Aequanimitas Foundationinc

Nonprofit profile at a glance

EIN
911575108
IRS 990-EZ coverage
2009–2023
Forms available
Form 990-EZ 2023
Location
Minneapolis, MN, USA
Phone
8138331766
Rating
34
Verdict
REVIEW
Rating confidence
Moderate

Reported finances

Revenue
$337
Expenses
$17,325
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • AG CHIP CHIPMAN (PRESIDENT)

People named in this filing

  • AG CHIP CHIPMAN (PRESIDENT)
  • SUSAN SICKORA-TROCKMAN (DIRECTOR)
  • LESLIE MILLER (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The foundation's vision is to be a catalyst for awakening the innate health and wellbeing of people throughout the world community. It exists to provide education, dialogue and understanding, and insight into the role of the original materials and recordings of sydney banks, to people interested in the three principles of mind, consciousness and thought.

What it reported doing in 2023

The three principles foundation has for almost 15 years hosted the three principles school. The "school" was established in 2008 to share a fundamental understanding and affirmation of the three principles-based perspective of the human psychological experience, as discovered and taught by sydney banks.the mission of the three principles school has remained constant since its inception: to expand the ability of attendees, psychiatrists, psychologists, social workers and others in the helping professions to serve others by exploring the true nature of the principles of mind, consciousness and thought, in as deep and simple a manner as possible. These outcomes as well as those of the past 15 years are what led us to see that the mission of the school had been fulfilled. People who have attended from all over the u.s., canada and the world have returned to their communities, practices and families with a deeper understanding of themselves, the three principles of mind, consciousness and thought and how this understanding can help relieve human psychological suffering. This is the reason for the title of this last edition of the school: you are the three principles school! Sharing the truth that lies within each and every one of us. The people who have attended throughout the years are now continuing the work of the school, serving humanity and sharing this profound message on a world-wide basis. The school will indeed live on through their wisdom, insight and sharing. Thank you to all who have attended and who share their understanding with others.

Operating model

Revenue model
Other-operating. 93% of the money available for current operations came from other operating revenue.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 8
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -5,040.9%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -6.6% per year; rating input score 0; 33rd percentile among comparable filings
  • Revenue growth: -1.9% per year; rating input score 0; 46th percentile among comparable filings
  • Asset growth: 4.8% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 14 filing years from 2009 to 2023
  • Contacts: How to reach this organization
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.