Civic Intelligence

Heart Mind Foundation

990 • Fiscal year 2022 • EIN 47-1139341

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 31, 2023

14 Three J LaneSwannanoa, NC 28778

(828) 777-3007

Siviq Scores

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

Liabilities / Assets

70th percentile

0.00x

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

2022 filings • NTEE W99 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

72nd percentile

0.00x

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

2022 filings • NTEE W99 • <$500k nonprofits • Source year 2022

Net Margin

52nd percentile

9.5%

Higher net margin than 52% of similar nonprofits.

2022 filings • NTEE W99 • <$500k nonprofits • Source year 2022

Top Officer Pay

97th percentile

$35,311

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 13.0% of source-year revenue.

2022 filings • NTEE W99 • <$500k nonprofits • Source year 2022

Asset Growth

93rd percentile

179%

Faster asset growth than 93% of similar nonprofits.

2022 filings • NTEE W99 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

59th percentile

19%

Faster revenue growth than 59% of similar nonprofits.

2022 filings • NTEE W99 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$40,179

Up $25,790 (+179%) from 2021

Net Assets

Up

$40,179

Up $25,798 (+179%) from 2021

Liabilities

Down

$0

Down $8 (-100%) from 2021

Revenue

Up

$270,643

Up $44,044 (+19%) from 2021

Expenses

Down

$244,845

Down $114,282 (-32%) from 2021

Net Income

Up

$25,798

Up $158,326 (+119%) from 2021

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

2022

Assets$40,179
Liabilities$0
Net Assets$40,179

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

2022

Revenue$270,643
Expenses$244,845
Net Income$25,798
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 31, 2023
Return Version
2022v5.0
Gross Receipts
$270,643
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$11,192$37,789▲ $26,597
Land, Buildings, and Equipment, Net$3,197$2,390▼ $807
Total Assets$14,389$40,179▲ $25,790
Liabilities
Other Liabilities$8--
Total Liabilities$8$0▼ $8
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,381$40,179▲ $25,798
Total Net Assets Fund Balance$14,381$40,179▲ $25,798
Total Liabilities and Net Assets / Fund Balance$14,389$40,179▲ $25,790

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,390$1,647$4,037
Compensation and Service Providers

Employees

NameTitleBaseTotal
Vincent HornPresident$35,311$35,311
Ryan OelkeFinancial of$9,738$9,738

Board Members and Trustees

NameTitle
Kate GarvinSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$253,471
Program Service Revenue
$17,172
Investment Income
$0
Other Revenue
$0
All Other Contributions
$253,471
Change in Net Assets
$25,798
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$187,054
Salaries, Compensation, and Employee Benefits$57,732
Total Fundraising Expense$5,293
Grants and Similar Amounts Paid$59
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$123,066--$123,066
Current Officers, Directors, Trustees, and Key Employees$35,066$6,452$3,531$45,049
Travel$11,817$11,817-$23,634
Information Technology$11,098$1,387$1,387$13,872
Other Employee Benefits$9,587--$9,587
All Other Expenses$4,148$705-$4,853
Other Expenses$3,493$2,024-$3,493
Payroll Taxes$3,096--$3,096
Office Expenses$21$1,152-$1,173
Fees for Services Accounting-$1,170-$1,170
Depreciation Depletion$807--$807
Advertising--$375$375
Insurance-$344-$344
Grants to Domestic Orgs$59--$59
Interest-$37-$37
Total Functional Expenses$214,464$25,088$5,293$244,845
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Board of directors reviews tax return before it is signed and filed.

Form 990, Page 6, Part VI, Line 19

UPON WRITTEN REQUEST

Filing and Contact Details

Filer

Filer Name
Heart Mind Foundation
EIN
47-1139341
Address
14 THREE J LANE, SWANNANOA, NC 28778
Doing Business As
Buddhist Geeks

Signing Officer

Name
Ryan Oelke
Title
Financial Officer
Phone
8287773007
Signed
2023-10-31

Organization Details

Principal Officer
Ryan Oelke
Formed
2014
Legal Domicile
Nc
Voting Board Members
3
Independent Board Members
3
Employees
1
Volunteers
3

Preparer

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

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Podcast in 2022 we continued to release new episodes of the freely offered buddhist geeks podcast,including 6 new episodes. In addition to the archived episodes, the buddhist geeks podcast, received a total of 1,883,286 podcast listens in 2022, making a combined 2.3 million listens from 2018 2022. Youtube in 2022 we released 11 new public clips to the buddhist geeks youtube channel. In addition to the archived clips, we received 17,649 views for a total of 1,885 watch hours. Retreats in 2022 we held one week-long mindfulness retreat online, with 60 participantsand 4 mindfulness teachers. We also held 3 in-person week-long retreats in 2022, including 16 participants at the garrison institute in new yorl, 18 participants at moulin de chaves in france, and an annual teacher's retreat for 14 participants in western north carolina. In total we hosted 108 participants in week-long meditation retreats. Trainings in 2022 we continued our 10-week virtual training opportunities, with 6 different teachers running 3 unique training programs with 137 registered training participants, who donated a total of 27,739.00 to support these trainings over the course of the year. In 2022, we completed a 2-year teacher training program cohort, working closely with 11 long-term students who trained and graduated as dharma, meditation, & mindfulness teachers with buddhist geeks. Mentoring in 2022 we had 6 teachers offer a total of 257 contact hours with private students, supporting them personally with the development of their contemplative practice. Our teachers operate on a transparent generosity basis, and received an average donation of 115 / hour in 2022 for a total of 29,840 in donations. Network in 2022 we continued to operate our private social network and live event space for our community, the buddhist geeks network. Operating on the mighty networks platform this network was sustained by totally optional donations, receiving a total of 17,898 from network members in 2022. In the last month of the year, december 2022, we had 1,231 total members, and 194 active members on the network. We also launched a weekly community event in the summer of 2022, dharma gatherings, which was offered 25 times, led by 12 different teachers, and was supported by optional donations totaling 3,900. Partnerships in 2022 we were awarded 2 new grants, one from the gehm lab & templeton foundation in the amount of 50,000 cad, in order to study the science of social meditation. The other came from the hemera foundation & lenz foundation, in the amount of 22,000 usd in order to kick-start a mew community podcast series called our beloved teachers.

Form 990, Part IX, Line 11G

Outside contract services 18,729 0 0 teacher pay 104,337 0 0 total 123,066 0 0

Raw XML Appendix325 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PODCAST IN 2022 WE CONTINUED TO RELEASE NEW EPISODES OF THE FREELY OFFERED BUDDHIST GEEKS PODCAST,INCLUDING 6 NEW EPISODES. IN ADDITION TO THE ARCHIVED EPISODES, THE BUDDHIST GEEKS PODCAST, RECEIVED A TOTAL OF 1,883,286 PODCAST LISTENS IN 2022, MAKING A COMBINED 2.3 MILLION LISTENS FROM 2018 2022. YOUTUBE IN 2022 WE RELEASED 11 NEW PUBLIC CLIPS TO THE BUDDHIST GEEKS YOUTUBE CHANNEL. IN ADDITION TO THE ARCHIVED CLIPS, WE RECEIVED 17,649 VIEWS FOR A TOTAL OF 1,885 WATCH HOURS. RETREATS IN 2022 WE HELD ONE WEEK-LONG MINDFULNESS RETREAT ONLINE, WITH 60 PARTICIPANTSAND 4 MINDFULNESS TEACHERS. WE ALSO HELD 3 IN-PERSON WEEK-LONG RETREATS IN 2022, INCLUDING 16 PARTICIPANTS AT THE GARRISON INSTITUTE IN NEW YORL, 18 PARTICIPANTS AT MOULIN DE CHAVES IN FRANCE, AND AN ANNUAL TEACHER'S RETREAT FOR 14 PARTICIPANTS IN WESTERN NORTH CAROLINA. IN TOTAL WE HOSTED 108 PARTICIPANTS IN WEEK-LONG MEDITATION RETREATS. TRAININGS IN 2022 WE CONTINUED OUR 10-WEEK VIRTUAL TRAINING OPPORTUNITIES, WITH 6 DIFFERENT TEACHERS RUNNING 3 UNIQUE TRAINING PROGRAMS WITH 137 REGISTERED TRAINING PARTICIPANTS, WHO DONATED A TOTAL OF 27,739.00 TO SUPPORT THESE TRAININGS OVER THE COURSE OF THE YEAR. IN 2022, WE COMPLETED A 2-YEAR TEACHER TRAINING PROGRAM COHORT, WORKING CLOSELY WITH 11 LONG-TERM STUDENTS WHO TRAINED AND GRADUATED AS DHARMA, MEDITATION, & MINDFULNESS TEACHERS WITH BUDDHIST GEEKS. MENTORING IN 2022 WE HAD 6 TEACHERS OFFER A TOTAL OF 257 CONTACT HOURS WITH PRIVATE STUDENTS, SUPPORTING THEM PERSONALLY WITH THE DEVELOPMENT OF THEIR CONTEMPLATIVE PRACTICE. OUR TEACHERS OPERATE ON A TRANSPARENT GENEROSITY BASIS, AND RECEIVED AN AVERAGE DONATION OF 115 / HOUR IN 2022 FOR A TOTAL OF 29,840 IN DONATIONS. NETWORK IN 2022 WE CONTINUED TO OPERATE OUR PRIVATE SOCIAL NETWORK AND LIVE EVENT SPACE FOR OUR COMMUNITY, THE BUDDHIST GEEKS NETWORK. OPERATING ON THE MIGHTY NETWORKS PLATFORM THIS NETWORK WAS SUSTAINED BY TOTALLY OPTIONAL DONATIONS, RECEIVING A TOTAL OF 17,898 FROM NETWORK MEMBERS IN 2022. IN THE LAST MONTH OF THE YEAR, DECEMBER 2022, WE HAD 1,231 TOTAL MEMBERS, AND 194 ACTIVE MEMBERS ON THE NETWORK. WE ALSO LAUNCHED A WEEKLY COMMUNITY EVENT IN THE SUMMER OF 2022, DHARMA GATHERINGS, WHICH WAS OFFERED 25 TIMES, LED BY 12 DIFFERENT TEACHERS, AND WAS SUPPORTED BY OPTIONAL DONATIONS TOTALING 3,900. PARTNERSHIPS IN 2022 WE WERE AWARDED 2 NEW GRANTS, ONE FROM THE GEHM LAB & TEMPLETON FOUNDATION IN THE AMOUNT OF 50,000 CAD, IN ORDER TO STUDY THE SCIENCE OF SOCIAL MEDITATION. THE OTHER CAME FROM THE HEMERA FOUNDATION & LENZ FOUNDATION, IN THE AMOUNT OF 22,000 USD IN ORDER TO KICK-START A MEW COMMUNITY PODCAST SERIES CALLED OUR BELOVED TEACHERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS REVIEWS TAX RETURN BEFORE IT IS SIGNED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON WRITTEN REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OUTSIDE CONTRACT SERVICES 18,729 0 0 TEACHER PAY 104,337 0 0 TOTAL 123,066 0 0
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RYAN OELKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FINANCIAL OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum08287773007
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-31
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ReturnHeader/Filer/USAddress/AddressLine1Txt014 THREE J LANE
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOULDER CPA GROUP
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOULDER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
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ReturnHeader/PreparerPersonGrp/PhoneNum03034493060
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN H DAVID CPA
ReturnHeader/ReturnTs02023-11-01T10:15:24-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RYAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OELKE
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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