W Edwards Deming Institute
- Assets
- $1.4m
- Revenue
- $458.2k
- Investments
- $0.0
- Employees
- 5
- Location
- Ketchum, ID
- Founding
- 07/1994
- Data as of
- 12/2021
- EIN
- 52-1856624
Organization Overview
W Edwards Deming Institute is located in Ketchum, ID. The organization was established in 1994. According to its NTEE Classification (H05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Medical Research and related organizations. As of 12/2021, W Edwards Deming Institute employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. W Edwards Deming Institute 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, W Edwards Deming Institute generated $458.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $771.5k during the year ending 12/2021. While expenses have increased by 4.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
DR. W. EDWARDS DEMING'S LEADERSHIP PHILOSOPHY IS A HOLISTIC APPROACH TO WORK AND LIFE WITH THE AIM FOR EVERYONE TO WIN: MANAGERS, EMPLOYEES, COMMUNITIES, THE ENVIRONMENT, AND SOCIETY AS A WHOLE. WE HONOR HIS LEGACY BY INTRODUCING HIS TEACHINGS TO YOUNGER GENERATIONS, DEVELOPING NEW DEMING LEADERS, AND ENSURING THE TRANSITION OF KNOWLEDGE FROM DR. DEMING'S TRUSTED COLLEAGUES. THROUGH LIVE SEMINARS AND WORKSHOPS, THE DEMINGNEXT ONLINE LEARNING EXPERIENCE, AND OTHER PROGRAMS WE INCREASE THE ADOPTION OF THE DEMING SYSTEM OF PROFOUND KNOWLEDGE IN OUR SCHOOLS AND IN SMALL TO MID-SIZED BUSINESSES AND ORGANIZATIONS. WE ALSO HELP STRENGTHEN NONPROFITS THAT ARE AS COMMITTED AS WE ARE TO MAKING PEOPLE'S LIVES BETTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, THE INSTITUTE REACHED MORE NEW LEARNERS, AND ENGAGED CURRENT DEMING PRACTITIONERS IN NEW PROGRAMS. THE INSTITUTE STRENGTHENED OUR INFRASTRUCTURE AND EXPANDED OUR CAPACITY TO ACHIEVE OUR AIM OF ENRICHING SOCIETY THROUGH THE DEMING PHILOSOPHY.2021 ACCOMPLISHMENTS: - IN 2021 THE INSTITUTE HIRED A NEW LEARNING SYSTEMS SPECIALIST TO GUIDE IMPLEMENTATION, MANAGEMENT AND ONGOING SUPPORT FOR OUR NEW DEMINGNEXT ONLINE LEARNING PLATFORM. - DEMINGNEXT, A NEW ONLINE LEARNING PLATFORM, WAS IN ITS THIRD YEAR OF PRODUCTION, WITH THE HELP OF MORE THAN 100 VOLUNTEERS WHO SERVED AS SUBJECT MATTER EXPERTS, TESTERS, AND INTERVIEWEES. THE INSTITUTE PREPARED DEMINGNEXT FOR A PUBLIC LAUNCH IN SPRING 2022.- THE INSTITUTE BUILT PARTNERSHIPS WITH SELECT ORGANIZATIONS IN AFRICA AND ASIA TO PROMOTE DEMING TEACHINGS IN THOSE REGIONS THROUGH DEMINGNEXT. - THE INSTITUTE'S IN-PERSON 9-HOUR WORKSHOP WAS REVAMPED INTO A 3-WEEK VIRTUAL WORKSHOP AND WAS DELIVERED TWICE IN 2021, FOR A TOTAL OF 76 LEARNERS.- DEMING INSTITUTE FREE LEARNING RESOURCES, INCLUDING OUR WEBSITE, PODCASTS, BLOGS AND VIDEOS WERE VIEWED MORE THAN 280,000 TIMES.- THE INSTITUTE HIRED A NEW SENIOR DEVELOPMENT AND COMMUNICATIONS MANAGER TO OVERSEE ANNUAL GIVING CAMPAIGNS AND MANAGE ORGANIZATIONAL COMMUNICATIONS, INCLUDING SOCIAL MEDIA. - A NEW OCTOBER FUNDRAISING CAMPAIGN RAISED MORE THAN $10,000 FOR THE DEMING INSTITUTE SCHOLARSHIP FUND. - MORE THAN 2,000 INDIVIDUALS FROM THE US AND AROUND THE WORLD JOINED THE DEMING INSTITUTE COMMUNITY THROUGH EMAIL AND SOCIAL MEDIA. OUR LINKEDIN FOLLOWING INCREASED TO MORE THAN 4,500, AND OUR TWITTER FOLLOWING INCREASED TO MORE THAN 5,500.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darlene Suyematsu Dir. Of Operations And Philanthropy | 40 | $104,553 | |
Steven Haedrich Secretary | OfficerTrustee | 3 | $0 |
Kevin Edwards Cahill President And Executive Director | OfficerTrustee | 40 | $0 |
Diana Deming Cahill Chairman | OfficerTrustee | 1 | $0 |
Richard R Steele Treasurer - Until 5/2021 | OfficerTrustee | 3 | $0 |
J Vincent Cahill Vice Chairman And Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $78 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $366,547 |
| Noncash contributions included in lines 1a–1f | $4,936 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $366,625 |
| Total Program Service Revenue | $36,439 |
| Investment income | $17,488 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $14,629 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $23,016 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $458,197 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $589 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $255,036 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,510 |
| Payroll taxes | $22,261 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,916 |
| Fees for services: Accounting | $51,627 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,710 |
| Fees for services: Other | $307,495 |
| Advertising and promotion | $335 |
| Office expenses | $19,276 |
| Information technology | $32,666 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,142 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,761 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,205 |
| Insurance | $4,405 |
| All other expenses | $19 |
| Total functional expenses | $771,482 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,468 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $172,835 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,470 |
| Net Land, buildings, and equipment | $31,503 |
| Investments—publicly traded securities | $1,183,915 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,800 |
| Total assets | $1,398,991 |
| Accounts payable and accrued expenses | $66,538 |
| 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 | $66,538 |
| Net assets without donor restrictions | $1,310,172 |
| Net assets with donor restrictions | $22,281 |
| 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 | $1,398,991 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that W Edwards Deming Institute has recieved totaling $150,144.
| Awarding Organization | Amount |
|---|---|
M J Murdock Charitable Trust Vancouver, WA PURPOSE: EXPAND ONLINE PROGRAMMING | $76,500 |
M J Murdock Charitable Trust Vancouver, WA PURPOSE: EXPAND ONLINE PROGRAMMING | $73,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $144 |
Endowment Analysis
| Beg. Balance | $138,629 |
| Earnings | $13,695 |
| Ending Balance | $152,324 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Young Living Foundation Lehi, UT | $9,856,727 | $9,672,215 |
Clayton Medical Research Foundation Inc Carson City, NV | $95,559,460 | $3,301,602 |
Seattle Science Foundation Seattle, WA | $3,795,510 | $2,724,723 |
Bateman Horne Center Of Excellence Inc Salt Lake City, UT | $646,829 | $2,098,445 |
W Edwards Deming Institute Ketchum, ID | $1,398,991 | $458,197 |
Tw Mcmath Deondue Tr Las Vegas, NV | $7,242,100 | $1,219,873 |
The Alliance For Benzodiazepine Best Practices Portland, OR | $56,528 | $273,386 |
Inflammation Research Association Inc Newcastle, WA | $51,304 | $16,980 |