Civic Intelligence

Mindful Valor Foundation Inc

EIN 83-3654084 • 501(c)3 • Terrebonne, OR

Profile

The mindful valor foundation, inc. Was founded by kristin "chief" beck, u.s. Navy seal (retired), to educate and promote the recognition of traumatic events affecting personal development, well-being, adjustment and the fulfillment of a well-balanced, rewarding life.

1383 Barberry CTTerrebonne, OR 97760

greenzonehero.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

97th percentile

88%

Higher net margin than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$202,492

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$202,492

No earlier filing loaded for comparison.

Revenue

$228,888

No earlier filing loaded for comparison.

Expenses

$26,396

No earlier filing loaded for comparison.

Net Income

$202,492

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2019: $202,492Liabilities 2019: $0Net Assets 2019: $202,4922019

Highlighted filing

2019

Assets$202,492
Liabilities$0
Net Assets$202,492

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0Revenue 2019: $228,888Expenses 2019: $26,396Net Income 2019: $202,4922019

Highlighted filing

2019

Revenue$228,888
Expenses$26,396
Net Income$202,492

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$2.02$0.00$2.02$2.29$0.26$2.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Feb 12, 2019 to Dec 31, 2019
Signed
Oct 19, 2020
Return Version
2019v5.0
Gross Receipts
$228,888
Mission and Program Overview

Mission

The mindful valor foundation, inc. Was founded by kristin "chief" beck, u.s. Navy seal (retired), to educate and promote the recognition of traumatic events affecting personal development, well-being, adjustment and the fulfillment of a well-balanced, rewarding life.

Our goal is the development of resources to address and remediate emotional trauma. We are building online classes and resources to guide meditation, regulation, and other alternative therapies supporting emotional wellness. Restore meaning and purpose claim your value and identity build inner peace and resilience heal invisible wounds discover your mission pay it forward

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$182,170-
Cash and Non-Interest-Bearing Accounts-$20,322-
Total Assets$0$202,492▲ $202,492
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$202,492-
Total Net Assets Fund Balance$0$202,492▲ $202,492
Total Liabilities and Net Assets / Fund Balance$0$202,492▲ $202,492
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kristin BeckPresident /
John AberleBoard Member
Cait BoyceTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$228,869
Program Service Revenue
$0
Investment Income
$19
Other Revenue
$0
All Other Contributions
$228,869
Change in Net Assets
$202,492
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$21,081
Grants and Similar Amounts Paid$5,315
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$9,119$50-$9,169
Fees for Services Legal-$6,210-$6,210
Grants to Domestic Individuals$5,315--$5,315
Fees for Services Accounting$1,500$1,500-$3,000
Office Expenses$1,351$1,351-$2,702
Total Functional Expenses$17,285$9,111$0$26,396
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Heather BeckSpouseAdministrative WorkNo$3,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 9

Kristin beck 5487 jerico hill rd alfred, ny 14803 john aberle 303 s haverfield dr spring city, pa 19475

Form 990, Page 6, Part VI, Line 11B

Distributed to board members via email for review prior to filing.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Mindful Valor Foundation Inc
EIN
83-3654084
Phone
5419485087
Address
1383 BARBERRY CT, TERREBONNE, OR 97760

Signing Officer

Name
Cait Boyce
Title
Treasurer
Phone
5419485087
Signed
2020-10-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristin Beck
Formed
2019
Legal Domicile
De
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Azure Tax and Accounting LLC
Address
225 NW FRANKLIN AVE STE 3, BEND, OR 97703-2882
Preparer
Jack Adam Groves
Phone
5415505700
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mindful valor foundation, inc. Was founded by kristin "chief" beck, u.s. Navy seal (retired), to educate and promote the recognition of traumatic events affecting personal development, well-being, adjustment and the fulfillment of a well-balanced, rewarding life.

Form 990, Page 2, Part III, Line 4D

The program accomplishments are the recognition of traumatic events affecting personal development and fulfillment of a well-balanced, rewarding life. Presentation of service dog to a veteran in need. Presentation of grant to a veteran burned out of his property.

Form 990, Part IX, Line 11G

Book contract 5,000 0 0 video & photo editing softwar 50 0 0 camera equipment 2,777 0 0 education 50 50 0 program supplies 1,242 0 0 total 9,119 50 0

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DISTRIBUTED TO BOARD MEMBERS VIA EMAIL FOR REVIEW PRIOR TO FILING.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOOK CONTRACT 5,000 0 0 VIDEO & PHOTO EDITING SOFTWAR 50 0 0 CAMERA EQUIPMENT 2,777 0 0 EDUCATION 50 50 0 PROGRAM SUPPLIES 1,242 0 0 TOTAL 9,119 50 0
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ReasonableCauseExplanation/ExplanationTxt0REQUEST FOR FAILURE TO FILE PENALTY ABATEMENT BASED ON REASONABLE CAUSE. STATEMENT MADE UNDER PENALTIES OF PERJURY. THE 2019 FORM 990 WAS DUE TO BE FILED ON JULY 15, 2020. THIS WAS AUTOMATICALLY EXTENDED FROM MAY 15, 2020 DUE TO THE COVID-19 PANDEMIC. AT THIS TIME, THE FOUNDATION WAS IN A STATE OF FLUX WITH ORGANIZATIONAL ISSUES, FUNDING AND NEW BOARD MEMBERS. THE COVID PANDEMIC CAUSED SIGNIFICANT DISRUPTIONS IN THIS ORGANIZATION AND THE FOUNDATION STRUGGLED WITH DECISIONS TO CONTINUE AIDING VETERANS AND FAMILIES BASED ON THE LOCKDOWN MANDATES ACROSS THE UNITED STATES. DURING THIS TIME THE BOARD WAS APPROACHED BY A PROSPECITIVE NEW MEMBER WHO IS A FINANCIAL REPRESENTATIVE AND HE WOULD HAVE TAKEN OVER THE FIDUCIARY TAX ISSUES. THIS ENGAGEMENT DID NOT COME TO FRUITION, AND THE SECRETARY OF THE FOUNDATION ATTEMPTED TO BRING THE FOUNDATION INTO COMPLIANCE BY FILING THE 2020 FORM 990-N. WHEN IT BECAME CLEAR THAT A 2019 FORM 990 WAS REQUIRED TO BE FILED, THE SECRETARY ENGAGED A CERTIFIED PUB
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ReturnHeader/ReturnTs02021-10-20T10:21:29-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-02-12
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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