J — EmploymentEIN: 473064122· Ruling Year: 2015

Mind Shift

New Hope, Minnesota

B-Health Score
49B-

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Average

💰
$2.4M
Total Revenue
📊
$2.5M
Total Expenses
🏦
$664K
Net Assets
📋
$322K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-11.2%
Year-over-year change (2022 → 2023)
Net Margin
-7.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.26
Net assets divided by total expenses
Liabilities-to-Assets
32.6%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
2023$2,357,250↓11%$2,531,852↓6%$985,754↓14%
2022$2,655,522↓6%$2,704,840$1,146,430↓2%
2021$2,810,246↓3%$2,696,610↑15%$1,168,570↑4%
2020$2,904,667↑45%$2,336,018↑27%$1,119,583↑91%
2019$2,001,631↑49%$1,833,612↑28%$585,104↑94%
2018$1,339,411↑30%$1,434,087↑32%$301,163↑22%
2017$1,032,687↑34%$1,089,618↑62%$246,001↑8%
2016$771,441↑137%$672,365↑183%$227,545↑79%
2015$325,386$237,558$126,952

Frequently Asked Questions

What does Mind Shift do?▼

Mind Shift is a employment nonprofit organization based in Minnesota. It is classified under NTEE code J30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mind Shift financially healthy?▼

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Mind Shift.

How much revenue does Mind Shift generate?▼

Mind Shift reports $1.8M in annual revenue and holds $822K in total assets, based on IRS filings.

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