Civic Intelligence

T AI Chi Foundation Inc.

990 • Fiscal year 2022 • EIN 13-3016452

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 30, 2023

Organization ProfileTAICHIFOUNDATION.ORG
PO Box 575 Midtown StationNew York, NY 10018

(212) 645-7010

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

80th percentile

0.11x

Higher debt load relative to assets than 80% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

84th percentile

0.14x

Higher debt load relative to revenue than 84% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

17th percentile

-23%

Higher net margin than 17% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

89th percentile

$36,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 21.8% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

31st percentile

-10%

Faster asset growth than 31% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

53rd percentile

13%

Faster revenue growth than 53% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$216,396

Down $25,213 (-10%) from 2021

Net Assets

Down

$193,083

Down $37,542 (-16%) from 2021

Liabilities

Up

$23,313

Up $12,329 (+112%) from 2021

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin17th percentile

Revenue

Up

$164,798

Up $18,918 (+13%) from 2021

Expenses

Up

$202,741

Up $83,281 (+70%) from 2021

Net Income

Down

-$37,943

Down $64,363 (-244%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0-$100KAssets 2011: $239,145Liabilities 2011: $266Net Assets 2011: $238,8792011Assets 2012: $208,660Liabilities 2012: $93Net Assets 2012: $208,5672012Assets 2013: $229,521Liabilities 2013: $672Net Assets 2013: $228,8492013Assets 2014: $248,848Liabilities 2014: $46,901Net Assets 2014: $201,9472014Assets 2015: $168,619Liabilities 2015: -$2,438Net Assets 2015: $171,0572015Assets 2016: $123,782Liabilities 2016: $2,986Net Assets 2016: $120,7962016Assets 2017: $140,437Liabilities 2017: $20,881Net Assets 2017: $119,5562017Assets 2018: $148,388Liabilities 2018: $2,844Net Assets 2018: $145,5442018Assets 2019: $187,380Liabilities 2019: $30,399Net Assets 2019: $156,9812019Assets 2020: $226,826Liabilities 2020: $23,671Net Assets 2020: $203,1552020Assets 2021: $241,609Liabilities 2021: $10,984Net Assets 2021: $230,6252021Assets 2022: $216,396Liabilities 2022: $23,313Net Assets 2022: $193,0832022Assets 2023: $218,116Liabilities 2023: $48,887Net Assets 2023: $169,2292023Assets 2024: $226,860Liabilities 2024: $51,179Net Assets 2024: $175,6812024

Highlighted filing

2022

Assets$216,396
Liabilities$23,313
Net Assets$193,083
Open 2022 Filing

Operations Trend

Revenue Growth53rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $165,836Expenses 2011: $97,451Net Income 2011: $68,3852011Revenue 2012: $100,296Expenses 2012: $130,608Net Income 2012: -$30,3122012Revenue 2013: $166,229Expenses 2013: $145,947Net Income 2013: $20,2822013Revenue 2014: $160,145Expenses 2014: $187,047Net Income 2014: -$26,9022014Revenue 2015: $169,534Expenses 2015: $200,424Net Income 2015: -$30,8902015Revenue 2016: $156,101Expenses 2016: $205,962Net Income 2016: -$49,8612016Revenue 2017: $115,526Expenses 2017: $137,669Net Income 2017: -$22,1432017Revenue 2018: $186,994Expenses 2018: $161,007Net Income 2018: $25,9872018Revenue 2019: $237,893Expenses 2019: $217,378Net Income 2019: $20,5152019Revenue 2020: $193,392Expenses 2020: $147,220Net Income 2020: $46,1722020Revenue 2021: $145,880Expenses 2021: $119,460Net Income 2021: $26,4202021Revenue 2022: $164,798Expenses 2022: $202,741Net Income 2022: -$37,9432022Revenue 2023: $209,048Expenses 2023: $233,384Net Income 2023: -$24,3362023Revenue 2024: $224,594Expenses 2024: $218,142Net Income 2024: $6,4522024

Highlighted filing

2022

Revenue$164,798
Expenses$202,741
Net Income-$37,943
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 30, 2023
Return Version
2022v5.0
Gross Receipts
$164,887
Mission and Program Overview

Mission

Provide training and instruction for students and teachers and to set up and maintain a program for licensing of tai chi instructors

Provide training and instruction for students and teachers and to set up and maintain a program for certification of T'ai Chi instructors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$96,161$96,187▲ $26
Cash and Non-Interest-Bearing Accounts$91,762$76,698▼ $15,064
Prepaid Expenses and Deferred Charges$12,873$3,000▼ $9,873
Inventories for Sale or Use$426$1,294▲ $868
Accounts Receivable$2,190$1,020▼ $1,170
Total Assets$241,609$216,396▼ $25,213
Other Assets Total$38,197$38,197→ $0
Liabilities
Deferred Revenue$3,610$12,590▲ $8,980
Accounts Payable and Accrued Expenses$7,374$10,723▲ $3,349
Total Liabilities$10,984$23,313▲ $12,329
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$230,625$193,083▼ $37,542
Total Net Assets Fund Balance$230,625$193,083▼ $37,542
Total Liabilities and Net Assets / Fund Balance$241,609$216,396▼ $25,213

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$38,197--
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Penny HarrisonFoundation AdministratorPT$36,000$36,000
Margaret OlmsteadLegacy Holder-$5,000$5,000
Steve ShulmanTreasurer-$4,500$4,500
Robert EtheringtonDirector-$875$875
Anne SmyersDirector-$800$800

Board Members and Trustees

NameTitle
Vanessa CostiganPresident
Roger NoonVice President
Jesse LeinfelderDirector
Mike BarkhamDirector
Oliver HerzfeldDirector
Peter KennedySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$48,261
Program Service Revenue
$99,164
Investment Income
$25
Other Revenue
$17,348
All Other Contributions
$20,651
Change in Net Assets
$-37,943
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$152,844
Salaries, Compensation, and Employee Benefits$47,175
Total Fundraising Expense$3,850
Grants and Similar Amounts Paid$2,722
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$20,563$24,286$3,850$48,699
Current Officers, Directors, Trustees, and Key Employees$4,900$42,275$0$47,175
Information Technology$16,889$16,890$0$33,779
Occupancy$24,515$420$0$24,935
All Other Expenses$17,651$0$0$17,651
Advertising$6,490$0$0$6,490
Fees for Services Accounting$0$5,950$0$5,950
Insurance$5,073$0$0$5,073
Travel$3,530$0$0$3,530
Grants to Domestic Individuals$2,722--$2,722
Other Expenses$0$376$0$376
Total Functional Expenses$102,383$96,508$3,850$202,741
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
T'ai Chi Foundation
EIN
13-3016452
Phone
2126457010
Address
PO Box 575 Midtown Station, New York, NY 10018

Signing Officer

Name
Steve Shulman
Title
Treasurer
Phone
2126457010
Signed
2023-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Shulman
Formed
1979
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
10

Preparer

Firm
Andrew Landau CPA
Address
7 HALIFAX DR, MORGANVILLE, NJ 07751
Preparer
Andrew Landau
Phone
9084155297
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“Organization. These members are not stockholders.”

Pt VI, Line 7A

“Members elect the board of directors on an annual basis.”

Pt VI, Line 11B

“Provided to the treasurer and made available for board members to review before and after filing.”

Pt VI, Line 12C

“The board review conflict of interest issues at board meetings and the policy on a regular basis as issues arise.”

Pt VI, Line 19

“Information is made available to interested parties when it is requested.”

Raw XML AppendixShowing 400 of 461 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt07374
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt010723
IRS990/AccountsReceivableGrp/BOYAmt02190
IRS990/AccountsReceivableGrp/EOYAmt01020
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Provide training and instruction for students and teachers and to set up and maintain a program for certification of T'ai Chi instructors.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt06490
IRS990/AdvertisingGrp/TotalAmt06490
IRS990/AllOtherContributionsAmt020651
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt017651
IRS990/AllOtherExpensesGrp/TotalAmt017651
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Steve Shulman
IRS990/BooksInCareOfDetail/PhoneNum02126457010
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 575
IRS990/BooksInCareOfDetail/USAddress/CityNm0New York
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010018
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt091762
IRS990/CashNonInterestBearingGrp/EOYAmt076698
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt042275
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt04900
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt047175
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt089
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt048261
IRS990/CYGrantsAndSimilarPaidAmt02722
IRS990/CYInvestmentIncomeAmt025
IRS990/CYOtherExpensesAmt0152844
IRS990/CYOtherRevenueAmt017348
IRS990/CYProgramServiceRevenueAmt099164
IRS990/CYRevenuesLessExpensesAmt0-37943
IRS990/CYSalariesCompEmpBnftPaidAmt047175
IRS990/CYTotalExpensesAmt0202741
IRS990/CYTotalFundraisingExpenseAmt03850
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0164798
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt03610
IRS990/DeferredRevenueGrp/EOYAmt012590
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0T'ai Chi Foundation provided training and instruction for students and teachers and set up a program for certification of T'ai Chi instructors. In support of this program, T'ai Chi Foundation received in-kind contributions of advertising services in the amount of $264,513 in addition to other cash contributions report in this filing.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0102383
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05950
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt05950
IRS990/FeesForServicesOtherGrp/FundraisingAmt03850
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt024286
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt020563
IRS990/FeesForServicesOtherGrp/TotalAmt048699
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt44.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt54.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt64.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt74.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt84.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt94.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt104.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0Penny Harrison
IRS990/Form990PartVIISectionAGrp/PersonNm1Margaret Olmstead
IRS990/Form990PartVIISectionAGrp/PersonNm2Steve Shulman
IRS990/Form990PartVIISectionAGrp/PersonNm3Robert Etherington
IRS990/Form990PartVIISectionAGrp/PersonNm4Anne Smyers
IRS990/Form990PartVIISectionAGrp/PersonNm5Peter Kennedy
IRS990/Form990PartVIISectionAGrp/PersonNm6Roger Noon
IRS990/Form990PartVIISectionAGrp/PersonNm7Mike Barkham
IRS990/Form990PartVIISectionAGrp/PersonNm8Vanessa Costigan
IRS990/Form990PartVIISectionAGrp/PersonNm9Oliver Herzfeld
IRS990/Form990PartVIISectionAGrp/PersonNm10Jesse Leinfelder
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt036000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3875
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0Foundation Administrator
IRS990/Form990PartVIISectionAGrp/TitleTxt1Legacy Holder
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8President
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt02722
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt02722
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0164887
IRS990/GrossSalesOfInventoryAmt02012
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt016890
IRS990/InformationTechnologyGrp/ProgramServicesAmt016889
IRS990/InformationTechnologyGrp/TotalAmt033779
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt05073
IRS990/InsuranceGrp/TotalAmt05073
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0426
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01294
IRS990/InvestmentIncomeGrp/ExclusionAmt025
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt025
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt027610
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The Tai Chi Foundation's mission is to improve health and consciousness through the study, practice, and teaching of Tai Chi and Qigong to people of all ages. We do this through regular in-person educational retreats, video instruction, and online programs, providing training and instruction for students and teachers, and setting up and maintaining a program for certification of Tai Chi and Qigong instructors.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0230625
IRS990/NetAssetsOrFundBalancesEOYAmt0193083
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt01923
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt01923
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0230625
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0193083
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0420
IRS990/OccupancyGrp/ProgramServicesAmt024515
IRS990/OccupancyGrp/TotalAmt024935
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt038197
IRS990/OtherAssetsTotalGrp/EOYAmt038197
IRS990/OtherExpensesGrp/Desc0License Fees
IRS990/OtherExpensesGrp/Desc1Bank Charges
IRS990/OtherExpensesGrp/Desc2Telecom
IRS990/OtherExpensesGrp/Desc3Postage and Delivery
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14048
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22263
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3376
IRS990/OtherExpensesGrp/ProgramServicesAmt050
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt050
IRS990/OtherExpensesGrp/TotalAmt14048
IRS990/OtherExpensesGrp/TotalAmt22263
IRS990/OtherExpensesGrp/TotalAmt3376
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012873
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03000
IRS990/PrincipalOfficerNm0Steve Shulman
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/BusinessCd4611710
IRS990/ProgramServiceRevenueGrp/Desc0Tuitions
IRS990/ProgramServiceRevenueGrp/Desc1Room Income
IRS990/ProgramServiceRevenueGrp/Desc2Meals Income
IRS990/ProgramServiceRevenueGrp/Desc3Application Fees
IRS990/ProgramServiceRevenueGrp/Desc4Teaching Income
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt068788
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt115000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt214170
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt350
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4671
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt40
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt070052
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01305
IRS990/PYInvestmentIncomeAmt010
IRS990/PYOtherExpensesAmt072610
IRS990/PYOtherRevenueAmt015331
IRS990/PYProgramServiceRevenueAmt060487
IRS990/PYRevenuesLessExpensesAmt026420
IRS990/PYSalariesCompEmpBnftPaidAmt045545
IRS990/PYTotalExpensesAmt0119460
IRS990/PYTotalRevenueAmt0145880
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-37943
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt015425
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt015425
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt096161
IRS990/SavingsAndTempCashInvstGrp/EOYAmt096187
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt048261
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt070052
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt072983
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt036056
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt016501
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0243853
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt065
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt074
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0177471
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0177471
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt065
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt074
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99980
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt0421324
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt048261
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt070052
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt072983
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0213527
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt016501
IRS990ScheduleA/Total509Grp/TotalAmt0421324
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0421398
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt038197
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Intellectual Property
IRS990ScheduleD/TotalBookValueOtherAssetsAmt038197
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Organization. These members are not stockholders.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members elect the board of directors on an annual basis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Provided to the treasurer and made available for board members to review before and after filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The board review conflict of interest issues at board meetings and the policy on a regular basis as issues arise.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Information is made available to interested parties when it is requested.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0241609
IRS990/TotalAssetsEOYAmt0216396
IRS990/TotalAssetsGrp/BOYAmt0241609
IRS990/TotalAssetsGrp/EOYAmt0216396
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt048261
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03850
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt096508
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0102383
IRS990/TotalFunctionalExpensesGrp/TotalAmt0202741
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010984
IRS990/TotalLiabilitiesEOYAmt023313
IRS990/TotalLiabilitiesGrp/BOYAmt010984
IRS990/TotalLiabilitiesGrp/EOYAmt023313
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0230625
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0193083
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0485
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0102383

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$216,396
Liabilities
$23,313
Net assets
$193,083
Revenue
$164,798
Expenses
$202,741
Net income
-$37,943
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.27$0.51$1.76$2.25$2.18$0.06
2023Detailed filing. Detailed filing data is available for this year.$2.18$0.49$1.69$2.09$2.33$0.24
2022Detailed filing. Detailed filing data is available for this year.$2.16$0.23$1.93$1.65$2.03$0.38
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.42$0.11$2.31$1.46$1.19$0.26
2020Detailed filing. Detailed filing data is available for this year.$2.27$0.24$2.03$1.93$1.47$0.46
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.87$0.30$1.57$2.38$2.17$0.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.03$1.46$1.87$1.61$0.26
2017Summary only. Only limited summary data is available for this year.$1.40$0.21$1.20$1.16$1.38$0.22
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.03$1.21$1.56$2.06$0.50
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.69$0.02$1.71$1.70$2.00$0.31
2014Summary only. Only limited summary data is available for this year.$2.49$0.47$2.02$1.60$1.87$0.27
2013Summary only. Only limited summary data is available for this year.$2.30$0.01$2.29$1.66$1.46$0.20
2012Summary only. Only limited summary data is available for this year.$2.09$0.00$2.09$1.00$1.31$0.30
2011Summary only. Only limited summary data is available for this year.$2.39$0.00$2.39$1.66$0.97$0.68