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Contemplative Life Inc

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

EIN: 472011785 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is Contemplative Life Inc?

Contemplative Life Inc, based in Austin, Texas, is a nonprofit organization dedicated to fostering increased exploration and engagement in contemplative practices. They achieve this by connecting practitioners and various practices, while offering resources that support contemplative living styles. Their primary objective is to promote and facilitate a broader understanding and participation in contemplative experiences, thereby enriching individuals' lives.


Official website here: www.contemplativelife.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Stars)

Contemplative Life Inc has received a solid Three-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The organization earned an impressive score for its majority independent board members and has demonstrated integrity by showing no material diversion of assets. The program expense ratio of 70.75% indicates a substantial portion of its budget is allocated directly to its programs, showcasing a commitment to its mission.

While the organization excels in many areas, there are some notable gaps in its governance practices. Specifically, the absence of a whistleblower policy and document retention and destruction policy may raise concerns about transparency and accountability. However, the charity does maintain adequate documentation of board meeting minutes and has successfully listed its website on its tax form, which helps enhance its credibility.

Overall, Contemplative Life Inc shows a strong commitment to its operations and programmatic spending, with the strengths of its independent board and financial practices being key highlights. Addressing the noted limitations could further bolster its standing and ensure comprehensive governance.


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

Is Contemplative Life Inc legitimate?

Contemplative Life Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Contemplative Life Inc 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: $40,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.contemplativelife.org

What is the mission statement of Contemplative Life Inc?

Contemplative Life Inc's mission is centered around fostering increased exploration and engagement in contemplative practices. The organization achieves this by serving as a bridge between practitioners and various contemplative methods, while also offering resources that support contemplative living. By connecting individuals and providing necessary resources, Contemplative Life Inc aims to encourage a broader understanding and participation in contemplative experiences.


Official website here: www.contemplativelife.org

Who is the CEO of Contemplative Life Inc?

Jeffrey M Genung is the Secretary of Contemplative Life Inc.


Official website here: www.contemplativelife.org

What is the revenue of Contemplative Life Inc?

Contemplative Life Inc's revenue in 2022 was $102,344.


Official website here: www.contemplativelife.org

Who are the executives of Contemplative Life Inc and what are their salaries?


Here are 4 key members and their salaries:


Kate Roach (Secretary)
  • Compensation: $40,500
  • Related: $0
  • Other: $0
Jeffrey M Genung (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abby Jones (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chetan Makan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.contemplativelife.org

Where can I find the form 990 for Contemplative Life Inc?

Contemplative Life Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.contemplativelife.org

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

Mission Statement of Contemplative Life Inc

Contemplative Life Inc, a nonprofit organization, is dedicated to promoting increased exploration and participation in contemplative experiences. They achieve this by bridging the gap between practitioners and practices, and providing resources that support contemplative modes of living. The organization's primary mission is to foster a community where individuals can delve deeper into contemplative practices, thereby enriching their lives. By connecting practitioners and various contemplative methods, Contemplative Life Inc aims to make these experiences more accessible and thereby encourage their widespread adoption. The organization also provides resources to support individuals in integrating contemplative practices into their daily lives, thereby fostering a more contemplative way of living.

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Impact




October, 2024

Contemplative Life Inc significantly enhances individual and collective well-being by fostering a deeper exploration of contemplative practices. By connecting practitioners with various contemplative experiences, the organization creates a vibrant community that shares resources and promotes engagement in mindfulness and reflective living. This initiative not only enriches personal lives but also cultivates a supportive environment where individuals can collectively nurture and sustain their contemplative journeys. Through its efforts, Contemplative Life Inc contributes to a broader understanding of how contemplative modes of living can positively impact mental health, community resilience, and overall human services.




This information is meant to be a general summary of Contemplative Life Inc. 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
$102,344 (2022)
Expenses
$69,904 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $24,007
  • Gross Receipts: $102,344

Assets and Liabilities:

  • Total Assets: $91,575
  • Total Liabilities: $0
  • Net Assets: $91,575

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Programs

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

VOICES OF DISCERNMENT COURSE

Revenue

$24,007

Organization Details

Founding Year

2004

Principal Officer

Jeffrey M Genung

Main Address

PO BOX 342306, AUSTIN, TX, 78734

NTEE Category

Code: P50 - Human services

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