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Friends Of Cloud Mountain

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 911859995 ✦ Castle rock, WA ✦ Designated as a 501(c)(3)

Overview

What is Friends Of Cloud Mountain?

Friends of Cloud Mountain is a nonprofit organization located at 373 Agren Road, Castle Rock, WA 98611. Its primary activity involves conducting teacher-guided group retreats centered around Buddhist teachings and practices, lasting from 3 to 13 days. The organization hosts a variety of events, including supported self-retreats for small groups, and features renowned Buddhist teachers. Lectures, meditation, and related activities are scheduled throughout the day, allowing little free time for participants who are often expected to continue meditation on their own. The retreats are primarily staffed by Friends of Cloud Mountain employees and participants themselves, contributing to lower fees. The cost of each retreat varies based on length and related expenses, with work-exchange participants paying reduced fees. Additionally, need-based scholarship funds, including a special fund for young adults and people of color, are available to assist low-income individuals in attending retreats. The organization employs a total of 14 individuals.


Official website here: www.cloudmountain.org

Is Friends Of Cloud Mountain legitimate?

Friends Of Cloud Mountain is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Cloud Mountain submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $97,470
Professional Fundraising Fees: $0
Other Salaries and Wages: $139,445

For more financial information, click here


Official website here: www.cloudmountain.org

What is the mission statement of Friends Of Cloud Mountain?

Friends of Cloud Mountain focuses on conducting retreats centered around Buddhist teachings or practices. Their mission is to provide these retreats, featuring well-known Buddhist teachers, to individuals seeking spiritual growth. The retreats involve scheduled lectures, meditation, and related activities, with participants expected to continue meditation during unscheduled times. The organization relies on the help of its employees and participants to keep retreat fees affordable. Scholarship funds are available for low-income individuals and young adults, supported by donations from the community.


Official website here: www.cloudmountain.org

Who is the CEO of Friends Of Cloud Mountain?

David Branscomb is the President of Friends Of Cloud Mountain.


Official website here: www.cloudmountain.org

What is the revenue of Friends Of Cloud Mountain?

Friends Of Cloud Mountain's revenue in 2022 was $768,028.


Official website here: www.cloudmountain.org

Who are the executives of Friends Of Cloud Mountain and what are their salaries?

The average compensation at Friends Of Cloud Mountain during 2022 was $16,922. There are 14 employees at Friends Of Cloud Mountain.

Here are 3 key members and their salaries:

    Laura Hauer (Secretary) [Trustee/Director]
  • Compensation: $67,600
  • Related: $0
  • Other: $0

    • David Branscomb (President) [Trustee/Director]
  • Compensation: $29,871
  • Related: $0
  • Other: $0

    • Robert Santikaro Larson (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cloudmountain.org

    Where can I find the form 990 for Friends Of Cloud Mountain?

    The Friends Of Cloud Mountain’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cloudmountain.org

    Learn more at the official website: www.cloudmountain.org

    Mission Statement of Friends Of Cloud Mountain

    Friends of Cloud Mountain, a nonprofit organization, is dedicated to providing retreats centered around Buddhist teachings and practices. Their mission is to organize and facilitate these retreats, which range from three to thirteen days in length, featuring renowned Buddhist teachers. The retreats incorporate lectures, meditation, and related activities, with participants expected to continue their meditation during unscheduled times. The organization is run primarily by its employees and volunteers, which helps in keeping the retreat fees affordable. Scholarship funds, partially funded by community donations, are available to assist low-income individuals and young adults aged 18-35 in attending these retreats. Furthermore, a special scholarship for individuals of color has been established through community contributions.

    Impact

    This information is meant to be a general summary of Friends Of Cloud Mountain. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Friends Of Cloud Mountain's impact is evident through its commitment to providing a space for individuals to immerse themselves in Buddhist teachings and practices through teacher-guided group retreats. These retreats, ranging from 3 to 13 days in length, offer participants the opportunity to engage in lectures, meditation, and related activities, with a focus on deepening their understanding and practice of Buddhism. The organization's emphasis on community support is seen through work-exchange opportunities, reduced fees for work-exchange participants, and scholarship funds designed to make retreats accessible to individuals with financial need, including young adults and people of color. By offering a supportive environment for individuals to explore and deepen their spiritual practice, Friends Of Cloud Mountain plays a vital role in promoting personal growth and the study of Buddhism.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $777
  • Program Service Revenue: $438,370
  • Gross Receipts: $772,492

    • Assets and Liabilities:
  • Total Assets: $2,324,844
  • Total Liabilities: $280,939
  • Net Assets: $2,043,905
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Retreats - See Schedule O

    Revenue

    $438,370

    Organization Details

    Founding Year

    1998

    Principal Officer

    David Branscomb

    Main Address

    373 Agren Road, Castle Rock, WA, 98611

    NTEE Category

    Code: X50 - Religion related

    If you are a representative of Friends Of Cloud Mountain and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.