Overview
What is Oracle Institute?
The Oracle Institute is a nonprofit organization situated in Independence, Virginia. Their primary focus is to foster a culture of peace by means of spiritual growth and sacred activism. They achieve this goal through various avenues such as hosting interfaith and social justice classes, conducting advanced research on human development and consciousness, publishing educational books, engaging in public outreach, and participating in local, national, and international humanitarian and charitable events. Their publishing arm, Oracle Institute Press, sells around 1,157 books and ebooks annually, covering topics like science, philosophy, religion, personal development, and children's titles. The institute manages its publishing expenses on a cash basis, and direct printing expenses are accounted for as cost of goods sold. Regrettably, their activities were impacted by COVID-19 in the previous tax year, but attendance at on-campus events began to recover in the subsequent year.
Official website here: www.theoracleinstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 64%)
The Oracle Institute has received a Two-Star rating from Charity Navigator, indicating that while the organization has strong accountability and finance practices, there are significant areas needing improvement. The organization scored 100% in several governance categories, including having a majority of independent board members, demonstrating a solid commitment to ethical management. However, the overall score reflects that there are serious deficiencies in some operational practices.
In particular, the Oracle Institute faces challenges in areas such as their whistleblower policy and document retention practices, where they scored 0 out of 7 points. This raises concerns about transparency and the safeguarding of organizational integrity. Additionally, their program expense ratio was rated at only 7 out of 25, suggesting that a smaller proportion of their expenditures are directed towards their stated programs and mission.
As the organization works to address these limitations, the strong governance structure and commitment to accountability could serve as a foundation for improvement. Stakeholders may want to monitor how these issues are addressed in the future to ensure that the nonprofit effectively meets its mission and serves its community.
This AI summary has been generated from information found on Charity Navigator.
Is Oracle Institute legitimate?
Oracle Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oracle Institute 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.theoracleinstitute.org
What is the mission statement of Oracle Institute?
The Oracle Institute's mission is centered around fostering a culture of peace. They achieve this goal through various means, including hosting interfaith and social justice classes, conducting research on human development and consciousness, publishing relevant books, engaging in public outreach, and participating in humanitarian events at a local, national, and global level. The organization also engages in think-tank level research and participates in charitable events to further its mission. Due to the impact of COVID-19, their activities were significantly affected in the 2021-2022 tax year, but attendance at on-campus events saw a resurgence in the following year, 2022-2023.
Official website here: www.theoracleinstitute.org
Who is the CEO of Oracle Institute?
Laura M George is the Principal Officer of Oracle Institute.
Official website here: www.theoracleinstitute.org
What is the revenue of Oracle Institute?
Oracle Institute's revenue in 2023 was $37,896.
Official website here: www.theoracleinstitute.org
Who are the executives of Oracle Institute and what are their salaries?
There 8 volunteers at Oracle Institute.
Here are 6 key members and their salaries:
- Compensation: $1,710
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.theoracleinstitute.org
Where can I find the form 990 for Oracle Institute?
Oracle Institute's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.theoracleinstitute.org
Learn more at the official website: www.theoracleinstitute.org
Mission Statement of Oracle Institute
The Oracle Institute, a nonprofit organization, is committed to fostering a culture of peace through spiritual growth and sacred activism. To achieve this mission, the Institute engages in various activities. These include hosting interfaith and social justice classes, conducting research on human development and consciousness at a think-tank level, publishing relevant books, participating in public outreach, and taking part in local, national, and global humanitarian events. Furthermore, Oracle Institute engages in peaceful events and classes, aiming to promote harmony and understanding among different faiths and communities.
Despite the challenges posed by the COVID-19 pandemic, Oracle Institute persevered in its mission. In the tax year 2021-2022, the Institute's classes and peacebuilding activities were significantly impacted by the pandemic. However, the Institute showed resilience and adaptability, and in the following tax year, 2022-2023, on-campus events saw an increase in attendance, reflecting the Institute's continued dedication to its mission.
In summary, the Oracle Institute is a nonprofit organization that works tirelessly to promote peace through spiritual growth and activism. It achieves this by hosting interfaith and social justice classes, conducting research, publishing books, engaging in public outreach, and participating in humanitarian events. Despite the challenges posed by the pandemic, Oracle Institute has demonstrated its commitment to its mission, continually adapting and innovating to ensure its vision of peace and harmony remains a reality.
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Impact
August, 2024
Oracle Institute's impact is centered around promoting a culture of peace through spiritual growth and sacred activism. They achieve this by hosting interfaith and social justice classes and events, conducting research on human development and consciousness at a high level, publishing educational books, engaging in public outreach, and participating in humanitarian events at local, national, and global levels. Despite facing constraints due to COVID in recent years, Oracle Institute is dedicated to advancing peace and understanding in the world.
This information is meant to be a general summary of Oracle Institute. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $17,711
- Gross Receipts: $37,896
Assets and Liabilities:
- Total Assets: $872,698
- Total Liabilities: $445,022
- Net Assets: $427,676
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Spirituality School
Revenue
$6,932
Publishing House
Revenue
$10,469
Peace Practice
Revenue
$310
Organization Details
Founding Year
2004
Phone
(276) 773-3308Principal Officer
Laura M George
Main Address
88 Oracle Way, Independence, VA, 24348
Website
www.theoracleinstitute.orgNTEE Category
Code: B60 - Education
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