INSTITUTE FOR THE STUDY OF HUMAN AWARENESS

EIN: 411443291 501(c)(3) Human Services

BRUCE, WI

Total Revenue
$122,279
Total Expenses
$42,492
Total Assets
$2,196,053
Net Assets
$2,195,352
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
MN
Principal Officer
BILL GROUT
Phone
2245009325
Tax Period
2024-01-01 to 2024-12-31

INSTITUTE FOR THE STUDY OF HUMAN AWARENESS, founded in 1980, is a small nonprofit in the Human Services sector that reported $122K in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $80K, a strong 65% operating margin.

Mission

TO PROVIDE EDUCATIONAL MATERIALS AND GUIDANCE TO INDIVIDUALS AND OTHER ORGANIZATIONS INTERESTED IN BETTER UNDERSTANDING OUR INNER SELF.

Program Service Accomplishments

Program 1
Expenses: $12,959 Revenue: $0

THE INSTITUTE FOR THE STUDY OF HUMAN AWARENESS (ISHA) OFFERED LECTURES IN PERSONAL SPIRITUAL DISCERNMENT FOR FREE TO THE GENERAL PUBLIC. DURING 2024 ISHA OFFERED BOTH VIRTUAL/ONLINE EVENTS AND...

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THE INSTITUTE FOR THE STUDY OF HUMAN AWARENESS (ISHA) OFFERED LECTURES IN PERSONAL SPIRITUAL DISCERNMENT FOR FREE TO THE GENERAL PUBLIC. DURING 2024 ISHA OFFERED BOTH VIRTUAL/ONLINE EVENTS AND IN-PERSON EVENTS. ISHA DID NOT CAPTURE METRICS REGARDING THE NUMBER OF ATTENDEES. ISHA CONVERTED ALL BOOKS AND BOOKLETS TO DIGITAL FORMAT AND OFFERS THEM AT NO COST ON ITS WEBSITE. ISHA IS CURRENTLY SPONSORING THE CONSTRUCTION OF A MEETING HALL AND CONFERENCE CENTER TO SERVE AS A DERA, WHICH REPRESENTS AN OASIS AND RETREAT FROM THE CARES AND STRESSES OF EVERYDAY LIFE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $122,078
Program Service Revenue $0
Investment Income $85
Other Revenue $116
TOTAL REVENUE $122,279

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $608
Program Expenses $12,959
Other Expenses $42,492
TOTAL EXPENSES $42,492

Year-over-Year Comparison

2024 2023 Change
Revenue $122,279 $274,755 -0.6%
Expenses $42,492 $50,418 -0.2%
Net Income $79,787 $224,337 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
135

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILL GROUT PRESIDENT 6.00
Officer Director
$0 $0 $0
JAGANNATH KERAI CHAIR 4.00
Officer Director
$0 $0 $0
SUNIL RAO SECRETARY 2.00
Officer Director
$0 $0 $0
PREETI VERMA TREASURER 4.00
Officer Director
$0 $0 $0
DEANNE ARONSON DIRECTOR 1.00
Director
$0 $0 $0
GARY ARMSTRONG DIRECTOR 1.00
Director
$0 $0 $0
CHUCK STEPHENS DIRECTOR 1.00
Director
$0 $0 $0
WENDY THAYER DIRECTOR 1.00
Director
$0 $0 $0
ANNE JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
HARJIT SOHPAUL DIRECTOR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $122,279 $42,492 $2,196,053 $79,787
2023 $274,755 $50,418 $2,116,157 $224,337
2022 $464,484 $50,618 $1,888,975 $413,866
2021 $229,951 $77,416 $1,474,458 $152,535
2020 $678,098 $172,974 $2,145,633 $505,124
2019 $503,020 $387,985 $1,632,661 $115,035
2018 $627,045 $367,578 $1,634,766 $259,467
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