Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).
Status and standing
Where the money goes
Statement of Functional Expenses
Financial health
Summary of the Filing
Balance Sheet
Statement of Revenue
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 67% | — | — |
| Overhead ratio | 31% | — | — |
| Fundraising cost ratio | 3% | — | — |
| Revenue growth | 71% | — | — |
| Accounting fee ratio | 2% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Leadership and pay
Officers, Directors & Key Employees
Gail Jolley’s $30K as Executive Director is at the 23rd percentile of top reported officer pay among 1612 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Gail Jolley | $30,090 | $30,090 | $30,090 | $30,900 | $30,090 |
| Miguel Malagreca | $10,000 | $10,000 | $10,000 | $5,000 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Governance & Policies
Mission and programs
Trains people in Ageless Wisdom teachings and practices.
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Where the work happens
Education
We provide lesson materials and instruction for correspondence courses in the Ageless Wisdom for 306 members, which includes 19 new students. We received 128 application requests to the School.
Public Awareness Outreach
We produced 12 monthly group letters in three languages (English, Spanish, Italian) that are circulated among our membership and others within the spiritual community. We also sent out two free Newsletters in 2024, which were distributed to the entire School membership and also upon request.
Student Service
449 members receive our yearly conference set; this is a document composed of study excerpts on a particular subject, three conference talks and a conference report. 63 students received lesson sets and individual commentaries on their work in three languages.
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Filing history
| Year | Revenue | Expenses | Change | Filing |
|---|---|---|---|---|
| FY2024 Latest Viewing | $151K | $108K | +71% | 990 PDF |
| FY2023 | $88K | $107K | -18% | 990 PDF |
| FY2022 | $107K | $109K | -14% | 990 PDF |
| FY2021 | $125K | $108K | +28% | 990 PDF |
| FY2020 | $97K | $102K | 990 PDF |
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Schedules filed Part IV
Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.
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