MINDFUL MATERIALS INC

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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

Principal Officer

KENNETH BEVAN JR

Phone

6104693292

Tax Period

2024-01-01 to 2024-12-31

MINDFUL MATERIALS INC, founded in 2022, is a small nonprofit in the Environment sector that reported $975K in total revenue in fiscal year 2024.

Mission

MINDFUL MATERIALS DRIVES THE USE OF REGENERATIVE AND RESTORATIVE BUILDING PRODUCTS AND FURTHERS ITS MISSION BY:1. BUILDING A FREE WEB-BASED GLOBAL COLLABORATION HUB FOR PEER LEARNING, KNOWLEDGE AND RESOURCE SHARING, AND COMMUNITY ENGAGEMENT2. SUPPORTING WIDE-SCALE DIGITIZATION, ADOPTION, AND CONTINUOUS IMPROVEMENT OF THE COMMON MATERIALS FRAMEWORK (A SHARED LANGUAGE TO DEFINE SUSTAINABLE MATERIALS)3. CREATING THE PORTAL PLATFORM OF INDEPENDENT THIRD PARTY VALIDATED INFORMATION FOCUSED ON IMPROVING HUMAN HEALTH AND SAFETY AND BETTER PROTECTING OUR SHARED GLOBAL ENVIRONMENT4. DEVELOPING THE ECOSYSTEM-WIDE, MATERIALS-SPECIFIC EDUCATION AND EVENTS TO ADDRESS SUSTAINABILITY, EMBODIED CARBON, AND HEALTH IN THE BUILT ENVIRONMENT

Program Service Accomplishments

Program 1

Expenses: $902,092 Revenue: $950,600

THE ORGANIZATION'S SOLE PROGRAM SERVICE CONSISTS OF THE FOLLOWING:1. EXPANSION OF THE COLLABORATION HUB FOR PEER LEARNING, KNOWLEDGE & RESOURCE SHARING AND COMMUNITY ENGAGEMENT2. DEVELOPMENT OF THE COMMON MATERIALS FRAMEWORK3. LAUNCH OF THE BETA PORTAL4. EXPANSION OF MATERIALS SPECIFIC EDUCATION & EVENTS

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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 $22,116

Program Service Revenue $950,600

Investment Income $2,299

Other Revenue $0

TOTAL REVENUE $975,015

Expense Breakdown

Grants Paid $0

Salaries & Benefits $74,780

Fundraising Expenses $0

Program Expenses $902,092

Other Expenses $931,707

TOTAL EXPENSES $1,006,487

Year-over-Year Comparison

	2024	2023	Change
Revenue	$975,015	$968,658	+0.0%
Expenses	$1,006,487	$826,809	+0.2%
Net Income	$-31,472	$141,849	-1.2%

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

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

$74,780

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LONA RERICK	FIRST CO-CHAIR	1.00	Director	$0	$0	$0
MYRRH CAPLAN	SECOND CO-CHAIR	1.00	Director	$0	$0	$0
NORA RIZZO	MEMBER	1.00	Director	$0	$0	$0
BARBRA BATSHALOM	MEMBER	1.00	Director	$0	$0	$0
KATIE ROTHENBERG	MEMBER	1.00	Director	$0	$0	$0
DAVID BRIEFEL	MEMBER	1.00	Director	$0	$0	$0
AMY MUSANTI	MEMBER	1.00	Director	$0	$0	$0
ANNA BEVAN	CEO	27.00	Officer	$0	$0	$0
KENNETH BEVAN	CFO	9.00	Officer	$42,280	$0	$42,280
LINDA SORRENTO	COO	8.00	Officer	$32,500	$0	$32,500
STEVE KOOY	TREASURER	1.00	Officer	$0	$0	$0
JANE ABERNETHY	SECRETARY	1.00	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	$975,015	$1,006,487	$137,775	$-31,472
2023	$968,658	$826,809	$168,547	$141,849
2022	$603,068	$605,776	$29,698	$-2,708