Quietmind Foundation
- Assets
- $150.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Elkins Park, PA
- Founding
- 05/2002
- Data as of
- 12/2022
- EIN
- 23-3054677
Organization Overview
Quietmind Foundation is located in Elkins Park, PA. The organization was established in 2002. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quietmind Foundation 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 12/2022, Quietmind Foundation generated $150.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $190.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MEDICAL RESEARCH & CLINICAL TRAILS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marvin Berman President | 15 | $67,750 | |
Alan Skvirsky Director | 0 | $0 | |
John Eldred Director | 0 | $0 | |
Jerry Kaplan Director | 0 | $0 | |
Jerome Seelig Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $151,610 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | -$1,006 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $150,604 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $108,155 |
| Professional fees and other payments to independent contractors | $6,540 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $12 |
| Other expenses | $75,873 |
| Total expenses | $190,580 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,493 |
| Other assets | $0 |
| Total assets | $150,129 |
| Total liabilities | $2,526 |
| Net assets or fund balances | $100,186 |