Charity Search / HEALTHY MINDS INITIATIVE
Health Care (E05) 990 on File

HEALTHY MINDS INITIATIVE

EIN: 82-2971749 · REDONDO BEACH, CA 90277-4101 · United States · FY 2024 Data
3 out of 5 47 / 100 Based on one year of filings
Financial strength (30%) 78/100
Reliability (20%) 40/100
Effectiveness (25%) 61/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$26K
Total Revenue
$37K
Total Expenses
$3K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 84.7%
Fundraising Efficiency N/A
Operating Reserve 0.87x
Liability-to-Asset N/A
Revenue Diversification 100.0%
Compared with Peers
FY 2024
Compared with 3,338 similar organizations (United States, Health Care, under $100K in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
84.7% 81.7%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
0.9 mo 26.5 mo
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 99.9%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
204.5% 0.4%
P10P90
Expense growth
Year over year expense growth
-22.0% -2.5%
P10P90
Surplus margin
Surplus as a share of revenue
-42.2% 16.6%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $26K $37K $3K 84.7%
2023 $8K $47K $14K
2020 $57K $61K N/A 1
2019 $73K $54K N/A 1
2018 $21K $26K N/A 1
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Organization Details
EIN
82-2971749
State
CA
City
REDONDO BEACH
ZIP
90277-4101
Classification
E05
Category
Health Care
Rating
3★
Coverage
B
Last Updated
Aug 2026
Form 990
On File
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