Middle Way Initiative Inc
- Assets
- $72.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wheeling, WV
- Founding
- Data as of
- 12/2023
- EIN
- 84-4885510
Organization Overview
Middle Way Initiative Inc is located in Wheeling, WV. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Middle Way 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 12/2023, Middle Way Initiative Inc generated $86.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $63.3k during the year ending 12/2023. While expenses have increased by 5.9% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION (AKA: MWI) EDUCATES THROUGH MEDITATION RETREATS, DIALOGUE, AND CREATIVE EXPRESSION. MWI IS ACTIVELY COMMITTED TO BRINGING THE MIDDLE WAY TRADITION INTO THE WORLD IN A BROADER WAY. IN 2023, MWI PRODUCED AND DISTRIBUTED PODCASTS, PRODUCED WEBINARS TO WORLDWIDE AUDIENCES, PRODUCED TEACHING AND MEDITATION RETREATS, AND COLLABORATED WITH OTHER BUDDHIST ORGANIZATIONS FOR VARIOUS PRESENTATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Mattis Namgyel President | 5 | $12,100 | |
Jampal Namgyel Vice President | 5 | $0 | |
Dianna Mcintosh Treasurer | 5 | $0 | |
Katherine Teahen Director | 1 | $0 | |
Milton Buddy Frank Director | 1 | $0 | |
Cerys Tramontini Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,788 |
| Total Program Service Revenue | $29,352 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $149 |
| Total Revenue | $86,289 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,542 |
| Professional fees and other payments to independent contractors | $11,300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $638 |
| Other expenses | $31,840 |
| Total expenses | $63,320 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,875 |
| Other assets | $0 |
| Total assets | $72,875 |
| Total liabilities | $0 |
| Net assets or fund balances | $72,875 |