Nonprofit · EIN 84-2853988
SAPIENTIA INITIATIVE INC
Tax-exempt · NEW YORK, NY 10001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $359,676 | $448,338 | -$88,662 | $231,861 | $32,786 | $199,075 |
| August 31, 2024 | 990 | $345,725 | $467,893 | -$122,168 | $351,209 | $63,472 | $287,737 |
| August 31, 2023 | 990 | $537,273 | $413,842 | $123,431 | $585,601 | $175,696 | $409,905 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $212,394
- Program service revenue
- $147,457
- Investment income
- $10
- Net income from fundraising events
- -$592
- Other revenue
- -$185
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $63,977
- Other salaries and wages
- $98,249
- Salaries, compensation and benefits (total)
- $192,623
- Professional fundraising fees
- $0
- Legal fees
- $1,165
- Accounting fees
- $10,080
- Travel
- $1,960
- Depreciation
- $3,242
- Program services (functional)
- $343,987
- Management and general (functional)
- $63,240
- Fundraising (functional)
- $41,111
Balance sheet and other
- Total assets, start of year
- $351,209
- Total assets, end of year
- $231,861
- Total liabilities, end of year
- $32,786
- Net assets, end of year
- $199,075
- Land, buildings and equipment
- $69,303
- Net assets without donor restrictions
- $199,075
- Gross receipts
- $360,588
- Employees
- 3
- Volunteers
- 12
- Year formed
- 2019
- State of legal domicile
- DE
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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NANETTE WALSH | Executive Dir. Trustee or director, Officer | 40 | $75,201 | $17,662 |
| SAM MCPHERSON | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| KELLEEN KIELY | FORMER CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL SCOUT JAMES | Director Trustee or director | 1 | $0 | $0 |
| KARLA BOOTH DIAMOND | CHAIRPERSON Trustee or director | 1 | $0 | $0 |
| LIBBY SCHMAIS | Director Trustee or director | 1 | $0 | $0 |
| STEVEN BORZYKOWSKI | Director Trustee or director | 1 | $0 | $0 |
| DONNA MARTIN | Secretary Trustee or director | 1 | $0 | $0 |
990 for the year ended August 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NANETTE WALSH | Executive Dir. Trustee or director, Officer | 40 | $72,681 |
| KELLEN KIELY | CHAIR AND TREAS Trustee or director, Officer | 1 | $0 |
| KARLA BOOTH DIAMOND | Treasurer Trustee or director, Officer | 1 | $0 |
| ALBERT GLOWASKY | Director Trustee or director | 1 | $0 |
| LIBBY SCHMAIS | Director Trustee or director | 1 | $0 |
990 for the year ended August 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NANETTE WALSH | EXECUTIVE DIRECTOR AND SECRETARY Trustee or director, Officer | 40 | $76,000 |
| JOSEPH ESPOSITO | CHAIR, THRU 2/7/23 Trustee or director, Officer | 1 | $0 |
| KELLEEN KIELY | INTERIM CHAIR AND TREASURER Trustee or director, Officer | 1 | $0 |
| ALBERT GLOWASKY | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 115 W 27TH ST STE 6F, NEW YORK, NY 10001-6288
- In care of
- % KEITH KEHRER BRYAN CAVE LEIGHTON
- Principal officer (990 for 2024)
- NANETTE WALSH, 115 WEST 27TH STREET, NEW YORK, NY 10001
- Signed the 990
- NANETTE WALSH, Executive Dir.
- Phone
- (917) 639-3425
- Return prepared by
- Gary S Eisenkraft CPA
Mission
"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."
Program accomplishments
- 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.Expenses $218,399 · revenue $124,705
- 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. 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 COURSESExpenses $125,588 · revenue $5,095
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 84-2853988
- 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
- 2020
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mental health and crisis intervention (F80)
- Assets (IRS master file)
- $231,861
- Income (IRS master file)
- $360,588
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $359,676 | $448,338 | $231,861 | XML |
| 990 | August 2024 | $345,725 | $467,893 | $351,209 | XML |
| 990 | August 2023 | $537,273 | $413,842 | $585,601 | XML |
| 990 | August 2022 | $533,014 | $414,716 | $605,221 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 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 84-2853988).
Questions about SAPIENTIA INITIATIVE INC
- What is the EIN of SAPIENTIA INITIATIVE INC?
- The employer identification number (EIN) of SAPIENTIA INITIATIVE INC is 84-2853988.
- Is SAPIENTIA INITIATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to SAPIENTIA INITIATIVE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SAPIENTIA INITIATIVE 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 SAPIENTIA INITIATIVE INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SAPIENTIA INITIATIVE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of SAPIENTIA INITIATIVE INC?
- The 990 for the year ended August 31, 2025 names NANETTE WALSH.
- Who are the officers and directors of SAPIENTIA INITIATIVE INC?
- The 990 for the year ended August 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $75,201 (NANETTE WALSH, Executive Dir.).
- How much revenue does SAPIENTIA INITIATIVE INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $359,676, expenses of $448,338 and total assets of $231,861 at year end.
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