INWARD BOUND MINDFULNESS EDUCATION INC (EIN 273029390) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

MARK WAX

Phone

5082500628

Tax Period

2023-11-01 to 2024-10-31

INWARD BOUND MINDFULNESS EDUCATION INC, founded in 2010, is a small nonprofit in the Human Services sector that reported $954K in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring.

Mission

INWARD BOUND PROVIDES IN-DEPTH MINDFULNESS PROGRAMMING FOR YOUTH AND THE ADULTS WHO SUPPORT THEM. OUR PROGRAMMING GUIDES PARTICIPANTS IN DEVELOPING SELF-AWARENESS, COMPASSION, AND ETHICAL DECISION MAKING, AND EMPOWERS THEM TO APPLY THESE SKILLS IN IMPROVING THEIR LIVES AND COMMUNITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $640,297

Program Service Revenue $306,775

Investment Income $1,194

Other Revenue $5,642

TOTAL REVENUE $953,908

Expense Breakdown

Grants Paid $0

Salaries & Benefits $460,992

Fundraising Expenses $42,903

Program Expenses $856,502

Other Expenses $555,574

TOTAL EXPENSES $1,016,566

Year-over-Year Comparison

	2023	2022	Change
Revenue	$953,908	$1,501,054	-0.4%
Expenses	$1,016,566	$1,550,759	-0.3%
Net Income	$-62,658	$-49,705	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$190,631

Total Directors

$209,334

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK WAX	PRESIDENT (AS OF 05/2024)	3.00	Director	$14,704	$0	$14,704
ANTHONY SARTORI	DIR., EQUITY ADVISORY (LEFT 03/2024)	2.00	Director	$3,999	$0	$3,999
FALCON CALIGIURI-RANDALL	DIR., YOUTH ADV. COMM. (LEFT 12/23)	2.00	Director	$0	$0	$0
JACQUI CLAY	PRESIDENT (LEFT 05/2024)	2.00	Officer Director	$7,000	$0	$7,000
DAVID MACEK	TREASURER (LEFT 06/2024)	40.00	Officer Director	$87,610	$11,558	$99,168
JENNIFER HEITEL	SECRETARY, OPER. & FINANCE	32.00	Officer Director	$73,168	$11,295	$84,463
JOSEPH DE WOLK	DIRECTOR (AS OF 05/2024)	2.00	Director	$0	$0	$0
STEPHANIE BEEMAN	DIRECTOR (AS OF 05/2024)	1.00	Director	$0	$0	$0
HASSAN ROSTAM	TREASURER (AS OF 05/2024)	1.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$953,908	$1,016,566	$328,495	$-62,658
2023	$1,501,054	$1,550,759	$417,956	$-49,705
2022	$1,032,538	$1,411,986	$374,923	$-379,448
2021	$1,326,563	$1,126,138	$845,042	$200,425
2020	$1,582,875	$1,236,851	$613,541	$346,024
2018	$1,089,103	$1,298,904	$470,205	$-209,801

INWARD BOUND MINDFULNESS EDUCATION INC