World Medicine Institute
- Assets
- $182.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Honolulu, HI
- Founding
- 05/2002
- Data as of
- 06/2022
- EIN
- 52-2347972
Organization Overview
World Medicine Institute is located in Honolulu, HI. The organization was established in 2002. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. As of 06/2022, World Medicine Institute employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Medicine 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 06/2022, World Medicine Institute generated $80.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (25.9%) each year. All expenses for the organization totaled $175.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (17.2%) per year over the past 7 years. 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
WMI OPERATES A CLINIC FOR ACUPUNTURE SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gayle Todoki Dac Secretary/treasurer | 1 | $0 | |
Eric Ono Dac Director | 1 | $0 | |
Patricia Brady JD Director | 1 | $0 | |
Gayle Todoki Dac Clinical Director | 40 | $16,608 | |
Eric Ono Dac Chief Operating Officer | 40 | $16,608 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $700 |
| Total Program Service Revenue | $72,749 |
| Membership dues | $0 |
| Investment income | $7,082 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,531 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,255 |
| Professional fees and other payments to independent contractors | $16,742 |
| Occupancy, rent, utilities, and maintenance | $82,173 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,592 |
| Total expenses | $175,762 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,186 |
| Other assets | $0 |
| Total assets | $182,445 |
| Total liabilities | $410,256 |
| Net assets or fund balances | -$227,811 |