Overview
What is Sivananda Yoga Vedanta Center Inc?
Sivananda Yoga Vedanta Center Inc, situated in New York, NY, is a nonprofit organization with a profound focus on spiritual growth and wellness. Their mission is centered around the 'Teaching of Yoga,' a practice that encompasses both physical and mental disciplines. This organization, rooted in the Buddhist tradition, aims to share the wisdom and benefits of yoga with its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star Rating
The Sivananda Yoga Vedanta Center Inc has received a low score of 53% from Charity Navigator, indicating significant concerns regarding its accountability and finance practices. The lack of independent board members and missing essential policies such as conflict of interest and whistleblower policies raises questions about governance and transparency within the organization.
On a positive note, the nonprofit demonstrates a strong commitment to its programs, as reflected in its program expense ratio of 85.09%. This suggests that the majority of its expenditures are directed towards fulfilling its mission. Additionally, the organization shows good financial health with a low liabilities to assets ratio of 0.49%, indicating that it is not heavily burdened by debt.
However, the absence of key documents and policies on its website, such as meeting minutes and the tax form, highlights areas where the organization can improve its transparency and accountability to stakeholders. Overall, while the Sivananda Yoga Vedanta Center is effective in executing its programs, it faces significant challenges related to governance and financial practices that may affect donor trust.
This AI summary has been generated from information found on Charity Navigator.
Is Sivananda Yoga Vedanta Center Inc legitimate?
Sivananda Yoga Vedanta Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sivananda Yoga Vedanta Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,669
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What is the mission statement of Sivananda Yoga Vedanta Center Inc?
The Sivananda Yoga Vedanta Center, as a nonprofit organization, is dedicated to the mission of imparting the teachings of Yoga. This mission is focused on spreading the knowledge and practices of Yoga, aiming to benefit individuals in various aspects of their lives. The center fosters an environment that encourages the understanding and application of Yoga principles, promoting holistic well-being.
Who is the CEO of Sivananda Yoga Vedanta Center Inc?
Mark Ashley is the President of Sivananda Yoga Vedanta Center Inc.
What is the revenue of Sivananda Yoga Vedanta Center Inc?
Sivananda Yoga Vedanta Center Inc's revenue in 2021 was $165,117.
Who are the executives of Sivananda Yoga Vedanta Center Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sivananda Yoga Vedanta Center Inc?
Sivananda Yoga Vedanta Center Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Sivananda Yoga Vedanta Center Inc
Sivananda Yoga Vedanta Center is a dedicated nonprofit organization with a focus on the teaching of Yoga. This mission-driven organization aims to disseminate the ancient practice of Yoga, promoting physical, mental, and spiritual well-being. By embracing the teachings of Yoga, Sivananda Yoga Vedanta Center encourages individuals to lead balanced and harmonious lives.
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Impact
October, 2024
Sivananda Yoga Vedanta Center Inc significantly impacts the community by promoting the practice of yoga and spiritual development. Through its teachings, the center fosters physical well-being, mental clarity, and emotional balance, contributing to the overall health of individuals. By integrating yoga with spiritual principles, the center not only enhances personal growth but also encourages a sense of community and connection among practitioners. Its focus on these teachings helps cultivate mindfulness and compassion, encouraging participants to lead more centered and mindful lives. This, in turn, has a positive ripple effect on the broader community, fostering a culture of wellness and resilience.
This information is meant to be a general summary of Sivananda Yoga Vedanta Center 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $108
- Gross Receipts: $167,636
Assets and Liabilities:
- Total Assets: $2,014,706
- Total Liabilities: $10,000
- Net Assets: $2,004,706
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Organization Details
Founding Year
1964
Phone
(212) 255-4560Principal Officer
Mark Ashley
Main Address
243 WEST 24TH STREET, NEW YORK, NY, 10011
NTEE Category
Code: X70 - Religion related
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