Life Balance Institute
Nonprofit profile at a glance
- EIN
- 680397298
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Tiburon, CA, USA
- Phone
- 4154353141
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Religion Related N.E.C.
- Affiliation
- Religious (unspecified)
Reported finances
- Revenue
- $326,590
- Expenses
- $407,236
- Assets
- $960,605
- Liabilities
- $4,268
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- PHILLIP W MOFFITT (PRESIDENT)
Highest reported compensation
- PHILLIP W MOFFITT (PRESIDENT): $41,589 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The life balance institute is a non-profit training organization dedicated to helping individuals find more balance, freedom, and meaning in their lives. The life balance institute offers training in skillful living, changes and transitions, and sustainable leadership.
What it reported doing in 2024
The institute's primary function is to provide training dedicated to helping individuals and executives through group meetings either sponsored solely by the institute or other non-profit organizations. For the tax year, 75 days of training were held with a total estimated 16 separate class attendances. These meetings in the form of classes ranged from 15 persons to over 115 in size. They were held in the san francisco area, seattle, throughout California and other locations, as well as online. The one and multiple day classes, retreats and workshops are centered on teaching people about skillful living, managing life changes and transitions and sustainable leadership. These teachings include mediation, yoga, mindfulness, stress relief and related skills and activities. Total revenue consists of direct contributions to lbi and contributions where applicable from the sponsoring non-profit organization. Many of the sponsoring organizations provide for the travel expenses of the lbi speaker. The total revenue for the year was $88,792.23 and generally all program service expenses of $1,234.46 are allocable. No allocation has been made of the management and general categories as attributable to this function however it is the primary activity of the institute.
Operating model
- Revenue model
- Earned-program. 94% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 83
- Accountability: 44
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 83%; rating input score 83
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 66.7%; rating input score 67; 18th percentile among comparable filings
- Governance controls: 1 of 8 controls in place; rating input score 12
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -24.7%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 2.36; rating input score 63; 63rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 50; 50th percentile among comparable filings
- Officer compensation ratio: 10.2%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: 7% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: 4.2% per year; rating input score 100; 48th percentile among comparable filings
- Asset growth: 8% per year; rating input score 100; 59th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 83% of spending went to programs
- Governance: 2 of 3 board members independent · 1 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $338K in reported program spending
- Leadership: top reported pay $42K · 4 people listed
- Consistency: 26 of 27 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Filing history: 10 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Accountability: Governance controls: 6 of 7 not reported.
- High — Sustainability: Operating margin scored 12/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 29/100.
- Review — Sustainability: Liabilities to assets ratio scored 50/100.