Option Institute And Fellowship
- Assets
- $3.5m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 29
- Location
- Sheffield, MA
- Founding
- 05/2006
- Data as of
- 12/2021
- EIN
- 04-2780755
Organization Overview
Option Institute And Fellowship is located in Sheffield, MA. The organization was established in 2006. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2021, Option Institute And Fellowship employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Option Institute And Fellowship 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 12/2021, Option Institute And Fellowship generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ALL PROGRAMS & SERVICES HELP INDIVIDUALS FIND CLARITY,COMFORT & SELF EMPOWERMENT (AND A SENSE OF INNER FAITH)IN THE FACE OF DIFFICULT & TRAUMATIC PERSONAL AND/OR FAMILY CHALLENGES,ALSO WORKS WITH FAMILIES & THEIR CHILDREN WITH AUTISM TO IMPROVE THE QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SON-RISE PROGRAM,GROUP PROGRAMS SEE SCHEDULE ATTACHED
SON-RISE PROGRAM ON LINE
ADULT GROUP PROGRAMS SEE SCHDULE ATTACHED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Neil Kaufman Co-President | OfficerTrustee | 40 | $56,985 |
Kelly Healey Controller/trea | Officer | 40 | $55,036 |
Susan M Kaufman Co-President | OfficerTrustee | 40 | $38,982 |
Dave Bambach Director | Trustee | 0 | $0 |
Wendy Edwards Director | Trustee | 0 | $0 |
Kathy Kiepura Director | Trustee | 0 | $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 | $488,214 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $488,214 |
| Total Program Service Revenue | $1,443,871 |
| Investment income | $3,330 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,900 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,590 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,344,528 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $154,161 |
| Grants and other assistance to Foreign Orgs/Individuals | $155,924 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $108,491 |
| Compensation of current officers, directors, key employees. | $24,864 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $873,209 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $60,287 |
| Payroll taxes | $85,436 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,926 |
| Fees for services: Accounting | $29,247 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,037 |
| Fees for services: Other | $0 |
| Advertising and promotion | $37,662 |
| Office expenses | $1,662 |
| Information technology | $45,461 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38 |
| Interest | $2,537 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $95,436 |
| Insurance | $127,025 |
| All other expenses | $23,607 |
| Total functional expenses | $2,106,433 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,878,202 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $66,715 |
| Net Land, buildings, and equipment | $1,560,697 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,505,614 |
| Accounts payable and accrued expenses | $53,112 |
| Grants payable | $0 |
| Deferred revenue | $248,346 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $301,458 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $3,204,156 |
| Total liabilities and net assets/fund balances | $3,505,614 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Option Institute And Fellowship has recieved totaling $141,606.
| Awarding Organization | Amount |
|---|---|
Wyncote Foundation Philadelphia, PA PURPOSE: SUPPORT FOR ONGOING PROGRAMS | $75,000 |
Greater Houston Community Foundation Houston, TX PURPOSE: RELIGION | $31,000 |
John And Barbara Mclendon Family Foundation Pittsboro, NC PURPOSE: GENERAL EXEMPT PURPOSE | $15,000 |
Pittsburgh Foundation Pittsburgh, PA PURPOSE: RELIGION-RELATED | $10,000 |
Community Foundation Of Greater Rochester Rochester, MI PURPOSE: GENERAL PROGRAMMING | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $606 |
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