2025-07-15T13:16:09-07:00 2024-08-31 Gary S Eisenkraft CPA 271 Madison Avenue Suite 602 New York NY 10016 990 2023-09-01 842853988 SAPIENTIA INITIATIVE INC SAPI 9176393425 115 WEST 27TH STREET NEW YORK NY 10001 NANETTE WALSH Executive Dir. 2025-07-15 true true Gary S Eisenkraft CPA P00055181 2126892655 X 2023 2025-03-06 01:10:19Z NANETTE WALSH 115 WEST 27TH STREET NEW YORK NY 10001 346780 false X HTTPS://SAPIENTIAINITIATIVE.ORG X 2019 DE "SAPIENTIA INITIATIVE'S MISSION IS TO INCREASE AWARENESS OF, AND ACCESS TO, THE ALEXANDER TECHNIQUE FOR ALL. THE ALEXANDER TECHNIQUE IS A WELL-ESTABLISHED EDUCATIONAL METHOD AND SOMATIC PRACTICE THAT RELEASES PATTERNS OF CHRONIC PAIN AND TENSION THAT HAVE HABITUALLY BECOME A FIXED PART OF HOW A PERSON THINKS, MOVES, BREATHES, AND ACTS IN THE WORLD. THE TECHNIQUE WORKS WITH THE MUSCULOSKELETAL AND RESPIRATORY SYSTEMS IN CONNECTION WITH COGNITIVE PROCESSES TO HELP RELIEVE CHRONIC PAIN, REDUCE STRESS, AND IMPROVE POSTURE, COORDINATION, AND BREATHING. IT IS USED BY MANY PERFORMERS FOR GREATER EASE AND ACCURACY OF MOVEMENT." 4 3 3 12 0 382935 203169 153540 142411 783 182 15 -37 537273 345725 0 0 152400 163457 2610 0 42678 258832 304436 413842 467893 123431 -122168 585601 351209 175696 63472 409905 287737 "SAPIENTIA INITIATIVE'S MISSION IS TO INCREASE AWARENESS OF, AND ACCESS TO, THE ALEXANDER TECHNIQUE FOR ALL. THE ALEXANDER TECHNIQUE IS A WELL-ESTABLISHED EDUCATIONAL METHOD AND SOMATIC PRACTICE THAT RELEASES PATTERNS OF CHRONIC PAIN AND TENSION THAT HAVE HABITUALLY BECOME A FIXED PART OF HOW A PERSON THINKS, MOVES, BREATHES, AND ACTS IN THE WORLD. THE TECHNIQUE WORKS WITH THE MUSCULOSKELETAL AND RESPIRATORY SYSTEMS IN CONNECTION WITH COGNITIVE PROCESSES TO HELP RELIEVE CHRONIC PAIN, REDUCE STRESS, AND IMPROVE POSTURE, COORDINATION, AND BREATHING. IT IS USED BY MANY PERFORMERS FOR GREATER EASE AND ACCURACY OF MOVEMENT." false false 257358 124705 NATIONALLY CERTIFIED TEACHER TRAINING PROGRAM (1,600 HOURS COMPLETED INA MINIMUM OF 3 YEARS, WITH A 5-TO-1 STUDENT TEACHER RATIO). THEORGANIZATION'S TEACHER TRAINING COURSE CONTINUED TO DEVELOP, NURTURE,AND OFFER TEACHING OF THE HIGHEST STANDARDS ACCORDING TO THE PRINCIPLESOF F.M. ALEXANDER. IT PROVIDED FINANCIAL ASSISTANCE TO STUDENTS INNEED, AND SUCCESSFULLY GRADUATED SIX NEW TEACHERS FOR NATIONALCERTIFICATION. 110607 17706 ALEXANDER TECHNIQUE (AT) FACILITATION, EXPANSION, AND OUTREACH.SAPIENTIA CONTINUED TO SERVE AS A SUSTAINABLE AND EXPANDING LEARNING COMMUNITY FOR THOSE SEEKING PERSONAL GROWTH, HEALTH AND WELL-BEING THROUGH THE AT. TO THIS END, SAPIENTIA'S COMMUNITY OUTREACH PROGRAM "AT FOR ALL" PROVIDED DISCOUNTED AND NO-COST PRIVATE LESSONS TO THOSE WHO WOULD NOT HAVE OTHERWISE HAD THE OPPORTUNITY TO STUDY. WE OFFERED SEASONAL HYBRID AND IN-PERSON GROUP CLASSES FOR THE GENERAL PUBLIC, AND CONTINUED LEARNING FOR TEACHERS, VIA "SAPIENTIA SERIES". TO FACILITATE PRIVATE AT LESSONS, THE CENTER'S FULLY-EQUIPPED ROOMS WERE OFFERED FREE TO STUDENTS TRAINING TO BE TEACHERS, AND AT BELOW-MARKET RATES FOR TEACHERS AND FACULTY. FINALLY, AN UPSTATE LAND ASSET WAS MAINTAINED AS A POTENTIAL SITE FOR FUTURE RESIDENTIAL COURSES OUTSIDE OF THE CITY. 367965 true true false false false false false false false false true false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 20 0 true 3 true false false false false true true true true false 0 false false false false false false false X 4 3 false false false false false false false true true false false true true true true true true true false false NY X X RICHARD DORMAN 9176782913 115 WEST 27TH STREET NEW YORK NY 10001 NANETTE WALSH Executive Dir. 40.00 0.00 X X 72681 0 0 KELLEN KIELY CHAIR AND TREAS 1.00 0.00 X X 0 0 0 KARLA BOOTH DIAMOND Treasurer 1.00 0.00 X X 0 0 0 ALBERT GLOWASKY Director 1.00 0.00 X 0 0 0 LIBBY SCHMAIS Director 1.00 0.00 X 0 0 0 72681 0 false false false 0 1550 201619 203169 142411 182 182 0 0 0 0 550 1550 1055 -505 0 0 BOOK SALES 468 468 468 345725 142879 182 0 0 0 0 72500 60175 5075 7250 0 73000 60590 5110 7300 0 0 17957 14904 1257 1796 0 4880 4880 12588 12588 0 0 0 8880 7370 622 888 48716 40434 3410 4872 9368 7775 656 937 0 0 0 2727 2263 191 273 0 0 0 0 4997 4997 9169 9169 Lease Expense 113305 94043 7931 11331 PROGRAM SERVICE EXPENSE 56412 47697 4023 4692 FUNDRAISING EXPENSES 15188 12606 1063 1519 FACILITY 14310 11878 1002 1430 3896 3233 273 390 467893 367965 57250 42678 49051 161165 249103 0 0 10248 21782 0 0 0 0 9998 93997 21452 77542 72545 0 0 0 0 199657 85719 585601 351209 5389 6500 350 7618 169957 49354 175696 63472 X 409905 287737 409905 287737 585601 351209 -122168 X true X false false false X 351365 90400 401588 385935 203169 1432457 92569 147737 130871 153540 142411 667128 0 0 0 443934 238137 532459 539475 345580 2099585 0 0 2099585 783 182 965 0 783 182 965 0 0 443934 238137 532459 540258 345762 2100550 X 0.00000 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 68488 68488 23232 20186 3046 2277 1266 1011 72545 right of use asset - operating lease 56019 SECURITY DEPOSIT 29700 85719 Operating lease liability 49354 49354 Form 990, Part VI, Section B, Line 11b SAPIENTIA INITIATIVE, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Section B, Line 12c THE PURPOSE OF THE CONFLICT OF INTEREST POLICY IS TO PROTECT THE SAPIENTIA INITIATIVE, INC.'S (THE ORGANIZATION") INTEREST WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OF THE ORGANIZATION (OR OTHER PERSON LISTED ON THE POLICY) OR MIGHT RESULT IN A POSSIBLE EXCESS BENEFIT OR SELF-DEALING TRANSACTION. THE CONFLICT OF INTEREST POLICY IS INTENDED TO SUPPLEMENT BUT NOT REPLACE ANY APPLICABLE STATE AND FEDERAL LAWS GOVERNING CONFLICT OF INTEREST APPLICABLE TO NONPROFIT AND CHARITABLE ORGANIZATIONS. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/ SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. Form 990, Part VI, Section B, Line 15a PRIOR TO FORMULATING AND APPROVING THE FISCAL YEAR-END 8/31/2023 COMPENSATION FOR THE EXECUTIVE DIRECTOR, NANETTE WALSH, SAPIENTIA INITIATIVE'S BOARD CONDUCTED AN IN-DEPTH REVIEW OF THE MARKET RATE FOR SIMILAR EXECUTIVE DIRECTOR POSITIONS IN THE NYC/METRO AREA. COMMUNICATION REGARDING THIS RESEARCH WAS VIA EMAIL AND PHONE CONVERSATIONS WITHOUT THE INVOLVEMENT OF MS. WALSH. BOARD MEMBERS, EXCLUDING MS. WALSH, UNANIMOUSLY APPROVED HER SALARY IN SEPTEMBER 2021. Form 990, Part VI, Section C, Line 19 "FORM 990, PART VI, SECTION C, LINE 19:THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE FOR PUBLICINSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THERETURN IS ALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES.IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY,ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTENREQUEST."