National Center For Homoeopathy
- Assets
- $2.0m
- Revenue
- $638.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Clarksburg, MD
- Founding
- 09/1975
- Data as of
- 12/2023
- EIN
- 54-0979010
Organization Overview
National Center For Homoeopathy is located in Clarksburg, MD. The organization was established in 1975. According to its NTEE Classification (G99) the organization is classified as: Voluntary Health Associations & Medical Disciplines N.E.C., under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2023, National Center For Homoeopathy employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Center For Homoeopathy 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 12/2023, National Center For Homoeopathy generated $638.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $897.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES EDUCATION AND BUILDS AWARENESS WHILE ADVOCATING FOR HOMEOPATHY AS A SYSTEM OF MEDICINE.
Describe the Organization's Program Activity:
ANNUAL CONFERENCE:THIS UNIQUE EVENT BRINGS TOGETHER ALL FACETS OF THE HOMEOPATHY COMMUNITY IN THE US AND WELCOMES MANY PROMINENT MEMBERS OF THE INTERNATIONAL HOMEOPATHY COMMUNITY AS WELL. ATTENDEES ARE EXPOSED TO SOME OF THE WORLD'S MOST RENOWNED HOMEOPATHY EXPERTS AND RESEARCHERS, AND EDUCATIONAL SESSIONS INCLUDE CLASSICAL HOMEOPATHIC TEACHINGS, AS WELL AS EMERGING TECHNIQUES AND THEORIES IN THE FIELD. THE CONFERENCE IS HELD ANNUALLY AND IS OPEN TO THE PUBLIC.
HOMEOPATHY TODAY MAGAZINE:HOMEOPATHY TODAY IS NCH'S HIGHLY ACCLAIMED MAGAZINE. THE MAGAZINE IS A GREAT TOOL TO HELP READERS CONTINUE THEIR HOMEOPATHY EDUCATION AND LEARN FROM OTHERS IN THE FIELD. THE MAGAZINE IS PUBLISHED AND DISTRIBUTED TO MEMBERS QUARTERLY AND CONTAINS ARTICLES AND BOOK REVIEWS CONCERNING HOMEOPATHY.
OTHER PROGRAMS:MEMBERS OF NCH HAVE ACCESS TO A SPECTRUM OF HOMEOPATHY INFORMATION AND EDUCATIONAL MATERIALS, FROM BASIC INFORMATION ABOUT HOW TO USE HOMEOPATHY AT HOME, TO THE LATEST IN HOMEOPATHIC RESEARCH, TO IN-DEPTH CASE STUDIES FROM SOME OF THE MOST WELL-KNOWN NAMES IN HOMEOPATHY TODAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauri Grossman President | OfficerTrustee | 3 | $0 |
Lynn Wagner Treasurer | OfficerTrustee | 3 | $0 |
Margery Stearns Secretary | OfficerTrustee | 3 | $0 |
Tina Quirk Past President | Trustee | 3 | $0 |
Marco Spiezia Director | Trustee | 3 | $0 |
Fabrice Figliolini Director | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Association Headquarters Inc Management Services | 12/30/17 | $194,571 |
The Coulter Companies Mci Usa Management Services | 12/30/17 | $316,843 |
The Coulter Companies Mci Usa Management Services | 12/30/17 | $316,843 |
Association Headquarters Inc Management Services | 12/30/17 | $194,571 |
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 | $211,879 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $211,879 |
| Total Program Service Revenue | $361,452 |
| Investment income | $52,143 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $12,770 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $638,244 |
| 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. | $128,013 |
| Compensation of current officers, directors, key employees. | $66,567 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $98,415 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,867 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,912 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,418 |
| Fees for services: Other | $304,873 |
| Advertising and promotion | $0 |
| Office expenses | $44,587 |
| Information technology | $32,375 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $21,880 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $137,646 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,500 |
| All other expenses | $0 |
| Total functional expenses | $897,433 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $307,987 |
| Savings and temporary cash investments | $108,177 |
| Pledges and grants receivable | $21,883 |
| 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 | $89,667 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,501,013 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,028,727 |
| Accounts payable and accrued expenses | $18,376 |
| Grants payable | $0 |
| Deferred revenue | $131,514 |
| 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 | $149,890 |
| Net assets without donor restrictions | $1,272,157 |
| Net assets with donor restrictions | $606,680 |
| 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 | $2,028,727 |