The Mindful Group Inc (EIN 842213013) - 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

2021

Legal Domicile

Principal Officer

Reginald Reed

Phone

8334146463

Tax Period

2024-01-01 to 2024-12-31

The Mindful Group Inc, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $200K in total revenue in fiscal year 2024. Revenue surged 167% from the prior year, signaling strong growth momentum. The organization ran a surplus of $137K, a strong 69% operating margin.

Mission

The Mindful Group Inc. is a Milwaukee-based 501(c)(3) nonprofit dedicated to empowering underserved communities through workforce training, job placement, and holistic support services. Our mission is to provide access to education, employment, and essential resources that foster economic self-sufficiency and career advancement. We specialize in skilled trades training, career pathway development, and strategic partnerships with businesses and educational institutions. Our wraparound services-such as housing, childcare, and transportation assistance-remove barriers to success. By leveraging data-driven workforce solutions, we create sustainable career opportunities for individuals facing employment challenges, including justice-involved individuals and low-income families. Through innovation and community collaboration, The Mindful Group is building a stronger, more equitable workforce.

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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 (2024)

Revenue Breakdown

Contributions & Grants $200,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $200,000

Expense Breakdown

Grants Paid $62,538

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $62,538

Other Expenses $0

TOTAL EXPENSES $62,538

Year-over-Year Comparison

	2024	2023	Change
Revenue	$200,000	$75,000	+1.7%
Expenses	$62,538	$75,000	-0.2%
Net Income	$137,462	$0	N/A

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

Total Directors

$20,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Reginald Reed	Director	30	Director	$20,000	$0	$20,000

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	$200,000	$62,538	$137,462	$137,462

The Mindful Group Inc