National Qigong Association
- Assets
- $55.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Eagan, MN
- Founding
- 07/2002
- Data as of
- 12/2021
- EIN
- 41-1889479
Organization Overview
National Qigong Association is located in Eagan, MN. The organization was established in 2002. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Qigong Association 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, National Qigong Association generated $59.5k 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 (6.8%) each year. All expenses for the organization totaled $56.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE EDUCATION THROUGH CONFERENCES, SEMINARS AND MATERIALS TO EXPAND AWARENESS OF THE TRADITIONS AND PHILOSOPHIES OF QIGONG AND TAICHI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Bouguyon President/director | 6 | $0 | |
Bill Sloan Director | 3 | $0 | |
Bernard Shannon Chair/director | 6 | $0 | |
Clayton Crossly Director | 3 | $0 | |
Michael Sweeney Dtcm Dmq Lac Chair/director | 3 | $0 | |
Jo Cern Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,116 |
| Total Program Service Revenue | $10,290 |
| Membership dues | $45,148 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,974 |
| Total Revenue | $59,530 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $3,150 |
| Salaries, other compensation, and employee benefits | $21,669 |
| Professional fees and other payments to independent contractors | $10,498 |
| Occupancy, rent, utilities, and maintenance | $7,601 |
| Printing, publications, postage, and shipping | $433 |
| Other expenses | $13,193 |
| Total expenses | $56,544 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,269 |
| Other assets | $0 |
| Total assets | $55,436 |
| Total liabilities | $11,881 |
| Net assets or fund balances | $43,555 |
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