Overview
What is Healthy Minds Innovations Inc?
Healthy Minds Innovations Inc, located in Madison, Wisconsin, is a nonprofit organization committed to fostering a culture of engagement and success within organizations. Through their innovative program, Healthy Minds@Work, they equip employees and leaders with essential skills to address the challenges faced by next-stage enterprises. By enhancing personal capacities in awareness, connection, insight, and purpose, they establish a foundation for individual and collective well-being, which is crucial for organizations that thrive and succeed. Their mission is to translate scientific knowledge into practical tools for cultivating and measuring well-being, envisioning a kinder, wiser, and more compassionate world. With a workforce of 34 individuals, Healthy Minds Innovations Inc strives to contribute to the betterment of organizations and their employees.
Official website here: www.hminnovations.org/hmi
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star Rating
Healthy Minds Innovations Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This score is primarily based on a single beacon score, with a perfect score for accountability, indicating a high level of transparency and responsible management of resources.
The organization boasts a completely independent board, which enhances its governance structure. It has implemented a variety of essential policies, including conflict of interest and whistleblower policies, and has shown no material diversion of assets, further solidifying its integrity. Additionally, the financial health is commendable, with a program expense ratio of nearly 82%, demonstrating a strong commitment to its mission-driven activities.
However, while the organization exhibits strong financial management, its working capital ratio of 0.45 years may suggest potential liquidity concerns. This could impact its ability to cover short-term obligations. Overall, Healthy Minds Innovations Inc stands out as a well-managed nonprofit dedicated to its cause, but it may need to focus on improving its liquidity position moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Healthy Minds Innovations Inc legitimate?
Healthy Minds Innovations Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Healthy Minds Innovations Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $347,795
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,582,370
For more financial information, click here
Official website here: www.hminnovations.org/hmi
What is the mission statement of Healthy Minds Innovations Inc?
Healthy Minds Innovations Inc's mission is centered around translating scientific findings into practical tools, aiming to foster and measure well-being. Their vision is to contribute to a kinder, wiser, and more compassionate world. The organization runs an innovative program named Healthy Minds@Work, which focuses on teaching individual skills to encourage a culture of engagement and success within organizations. This program helps employees and leaders in next-stage enterprises address unique challenges by building personal capacities in awareness, connection, insight, and purpose. These skills lay the foundation for individual and collective well-being, which are essential for creating thriving and successful organizations.
Official website here: www.hminnovations.org/hmi
Who is the CEO of Healthy Minds Innovations Inc?
Stephen Arnold is the Ceo of Healthy Minds Innovations Inc. The CEO's salary of Healthy Minds Innovations Inc is $153,701 and their total compensation is $158,203.
Official website here: www.hminnovations.org/hmi
What is the revenue of Healthy Minds Innovations Inc?
Healthy Minds Innovations Inc's revenue in 2022 was $3,825,213.
Official website here: www.hminnovations.org/hmi
Who are the executives of Healthy Minds Innovations Inc and what are their salaries?
The average compensation at Healthy Minds Innovations Inc during 2022 was $86,181. There are 34 employees and 8 volunteers at Healthy Minds Innovations Inc.
Here are 14 key members and their salaries (Healthy Minds Innovations Inc's CEO's salary is $153,701 and their total compensation is $158,203):
- Compensation: $153,701
- Related: $0
- Other: $4,502
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $140,883
- Related: $0
- Other: $17,870
- Compensation: $144,045
- Related: $0
- Other: $30,194
- Compensation: $142,830
- Related: $0
- Other: $17,265
- Compensation: $138,293
- Related: $0
- Other: $13,573
- Compensation: $132,087
- Related: $0
- Other: $24,127
- Compensation: $127,235
- Related: $0
- Other: $13,154
Official website here: www.hminnovations.org/hmi
Where can I find the form 990 for Healthy Minds Innovations Inc?
Healthy Minds Innovations Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hminnovations.org/hmi
Learn more at the official website: www.hminnovations.org/hmi
Mission Statement of Healthy Minds Innovations Inc
Healthy Minds Innovations Inc, a mission-driven organization, is dedicated to translating scientific findings into practical tools that foster and measure well-being. Their vision is to contribute to a kinder, wiser, and more compassionate world. Through their innovative program, Healthy Minds@Work, they aim to teach individual skills that promote an engaging and successful organizational culture within next-stage enterprises. This program focuses on building personal capacities in awareness, connection, insight, and purpose, which are essential for cultivating individual and collective well-being. Healthy Minds Innovations Inc believes that these foundational elements are crucial for creating thriving and successful organizations.
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Impact
July, 2024
Healthy Minds Innovations Inc, through its innovative program Healthy Minds@Work, has a significant impact on organizations and individuals by teaching skills that foster a culture of engagement and success. By building personal capacities for awareness, connection, insight, and purpose, this program lays the foundation for individual and collective well-being. This, in turn, supports employees and leaders in addressing the unique challenges facing next-stage enterprises, ultimately contributing to the creation of organizations that thrive and succeed.
This information is meant to be a general summary of Healthy Minds Innovations Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $276
- Program Service Revenue: $801,513
- Gross Receipts: $3,825,213
Assets and Liabilities:
- Total Assets: $3,070,291
- Total Liabilities: $641,588
- Net Assets: $2,428,703
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$767,550
SPEAKING EVENTS
Revenue
$33,963
Organization Details
Founding Year
2014
Phone
(608) 492-4184Principal Officer
Stephen Arnold
Main Address
625 WEST WASHINGTON AVENUE, MADISON, WI, 53703
Website
www.hminnovations.org/hmiNTEE Category
Code: V00 - Social research
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