Civic Intelligence

Maharishi Global Development Fund

990 • Fiscal year 2015 • EIN 52-2052522

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 10, 2016

Organization ProfileNONE
PO Box 1720Fairfield, IA 52556

(641) 472-5191

Siviq Scores

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

Liabilities / Assets

8th percentile

0.01x

Higher debt load relative to assets than 8% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

47th percentile

0.38x

Higher debt load relative to revenue than 47% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Net Margin

2nd percentile

-112%

Higher net margin than 2% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

5th percentile

$60,000

Higher top officer pay than 5% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Asset Growth

26th percentile

-2.1%

Faster asset growth than 26% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

6th percentile

-41%

Faster revenue growth than 6% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets8th percentile

Assets

Down

$77,653,835

Down $1,695,306 (-2.1%) from 2014

Net Assets

Down

$77,086,754

Down $1,721,537 (-2.2%) from 2014

Liabilities

Up

$567,081

Up $26,231 (+4.8%) from 2014

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin2nd percentile

Revenue

Down

$1,476,834

Down $1,037,126 (-41%) from 2014

Expenses

Down

$3,127,193

Down $8,261,842 (-73%) from 2014

Net Income

Up

-$1,650,359

Up $7,224,716 (+81%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$150M$100M$50M$0Assets 2010: $122,580,646Liabilities 2010: $5,714,053Net Assets 2010: $116,866,5932010Assets 2011: $91,632,985Liabilities 2011: $2,807,214Net Assets 2011: $88,825,7712011Assets 2012: $89,274,556Liabilities 2012: $2,758,849Net Assets 2012: $86,515,7072012Assets 2013: $88,357,891Liabilities 2013: $649,139Net Assets 2013: $87,708,7522013Assets 2014: $79,349,141Liabilities 2014: $540,850Net Assets 2014: $78,808,2912014Assets 2015: $77,653,835Liabilities 2015: $567,081Net Assets 2015: $77,086,7542015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2015

Assets$77,653,835
Liabilities$567,081
Net Assets$77,086,754
Open 2015 Filing

Operations Trend

Revenue Growth6th percentile

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

$100M$50M$0-$50M-$100MExpenses 2010: $8,723,6322010Expenses 2011: $33,684,0082011Expenses 2012: $2,319,1502012Revenue 2013: $2,970,990Expenses 2013: $1,787,441Net Income 2013: $1,183,5492013Revenue 2014: $2,513,960Expenses 2014: $11,389,035Net Income 2014: -$8,875,0752014Revenue 2015: $1,476,834Expenses 2015: $3,127,193Net Income 2015: -$1,650,3592015Revenue 2016: -$18,472,259Expenses 2016: $58,769,595Net Income 2016: -$77,241,8542016

Highlighted filing

2015

Revenue$1,476,834
Expenses$3,127,193
Net Income-$1,650,359
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 10, 2016
Return Version
2015v2.1
Gross Receipts
$3,133,526
Mission and Program Overview

Mission

The primary purpose of maharishi global development fund is to educate and inspire the public about the creation of healthy housing (ideal homes and workplaces in properly designed communities) and to improve the health, well being, and overall quality of life for all those who live and work in these facilities.

SEE PAGE 2

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$4,145,518$2,725,384▼ $1,420,134
Savings and Temporary Cash Investments$59,993$872,142▲ $812,149
Cash and Non-Interest-Bearing Accounts$149,366$359,897▲ $210,531
Land, Buildings, and Equipment, Net$200,653$191,142▼ $9,511
Prepaid Expenses and Deferred Charges$0$14,026▲ $14,026
Accounts Receivable$12,352$0▼ $12,352
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$79,349,141$77,653,835▼ $1,695,306
Other Assets Total$74,781,259$73,491,244▼ $1,290,015
Liabilities
Mortgage Notes Payable Secured by Investment Property$493,413$407,912▼ $85,501
Accounts Payable and Accrued Expenses$42,667$159,169▲ $116,502
Other Liabilities$4,770$0▼ $4,770
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$540,850$567,081▲ $26,231
Net Assets / Fund Balance
Unrestricted Net Assets$78,808,291$77,086,754▼ $1,721,537
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$78,808,291$77,086,754▼ $1,721,537
Total Liabilities and Net Assets / Fund Balance$79,349,141$77,653,835▼ $1,695,306

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$190,150$48,423$238,573
Equipment$992$248$1,240
Other Assets Org$1,000--
Compensation and Service Providers
Top Officer Pay5th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Nicole Del La RosaDirector/treasurerFT$60,000$60,000
Richard QuinnDirectorFT$23,775$23,775

Board Members and Trustees

NameTitle
Harris KaplanPresident/director
Anne TiernanDirector
Dr Bevan MorrisDirector
Dr Christopher HartnettDirector
Dr Paul PotterDirector
Dr Prakash SrivastavaDirector
Pam StuartDirector
Steve RubinDirector
Linda HartnettDirector/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$4,770
Program Service Revenue
$0
Investment Income
$869,824
Other Revenue
$602,240
All Other Contributions
$4,770
Change in Net Assets
$-1,650,359
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,685,735
Other Expenses$293,567
Salaries, Compensation, and Employee Benefits$147,891
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,685,735--$2,685,735
Fees for Services Other$97,381--$97,381
Current Officers, Directors, Trustees, and Key Employees$39,408$44,367-$83,775
Other Salaries and Wages$57,085-$0$57,085
Occupancy$49,562$1,555$0$51,117
Other Expenses$16,310$6,990$0$23,300
Insurance$16,256$5,042$0$21,298
Travel$9,471$4,059$0$13,530
Fees for Services Accounting-$13,192$0$13,192
Interest$9,403-$0$9,403
Office Expenses$5,148$2,848$0$7,996
Payroll Taxes$7,031-$0$7,031
Fees for Services Legal-$2,583$0$2,583
Depreciation Depletion$248-$0$248
Total Functional Expenses$3,039,373$87,820$0$3,127,193
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Brahmananda Saraswati FoundationFairfield, IA501(c)(3)Educational Support$2,420,000
Global Country of World PeaceMaharishi Vedic City, IA501(c)(3)Educational Support$262,735
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Guaranties-notes Payable$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
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 Line 11B

“Form 990 review process: The Finance Committee reviews a draft of Form 990 with the Corporate Comptroller and makes corrections as and if necessary. The final Form 990, recommended by the Finance Committee for signature, is reviewed by the Full Board.”

Form 990 Part VI Line 12C

“Process of monitoring and enforcing compliance with the conflict of interest policy: Annually a form is distributed to each board member to identify the organization(s) that he or she is related to. In addition, Board members are required to identify potential conflicts in a timely manner as they arise. For example, if a contract with an entity related to a Board member were contemplated, any Board member related to that entity would be expected to identify the relationship and the Secretary would check the annual reporting forms to identify any conflicts.”

Form 990 Part VI Line 15B

“The process of determining compensation of other officers or key employees of the organization: The organization's finance committee reviews the compensation of all employees in the context of the prevailing compensation in the state for comparable job responsibilities. The committee also evaluates all other relevant data, economic trends, local costs-of-living indexes, etc. and determined the amounts paid to the officer was conservative, fair, and far from excessive.”

Form 990 Part VI Line 19

“HOW DOES THE organization makes its governing documents, conflict of interest policy, and financial statements available to the public: BY WRITTEN REQUEST AT THE PUBLISHED ADDRESS.”

Form 990 Part VI Line 2

“Did any officer, trustee, or key employee have a family relationship or a business relationship with any other officer, director, or key employee? Board Members Chris Hartnett and Linda Hartnett are related by marriage.”

Filing and Contact Details

Filer

Filer Name
Maharishi Global Development Fund
EIN
52-2052522
In Care Of
% NORIN ISQUITH
Phone
6414725191
Address
PO BOX 1720, FAIRFIELD, IA 52556

Signing Officer

Name
Nicole De La Roza
Title
Treasurer
Signed
2016-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Harris Kaplan
Formed
1997
Legal Domicile
De
Voting Board Members
11
Independent Board Members
11
Employees
3
Volunteers
9

Preparer

Firm
Frith-smith & Archibald Llp
Address
6355 TOPANGA CANYON BLVDSTE 400, WOODLAND HILLS, CA 91367
Preparer
Mary Archibald CPA
Phone
8187741500
Supplemental Narrative

Additional Explanations

Form 990 Part XI Line 9

“The changes in net assets are due to: in-kind contribution-guaranteed fees $12,491”

Financial Statement Notes

Fin 48

“Maharishi global development fund is a nonprofit organization and is exempt from federal and state income tax liability, no provision is made for current or deferred income taxes. The organization uses the same accounting methods for tax and financial reporting. Gaap provides accounting and disclosure guidance about positions taken by an entity in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. The organization's returns are subject to examination by federal and state taxing authorities, generally for three and four years, respectively, after they are filed.”

Raw XML AppendixShowing 400 of 576 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt042667
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0159169
IRS990/AccountsReceivableGrp/BOYAmt012352
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SEE PAGE 2
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt04770
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0NORIN ISQUITH
IRS990/BooksInCareOfDetail/PhoneNum06414725191
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01100 UNIVERSITY MANOR DR 23
IRS990/BooksInCareOfDetail/USAddress/CityNm0FAIRFIELD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd052556
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0149366
IRS990/CashNonInterestBearingGrp/EOYAmt0359897
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt044367
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt039408
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt083775
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04770
IRS990/CYGrantsAndSimilarPaidAmt02685735
IRS990/CYInvestmentIncomeAmt0869824
IRS990/CYOtherExpensesAmt0293567
IRS990/CYOtherRevenueAmt0602240
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-1650359
IRS990/CYSalariesCompEmpBnftPaidAmt0147891
IRS990/CYTotalExpensesAmt03127193
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01476834
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0248
IRS990/DepreciationDepletionGrp/TotalAmt0248
IRS990/Desc0The Fund provided partial support for a specific program in Fairfield, Iowa. The program housed and provided the daily needs for 120 Maharishi Vedic Pandits visiting the United States. These are individuals trained in the group performance of engaging the organizing power of all the laws of Nature, from their very source in the Unified Field of Natural Law. Their daily performances bring a balance and integration of national and world consciousness, the basis for societal progress, prosperity, harmony and mutual respect and support for all humankind as well as a sustainable environment.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt0262735
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt013192
IRS990/FeesForServicesAccountingGrp/TotalAmt013192
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02583
IRS990/FeesForServicesLegalGrp/TotalAmt02583
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt097381
IRS990/FeesForServicesOtherGrp/TotalAmt097381
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignCountryCd0JA
IRS990/ForeignFinancialAccountInd0true
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0true
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt535.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt88.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt98.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1035.0
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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/PersonNm0DR PAUL POTTER
IRS990/Form990PartVIISectionAGrp/PersonNm1DR CHRISTOPHER HARTNETT
IRS990/Form990PartVIISectionAGrp/PersonNm2LINDA HARTNETT
IRS990/Form990PartVIISectionAGrp/PersonNm3DR PRAKASH SRIVASTAVA
IRS990/Form990PartVIISectionAGrp/PersonNm4DR BEVAN MORRIS
IRS990/Form990PartVIISectionAGrp/PersonNm5NICOLE DEL LA ROSA
IRS990/Form990PartVIISectionAGrp/PersonNm6PAM STUART
IRS990/Form990PartVIISectionAGrp/PersonNm7ANNE TIERNAN
IRS990/Form990PartVIISectionAGrp/PersonNm8STEVE RUBIN
IRS990/Form990PartVIISectionAGrp/PersonNm9HARRIS KAPLAN
IRS990/Form990PartVIISectionAGrp/PersonNm10RICHARD QUINN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt560000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1023775
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/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0854350
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantAmt0262735
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02685735
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02685735
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt02200000
IRS990/GrossReceiptsAmt03133526
IRS990/GrossRentsGrp/RealAmt0702166
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt05042
IRS990/InsuranceGrp/ProgramServicesAmt016256
IRS990/InsuranceGrp/TotalAmt021298
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ProgramServicesAmt09403
IRS990/InterestGrp/TotalAmt09403
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt015474
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt015474
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt04145518
IRS990/InvestmentsProgramRelatedGrp/EOYAmt02725384
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt048672
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0200653
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0191142
IRS990/LandBldgEquipCostOrOtherBssAmt0239814
IRS990/LegalDomicileStateCd0DE
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt01345650
IRS990/LessRentalExpensesGrp/RealAmt0311042
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE PRIMARY PURPOSE OF MAHARISHI GLOBAL DEVELOPMENT FUND IS TO EDUCATE AND INSPIRE THE PUBLIC ABOUT THE CREATION OF HEALTHY HOUSING (IDEAL HOMES AND WORKPLACES IN PROPERLY DESIGNED COMMUNITIES) AND TO IMPROVE THE HEALTH, WELL BEING, AND OVERALL QUALITY OF LIFE FOR ALL THOSE WHO LIVE AND WORK IN THESE FACILITIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0493413
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0407912
IRS990/NetAssetsOrFundBalancesBOYAmt078808291
IRS990/NetAssetsOrFundBalancesEOYAmt077086754
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0854350
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0391124
IRS990/NetUnrlzdGainsLossesInvstAmt0-71178
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01555
IRS990/OccupancyGrp/ProgramServicesAmt049562
IRS990/OccupancyGrp/TotalAmt051117
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02848
IRS990/OfficeExpensesGrp/ProgramServicesAmt05148
IRS990/OfficeExpensesGrp/TotalAmt07996
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt074781259
IRS990/OtherAssetsTotalGrp/EOYAmt073491244
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0PROPERTY DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1BANK CHARGES
IRS990/OtherExpensesGrp/Desc2CONSULTING
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07184
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16990
IRS990/OtherExpensesGrp/ProgramServicesAmt029481
IRS990/OtherExpensesGrp/ProgramServicesAmt116854
IRS990/OtherExpensesGrp/ProgramServicesAmt216310
IRS990/OtherExpensesGrp/TotalAmt029481
IRS990/OtherExpensesGrp/TotalAmt124038
IRS990/OtherExpensesGrp/TotalAmt223300
IRS990/OtherLiabilitiesGrp/BOYAmt04770
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0CURRENCY EXCHANGE GAIN/LOSS
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/Desc2ACCOMODATION REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt031910
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt116746
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt231404
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt031910
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt116746
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt231404
IRS990/OtherRevenueTotalAmt080060
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt057085
IRS990/OtherSalariesAndWagesGrp/TotalAmt057085
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt07031
IRS990/PayrollTaxesGrp/TotalAmt07031
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014026
IRS990/PrincipalOfficerNm0DR HARRIS KAPLAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0The Fund provided support toward the daily needs of 4,000 Maharishi Vedic Pandits living in India. These Maharishi Vedic Pandits are individuals specially trained in the group performance of engaging the organizing power of all the laws of Nature, from their very source in the Unified Field of Natural Law. Their daily performances bring a balancing and integration of national and world consciousness, the basis for societal progress, prosperity, harmony and mutual respect and support for all humankind as well as a sustainable environment.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02420000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt02420000
IRS990/ProgSrvcAccomActy3Grp/Desc0The greatest portion of the Fund's daily focus is on the preservation of its resources for future educational grants and programs. Well over 97% of the Fund's resources are tied up in real property, the value of which has seriously declined due to economic conditions in the U.S. and the world at large. Therefore the majority of our efforts and expenses are in maintaining the diminishing value of our properties via property tax payments, repair and maintenance, debt service, security services, as we make an effort to sell the ones that are marketable.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0353638
IRS990/ProgSrvcAccomActyOtherGrp/Desc0MAHARISHI GLOBAL DEVELOPMENT FUND PROVIDED A GRANT
IRS990/ProgSrvcAccomActyOtherGrp/Desc1TO MAHARISHI ACADEMY FOR TOTAL KNOWLEDGE FOR ITS
IRS990/ProgSrvcAccomActyOtherGrp/Desc2EDUCATIONAL PROGRAMS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt03000
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt03000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0225000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt09616438
IRS990/PYInvestmentIncomeAmt01890630
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01670877
IRS990/PYOtherRevenueAmt0398330
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-8875075
IRS990/PYSalariesCompEmpBnftPaidAmt0101720
IRS990/PYTotalExpensesAmt011389035
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02513960
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-1650359
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt0391124
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt0131056
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0131056
IRS990/SavingsAndTempCashInvstGrp/BOYAmt059993
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0872142
IRS990ScheduleA/FactsAndCircumstancesTestTxt0Oraganization is in the process of shutting down. 2016 tax return will be a final return.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04770
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0225000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01915874
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt039750
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt033000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02218394
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01106553
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0896376
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0444066
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0468548
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0178104
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03093647
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt037901
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt080060
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt050675

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$77,653,835
Liabilities
$567,081
Net assets
$77,086,754
Revenue
$1,476,834
Expenses
$3,127,193
Net income
-$1,650,359
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$18.5$58.8$77.2
2015Detailed filing. Detailed filing data is available for this year.$77.7$0.57$77.1$1.48$3.13$1.65
2014Detailed filing. Detailed filing data is available for this year.$79.3$0.54$78.8$2.51$11.4$8.88
2013Detailed filing. Detailed filing data is available for this year.$88.4$0.65$87.7$2.97$1.79$1.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$89.3$2.76$86.5$2.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$91.6$2.81$88.8$33.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$123$5.71$117$8.72