Heart Mind Foundation FY2022 filing

Tax-deductible

Swannanoa, NC501(c)(3)Public & Societal BenefitEIN 47-1139341

This page gets seen. Tell your story. Claim this org.

How can we serve the convergence of buddhism with technology and global culture?

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$45K 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

FY2022 · 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
3 of 5
filings with a surplus
Average surplus $4K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$45K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$271K
+19% vs prior year
Spent
$245K
To programs
88%
Net assets
$40K
By yearFY2020–FY2024
Revenue
$271K
FY2022▲ +19%
Revenue by fiscal year
FY2020$371K
FY2021$227K
FY2022$271K
FY2023$136K
FY2024$115K
Expenses
$245K
FY2022▼ -32%
Expenses by fiscal year
FY2020$245K
FY2021$359K
FY2022$245K
FY2023$161K
FY2024$92K
Net assets
$40K
FY2022▲ +179%
Net assets by fiscal year
FY2020$147K
FY2021$14K
FY2022$40K
FY2023$16K
FY2024$39K

From the FY2022 Form 990 · see the original

Give Claim
You’re viewing the FY2022 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 Aug 2014.

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $214K Management & general 10% · $25K Fundraising 2% · $5K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

3 people listed on the 990; $45K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$35,311Pt VII · Sec A
Financial of
$9,738Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Vincent Horn’s $429 as President is at the 0th percentile of top reported officer pay among 1043 $100K–1M public & societal benefit 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

NameFY2024FY2023FY2022FY2021FY2020
Vincent Horn$429$21,304$35,311$60,646$54,256
Ryan Oelke——$9,738$26,905$13,937

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.

See Heart Mind Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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

Programs and updates

Connects Buddhism with technology and global culture.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $214K · in their own filed words · FY2022
01

Podcast in 2022 we continued to release new episodes of the freely offered buddhist geeks podcast,including 6 new episodes. In addition to the archived episodes, the buddhist geeks podcast, received a total of 1,883,286 podcast listens in 2022, making a combined 2.3 million listens from 2018 2022.

$214Kprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$271K
Ln 12
Gifts and grantsLn 1h$253K
Fees for servicesLn 2g$17K
Money outPt IX
$245K
Ln 25
Programscol B$214K
Managementcol C$25K
Fundraisingcol D$5K
Owns and owesPt X
$40K
net assets · Ln 32
Cash and savingsLn 1–2$38K
Total assetsLn 16$40K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$253K
Fees for servicesLn 2g$17K
Total revenueLn 12$271K
Assets in detailPt X, end of year
CashLn 1$38K
Cash and savings togetherLn 1–2$38K
Land, buildings, equipmentLn 10c$2K
Total assetsLn 16$40K
LiabilitiesLn 26$0
Net assetsLn 32$40K
OperationsPt I, VI
EmployeesI 52
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$11K$38K
Land, buildings, equipmentLn 10c$3K$2K
Total assetsLn 16$14K$40K
LiabilitiesLn 26$8$0
Net assetsLn 32$14K$40K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$59$59
Pay of current officers, directors and key staffLn 5$45K$35K$6K$4K
Other employee benefitsLn 9$10K$10K
Payroll taxesLn 10$3K$3K
Accounting feesLn 11c$1K$1K
Other fees for servicesLn 11g$123K$123K
Advertising and promotionLn 12$375$375
Office expensesLn 13$1K$21$1K
Information technologyLn 14$14K$11K$1K$1K
TravelLn 17$24K$12K$12K
InterestLn 20$37$37
Depreciation, depletion and amortizationLn 22$807$807
InsuranceLn 23$344$344
Other expenses (24a–d)Ln 24$18K$16K$2K
All other expensesLn 24e$5K$4K$705
Total functional expensesLn 25$245K$214K$25K$5K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $115K$92K$23K$39K 990 PDF
FY2023 $136K$161K−$24K$16K 990 PDF
FY2022 Viewing $271K$245K$26K$40K 990 PDF
FY2021 $227K$359K−$133K$14K 990 PDF
FY2020 $371K$245K$126K$147K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2022 990 (4 parts)
Part VIII · Statement of revenue $270,643 across 4 lines filed
VIII-1f All other contributions, gifts and grants$253,471
VIII-1h Total contributions, gifts and grants$253,471
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $17,172$17,172
VIII-12 Total revenueRelated to mission $17,172$270,643
Part IX · Statement of functional expenses $244,845 across 15 lines filed
IX-1 Grants to domestic organizationsPrograms $59$59
IX-5 Pay of current officers, directors and key staffPrograms $35,066 · Management $6,452 · Fundraising $3,531$45,049
IX-9 Other employee benefitsPrograms $9,587$9,587
IX-10 Payroll taxesPrograms $3,096$3,096
IX-11c Accounting feesManagement $1,170$1,170
IX-11g Other fees for servicesPrograms $123,066$123,066
IX-12 Advertising and promotionFundraising $375$375
IX-13 Office expensesPrograms $21 · Management $1,152$1,173
IX-14 Information technologyPrograms $11,098 · Management $1,387 · Fundraising $1,387$13,872
IX-17 TravelPrograms $11,817 · Management $11,817$23,634
IX-20 InterestManagement $37$37
IX-22 Depreciation, depletion and amortizationPrograms $807$807
IX-23 InsuranceManagement $344$344
IX-24 Other expenses (24a–d)Programs $15,699 · Management $2,024$17,723
IX-24e All other expensesPrograms $4,148 · Management $705$4,853
IX-25 Total functional expensesPrograms $214,464 · Management $25,088 · Fundraising $5,293$244,845
Part X · Balance sheet $40,179 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $11,192$37,789
X-10c Land, buildings and equipment, netStart of year $3,197$2,390
X-16 Total assetsStart of year $14,389$40,179
X-26 Total liabilitiesStart of year $8$0
X-27 Net assets without donor restrictionsStart of year $14,381$40,179
X-32 Total net assets or fund balancesStart of year $14,381$40,179
X-33 Total liabilities and net assetsStart of year $14,389$40,179
Part XI · Reconciliation of net assets $40,179 net assets at year end
XI-1 Total revenue$270,643
XI-2 Total expenses$244,845
XI-3 Revenue less expenses$25,798
XI-4 Net assets at start of year$14,381
XI-10 Net assets at end of year$40,179

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.