FOUNDATION FOR A MINDFUL SOCIETY INC (EIN 453628971) - 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

2011

Legal Domicile

Principal Officer

TERRY RUDDERHAM

Phone

2129671100

Tax Period

2022-01-01 to 2022-12-31

FOUNDATION FOR A MINDFUL SOCIETY INC, founded in 2011, is a small nonprofit in the Health Care sector that reported $234K in total revenue in fiscal year 2022. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $38K, a strong 16% operating margin.

Mission

TO PRODUCE MAGAZINES AND OTHER MEDIA THAT PROVIDE INSPIRATION TO INDIVIDUALS TO LIVE WITH AWARENESS AND COMPASSION IN ORDER TO ENJOY THE BENEFITS OF MINDFULNESS PRACTICES; CREATE AND ENCOURAGE A MORE MINDFUL AND CARING SOCIETY; AND ENCOURAGE SECULAR CONTEMPLATIVE PRACTICE BRINGING THE BENEFITS OF VARIOUS FORMS OF MEDITATION AND ITS VALUES INTO RECEPTIVE SECTORS OF THE SOCIETY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $233,962

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $233,962

Expense Breakdown

Grants Paid $2,195

Salaries & Benefits $40,825

Fundraising Expenses $0

Program Expenses $168,747

Other Expenses $152,647

TOTAL EXPENSES $195,667

Year-over-Year Comparison

	2022	2021	Change
Revenue	$233,962	$196,928	+0.2%
Expenses	$195,667	$132,108	+0.5%
Net Income	$38,295	$64,820	-0.4%

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

N/A

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

$40,825

Total Directors

$40,825

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM GIMIAN	PRESIDENT & TREASURER	40.00	Officer Director	$39,612	$1,213	$40,825
BARRY BOYCE	CHAIR	1.00	Officer Director	$0	$0	$0
MICHELLE GALE	SECRETARY	1.00	Officer Director	$0	$0	$0
ROBERT CHENDER	TRUSTEE	1.00	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
2022	$233,962	$195,667	$109,560	$38,295
2021	$196,928	$132,108	$138,285	$64,820
2020	$1,373,793	$1,653,178	$67,227	$-279,385
2019	$3,177,980	$3,143,172	$684,773	$34,808
2018	$2,736,079	$3,077,339	$563,359	$-341,260

FOUNDATION FOR A MINDFUL SOCIETY INC