2020-06-16T11:42:50-05:00 2019-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2019-01-01 231718197 KRIPALU CENTER FOR YOGA & HEALTH KRIP 4134483224 PO BOX 309 STOCKBRIDGE MA 01262 PAUL HARRISON CFO 4134483169 2020-06-01 1 THOMAS WASHBURN CPA P00537319 5083669100 2020-06-01 40.70.31.102 2020-06-01 08:32:44 ED P 1166F2FD08ABF73FAA4779C448B3D4829B6A5C9C 87AE54C884FF003181B05E7BF84F4C93A3EEF9A3 2019 2020-04-17 16:48:07Z KRIPALU CENTER BARBARA VACARR PO BOX 309 STOCKBRIDGE MA 01262 42476051 0 X WWW.KRIPALU.ORG X 1966 PA ADVANCE THE PHYSICAL, MENTAL, EMOTIONAL, AND SPIRITUAL WELL-BEING OF INDIVIDUALS AND SOCIETY BY TEACHING THE ART AND SCIENCE OF YOGA.ACTIVITIES: (1) OPERATE A RESIDENTIAL, YOGA-BASED RETREAT, PROGRAM, AND HEALING CENTER WITH THE CAPACITY TO HOUSE APPROXIMATELY 625 OVER-NIGHT PARTICIPANTS; (2) TRAIN YOGA TEACHERS AND OTHER HOLISTIC PROFESSIONALS; AND (3) OFFER A RANGE OF HOLISTIC HEALTH AND HEALING SERVICES. 13 12 596 164 573096 140175 1483238 1585313 29424396 33311030 733968 592621 1604555 1747167 33246157 37236131 178058 175573 0 0 16958385 17387581 0 0 403701 15291670 16923072 32428113 34486226 818044 2749905 50817665 53840828 21219153 21607302 29598512 32233526 X AS STATED IN THE BYLAWS, THE FOLLOWING MISSION SHOULD INFORM AND GUIDEALL DECISIONS MADE BY THE BOARD OF TRUSTEES AND MANAGEMENT: (1) ADVANCE THE PHYSICAL, MENTAL, EMOTIONAL, AND SPIRITUAL WELL-BEING OF INDIVIDUALS AND UPLIFT SOCIETY BY PROMOTING THE ART AND SCIENCE OF YOGA; (2) PROMOTE OTHER APPROACHES TO LIFE THAT INTEGRATE BODY, MIND, AND SPIRIT THROUGH PRACTICES AND BELIEFS SIMILAR TO YOGA; (3) PROMOTE TRADITIONAL AND CONTEMPORARY HEALING MODALITIES THAT INTEGRATE BODY, MIND, AND SPIRIT AND CULTIVATE WELL-BEING; (4) PROMOTE THE PHILOSOPHY OF SANATANA DHARMA (THE PERENNIAL WISDOM) WHICH EMBRACES ALL BENEFICIAL APPROACHES TO LIFE AND PROPOUNDS THE UNIVERSAL BROTHERHOOD AND SISTERHOOD OF HUMANKIND; AND (5) ENGAGE IN OTHER ACTIVITIES INCIDENTAL OR RELATED TO THE ABOVE PURPOSE THAT ARE NOT PROHIBITED BY SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OR ANY OTHER LAWS. 0 0 23346966 26125552 EDUCATIONAL PROGRAMS FOR MORE THAN 40 YEARS, KRIPALU HAS BEEN TEACHING SKILLS FOR OPTIMAL LIVING THROUGH EDUCATION FOR THE WHOLE PERSON: BODY, MIND, HEART, AND SPIRIT. IT IS THE LARGEST AND MOST ESTABLISHED RETREAT CENTER FOR YOGA, HEALTH, AND HOLISTIC LIVING IN NORTH AMERICA, OFFERING ABOUT 700 PROGRAMS EACH YEAR.INVITED PRESENTER PROGRAMMING PROGRAMS AT KRIPALU ARE LED BY MANY OF THE WORLD'S MOST ACCOMPLISHED TEACHERS IN YOGA, SELF-DISCOVERY, AND HOLISTIC HEALTH AND ARE DESIGNED TO PROVIDE PEOPLE WITH TOOLS THEY CAN APPLY IN THEIR DAILY LIVES. PROGRAM TOPICS INCLUDE WELLNESS, AYURVEDA, NUTRITION, FITNESS, PERSONAL GROWTH, RELATIONSHIPS, MEDITATION, SPIRITUAL PRACTICE, AND MUCH MORE. YOGA PROGRAMS ARE OFFERED FOR PEOPLE AT ALL LEVELS AND FEATURE ALL YOGA TRADITIONS AND STYLES. MANY KRIPALU PROGRAMS OFFER CONTINUING EDUCATION CREDITS FOR PROFESSIONALS IN FIELDS SUCH AS SOCIAL WORK, NURSING, AND BODYWORK.KRIPALU R&R KRIPALU R&R GIVES GUESTS THE OPPORTUNITY TO DO AS LITTLE OR AS MUCH AS THEY WANT. PARTICIPANTS CHOOSE FROM A VARIETY OF WORKSHOPS, OUTDOOR ACTIVITIES, AND YOGA AND MOVEMENT CLASSES THAT INCLUDE HIKING, KAYAKING, QIGONG, STAND UP PADDLE BOARDING, AND MORE. WE OFFER A RICH DAILY SCHEDULE THAT ALLOWS GUESTS TO DO JUST WHAT THEY WANT, WHETHER IT'S SOUL-SEARCHING, CELEBRATING, OR SIMPLY ENJOY BEING IN A SPACE NOT ABSORBED BY THE FLURRY OF FAMILY, WORK, AND LIFE. GROUP RETREATS OFFER CUSTOMIZED EXPERIENCES FOR FAMILIES, FRIENDS, COLLEAGUES, OR STUDENTS. THESE GROUPS MAY FOLLOW OUR REGULAR R&R WORKSHOP SCHEDULES OR CREATE CUSTOMIZED EXPERIENCES FROM A RICH SELECTION OF THEMES AND TOPICS TO SUIT THEIR GROUPS' OBJECTIVES. RISERISE IS AN EVIDENCE-BASED RESILIENCY AND STRESS-REDUCTION TRAINING PROGRAM DESIGNED ESPECIALLY FOR INDIVIDUALS AND ORGANIZATIONS IN HIGH-STAKES, HIGH-STRESS INDUSTRIES. RISE IS THE RESULT OF A DECADE-LONG COLLABORATION BETWEEN KRIPALU AND RESEARCH SCIENTISTS AFFILIATED WITH BRIGHAM AND WOMEN'S HOSPITAL TO BUILD AN UNDERSTANDING OF THE COGNITIVE, EMOTIONAL, PHYSICAL AND BEHAVIORAL IMPACT OF MINDFULNESS AND YOGIC STRESS-REDUCTION PRACTICES. RISE DELIVERS LIFE-CHANGING PROGRAMS TO FRONTLINE PROVIDERS IN SOME OF THE MOST CRITICAL SOCIAL INSTITUTIONS, HEALTH AND HUMAN SERVICES ORGANIZATIONS, K-12 SCHOOLS, CORRECTIONAL FACILITIES, AND LAW ENFORCEMENT AGENCIES. 4329481 175573 4021140 PROFESSIONAL TRAININGS - KRIPALU SCHOOLSTHE KRIPALU SCHOOLS OF YOGA, AYURVEDA, INTEGRATIVE YOGA THERAPY AND MINDFUL OUTDOOR LEADERSHIP OFFER A VARIETY OF INSPIRING RESIDENTIAL IMMERSION TRAININGS THAT ALLOW STUDENTS TO DEEPEN THEIR PRACTICE AND PREPARE THEM TO TEACH YOGA AND SHARE THEIR PASSION WITH THE WORLD.THE KRIPALU SCHOOL OF YOGA OFFERS 200-HOUR, 300-HOUR, AND 1000-HOUR TRAINING CERTIFICATIONS. GUIDED BY EXPERT FACULTY AND SOUGHT-AFTER GUEST TEACHERS, STUDENTS STUDY FOUNDATIONAL ASANAS AND PRANAYAMA, EXPLORE YOGA PHILOSOPHY, LEARN ANATOMY, PRACTICE TEACHING, AND MORE. THE KRIPALU SCHOOL OF AYURVEDA OFFERS COMPREHENSIVE STUDY AND PROFESSIONAL CERTIFICATIONS THAT ARE EMPOWERING, EFFECTIVE, AND INSPIRED BY THE WISDOM OF NATURE. STUDENTS MAY ENROLL IN 200-HOUR FOUNDATIONS OF AYURVEDA, 300-HOUR AYURVEDA YOGA TEACHER TRAINING, OR 650-HOUR AYURVEDIC HEALTH COUNSELOR CERTIFICATION. THE KRIPALU SCHOOL OF INTEGRATIVE YOGA THERAPY (IYT) BRINGS THE ANCIENT INSIGHTS OF YOGA INTO MAINSTREAM WELLNESS PROGRAMS. WE OFFER TWO TRACKS OF CERTIFICATION, 300-HOUR ADVANCED TEACHER OF THERAPEUTIC YOGA AND THE 800-HOUR PROFESSIONAL YOGA THERAPIST PROGRAM. IYT BRINGS TOGETHER YOGA'S MOST POWERFUL TOOLS-ASANA, PRANAYAMA, MUDRA, YOGA NIDRA, MANTRA, AND MEDITATION-TO CREATE AN EFFECTIVE PACKAGE THAT CAN BE USED FOR THERAPEUTIC CLASSES DIRECTED TOWARD SPECIFIC GROUPS OR FOR ONE-ON-ONE SESSIONS.THE KRIPALU SCHOOL OF MINDFUL OUTDOOR LEADERSHIP OFFERS TWO, 9-DAY, 75-HOUR IMMERSION TRAININGS. THE CURRICULUM IS DESIGNED TO TRAIN STUDENTS TO BECOME MINDFUL OUTDOOR GUIDES, USING MINDFULNESS, YOGA, AYURVEDIC PRINCIPLES, FOREST BATHING TECHNIQUES AND OUTDOOR SKILLS TO GUIDE PEOPLE INTO MEANINGFUL CONNECTIONS WITH THE NATURAL WORLD. GRADUATES OF THE KRIPALU SCHOOLS CAN ALSO CHOOSE TO JOIN THE KRIPALU YOGA AND AYURVEDA ASSOCIATION, A SUPPORTIVE PROFESSIONAL NETWORK OF MORE THAN 1,300 MEMBERS OFFERING A VARIETY OF EXCLUSIVE BENEFITS, CONTINUING EDUCATION, AND MARKETING SUPPORT COMMUNITY. THE KRIPALU SCHOOLS PROVIDES SCHOLARSHIPS THROUGH VARIOUS GRANTS FOCUSED ON PROVIDING EDUCATION TO UNDERSERVED POPULATIONS AND IN SUPPORT OF PROGRAMS FOCUSED ON INDIVIDUAL AND ORGANIZATIONAL WELL-BEING. 2462368 2870142 HEALING ARTSIN BETWEEN PROGRAM SESSIONS AND YOGA CLASSES, GUESTS MAY CHOOSE TO TAKE TIME TO INTEGRATE THEIR KRIPALU EXPERIENCE WITH A KRIPALU HEALING ARTS APPOINTMENT. WITH MORE THAN 35 MODALITIES TO CHOOSE FROM, THEY ARE THE PERFECT OPPORTUNITY TO EXPLORE THE STATE OF MIND AND BODY WITH THE GUIDANCE OF ONE OF OUR SKILLED PRACTITIONERS. 1247809 1468267 OTHER PROGRAM SERVICES OTHER PROGRAM SERVICES INCLUDE EXPENSES OF $1,247,809(EXCLUDING COST OF GOODS SOLD) THAT RELATE TO OPERATION OF THE RETAIL SHOP, WHICH SERVES IN-HOUSE GUESTS BY PROVIDING AN INVENTORY OF PRODUCTS THAT DIRECTLY AND SUBSTANTIALLY SUPPORT THE EDUCATIONAL EXPERIENCE OFFERED IN KRIPALU'S PROGRAMS, WORKSHOPS AND RETREATS. REVENUE OF $1,468,267(AFTER DEDUCTING COST OF GOODS SOLD) IS ASSOCIATED WITH THIS AREA. 1247809 1468267 31386624 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 449 0 1 596 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA NV AL AK AR CA CO CT FL GA HI IL KS KY ME MD MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI MO X PAUL HARRISON 4134483224 57 INTERLAKEN ROAD STOCKBRIDGE MA 01262 CAROL O'NEIL BOARD OF TRUSTEES, CHAIR 10.00 X X 0 0 0 JOHN CHU BOARD OF TRUSTEES 2.00 X 0 0 0 ROSE ELSE-MITCHELL BOARD OF TRUSTEES 1.00 X 0 0 0 CHRISTINE FUCHS BOARD OF TRUSTEES 4.00 X 0 0 0 MARCIA FEUER BOARD OF TRUSTEES 1.00 X 0 0 0 MEENA MANSHARAMANI BOARD OF TRUSTEES 1.00 X 0 0 0 MOLLY MORGAN BOARD OF TRUSTEES 1.00 X 0 0 0 SARAH FINNIE ROBINSON BOARD OF TRUSTEES 1.00 X 0 0 0 TEMPLE SCHAUBLE BOARD OF TRUSTEES 1.00 X 0 0 0 JANINE SHELFFO BOARD OF TRUSTEES 2.00 X 0 0 0 LIANA STERLING BOARD OF TRUSTEES 1.00 X 0 0 0 ERIN TUNNICLIFFE BOARD OF TRUSTEES 2.00 X 0 0 0 BARBARA VACARR CEO & PRESIDENT 50.00 X X 312692 0 11041 PAUL HARRISON CFO & TREASURER 45.00 X 205192 0 7422 CHRISTINE LAFRANCHI DIR OF LEGAL AFFAIRS & SECRETARY 45.00 X 110192 0 541 PAULA HELLER VICE PRESIDENT OF CULTURE 45.00 X 185192 0 8007 REBECCA CHURT VICE PRESIDENT OF MARKETING 45.00 X 185192 0 7450 ANDREA ZAHN VICE PRESIDENT OF HOSPITALITY 45.00 X 180192 0 7450 KATHY DURIVAGE VICE PRESIDENT OF ADVANCEMENT 45.00 X 165192 0 568 MEGAN MCDONOUGH RISE GENERAL MANAGER 40.00 X 155792 0 15095 JEREMY SMITH EXECUTIVE CHEF 40.00 X 128161 0 14036 ROBERT ALDERTON DIRECTOR OF IT 45.00 X 120600 0 13583 MICAH MORTALI DIRECTOR OF OUTDOOR PROGRAM 40.00 X 115007 0 14022 1863404 0 99215 12 0 1 0 QUADGRAPHICS INC PO BOX 842858 BOSTON MA 022842858 PRINTING 673876 REGAN MARKETING & MEDIA 106 UNION WHARF BOSTON MA 02109 PR CONSULTING & SERVICES 216969 PAUL MCENANY DBA IT'S PLEIN AIR AGENCY 2919 COMMERE ST 623 DALLAS TX 75226 MARKETING CONSULTING 172140 DOUGLAS J WOOLIVER & SONS PO BOX 1690 LANESBORO MA 01237 ROOF REPAIRS/REPLACEMENT 162295 PITTSFIELD PIPERS INC POBOX 1386 PITTSFIELD MA 012021386 PLUMBING & DUCTWORK 144371 10 1585313 1585313 RETREATS, EDUCATION AND SEMINARS 611600 30146692 30146692 HOLISTIC THERAPIES 812900 3038903 2870142 168761 ANCILLARY 611600 125435 125435 33311030 373925 373925 2967598 710036 2841124 617814 126474 92222 218696 218696 3307395 1780982 1526413 1124804 401609 EMPLOYEE MEALS 722210 138798 138798 OTHER REVENUE 900099 79230 79230 MAILING LIST RENTAL 541860 2726 2726 220754 37236131 34485101 573096 592621 139693 139693 35880 35880 1109832 266359 832374 11099 13219968 12094154 914534 211280 2011949 1891302 75737 44910 1045832 903993 125593 16246 95039 9885 85154 142029 91022 51007 51002 51002 323126 267590 54113 1423 2503559 2399647 58425 45487 960944 741814 166592 52538 45938 45938 2568112 2350161 217951 110606 77408 23779 9419 2712922 2678286 34636 CONTRACT FACULTY 3459786 3459757 29 CAMPUS OPERATIONS 2162914 2158949 3965 BANK FEES 1051346 1049279 141 1926 SEMINAR EXPENSE 452058 451189 869 283691 274318 9373 34486226 31386624 2695901 403701 2973184 8018762 625788 110817 29273 161577 105681 29821 443659 431670 526067 521937 58615963 27080696 33322921 31535267 12791092 13030977 50817665 53840828 1538481 2315878 6428868 7014319 13093525 12167786 158279 109319 21219153 21607302 X 27958548 30926680 1639964 1306846 29598512 32233526 50817665 53840828 X 2749905 235124 -350015 X X 0 1 X 1 0 X 1351374 1527716 1108155 1483238 1585313 7055796 31220111 31682802 31259640 30557813 34485101 159205467 32571485 33210518 32367795 32041051 36070414 166261263 158000 88000 264000 405000 247666 1162666 0 158000 88000 264000 405000 247666 1162666 165098597 599612 270388 327711 296740 322923 1817374 599612 270388 327711 296740 322923 1817374 592115 553166 541919 471438 573097 2731735 33763212 34034072 33237425 32809229 36966434 170810372 0.96660 0.96560 0.01060 0.01230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 875373 16097 30083 350015 95192 0 476346 880146 24894 9715 39380 875373 838627 10522 64649 33652 880146 743799 114037 22599 41808 838627 760502 56101 -23751 49053 743799 1.00000 0.00000 0 0 82489 82489 49584798 20837758 28747040 6148954 4286058 1862896 2799722 1956880 842842 31535267 RETIREMENT OBLIGATIONS 109319 109319 X 38851220 235124 -350015 -114891 38966111 51002 -1780982 -1729980 37236131 36216206 1780982 1780982 34435224 51002 51002 34486226 PART V, LINE 4: THE ORGANIZATION MAINTAINS TWO TERM ENDOWMENT FUNDS WHICH ALLOW FOR ANNUAL SPENDING OF 10% AND 15%, RESPECTIVELY, OF THE BEGINNING OF THE YEAR BALANCE OF THE FUND. IN ADDITION, THE ORGANIZATION MAINTAINS PERMANENT DONOR RESTRICTED ENDOWMENT FUNDS THAT SUPPORT GRANT AND SCHOLARSHIP AWARDS IN ACCORDANCE WITH THE AGREEMENTS. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE IRC AND HAS BEEN CLASSIFIED UNDER SECTION 509(A)(2) AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. THE ORGANIZATION IS ALSO EXEMPT FROM STATE INCOME TAXES. THE ORGANIZATION'S INFORMATION AND TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME IN BOTH THE FEDERAL AND MASSACHUSETTS JURISDICTIONS. COMBINED FEDERAL AND MASSACHUSETTS INCOME TAX EXPENSE ON UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018, WAS $49,810 AND $53,776, RESPECTIVELY, WHICH IS INCLUDED IN OTHER EXPENSES IN THE ACCOMPANYING STATEMENTS OF FUNCTIONAL EXPENSES. THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATED FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS AT DECEMBER 31, 2019 AND 2018. THE ORGANIZATION'S INFORMATION AND TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: TRANSFER OF RESTRICTED ENDOWMENT -350,015. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD NET WITH RETAIL SALES -1,780,982. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,780,982. 1 BRIGHAM AND WOMEN'S HOSPITAL 75 FRANCIS STREET BOSTON MA 02115 77293 FMV RESEARCH BWH RESEARCH GRANT 75 FRANCIS STREET BOSTON MA 02115 62400 FMV RESEARCH 2 HANSER AWARDS 1 1000 SCHOLARSHIP TEACHING FOR DIVERSITY 17 25225 SCHOLARSHIP RACHEL GREENE TEACHING FOR DIVERSITY 10 9655 SCHOLARSHIP PART I, LINE 2: THE PROCESS IS FOR A RELEVANT STANDING COMMITTEE TO BE CHOSEN FOR OVERSIGHT OF THE GRANT AND TO REGULARLY REVIEW PROJECT ACTIVITIES. THE COMMITTEE ENSURES PROGRESS AGAINST MILESTONES AND ALIGNMENT WITH RESEARCH OBJECTIVES. X X X X X 0 0 0 0 0 0 0 0 0 BARBARA VACARR CEO & PRESIDENT 305192 0 7500 0 0 0 0 0 11041 0 323733 0 0 0 PAUL HARRISON CFO & TREASURER 200192 0 5000 0 0 0 0 0 7422 0 212614 0 0 0 PAULA HELLER VICE PRESIDENT OF CULTURE 180192 0 5000 0 0 0 0 0 8007 0 193199 0 0 0 REBECCA CHURT VICE PRESIDENT OF MARKETING 180192 0 5000 0 0 0 0 0 7450 0 192642 0 0 0 ANDREA ZAHN VICE PRESIDENT OF HOSPITALITY 175192 0 5000 0 0 0 0 0 7450 0 187642 0 0 0 KATHY DURIVAGE VICE PRESIDENT OF ADVANCEMENT 160192 0 5000 0 0 0 0 0 568 0 165760 0 0 0 MEGAN MCDONOUGH RISE GENERAL MANAGER 150192 0 5600 0 0 0 0 0 15095 0 170887 0 0 0 A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2008-06-02 20000000 TO CONSTRUCT A HOUSING ANNEX, WASTE WATER TREATMENT PLANT AND PARKING LOT 0 0 0 A 7533726 20000000 100000 16174003 3725997 2009 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 0 0 0 0 0 A 1 RICHARD FAULDS FORMER BOARD MEMBER 18619 CONTRACT PRESENTERS FOR LUMINARY PROGRAM 0 STEPHEN COPE FORMER BOARD MEMBER 25909 CONTRACT PRESENTERS FOR LUMINARY PROGRAM 0 MAYA BREUER FORMER BOARD MEMBER 40732 CONTRACT PRESENTERS FOR LUMINARY PROGRAM 0 LARRY LAFRANCHI CONTROLLER 68592 A FAMILY MEMBER OF THE OFFICER 0 FORM 990, PART I, ITEM C DBA: KRIPALU SCHOOL OF AYURVEDA DBA: KRIPALU SCHOOL OF YOGA DBA: KRIPALU YOGA AND AYURVEDA ASSOCIATION FORM 990, PART VI, SECTION B, LINE 11B A RESOLUTION OF THE BOARD OF TRUSTEES DETAILS THE REVIEW PROCESS FOR FORM 990 AND STATES: (1) IT SHALL BE THE POLICY OF KRIPALU THAT THE ANNUAL 990 AND 990-T TAX RETURNS SHALL BE PREPARED IN FIRST DRAFT FORM BY MEMBER OF MANAGEMENT WORKING IN CONCERT WITH THE ORGANIZATIONS ACCOUNTANTS AND LEGAL ADVISORS (2) THESE FIRST DRAFT FORMS SHALL THEN BE SUBMITTED TO THE AUDIT COMMITTEE OF THE BOARD TO REVIEW, COMMENT UPON, AND REVISE INTO SECOND DRAFT FORMS (3) THESE SECOND DRAFT FORMS SHALL THEN BE SUBMITTED TO THE FULL BOARD TO REVIEW, COMMENT UPON, AND REVISE INTO FINAL FORMS FOR THE FILING WITH THE IRS AND OTHER GOVERNMENTAL AND REGULATORY AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, ALL BOARD MEMBERS AND ALL OFFICERS ARE REQUIRED TO COMPLETE A WRITTEN CONFLICT OF INTEREST DISCLOSURES FORM. THE COMPLETED DISCLOSURE FORMS ARE REVIEWED BY THE ORGANIZATIONS GOVERNANCE COMMITTEE, WITH ANY CONFLICTS NOTED AND BROUGHT TO THE ATTENTION OF THE BOARD CHAIR, THE VICE PRESIDENT OF FINANCE, AND OTHER LEADING TRUSTEES. THE BOARD HANDBOOK CONTAINS A SECTION OF CONFLICTS OF INTEREST. CONFLICTED INDIVIDUALS ARE REQUIRED TO RECUSE THEMSELVES FROM ANY VOTING ON MATTERS WITH WHICH THEY HAVE A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE CEO WAS DETERMINATED AFTER A COMPENSATION ANALYSIS IN THE SUMMER OF 2015. THE STUDY INCLUDED COMPARISONS TO A NUMBER OF SIMILARLY SIZED ORGANIZATIONS IN SEVERAL SECTORS OF THE NONPROFIT INDUSTRY AND WITHIN OUR GEOGRAPHIC AREA. THE BOARDS COMPENSATION DELIBERATION AND DECISION WAS CONTEMPORANEOUSLY SUBSTANTIATED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES COPIES OF ALL REQUIRED DOCUMENTS, INCLUDING ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND TAX RETURNS AVAILABLE TO THE PUBLIC UPON REQUEST TO ITS CORPORATE SECRETARY OR VICE PRESIDENT OF FINANCE. SOME INFORMATION HAS BEEN PLACED ON THE ORGANIZATIONS WEBSITE AND MORE IS EXPECTED TO BE POSTED AS RESOURCES ALLOW. FORM 990, PART XI, LINE 9: TRANSFER OF RESTRICTED ENDOWMENT -350,015. FORM 990 PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.