DEVELOP MINDED THERAPIES

EIN: 824978671 501(c)(3) Mental Health

Tacoma, WA

Total Revenue
$446,564
Total Expenses
$547,548
Total Assets
$34,741
Net Assets
$-98,582
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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
2022
Legal Domicile
WA
Principal Officer
Dathan J Lanes
Phone
2533658989
Tax Period
2022-01-01 to 2022-12-31

DEVELOP MINDED THERAPIES, founded in 2022, is a small nonprofit in the Mental Health sector that reported $447K in total revenue in fiscal year 2022. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $548K exceeded revenue, resulting in a 23% operating deficit.

Mission

This 990 was never filed.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $446,564
Investment Income $0
Other Revenue $0
TOTAL REVENUE $446,564

Expense Breakdown

Grants Paid $0
Salaries & Benefits $269,560
Fundraising Expenses $0
Program Expenses $547,548
Other Expenses $277,988
TOTAL EXPENSES $547,548

Year-over-Year Comparison

2022 2021 Change
Revenue $446,564 $571,092 -0.2%
Expenses $547,548 $528,886 +0.0%
Net Income $-100,984 $42,206 -3.4%
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

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
12
Volunteers
N/A

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dathan J Lane Owner 0
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
2022 $446,564 $547,548 $34,741 $-100,984
2021 $571,092 $528,886 $133,584 $42,206
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