Mindworks Inc
- Assets
- $6.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Barbara, CA
- Founding
- 12/2015
- Data as of
- 12/2021
- EIN
- 38-3973476
Organization Overview
Mindworks Inc is located in Santa Barbara, CA. The organization was established in 2015. According to its NTEE Classification (X50) the organization is classified as: Buddhism, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mindworks Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Mindworks Inc generated $79.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $52.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (19.5%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
DEVELOPMENT OF APP FOR THE PURPOSE OF HELPING USERSIN THE PRACTICE OF MEDITATION
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,796 |
| Total Program Service Revenue | $42,040 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,836 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $397 |
| Occupancy, rent, utilities, and maintenance | $11,910 |
| Printing, publications, postage, and shipping | $1,500 |
| Other expenses | $38,497 |
| Total expenses | $52,304 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,279 |
| Other assets | $0 |
| Total assets | $6,279 |
| Total liabilities | $230,398 |
| Net assets or fund balances | -$224,119 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mindworks Inc has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Eva Mathis Foundation Portland, OR PURPOSE: EDUCATION | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Francisco Falun Buddha Study Association San Jose, CA | $6,296,319 | $14,265,205 |
Khyentse Foundation San Francisco, CA | $60,349,679 | $7,362,261 |
Vietnanese Buddhist Meditation Congregation Inc Bonsall, CA | $9,161,110 | $5,723,304 |
Tribe Media Corp Los Angeles, CA | $548,666 | $3,414,428 |
Bukkyo Dendo Kyokai America Inc Moraga, CA | $12,018,243 | $1,744,603 |
Us Southwestern Falun Dafa Association El Monte, CA | $4,987,177 | $7,092,763 |
Buddhist Churches Of America-Endow San Francisco, CA | $48,222,934 | $3,035,371 |
Northern California Bodhi Dharma Society Milpitas, CA | $3,105,013 | $2,040,834 |
Dhammakaya International Meditation Center Azusa, CA | $17,013,433 | $1,779,242 |
Hong Shin Buddhist Center Chino, CA | $23,393,639 | $3,179,818 |
Against The Stream Buddhist Meditation Society Los Angeles, CA | $400,066 | $1,319,745 |
Bat Nha Meditation Institute Of America Santa Ana, CA | $4,101,645 | $975,241 |