Maharishi Foundation International
Nonprofit profile at a glance
- EIN
- 831773393
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024
- Location
- Fairfield, IA, USA
- Phone
- 2023092846
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
- Affiliation
- Hinduism
Reported finances
- Revenue
- $4,670,233
- Expenses
- $4,950,271
- Assets
- $3,299,920
- Liabilities
- $1,331,564
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
41 people listed
Executive titles in this filing
- TOM FACTOR (PRESIDENT BOARD MEMBER)
- ANTOINE NADER (CHAIRMAN AND CEO)
Highest reported compensation
- CARLA BERKERS (BOARD MEMBER): $171,144 total reported compensation
- JENNIFER JIANG (EMPLOYEE): $170,637 total reported compensation
- SAM CREWE-SULLAM (EMPLOYEE): $150,071 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Mfi was established to promote the expansion of maharishi vedic science.
What it reported doing in 2024
Teacher training course & other course development
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and the filing reports few safeguards for money sent abroad.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 46
- Accountability: 88
- Sustainability: 20
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.5%; rating input score 89
- Program expense ratio: 84.4%; rating input score 84
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 97.2%; rating input score 97; 27th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -6%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 0.67; rating input score 24; 24th percentile among comparable filings
- Liabilities to assets ratio: 0.4; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 17.2%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: 33.9% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 24.4% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 12.8% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 89.5% of revenue deployed · 84.4% of spending went to programs
- Governance: 35 of 36 board members independent · 6 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $4.2M in reported program spending
- Leadership: top reported pay $171K · 41 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $825K reported
- Consistency: 42 of 44 current checks pass · 2 findings to review
- Schedules: 8 filed schedules · includes major donors, foreign activity, executive pay, and related organizations
- Filing history: 5 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 4 filed related-organization links
- 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- High — Sustainability: Operating margin scored 18/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Total-asset coverage ratio scored 24/100.
- High — Sustainability: Officer compensation ratio scored 15/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX PayrollTaxes column sum did not reconcile in the filed values.