Middle Way Initiative Inc
- Assets
- $41.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wheeling, WV
- Founding
- Data as of
- 12/2021
- 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 12/2021, Middle Way Initiative Inc generated $102.2k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 39.7% each year . All expenses for the organization totaled $82.0k during the year ending 12/2021. While expenses have increased by 27.6% per year over the past 2 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
2021
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 2021, 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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Mattis Namgyel President | 1 | $13,000 | |
Michael Velasco Director | 1 | $12,750 | |
Jampal Namgyel Vice President | 1 | $1,000 | |
Dianna Mcintosh Treasurer | 1 | $0 | |
Milton Buddy Frank Secretary | 1 | $0 | |
Katherine Teahen Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,143 |
| Total Program Service Revenue | $21,039 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $102,182 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,750 |
| Professional fees and other payments to independent contractors | $31,750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $224 |
| Other expenses | $23,299 |
| Total expenses | $82,023 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,737 |
| Other assets | $0 |
| Total assets | $41,737 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,737 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Middle Way Initiative Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: RELIGION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Lutheran Home At Kane Kane, PA | $8,299,845 | $10,193,303 |
Joshua Fund McLean, VA | $5,014,805 | $7,059,858 |
Keycorp Empl Beneficiary Assoc Tr For Post-Retirement Medical Bene Brooklyn, OH | $26,681,464 | $4,575,931 |
Little Sisters Of The Poor Of The City And County Of Philadelphia Philadelphia, PA | $10,759,268 | $7,956,134 |
International Service Fellowship Usa Upper Darby, PA | $20,365,794 | $7,523,822 |
Society Of St Vincent De Paul Central Council Of Pittsburgh Pittsburgh, PA | $5,352,791 | $6,782,578 |
Jubilee Ministries Lebanon, PA | $10,567,390 | $8,013,168 |
Kentucky Refugee Ministries Inc Louisville, KY | $2,230,731 | $5,977,380 |
American Dairy Association Mideast Columbus, OH | $3,095,778 | $5,413,695 |
Catholic Leadership Institute Malvern, PA | $22,337,149 | $8,205,889 |
Turkish-American Community Center Inc Lanham, MD | $86,289,418 | $2,915,322 |
Chi St Joseph Childrens Health Lancaster, PA | $51,266,444 | $4,349,144 |