Institute For Natural Medicine
- Assets
- $491.9k
- Revenue
- $877.1k
- Investments
- $0.0
- Employees
- 7
- Location
- Seattle, WA
- Founding
- 06/1993
- Data as of
- 12/2022
- EIN
- 02-0464611
Organization Overview
Institute For Natural Medicine is located in Seattle, WA. The organization was established in 1993. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 12/2022, Institute For Natural Medicine employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Natural Medicine is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Institute For Natural Medicine generated $877.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 26.4% each year . All expenses for the organization totaled $1.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Institute For Natural Medicine has awarded 52 individual grants totaling $1,285,565. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE BROAD PUBLIC ACCESS TO AND EDUCATION ABOUT NATUROPATHIC MEDICINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATUROPATHIC MEDICINE PROFESSIONAL DEVELOPMENT: IN STRENGTHENING THE PROFESSION OF NATUROPATHIC MEDICINE BY SUPPORTING THE DEVELOPMENT OF CLINICAL SKILLS (THROUGH A RESIDENCY PROGRAM) AND PRACTICE OPPORTUNITIES (THROUGH A CONVENTIONAL CLINIC OUTREACH PROGRAM), INM IS WORKING TO INCREASE PUBLIC ACCESS TO QUALITY NATUROPATHIC MEDICINE.
EDUCATION & OUTREACH: THIS PROGRAM INCLUDES EFFORTS TO EDUCATE & ENGAGE THE PUBLIC EN MASSE ABOUT NATUROPATHIC MEDICINE. THE PROGRAM INCLUDES: THE CAMPAIGN FOR NATUROPATHIC MEDICINE, A COLLABORATION THE AMERICAN ASSOCIATION OF NATUROPATHIC PHYSICIANS (AANP); OUR MD-DO ADVISORY BOARD, WHICH ENTAILS THE MOBILIZATION OF ALLIED PROFESSIONALS TO RESPOND TO PUBLIC RELATIONS CHALLENGES AND BOLSTER THE REPUTATION OF NATUROPATHIC MEDICINE; AND THE INM CONSUMER WEBSITE, THE DIRECT INFRASTRUCTURE NEEDED TO HOST AN ONLINE PRESENCE FOR EDUCATION AND ENGAGEMENT CONTENT.
PROFESSIONAL COMMUNITY SUPPORT: INM SOMETIMES PROVIDES SMALL OR MEDIUM-SIZED GRANTS TO STATE ASSOCIATIONS, SPECIALTY SOCIETIES, INDIVIDUALS AND OTHER ORGANIZATIONS WITHIN NATUROPATHIC MEDICINE TO DIRECTLY SUPPORT SPECIFIC PROGRAMS OR PROJECTS. THIS IS DONE WHEN THE PROGRAM OR PROJECT GOALS ARE VERY CLOSELY ALIGNED WITH INM'S MISSION, BUT THE RECIPIENT ORGANIZATION HOLDS THE RELATIONSHIPS OR OTHER RESOURCES ESSENTIAL TO THE SUCCESS OF THE PROGRAM OR PROJECT. THIS INCLUDES A DEDICATED NATIONAL POSITION COLLECTIVELY SUPPORTING STATES WHERE NATUROPATHIC MEDICINE IS IN EARLY DEVELOPMENTAL STAGES AND THE EXPANSION OF ACCESS TO CONSUMERS FOR NATUROPATHIC MEDICINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valarie Campbell Chair | OfficerTrustee | 1 | $0 |
Holly Lucile Secretary | OfficerTrustee | 1 | $0 |
Thomas Kruzel Treasurer | OfficerTrustee | 1 | $0 |
Rich Colburn Board Member | Trustee | 1 | $0 |
Preeti Kulkarni Nd Board Member | Trustee | 1 | $0 |
Joe Pizzorno Nd Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $870,175 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $870,175 |
| Total Program Service Revenue | $99 |
| Investment income | $230 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $552 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $877,056 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $249,083 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $122,964 |
| Compensation of current officers, directors, key employees. | $34,430 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $98,847 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,486 |
| Payroll taxes | $21,341 |
| Fees for services: Management | $23,875 |
| Fees for services: Legal | $29,055 |
| Fees for services: Accounting | $22,014 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $242,636 |
| Advertising and promotion | $116,537 |
| Office expenses | $9,493 |
| Information technology | $57,220 |
| Royalties | $0 |
| Occupancy | $17,375 |
| Travel | $21,265 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,950 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,809 |
| All other expenses | $13,223 |
| Total functional expenses | $1,066,173 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,396 |
| Savings and temporary cash investments | $258,721 |
| Pledges and grants receivable | $17,500 |
| Accounts receivable, net | $107,961 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,938 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,350 |
| Total assets | $491,866 |
| Accounts payable and accrued expenses | $45,704 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $30,826 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $76,530 |
| Net assets without donor restrictions | $38,623 |
| Net assets with donor restrictions | $376,713 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $491,866 |
Grants Awarded
Over the last fiscal year, Institute For Natural Medicine has awarded $249,083 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ASSOCIATION OF NATUROPATHIC PHYSICIANS PURPOSE: PROFESSIONAL COMMUNITY SUPPORT PROGRAM | $55,750 |
FEDERAL WAY NATUROPATHY PURPOSE: NATUROPATHIC MEDICINE PROFESSIONAL DEVELOPMENT | $15,000 |
FERN VALLEY NATURAL HEALTH PURPOSE: NATUROPATHIC MEDICINE PROFESSIONAL DEVELOPMENT | $15,000 |
VIDA INTEGRATED HEALTH PURPOSE: NATUROPATHIC MEDICINE PROFESSIONAL DEVELOPMENT | $10,000 |
NATURAL MEDICINE OF SEATTLE PURPOSE: NATUROPATHIC MEDICINE PROFESSIONAL DEVELOPMENT | $15,000 |
INSTITUTE OF COMPLEMENTARY MEDICINE PURPOSE: NATUROPATHIC MEDICINE PROFESSIONAL DEVELOPMENT | $15,000 |