Sapientia Initiative Inc
- Assets
- $206.4k
- Revenue
- $241.5k
- Investments
- $0.0
- Employees
- 1
- Location
- New York, NY
- Founding
- Data as of
- 08/2021
- EIN
- 84-2853988
Organization Overview
Sapientia Initiative Inc is located in New York, NY. According to its NTEE Classification (F80) the organization is classified as: Mental Health Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sapientia Initiative 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 08/2021, Sapientia Initiative Inc generated $241.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (26.8%) each year. All expenses for the organization totaled $368.0k during the year ending 08/2021. 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
TO INCREASE AWARENESS OF, AND ACCESS TO THE ALEXANDER TECHNIQUE; THAT IS, TO HELP PEOPLE LEARN TO THINK, FEEL, BREATHE, MOVE AND PERFORM BETTER IN EVERYTHING THEY DO. TO THIS END, IN SEPTEMBER 2020, THE ORGANIZATION OPENED A NEW CENTER IN NEW YORK CITY, WHERE IT PROVIDED SAFE LEARNING OPPORTUNITIES IN THE ALEXANDER TECHNIQUE. IT ENACTED EFFECTIVE HYGIENE PROTOCOL, AND REMAINED OPEN THROUGHOUT THE YEAR, WITHOUT A SINGLE CASE OF CONTACT SPREAD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE OTHE ORGANIZATION SERVED AS A SUSTAINABLE AND EXPANDING LEARNING COMMUNITY FOR THOSE SEEKING PERSONAL GROWTH, HEALTH AND WELL-BEING THROUGH THE ALEXANDER TECHNIQUE. THE ORGANIZATION SOUGHT TO DEVELOP, NURTURE, AND OFFER TEACHING OF THE HIGHEST STANDARDS, ACCORDING TO THE PRINCIPLES OF F.M. ALEXANDER. TO THIS END, IN SEPTEMBER 2020, THE ORGANIZATION OPENED A NEW CENTER IN NEW YORK CITY. IT PROVIDED SAFE LEARNING OPPORTUNITIES TO INDIVIDUALS IN ONE-ON-ONE AND/OR GROUP SESSIONS IN THE ALEXANDER TECHNIQUE. IT REMAINED OPEN THROUGHOUT THE YEAR. THIS WAS ONE OF - PERHAPS THE ONLY - ALEXANDER CENTER IN THE WORLD TO DO SO DURING THIS FIRST YEAR OF THE PANDEMIC. AT THE CENTER, THE ORGANIZATION MENTORED, TRAINED, ORGANIZED, AND MAINTAINED A COMMUNITY OF EXPERTS REGARDING THE TEACHING OF THE PRINCIPLES OF F.M. ALEXANDER WITHIN THE STYLE, FRAMEWORK AND VISION OF THE INITIATIVE. BY REMAINING OPEN, IT KEPT MANY ALEXANDER TEACHERS IN NYC WORKING, THE GENERAL PUBLIC LEARNING (VIA IN-PERSON AND HYBRID OFFERINGS), AND RENTAL SPACE AVAILABLE FOR SAFE IN-PERSON EVENTS DURING THIS EXTRAORDINARY TIME. IN ADDITION, THE ORGANIZATION HOSTED ITS COMMUNITY OUTREACH PROGRAM PROVIDING THE OPPORTUNITY FOR UNDERSERVED COMMUNITIES TO EXPERIENCE AND BENEFIT FROM THE TECHNIQUE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nanette Walsh Executive Director And Secretary | OfficerTrustee | 40 | $61,263 |
Joseph Esposito Chair | OfficerTrustee | 1 | $0 |
Albert Glowasky Chair, Thru 10/19/20; Director | OfficerTrustee | 1 | $0 |
Kelleen Kiely Treasurer | OfficerTrustee | 1 | $0 |
Ritu Kalra Treasurer, Thru 10/19/20 | OfficerTrustee | 1 | $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 | $90,400 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,400 |
| Total Program Service Revenue | $146,939 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,335 |
| 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 | $798 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $241,472 |
| 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. | $55,000 |
| Compensation of current officers, directors, key employees. | $9,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,351 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,972 |
| Fees for services: Accounting | $21,481 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $110,078 |
| Advertising and promotion | $0 |
| Office expenses | $17,295 |
| Information technology | $17,824 |
| Royalties | $0 |
| Occupancy | $118,288 |
| Travel | $7,990 |
| 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 | $4,875 |
| Insurance | $2,833 |
| All other expenses | $2,968 |
| Total functional expenses | $367,955 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,775 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $163 |
| 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 | $0 |
| Net Land, buildings, and equipment | $86,732 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $29,700 |
| Total assets | $206,370 |
| Accounts payable and accrued expenses | $9,612 |
| 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 | $28,582 |
| Total liabilities | $38,194 |
| Net assets without donor restrictions | $168,176 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $206,370 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bridgewell Incorporated Peabody, MA | $42,302,798 | $78,151,123 |
North Suffolk Mental Health Association Inc Chelsea, MA | $31,605,029 | $57,775,384 |
Clinical & Support Options Inc Northampton, MA | $31,205,983 | $46,141,493 |
Rutland Mental Health Service Inc Rutland, VT | $13,045,812 | $31,690,028 |
Penn Foundation Inc Sellersville, PA | $26,556,017 | $31,596,468 |
Brien Center For Mental Health & Subtance Abuse Services Pittsfield, MA | $15,478,255 | $32,176,253 |
The Arc Of Lehigh And Northampton Counties Inc Bethlehem, PA | $12,174,366 | $20,633,866 |
Hudson Valley Care Coalition Inc Ossining, NY | $8,257,672 | $18,427,585 |
Association For Mental Health And Wellness Inc Ronkonkoma, NY | $16,761,391 | $15,531,532 |
Mental Health Connecticut Inc Farmington, CT | $4,818,185 | $15,095,005 |
Mental Health Association Of Essex And Morris Inc Montclair, NJ | $16,838,687 | $15,472,630 |
Mental Health America Of Dutchess County Inc Poughkeepsie, NY | $13,584,536 | $16,174,948 |