BLUE MOUNTAIN CENTER OF MEDITATION… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1961

Legal Domicile

Principal Officer

KATHERINE MADISON NICHOLS

Phone

7078782369

Tax Period

2023-01-01 to 2023-12-31

BLUE MOUNTAIN CENTER OF MEDITATION INC, founded in 1961, is a community nonprofit in the Human Services sector that reported $1.5M in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Net assets of $4.1M represent 32 months of operating reserves.

Mission

TO CHANGE LIVES AND BUILD A BETTER WORLD BY PUBLISHING SRI EKNATH EASWARAN'S TIMELESS WORDS, TEACHING HIS EIGHT POINT PROGRAM OF PASSAGE MEDITATION, PRESERVING HIS LEGACY AND MAINTAINING A SPIRITUAL COMMUNITY DEDICATED TO THE DAILY PRACTICE OF PASSAGE MEDITATION.

Program Service Accomplishments

Program 1

Expenses: $466,842

Provided online retreats which included recorded talks by Easwaran, meditation sessions and group workshops designed to expand one's understanding of passage meditation and its application to daily life. Offered a sliding scale fee structure and scholarships to our meditation retreats to make them available to all. Held free weekly public fellowship webinar to provide inspiration, offered a free monthly videotaped talk subscription and provided free access to the Easwaran Digital Library of video and audio talks, for leading the spiritual life in the home and community, and free online instructions and resources to learn passage meditation.

Program 2

Expenses: $466,448

Publication and sale of books, audio and video recordings of Eknath Easwaran's spiritual talks; publication of a free journal for spiritual living to provide inspiration and hope to the readers; free offerings on our website to support a meditation practice and provide inspiration; maintaining a complete archive of Eknath Easwaran's written and recorded teachings.The meditation method (passage meditation) is nondenominational and nonsectarian. It can be used within each persons own cultural and religious or non-religious background.

Program 3

Expenses: $266,612

Maintained a spiritual community in order to demonstrate Eknath Easwaran's Eight Point Program and to preserve the purity of these teachings and legacy.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $821,672

Program Service Revenue $98,950

Investment Income $75,499

Other Revenue $514,179

TOTAL REVENUE $1,510,300

Expense Breakdown

Grants Paid $0

Salaries & Benefits $688,753

Fundraising Expenses $124,190

Program Expenses $1,199,902

Other Expenses $944,694

TOTAL EXPENSES $1,633,447

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,510,300	$2,025,733	-0.3%
Expenses	$1,633,447	$1,322,320	+0.2%
Net Income	$-123,147	$703,413	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$135,239

Total Directors

$192,215

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID BISHOP-RETIRED 32024	Trustee/Presi	38.00	Officer Director	$47,612	$0	$47,612
JOAN BARNICLE-Resigned 62024	Treasurer/SECRE	38.00	Officer Director	$46,630	$0	$46,630
KATHERINE MADISON NICHOLS	Trustee	37.00	Director	$42,759	$960	$43,719
SATISH KAPPAGANTULA	Planning Offr	37.00	Officer Director	$40,037	$960	$40,997
BETH ANN O'CONNELL	Trustee	20.00	Director	$9,617	$0	$9,617
SULTANA HARVEY	Trustee	5.00	Director	$3,640	$0	$3,640
NICK HARVEY	EDIT. OFFICER	10.00	Officer Director	$0	$0	$0
TERRENCE MORRISON	Trustee	10.00	Director	$0	$0	$0
DIANA LIGHTMAN	I&SS OFFICER	15.00	Officer Director	$0	$0	$0
JULIE MACLEAN	TRUSTEE/Policy	25.00	Officer 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	No data	No data	No data	No data
2023	$1,510,300	$1,633,447	$4,220,619	$-123,147
2022	$2,025,733	$1,322,320	$4,116,824	$703,413
2021	$1,894,293	$1,340,159	$3,559,894	$554,134
2020	$1,655,571	$1,541,078	$3,140,499	$114,493
2019	$1,489,405	$1,679,254	$2,852,058	$-189,849
2018	$1,405,332	$1,649,997	$2,997,543	$-244,665

BLUE MOUNTAIN CENTER OF MEDITATION INC