Mind Body Solutions EIN 46-0469916 Form 990 (PDF) Claim this org

Mind Body Solutions FY2020 filing

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Heals trauma and disability by connecting mind and body. For fiscal year 2020 it reported $577K in revenue, $412K in expenses, and $860K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Orono, MN
Website
www.mindbodysolutions.org
Filings
5 on file (2020–2020)
Revenue
$577KFY2020
Expenses
$412K
Net assets
$860K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-0469916 Public charity (501(c)(3)) Orono, MN
Form 990 (PDF)
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Size
$100K–1M
What they do
Heals trauma and disability by connecting mind and body.
Leadership
Matthew Sanford · Board Member, Founder · $50K
Money in and out
$577K revenue, $412K expenses
Bottom line
65% program efficiency
Where the money goes · FY2020
Total revenue
$577K
Pt VIII · Ln 12
Total expenses
$412K
Pt IX · Ln 25
Net assets
$860K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $165K
Where spending went · Part IX cols B–D
Program services $0.65 Management & general $0.22 Fundraising $0.13
Program efficiency
65%
of spending reaches programs
Operating runway
23.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+29%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$577K
FY2020
Expenses
$412K
FY2020
Total assets
$867K
FY2020
Total liabilities
$6K
FY2020
Total revenue
$577K
Pt VIII · Ln 12
Total expenses
$412K
Pt IX · Ln 25
Net assets
$860K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$165K
Total assetsPt X · Ln 16$867K
Program-expense ratioPt IX · col B65%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $267K of program spending, described in the organization's own filed words · FY2020.
01

Adaptive yoga classes for individuals living with disabilities. Includes training provided to those wishing to teach adaptive yoga in their own communities.

$147Kprogram expense
02

Seminars and workshops to educate healthcare professionals who are exploring yoga as a complementary healthcare treatment.

$80Kprogram expense
03

Operations of a yoga studio offering regularly scheduled weekly classes and workshops. Includes sales of books, DVD's, and clothing.

$40Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMind Body Solutions
EINHdr · item D46-0469916
Principal addressHdr · item COrono, MN
WebsiteHdr · item Jwww.mindbodysolutions.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P50)
Ruling yearIRS BMFJan 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member, Founder
$50,000Pt VII · Sec A
Secretary
$9,300Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair/Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Matthew Sanford’s $13K as Board Member, Founder is at the 6th percentile of top reported officer pay among 2165 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2022FY2021FY2020
Matthew Sanford$44,909$46,544$50,000
Matthew Sanford$12,558
Rob Ley$8,525$7,750$9,300

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$457K · 79%
Program service revenue$119K · 21%
Contributions & grants79%$457K
Program service revenue21%$119K
Investment income$2K
— government grantsLn 1e$56K
Total revenueLn 12$577K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.65 Management & general $0.22 Fundraising $0.13
Program services65%$267K
Management & general22%$91K
Fundraising13%$54K
Total functional expensesLn 25$412K

Balance Sheet

Part X · end of year
CashLn 1$822K
Total assetsLn 16$867K
Total liabilitiesLn 26$6K
Total net assetsLn 32$860K
Months of cash on handcomputed23.9

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $822K · Operating expenses/yr $412K
23.9 months
Where the money goes
Program services
Program services $267K · Total expenses $412K
65%
Management & General
Management & general $91K · Total expenses $412K
22%
Fundraising
Fundraising $54K · Total expenses $412K
13%
Cost to raise $1
Fundraising expense $54K · Solicited contributions $401K
$0.13 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $457K · Total revenue $577K
79%
Government reliance
Government grants $56K · Total revenue $577K
10%
Earned-income share
Program service revenue $119K · Total revenue $577K
21%
Investment reliance
Investment income $2K · Total revenue $577K
+0.3%
Program self-sufficiency
Program service revenue $119K · Total expenses $412K
29%
Growth & trend
Revenue growth (YoY)
This year $577K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $860K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $577K · Expenses $412K
+29%
Liabilities-to-Assets
Total liabilities — · Total assets $867K
Net-asset ratio
Net assets $860K · Total assets $867K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $867K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Matthew Sanford · Reported title Board Member, Founder · Highest reported compensation $50K · Total expenses $412K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $262K · Total expenses $412K
64%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 65%
Overhead ratio 22%
Fundraising cost ratio 12%
Legal fee ratio 0.1%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 1 grant · $10K · 2020–2020
Unitemized GrantFY2020$9,727

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$238K revenue · ⤓ 990 PDF
FY2023$191K revenue · ⤓ 990 PDF
FY2022$244K revenue · ⤓ 990 PDF
FY2021$479K revenue · ⤓ 990 PDF
FY2020$577K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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