Balanced Rock Foundation EIN 26-0778922

Balanced Rock Foundation

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Inspires meaningful, healthy lives through nature, community, and self-connection. For fiscal year 2024 it reported $370K in revenue, $341K in expenses, and $844K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
El Portal, CA
Website
www.balancedrock.org
Filings
5 on file (2020–2024)
Revenue
$370KFY2024
Expenses
$341K
Net assets
$844K
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  26-0778922 Public charity (501(c)(3)) El Portal, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Inspires meaningful, healthy lives through nature, community, and self-connection.
Leadership
Heather Sullivan · Executive Director · $83K
Money in and out
$370K revenue, $341K expenses
Bottom line
71% program efficiency
Where the money goes · FY2024
Total revenue
$370K
Pt VIII · Ln 12
Total expenses
$341K
Pt IX · Ln 25
Net assets
$844K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $29K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.19 Fundraising $0.10
Program efficiency
71%
of spending reaches programs▲ +33% vs prior filing year
Operating runway
30.5mo
months of highly liquid reserves at operating expense rate▼ -3% vs prior filing year
Surplus margin
+8%
revenue over expenses, this year▲ +109% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$370K
FY2024▲ +141%
Expenses
$341K
FY2024▲ +16%
Total assets
$864K
FY2024▲ +11%
Total liabilities
$20K
FY2024▲ +18%
Total revenue
$370K
Pt VIII · Ln 12
Total expenses
$341K
Pt IX · Ln 25
Net assets
$844K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$29K
Total assetsPt X · Ln 16$864K
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $242K of program spending, described in the organization's own filed words · FY2024.
01

Successfully ran an 8-month in-person Yoga Teacher Training Program which concluded in September. We hosted four healing retreats in Yosemite National Park including a retreat for women of color and an art & nature retreat.

$242Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBalanced Rock Foundation
EINHdr · item D26-0778922
Principal addressHdr · item CEl Portal, CA
WebsiteHdr · item Jwww.balancedrock.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B600)
Ruling yearIRS BMFFeb 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$83,086Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President of the Board
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Heather Sullivan’s $83K as Executive Director is at the 74th percentile of top reported officer pay among 1615 $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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021
Heather Sullivan$83,086$72,314$64,120$58,437

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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Statement of Revenue

Part VIII
Contributions & grants$253K · 68%
Program service revenue$81K · 22%
Investment income$36K · 10%
Contributions & grants68%$253K
Program service revenue22%$81K
Investment income10%$36K
Total revenueLn 12$370K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.19 Fundraising $0.10
Program services71%$242K
Management & general19%$66K
Fundraising10%$33K
Total functional expensesLn 25$341K

Balance Sheet

Part X · end of year
CashLn 1$860K
Total assetsLn 16$864K
Total liabilitiesLn 26$20K
Total net assetsLn 32$844K
Months of cash on handcomputed30.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $860K · Operating expenses (Pt IX) $341K · Less non-cash grants $2K · Cash operating expenses/yr $339K
30.5 months
Where the money goes
Program services
Program services $242K · Total expenses $341K
71%
Management & General
Management & general $66K · Total expenses $341K
19%
Fundraising
Fundraising $33K · Total expenses $341K
10%
Cost to raise $1
Fundraising expense (3-yr avg) $26K · Solicited contributions (3-yr avg) $106K
$0.25 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $253K · Total revenue $370K
68%
Government reliance
Government grants $0 · Total revenue $370K
0%
Earned-income share
Program service revenue $81K · Total revenue $370K
22%
Investment reliance
Investment income $36K · Total revenue $370K
+10%
Program self-sufficiency
Program service revenue $81K · Total expenses $341K
24%
Growth & trend
Revenue growth (YoY)
This year $370K · Prior year $153K
+141%
Revenue CAGR
FY2020 $232K · FY2024 $370K
+12%
Net-asset trend (YoY)
End of year $844K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $370K · Expenses $341K
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $864K
Net-asset ratio
Net assets $844K · Total assets $864K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $864K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Heather Sullivan · Reported title Executive Director · Highest reported compensation $83K · Total expenses $341K
24%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $236K · Total expenses $341K
69%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 19%
Fundraising cost ratio 13%
Revenue growth 141%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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.

Grants

Schedule I · funders on record
Grants received · FY2025
Parks CaliforniaFY2025$108K
Total grants receivedfrom 1 funder$108K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$370K revenue · viewing · ⤓ 990 PDF
FY2023$153K revenue · ⤓ 990 PDF
FY2022$147K revenue · ⤓ 990 PDF
FY2021$303K revenue · ⤓ 990 PDF
FY2020$232K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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