Civic Intelligence

Nitartha International

990 • Fiscal year 2014 • EIN 13-3812598

Jul 01, 2013 to Jun 30, 2014 • Filed on Apr 24, 2015

3902 Woodland Park Ave NSeattle, WA 98103

(206) 985-8887

Siviq Scores

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

Liabilities / Assets

95th percentile

1.10x

Higher debt load relative to assets than 95% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

95th percentile

1.05x

Higher debt load relative to revenue than 95% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

14th percentile

-24%

Higher net margin than 14% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

90th percentile

$42,000

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 19.1% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

93rd percentile

139%

Faster asset growth than 93% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

18th percentile

-27%

Faster revenue growth than 18% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$208,653

Up $121,452 (+139%) from 2013

Net Assets

Down

-$21,016

Down $52,574 (-167%) from 2013

Liabilities

Up

$229,669

Up $174,026 (+313%) from 2013

Revenue

Down

$219,553

Down $81,801 (-27%) from 2013

Expenses

Down

$272,145

Down $81,863 (-23%) from 2013

Net Income

Up

-$52,592

Up $62 (+0.1%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2010: $159,775Liabilities 2010: $86,369Net Assets 2010: $73,4062010Assets 2011: $188,124Liabilities 2011: $75,931Net Assets 2011: $112,1932011Assets 2012: $130,960Liabilities 2012: $46,748Net Assets 2012: $84,2122012Assets 2013: $87,201Liabilities 2013: $55,643Net Assets 2013: $31,5582013Assets 2014: $208,653Liabilities 2014: $229,669Net Assets 2014: -$21,0162014Assets 2015: $348,409Liabilities 2015: $327,444Net Assets 2015: $20,9652015Assets 2016: $245,243Liabilities 2016: $91,353Net Assets 2016: $153,8902016Assets 2017: $213,752Liabilities 2017: $54,301Net Assets 2017: $159,4512017Assets 2018: $188,496Liabilities 2018: $58,195Net Assets 2018: $130,3012018Assets 2019: $308,636Liabilities 2019: $128,075Net Assets 2019: $180,5612019Assets 2020: $482,412Liabilities 2020: $139,595Net Assets 2020: $342,8172020Assets 2021: $614,585Liabilities 2021: $137,513Net Assets 2021: $477,0722021Assets 2022: $784,510Liabilities 2022: $131,285Net Assets 2022: $653,2252022Assets 2023: $737,882Liabilities 2023: $145,764Net Assets 2023: $592,1182023Assets 2024: $824,393Liabilities 2024: $145,768Net Assets 2024: $678,6252024

Highlighted filing

2014

Assets$208,653
Liabilities$229,669
Net Assets-$21,016

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $388,533Expenses 2010: $451,825Net Income 2010: -$63,2922010Expenses 2011: $395,2442011Revenue 2012: $329,207Expenses 2012: $356,323Net Income 2012: -$27,1162012Revenue 2013: $301,354Expenses 2013: $354,008Net Income 2013: -$52,6542013Revenue 2014: $219,553Expenses 2014: $272,145Net Income 2014: -$52,5922014Revenue 2015: $490,516Expenses 2015: $448,535Net Income 2015: $41,9812015Revenue 2016: $423,341Expenses 2016: $354,921Net Income 2016: $68,4202016Revenue 2017: $429,235Expenses 2017: $418,385Net Income 2017: $10,8502017Revenue 2018: $377,857Expenses 2018: $407,007Net Income 2018: -$29,1502018Revenue 2019: $424,817Expenses 2019: $374,557Net Income 2019: $50,2602019Revenue 2020: $353,309Expenses 2020: $192,554Net Income 2020: $160,7552020Revenue 2021: $370,013Expenses 2021: $235,758Net Income 2021: $134,2552021Revenue 2022: $450,873Expenses 2022: $274,720Net Income 2022: $176,1532022Revenue 2023: $470,569Expenses 2023: $531,676Net Income 2023: -$61,1072023Revenue 2024: $780,419Expenses 2024: $707,009Net Income 2024: $73,4102024

Highlighted filing

2014

Revenue$219,553
Expenses$272,145
Net Income-$52,592
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Apr 24, 2015
Return Version
2013v4.0
Gross Receipts
$219,553
Mission and Program Overview

Mission

Preservation and modern publication of ancient endangered asian texts in print and digital formats and support for traditional educational systems for contemporary scholarly use.

Preservation of ancient Asian texts and education of Tibetan philosophy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$70,552$119,119▲ $48,567
Investments in Publicly Traded Securities$14,029$70,860▲ $56,831
Prepaid Expenses and Deferred Charges$1,301$16,823▲ $15,522
Savings and Temporary Cash Investments$1,319$1,851▲ $532
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$87,201$208,653▲ $121,452
Liabilities
Deferred Revenue$26,870$216,965▲ $190,095
Unsecured Notes Loans Payable$12,000$12,000→ $0
Accounts Payable and Accrued Expenses$16,773$704▼ $16,069
Total Liabilities$55,643$229,669▲ $174,026
Net Assets / Fund Balance
Unrestricted Net Assets$31,558$-21,016▼ $52,574
Total Net Assets Fund Balance$31,558$-21,016▼ $52,574
Total Liabilities and Net Assets / Fund Balance$87,201$208,653▲ $121,452

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$16,566$16,566
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tim WaltonExecutive V.P.FT$42,000$42,000
Dzogchen Ponlop RinpocheBoard Chair/CEO-$18,000$18,000
Golde GurungCo-Director-$15,000$15,000
Jirka HladisDistance Learning Director-$945$945

Board Members and Trustees

NameTitle
Phil StanleyCo-Director
Scott WellenbachCo-Director
Tashi WangmoCo-Director
Martin MarvetDirector
Stuart HornFaculty Council
Lynne Conrad MarvetTreasurer/COO
Revenue and Support

Revenue Composition

Contributions and Grants
$93,611
Program Service Revenue
$125,679
Investment Income
$3
Other Revenue
$260
All Other Contributions
$93,611
Change in Net Assets
$-52,592
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$161,908
Salaries, Compensation, and Employee Benefits$82,383
Grants and Similar Amounts Paid$27,854
Total Fundraising Expense$21,894
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$80,866$10-$80,876
Current Officers, Directors, Trustees, and Key Employees$53,868$12,077$10,000$75,945
Grants to Domestic Individuals$27,854--$27,854
Fees for Services Other$14,627--$14,627
Office Expenses$4,796$5,732$1,753$12,281
Information Technology$5,953$2,955$498$9,406
Travel$8,031-$178$8,209
Fees for Services Management--$7,500$7,500
Payroll Taxes$3,060$1,848$1,530$6,438
Fees for Services Accounting-$6,186-$6,186
Other Expenses$3,699$116-$3,699
Fees for Services Legal-$2,549-$2,549
Advertising$1,182$356$435$1,973
Total Functional Expenses$218,422$31,829$21,894$272,145
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 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

Governance Explanations

Form 990, Part VI, Section A, line 2

Lynne Conrad Marvet and Martin Marvet are married.

Form 990, Part VI, Section B, line 11

The 990 draft is prepared under the direction of a board member (the COO), and reviewed by the board of trustees, the governing body.

Form 990, Part VI, Section B, line 12C

A lawyer on the Board of Trustees reviews any Trustee's transaction that may conflict with corporate interests.

Form 990, Part VI, Section C, line 19

The governing documents are available at Nitartha headquarters upon request.

Filing and Contact Details

Filer

EIN
13-3812598
Phone
2069858887

Signing Officer

Name
Lynne Conrad Marvet
Title
Treasurer/COO
Phone
2069858887
Signed
2015-04-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lynne Conrad Marvet
Formed
1994
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
7
Employees
1
Volunteers
50

Preparer

Preparer
Howard Donkin CPA
Phone
2066288990
Supplemental Narrative

Financial Statement Notes

Part III, Line 1A:

None. Nitartha International does not receive audited financial statements.

Part III, Line 4:

Nitartha International is registered in NY as a collecting institution and regulated by the NY Board of Regents. The corporation maintains collections of Tibetan texts and art which provide the source materials for the Text Preservation program and output of publications programs. The collection has scholarly, cultural and artistic value.

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IRS990/PYTotalRevenueAmt0301354
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-52592
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0122432
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01319
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01851
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt093611
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt074141
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt088101
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0132178
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0158483
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0546514
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt016
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt091
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt067
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0167
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0344
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01116416
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0260
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0735
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0306
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02482
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt07985
IRS990ScheduleA/OtherIncome170Grp/TotalAmt011768
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.44910
IRS990ScheduleA/PublicSupportPY170Pct00.40130
IRS990ScheduleA/PublicSupportTotal170Amt0250897
IRS990ScheduleA/SubstantialContributorsTotAmt0295617
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt093611
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt074141
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt088101
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0132178
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0158483
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0546514
IRS990ScheduleA/TotalSupportAmt0558626
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedScholarlyRsrchInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt016566
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt016566
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0None. Nitartha International does not receive audited financial statements.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Nitartha International is registered in NY as a collecting institution and regulated by the NY Board of Regents. The corporation maintains collections of Tibetan texts and art which provide the source materials for the Text Preservation program and output of publications programs. The collection has scholarly, cultural and artistic value.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part III, Line 1a:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part III, Line 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt027854
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Discounted Tuition and Room & Board
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Discounted Tuition
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt017
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Lynne Conrad Marvet and Martin Marvet are married.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 990 draft is prepared under the direction of a board member (the COO), and reviewed by the board of trustees, the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A lawyer on the Board of Trustees reviews any Trustee's transaction that may conflict with corporate interests.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The governing documents are available at Nitartha headquarters upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt087201
IRS990/TotalAssetsEOYAmt0208653
IRS990/TotalAssetsGrp/BOYAmt087201
IRS990/TotalAssetsGrp/EOYAmt0208653
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt093611
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt021894
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt031829
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0218422
IRS990/TotalFunctionalExpensesGrp/TotalAmt0272145
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt055643
IRS990/TotalLiabilitiesEOYAmt0229669
IRS990/TotalLiabilitiesGrp/BOYAmt055643
IRS990/TotalLiabilitiesGrp/EOYAmt0229669
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt031558
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-21016
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt03409
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt03409
IRS990/TotalProgramServiceExpensesAmt0218422
IRS990/TotalProgramServiceRevenueAmt0125679
IRS990/TotalReportableCompFromOrgAmt075945
IRS990/TotalRevenueGrp/ExclusionAmt0263
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0125679
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0219553
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt087201
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0208653
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt0178
IRS990/TravelGrp/ProgramServicesAmt08031
IRS990/TravelGrp/TotalAmt08209
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt031558
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-21016
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt012000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt012000
IRS990/UponRequestInd0X

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.24$1.46$6.79$7.80$7.07$0.73
2023Detailed filing. Detailed filing data is available for this year.$7.38$1.46$5.92$4.71$5.32$0.61
2022Detailed filing. Detailed filing data is available for this year.$7.85$1.31$6.53$4.51$2.75$1.76
2021Detailed filing. Detailed filing data is available for this year.$6.15$1.38$4.77$3.70$2.36$1.34
2020Detailed filing. Detailed filing data is available for this year.$4.82$1.40$3.43$3.53$1.93$1.61
2019Detailed filing. Detailed filing data is available for this year.$3.09$1.28$1.81$4.25$3.75$0.50
2018Detailed filing. Detailed filing data is available for this year.$1.88$0.58$1.30$3.78$4.07$0.29
2017Detailed filing. Detailed filing data is available for this year.$2.14$0.54$1.59$4.29$4.18$0.11
2016Detailed filing. Detailed filing data is available for this year.$2.45$0.91$1.54$4.23$3.55$0.68
2015Detailed filing. Detailed filing data is available for this year.$3.48$3.27$0.21$4.91$4.49$0.42
2014Detailed filing. Detailed filing data is available for this year.$2.09$2.30$0.21$2.20$2.72$0.53
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.56$0.32$3.01$3.54$0.53
2012Summary only. Only limited summary data is available for this year.$1.31$0.47$0.84$3.29$3.56$0.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.76$1.12$3.95
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.60$0.86$0.73$3.89$4.52$0.63