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Nonprofit · EIN 04-3313698

INSTITUTE FOR MEDITATION & PSYCHOTHERAPY

Tax-exempt · BELMONT, MA 02478

Financials

$166K$173K2023$40K$147K2024
Revenue Expenses · by fiscal year end
Financials of INSTITUTE FOR MEDITATION & PSYCHOTHERAPY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$39,843$146,758-$106,915$138,356–$138,356
December 31, 2023990-EZ$166,388$173,127-$6,739$247,483–$247,483
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$6,264
Membership dues
$7,457
Program service revenue
$26,103
Investment income
$19

Expenses

Compensation of officers, directors and key employees
$114,603
Salaries, compensation and benefits (total)
$109,997
Professional fees and payments to contractors
$18,496
Printing, publications and postage
$720
Other expenses
$17,545
Program services (functional)
$138,561

Balance sheet and other

Total assets, start of year
$245,271
Total assets, end of year
$138,356
Total liabilities, end of year
–
Net assets, end of year
$138,356
Cash, savings and investments
$133,947
Gross receipts
$39,843

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
PAUL FULTONBOARD MEMBER25$41,703
SUSAN FAIRCHILDBOARD MEMBER11$17,000
SEAN WITTYBOARD MEMBER10$13,476
JORGE ARMESTOBOARD MEMBER8$12,000
WILLIAM MORGANCONSULTANT5$6,500
CHARLES STYRONBOARD MEMBER3$6,500
SUSAN MORGANCONSULTANT5$6,500
HUMANIZED COMMUNICATIONSCONSULTANT2$4,824
APRIL JONESCONSULTANT3$4,300
SANDRA LEE CHEWCONSULTANT8$1,200
RON SIEGELBOARD MEMBER1$600
990-EZ for the year ended December 31, 2023: 20 people
NameTitleHours / weekCompensation
Susan FairchildBoard Member20$40,000
Paul FultonBoard Member20$13,532
Sandra L ChewContract Employee4$12,000
Jorge ArmestoBoard Member4$12,000
Cambridge Health AllianceContract Employee4$9,360
Sean WittyContract Employee4$7,678
Susan MorganContract Employee3$6,500
William MorganContract Employee3$6,500
Charles StyronTreasurer4$5,000
Andrew OlendzkiBoard Member2$4,000
Humanized CommunicationsContract Employee2$2,408
April JonesContract Employee2$2,000
Fabiola GiraldoContract Employee1.5$2,000
D M BurtonContract Employee3$800
Ron SiegelSecretary1.5$600
Douglas BakerPresident2$0
Trudy GoodmanBoard Member0.5$0
Chris WillardBoard Member0.5$0
Laura WarrenBoard Member0.5$0
Sara LazarBoard Member0.5$0

Address and contacts

Address (IRS master file)
35 WAVERLEY ST, BELMONT, MA 02478-1958
In care of
% CHARLES W STYRON
Signed the 990-EZ
CHARLES STYRON, TREASURER
Phone
(617) 489-3796
Return prepared by
HRB TAX GROUP INC

Mission

EDUCATION AND TRAINING OF MENTAL HEALTH PROFESSIONALS

990-EZ for the year ended December 31, 2024

Program accomplishments

  • 28: 2023-24 REMOTE CERTIFICATE COURSE FOR THE INTEGRATION OF MINDFULNESS AND PSYCHOTHERAPY FOR 37 STUDENTS $109,347 29: ADMINISTRATIVE EXPENSES FOR ORGANIZATION, PRESENTATIONS, MEMBERSHIP EVENTS FOR GENERAL PUBLIC AND MEMBERSHIP $19,026 30: WEBSITE DEVELOPMENT AND MAINTENANCE $6,824 31: OTHER PROGRAM SERVICES $3,364
    Expenses $138,561

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
04-3313698
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B99)
Assets (IRS master file)
$138,356
Income (IRS master file)
$39,843

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$39,843$146,758$138,356XML
990-EZDecember 2023$166,388$173,127$247,483XML
990-EZDecember 2022–––IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3313698).

Questions about INSTITUTE FOR MEDITATION & PSYCHOTHERAPY

What is the EIN of INSTITUTE FOR MEDITATION & PSYCHOTHERAPY?
The employer identification number (EIN) of INSTITUTE FOR MEDITATION & PSYCHOTHERAPY is 04-3313698.
Is INSTITUTE FOR MEDITATION & PSYCHOTHERAPY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to INSTITUTE FOR MEDITATION & PSYCHOTHERAPY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INSTITUTE FOR MEDITATION & PSYCHOTHERAPY file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of INSTITUTE FOR MEDITATION & PSYCHOTHERAPY due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INSTITUTE FOR MEDITATION & PSYCHOTHERAPY last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of INSTITUTE FOR MEDITATION & PSYCHOTHERAPY?
The 990-EZ for the year ended December 31, 2024 lists 11 people; 11 received compensation from the organization, the highest $41,703 (PAUL FULTON, BOARD MEMBER).
How much revenue does INSTITUTE FOR MEDITATION & PSYCHOTHERAPY have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $39,843, expenses of $146,758 and total assets of $138,356 at year end.

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