Biosophical Institute Inc
- Assets
- $7.9m
- Revenue
- $155.9k
- Investments
- $6.9m
- Employees
- 0
- Location
- South Euclid, OH
- Founding
- 12/1999
- Data as of
- 12/2021
- EIN
- 34-1884570
Organization Overview
Biosophical Institute Inc is located in South Euclid, OH. The organization was established in 1999. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Biosophical Institute 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, Biosophical Institute Inc generated $155.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.3%) each year. All expenses for the organization totaled $335.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF PEACE SUMMITS AND PEACE AND FORGIVENESS EDUCATION AND OUTREACH THROUGH GRANTS TO VARIOUS ORGANIZATIONS AND DIRECT SPONSORSHIP OF PROGRAMS THAT FURTHER THE ENTITY'S MISSION OF CULTIVATING A COMMUNITY AND CULTURE OF PEACE EMCOMPASSING LIFE WISDOM AND DEEP RELATIONSHIPS. TOTAL CHARITABLE DISBURSEMENTS FOR THE YEAR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louis Ensel Executive Director/trustee | 40 | $97,838 | |
Barbara Nemeth Treasurer | 25 | $34,799 | |
Patti Bailie Secy/educ & Outrch Dir/tte | 10 | $19,575 | |
Ellen Ensel President/trustee | 3 | $0 | |
Gloria Mark Vice President/trustee | 1.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $131,077 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,335 |
| Capital Gain Net Income | $23,335 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,479 |
| Total Revenue | $155,891 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $152,212 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $10,135 |
| Interest | $8,511 |
| Taxes | $14,078 |
| Depreciation | $18,208 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,094 |
| Printing and publications | $0 |
| Other expenses | $104,411 |
| Total operating and administrative expenses | $314,784 |
| Contributions, gifts, grants paid | $20,900 |
| Total expenses and disbursements | $335,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,119 |
| Savings and temporary cash investments | $245,221 |
| Net Accounts receivable | $739 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $707,893 |
| Other assets | $704 |
| Total assets | $7,910,096 |
| Accounts payable and accrued expenses | $6,009 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $258,583 |
| Other liabilities | $0 |
| Total liabilities | $264,592 |
Grants Awarded
Over the last fiscal year, Biosophical Institute Inc has awarded $20,900 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Brunswick, ME PURPOSE: COMMUNITY TRAINING FOR ASYLUM SEEKER FACILITATION | $10,000 |
Florissant, MO PURPOSE: GENERAL SUPPORT | $10,000 |
Bath, ME PURPOSE: CHARITABLE SUPPORT | $500 |
ROTARY CLUB OF BATH PURPOSE: SUPPORT FOR FUNDRAISER | $400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chevron Phillips Chemical Co Lp Health & Benefit Tr Veba Pittsburgh, PA | $15,880,618 | $77,964,861 |
Inspirittec Inc Philadelphia, PA | $65,630,872 | $75,964,924 |
West Virginia University Medical Corporation Morgantown, WV | $21,363,966 | $59,205,918 |
Pennsylvania Virtual Charter School King Of Prussia, PA | $24,898,829 | $49,068,085 |
Pay It Forward Foundation Inc Pittsburgh, PA | $11,909,629 | $29,731,720 |
Wood County Schools Benefit Plan Bowling Green, OH | $9,100,102 | $25,909,869 |
Lifesteps Inc Butler, PA | $25,871,848 | $32,536,752 |
Progressnow Education Lansing, MI | $1,591,280 | $29,411,544 |
Inside Track Impact Inc Indianapolis, IN | $23,220,663 | $19,614,456 |
Benefits Data Trust Philadelphia, PA | $35,254,049 | $26,526,932 |
Voices For Independence Erie, PA | $11,834,971 | $20,276,084 |
Strada Collaborative Inc Indianapolis, IN | $87,757,237 | $36,146,755 |