Center for Mindful Psychotherapy Inc (EIN 463448762) - 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

2013

Legal Domicile

Principal Officer

Scott Balderson

Tax Period

2023-01-01 to 2023-12-31

Center for Mindful Psychotherapy Inc, founded in 2013, is a community nonprofit in the Mental Health sector that reported $5.0M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

Provide psychotherapy services for low- to moderate-income level patients, and to provide training.

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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 $0

Program Service Revenue $5,037,450

Investment Income $0

Other Revenue $5,933

TOTAL REVENUE $5,043,383

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,890,003

Fundraising Expenses $0

Program Expenses $4,791,496

Other Expenses $1,092,891

TOTAL EXPENSES $4,982,894

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,043,383	$4,102,223	+0.2%
Expenses	$4,982,894	$4,085,348	+0.2%
Net Income	$60,489	$16,875	+2.6%

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

119

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

$215,440

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Scott Balderson	Executive Director	40.00	Officer	$215,440	$0	$215,440
Dina Tarah	Board Member	10.00	Director	$0	$0	$0
Uma Kahn	Board Member	10.00	Director	$0	$0	$0
Seth Ambrose	Treasurer	10.00	Officer Director	$0	$0	$0
Anna Howland	Secretary	10.00	Officer	$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	No data	No data	No data	No data
2023	$5,043,383	$4,982,894	$590,003	$60,489
2022	$4,102,223	$4,085,348	$531,912	$16,875
2021	$3,402,998	$3,338,312	$505,099	$64,686
2020	$3,055,833	$2,918,525	$435,011	$137,308
2019	$2,700,138	$2,613,696	$293,440	$86,442
2018	$1,877,902	$1,760,298	$223,962	$117,604

Center for Mindful Psychotherapy Inc