Civic Intelligence

Mustang Bon Foundation

990 • Fiscal year 2015 • EIN 46-0544333

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 09, 2016

18 Audubon LaneCarlisle, MA 01741

(978) 371-2015

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

80th percentile

22%

Higher net margin than 80% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

57th percentile

3.5%

Faster asset growth than 57% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

90th percentile

63%

Faster revenue growth than 90% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$334,200

Up $11,442 (+3.5%) from 2014

Net Assets

Up

$334,200

Up $11,442 (+3.5%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$505,550

Up $194,589 (+63%) from 2014

Expenses

Up

$394,108

Up $261,390 (+197%) from 2014

Net Income

Down

$111,442

Down $66,801 (-37%) from 2014

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $19,674Net Assets 2012: $19,6742012Assets 2013: $44,515Liabilities 2013: $0Net Assets 2013: $44,5152013Assets 2014: $322,758Liabilities 2014: $0Net Assets 2014: $322,7582014Assets 2015: $334,200Liabilities 2015: $0Net Assets 2015: $334,2002015Assets 2016: $490,247Liabilities 2016: $0Net Assets 2016: $490,2472016Assets 2017: $938,134Liabilities 2017: $0Net Assets 2017: $938,1342017Assets 2018: $1,251,224Liabilities 2018: $0Net Assets 2018: $1,251,2242018Assets 2019: $1,900,215Liabilities 2019: $0Net Assets 2019: $1,900,2152019Assets 2020: $1,640,952Liabilities 2020: $0Net Assets 2020: $1,640,9522020Assets 2021: $1,469,945Liabilities 2021: $0Net Assets 2021: $1,469,9452021Assets 2022: $391,338Liabilities 2022: $0Net Assets 2022: $391,3382022Assets 2023: $400,415Liabilities 2023: $0Net Assets 2023: $400,4152023Assets 2024: $248,579Liabilities 2024: $0Net Assets 2024: $248,5792024

Highlighted filing

2015

Assets$334,200
Liabilities$0
Net Assets$334,200

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2012: $49,885Expenses 2012: $30,211Net Income 2012: $19,6742012Revenue 2013: $135,646Expenses 2013: $110,805Net Income 2013: $24,8412013Revenue 2014: $310,961Expenses 2014: $132,718Net Income 2014: $178,2432014Revenue 2015: $505,550Expenses 2015: $394,108Net Income 2015: $111,4422015Revenue 2016: $560,499Expenses 2016: $305,283Net Income 2016: $255,2162016Revenue 2017: $641,437Expenses 2017: $193,329Net Income 2017: $448,1082017Revenue 2018: $417,647Expenses 2018: $104,557Net Income 2018: $313,0902018Revenue 2019: $754,640Expenses 2019: $105,649Net Income 2019: $648,9912019Revenue 2020: $351,187Expenses 2020: $611,684Net Income 2020: -$260,4972020Revenue 2021: $273,367Expenses 2021: $294,374Net Income 2021: -$21,0072021Revenue 2022: $226,592Expenses 2022: $1,305,199Net Income 2022: -$1,078,6072022Revenue 2023: $244,490Expenses 2023: $235,413Net Income 2023: $9,0772023Revenue 2024: $382,911Expenses 2024: $532,265Net Income 2024: -$149,3542024

Highlighted filing

2015

Revenue$505,550
Expenses$394,108
Net Income$111,442
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 9, 2016
Return Version
2015v2.0
Gross Receipts
$505,550
Mission and Program Overview

Mission

Part I.1 and Part III.1Our Mission Pointing Out the Great Way Foundation (POGWF) brings Indo-Tibetan meditation and teachings to Western students and nurtures and supports the community of practitioners. In turn, POGWF provides support back to the indigenous communities and lineage teachers to help them to preserve and restore their culture and traditions. Historically, POGWF generally has not provided programming to achieve its mission. The majority of our objectives involve directing donor funds to other organizations, both in the U.S. and abroad, who implement the stated projects. Our translation projects are a notable exception. POGWF is an all-volunteer organization.

Bon and the Buddhist great rDzogs Chen [Great Completion] Meditation traditions are being translated under the auspices of His Holiness Menri Trezin Dr. Daniel Brown and Geshe Sonam (a monk of the Bon tradition born in Nepal and educated under His Holiness Menri Trezin at the Menri Monastery in India.) to translate together the 11 books of the Self-Arising Threefold Embodiment of Enlightenment by Shar rdza Bkra Shis rGyal mTshan. This collection contains the most advanced meditations commonly practiced by the cave and hermitage yogis. These advanced meditations that complete the path to enlightenment, have never before been shown or translated in the West. The foundation spent $120,000 having them translated and they are in the process of being finalized and then published. The foundation spent $30,000 educating 30 Nepalese children in their culture and language up from 26 in 2014. The Foundation provided $29,982 for a Tibetan memorial mounument called a Stupa for the Tibetan Monk Raha

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$214,923$234,200▲ $19,277
Pledges and Grants Receivable$100,000$0▼ $100,000
Land, Buildings, and Equipment, Net-$100,000-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$322,758$334,200▲ $11,442
Other Assets Total$7,835$0▼ $7,835
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$322,758$334,200▲ $11,442
Total Net Assets Fund Balance$322,758$334,200▲ $11,442
Total Liabilities and Net Assets / Fund Balance$322,758$334,200▲ $11,442

Asset Categories

AssetBook ValueDepreciationBasis
Land$100,000-$100,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Karin CasePresident
Alan ScheflinDirector
Mark RoudebushDirector
Paul K LingDirector
Paula SacksDirector
Richard GlantzDirector
Richard ColmanSecretary
Paula SacksTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$505,550
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$505,550
Change in Net Assets
$111,442
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$394,108
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$190,374--$190,374
All Other Expenses$16,252--$16,252
Other Expenses$7,500--$7,500
Total Functional Expenses$394,108$0$0$394,108
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Pointing Out the Great Way Foundation
EIN
46-0544333
Phone
9783712015
Address
18 AUDUBON LANE, CARLISLE, MA 01741

Signing Officer

Name
Richard Colman
Title
Secretary
Signed
2016-08-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Colman
Formed
2012
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
0
Employees
0

Preparer

Firm
Colman Knight Advisory Group LLC
Address
18 Audubon Lane, Carlisle, MA 01741
Preparer
Richard K Colman
Phone
9783712015
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

LAND = -$100000

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

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IRS990/ActivityOrMissionDesc0Bon and the Buddhist great rDzogs Chen [Great Completion] Meditation traditions are being translated under the auspices of His Holiness Menri Trezin Dr. Daniel Brown and Geshe Sonam (a monk of the Bon tradition born in Nepal and educated under His Holiness Menri Trezin at the Menri Monastery in India.) to translate together the 11 books of the Self-Arising Threefold Embodiment of Enlightenment by Shar rdza Bkra Shis rGyal mTshan. This collection contains the most advanced meditations commonly practiced by the cave and hermitage yogis. These advanced meditations that complete the path to enlightenment, have never before been shown or translated in the West. The foundation spent $120,000 having them translated and they are in the process of being finalized and then published. The foundation spent $30,000 educating 30 Nepalese children in their culture and language up from 26 in 2014. The Foundation provided $29,982 for a Tibetan memorial mounument called a Stupa for the Tibetan Monk Raha
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IRS990/Desc0As part of the Foundations mission it has funded translating one of the most important texts of the Bon Tradition of Indo-Tibetan Buddhism, namely the A Khrid system [A Practical Guide to the Final Attainment]. The Foundation, through Daniel Brown,Ph.D. obtained permission for translating this root text and its auto-commentary from His Holiness Menri Trizin, the spiritual leader of the Bon Tradition of Tibetan Buddhism and Head Abbott of Menri Monastery, Dolanji, India. The Foundation paid Dr. Daniel Brown for his time to translate the text and with permission of the Bon sect obtained a Nepalese scholar and Tibetan lama to work with Dr. Brown. As it was significantly cheaper to bring a Tibetan monk to the United States then to send a US Tibetan scholar to India, the Foundation funded travel for Geshe Sonam Gurang, a Nepalese native and practicing monk and former personal assistant to H.H. Menri Trizin, and expert in the Bon Tradition of Indo-Tibetan Buddhism, to share his knowledge in the United States.The Foundation continued its activities started in 2013 and has been active in its support of the Mustang Cultural and Educational Center established by Geshe Sonam Gurang in is home area of Mustang, Nepal. The local farmers in that area are struggling because the Kalicandaki River doesn't flow much into the region any longer. To assist with the survival of the farms most of the local children have been pulled out of school to work the dying farms. The Foundation paid for Dr. Brown to attend a dedication at the end of May for the water project. The project was completed with the help of Foundation funds in 2014. In exchange for supplying the irrigation the local farmers have agreed to not pull their children from school, and allow them to attend boarding school in Jomson. The Foundation helped sponsor 30 children in 2015. The foundation sponsored a film to show the revitalization of the area and to act as a sequel to the previous documentary made called "Bon: From Mustang to Menri." This area of Mustang was historically a strong Tibetan Bon area, but since having become annexed as part of Nepal the local Tibetan people rarely learn their own Tibetan language, history and culture or religious practices, and the unbroken transmission of indigenous Tibetan meditation teachings from generation-to-generation form over 2,000 years is at risk of extinction in this generation. In addition to receiving a sound general education, these children will all learn their indigenous Tibetan language history and culture. Our hope is to sustain Tibetan culture in this geographic area by rebooting Tibetan culture for the younger generation. In addition, the Foundation funded the building of a Cultural Center so that the traditional Tibetan weaving, boot making, and thanka painting arts can be passed down to the younger generation. Lastly, the last surviving Bon monastery and temple in this area was looted and destroyed some time ago. Geshe Sonam Gurang was sent to Menri Monastery at the age of 9 to train as a monk. He completed his 14-year Geshe degree there, and now in his early 40s he has returned to the Mustang area to bring Bon Tibetan practices back to his people. This cultural center being built in Pingling Village in Mustang area of Nepal is part of the mission of the Foundation to assist the indigenous people who are supplying the West with their spiritual traditions. Dr. Brown led a group of 10 Westerners to the Nepalese village of Pingling in the Mustang Province of Nepal in September of 2015. The Westerners interacted with 30 Tibetan children living in Nepal who are educated by the foundation. The Foundation members and others who attended were able to receive the gratitude of the villagers who saw their culture being revived after two generations. Each Foundation sponsor of a child was given a biography and photo of the sponsored child. Dr. Brown traveled to Menri Monastery in February 2015 to meet with His Holiness Menri Trezin to disc
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IRS990/MissionDesc0THE OBJECTIVE OF THIS FOUNDATION IS TO REVITALIZE, AND PRESERVE THE POINTING OUT STYLE OF INDO-TIBETAN BUDDHISM AND TRANSLATE THESE TEACHINGS INTO A BODY OF MEDITATION AND RELATED SPIRITUAL PRACTICES THAT BOTH PRESERVES THE HEART OF THE ORIGINAL, INDIGENOUS TEACHINGS, WHILE MAKING THESE TEACHINGS ACCESSIBLE,UNDERSTANDABLE, AND SUCCESSFULLY IMPLEMENTABLE IN THE FORM OF STEP-BY-STEP MEDITATION PRACTICE INSTRUCTIONS, AND THEIR APPLICATION OF ALL ASPECTS OF DAILY LIVING, THAT BRING ABOUT AUTHENTIC REALIZATIONS FOR WESTERNERS ALONG THE PATH OF INDO-TIBETAN SPIRITUAL PRACTICE,
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0135646
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IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0322758
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IRS990/USAddress/CityNm0CARLISLE
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001741
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD COLMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0POINTING OUT THE GREAT WAY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0POIN
ReturnHeader/Filer/EIN0460544333
ReturnHeader/Filer/PhoneNum09783712015
ReturnHeader/Filer/USAddress/AddressLine1Txt018 AUDUBON LANE
ReturnHeader/Filer/USAddress/CityNm0CARLISLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001741
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Colman Knight Advisory Group LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt018 Audubon Lane
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Carlisle
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001741
ReturnHeader/PreparerPersonGrp/PhoneNum09783712015
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Richard K Colman
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-08-09T08:19:09-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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