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Nonprofiteer
← MAHARISHI FOUNDATION INTERNATIONAL

Form 990 for tax year 2023

Filed by MAHARISHI FOUNDATION INTERNATIONAL.

Totals

Total revenue
$6,073,183
Total expenses
$6,471,227
Contributions and grants received
$5,626,866
Grants paid
$0
Program service revenue
$401,125
Investment income
$42,395
Other revenue
$2,797
Total assets, end of year
$3,689,141
Total liabilities, end of year
$1,440,756
Net assets or fund balances, end of year
$2,248,385
Program services expenses (Part IX)
$5,286,653
Management and general expenses
$1,184,574
Fundraising expenses
$0
Program service expenses (Part III)
$5,286,653

Program services were 81.7% 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.

  • 1d · Related organizations

    $3,710,000

  • 1f · All other contributions, gifts and grants

    $1,916,866

  • 1g · Noncash contributions included above

    $390,007

  • 2a · Program service revenue: LICENSE FEES FOR APP

    total $251,125 · related or exempt $251,125

  • 2b · Program service revenue: PROMOTIONAL FEES

    total $150,000 · related or exempt $150,000

  • 3 · Investment income

    total $42,395 · excluded $42,395

  • 11a · Other revenue: MISC REVENUE

    total $2,797 · excluded $2,797

  • 11e · Other revenue, total

    $2,797

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $984,429 · program services $896,461 · management and general $87,968

  • 9 · Other employee benefits

    total $37,306 · program services $27,168 · management and general $10,138

  • 10 · Payroll taxes

    total $86,863 · program services $74,709 · management and general $12,154

  • 11a · Fees: management

    total $159,504 · program services $136,593 · management and general $22,911

  • 11b · Fees: legal

    total $117,649 · program services $100,750 · management and general $16,899

  • 11c · Fees: accounting

    total $45,424 · program services $38,899 · management and general $6,525

  • 11g · Fees: other

    total $4,237,939 · program services $3,766,661 · management and general $471,278

  • 13 · Office expenses

    total $45,535 · program services $9,681 · management and general $35,854

  • 14 · Information technology

    total $256,506 · program services $233,058 · management and general $23,448

  • 17 · Travel

    total $52,526 · management and general $52,526

  • 19 · Conferences, conventions and meetings

    total $71,110 · program services $781 · management and general $70,329

  • 22 · Depreciation, depletion and amortization

    total $369,913 · management and general $369,913

  • 23 · Insurance

    total $6,466 · program services $1,892 · management and general $4,574

  • 24a · Other expenses: UNCATAGORIZED EXPENSE

    total $57 · management and general $57

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $524,603 · end of year $290,148

  • 2 · Savings and temporary cash investments

    beginning of year $748,803 · end of year $548,681

  • 4 · Accounts receivable

    beginning of year $22,352 · end of year $61,784

  • 6 · Loans and receivables from disqualified persons

    end of year $125,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $28,256 · end of year $37,220

  • 10a · Land, buildings and equipment: cost or other basis

    $3,810

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,344

  • 10c · Land, buildings and equipment, net

    beginning of year $1,982 · end of year $1,466

  • 14 · Intangible assets

    beginning of year $2,953,440 · end of year $2,623,127

  • 15 · Other assets

    beginning of year $30,951 · end of year $1,715

  • 17 · Accounts payable and accrued expenses

    beginning of year $420,668 · end of year $190,756

  • 24 · Unsecured notes and loans payable

    beginning of year $1,250,000 · end of year $1,250,000

  • 27 · Net assets without donor restrictions

    beginning of year $2,639,719 · end of year $2,248,385

Mission and programs · 2023

Mission

MFI WAS ESTABLISHED TO PROMOTE THE EXPANSION OF MAHARISHI VEDIC SCIENCE.

  • TRANSCENDENTAL MEDITATION DIGITAL COURSE

    Expenses $3,877,019 · Revenue $718,125

  • BRANDING AND GLOBAL PRESENCE

    Expenses $1,297,553 · Revenue $150,000

  • TRAINING COURSE & OTHER COURSE DEVELOPMENT

    Expenses $112,081 · Revenue $110,000

As filed on the 2023 return.

Listed in Part VII

  • Tom Factor

    PRESIDENT; BOARD MEMBER

    Total calculated
    $0
    Hours/week
    40
  • Robert Lopinto

    CFO; TREASURER; BOARD MEMB

    Total calculated
    $0
    Hours/week
    10 + 11 related
  • Steve Berson

    BOARD MEMBER, SECRETARY, G

    Total calculated
    $0
    Hours/week
    40
  • Carla Berkers

    BOARD MEMBER

    Total calculated
    $164,050
    From this org
    $159,504
    From related orgs
    $0
    Other
    $4,546
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,504
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $4,546
    Filer's total
    $164,050
  • Aalok Shrivastava

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Ann Crowell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Ann Purcell Tiernan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Bevan Morris

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Carolyn Gaylord King

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Dr John Hagelin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Eike Hartmann

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Emily Levin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Graeme Lodge

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Harris Kaplan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0 + 20 related
  • Howard Chandler

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    20 + 5 related
  • Jose Luis Alvarez Roset

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Joumana Nammour

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Leslie Brooks

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0 + 2 related
  • Lila-Maria Hartmann-Stein

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Lorenza Garghetti

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Luc Henrard

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Marcelo Geraldi

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Nancy Diamond

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Neil Paterson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0 + 10 related
  • Mark McCooey

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Omar Hamza

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Peter Warburton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Rafael David

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0 + 15 related
  • Rainer Picha

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0 + 15 related
  • Ram Shrivastava

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Shizuo Suzuki

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Soloman Mwangi

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Steven Rubin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0 + 5 related
  • Susan Dillbeck

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Vicki Broome

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Vikram Aditya

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Volker Schanbacher

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • W Scott Gould

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Antoine Nader

    CHAIRMAN AND CEO

    Total calculated
    $0
    Hours/week
    10 + 30 related
  • Jennifer Jiang

    EMPLOYEE

    Total calculated
    $136,779
    From this org
    $136,779
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Sam Crewe-Sullam

    EMPLOYEE

    Total calculated
    $122,265
    From this org
    $122,265
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Daniel Houli

    EMPLOYEE

    Total calculated
    $102,904
    From this org
    $102,904
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Brandy Hyer

    EMPLOYEE

    Total calculated
    $108,397
    From this org
    $108,397
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • MAHARISHI GLOBAL COUNTRY OF WORLD PEACE

    PROMOTE PROGRAMS TO ENLIVEN VEDIC TRADITION OF KNOWLEDGE · NL

  • BRAHMANANDA SARASWATI FOUNDATION

    501(C)(3) · SUPPORT LARGE GROUPS PRACTICING TM AND ITS ADV TECHNIQUES · DE

    Directly controlled by MAHARISHI GLOBAL COUNTRY OF WORLD PEACE

  • MERU (NETHERLANDS)

    PROMOTE PROGRAMS TO ENLIVEN VEDIC TRADITION OF KNOWLEDGE · NL

    Directly controlled by MAHARISHI GLOBAL COUNTRY OF WORLD PEACE

  • IMAVF (NETHERLANDS)

    PROMOTION OF MAHARISHI AYURVEDA · NL

    Directly controlled by MAHARISHI GLOBAL COUNTRY OF WORLD PEACE

  • GLOBAL CAPITAL OF WORLD PEACE INC

    501(C)(3) · SUPPORT LARGE GROUPS PRACTICING TM · WV

    Directly controlled by MAHARISHI GLOBAL COUNTRY OF WORLD PEACE

  • MAHARISHI PURUSHA PROGRAM

    501(C)(3) · SUPPORT LARGE GROUPS PRACTICING TM · WV

    Directly controlled by MAHARISHI GLOBAL COUNTRY OF WORLD PEACE

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • MAHARISHI FOUNDATION TECHNOLOGIES

    C · ORGANIZED AS BENEFIT COPRORATION TO PURSUE PUBLIC BENEFITS. · DE · 100% owned · controlled entity

    Directly controlled by MAHARISHI FOUNDATION INTERNATIONAL

  • MVU CC BV (NETHERLANDS)

    C · PROMOTE THE UNDERSTANDING AND USE OF MAHARISHI TECHNOLOGIES OF CONSCIOUSNESS · NL

    Directly controlled by MAHARISHI GLOBAL COUNTRY OF WORLD PEACE

  • MVU HOLDING (MALTA)

    C · PROMOTE THE UNDERSTANDING AND USE OF MAHARISHI TECHNOLOGIES OF CONSCIOUSNESS · MT

    Directly controlled by MAHARISHI GLOBAL COUNTRY OF WORLD PEACE

  • MVU LTD (MALTA)

    C · PROMOTE THE UNDERSTANDING AND USE OF MAHARISHI TECHNOLOGIES OF CONSCIOUSNESS · MT

    Directly controlled by MAHARISHI GLOBAL COUNTRY OF WORLD PEACE

Provenance

Return type
form_990
Tax year
2023
Filed
21 November 2024
IRS schema version
2023v5.1
Source object
202403309349300530

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