Won Institute of Graduate Studies
Overview
Mission
The mission of the won institute of graduate studies is to provide quality graduate-level professional education and training in the practical applications of spirituality and the healing arts for the well-being of individuals and society. The programs offered are graduate education programs leading to master of won buddhist studies, doctor of acupuncture, master of acupuncture studies, certificate in chinese herbal medicine, and certificate of won buddhist studies.
What it reported doing in 2024
The won institute is a specialized graduate school focusing on the professional and personal development of its students. It offers graduate programs in won buddhist studies, doctor of acupuncture, acupuncture studies, certificate program in chinese herbal medicine, and certificate of won buddhist studies. It offers continuing education studies and provides health and meditation services to the community through acupuncture clinics, such as it's veterans clinic and on-site meditation. It is regionally accredited through middle states commission on higher education and programmatically accredited through the accreditation commission for acupuncture and oriental medicine.
Operating model
- Revenue model
- Earned-program. 89% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The nonprofit carried out 93% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 233102135
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Headquarters
- Warminster, PA, USA
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Graduate, Professional Schools (Separate Entities)
- Affiliation
- Buddhism
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 100
- Accountability: 95
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62%; rating input score 62
- Program expense ratio: 60.1%; rating input score 60
- Fundraising efficiency: $2.76 raised per $1 spent on fundraising; rating input score 7; 7th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: -7.3%; rating input score 16; 16th percentile among comparable filings
- Operating reserve ratio: 2.35; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 60; 60th percentile among comparable filings
- Officer compensation ratio: 3.5%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: 4.8% per year; rating input score 100; 38th percentile among comparable filings
- Revenue growth: 6.2% per year; rating input score 100; 49th percentile among comparable filings
- Asset growth: 5.5% per year; rating input score 100; 37th percentile among comparable filings
Details
- Where the money goes: 62% of revenue deployed · 60.1% of spending went to programs
- Governance: 15 of 15 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.8M in reported program spending
- Leadership: top reported pay $104K · 16 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 13 annual filings from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.