Overview
What is Modern Minds?
Modern Minds is a mental health and wellbeing practice based in Charleston, South Carolina, specifically at 40 Calhoun Street 240. They prioritize therapy and whole-person health, offering weekly sessions to working-age adults. In addition to therapy, their services may include medication management, nutritional counseling, fitness plans, and psych-educational classes and seminars. They served a total of 402 clients in 2022 through their individual and group therapy programs, with approximately 18.5% of services provided on a sliding fee scale to qualifying clients based on objective need criteria. Modern Minds aims to treat mental health and build psychological flexibility, a resilience mindset that empowers people to cope with, accept, and adjust to life's everyday challenges, as stated in their mission. The practice employs 13 individuals.
Official website here: www.modern-minds.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
Modern Minds has achieved a solid Three-Star rating on Charity Navigator, reflecting its strong commitment to accountability and finance, with an overall score of 87%. The organization demonstrates robust governance practices, featuring a fully independent board and comprehensive policies in place concerning conflicts of interest, whistleblower protection, and document retention. Notably, there have been no issues related to the diversion of assets, showcasing a reliable management of resources.
The charity shows particular strength in its financial ratios. With a program expense ratio of 73.65%, it allocates a significant portion of its funds directly to programs, indicating a focus on mission-related activities. Additionally, its liabilities to assets ratio of 22.84% suggests a stable financial position, minimizing risk. The organization also maintains a strong fundraising efficiency ratio, which is commendable.
However, while Modern Minds exhibits impressive financial health and governance, there may be areas for further improvement, particularly in enhancing its fundraising strategies to increase overall sustainability. Continuous efforts in these areas could ensure even greater impact and growth for the charity in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Modern Minds legitimate?
Modern Minds is a legitimate nonprofit organization registered as a 501(c)(3) entity. Modern Minds 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: $200,462
Professional Fundraising Fees: $0
Other Salaries and Wages: $313,408
For more financial information, click here
Official website here: www.modern-minds.com
What is the mission statement of Modern Minds?
Modern Minds, a mental health and wellbeing practice, prioritizes therapy and holistic health. Its mission is to treat mental health issues and foster psychological flexibility, a resilience mindset that empowers individuals to cope with, accept, and adjust to life's everyday challenges. To achieve this, the practice offers weekly therapy sessions and wellness navigation, which may include various integrative services such as medication management, nutritional counseling, fitness plans, and psych-educational classes and seminars. In 2022, Modern Minds served 402 clients through its individual and group therapy programs, with approximately 18.5% of services provided on a sliding fee scale to qualifying clients based on objective need criteria.
Official website here: www.modern-minds.com
Who is the CEO of Modern Minds?
Abigail Knab is the Exec. Dir./Pres. (Part-Year) of Modern Minds.
Official website here: www.modern-minds.com
What is the revenue of Modern Minds?
Modern Minds's revenue in 2022 was $4,080,370.
Official website here: www.modern-minds.com
Who are the executives of Modern Minds and what are their salaries?
The average compensation at Modern Minds during 2022 was $39,528. There are 13 employees and 10 volunteers at Modern Minds.
Here are 9 key members and their salaries:
- 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: $160,458
- Related: $0
- Other: $40,004
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.modern-minds.com
Where can I find the form 990 for Modern Minds?
Modern Minds's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.modern-minds.com
Learn more at the official website: www.modern-minds.com
Mission Statement of Modern Minds
Modern Minds, a mental health and wellbeing practice, prioritizes therapy and whole-person health. The organization's mission is centered on treating mental health issues and building psychological flexibility, a resilience mindset that empowers individuals to cope with, accept, and adjust to life's everyday challenges.
As a therapy and wellness clinic, Modern Minds offers weekly therapy sessions to working-age adults. These sessions may include a variety of integrative services, such as medication management, nutritional counseling, fitness plans, and psych-educational classes and seminars. The clinic serves a diverse range of clients, with 402 individuals receiving services in 2022 through individual and group therapy programs.
Modern Minds also recognizes the financial challenges that many individuals face and offers reduced rates to qualifying clients based on objective need criteria. In 2022, approximately 18.5% of services were provided on a sliding fee scale, demonstrating the organization's commitment to making mental health services accessible to all.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
June, 2024
Modern Minds has made a significant impact by providing therapy and wellness services to working-age adults in Charleston, SC. Through their individual and group therapy programs, Modern Minds served a total of 402 clients in 2022. Their approach focuses on promoting psychological flexibility and resilience, empowering individuals to cope with life's challenges. Additionally, Modern Minds offers reduced rates to qualifying clients, with approximately 18.5% of services provided on a sliding fee scale. The organization's commitment to mental health and whole-person wellness has positively impacted the community by supporting individuals in their journey towards better mental well-being.
This information is meant to be a general summary of Modern Minds. 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.
- Program Service Revenue: $610,802
- Gross Receipts: $4,082,155
Assets and Liabilities:
- Total Assets: $2,075,556
- Total Liabilities: $474,068
- Net Assets: $1,601,488
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT THERAPY
Revenue
$332,831
RECOVERY SERVICES
Revenue
$193,668
NUTRITION SERVICES
Revenue
$49,365
EVENTS & WORKSHOPS
Revenue
$4,437
Organization Details
Founding Year
2019
Phone
(843) 266-3880Principal Officer
Abigail Knab
Main Address
40 CALHOUN STREET 240, CHARLESTON, SC, 29401
Website
www.modern-minds.comNTEE Category
Code: F32 - Mental health
If you are a representative of Modern Minds and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.