Foundation For A Course In Miracles

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133168245 ✦ Henderson, NV ✦ Designated as a 501(c)(3)

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Overview

What is Foundation For A Course In Miracles?

The Foundation for a Course in Miracles is a nonprofit organization situated in Henderson, Nevada, specifically at 375 N Stephanie Street Suite 2311. Their primary focus is to conduct classes and workshops, aiming to aid students of A Course in Miracles in comprehending the teachings of forgiveness. By participating in these events, individuals aim to incorporate the principles of this course into their daily lives and foster a stronger connection with the Holy Spirit. Through these initiatives, the foundation aims to promote understanding and application of these teachings, ultimately fostering personal growth and spiritual development. The organization operates with a team of eight dedicated individuals.


Official website here: www.facim.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69% (Two-Star out of Four Star rating)

The Foundation For A Course In Miracles received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization excels in areas such as having a fully independent board and a solid structure in place to prevent material diversions of assets. However, its overall score reflects some weaknesses, particularly in program expenditure, where only 44% of its budget is allocated to programs.

While the foundation demonstrates strong governance with high marks in board independence and policy implementation, it lacks effective whistleblower and document retention policies, both of which received no points. This highlights potential areas for improvement in organizational transparency and operational practices.

Financially, the organization maintains a favorable liabilities to assets ratio, suggesting good financial stability. However, the low program expense ratio raises concerns about the efficiency and effectiveness of its spending in fulfilling its mission. Overall, while the foundation shows promise in its governance and stability, it has critical areas to address to improve its rating and operational effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Foundation For A Course In Miracles legitimate?

Foundation For A Course In Miracles is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For A Course In Miracles submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $222,756
Professional Fundraising Fees: $0
Other Salaries and Wages: $198,311

For more financial information, click here


Official website here: www.facim.org

What is the mission statement of Foundation For A Course In Miracles?

The Foundation for a Course in Miracles provides educational classes and workshops to aid students of the Course in Miracles in comprehending the teachings of forgiveness. Its primary goal is to help individuals integrate these principles into their daily lives and foster a stronger relationship with the Holy Spirit. Through these sessions, the foundation aims to assist students in applying the lessons of the Course in Miracles to improve their lives and relationships.


Official website here: www.facim.org

Who is the CEO of Foundation For A Course In Miracles?

David Salour is the President/Tr of Foundation For A Course In Miracles.


Official website here: www.facim.org

What is the revenue of Foundation For A Course In Miracles?

Foundation For A Course In Miracles's revenue in 2022 was $493,902.


Official website here: www.facim.org

Who are the executives of Foundation For A Course In Miracles and what are their salaries?

The average compensation at Foundation For A Course In Miracles during 2022 was $52,633. There are 8 employees at Foundation For A Course In Miracles.


Here are 7 key members and their salaries:


David Salour (President/Tr)
  • Compensation: $112,500
  • Related: $0
  • Other: $9,906
Mark Salour (Secretary)
  • Compensation: $37,327
  • Related: $0
  • Other: $0
Jean Boutin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alyssa Juskowitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hannah Nakhshab (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Wapnick (Term End 10/)
  • Compensation: $61,538
  • Related: $0
  • Other: $1,485


Official website here: www.facim.org

Where can I find the form 990 for Foundation For A Course In Miracles?

Foundation For A Course In Miracles's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.facim.org

Learn more at the official website: www.facim.org

Mission Statement of Foundation For A Course In Miracles

The Foundation for a Course in Miracles is dedicated to conducting classes and workshops designed to aid students of this course in understanding the teachings of forgiveness. Their primary objective is to assist these individuals in integrating these principles into their daily lives and fostering a stronger connection with the Holy Spirit. Through these educational programs, the foundation aims to help individuals develop a more harmonious and spiritually fulfilling existence.

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Impact




July, 2024

The Foundation For A Course In Miracles holds classes and workshops with the goal of helping individuals better understand the teachings of forgiveness and integrate its principles into their lives. By providing these opportunities for individuals to connect with the Holy Spirit, the foundation plays a crucial role in guiding people towards spiritual growth and self-improvement. Through their activities, the foundation contributes to creating a more compassionate and harmonious society by fostering personal development and spiritual enlightenment.




This information is meant to be a general summary of Foundation For A Course In Miracles. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$493,902 (2022)
Expenses
$686,421 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $121,436
  • Program Service Revenue: $30,919
  • Gross Receipts: $610,018

Assets and Liabilities:

  • Total Assets: $6,935,336
  • Total Liabilities: $8,332
  • Net Assets: $6,927,004

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SEMINARS AND CLASSES

Revenue

$30,919

Organization Details

Founding Year

1982

Principal Officer

David Salour

Main Address

375 N STEPHANIE STREET SUITE 2311, HENDERSON, NV, 89014

NTEE Category

Code: X00 - Religion related

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