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Himalayan Academy

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

EIN: 237062033 ✦ Kapaa, HI ✦ Designated as a 501(c)(3)

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Overview

What is Himalayan Academy?

Himalayan Academy is a nonprofit organization situated in Kapaa, Hawaii. Their primary focus is on promoting Hindu religious education. They achieve this through various significant activities, such as publishing and distributing Hinduism-related materials, including their magazine "Hinduism Today." Additionally, they conduct lectures, organize travel study programs, and provide other educational initiatives. The academy's contributions extend to an estimated 12,000 individuals who purchase or receive their publications. Their mission is deeply rooted in the dissemination of Hindu knowledge, fostering an understanding and appreciation of this religious culture.


Official website here: www.himalayanacademy.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement. The Himalayan Academy has received a Two-Star out of Four Star rating, with an overall score of 72%. This score reflects strong performance in accountability and finance, particularly in areas such as independent board membership and the absence of material asset diversion.

However, the organization faces significant challenges, especially regarding the availability of financial statements, which received a score of zero. Additionally, it lacks important governance policies, including a conflict of interest policy and a whistleblower policy, both of which are critical for transparency and accountability.

Despite these limitations, the Academy demonstrates a solid program expense ratio of 69.05%, indicating a substantial allocation of resources toward its programs. The board's commitment to independence and the effective management of liabilities further highlight some organizational strengths, but addressing the noted gaps in documentation and governance policies would be essential for improving its overall rating and public trust.


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

Is Himalayan Academy legitimate?

Himalayan Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Himalayan Academy 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.himalayanacademy.com

What is the mission statement of Himalayan Academy?

The Himalayan Academy is dedicated to promoting Hindu religious education. Their significant activities include publishing and distributing Hindu-related materials, delivering lectures, organizing travel study programs, and offering various educational programs. These efforts aim to educate individuals about Hinduism, fostering a deeper understanding of the religion. The academy also sells and distributes its own publications on Hinduism, with an estimated 12,000 purchasers.


Official website here: www.himalayanacademy.com

Who is the CEO of Himalayan Academy?

Bodhinatha Veylan is the President of Himalayan Academy.


Official website here: www.himalayanacademy.com

What is the revenue of Himalayan Academy?

Himalayan Academy's revenue in 2022 was $1,149,050.


Official website here: www.himalayanacademy.com

Who are the executives of Himalayan Academy and what are their salaries?

There 25 volunteers at Himalayan Academy.


Here are 3 key members and their salaries:


Rev Swami Bodhinatha Veylan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Swami Sadasivanatha Palani (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Swami Sivanatha Ceyon (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.himalayanacademy.com

Where can I find the form 990 for Himalayan Academy?

Himalayan Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.himalayanacademy.com

Learn more at the official website: www.himalayanacademy.com

Mission Statement of Himalayan Academy

The Himalayan Academy, a nonprofit organization, is dedicated to promoting Hindu religious education. Their most significant activities encompass the creation, sales, and distribution of Hindu publications, lectures, travel study programs, and various education programs. Their flagship publication, Hinduism Today Magazine, is a key component of their mission. The Academy also engages in the creation and dissemination of other educational materials related to Hinduism, reaching an estimated 12,000 purchasers. Through their lectures and travel study programs, they aim to foster a deeper understanding of Hinduism, offering opportunities for individuals to learn and engage with the religion in a more immersive way. Overall, the Himalayan Academy is committed to educating people about Hinduism, using a variety of methods to engage and inform the community.

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Impact




October, 2024

Himalayan Academy has a significant impact on the global understanding and practice of Hinduism through its diverse educational initiatives. The organization publishes "Hinduism Today" magazine, which serves as an essential resource for individuals seeking to deepen their understanding of Hindu traditions, philosophies, and practices. By reaching approximately 12,000 purchasers, the academy effectively disseminates knowledge and insights into Hindu culture and spirituality.

In addition to its publications, Himalayan Academy engages in the creation, sales, and giveaway of various Hindu publications, fostering a wider appreciation and accessibility of Hindu literature. The academy's lectures and travel study programs offer immersive educational experiences, allowing participants to connect with their faith on a deeper level. Overall, Himalayan Academy plays a crucial role in promoting Hindu religious education and nurturing a global community of learners, practitioners, and enthusiasts.




This information is meant to be a general summary of Himalayan Academy. 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
$1,149,050 (2022)
Expenses
$1,140,508 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $846,385
  • Gross Receipts: $1,149,050

Assets and Liabilities:

  • Total Assets: $1,585,071
  • Total Liabilities: $291,901
  • Net Assets: $1,293,170

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Programs

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

BOOK SALES

Revenue

$711,652

MAGAZINE REVENUE

Revenue

$70,668

ADVERTISING REVENUE

Revenue

$64,065

Organization Details

Founding Year

1966

Principal Officer

Bodhinatha Veylan

Main Address

107 KAHOLALELE RD, KAPAA, HI, 96746

NTEE Category

Code: X40 - Religion related

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