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Passes our checks

Modern Minds

EIN 84-3549226 · Mt Pleasant, SC

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak45 out of 100GovernanceGood80 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

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.

Income
$2.9 million
Spending
$3.8 million
Spent on programs
86%
Reserves
2.7 months of spending
Largest source of income
donations and private grants, 79%
Employees
11
Volunteers
10
Highest pay
$324,850, interim executive director

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 45 out of 100. Higher than 17% of charities in its peer group (mental health, $1m to $10m).

  • Reserves

    10 of 35

    Spendable reserves would cover 2.7 months of spending.

  • Debt

    20 of 20

    It owes 12% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 32% of income.

  • Income trend

    0 of 15

    Income fell 36% on the year before.

  • Spending floor

    15 of 15

    86% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 80 out of 100. Higher than 34% of charities in its peer group (mental health, $1m to $10m).

  • Independent board

    25 of 25

    5 of 7 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $2.6 million spent. THERAPY AND WELLNESS CLINIC: MODERN MINDS PROVIDES WORKING-AGE ADULTS WITH WEEKLY THERAPY SESSIONS AND WELLNESS NAVIGATION THAT MAY INCLUDE A VARIETY OF OTHER INTEGRATIVE SERVICES, INCLUDING MEDICATION MANAGEMENT, NUTRITIONAL COUNSELING, FITNESS PLANS, AND PSYCHO-EDUCATIONAL CLASSES AND SEMINARS. IN 2024, MODERN MINDS SERVED OVER 162 CLIENTS THROUGH ITS INDIVIDUAL AND GROUP THERAPY PROGRAMS.MODERN MINDS OFFERS REDUCED RATES TO QUALIFYING CLIENTS BASED ON OBJECTIVE NEED CRITERIA. IN 2024, APPROXIMATELY 16% OF SERVICES WERE PROVIDED FOR NO FEE AND 26% OF SERVICES WERE PROVIDED AT A DISCOUNT OR ON A SLIDING FEE SCALE.
  2. $664,205 spent. HEALTH AND WELLNESS CENTER: AS AN EXTENSION OF THE CLINIC, MODERN MINDS OPERATES A WELLNESS CENTER (JOURNEY WELLNESS LLC, DBA SYNCHRONICITY) FOR THE PURPOSE OF PROVIDING CLIENTS AND MEMBERS WITH ACCESS TO MENTAL HEALTH AND WELLNESS PRACTICES RECOMMENDED BY MENTAL HEALTH AND WELLNESS PROFESSIONALS. THE WELLNESS CENTER PROVIDES AMENITIES KNOWN TO BENEFIT PHYSICAL AND MENTAL HEALTH, MOVEMENT CLASSES, STRESS MANAGEMENT AND WELLNESS WORKSHOPS, AND NUTRITION CONSULTATION, AMONG OTHER SERVICES. MENTAL HEALTH AND WELLNESS PROFESSIONALS GUIDE THE OPERATION OF THE CENTER AND PROVIDE CLASSES AND TRAINING. THE WELLNESS CENTER OFFERS MONTHLY MEMBERSHIPS AT SEVERAL DIFFERENT LEVELS, WITH MONTHLY FEES LOW ENOUGH SO THAT A SIGNIFICANT SEGMENT OF THE COMMUNITY CAN AFFORD TO PARTICIPATE.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since July 2022.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.