Mind Oc EIN 82-3901590

Mind Oc FY2023 filing

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Improves mental healthcare access and well-being for all Orange County residents. For fiscal year 2023 it reported $127.9M in revenue, $32.3M in expenses, and $166.2M in net assets.Pt I

Founded
2017
Type
Public charity (501(c)(3)) · Human Services
Location
Irvine, CA
Website
bewelloc.org
Filings
5 on file (2020–2023)
Revenue
$127.9MFY2023
Expenses
$32.3M
Net assets
$166.2M
People
21
Filings
5
Updates
0
More identity details & actions ⌄
EIN  82-3901590 Public charity (501(c)(3)) Irvine, CA Founded 2017
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 7/9/26 · see original: IRS
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Size
$10–100M
What they do
Improves mental healthcare access and well-being for all Orange County residents.
Leadership
Marshall Moncrief · CEO (end 9/23) · $497K
Money in and out
$127.9M revenue, $32.3M expenses
Bottom line
87% program efficiency
Where the money goes · FY2023
Total revenue
$127.9M
Pt VIII · Ln 12
Total expenses
$32.3M
Pt IX · Ln 25
Net assets
$166.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $95.6M
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.13 Fundraising $0.00
Program efficiency
87%
of spending reaches programs
Surplus margin
+75%
revenue over expenses, this year
Donor-funded
97%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$127.9M
FY2023▲ +292%
Expenses
$32.3M
FY2023▲ +125%
Total assets
$180.9M
FY2023▲ +141%
Total liabilities
$14.7M
FY2023▲ +189%
Total revenue
$127.9M
Pt VIII · Ln 12
Total expenses
$32.3M
Pt IX · Ln 25
Net assets
$166.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$95.6M
Total assetsPt X · Ln 16$180.9M
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

3 program services account for $27.4M of program spending, described in the organization's own filed words · FY2023.
01

Be Well Oc Program

Mental health orange campuswellness regional hubs are a foundational component of the be well oc blueprint, and essential to effective services coordination. The wellness hubs will support the be well mental health system of care.

$19.9Mprogram expense
02

The mobile crisis (hope) program (be well oc mobile response team model) is a non-emergency support service for residents experiencing mental health, substance use and homelessness related crises.

$5.8Mprogram expense
03

Community initiativessuicide prevention services is for individuals, primarily from the uninsured and underinsured population, for the purpose of increasing knowledge and awareness regarding mental health, stigma, suicide prevention, and intervention, as well as providing support services for those in need and those directly affected by…

$1.7Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMind Oc
EINHdr · item D82-3901590
Principal addressHdr · item CIrvine, CA
WebsiteHdr · item Jbewelloc.org
Year of formationHdr · item L2017
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFSep 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
CEO (end 9/23)
$496,616Pt VII · Sec A
$331,435Pt VII · Sec A
Exec Director, Campus
$215,761Pt VII · Sec A
COO (end 4/23)
$197,623Pt VII · Sec A
Director of Finance
$195,830Pt VII · Sec A
Dir Mobile Response
$170,471Pt VII · Sec A
Director, Quality Improvement
$159,901Pt VII · Sec A
VP, Mobile Response Services
$159,405Pt VII · Sec A

Phillip Franks’s $412K as CEO is at the 91st percentile of top reported officer pay among 3123 $10–100M 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Marshall Moncrief$263,442$496,616$335,288$336,127$349,815
Phillip Franks$411,989$150,021
Victor Jordan$380,411$331,435
Desiree Thomas$323,732
Stacy Skwarlo$216,966$134,888
Lauren Brand$215,761$205,846$195,363$171,320
Jessica Foatterm End 824$204,603
Rebecca Chi$197,623

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$124.0M · 97%
Program service revenue$2.1M · 2%
Investment income$1.8M · 1%
Contributions & grants97%$124.0M
Program service revenue2%$2.1M
Investment income1%$1.8M
— government grantsLn 1e$122.9M
Total revenueLn 12$127.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.13 Fundraising $0.00
Program services87%$28.1M
Management & general13%$4.1M
Fundraising$150K
Total functional expensesLn 25$32.3M

Balance Sheet

Part X · end of year
CashLn 1$18.1M
Total assetsLn 16$180.9M
Total liabilitiesLn 26$14.7M
Total net assetsLn 32$166.2M
Months of cash on handcomputed6.7

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $72.1M · Operating expenses (Pt IX) $32.3M · Less non-cash grants $41.5M · Cash operating expenses/yr $-9.2M
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $28.1M · Total expenses $32.3M
87%
Management & General
Management & general $4.1M · Total expenses $32.3M
13%
Fundraising
Fundraising $150K · Total expenses $32.3M
0.5%
Cost to raise $1
Fundraising expense (3-yr avg) $396K · Solicited contributions (3-yr avg) $5.0M
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $124.0M · Total revenue $127.9M
97%
Government reliance
Government grants $122.9M · Total revenue $127.9M
96%
Earned-income share
Program service revenue $2.1M · Total revenue $127.9M
2%
Investment reliance
Investment income $1.8M · Total revenue $127.9M
+1%
Program self-sufficiency
Program service revenue $2.1M · Total expenses $32.3M
6%
Growth & trend
Revenue growth (YoY)
This year $127.9M · Prior year $32.7M
+292%
Net-asset trend (YoY)
End of year $166.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $127.9M · Expenses $32.3M
+75%
Liabilities-to-Assets
Total liabilities — · Total assets $180.9M
Net-asset ratio
Net assets $166.2M · Total assets $180.9M
92%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $54.0M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $180.9M
30%
People & payroll
Highest Reported Total Compensation
Individual Marshall Moncrief · Reported title CEO (END 9/23) · Highest reported compensation $497K · Total expenses $32.3M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $9.0M · Total expenses $32.3M
28%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 13%
Fundraising cost ratio 0.1%
Revenue growth 292%
Investment management fee ratio 0.04%

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
OneocFY2024$10K
Total grants receivedfrom 2 funders$33K
Grants paid · 58 grants · $3.6M · 2020–2024
See all 58 grants →

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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)$50.4M revenue · ⤓ 990 PDF
FY2023$127.9M revenue · viewing · ⤓ 990 PDF
FY2022$32.7M revenue · ⤓ 990 PDF
FY2021$16.1M revenue · ⤓ 990 PDF
FY2020$3.1M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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