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Advaita Meditation Center

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

EIN: 042596556 ✦ Waltham, MA ✦ Designated as a 501(c)(3)

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Overview

What is Advaita Meditation Center?

The Advaita Meditation Center, established in 1970, is a volunteer-led nonprofit organization situated in New England. With a mission to promote meditation and spiritual inquiry, the center has attracted thousands of participants who seek to live more consciously and joyfully amidst life's complexities and challenges. Through its volunteer-run programs, the Advaita Meditation Center encourages individuals to explore and understand their interactions with society, fostering a sense of unity and well-being.


Official website here: www.advaitameditation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

Advaita Meditation Center has achieved a Three-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The overall score is derived solely from the Accountability & Finance category, where the organization scored 76%. This score reflects strong governance practices, including a fully independent board and effective management of assets with no material diversion reported.

The organization excels in transparency, as evidenced by its high scores in board independence and program expense ratio, with 93.94% of expenses directed towards its programs. However, several critical policies are absent, including a conflict of interest policy, whistleblower policy, and document retention guidelines, which impacted the overall score significantly in the accountability area.

While the Advaita Meditation Center demonstrates effective financial management and governance, the lack of certain policies may raise concerns about its operational transparency. Addressing these gaps would likely enhance its overall rating and further strengthen donor confidence.


This AI summary has been generated from information found on Charity Navigator.

Is Advaita Meditation Center legitimate?

Advaita Meditation Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Advaita Meditation Center 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.advaitameditation.org

What is the mission statement of Advaita Meditation Center?

The Advaita Meditation Center, a volunteer-led organization, is committed to fostering meditation and spiritual exploration. Established in 1970, it has served thousands of participants from New England, guiding them in discovering ways to live more mindfully and joyfully amidst life's complexities and challenges. Its mission is centered around promoting meditation and spiritual inquiry, offering volunteer-run programs that delve into the intricate relationship between individuals and society.


Official website here: www.advaitameditation.org

Who is the CEO of Advaita Meditation Center?

William Wharton is the Trustee of Advaita Meditation Center.


Official website here: www.advaitameditation.org

What is the revenue of Advaita Meditation Center?

Advaita Meditation Center's revenue in 2023 was $59,170.


Official website here: www.advaitameditation.org

Who are the executives of Advaita Meditation Center and what are their salaries?

There 30 volunteers at Advaita Meditation Center.


Here are 8 key members and their salaries:


Janis Mondano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Dockery (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Wharton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hy Zhinik (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allan Nineberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Goff (Clerk; Asst Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danae Wharton (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Robinson (Asst. Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.advaitameditation.org

Where can I find the form 990 for Advaita Meditation Center?

Advaita Meditation Center's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.advaitameditation.org

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

Mission Statement of Advaita Meditation Center

The Advaita Meditation Center, established in 1970, is a volunteer-driven organization committed to fostering meditation and spiritual exploration. Since its inception, this center has attracted thousands of participants from New England, offering them an opportunity to delve into the intricacies of living consciously and joyfully amid life's complexities and challenges. The mission of Advaita Meditation Center is to promote a deeper understanding of self and society through its volunteer-led programs that encourage spiritual inquiry.

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Impact




August, 2024

Advaita Meditation Center's impact is profound, touching the lives of thousands of participants from throughout New England since 1970. Through its volunteer-run programs, the center promotes meditation and spiritual inquiry, guiding individuals on a path towards conscious and joyful living amidst life's complexities and challenges. By investigating the interaction between people and society, the center fosters a deeper understanding of personal growth and societal well-being. This commitment to self-exploration and communal reflection has created a ripple effect of positive transformation in the lives of those who engage with the center's offerings.




This information is meant to be a general summary of Advaita Meditation Center. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$59,170 (2023)
Expenses
$70,721 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $23,958
  • Program Service Revenue: $32,637
  • Gross Receipts: $59,365

Assets and Liabilities:

  • Total Assets: $1,896,511
  • Total Liabilities: $0
  • Net Assets: $1,896,511

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Programs

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

TUITION

Revenue

$32,637

Organization Details

Founding Year

1976

Principal Officer

William Wharton

Main Address

28 WORCESTER LANE, WALTHAM, MA, 02452

NTEE Category

Code: A77Z - Arts

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