Metanexus Institute in New York, New York (NY)

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Metanexus Institute
Employer Identification Number (EIN)232977021
Name of OrganizationMetanexus Institute
In Care of NameWilliam Grassie
Address252 7 Th Ave Apt 8 X, New York, NY 10001-7338
SubsectionEducational Organization
Ruling Date07/1999
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period08/2014
Assets$1 to $9,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$8,827
Amount of Income$28,249
Form 990 Revenue Amount$28,249
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Professional Societies, Associations


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Amount of income in 2014: $28,249
This organization: 

 $28,249
Other organizations performing similar types of work: 

 $848,751

Assets in 2014: $8,827
Metanexus Institute: 

 $8,827
Other organizations performing similar types of work: 

 $1,947,091

Expenses in 2014: $110,578
Metanexus Institute: 

 $110,578
Other organizations performing similar types of work: 

 $672,217

Income to expenses ratio in 2014: 0.3
This organization: 

 0.3
Other organizations performing similar types of work: 

 1.3

Expenses allocated to program services in 2007: 68.5%
This organization: 

 68.5%
Other organizations performing similar types of work: 

 76.5%

Number of employees in 2007: 12
This organization: 

 12
Other organizations performing similar types of work: 

 12

Employees paid over $50,000 in 2007: 41.7%
Metanexus Institute: 

 41.7%
Other organizations performing similar types of work: 

 41.7%

Grants share in income in 2014: 94.7%
Metanexus Institute: 

 94.7%
Other organizations performing similar types of work: 

 94.7%

Financial snapshot ($)

Revenue for 2014

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2011201220132014
Total revenue$28,249
Contributions, gifts, grants, and similar amounts received$26,753
Program service revenue including government fees and contracts$1,467
Membership dues and assessments$0
Investment income$29
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0$0$0$0
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$110,578
Total net assets$8,666
Excess/Deficit for the year$-82,329
Net assets or fund balances at beginning of year$90,995
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$8,666
Balance Sheets
2011201220132014
Total assets$700,132$339,077$92,093$8,827
Total liabilities$192,517$1,367$1,098$161
Net assets or fund balances$8,666
Other Information
2011201220132014
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?NoNoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?No
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNoNo
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2010 - 2014)
2010 - 2014 Total
Public Support$52,493
Subtotal Support$150,680
Gifts, grants, contributions, and membership fees received$150,680
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$98,187
Total Support$236,278
Public Support$150,680
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$85,598
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$79,962
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$6,771,341$2,264,754$2,036,990$12,548,707$4,792,501$1,868,965$9,253,909$1,445,043
Contributions, gifts, grants, and similar amounts received$6,752,166$2,067,260$1,817,034$12,417,989$4,522,099$1,457,824$8,895,898$909,896
Contributions to donor advised funds$0$0
Direct public support$6,752,166$2,067,260$1,817,034$12,417,989$4,522,099$1,457,824$8,895,898$909,896
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$10,445$181,379$186,503$98,490$206,146$243,004$103,512$333,335
Membership dues and assessments$2,585$6,668$10,746$17,815$26,295$21,728$26,501$20,710
Interest on savings and temporary cash investments$1,768$5,857$14,101$12,892$37,113$125,230$194,236$170,164
Dividends and interest from securities$0$0$0$0$0$0$0$0
Net rental income or (loss)$0$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$0$0$0$0$0$0$0$0
Gross amount from sales of assets other than inventory$0$0$0$0$0$0$0$0
Less: cost or other basis and sales expenses$0$0$0$0$0$0$0$0
Net income or (loss) from special events and activities$0$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0$0
Other revenue$4,377$3,590$8,606$1,521$848$21,179$33,762$10,938
Total expenses$1,193,267$2,207,066$2,402,957$3,195,293$5,001,834$10,508,271$3,437,346$2,113,625
Program services$1,078,209$2,042,313$2,119,956$2,841,077$4,559,414$9,788,429$2,681,313$1,448,733
Management and general$115,058$164,753$283,001$283,981$384,608$653,656$562,110$629,195
Fundraising$0$0$0$70,235$57,812$66,186$193,923$35,697
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$5,634,112$393,602$3,810,671$15,655,956$15,446,623$4,872,079$10,688,642$10,020,060
Excess or (deficit) for the year$5,578,074$57,688$-365,967$9,353,414$-209,333$-8,639,306$5,816,563$-668,582
Net assets or fund balances at beginning of year$56,038$5,634,112$393,602$3,810,671$15,655,956$14,839,839$4,872,079$10,688,642
Other changes in net assets or fund balances$0$-5,298,198$3,783,036$2,491,871$0$-1,328,454$0$0
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$2,113,625$1,448,733$629,195$35,697
Grants paid from donor advised funds$0
Other grants and allocations$589,661
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$281,809$212,107$69,702$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$344,832$158,356$170,342$16,134
Pension plan contributions not included above$9,887$6,598$2,472$817
Employee benefits not included above$55,339$28,043$25,816$1,480
Payroll taxes$24,914$14,542$9,705$667
Professional fundraising fees$0$0$0$0
Accounting fees$9,629$0$9,629$0
Legal fees$0$0$0$0
Supplies$17,149$6,036$9,936$1,177
Telephone$17,737$7,805$9,755$177
Postage and shipping$7,555$3,225$4,179$151
Occupancy$55,835$33,501$21,776$558
Equipment rental and maintenance$4,619$3,948$579$92
Printing and publications$5,212$2,225$2,883$104
Travel$85,496$53,628$27,521$4,347
Conferences, conventions, and meetings$394,297$248,235$145,787$275
Interest$0$0$0$0
Depreciation, depletion, etc.$17,709$0$17,709$0
Other expenses not covered above$191,945$80,823$101,404$9,718
Balance Sheets
20002001200220032004200520062007
Total assets$6,156,377$5,227,727$4,346,950$16,949,335$16,971,162$12,282,117$15,559,651$12,466,234
Cash - non-interest-bearing$69,293$629,553$221,011$514$43,558$0$46,318$0
Savings and temporary cash investments$0$0$0$1,640,186$1,914,518$3,031,518$4,255,245$3,414,303
Accounts receivable less allowance for doubtful accounts$0$0$32,185$1,490$745$46,462$218,360$70,256
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$10,986,390$0
Grants receivable$6,044,135$4,331,254$3,847,540$15,094,706$14,855,292$9,121,857$0$8,945,333
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0$0$0$0
Prepaid expenses and deferred charges$2,773$5,900$13,706$17,133$8,380$0$7,714$8,428
Investments - publicly-traded securities$0$0
Investments - other securities$0$0$0$0$0$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0$0
Investments - other$0$0$0$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$40,176$261,020$232,508$195,306$148,669$82,280$45,624$27,914
Other assets, including program-related investments$0$0$0$0$0$0$0$0
Total liabilities$522,265$4,834,125$536,279$1,293,379$1,524,539$7,410,038$4,871,009$2,446,174
Accounts payable and accrued expenses$98,931$4,499,125$10,830$4,349$97,781$63,180$30,866$79,872
Grants payable$423,334$335,000$525,449$1,289,030$1,426,758$7,275,476$4,830,743$2,356,902
Deferred revenue$0$0$0$0$0$71,382$9,400$9,400
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0$0$0$0
Other liabilities$0$0$0$0$0$0$0$0
Total liabilities and net assets/fund balances$6,156,377$5,227,727$4,346,950$16,949,335$16,971,162$12,282,117$15,559,651$12,466,234
Total net assets or fund balances$5,634,112$393,602$3,810,671$15,655,956$15,446,623$4,872,079$10,688,642$10,020,060
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$6,771,341$2,264,754$2,036,990$12,548,707$0$1,868,965$9,253,909$1,145,043
Total revenue, gains, and other support per audited financial statements$6,771,341$2,264,754$2,036,990$12,548,707$0$1,868,965$9,253,909$1,145,043
Other expenses$0$0$0$0$0$0$0$0
Net unrealized gains on investments$0$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$1,193,267$2,207,066$2,402,957$3,195,293$0$10,508,271$3,437,346$2,113,625
Total expenses and losses per audited financial statements$1,193,267$2,207,066$2,402,957$3,195,293$0$10,508,271$3,437,346$2,113,625
Other revenue$0$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Other expenses$0$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$158,190$12,624$0
40$99,970$8,025$0
1$3,000$0$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings14
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 200612
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$170,164$364,983
Program service revenue
Program service revenue 1000000$000$0$333,335
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$20,710
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$170,164$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$10,938
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$67,763$5,363$0
$58,581$0$0
$52,131$1,046$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees
Support Schedule
19992000200120022003200420052006
Total$323,848$6,771,341$3,977,635$2,488,519$3,793,412$4,883,909$7,750,406$7,389,376
Gifts, grants, and contributions received$312,559$6,752,166$3,780,141$2,300,748$3,662,694$4,613,507$7,339,265$7,031,365
Membership fees received$5,901$2,585$6,668$10,746$17,815$26,295$21,728$26,501
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$10,445$181,379$154,318$98,490$206,146$243,004$103,512
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$4,611$1,768$5,857$14,101$12,892$37,113$125,230$194,236
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$777$4,377$3,590$8,606$1,521$848$21,179$33,762
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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1American Association Of Pastoral Counselors Inc, 22339504a Lee Hwy, Fairfax, VA 22031-2303VA1966-05$848,751
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New York2
Virginia1
Total3

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