Olean Meditation Center Inc
Nonprofit profile at a glance
- EIN
- 453755757
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2012
- Location
- Olean, NY, USA
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Religion Related N.E.C.
- Affiliation
- Religious (unspecified)
Reported finances
- Revenue
- $33,038
- Expenses
- $87,134
- Assets
- $333,683
- Liabilities
- $25,000
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
People named in this filing
- Dr Celine Daly (Board Chair Director)
- Stephen Cocca (Board Vice Chair Director)
- Richard Dayton (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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Sponsor Meditation and Mindfulness Programs
What it reported doing in 2025
Meditation Programs. 106 1-hr meditation sessions; 6 retreat days; 4 1.5 hr mindful wellness programs; 4 sound baths; 8 community wellness programs; Avg monthly attendance: 145. Support: $10,000 occupancy share; $3325 honoraria; $700 Promotion
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% 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 - The filed numbers largely add up and program spending has grown recently. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 52
- Transparency & Controls: 82
- Sustainability: 34
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68%; rating input score 68
- Program expense ratio: 25.5%; rating input score 26
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -163.7%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 3.83; rating input score 79; 79th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 1.6% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: -3.7% per year; rating input score 0; 37th percentile among comparable filings
- Asset growth: 4.5% per year; rating input score 100; 55th percentile among comparable filings
Details
- Where the money goes: 68% of revenue deployed · 25.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $22K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2021 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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: Program expense ratio scored 26/100.
- High — Sustainability: Operating margin scored 5/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.