Inner Explorer Inc
- Assets
- $2.7m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 14
- Location
- Franklin, MA
- Founding
- 03/2012
- Data as of
- 06/2023
- EIN
- 45-2395336
Organization Overview
Inner Explorer Inc is located in Franklin, MA. The organization was established in 2012. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2023, Inner Explorer Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inner Explorer Inc 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 06/2023, Inner Explorer Inc generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 34.4% each year . All expenses for the organization totaled $2.4m during the year ending 06/2023. While expenses have increased by 29.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CHRONIC STRESS, WHETHER ASSOCIATED WITH POVERTY, VIOLENCE, FRACTURED FAMILIES, TECHNOLOGY OVERLOAD, PEER PRESSURE OR BULLYING, PREVENTS LEARNING AND IS A ROOT CAUSE OF POOR ACADEMIC PERFORMANCE, AND ULTIMATELY, NEGATIVE LIFE OUTCOMES. INNER EXPLORER, A NATIONAL NON-PROFIT ORGANIZATION, IS COMMITTED TO BRINGING MINDFULNESS PRACTICES INTO EVERY CLASSROOM EVERY DAY TO REDUCE THE BARRIERS TO LEARNING AND TEACHING, SO OUR YOUNG PEOPLE, FAMILIES, AND COMMUNITIES THRIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INNER EXPLORER BRINGS MINDFULNESS TO CHILDREN AND THEIR FAMILIES BOTH AT SCHOOL AND IN THE HOME. SPECIFICALLY, THE MODEL, BASED ON THE WORLD-RENOWNED MINDFULNESS BASED STRESS REDUCTION (MBSR) PROTOCOL, INCLUDES FOUR PROGRAM LEVELS FROM PRE-K TO 12TH GRADE, EACH WITH 180 AUDIO-GUIDED MINDFULNESS PRACTICES, OFFERED IN BOTH ENGLISH AND SPANISH. EACH DAY, STUDENTS ARE GUIDED THROUGH A 5-10 MINUTE MINDFULNESS PRACTICE, DURING WHICH TIME TEACHERS ARE ENCOURAGED TO PARTICIPATE ALONGSIDE THEIR STUDENTS.THE FOUR INNER EXPLORER PROGRAM MODELS, PRE-K-KINDERGARTEN (EXPLORING ME), ELEMENTARY SCHOOL (EXPLORING ORIGINALITY), MIDDLE SCHOOL (EXPLORING POTENTIAL) AND HIGH SCHOOL (EXPLORING RELEVANCE), ARE EACH DESIGNED FOR THE RESPECTIVE DEVELOPMENTAL STAGE TO MEET STUDENTS WHERE THEY ARE AT. ALL FOLLOW THE SAME SEQUENCE, BEGINNING WITH BREATHING AND RELAXATION EXERCISES AND GRADUALLY PROGRESS TO AWARENESS OF SENSES, THOUGHTS AND EMOTIONS, THE ENVIRONMENT, COMPASSION, AND CONNECTION TO ALL. DURING FISCAL YEAR 2023, INNER EXPLORER'S WORLDWIDE ONLINE PLATFORM, AVAILABLE IN ENGLISH AND SPANISH, SERVED 3,300 SCHOOLS, PRIMARILY IN THE US, RESULTING IN 2,500,000 STUDENTS RECEIVING CRITICAL MINDFULNESS AND PROGRAMMING TO SUPPORT THEIR SUCCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Bakosh Co-Founder | OfficerTrustee | 40 | $160,192 |
Janice Houlihan Co-Founder | OfficerTrustee | 40 | $138,265 |
Samantha Allison Director | Trustee | 1 | $0 |
Sherita T Ceasar Chair | OfficerTrustee | 1 | $0 |
Todd Cassler Director | Trustee | 1 | $0 |
Michael Pruell Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
1gen It & Platform Development | 6/29/19 | $212,000 |
Certus Management Consultants Llc It & Platform Development | 6/29/19 | $184,292 |
Paul Gurinder Singh It & Platform Development | 6/29/19 | $146,616 |
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 | $1,580,817 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,580,817 |
| Total Program Service Revenue | $1,651,908 |
| Investment income | $7,895 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,240,905 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $476,848 |
| Compensation of current officers, directors, key employees. | $11,346 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $555,947 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $156,121 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $389,704 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $250,285 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $538,085 |
| Insurance | $21,932 |
| All other expenses | $590 |
| Total functional expenses | $2,415,345 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $623,466 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $988,466 |
| Accounts receivable, net | $48,221 |
| 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 | $38,104 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $962,166 |
| Other assets | $13,065 |
| Total assets | $2,673,488 |
| Accounts payable and accrued expenses | $138,611 |
| Grants payable | $0 |
| Deferred revenue | $226,111 |
| 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 | $13,065 |
| Total liabilities | $377,787 |
| Net assets without donor restrictions | $1,296,381 |
| Net assets with donor restrictions | $999,320 |
| 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 | $2,673,488 |