Spiritual Life Institute Of America Incorporated
- Assets
- $1.6m
- Revenue
- $10.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Crestone, CO
- Founding
- 09/1984
- Data as of
- 12/2022
- EIN
- 74-2330227
Organization Overview
Spiritual Life Institute Of America Incorporated is located in Crestone, CO. The organization was established in 1984. 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 12/2022, Spiritual Life Institute Of America Incorporated employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spiritual Life Institute Of America Incorporated 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, Spiritual Life Institute Of America Incorporated generated $10.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (28.0%) each year. All expenses for the organization totaled $118.2k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE PROMOTE CHRISTIAN CONTEMPLATIVE PRAYER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONASTERY WITH ROMAN CATHOLIC PRIEST AND 1 FULL TIME CHRISITAN CONTEMPLATIVE IN RESIDENCE. WE COMPLETED OUR TRANSITION FROM WIDERNESS RETREAT CENTER TO ROMAN CATHOLIC MISSION PARISH WE HOLD WEEKLY MASSES FOR CATHOLICS AND OTHERS WISHING TO ATTEND AS THE CLOSEST CATHOLIC CHURCH IS 35 MILES AWAY. ABOUT 50 PEOPLE REGULARLY ATTEND OUR SUNDAY MASSES. STARTING THIS PAST YEAR WE BEGAN COVERING MASSES FOR CATHOLIC CHURCHES WITHOUT PRIESTS IN THE SAN LUIS VALLEY IN COLORADO, AND PREACHING PARISH RETREATS.
OVER 50% OF OUR TIME IS SPENT IN SILENCE AND SOLITUDE AS HERMITS. WE CONDUCT PRAYER SERVICES AND FUNERALS AND BAPTISMS WHICH ARE OPEN TO THE PUBLIC.
WE PRACTICE CONTEMPLATIVE PRAYER IN THE CONTEXT OF A CHRISTIAN HERMITAGE. THE LARGER LOCAL COMMUNITY MAY JOIN US FOR ANY PUBLIC PRAYER SERVICES IN ADDITION TO WEEKLY MASS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cecilia Mcgowan President | OfficerTrustee | 10 | $0 |
Patricia Mcgowan Director | Trustee | 2 | $0 |
Thomas Crutcher Treasurer | Trustee | 15 | $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 | $7,275 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,275 |
| Total Program Service Revenue | $1,701 |
| Investment income | $635 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,100 |
| 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 | $10,711 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $68,290 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,792 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,242 |
| 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 | $9,982 |
| Advertising and promotion | $43 |
| Office expenses | $42 |
| Information technology | $2,254 |
| Royalties | $0 |
| Occupancy | $7,212 |
| Travel | $754 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $29 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,572 |
| All other expenses | $0 |
| Total functional expenses | $118,212 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $1,485,752 |
| 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 | $97,615 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,583,467 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| 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 | $1,583,467 |
| Total liabilities and net assets/fund balances | $1,583,467 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Spiritual Life Institute Of America Incorporated has recieved totaling $27,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $9,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $9,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $9,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Regional West Physicians Clinic Scottsbluff, NE | $19,988,979 | $77,287,786 |
New Life Worship Ministries Inc Scottsdale, AZ | $1,015,217 | $4,541,172 |
Southern Oklahoma Memorial Foundation Inc Ardmore, OK | $106,106,910 | $11,493,167 |
Catholic Social Services Lincoln, NE | $3,827,317 | $5,568,585 |
Promise Keepers Colorado Springs, CO | $314,391 | $4,644,365 |
Mesa Valley Community School Grand Junction, CO | $4,974,586 | $4,247,839 |
Back To The Bible Lincoln, NE | $5,584,724 | $3,983,560 |
Tao Fellowship Sedona, AZ | $19,067,372 | $2,706,388 |
Emissaries Of Divine Light Loveland, CO | $13,649,759 | $2,104,017 |
Marian Park Inc Denver, CO | $5,363,170 | $3,104,809 |
Rocky Mountain Youth Corps Ranchos De Taos, NM | $2,570,057 | $3,220,479 |
Chiniligi Alchini Idahoolaa Inc Chinle, AZ | $4,815,260 | $2,616,117 |