The Howard & Alice Settle Foundation For
Nonprofit profile at a glance
- EIN
- 611337942
- IRS 990-EZ coverage
- 2010–2010
- Forms available
- Form 990-EZ 2010
- Location
- Lexington, KY, USA
- Phone
- 8592531300
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Limited
- Sector
- Personal Social Services
- Affiliation
- Hinduism
Reported finances
- Revenue
- $5,970
- Expenses
- $73,774
- Assets
- $32,952
Source: IRS Form 990-EZ. Selected filing: tax year 2010. Amounts in USD.
Leadership & pay
3 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To disseminate the theory and practice of maharishi's transcendental meditation and tm-sidhi programs, and related programs to the public; to conduct related activities in the fields of health, education, and rehabilitation, and to conduct related research; to improve the quality of life for the individual, the community, the nation, and the world; to assist and, or participate in the construction of the maharishi peace palaces, using vedic design; to obtain grants to be used in connection with the preceeding; to participate in any activities as stipulated by the organization's by-laws; and to achieve these purposes in a manner consistent with the goals, aspirations and policies established by maharishi mahesh yogi or an organization appointed by him, or his successor.
What it reported doing in 2010
Presenting education programs; publication and distribution of literature, scientific research and publications; and recruitment and training of community volunteers to assist in the presentation and dissemination of materials
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 98% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 9
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.3%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -1,135.7%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.45; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 99.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $73K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- 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 — Sustainability: Operating margin scored 2/100.
- High — Sustainability: Total-asset coverage ratio scored 29/100.