Center for Mindful Learning INC FY2020 filing

Tax-deductible

Lowell, VT501(c)(3)EducationEIN 36-4695073Revenue $1.1M in FY2020

On file with the IRScenterformindfullearning.org751 Page Rd, 05847-9563 · Lowell, VTTax-exempt since Sep 2011Publicly supported charity — 170(b)(1)(A)(vi)

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To bring a deep practice of mindfulness to large numbers of people in the modern world.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$66K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $360K a year · 39% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$66K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
20 mo
of spending, in cash
Looks good: 20.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $854K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$901K
36% of total assets
Looks good: liabilities are 36% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 4 voting members
Looks good: 3 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
Spent
$526K
To programs
79%
Net assets
$1.6M
By yearFY2020–FY2024
Revenue
$1.1M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.1M
FY2021$991K
FY2022$993K
FY2023$650K
FY2024$844K
Expenses
$526K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$526K
FY2021$463K
FY2022$600K
FY2023$599K
FY2024$593K
Net assets
$1.6M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.6M
FY2021$2.1M
FY2022$2.5M
FY2023$2.6M
FY2024$2.9M

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $417K Management & general 19% · $101K Fundraising 1% · $7K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $66K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & Chair
$40,000Pt VII · Sec A
Executive Director
$26,400Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Teal Scott’s $40K as President & Chair is at the 31st percentile of top reported officer pay among 1613 $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 · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Teal Scott$40,000$36,250$43,333$40,000$40,000
Andrew Becker$38,208————
Peter Park$4,400$8,000$28,000$28,800$26,400
Sophia Gallagher—$9,750$10,500——

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II3 listed

Programs and updates

Teaches mindfulness practices to many people in today's world.

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Provided by the organization

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3 programs · $417K · in their own filed words · FY2020
01

Leadership Training Program

Unique for its rigor, length and standards, the monastic academy creates trustworthy, enlightened leaders. It brings students through three stages: the personal growth needed to find one's power, the transpersonal shift needed to relinquish power, and the personal growth needed to hold power ethically.

$314Kprogram expense
02

Guest Offerings

Our stunning 123-ACRE retreat facility brings guests from around the world for professional stays, week-long retreats, and making a new life in our village. Combining the wisdom and love of traditional monasticism with the power and impact of entrepreneurship, remote workers integrate deep mindfulness into their projects.

$63Kprogram expense
03

Impact on Existential Risks

We are reducing the chance that life on earth will be destroyed by technology. Our vermont center organizes direct action protesting the presence of nuclear weapon systems in the state; our california center offers training to individuals conducting ai safety research; our national organization works with cryptocurrency experts to make…

$40Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$854K
See all 3 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$889K
Fees for servicesLn 2g$209K
Investment incomeLn 3$3K
Money outPt IX
$526K
Ln 25
Programscol B$417K
Managementcol C$101K
Fundraisingcol D$7K
Owns and owesPt X
$1.6M
net assets · Ln 32
Cash and savingsLn 1–2$897K
Total assetsLn 16$2.5M
LiabilitiesLn 26$901K
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$889K
Government grantsLn 1e$31K
Noncash giftsLn 1g$36K
Fees for servicesLn 2g$209K
Investment incomeLn 3$3K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$897K
Cash and savings togetherLn 1–2$897K
Land, buildings, equipmentLn 10c$1.6M
Other assetsLn 15$4K
Total assetsLn 16$2.5M
LiabilitiesLn 26$901K
Net assetsLn 32$1.6M
OperationsPt I, VI
EmployeesI 55
VolunteersI 640
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$438K$897K
Land, buildings, equipmentLn 10c$1.5M$1.6M
Total assetsLn 16$1.9M$2.5M
LiabilitiesLn 26$930K$901K
Net assetsLn 32$1.0M$1.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$66K$66K
Payroll taxesLn 10$5K$5K
Legal feesLn 11b$10K$10K
Accounting feesLn 11c$7K$7K
Other fees for servicesLn 11g$19K$8K$6K$5K
Advertising and promotionLn 12$1K$1K$252
Office expensesLn 13$11K$9K$1K$1K
Information technologyLn 14$8K$6K$1K$642
OccupancyLn 16$148K$148K$233
TravelLn 17$20K$20K$9$46
InterestLn 20$52K$52K
Depreciation, depletion and amortizationLn 22$48K$44K$5K
InsuranceLn 23$19K$19K
Other expenses (24a–d)Ln 24$110K$110K$54
Total functional expensesLn 25$526K$417K$101K$7K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $844K$593K$250K$2.9M 990 PDF
FY2023 $650K$599K$52K$2.6M 990 PDF
FY2022 $993K$600K$393K$2.5M 990 PDF
FY2021 $991K$463K$529K$2.1M 990 PDF
FY2020 Viewing $1.1M$526K$575K$1.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $1,101,025 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $407,371$888,770
I-9 Program service revenuePrior year $173,418$209,333
I-10 Investment incomePrior year $5,097$2,922
I-11 Other revenuePrior year $1,514$0
I-12 Total revenuePrior year $587,400$1,101,025
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $65,284$71,721
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $347,869$454,166
I-18 Total expensesPrior year $413,153$525,887
I-19 Revenue less expensesPrior year $174,247$575,138
Part VI · Governance 3 of 4 board members independent, 3 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $1,101,025 across 7 lines filed
VIII-1e Government grants$31,296
VIII-1f All other contributions, gifts and grants$857,474
VIII-1g Noncash contributions (included above)$35,925
VIII-1h Total contributions, gifts and grants$888,770
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $209,333$209,333
VIII-3 Investment incomeExcluded from tax $2,922$2,922
VIII-12 Total revenueRelated to mission $209,333 · Unrelated business $0 · Excluded from tax $2,922$1,101,025
Part IX · Statement of functional expenses $525,887 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $66,400$66,400
IX-10 Payroll taxesPrograms $5,321$5,321
IX-11b Legal feesManagement $10,070$10,070
IX-11c Accounting feesManagement $7,264$7,264
IX-11g Other fees for servicesPrograms $8,099 · Management $6,143 · Fundraising $5,104$19,346
IX-12 Advertising and promotionPrograms $1,129 · Fundraising $252$1,381
IX-13 Office expensesPrograms $8,970 · Management $1,379 · Fundraising $1,051$11,400
IX-14 Information technologyPrograms $5,638 · Management $1,294 · Fundraising $642$7,574
IX-16 OccupancyPrograms $148,047 · Fundraising $233$148,280
IX-17 TravelPrograms $20,366 · Management $9 · Fundraising $46$20,421
IX-20 InterestManagement $51,641$51,641
IX-22 Depreciation, depletion and amortizationPrograms $43,557 · Management $4,840$48,397
IX-23 InsuranceManagement $18,566$18,566
IX-24 Other expenses (24a–d)Programs $109,772 · Fundraising $54$109,826
IX-25 Total functional expensesPrograms $417,299 · Management $101,206 · Fundraising $7,382$525,887
Part X · Balance sheet $2,511,118 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $438,157$897,250
X-4 Accounts receivableStart of year $168$8,176
X-10c Land, buildings and equipment, netStart of year $1,510,034$1,601,850
X-15 Other assetsStart of year $874$3,842
X-16 Total assetsStart of year $1,949,233$2,511,118
X-17 Accounts payable and accrued expensesStart of year $8,970$11,390
X-26 Total liabilitiesStart of year $929,758$901,396
X-32 Total net assets or fund balancesStart of year $1,019,475$1,609,722
X-33 Total liabilities and net assetsStart of year $1,949,233$2,511,118
Part XI · Reconciliation of net assets $1,609,722 net assets at year end
XI-1 Total revenue$1,101,025
XI-2 Total expenses$525,887
XI-3 Revenue less expenses$575,138
XI-4 Net assets at start of year$1,019,475
XI-8 Prior period adjustments$15,109
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,609,722

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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