Concept Therapy Institute Inc
- Assets
- $3.1m
- Revenue
- $447.2k
- Investments
- $0.0
- Employees
- 12
- Location
- San Antonio, TX
- Founding
- 04/1964
- Data as of
- 12/2023
- EIN
- 74-1213124
Organization Overview
Concept Therapy Institute Inc is located in San Antonio, TX. The organization was established in 1964. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2023, Concept Therapy Institute Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Concept Therapy 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 12/2023, Concept Therapy Institute Inc generated $447.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $749.2k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
COMPREHENSIVE LEARNING FOR PEOPLE ASPIRING TO A LIFE OF HEALTH, HAPPINESS, SUCCESS AND PEACE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONCEPT-THERAPY INSTITUTE (CTI) IS AN EDUCATIONAL HUB BASED IN SAN ANTONIO, TX DEDICATED TO TEACHING THE PROFOUND PRINCIPLES OF CONCEPT-THERAPY CREATED BY DR. THURMAN FLEET WHICH FOCUS ON HELPING PEOPLE BECOME THEIR BEST VERSION OF THEMSELF. NAVIGATING THROUGH THE COMPREHENSIVE PERSONAL GROWTH COURSES AT CTI UNVEILS A PROFOUND JOURNEY OF INTROSPECTION AND SELF REALIZATION THAT ENABLE ONE TO MANIFEST A BETTER LIFE WITH ABUNDANCE, GREATER SUCCESS, AND A DEEPER UNDERSTANDING THAT LEADS TO INNER PEACE. CTI OFFERS A VARIETY OF COURSES AND REGULARLY MAKES CLASSES AVAILABLE ON CONCEPT THERAPY TV. CTI ALSO RECORDS CLASSES AND LECTURES TO OFFER OUR COURSES ON A WORLD CLASS LEARNING PLATFORM. (SEE SCHEDULE O FOR MORE INFORMATION...)SINCE 1944, AUTHORIZED TEACHERS FOR CTI HAVE BEEN PRESENTING THE "CORRELATION OF THE WISDOM OF THE AGES" PRESENTED BY DR. THURMAN FLEET. COORDINATING THE PRINCIPLES OF SCIENCE, THEOLOGY, BIOLOGY, PHYSICS, THE HEALING ARTS, AND MUCH MORE, DR. FLEET'S CONCEPT-THERAPY PHILOSOPHY HAS BEEN TAUGHT TO TENS OF THOUSANDS OF INDIVIDUALS FROM ALL VOCATIONS AND EVERY WALK OF LIFE.CTI TEACHERS HAVE COMPLETED THE INSTITUTE'S PRESCRIBED CURRICULUM AND ARE AUTHORIZED TO PRESENT THE CONCEPT-THERAPY COURSE. WITH ADDITIONAL TRAINING AND EXPERIENCE, A TEACHER MAY BE AUTHORIZED TO PRESENT ADDITIONAL COURSES IN THE INSTITUTE'S CURRICULUM. SOME TEACHERS AND TEACHING TEAMS TEACH IN A SPECIFIC LOCALE, SOME TEACHERS ARE AVAILABLE TO PRESENT CLASSES IN MULTIPLE LOCATIONS, AND OTHERS OFFER BOTH IN-PERSON AND/OR ONLINE CLASSES. DURING 2023, CTI PRESENTED A FOUNDATIONAL TEACHER'S TRAINING CLASS THAT GRADUATED 17 NEW TEACHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond Gravelle President | OfficerTrustee | 10 | $0 |
Bonnie Chastain Secretary | OfficerTrustee | 10 | $0 |
Mark Oholendt Financial Consultant/treasurer | OfficerTrustee | 30 | $54,712 |
Leigh Zachary Chairman | Trustee | 10 | $0 |
Robin Brunk-Dawson Board Member | Trustee | 10 | $0 |
Dr Cassie Mattox Board Member | Trustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Michael Panzarella Pllc Legal | 12/30/18 | $151,828 |
Salvador Alatorre Roofing Contractor | 12/30/18 | $81,800 |
Chromium Advertising | 12/30/18 | $65,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $14,832 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,242 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,074 |
| Total Program Service Revenue | $100,054 |
| Investment income | $96,030 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $23,616 |
| Net Gain/Loss on Asset Sales | $119,119 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $68,631 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $447,209 |
| 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. | $122,970 |
| Compensation of current officers, directors, key employees. | $50,126 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $91,278 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,583 |
| Payroll taxes | $56,439 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,814 |
| Fees for services: Accounting | $29,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,120 |
| Advertising and promotion | $371 |
| Office expenses | $48,034 |
| Information technology | $113,306 |
| Royalties | $0 |
| Occupancy | $144,215 |
| Travel | $4,189 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,525 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $69,884 |
| Insurance | $18,452 |
| All other expenses | $4,107 |
| Total functional expenses | $749,187 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $268,034 |
| Savings and temporary cash investments | $2,124,035 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,464 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $107,043 |
| Prepaid expenses and deferred charges | $16,440 |
| Net Land, buildings, and equipment | $547,632 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $75,001 |
| Other assets | $0 |
| Total assets | $3,139,649 |
| Accounts payable and accrued expenses | $12,599 |
| 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 | $12,599 |
| Net assets without donor restrictions | $0 |
| 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 | $3,127,050 |
| Total liabilities and net assets/fund balances | $3,139,649 |