Michael Newton Institute For Life Between Lives Hypnotherapy Inc
Michael Newton Institute operates at a deficit in recent years, with declining assets but no officer compensation.
EIN: 203518700 · Wilmington, NC · NTEE: V23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $183K |
| Total Expenses | $105K |
| Program Spending | 85% |
| Net Assets | $36K |
| Transparency Score | 75/100 |
Is Michael Newton Institute For Life Between Lives Hypnotherapy Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Michael Newton Institute For Life Between Lives Hypnotherapy Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Michael Newton Institute For Life Between Lives Hypnotherapy Inc
Michael Newton Institute For Life Between Lives Hypnotherapy Inc (EIN: 203518700) is a nonprofit organization based in Wilmington, NC, classified under NTEE code V23. The organization reported total revenue of $183K and total assets of $52K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Michael Newton Institute For Life Between Lives Hypnotherapy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Michael Newton Institute For Life Between Lives Hypnotherapy Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $88K |
| Total Expenses | $105K |
| Surplus / Deficit | $-16,904 |
| Total Assets | $44K |
| Total Liabilities | $8K |
| Net Assets | $36K |
| Operating Margin | -19.1% |
| Debt-to-Asset Ratio | 18.1% |
| Months of Reserves | 5.0 months |
Financial Health Grade: B
In 2023, Michael Newton Institute For Life Between Lives Hypnotherapy Inc reported a deficit of $17K with expenses exceeding revenue, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 18.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Michael Newton Institute For Life Between Lives Hypnotherapy Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.4% | +9.8% | -23.3% |
| 2022 | -41.8% | -3.1% | -34.6% |
| 2021 | +47.0% | +68.0% | +14.8% |
| 2020 | -39.9% | -58.4% | +28.5% |
| 2019 | +42.9% | +73.7% | -20.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Michael Newton Institute For Life Between Lives Hypnotherapy Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Michael Newton Institute For Life Between Lives Hypnotherapy Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $17K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or directors receive compensation from the organization, which is highly commendable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Michael Newton Institute For Life Between Lives Hypnotherapy Inc's IRS 990 filings:
- Consistent operating deficits in recent years (2023, 2022, 2019, 2017, 2014) where expenses exceeded revenue.
- Declining asset base from $88,030 in 2021 to $44,144 in 2023, suggesting reliance on reserves to cover deficits.
Strengths
The following positive indicators were identified for Michael Newton Institute For Life Between Lives Hypnotherapy Inc:
- Zero officer compensation reported across all filings, demonstrating a strong commitment to mission-focused spending.
- Long operational history with 13 IRS 990 filings, indicating stability and consistent reporting.
- Relatively low liabilities, suggesting prudent financial management of debts.
Frequently Asked Questions about Michael Newton Institute For Life Between Lives Hypnotherapy Inc
Is Michael Newton Institute For Life Between Lives Hypnotherapy Inc a legitimate charity?
Michael Newton Institute For Life Between Lives Hypnotherapy Inc (EIN: 203518700) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $183K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Michael Newton Institute For Life Between Lives Hypnotherapy Inc spend its money?
Michael Newton Institute For Life Between Lives Hypnotherapy Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Michael Newton Institute For Life Between Lives Hypnotherapy Inc tax-deductible?
Michael Newton Institute For Life Between Lives Hypnotherapy Inc is registered as a tax-exempt nonprofit (EIN: 203518700). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Michael Newton Institute For Life Between Lives Hypnotherapy Inc's spending goes to programs?
Michael Newton Institute For Life Between Lives Hypnotherapy Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Michael Newton Institute For Life Between Lives Hypnotherapy Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Michael Newton Institute For Life Between Lives Hypnotherapy Inc is above average for NTEE category V23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Michael Newton Institute For Life Between Lives Hypnotherapy Inc located?
Michael Newton Institute For Life Between Lives Hypnotherapy Inc is headquartered in Wilmington, North Carolina and files with the IRS under EIN 203518700. It is classified under NTEE code V23.
How many years of IRS 990 filings does Michael Newton Institute For Life Between Lives Hypnotherapy Inc have?
Michael Newton Institute For Life Between Lives Hypnotherapy Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $183K in total revenue.
Is the Michael Newton Institute For Life Between Lives Hypnotherapy Inc financially sustainable given recent deficits?
The organization has experienced expenses exceeding revenue in 2023 ($105,263 vs $88,359) and 2022 ($95,872 vs $64,321), leading to a decrease in assets from $88,030 in 2021 to $44,144 in 2023. This trend raises concerns about long-term financial sustainability if not addressed.
What is the primary source of the organization's revenue?
While specific revenue breakdowns are not provided in the summary, the NTEE code V23 (Mental Health & Crisis Intervention) suggests revenue likely comes from program services, membership fees, or donations related to hypnotherapy and life-between-lives training.
How does the organization manage its liabilities?
Liabilities have remained relatively low and stable, ranging from $1,065 in 2017 to $8,002 in 2023, indicating responsible management of its financial obligations despite operating deficits.
Filing History
IRS 990 filing history for Michael Newton Institute For Life Between Lives Hypnotherapy Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Michael Newton Institute For Life Between Lives Hypnotherapy Inc's revenue has grown by 11.5%, moving from $79K to $88K. Total assets decreased by 45% over the same period, from $80K to $44K. Total functional expenses rose by 79.3%, from $59K to $105K. In its most recent filing year (2023), Michael Newton Institute For Life Between Lives Hypnotherapy Inc reported a deficit of $17K, with expenses exceeding revenue. The organization holds $8K in liabilities against $44K in assets (debt-to-asset ratio: 18.1%), resulting in net assets of $36K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $88K | $105K | $44K | $8K | — | — |
| 2022 | $64K | $96K | $58K | $5K | — | View 990 |
| 2021 | $111K | $99K | $88K | $3K | — | View 990 |
| 2020 | $75K | $59K | $77K | $4K | — | View 990 |
| 2019 | $125K | $141K | $60K | $3K | — | View 990 |
| 2018 | $88K | $81K | $75K | $3K | — | View 990 |
| 2017 | $107K | $131K | $68K | $1K | — | — |
| 2016 | $132K | $106K | $93K | $4K | — | View 990 |
| 2015 | $79K | $66K | $66K | $3K | — | View 990 |
| 2014 | $111K | $135K | $51K | $2K | — | View 990 |
| 2013 | $74K | $90K | $77K | $4K | — | View 990 |
| 2012 | $83K | $72K | $91K | $2K | — | View 990 |
| 2011 | $79K | $59K | $80K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $88K, expenses of $105K, and assets of $44K (revenue +37.4% year-over-year).
- 2022: Revenue of $64K, expenses of $96K, and assets of $58K (revenue -41.8% year-over-year).
- 2021: Revenue of $111K, expenses of $99K, and assets of $88K (revenue +47.0% year-over-year).
- 2020: Revenue of $75K, expenses of $59K, and assets of $77K (revenue -39.9% year-over-year).
- 2019: Revenue of $125K, expenses of $141K, and assets of $60K (revenue +42.9% year-over-year).
- 2018: Revenue of $88K, expenses of $81K, and assets of $75K (revenue -18.3% year-over-year).
- 2017: Revenue of $107K, expenses of $131K, and assets of $68K (revenue -18.8% year-over-year).
- 2016: Revenue of $132K, expenses of $106K, and assets of $93K (revenue +66.9% year-over-year).
- 2015: Revenue of $79K, expenses of $66K, and assets of $66K (revenue -28.7% year-over-year).
- 2014: Revenue of $111K, expenses of $135K, and assets of $51K (revenue +49.1% year-over-year).
- 2013: Revenue of $74K, expenses of $90K, and assets of $77K (revenue -9.9% year-over-year).
- 2012: Revenue of $83K, expenses of $72K, and assets of $91K (revenue +4.2% year-over-year).
- 2011: Revenue of $79K, expenses of $59K, and assets of $80K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Michael Newton Institute For Life Between Lives Hypnotherapy Inc:
Data Sources and Methodology
This transparency report for Michael Newton Institute For Life Between Lives Hypnotherapy Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.