Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 13-1832805

SCHOOL FOR ESOTERIC STUDIES INC

Tax-exempt · ASHEVILLE, NC 28806

Financials

$88K$107K2023$151K$108K2024
Revenue Expenses · by fiscal year end
Financials of SCHOOL FOR ESOTERIC STUDIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$150,630$107,823$42,807$1,420,931$5,831$1,415,100
December 31, 2023990$88,319$107,159-$18,840$1,316,716$208$1,316,508
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$84,660
Program service revenue
$0
Investment income
$65,970
Net gain from sales of assets
$31,950
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$30,090
Other salaries and wages
$44,104
Salaries, compensation and benefits (total)
$79,870
Professional fundraising fees
$0
Accounting fees
$1,790
Occupancy
$9,479
Program services (functional)
$71,782
Management and general (functional)
$33,442
Fundraising (functional)
$2,599

Balance sheet and other

Total assets, start of year
$1,316,716
Total assets, end of year
$1,420,931
Total liabilities, end of year
$5,831
Net assets, end of year
$1,415,100
Publicly traded securities
$1,409,470
Net assets without donor restrictions
$1,415,100
Gross receipts
$150,630
Employees
2
Volunteers
10
Year formed
1956
State of legal domicile
NC

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Gail JolleyExecutive Director
Trustee or director, Officer
32$30,090
Miguel MalagrecaOutreach
Trustee or director
30$10,000
Allison FirstInterim ED - December 2024
Officer
32$0
Jane ShawTreasurer
Trustee or director, Officer
10$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Gail JolleyExecutive Director
Trustee or director, Officer
32$30,090
Miguel MalagrecaOutreach
Trustee or director
30$10,000
Al ChristensenVice-President
Trustee or director, Officer
5$0
Jane ShawTreasurer
Trustee or director, Officer
10$0

Address and contacts

Address (IRS master file)
899 HAYWOOD RD STE B, ASHEVILLE, NC 28806-3163
Principal officer (990 for 2024)
Allison First, 899 Haywood Rd Ste B, Asheville, NC 28806
Signed the 990
Allison First, Executive Director
Phone
(828) 225-4272
Return prepared by
CORLISS & SOLOMON PLLC

Mission

To train people in the Ageless Wisdom teachings and practice.

990 for the year ended December 31, 2024

Program accomplishments

  • Education: We provide lesson materials and instruction for correspondence courses in the Ageless Wisdom for 306 members, which includes 19 new students. We received 128 application requests to the School.
    Expenses $71,782
  • Public Awareness Outreach: We produced 12 monthly group letters in three languages (English, Spanish, Italian) that are circulated among our membership and others within the spiritual community. We also sent out two free Newsletters in 2024, which were distributed to the entire School membership and also upon request. In 2024 these newsletters were sent to 1,921 members and subscribers. We translated materials into other languages to reach a wider audience and to serve our membership. Our Facebook page reached 5,100 followers. Our Instagram page had 241 followers and we put up 60 posts in 2024. We created three new videos on YouTube, which now has 28 videos, 627 subscribers, and had 27,592 views in 2024. We posted two new articles and one new booklet on our website - in three languages. We continued to maintain and update our website with relevant information in three languages. In 2024 we responded to 88 miscellaneous requests from the public and sent out bookmarks, booklets, leaflets and brochures about the School in three languages. We continued to provide materials in three languages for those interested in participating in our Cleansing Initiative; 96 individuals are currently taking part in this. We also created a new initiative on Climate Cleansing and Renewal and invited members and interested parties to join us in this. We provided a free monthly conference in Turin, Italy, and also participated in a variety of collaborative initiatives with other spiritual groups.
  • Student Service: 449 members receive our yearly conference set; this is a document composed of study excerpts on a particular subject, three conference talks and a conference report. 63 students received lesson sets and individual commentaries on their work in three languages. We continue to update and translate lesson materials for students, in three languages. We maintain a lending library for School members who reside in the US.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-1832805
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1958
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99Z)
Assets (IRS master file)
$1,420,931
Income (IRS master file)
$150,630

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$150,630$107,823$1,420,931XML
990December 2023$88,319$107,159$1,316,716XML
990December 2022$107,302$108,913$1,217,849IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 13-1832805).

Questions about SCHOOL FOR ESOTERIC STUDIES INC

What is the EIN of SCHOOL FOR ESOTERIC STUDIES INC?
The employer identification number (EIN) of SCHOOL FOR ESOTERIC STUDIES INC is 13-1832805.
Is SCHOOL FOR ESOTERIC STUDIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1958.
Are donations to SCHOOL FOR ESOTERIC STUDIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SCHOOL FOR ESOTERIC STUDIES INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SCHOOL FOR ESOTERIC STUDIES INC 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 SCHOOL FOR ESOTERIC STUDIES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SCHOOL FOR ESOTERIC STUDIES INC?
The 990 for the year ended December 31, 2024 names Allison First.
Who are the officers and directors of SCHOOL FOR ESOTERIC STUDIES INC?
The 990 for the year ended December 31, 2024 lists 4 people; 2 received compensation from the organization, the highest $30,090 (Gail Jolley, Executive Director).
How much revenue does SCHOOL FOR ESOTERIC STUDIES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $150,630, expenses of $107,823 and total assets of $1,420,931 at year end.

Other nonprofits in ASHEVILLE

All nonprofits in ASHEVILLE · North Carolina · Education