Flow University EIN 92-3568747 Form 990 (PDF) Claim this org

Flow University

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Integrates somatic practices and education to foster physical harmony, mental clarity, and emotional balance. For fiscal year 2024 it reported $228K in revenue, $177K in expenses, and $111K in net assets.Pt I

Type
Higher education institution · Arts & Culture
Location
Pinehurst, NC
Filings
2 on file (2023–2024)
Revenue
$228KFY2024
Expenses
$177K
Net assets
$111K
People
6
Filings
2
Updates
0
More identity details & actions ⌄
EIN  92-3568747 Higher education institution Pinehurst, NC
Form 990 (PDF)
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Size
$100K–1M
What they do
Integrates somatic practices and education to foster physical harmony, mental clarity, and emotional balance.
Leadership
David Michael Wolff · Executive Director
Money in and out
$228K revenue, $177K expenses
Bottom line
+22% operating surplus
Financial scale & money flow · FY2024
Total revenue
$228K
Pt VIII · Ln 12
Total expenses
$177K
Pt IX · Ln 25
Net assets
$111K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $50K
Where spending went · Part IX cols B–D
Program services $0.67 Management & general $0.33
Operating surplus
+22%
revenue over expenses, this legal entity▼ -68% vs prior filing year
Program spending
67%
of expenses reach program services
Gift & grant revenue
97%
of revenue from contributions & grants▼ -3% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$228K
FY2024▲ +163%
Total revenue
$228K
Pt VIII · Ln 12
Total expenses
$177K
Pt IX · Ln 25
Net assets
$111K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$50K
Total assetsPt X · Ln 16$111K
Program-expense ratioPt IX · col B67%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFlow University
EINHdr · item D92-3568747
Principal addressHdr · item CPinehurst, NC
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A20)
Ruling yearIRS BMFAug 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Flow University executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $119K of program spending, described in the organization's own filed words · FY2024.
01

Launched pilot program music leadership academy accepting 17 exceptional students on full scholarship for the two-year program. Public presentations introduced flow university to the local community and the first public concert was held in may 2024. Weekly classes for the general public began in may 2024.

$119Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$221K · 97%
Investment income$5K · 2%
Program service revenue$2K · 1%
Contributions & grants97%$221K
Investment income2%$5K
Program service revenue1%$2K
Total revenueLn 12$228K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.67 Management & general $0.33
Program services67%$119K
Management & general33%$58K
Total functional expensesLn 25$177K

Balance Sheet

Part X · end of year
CashLn 1$87K
Total assetsLn 16$111K
Total liabilitiesLn 26$0
Total net assetsLn 32$111K
Months of cash on handcomputed5.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $87K · Operating expenses/yr $177K
5.9 months
Where the money goes
Program services
Program services $119K · Total expenses $177K
67%
Management & General
Management & general $58K · Total expenses $177K
33%
Fundraising
Fundraising $0 · Total expenses $177K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $221K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $221K · Total revenue $228K
97%
Government reliance
Government grants — · Total revenue $228K
Earned-income share
Program service revenue $2K · Total revenue $228K
0.9%
Investment reliance
Investment income $5K · Total revenue $228K
+2%
Program self-sufficiency
Program service revenue $2K · Total expenses $177K
1%
Growth & trend
Revenue growth (YoY)
This year $228K · Prior year $87K
+163%
Net-asset trend (YoY)
End of year $111K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $228K · Expenses $177K
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $111K
Net-asset ratio
Net assets $111K · Total assets $111K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $111K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual David Michael Wolff · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $0 · Total expenses $177K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $177K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 67%
Overhead ratio 33%
Fundraising cost ratio 0%
Revenue growth 163%

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 · FY2024
Total grants receivedfrom 1 funder$100K

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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)$228K revenue · viewing · ⤓ 990 PDF
FY2023$87K 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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