The Gurdjieff Foundation Inc

The information for The Gurdjieff Foundation Inc is as of the organization's most recent filing in December '21. This organization is located in New York, NY. It has been in existence for 67 years, following its founding in 1954.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Gurdjieff Foundation Inc's NTEE code is P50. The "P" tells us that the organization is classified along with Human Services. The "50" tells us that the organization is involved in Personal Social Services. The NTEE describes Personal Social Services as organizations that provide a variety of personal social services or offer personal social services not specified below. This organization is also a 501(c)(3) organization, meaning it is engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work. The mission of The Gurdjieff Foundation Inc is to enhance man's harmonious self-development through self-study.

Program Areas

The organization's general fund encompasses the purposes of fostering the study of man and his harmonious development of himself and his place in the universe through lectures, conferences, seminars, and other educational activities. It serves as a platform to report all revenues, support, and functional expenses that are not specifically reported by another fund or program.

Organization Staffing

The Gurdjieff Foundation Inc has 4 employees, none of whom were paid more than $100k according to the organization's most recent 990 tax filing. Supporting the paid staff are 40 volunteers.

Board Governance

The Gurdjieff Foundation Inc appears to be well-governed based on the provided information. The organization has a total of 8 voting members, with 7 of them being independent. This indicates that the board is diverse and likely to make decisions in the best interest of the non-profit rather than personal gain. Additionally, the absence of potential conflicts of interest further strengthens the organization's governance. The fact that the organization has not delegated management to an outside firm shows that it maintains control over its operations and decision-making processes. This can be seen as a positive aspect as it allows for direct oversight and accountability. Furthermore, the documentation of board and committee meetings suggests a commitment to transparency and accountability in the organization's governance. The presence of a conflict of interest policy, disclosure of conflicts, written whistleblower policy, and document retention policy indicates that The Gurdjieff Foundation Inc has implemented important measures to address potential ethical issues and ensure responsible governance practices. It is worth noting that while the organization does not substantiate and review leadership salaries, it does substantiate and review officer's salaries, which indicates some level of scrutiny over executive compensation. Lastly, the organization's practice of providing copies of the 990 to the board prior to filing demonstrates a commitment to financial transparency and accountability. This allows board members to review and assess the non-profit's financial activities, ensuring that they align with the organization's mission and goals. Overall, The Gurdjieff Foundation Inc appears to have a well-governed structure, with various policies and practices in place to ensure responsible decision-making, transparency, and accountability.

Organization Growth

The Gurdjieff Foundation Inc, a nonprofit organization, has experienced a decrease in various financial aspects over the given time period. Contributions & Grants Received decreased from $274.8K in 2014 to $265.1K in 2021. Program Service Revenue also decreased from $171.8K in 2014 to $36.4K in 2021. Investment Income decreased from $275.9K in 2014 to $145.9K in 2021. Other Revenue decreased from $11.4K in 2014 to $290 in 2021. Total Revenue decreased from $733.9K in 2014 to $447.7K in 2021. Additionally, Employee Salaries decreased from $201.3K in 2014 to $181.4K in 2021. Total Expenses also decreased from $815.3K in 2014 to $536.2K in 2021. However, the number of Total Employees remained the same at 4 throughout the given time period, while the number of Total Volunteers increased from 0 in 2014 to 40 in 2021. Overall, the organization has experienced a decrease in financial indicators but has seen an increase in volunteer involvement.

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Board, Officers & Key Employees

Name (title)Compensation
Joseph G Giannola
Co-Director
$55,000
Rebecca Herbert
Co-Director
$0
Tom Manning
Trustee, Secretary
$0
Roger Lipsey
Trustee
$0
Diane Delvecchio
Trustee, Co-Director
$0
Lise Morales
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$232,054
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$33,043
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$265,097
Total Program Service Revenue$36,363
Investment income $99,915
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $45,990
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $447,655

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