Ananda Marga Of Madison Inc

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

EIN: 237165910 ✦ Madison, WI ✦ Designated as a 501(c)(3)

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Overview

What is Ananda Marga Of Madison Inc?

Ananda Marga of Madison Inc is a nonprofit organization situated in Madison, Wisconsin. Their primary objective is to promote yoga and meditation practices to the general public, while also engaging in community service and charitable activities. They offer weekly meditation classes via Zoom for free, a meditation group for mental health professionals, mindfulness classes for hospital staff, individual spiritual guidance, and a yogic philosophy class twice a month. Their mission is deeply rooted in spreading spirituality and wellness, and they strive to make a positive impact in their community.


Official website here: www.anandamargaofmadison.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

Ananda Marga of Madison Inc has received a solid Three-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The organization achieved an overall score of 83%, with its evaluation based entirely on this single beacon. This indicates a high level of transparency and responsible financial management.

The charity excels in several key areas, with a perfect score in aspects such as having a majority of independent board members and no material diversion of assets. Additionally, it maintains a high program expense ratio of 88.30%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs, which is a positive indicator for potential donors.

However, there are a few noted limitations, including the absence of a whistleblower policy and a document retention and destruction policy. While these gaps may not significantly impact the charity's overall performance, they are areas for potential improvement to enhance organizational governance and transparency further.


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

Is Ananda Marga Of Madison Inc legitimate?

Ananda Marga Of Madison Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ananda Marga Of Madison 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: $0

For more financial information, click here


Official website here: www.anandamargaofmadison.org

What is the mission statement of Ananda Marga Of Madison Inc?

Ananda Marga of Madison Inc, as a spiritual organization, is committed to providing yoga and meditation to the general public and engaging in community service and charity. Their primary objective is to offer these spiritual practices to a wide range of individuals, aiming to promote inner peace and well-being. In addition to organizing weekly meditation classes for the public via Zoom for free, they also provide spiritual guidance on an individual basis. Furthermore, they offer a meditation group for psychotherapists and mindfulness classes for staff at Meriter Hospital, demonstrating their dedication to sharing these practices with various communities. Additionally, they conduct a yogic philosophy class twice a month, contributing to the broader understanding of these ancient practices.


Official website here: www.anandamargaofmadison.org

Who is the CEO of Ananda Marga Of Madison Inc?

Velga Dunis is the President of Ananda Marga Of Madison Inc.


Official website here: www.anandamargaofmadison.org

What is the revenue of Ananda Marga Of Madison Inc?

Ananda Marga Of Madison Inc's revenue in 2022 was $64,225.


Official website here: www.anandamargaofmadison.org

Who are the executives of Ananda Marga Of Madison Inc and what are their salaries?

There 12 volunteers at Ananda Marga Of Madison Inc.


Here are 4 key members and their salaries:


Jim Powell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Kinsey (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Velga Dunis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Wortzel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.anandamargaofmadison.org

Where can I find the form 990 for Ananda Marga Of Madison Inc?

Ananda Marga Of Madison Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.anandamargaofmadison.org

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

Mission Statement of Ananda Marga Of Madison Inc

Ananda Marga of Madison, Inc., a spiritual organization, is committed to serving the general public by offering yoga and meditation practices. Their mission is twofold: to provide these spiritual tools and to engage in community service and charitable activities. This nonprofit organization is dedicated to promoting wellness and inner peace through its meditation classes, workshops, and individual guidance sessions.

Ananda Marga of Madison, Inc. has demonstrated its commitment to its mission by offering free weekly meditation classes via Zoom, catering to a wide range of individuals. Additionally, they have provided a meditation group specifically for peer psychotherapists, fostering a supportive environment for mental health professionals. The organization has also expanded its offerings to include mindfulness classes for hospital staff at Meriter Hospital, ensuring that healthcare professionals can maintain their mental well-being while caring for patients. Beyond these direct offerings, Ananda Marga of Madison, Inc. also provides individual spiritual guidance, offering a personalized approach to help individuals navigate their spiritual journeys. The organization further extends its reach through a yogic philosophy class held twice a month, sharing the teachings and principles of this ancient practice.

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Impact




August, 2024

Ananda Marga of Madison Inc has had a significant impact by providing free weekly meditation classes to the general public via Zoom. Additionally, they have offered specialized meditation groups for peer psychotherapists and mindfulness classes for staff at Meriter Hospital. Their efforts extend to individual spiritual guidance and regular yogic philosophy classes, furthering their mission of offering yoga and meditation to the community while engaging in valuable community service and charity work.




This information is meant to be a general summary of Ananda Marga Of Madison 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
$64,225 (2022)
Expenses
$71,827 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,727
  • Program Service Revenue: $60,876
  • Gross Receipts: $64,225

Assets and Liabilities:

  • Total Assets: $537,083
  • Total Liabilities: $0
  • Net Assets: $537,083

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Programs

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

RENTAL INCOME

Revenue

$60,876

Organization Details

Founding Year

1971

Principal Officer

Velga Dunis

Main Address

1305 WHENONA DR, MADISON, WI, 537113734

NTEE Category

Code: B90 - Education

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