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Institute Of Taoist Education And Accupuncture Inc

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

EIN: 841337452 ✦ Louisville, CO ✦ Designated as a 501(c)(3)

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Overview

What is Institute Of Taoist Education And Accupuncture Inc?

The Institute of Taoist Education and Acupuncture Inc, located in Louisville, Colorado, is a nonprofit organization dedicated to the teaching of Classical Five-Element Acupuncture. The institution is renowned for its commitment to providing students with a comprehensive understanding of this ancient healing practice, requiring over 3,000 hours of classroom and laboratory instruction. The school's mission is to foster graduates who possess a deep appreciation for the human body, mind, and spirit in harmony with nature, and who embody the necessary inner qualities to become effective healers. Through its teachings, the Institute aims to serve the public at the highest levels of competence and knowledge in Classical Five-Element Acupuncture, inspiring its graduates to share their expertise and educate future practitioners. The organization currently employs a team of eight individuals.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)

The Institute Of Taoist Education And Acupuncture Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in certain operational areas. With an overall score of 69%, the organization demonstrates solid governance with 71% of its board members being independent and strong audit practices in place. However, the absence of a whistleblower policy and document retention protocols are significant concerns that detract from its accountability score.

While the organization shows a favorable program expense ratio of 68.56%, indicating a majority of its funds are allocated towards its programs, it falls short in transparency measures, as crucial documents like the tax form are not publicly available on its website. The liabilities to assets ratio of 69.44% also raises some red flags regarding its financial health, suggesting a need for better financial management.

Overall, the Institute Of Taoist Education And Acupuncture Inc demonstrates strengths in governance and program allocation but has notable weaknesses in transparency and financial oversight. Addressing these areas could enhance its credibility and overall effectiveness as a nonprofit organization.


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

Is Institute Of Taoist Education And Accupuncture Inc legitimate?

Institute Of Taoist Education And Accupuncture Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute Of Taoist Education And Accupuncture 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: $124,027
Professional Fundraising Fees: $0
Other Salaries and Wages: $135,630

For more financial information, click here

What is the mission statement of Institute Of Taoist Education And Accupuncture Inc?

The Institute of Taoist Education and Acupuncture Inc is devoted to teaching Classical Five-Element Acupuncture (CF-EA) with a focus on producing graduates who have a deep understanding and appreciation for the human body, mind, and spirit. The institution is committed to nurturing healers who respect the harmony between individuals and nature. Moreover, the Institute aims to serve the public with competence and extensive knowledge in CF-EA, motivating its graduates to share their knowledge and educate future students.

Who is the CEO of Institute Of Taoist Education And Accupuncture Inc?

Kathy Knaus is the Treasurer of Institute Of Taoist Education And Accupuncture Inc.

What is the revenue of Institute Of Taoist Education And Accupuncture Inc?

Institute Of Taoist Education And Accupuncture Inc's revenue in 2022 was $594,066.

Who are the executives of Institute Of Taoist Education And Accupuncture Inc and what are their salaries?

The average compensation at Institute Of Taoist Education And Accupuncture Inc during 2022 was $32,457. There are 8 employees at Institute Of Taoist Education And Accupuncture Inc.


Here are 7 key members and their salaries:


Hilary Skellon (Visionary)
  • Compensation: $68,000
  • Related: $0
  • Other: $0
Kathy Knaus (Treasurer)
  • Compensation: $56,027
  • Related: $0
  • Other: $0
Mary Able (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robb Menzies (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Houlihan (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe White (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Anderson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Institute Of Taoist Education And Accupuncture Inc?

Institute Of Taoist Education And Accupuncture Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Institute Of Taoist Education And Accupuncture Inc

The Institute of Taoist Education and Acupuncture Inc, in its mission, strives for excellence in teaching the traditional Classical Five-Element Acupuncture (CF-EA). This nonprofit organization is committed to producing graduates who possess a profound comprehension and reverence for the intricate interplay between the human body, mind, and spirit, as well as their connection to nature. The graduates of this institution are expected to develop the essential inner qualities required to become compassionate and proficient healers.

Beyond education, the Institute of Taoist Education and Acupuncture Inc is dedicated to serving the public with unparalleled competence and knowledge in CF-EA. The organization encourages its graduates to share their expertise with the public, fostering a wider understanding of this healing practice. Through this approach, the Institute aims to uphold the highest standards of CF-EA, thereby contributing to overall well-being and holistic health.

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Impact




July, 2024

The Institute Of Taoist Education And Acupuncture Inc has a significant impact on the field of acupuncture and holistic healing. By focusing on the teaching of pure Classical Five-Element Acupuncture, as espoused by J.R. and J.B. Worsley, the institute is dedicated to producing graduates who deeply understand and respect the human body, mind, and spirit within nature. This commitment to excellence ensures that graduates are equipped with the necessary skills and qualities to be effective healers.

Furthermore, the institute serves the public by promoting competence and knowledge of Classical Five-Element Acupuncture. By inspiring its graduates to educate the public and future students, the Institute Of Taoist Education And Acupuncture Inc plays a vital role in spreading awareness and understanding of this traditional healing practice. Through its rigorous program that requires over 3000 hours of classroom and lab instruction, the institute is shaping the next generation of holistic healers and educators.




This information is meant to be a general summary of Institute Of Taoist Education And Accupuncture 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
$594,066 (2022)
Expenses
$589,516 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $93
  • Program Service Revenue: $567,858
  • Gross Receipts: $594,066

Assets and Liabilities:

  • Total Assets: $221,218
  • Total Liabilities: $14,723
  • Net Assets: $206,495

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Programs

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

BOOKS, KITS AND FEES

Revenue

$73,579

OTHER INCOME

Revenue

$4,371

TREATMENT INCOME

Revenue

$64,061

TUITION AND BOOKS

Revenue

$425,847

Organization Details

Founding Year

1996

Principal Officer

Kathy Knaus

Main Address

317 W SOUTH BOULDER ROAD SUITE 5, LOUISVILLE, CO, 80027

NTEE Category

Code: B20P - Education

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