors and grants
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 31/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Officer compensation ratio scored 10/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.