2014-05-14T12:02:44-05:00 2013-12-31 042571780 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBORO MA 01581 990 2013-01-01 231718197 KRIPALU CENTER FOR YOGA & HEALTH KRIP 4134483169 PO BOX 309 STOCKBRIDGE MA 01262 DAVID LIPSIUS CEO 4134483169 2014-05-09 1 THOMAS WASHBURN CPA P00537319 5083669100 2014-05-07 2013 2015-11-30 17:44:51Z KRIPALU CENTER DAVID LIPSIUS PO BOX 309 STOCKBRIDGE MA 01262 45044403 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. 16 15 607 1480 632188 113166 1407685 1622194 28818143 30357232 464290 749480 1815554 1925201 32505672 34654107 155310 135844 0 0 15435015 16193613 11485 549 473054 14473451 15326002 30075261 31656008 2430411 2998099 47182003 49455581 25367700 24623915 21814303 24831666 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 20015873 23665417 EDUCATIONAL PROGRAMS, SEMINARS AND RETREATS:KRIPALU OFFERS A CURRICULUM OF 686 EDUCATIONAL PROGRAMS, SEMINARS, AND SPIRITUAL RETREATS ATTENDED BY OVER 30,528 INDIVIDUALS EACH YEAR. KRIPALU'S PROGRAM FACULTY INCLUDES WORLD-RENOWNED TEACHERS ALONG WITH PROMINENT VISIONARIES, AUTHORS, ARTISTS, AND INSPIRATIONAL SPEAKERS. ALSO ON THE FACULTY ARE MANY YOGA AND MEDITATION INSTRUCTORS, PERSONAL GROWTH WORKSHOP LEADERS, HOLISTIC HEALTH EXPERTS, LIFE COACHES, AND OTHERS WITH A CLOSE AND REGULAR AFFILIATION TO THE ORGANIZATION. ALL KRIPALU'S PROGRAMS ARE DESIGNED OR CAREFULLY SELECTED TO SERVE THE ORGANIZATION'S MISSION AND MEET THE NEEDS OF A BROAD SPECTRUM OF PEOPLE, RANGING FROM BEGINNERS TO ADEPTS. AN EDUCATIONAL CURRICULUM WITH TREMENDOUS BREADTH AND DEPTH FLOWS NATURALLY FROM THE ORGANIZATION'S GUIDING MISSION THAT EMBRACES ALL SYSTEMS AND TECHNIQUES THAT HELP HARMONIZE BODY, MIND, AND SPIRIT, AND RETURN INDIVIDUALS TO THE SENSE OF VIBRANCY AND LIFE PURPOSE THAT IS THEIR BIRTHRIGHT. SOME PROGRAMS AND WORKSHOPS DRAW FROM THE WORLD'S GREAT WISDOM TRADITIONS WHILE OTHERS ARE BASED ON EMERGING SCIENCE AND THE PIONEERING WORK OF CONTEMPORARY TEACHERS. EVERY KRIPALU PROGRAM WILL BRING PARTICIPANTS INTO THE PRESENCE OF A LEADING FIGURE IN HIS OR HER FIELD, EXPOSE THEM TO THE ORGANIZATION'S MISSION THROUGH THE EXPERIENTIAL EDUCATION FOR WHICH IT HAS BECOME RENOWNED, AND INVITE THEM TO EXPLORE AND CELEBRATE THE WONDER AND MYSTERY OF LIFE.EVERY KRIPALU PROGRAM ALSO OFFERS AN IMMERSION EXPERIENCE IN A HOLISTIC ENVIRONMENT DEDICATED TO HEALTH, WELL-BEING, AND PERSONAL TRANSFORMATION. THE EXPERIENCE OF STUDENTS IS CONSIDERABLY ENHANCED BY KRIPALU'S SCHEDULE OF MORNING, MID-DAY, AND AFTERNOON YOGA AND MOVEMENT CLASSES, A VARIETY OF EVENING PROGRAM OFFERINGS, A NATURAL FOODS DIET, BEAUTIFUL SURROUNDINGS AND NEARBY WALKING TRAILS, AND THE OPPORTUNITY TO INTERACT WITH A COMMUNITY OF LIKE-MINDED PEOPLE AND YOGA PRACTITIONERS.IN ADDITION TO THE CONTENT OF THE 686 EDUCATIONAL PROGRAMS AND RETREATS OFFERED EACH YEAR, THE ORGANIZATION OFFERS WORKSHOP AND RETREAT PARTICIPANTS OVER 1,300 WORKSHOPS ON TOPICS RANGING FROM HEALTH AND NUTRITION TO PERSONAL GROWTH AND MIND-BODY WELLNESS, 2,800 YOGA CLASSES, AND 350 DANCE AND MOVEMENT CLASSES, 500 OUTDOOR ACTIVITIES, AND OVER 400 EVENING EVENTS AND CONCERTS EACH YEAR. 3636112 3852734 PROFESSIONAL TRAININGS:FOR OVER FORTY YEARS, KRIPALU HAS BEEN HELPING PEOPLE BECOME EFFECTIVE EDUCATORS, TEACHERS AND SENSITIVE HEALERS THROUGH A CURRICULUM OF RESIDENTIAL CERTIFICATION PROGRAMS. KRIPALU'S PROFESSIONAL TRAININGS CURRENTLY INCLUDE: THE KRIPALU SCHOOL OF YOGA AND AYURVEDAL, WHICH IS A PROPRIETARY SCHOOL LICENSED BY THE MASSACHUSETTS DEPARTMENT OF EDUCATIONKRIPALU'S PROFESSIONAL TRAINING CURRICULUM BLENDS HIGH-QUALITY CONTENT WITH AN EXPERIENTIAL APPROACH TO LEARNING. STUDENTS ARE PROVIDED ABUNDANT OPPORTUNITIES TO PUT THE THEORY COVERED IN THE MANUALS AND CLASSROOM INTO ACTUAL PRACTICE. THE TRAINING EXPERIENCE IS CONSIDERABLY ENHANCED BY KRIPALU'S UNIQUE SETTING, WHICH PROVIDES AN IMMERSION EXPERIENCE IN A HOLISTIC ENVIRONMENT DEDICATED TO HEALTH, WELL-BEING,AND PERSONAL TRANSFORMATION. GRADUATES RETURN HOME READY TO OFFER THEIR NEWLY ACQUIRED SKILLS TO THEIR COMMUNITIES, CREATING A CAREER THEY LOVE THAT SERVES THE WELL-BEING OF OTHERS. GRADUATES DRAW SUSTENANCE FROM LONG-LASTING FRIENDSHIPS FORMED IN THE TRAINING AND CAN ALSO CHOOSE TO JOIN A SUPPORTIVE PROFESSIONAL NETWORK. KRIPALU SUPPORTS A GLOBAL PROFESSIONAL ASSOCIATION OF YOGA TEACHERS AND YOGA STUDIOS WITH A MEMBERSHIP OF MORE THAN 2,380 MEMBERS. THESE TEACHERS OFFER YOGA CLASSES AND A RANGE OF OTHER EDUCATIONAL AND HEALTH-PROMOTING SERVICES THAT TOUCH THE LIVES OF THOUSANDS OF INDIVIDUALS ON A WEEKLY BASIS. NETWORK MEMBERS RECEIVE A WIDE-RANGE OF CONTINUING EDUCATION BENEFITS INCLUDING INSPIRATIONAL NEWSLETTERS AND AUDIO RECORDINGS, ACCESS TO TEACHING GRANTS, LIABILITY INSURANCE, BUSINESS AND MARKETING TOOLS, ONLINE SUPPORT, AND AN ANNUAL CONFERENCE HELD AT KRIPALU CENTER.IN 2013, OVER 1,000 INDIVIDUALS PARTICIPATED IN KRIPALU'S PROFESSIONAL TRAINING PROGRAMS. IN ADDITION, KRIPALU PROVIDED 59 GRANTS TOTALING$31,641 TO PROVIDE YOGA EDUCATION TO UNDERSERVED POPULATIONS IN 2013. THESE GRANTS ENABLE CERTIFIED YOGA TEACHERS AND SCHOOL TEACHERS TO ASSIST A WIDE RANGE OF PEOPLE IN NEED INCLUDING RACIAL AND ETHNIC MINORITIES, CANCER PATIENTS, VICTIMS OF DOMESTIC VIOLENCE, AT-RISK CHILDREN AND YOUTH, PREGNANT MOTHERS, RESIDENTS OF HOMELESS SHELTERS, INMATES, AND MANY OTHER SUCH GROUPINGS. 2607415 2526858 HOLISTIC SERVICES AND HEALING ARTS:SINCE ITS INCEPTION, KRIPALU HAS BEEN A LEADER IN THE MOVEMENT TO INTEGRATE TRADITIONAL, ALLOPATHIC, AND ALTERNATIVE MEDICINE INTO A HOLISTIC APPROACH THAT EMPHASIZES THE POWER OF DIET, LIFESTYLE, AND NON-INVASIVE HEALING MODALITIES TO REGAIN/MAINTAIN GOOD HEALTH AND EMPOWERS PEOPLE TO REALIZE THEIR FULL POTENTIAL IN LIFE.IN 1975, KRIPALU BEGAN OFFERING HANDS-ON HEALING TREATMENTS TO HELP INDIVIDUALS JUMP START THEIR JOURNEY TO PHYSICAL HEALTH, PSYCHOLOGICAL GROWTH, AND SPIRITUAL AWAKENING. THIRTY-SEVEN YEARS LATER, KRIPALU CONTINUES TO OFFER A BROAD RANGE OF ONE-ON-ONE HEALING MODALITIES BECAUSE THEY HAVE PROVEN THEMSELVES HIGHLY EFFECTIVE. OVER THIS TIME PERIOD, MEDICAL RESEARCH HAS BEEN PERFORMED THAT INCREASINGLY VALIDATES THE EFFICACY OF A RANGE OF THESE TECHNIQUES, WHICH ARE DRAWN FROM TRADITIONAL HEALING SYSTEMS AND PIONEERS IN HOLISTIC HEALTH SCIENCE AND OFTEN REFERRED TO AS COMPLEMENTARY AND ALTERNATIVE MEDICINE.KRIPALU HEALING ARTS ARE A POWERFUL ADDITION TO ANY KRIPALU PROGRAM, PROVIDING AN EXPERIENCE OF THE SAME INTEGRATED FUNCTIONING OF BODY, MIND, AND SPIRIT SOUGHT THROUGH DISCIPLINES LIKE YOGA AND MEDITATION. MANY PEOPLE FIND THE HANDS-ON HELP AND PERSONAL GUIDANCE OF A HEALING ARTS THERAPIST ESSENTIAL TO LEARNING HOW TO ACCESS DEEP LEVELS OF RELAXATION AND SELF-ATTUNEMENT. AFTERWARDS, THEY ARE ABLE TO PRACTICE EFFECTIVELY ON THEIR OWN. EACH YEAR KRIPALU PROVIDES APPROXIMATELY 28,000 HOLISTIC SERVICES, ALL PERFORMED AT ITS PROGRAM AND RETREAT CENTER. 2228085 135844 1603951 OTHER PROGRAM SERVICES INCLUDE EXPENSES OF $1,315,205 (EXCLUDING OF 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 $1,291,510 (AFTER DEDUCTING COST OF GOODS SOLD) IS ASSOCIATED WITH THIS AREA.IN ADDITION, $652,393 IN EXPENSES ARE RELATED TO THE OPERATION OF THE INSTITUTE FOR EXTRAORDINARY LIVING, WHICH IS CONTINUING KRIPALU'S ESTABLISHED POSITION AS A PIONEER IN THE INTERFACE OF EASTERN CONTEMPLATIVE DISCIPLINES WITH WESTERN MEDICINE, PSYCHOLOGY, AND HEALTH SCIENCE. THE INSTITUTE IS COLLABORATING WITH THE PRESTIGIOUS BRIGHAM AND WOMEN'S HOSPITAL, AND MASSACHUSETTS GENERAL HOSPITAL IN RESEARCHING THE EFFECTIVENESS OF YOGA TRAINING ON OPTIMUM HEALTH AND IN VARIOUS SETTINGS, INCLUDING ITS IMPACT ON STUDENTS IN MIDDLE AND HIGH SCHOOL. 2228085 135844 1603951 28487485 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 0 1 0 1 0 0 0 0 0 0 0 0 1 391 0 1 607 1 1 1 0 0 0 0 0 0 0 0 0 X 16 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA PA X X JOHN O'NEILL 4134483169 57 INTERLAKEN ROAD STOCKBRIDGE MA 01262 MARCY BALTER BOARD CHAIR 25.00 X X 0 0 0 DOROTHY COCHRANE BOARD MEMBER 4.00 X 0 0 0 LISETTE COOPER BOARD MEMBER 2.00 X 0 0 0 STEVE DINKELAKER BOARD MEMBER 2.00 X 0 0 0 DAVID ELLNER BOARD MEMBER 1.00 X 0 0 0 MARCIA Z FEUER BOARD MEMBER 4.00 X 0 0 0 CHRISTINE FUCHS BOARD MEMBER 2.50 X 0 0 0 STEPHEN GLICK PHD BOARD MEMBER 3.00 X 0 0 0 SARAH HANCOCK BOARD MEMBER 3.00 X 0 0 0 TIMOTHY M HENRY BOARD MEMBER 2.00 X 0 0 0 JOAN KOPPERL BOARD MEMBER 5.00 X 0 0 0 CAROL O'NEIL BOARD MEMBER 5.00 X 0 0 0 MICHAEL PULITZER JR BOARD MEMBER 2.00 X 0 0 0 JOHN E TAYLOR BOARD MEMBER 6.00 X 0 0 0 RICHARD FAULDS VP OF YOGA DEVELOPMENT 70.00 X X 317054 0 6943 ERIN COCHRANE TUNNICLIFFE BOARD MEMBER 2.00 X 0 0 0 DAVID LIPSIUS CEO 50.00 X 222618 0 4967 JOHN O'NEILL VP OF OPERATIONS 50.00 X 163256 0 6535 JILL SASSO-CURTIS VP OF MARKETING 45.00 X 136237 0 9019 KAREN GROSSMAN VP OF INST. ADVANCEMENT 45.00 X 118383 0 903 DENISE BARACK DIR. OF PROGRAM DEVELOPMENT 45.00 X 143845 0 4691 KELLY BAXTER-SPITZ DIR. OF DEVELOPMENT 40.00 X 105307 0 9019 CATE BENNETT CREATIVE DIRECTOR 40.00 X 100549 0 8206 1307249 0 50283 8 0 1 0 MAROIS CONSTRUCTION CO INC 262 OLD LYMAN RD SOUTH HADLEY MA 01075 CONSTRUCTION 1598038 QUADGRAPHICS INC PO BOX 842858 BOSTON MA 022842858 PRINTING AND MAILING SERVICES 688693 ADAMS PLUMBING & HEATING INC PO BOX 126 ADAMS MA 01220 CONSTRUCTION 522174 RED HAWK FIRE & SECURITY 32 CHAR DRIVE WESTFIELD MA 01085 FIRE DETECTION AND SECURITY SYSTEM 422856 LB CORPORATION 95 MARBLE STREET LEE MA 01238 CONSTRUCTION 295614 8 1622194 24279 1622194 RETREATS, EDUCATION AND SEMINARS 611600 27233592 27233592 HOLISTIC THERAPIES 812900 2839081 2526858 312223 ANCILLARY 611600 284559 284559 30357232 514154 514154 1285 1285 4219010 4270891 3997363 4257212 221647 13679 235326 235326 3818117 2135721 1682396 1365972 316424 EMPLOYEE MEALS 722210 154444 154444 OTHER REVENUE 900099 78454 78454 MAILING LIST RENTAL 541860 8622 5081 3541 241520 34654107 31648960 632188 750765 104203 104203 31641 31641 977956 456963 503235 17758 12685666 12002960 417940 264766 1226818 1140849 63021 22948 1303173 1211192 74993 16988 455161 283442 171719 163704 51818 111886 95159 78397 16762 549 549 52926 52926 50727 34684 16043 2182865 2039734 60166 82965 156195 143934 7865 4396 273911 237138 15798 20975 7380 7380 1231495 1182817 46517 2161 95134 82983 3716 8435 13690 10290 910 2490 917350 917350 1937918 1902231 35687 317573 217941 99632 UNRELATED BUSINESS INCO 37251 37251 CONTRACT FACULTY 3111086 3110436 650 CAMPUS OPERATIONS 2651465 2646670 4795 CREDIT CARD FEES 735441 731156 6 4279 839571 778626 37251 23694 31656008 28487485 2695469 473054 1898164 1895063 519348 636195 79839 50000 13450 13104 460203 472346 529938 408541 50800792 17299156 31104198 33501636 12338448 12254306 238415 224390 47182003 49455581 1746928 1700680 5307145 5318880 18146060 17460728 19299 0 148268 143627 25367700 24623915 X 20346905 23313237 1462912 1383942 4486 134487 21814303 24831666 47182003 49455581 2998099 19264 0 X X 0 1 X 1 0 X 1542070 1284343 1224963 1407685 1622194 7081255 22959667 26892130 28536925 30040938 31648960 140078620 24501737 28176473 29761888 31448623 33271154 147159875 0 0 0 147159875 200790 137112 335511 461181 514154 1648748 200790 137112 335511 461181 514154 1648748 53169 89458 79055 248187 632188 1102057 24755696 28403043 30176454 32157991 34417496 149910680 0.98170 0.98480 0.01100 0.01180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 526386 131351 33736 48638 642835 513818 31301 44406 63139 526386 531322 33875 -8708 42671 513818 352023 201951 25242 47894 531322 324770 55100 3651 31498 352023 0.20940 0.79060 0 0 82489 82489 43254526 12397658 30856868 5368348 3332152 2036196 2095429 1569346 526083 33501636 RETIREMENT OBLIGATIONS 143627 143627 X 36748786 19264 -7380 11884 36736902 52926 -2135721 -2082795 34654107 33731423 2135721 2135721 31595702 52926 7380 60306 31656008 PART X, LINE 2: THE POLICY OF THE ORGANIZATION IS TO RECOGNIZE INTEREST ACCRUED RELATED TO UNCERTAIN TAX POSITIONS IN INTEREST EXPENSE AND PENALTIES IN GENERAL AND ADMINISTRATIVE EXPENSES. THERE WERE NO SUCH EXPENSES IN 2013 OR 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: ROYALTIES EXPENSE NET WITH REVENUE ON THE AUDITED FINANCIAL STATEMENTS -7,380. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD NET WITH RETAIL SALES -2,135,721. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,135,721. PART XII, LINE 4B - OTHER ADJUSTMENTS: ROYALTIES EXPENSE NET WITH REVENUE ON THE AUDITED FINANCIAL STATEMENTS 7,380. 1 BRIGHAM & WOMEN'S HOSPITAL 221 LONGWOOD AVE SUITE 438 BOSTON MA 021155804 042312909 503(C)(3) 76903 THE ORGANIZATION PARTNERS WITH KRIPALUS INSTITUTE FOR EXTRAORDINARY LIVING TO CONDUCT SCIENTIFIC RESEARCH STUDIES ON THE BENEFITS OF YOGA. MASSACHUSETTS GENERAL HOSPITAL PO BOX 414876 BOSTON MA 02241 042697983 503(C)(3) 10000 THE ORGANIZATION PARTNERS WITH KRIPALUS INSTITUTE FOR EXTRAORDINARY LIVING TO CONDUCT SCIENTIFIC RESEARCH STUDIES ON THE BENEFITS OF YOGA. BERKSHIRE MEDICAL CENTER PO BOX 4999 PITTSFIELD MA 01202 042791396 501(C)(3) 12900 THE ORGANIZATION PARTNERS WITH KRIPALUS INSTITUTE FOR EXTRAORDINARY LIVING TO CONDUCT SCIENTIFIC RESEARCH STUDIES ON THE BENEFITS OF YOGA. 3 3 CASH GRANTS TO PROVIDE TEACHING SERVICES. 59 31641 PART I, LINE 2 THE USE OF THE FUNDS IS MONITORED VIA WRITTEN AGREEMENTS AND DIRECT COLLABORATION BETWEEN KRIPALUS INSTITUTE FOR EXTRAORDINARY LIVING AND THE RECIPIENT ORGANIZATIONS. X X X X X 0 0 0 0 0 0 0 0 0 RICHARD FAULDS VP OF YOGA DEVELOPMENT 242943 0 65000 0 9111 0 0 0 6943 0 323997 0 0 0 DAVID LIPSIUS CEO 197618 0 25000 0 0 0 0 0 4967 0 227585 0 0 0 JOHN O'NEILL VP OF OPERATIONS 133256 0 30000 0 0 0 0 0 6535 0 169791 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 2539272 20000000 100000 16174003 3725997 2009 1 0 1 1 A 0 0 0 0 1 0 1 A 0 0 1 0 0 0 0 0 0 A 1 DANNA FAULDS SPOUSE OF THE FORMER CEO 29962 WAGES PAID FOR PART TIME EMPLOYMENT 0 JOHN TUNNICLIFFE SPOUSE OF A BOARD MEMBER 49932 WAGES FOR TIME SERVED AS THE SHOP MANAGER. 0 X 4 22246 QUOTED PRICE X MATADOR CONGA 1 1853 QUOTED PRICE 0 1 1 PART I, LINE 32B: KRIPALU USED THEIR BROKER TO SELL THEIR DONATED STOCK. FORM 990, PART I, ITEM C DBA: KRIPALU SCHOOL OF AYURVEDA DBA: KRIPALU SCHOOL OF YOGA DBA: KRIPALU YOGA TEACHER'S ASSOCIATION DBA: KRIPALU INSTITUTE FOR EXTRAORDINARY LIVING DBA: KRIPALU AYURVEDIC PRACTITIONERS ASSOCIATION FORM 990, PART VI, SECTION B, LINE 11 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 DIRECTOR 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 FOR THE CEO WAS DETERMINED AFTER A COMPENSATION ANALYSIS BY AN INDEPENDENT HR CONSULTANT IN THE SUMMER OF 2013. 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 DIRECTOR OF FINANCE. SOME INFORMATION HAS BEEN PLACED ON THE ORGANIZATIONS WEBSITE AND MORE IS EXPECTED TO BE POSTED AS RESOURCES ALLOW. FORM 990 PART VI: THE ORGANIZATION'S BYLAWS INCLUDE SECTION 6.5, AS DESCRIBED BELOW. THIS BYLAW REQUIRES THE GOVERNING BOARD OF TRUSTEES TO APPOINT AN EXECUTIVE COMMITTEE CONSISTING ENTIRELY OF ACTIVE TRUSTEES THAT IS AUTHORIZED TO ACT ON ITS BEHALF ON MATTERS REQUIRING DECISIONS BETWEEN REGULAR BOARD MEETINGS. DURING 2013, THE EXECUTIVE COMMITTEE DID MEET AS AUTHORIZED TO TAKE ACTION ON A VARIETY OF MATTERS, ALL OF WHICH WERE REPORTED BACK TO THE FULL BOARD. THE BOARD SHALL APPOINT AN EXECUTIVE COMMITTEE CONSISTING OF THE BOARD CHAIR, THE CHIEF EXECUTIVE OFFICER, AND AT LEAST THREE OTHER TRUSTEES TO ACT UPON MATTERS REQUIRING DECISIONS BETWEEN REGULAR BOARD MEETINGS. THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY TO ENACT BINDING CORPORATE RESOLUTIONS. THE EXECUTIVE COMMITTEE SHALL BE CHAIRED BY THE CHAIR OF THE BOARD.A QUORUM SHALL CONSIST OF MORE THAN ONE-HALF OF THE EXECUTIVE COMMITTEE MEMBERS, PROVIDED THAT EITHER THE BOARD CHAIR OR CHIEF EXECUTIVE OFFICER IS PRESENT. TRUSTEES ATTENDING A MEETING BY PHONE SHALL BE COUNTED AS PRESENT FOR PURPOSES OF CALCULATING A QUORUM. EITHER THE BOARD CHAIR, THE CHIEF EXECUTIVE OFFICER, OR ANY TWO MEMBERS OF THE EXECUTIVE COMMITTEE MAY CALL A MEETING. A WRITTEN RECORD OF ISSUES CONSIDERED AND ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE SHALL BE KEPT AND COMMUNICATED TO THE BOARD AS SOON AS PRACTICAL AFTER THE MEETING. FORM 990 PART XII, LINE C: NO CHANGE