The information for Gurdjieff Foundation Of California Los Angeles Branch is as of the organization's most recent filing in April '22. This organization is located in North Hollywood, CA. It has been in existence for 36 years, following its founding in 1986.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Gurdjieff Foundation Of California Los Angeles Branch's NTEE code is A70. The "A" tells us that the organization is classified along with Arts, Culture & Humanities. The "70" tells us that the organization is focused on promoting the study, teaching, or appreciation of the humanities. The NTEE describes these organizations as those that engage in activities related to archaeology, art history, history, modern and classical languages, philosophy and ethics, and theology and comparative religion.
Every organization is also governed by a specific section of the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.
Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of the Gurdjieff Foundation Of California Los Angeles Branch is the creation of conditions for the study of the ideas and teachings of G.I. Gurdjieff with the aim of bringing these teachings to life in the everyday existence of people.
Program Area 1: The organization focuses on creating conditions for the study of the ideas and teachings of G.I. Gurdjieff, with the aim of bringing these teachings to life in the everyday existence of people. This program area encompasses activities and initiatives that are not specifically reported by another fund or program. At the end of the fiscal year, there were approximately 175 participants in the organization's programs.
Program Area 2: The organization engages in the exchange of ideas with groups in the USA and abroad who are also involved in the same studies.
The Gurdjieff Foundation Of California Los Angeles Branch appears to be governed fairly well based on the information provided. The organization has three voting members, all of whom are independent, indicating a level of impartiality in decision-making. Additionally, the fact that potential conflicts of interest exist suggests that the organization is aware of the importance of transparency and accountability. The documentation of both board and committee meetings further demonstrates a commitment to proper governance practices. By keeping records of these meetings, the organization is ensuring that important discussions and decisions are recorded for future reference. However, there are some areas where the organization could improve its governance practices. The lack of a conflict of interest policy and the absence of requirements for disclosure of conflicts may leave room for potential conflicts to go unaddressed. Similarly, the absence of a written whistleblower policy and document retention policy may hinder the organization's ability to handle internal issues effectively and maintain important records. Overall, while the Gurdjieff Foundation Of California Los Angeles Branch shows some positive signs of good governance, there are areas where it could benefit from implementing additional policies and procedures to enhance transparency, accountability, and overall effectiveness.
The Gurdjieff Foundation Of California Los Angeles Branch has experienced a decrease in contributions and grants received from $163.1K in 2015 to $101.9K in 2021. However, there has been an increase in investment income from $7 in 2015 to $42 in 2021. The total revenue has decreased from $163.1K in 2015 to $102.0K in 2021, and the total expenses have also decreased from $157.3K in 2015 to $126.3K in 2021. Overall, based on the given data, it appears that the nonprofit organization has experienced a decline in its financial growth over the given time period.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sarah Sandor Secretary | OfficerTrustee | 16 | $0 |
Peter Stathis Treasurer | OfficerTrustee | 0 | $0 |
Barbara Ryan Director | OfficerTrustee | 16 | $0 |
Richard Sandor President | OfficerTrustee | 16 | $0 |
Mitchell Ryan Director | Trustee | 0 | $0 |
Daniel Connolly Director | Trustee | 0 | $0 |
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 | $101,938 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $101,938 |
Total Program Service Revenue | $0 |
Investment income | $42 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
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 | $101,980 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $750 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $81,350 |
Travel | $1,768 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $25,797 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $126,349 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $35,325 |
Savings and temporary cash investments | $83,208 |
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 | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,582,858 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $17,173 |
Other assets | $601 |
Total assets | $1,719,165 |
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 | $853,971 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $853,971 |
Net assets without donor restrictions | $865,194 |
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 | $1,719,165 |
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