MINDWORKS INC

EIN: 383973476 501(c)(3) Religion

SANTA BARBARA, CA

Total Revenue
$294,420
Total Expenses
$69,433
Total Assets
$16,861
Net Assets
$14,923
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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
2015
Legal Domicile
CA
Principal Officer
BART MENDEL
Phone
8058962020
Tax Period
2025-01-01 to 2025-12-31

MINDWORKS INC, founded in 2015, is a small nonprofit in the Religion sector that reported $294K in total revenue in fiscal year 2025. Revenue surged 347% from the prior year, signaling strong growth momentum. The organization ran a surplus of $225K, a strong 76% operating margin.

Mission

DEVELOP & MARKET MOBILE APP EDUCATING USERS ABOUT MEDITATION AND OFFER TRAINING IN THE PRACTICE OF MEDITATION

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $258,855
Program Service Revenue $35,565
Investment Income $0
Other Revenue $0
TOTAL REVENUE $294,420

Expense Breakdown

Grants Paid $21,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $62,054
Other Expenses $48,433
TOTAL EXPENSES $69,433

Year-over-Year Comparison

2025 2024 Change
Revenue $294,420 $65,911 +3.5%
Expenses $69,433 $63,641 +0.1%
Net Income $224,987 $2,270 +98.1%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
5

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUZAN GARNER PRESIDENT 5.00
Officer Director
$0 $0 $0
BART MENDEL TREASURER 3.00
Officer Director
$0 $0 $0
MARJORIE ERICKSON SECRETARY 2.00
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
2025 $294,420 $69,433 $16,861 $224,987
2024 No data No data No data No data
2023 $217,138 $208,355 $20,187 $8,783
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