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← INWARD BOUND MINDFULNESS EDUCATION INC

Form 990 for tax year 2023

Filed by INWARD BOUND MINDFULNESS EDUCATION INC.

Totals

Total revenue
$953,908
Total expenses
$1,016,566
Contributions and grants received
$640,297
Grants paid
$0
Program service revenue
$306,775
Investment income
$1,194
Other revenue
$5,642
Total assets, end of year
$328,495
Total liabilities, end of year
$143,946
Net assets or fund balances, end of year
$184,549
Program services expenses (Part IX)
$856,502
Management and general expenses
$117,161
Fundraising expenses
$42,903
Program service expenses (Part III)
$856,502

Program services were 84.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $640,297

  • 2a · Program service revenue: RETREAT & TRAINING INC

    total $306,775 · related or exempt $306,775

  • 3 · Investment income

    total $1,194 · excluded $1,194

  • 11a · Other revenue: CASH BACK REWARDS

    total $4,490 · related or exempt $4,490

  • 11b · Other revenue: PRODUCT SALES

    total $1,112 · related or exempt $1,112

  • 11c · Other revenue: MISCELLANEOUS

    total $40 · related or exempt $40

  • 11e · Other revenue, total

    $5,642

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $129,638 · program services $108,896 · management and general $10,371 · fundraising $10,371

  • 7 · Other salaries and wages

    total $271,425 · program services $227,997 · management and general $21,714 · fundraising $21,714

  • 9 · Other employee benefits

    total $28,284 · program services $23,758 · management and general $2,263 · fundraising $2,263

  • 10 · Payroll taxes

    total $31,645 · program services $26,581 · management and general $2,532 · fundraising $2,532

  • 11c · Fees: accounting

    total $20,250 · management and general $20,250

  • 11g · Fees: other

    total $54,311 · program services $7,589 · management and general $45,999 · fundraising $723

  • 12 · Advertising and promotion

    total $51,885 · program services $50,441 · management and general $733 · fundraising $711

  • 13 · Office expenses

    total $5,998 · program services $4,601 · management and general $891 · fundraising $506

  • 14 · Information technology

    total $16,767 · program services $11,384 · management and general $2,105 · fundraising $3,278

  • 16 · Occupancy

    total $3,755 · program services $3,755

  • 23 · Insurance

    total $10,839 · program services $2,737 · management and general $7,841 · fundraising $261

  • 24a · Other expenses: RETREAT TEACHER & PROGR

    total $183,828 · program services $183,828

  • 24b · Other expenses: RETREAT FACILITY RENTAL

    total $133,626 · program services $133,626

  • 24c · Other expenses: RETREAT TRAVEL & FOOD

    total $56,834 · program services $56,834

  • 24d · Other expenses: RETREAT SUPPLIES

    total $8,760 · program services $8,760

  • 24e · All other expenses

    total $8,721 · program services $5,715 · management and general $2,462 · fundraising $544

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $99,252 · end of year $175,555

  • 3 · Pledges and grants receivable

    beginning of year $312,000 · end of year $145,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,704 · end of year $7,940

  • 17 · Accounts payable and accrued expenses

    beginning of year $157,247 · end of year $48,008

  • 19 · Deferred revenue

    beginning of year $13,502 · end of year $5,938

  • 25 · Other liabilities

    beginning of year $0 · end of year $90,000

  • 27 · Net assets without donor restrictions

    beginning of year $114,538 · end of year $76,549

  • 28 · Net assets with donor restrictions

    beginning of year $132,669 · end of year $108,000

Mission and programs · 2023

Mission

INWARD BOUND MINDFULNESS PROVIDES IN-DEPTH MINDFULNESS PROGRAMMING FOR YOUTH AND THE PARENTS AND PROFESSIONALS WHO SUPPORT THEM.

Activities or mission (Part I)

INWARD BOUND PROVIDES IN-DEPTH MINDFULNESS PROGRAMMING FOR YOUTH AND THE ADULTS WHO SUPPORT THEM. OUR PROGRAMMING GUIDES PARTICIPANTS IN DEVELOPING SELF-AWARENESS, COMPASSION, AND ETHICAL DECISION MAKING, AND EMPOWERS THEM TO APPLY THESE SKILLS IN IMPROVING THEIR LIVES AND COMMUNITIES.

  • INWARD BOUND MINDFULNESS IS THE NATIONAL LEADER IN IMMERSIVE MINDFULNESS EDUCATION FOR TEENS, YOUNG ADULTS, AND THE ADULTS WHO SUPPORT THEM. EMERGING FROM THE GLOBAL PANDEMIC, INWARD BOUND SAFELY HELD SIX IN-PERSON TEEN RETREATS IN FIVE DIFFERENT REGIONS. TEENS FROM 22 DIFFERENT STATES AND THREE CANADIAN PROVINCES ATTENDED OUR LIFE-CHANGING AND LIFE-AFFIRMING RETREATS. A RECORD 71.2% OF PARTICIPANTS RECEIVED $500 OR MORE OF SCHOLARSHIP SUPPORT REFLECTING THE INCREASING ECONOMIC HARDSHIPS FOR MANY FAMILIES. ADDITIONALLY, INWARD BOUND PROVIDED SEVERAL CUSTOM PROGRAMS TO SCHOOL COMMUNITIES AND YOUTH-SERVING PROFESSIONALS. IN TOTAL, INWARD BOUND PROVIDED 9 RETREATS AND 17 COURSES AND WORKSHOPS TO A TOTAL OF 328 PARTICIPANTS ACROSS THE COUNTRY.OUR COMMITMENT TO INCLUSIVITY CONTINUED TO BE EVIDENT, WITH 43% OF PARTICIPANTS IDENTIFYING AS BIPOC AND 56% IDENTIFYING AS LGBTQIA+. THESE STATISTICS REPRESENT SIGNIFICANT INCREASES FROM OUR NATIONAL PRE-PANDEMIC AVERAGES OF 32% AND 30%, RESPECTIVELY. INWARD BOUND FURTHER ACCOMPLISHED OUR DIVERSITY, EQUITY, INCLUSION AND ACCESSIBILITY (DEIA) GOALS BY: UPDATING THE DEIA TRAINING PROGRAM RECEIVED BY OUR RETREAT TEACHERS, MENTORS, AND COORDINATORS; INCREASING THE NUMBER OF BIPOC ASSISTANT RETREAT TEACHERS; CULTIVATING BIPOC- AND LGBTQIA+-CENTERED PROGRAMMATIC PARTNERSHIPS; AND, IMPLEMENTING AN ORGANIZATIONAL EQUITY LENS TO INFORM OUR PROGRAMS, PROCESSES, POLICIES AND DECISION-MAKING AT THE ORGANIZATION.

    Expenses $856,502 · Revenue $312,417

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mark Wax

    PRESIDENT (AS OF 05/2024)

    Total calculated
    $14,704
    From this org
    $14,704
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Anthony Sartori

    DIR., EQUITY ADVISORY (LEFT 03/2024)

    Total calculated
    $3,999
    From this org
    $3,999
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Falcon Caligiuri-Randall

    DIR., YOUTH ADV. COMM. (LEFT 12/23)

    Total calculated
    $0
    Hours/week
    2

  • Jacqui Clay

    PRESIDENT (LEFT 05/2024)

    Total calculated
    $7,000
    From this org
    $7,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • David Macek

    TREASURER (LEFT 06/2024)

    Total calculated
    $99,168
    From this org
    $87,610
    From related orgs
    $0
    Other
    $11,558
    Hours/week
    40

  • Jennifer Heitel

    SECRETARY, OPER. & FINANCE

    Total calculated
    $84,463
    From this org
    $73,168
    From related orgs
    $0
    Other
    $11,295
    Hours/week
    32

  • Joseph De Wolk

    DIRECTOR (AS OF 05/2024)

    Total calculated
    $0
    Hours/week
    2

  • Stephanie Beeman

    DIRECTOR (AS OF 05/2024)

    Total calculated
    $0
    Hours/week
    1

  • Hassan Rostam

    TREASURER (AS OF 05/2024)

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
29 May 2025
IRS schema version
2023v6.0
Source object
202501499349301320

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