Mindshift Recovery Inc (EIN 932179864) - 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

2023

Legal Domicile

Principal Officer

Joshua Roman

Phone

6177840981

Tax Period

2024-01-01 to 2024-12-31

Mindshift Recovery Inc, founded in 2023, is a small nonprofit in the Mental Health sector that reported $634K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $764K exceeded revenue, resulting in a 20% operating deficit.

Mission

Mindshift provides digital and in-person addiction recovery services and coaching.

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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 $633,825

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $633,825

Expense Breakdown

Grants Paid $0

Salaries & Benefits $105,000

Fundraising Expenses $0

Program Expenses $0

Other Expenses $658,573

TOTAL EXPENSES $763,573

Year-over-Year Comparison

	2024	2023	Change
Revenue	$633,825	$870,000	-0.3%
Expenses	$763,573	N/A	N/A
Net Income	$-129,748	$870,000	-1.1%

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

N/A

Independent Members

N/A

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

$105,000

Total Directors

$105,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joshua Roman	CEO	20	Officer Director	$35,000	$0	$35,000
Amy McLaren	COO	10	Officer Director	$35,000	$0	$35,000
Judson Brewer	CMO	10	Officer Director	$35,000	$0	$35,000

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	$633,825	$763,573	$540,425	$-129,748
2023	$870,000	$301,892	$568,108	$568,108

Mindshift Recovery Inc