Foundation For A Course In Miracles Inc
- Assets
- $7.1m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 8
- Location
- Henderson, NV
- Founding
- 11/1983
- Data as of
- 12/2021
- EIN
- 13-3168245
Organization Overview
Foundation For A Course In Miracles Inc is located in Henderson, NV. The organization was established in 1983. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2021, Foundation For A Course In Miracles Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For A Course In Miracles Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Foundation For A Course In Miracles Inc generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $821.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION HOLDS CLASSES AND WORKSHOPS AIMED AT HELPING STUDENTS OF A COURSE IN MIRACLES TO UNDERSTAND THE TEACHINGS OF FORGIVENESS, TO INTEGRATE ITS PRINCIPLES INTO THEIR LIVES, AND TO DEVELOP A BETTER RELATIONSHIP WITH THE HOLY SPIRIT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION HOLDS CLASSES AND WORKSHOPS AIMED AT HELPING STUDENTS OF A COURSE IN MIRACLES TO UNDERSTAND THE TEACHINGS OF FORGIVENESS, TO INTEGRATE ITS PRINCIPLES INTO THEIR LIVES, AND TO DEVELOP A BETTER RELATIONSHIP WITH THE HOLY SPIRIT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Salour Treasurer | OfficerTrustee | 30 | $133,310 |
Gloria Wapnick President | OfficerTrustee | 10 | $80,000 |
Mark Salour Secretary | OfficerTrustee | 5 | $57,220 |
Alyssa Juskowitz Director | Trustee | $0 | |
Jean Boutin Director | Trustee | $0 | |
Kevin Murphy Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $172,426 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $172,426 |
| Total Program Service Revenue | $17,729 |
| Investment income | $30,730 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $44,038 |
| Net Rental Income | -$10,530 |
| Net Gain/Loss on Asset Sales | $1,808,085 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $134,887 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,202,230 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $282,936 |
| Compensation of current officers, directors, key employees. | $141,468 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $216,540 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,461 |
| Payroll taxes | $38,197 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,298 |
| Fees for services: Accounting | $9,699 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $122,228 |
| Advertising and promotion | $275 |
| Office expenses | $6,029 |
| Information technology | $7,549 |
| Royalties | $0 |
| Occupancy | $33,939 |
| Travel | $854 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,585 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,531 |
| Insurance | $4,591 |
| All other expenses | $9,667 |
| Total functional expenses | $821,134 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $278,963 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $384 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $119,918 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $869,381 |
| Investments—publicly traded securities | $5,862,555 |
| Investments—other securities | $0 |
| Investments—program-related | $15,000 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,146,201 |
| Accounts payable and accrued expenses | $5,067 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,067 |
| Net assets without donor restrictions | $7,141,134 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,146,201 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Foundation For A Course In Miracles Inc has recieved totaling $3,619.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $3,619 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
T E R I Inc Oceanside, CA | $30,038,706 | $24,071,259 |
Bibleproject Portland, OR | $22,318,162 | $14,590,233 |
New Life Worship Ministries Inc Scottsdale, AZ | $1,015,217 | $4,541,172 |
Catholic Charities Of The Diocese Of Oakland Oakland, CA | $39,560,106 | $13,377,446 |
Canal Alliance San Rafael, CA | $13,209,485 | $13,069,505 |
Alliance For Housing And Healing Los Angeles, CA | $3,099,540 | $10,429,736 |
Fred Maytag Family Foundation San Francisco, CA | $67,782,266 | $1,530,855 |
Voice Of Prophecy Riverside, CA | $11,402,103 | $7,152,408 |
Science And Nonduality Sebastopol, CA | $5,779,504 | $9,674,990 |
College Golf Fellowship Roseville, CA | $4,740,992 | $5,717,609 |
Associated Builders & Contractors Of Southern California Anaheim, CA | $3,214,682 | $4,513,844 |
Tao Fellowship Sedona, AZ | $19,067,372 | $2,706,388 |