Civic Intelligence

Heart Mind Foundation

990EZ • Fiscal year 2018 • EIN 47-1139341

Jan 01, 2018 to Dec 31, 2018 • Filed on Dec 02, 2019

7 Desota StreetAsheville, NC 28806

(828) 777-3007

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

84th percentile

39%

Higher net margin than 84% of similar nonprofits.

2018 filings • NTEE W • <$500k nonprofits • Source year 2018

Top Officer Pay

88th percentile

$8,383

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

2018 filings • NTEE W • <$500k nonprofits • Source year 2018

Asset Growth

98th percentile

270%

Faster asset growth than 98% of similar nonprofits.

2018 filings • NTEE W • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

90th percentile

113%

Faster revenue growth than 90% of similar nonprofits.

2018 filings • NTEE W • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$18,958

Up $13,830 (+270%) from 2017

Net Assets

$18,958

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$99,642

Up $52,959 (+113%) from 2017

Expenses

Up

$60,812

Up $17,996 (+42%) from 2017

Net Income

Up

$38,830

Up $34,963 (+904%) from 2017

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2015: $11,744Net Assets 2015: $11,7442015Assets 2016: $1,261Net Assets 2016: $1,2612016Assets 2017: $5,128Liabilities 2017: $02017Assets 2018: $18,958Net Assets 2018: $18,9582018Assets 2019: $21,208Net Assets 2019: $21,2082019Assets 2020: $146,909Liabilities 2020: $0Net Assets 2020: $146,9092020Assets 2021: $14,389Liabilities 2021: $8Net Assets 2021: $14,3812021Assets 2022: $40,179Liabilities 2022: $0Net Assets 2022: $40,1792022Assets 2023: $15,737Liabilities 2023: $0Net Assets 2023: $15,7372023Assets 2024: $38,777Liabilities 2024: $0Net Assets 2024: $38,7772024

Highlighted filing

2018

Assets$18,958
Liabilities-
Net Assets$18,958

Operations Trend

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

$400K$200K$0-$200KRevenue 2015: $95,872Expenses 2015: $92,082Net Income 2015: $3,7902015Revenue 2016: $70,844Expenses 2016: $81,327Net Income 2016: -$10,4832016Revenue 2017: $46,683Expenses 2017: $42,816Net Income 2017: $3,8672017Revenue 2018: $99,642Expenses 2018: $60,812Net Income 2018: $38,8302018Revenue 2019: $138,539Expenses 2019: $136,289Net Income 2019: $2,2502019Revenue 2020: $370,962Expenses 2020: $245,261Net Income 2020: $125,7012020Revenue 2021: $226,599Expenses 2021: $359,127Net Income 2021: -$132,5282021Revenue 2022: $270,643Expenses 2022: $244,845Net Income 2022: $25,7982022Revenue 2023: $136,170Expenses 2023: $160,612Net Income 2023: -$24,4422023Revenue 2024: $114,709Expenses 2024: $91,669Net Income 2024: $23,0402024

Highlighted filing

2018

Revenue$99,642
Expenses$60,812
Net Income$38,830
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Dec 2, 2019
Return Version
2018v3.1
Gross Receipts
$99,642
Mission and Program Overview

Mission

How can we serve the convergence of buddhism with technology and global culture?

Program Services

DescriptionGrantsExpenses
IN 2018 WE CONTINUED TO RELEASE NEW EPISODES OF THE FREELY OFFERED BUDDHIST GEEKS PODCAST,INCLUDING 12 NEW EPISODES. IN ADDITION TO THE ARCHIVED EPISODES, THE BUDDHIST GEEKS PODCAST, RECEIVED A TOTAL OF 760,239 LISTENS IN 2018. IN ADDITION TO RUNNING THE PODCAST, WE ALSO HOSTED A WEEK-LONG IN-PERSON PRAGMATIC DHARMA RETREAT, CO-FACILITATED BY TEACHERS VINCENT HORN & KENNETH FOLK. 20 PEOPLE ATTENDED THE RETREAT, FROM JUNE 24TH - JULY 1ST, 2018. IN 2018 WE ALSO LAUNCHED A NEW EDUCATIONAL PROGRAM, CALLED THE PRAGMATIC DHARMA TRAINING. LAUNCHED IN NOVEMBER 2018, THIS ONGOING VIRTUAL TRAINING HAS 60 PARTICIPANTS, MEETING ON A WEEKLY BASIS, ALONG WITH FACILITATOR/TEACHER, VINCENT HORN. LASTLY, BUDDHIST GEEKS PARTICIPATED, AND HELPED ORGANIZE 3 IN-PERSON EVENTS, PARTNERING WITH THE FOLLOWING ORGANIZATIONS: INSIGHTLA, CONSCIOUSNESS HACKING, & THE SAN FRANCISCO DHARMA COLLECTIVE. WE HOSTED A NUMBER OF LOCAL MEET-UPS & EVENTS IN ASHVILLE, NORTH CAROLINA AND IN WINSTON-SALEM, NORTH CAROLINA.-$50,107
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
VINCENT HORNPresident-$8,383-$8,383
KATE GARYINSecretary-$0--
RYAN OELKEFinancial Of-$0--
Filing and Contact Details

Filer

Filer Name
Heart Mind Foundation
EIN
47-1139341
Address
7 DESOTA STREET, ASHEVILLE, NC 28806

Signing Officer

Name
Vincent Horn
Title
President
Phone
8287773007
Signed
2019-12-02

Preparer

Firm
Boulder CPA Group
Address
1790 30TH ST STE 418, BOULDER, CO 80301
Preparer
Carol Bailiff CPA
Phone
3034493060
Supplemental Narrative

Additional Explanations

Form 990-ez, Page 1, Item C

BUDDHIST GEEKS

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 2,653 office 1,031 information technology 8,315 travel 3,475 bank service charges 2,464 professional pub 84 charity 148 computer & internet 680 meals & entertainment 558 contract services 300 teacher pay 19,216 creative tools 1,206 stripe processing fees 15 telephone 40 program service expense 18,641 other costs 50 total 58,876

Form 990-ez, Part I, Line 20

LOAN REPAYMENT -25,000

Form 990-ez, Part III

How can we serve the convergence of buddhism with technology and global culture?

Form 990-ez, Part III, Line 28

In 2018 we continued to release new episodes of the freely offered buddhist geeks podcast,including 12 new episodes. In addition to the archived episodes, the buddhist geeks podcast, received a total of 760,239 listens in 2018. In addition to running the podcast, we also hosted a week-long in-person pragmatic dharma retreat, co-facilitated by teachers vincent horn & kenneth folk. 20 people attended the retreat, from june 24th - july 1st, 2018. In 2018 we also launched a new educational program, called the pragmatic dharma training. Launched in november 2018, this ongoing virtual training has 60 participants, meeting on a weekly basis, along with facilitator/teacher, vincent horn. Lastly, buddhist geeks participated, and helped organize 3 in-person events, partnering with the following organizations: insightla, consciousness hacking, & the san francisco dharma collective. We hosted a number of local meet-ups & events in ashville, north carolina and in winston-salem, north carolina.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN 2018 WE CONTINUED TO RELEASE NEW EPISODES OF THE FREELY OFFERED BUDDHIST GEEKS PODCAST,INCLUDING 12 NEW EPISODES. IN ADDITION TO THE ARCHIVED EPISODES, THE BUDDHIST GEEKS PODCAST, RECEIVED A TOTAL OF 760,239 LISTENS IN 2018. IN ADDITION TO RUNNING THE PODCAST, WE ALSO HOSTED A WEEK-LONG IN-PERSON PRAGMATIC DHARMA RETREAT, CO-FACILITATED BY TEACHERS VINCENT HORN & KENNETH FOLK. 20 PEOPLE ATTENDED THE RETREAT, FROM JUNE 24TH - JULY 1ST, 2018. IN 2018 WE ALSO LAUNCHED A NEW EDUCATIONAL PROGRAM, CALLED THE PRAGMATIC DHARMA TRAINING. LAUNCHED IN NOVEMBER 2018, THIS ONGOING VIRTUAL TRAINING HAS 60 PARTICIPANTS, MEETING ON A WEEKLY BASIS, ALONG WITH FACILITATOR/TEACHER, VINCENT HORN. LASTLY, BUDDHIST GEEKS PARTICIPATED, AND HELPED ORGANIZE 3 IN-PERSON EVENTS, PARTNERING WITH THE FOLLOWING ORGANIZATIONS: INSIGHTLA, CONSCIOUSNESS HACKING, & THE SAN FRANCISCO DHARMA COLLECTIVE. WE HOSTED A NUMBER OF LOCAL MEET-UPS & EVENTS IN ASHVILLE, NORTH CAROLINA AND IN WINSTON-SALEM, NORTH CAROLINA.
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