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Bks Iyengar Yoga Association Of Greater New York Inc

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

EIN: 133351906 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Bks Iyengar Yoga Association Of Greater New York Inc?

Bks Iyengar Yoga Association of Greater New York Inc is a nonprofit organization, whose specific activities and mission are detailed in an attachment to their Schedule O filing. The association is committed to providing a core curriculum in the field of yoga. While the precise nature of their work and objectives are not explicitly stated in the provided information, it can be inferred that they are dedicated to promoting and teaching yoga practices, likely in the Iyengar style, within the Greater New York area.


Official website here: www.iyengarnyc.org

What are the reviews and ratings of this charity?

94% - Four-Star out of Four Star rating

The Bks Iyengar Yoga Association Of Greater New York Inc has achieved a high rating of 94% from Charity Navigator, reflecting its strong performance in accountability and finance. This rating is significant as it indicates the organization’s commitment to transparency and effective financial management, which are crucial for maintaining donor trust and ensuring sustainability.

The organization boasts an entirely independent board, with 80% of its members meeting this criterion, which strengthens its governance structure. It also has robust policies in place regarding conflict of interest, whistleblower protections, and document retention, all of which contribute to sound operational practices. Additionally, a high program expense ratio of 82.43% demonstrates a strong focus on delivering quality programming rather than on administrative costs.

However, while the financial indicators are largely positive, the organization maintains a liabilities to assets ratio of 52.28%, which, although reasonable, may warrant ongoing monitoring to ensure financial health. Overall, the Bks Iyengar Yoga Association exhibits strong accountability practices and a dedicated focus on its mission, positioning it as a trustworthy nonprofit in the yoga community.


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

What do the Facebook reviews say about Bks Iyengar Yoga Association Of Greater New York Inc?

94% of 61 reviewers on Facebook recommend the Bks Iyengar Yoga Association Of Greater New York Inc. Here is a summary of their reviews:

While many participants express satisfaction with the diverse class offerings and the overall atmosphere, some users caution that the quality of instruction can vary significantly between classes. One reviewer specifically shared a negative experience, describing a Level 2 class as poorly structured and the instructor as disoriented, leading to a disappointing session. This highlights the importance of carefully selecting classes and instructors.

Overall, the sentiment tends to lean positive, with many attendees appreciating the organization and its authentic yoga environment. However, it’s clear that personal experiences may differ based on individual instructors, suggesting that prospective students carefully review their options.


This AI summary has been generated from reviews found on Facebook.

Is Bks Iyengar Yoga Association Of Greater New York Inc legitimate?

Bks Iyengar Yoga Association Of Greater New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bks Iyengar Yoga Association Of Greater New York Inc 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: $192,422
Professional Fundraising Fees: $0
Other Salaries and Wages: $165,447

For more financial information, click here


Official website here: www.iyengarnyc.org

What is the mission statement of Bks Iyengar Yoga Association Of Greater New York Inc?

The mission statement of Bks Iyengar Yoga Association Of Greater New York Inc, as per the provided information, is not explicitly stated. However, it can be inferred that the organization's focus is on promoting and teaching Iyengar yoga through their core curriculum, as indicated by the "CORE CURRICULUM - SEE ATTACHMENT TO SCHEDULE O" statement. The exact mission statement or objectives beyond this are not provided in the data.


Official website here: www.iyengarnyc.org

Who is the CEO of Bks Iyengar Yoga Association Of Greater New York Inc?

Ronald Groenendyk is the Executive Director of Bks Iyengar Yoga Association Of Greater New York Inc.


Official website here: www.iyengarnyc.org

What is the revenue of Bks Iyengar Yoga Association Of Greater New York Inc?

Bks Iyengar Yoga Association Of Greater New York Inc's revenue in 2022 was $1,207,514.


Official website here: www.iyengarnyc.org

Who are the executives of Bks Iyengar Yoga Association Of Greater New York Inc and what are their salaries?

The average compensation at Bks Iyengar Yoga Association Of Greater New York Inc during 2022 was $25,562. There are 14 employees and 1 volunteer at Bks Iyengar Yoga Association Of Greater New York Inc.


Here are 13 key members and their salaries:


James Murphy (Association Director/Board Member)
  • Compensation: $76,800
  • Related: $0
  • Other: $7,590
Ronald Groenendyk (Executive Director)
  • Compensation: $76,002
  • Related: $0
  • Other: $7,590
Edward Mckeaney (Executive Director (Left March 2022))
  • Compensation: $20,420
  • Related: $0
  • Other: $1,265
Liza Toft (Board Member)
  • Compensation: $9,599
  • Related: $0
  • Other: $0
Kevin Allen (Secretary (Left December 2022))
  • Compensation: $3,257
  • Related: $0
  • Other: $0
Sharib Khan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Evans (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Wallace (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Iacussi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Bozman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aneesh Deshpande (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Mann Left December 2022 (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Perry-Bush (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.iyengarnyc.org

Where can I find the form 990 for Bks Iyengar Yoga Association Of Greater New York Inc?

Bks Iyengar Yoga Association Of Greater New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iyengarnyc.org

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

Mission Statement of Bks Iyengar Yoga Association Of Greater New York Inc

The Bks Iyengar Yoga Association of Greater New York Inc is a nonprofit organization that is committed to promoting the teachings of B.K.S. Iyengar, a renowned yoga master. While the specific details of their mission and activities are not provided in the information, the mention of a core curriculum implies that they likely focus on disseminating and teaching the Iyengar yoga method to individuals. This method emphasizes alignment, breath control, and meditation, making it a holistic approach to physical and mental well-being. By offering this curriculum, the association aims to help individuals improve their health, flexibility, and overall well-being. However, without further information, the exact scope and goals of the Bks Iyengar Yoga Association of Greater New York Inc remain unclear.

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Impact




August, 2024

The impact of Bks Iyengar Yoga Association Of Greater New York Inc can be seen through its promotion of physical and mental well-being among individuals in New York City. By offering a core curriculum based on the teachings of renowned yogi BKS Iyengar, the organization helps people improve their overall health and quality of life. Through its activities, the association fosters a sense of community and provides valuable human services to its members and participants.




This information is meant to be a general summary of Bks Iyengar Yoga Association Of Greater New York Inc. 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
$1,207,514 (2022)
Expenses
$1,163,200 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $31
  • Program Service Revenue: $924,349
  • Gross Receipts: $1,208,326

Assets and Liabilities:

  • Total Assets: $1,267,762
  • Total Liabilities: $662,886
  • Net Assets: $604,876

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Programs

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

CLASSES AND EDUCATION FEES

Revenue

$924,349

Organization Details

Founding Year

1987

Principal Officer

Ronald Groenendyk

Main Address

227 WEST 13TH STREET 2ND FLOOR, NEW YORK, NY, 10011

NTEE Category

Code: P50 - Human services

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