Mindful Philanthropy Inc
- Assets
- $2.0m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 15
- Location
- Philadelphia, PA
- Founding
- Data as of
- 04/2024
- EIN
- 85-0838359
Organization Overview
Mindful Philanthropy Inc is located in Philadelphia, PA. According to its NTEE Classification (F30) the organization is classified as: Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 04/2024, Mindful Philanthropy Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mindful Philanthropy 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 04/2024, Mindful Philanthropy Inc generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 26.7% each year . All expenses for the organization totaled $1.4m during the year ending 04/2024. While expenses have increased by 26.5% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
ACTIVATES NEW AND IMPACTFUL FUNDING TO MENTAL HEALTH, ADDICTION, AND COMMUNITY WELL-BEING
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION & VETTING OF OPPORTUNITIES FOR NEW AND IMPACTFUL FUNDING TO MENTAL HEALTH, ADDICTION, AND COMMUNITY WELL BEING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alyson Niemann Executive Di | Officer | 40 | $194,231 |
Kristen Ward Director Of | 40 | $111,382 | |
Alex White COO | Officer | 40 | $26,154 |
Stephanie Bell-Rose Board Member | Trustee | 0.75 | $0 |
Andrea Cole Board Member | Trustee | 0.75 | $0 |
Jeanne Esler Board Member | Trustee | 0.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,977,450 |
| Noncash contributions included in lines 1a–1f | $25,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,977,450 |
| Total Program Service Revenue | $603,047 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$47 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,581,443 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $908,327 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $47,898 |
| Payroll taxes | $68,538 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $532 |
| Fees for services: Accounting | $25,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $50,439 |
| Office expenses | $18,846 |
| Information technology | $14,722 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $49,768 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,154 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,141 |
| Insurance | $12,283 |
| All other expenses | $1,861 |
| Total functional expenses | $1,438,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,216,214 |
| Savings and temporary cash investments | $5,000 |
| Pledges and grants receivable | $751,585 |
| Accounts receivable, net | $26,113 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $43,250 |
| Net Land, buildings, and equipment | $5,082 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,047,244 |
| Accounts payable and accrued expenses | $49,181 |
| Grants payable | $0 |
| Deferred revenue | $14,400 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $63,581 |
| Net assets without donor restrictions | $1,207,078 |
| Net assets with donor restrictions | $776,585 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,047,244 |