LOUISVILLE, CO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)INSTITUTE OF TAOIST EDUCATION AND ACCUPUNCTURE INC, founded in 1996, is a small nonprofit in the Education sector that reported $672K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $760K exceeded revenue, resulting in a 13% operating deficit.
The Institute of Taoist Education and Acupuncture, Inc. (ITEA) is dedicated to excellence in the teaching of pure Classical Five-Element Acupuncture (CF-EA), as taught by J.R. and J.B. Worsley. The school is committed to producing graduates who have a deep understanding and respect for the integrity of the human body, mind, and spirit as it exists within nature, and who have developed the inner qualities needed to be effective healers. The Institute is further committed to serving the public at the highest levels of competence and knowledge of CF-EA, through inspiring its graduates to educate the public and to teach future students.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $672,285 | $726,039 | -0.1% |
| Expenses | $760,250 | $729,678 | +0.0% |
| Net Income | $-87,965 | $-3,639 | +23.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| HILARY SKELLON | VISIONARY | 40.00 |
Officer
Director
|
$65,250 | $0 | $65,250 |
| BRITTANY SANELLI | President | 40.00 |
Officer
Director
|
$65,231 | $0 | $65,231 |
| KATHY KNAUS | Treasurer | 40.00 |
Officer
Director
|
$56,027 | $0 | $56,027 |
| MARY ABLE | CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROBB MENZIES | MEMBER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOE WHITE | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| CINDY WALLIS | MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $672,285 | $760,250 | $528,416 | $-87,965 |
| 2023 | $726,039 | $729,678 | $663,820 | $-3,639 |
| 2022 | $594,066 | $589,516 | $221,218 | $4,550 |
| 2021 | $635,633 | $540,226 | $208,975 | $95,407 |
| 2020 | $519,251 | $454,074 | $152,764 | $65,177 |
| 2019 | $471,162 | $471,072 | $86,952 | $90 |
| 2018 | $460,099 | $508,455 | $63,107 | $-48,356 |
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