SAPIENTIA INITIATIVE INC

EIN: 842853988 501(c)(3) Mental Health

NEW YORK, NY

Total Revenue
$345,725
Total Expenses
$467,893
Total Assets
$351,209
Net Assets
$287,737
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
DE
Principal Officer
NANETTE WALSH
Phone
9176393425
Tax Period
2023-09-01 to 2024-08-31

SAPIENTIA INITIATIVE INC, founded in 2019, is a small nonprofit in the Mental Health sector that reported $346K in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $468K exceeded revenue, resulting in a 35% operating deficit.

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."

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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 (2023)

Revenue Breakdown

Contributions & Grants $203,169
Program Service Revenue $142,411
Investment Income $182
Other Revenue $-37
TOTAL REVENUE $345,725

Expense Breakdown

Grants Paid $0
Salaries & Benefits $163,457
Fundraising Expenses $42,678
Program Expenses $367,965
Other Expenses $304,436
TOTAL EXPENSES $467,893

Year-over-Year Comparison

2023 2022 Change
Revenue $345,725 $537,273 -0.4%
Expenses $467,893 $413,842 +0.1%
Net Income $-122,168 $123,431 -2.0%
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
4
Independent Members
3
Employees
3
Volunteers
12

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
3
$72,681
Total Directors
5
$72,681
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANETTE WALSH Executive Dir. 40.00
Officer Director
$72,681 $0 $72,681
KELLEN KIELY CHAIR AND TREAS 1.00
Officer Director
$0 $0 $0
KARLA BOOTH DIAMOND Treasurer 1.00
Officer Director
$0 $0 $0
ALBERT GLOWASKY Director 1.00
Director
$0 $0 $0
LIBBY SCHMAIS Director 1.00
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 $345,725 $467,893 $351,209 $-122,168
2023 $537,273 $413,842 $585,601 $123,431
2022 $533,014 $414,716 $605,221 $118,298
2021 $241,472 $367,955 $206,370 $-126,483
2020 $450,760 $156,101 $311,944 $294,659
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