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Central Texas Vipassana Association Inc

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

EIN: 471172022 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is Central Texas Vipassana Association Inc?

Central Texas Vipassana Association Inc is a nonprofit organization based in Austin, Texas, specifically at 1810 San Gabriel street. Their primary objective, as a 501(c)(3) entity, is to promote educational and religious activities, particularly focusing on Vipassana Meditation. Their mission involves advancing knowledge in this field, adhering to the teachings of the late Sayagyi U Ba Khin. They conduct weekly group sessions on Saturdays and Sundays, aiming to develop concentration, insight, and moral standards through the practice of this non-sectarian spirituality. Their activities may include establishing and operating various facilities for the dissemination of these teachings.


Official website here: www.sukha.dhamma.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 33%

The Central Texas Vipassana Association Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization achieved a low overall score of 33%, primarily due to the absence of financial statements and other key governance documents, which are critical for transparency and donor confidence.

Despite these limitations, the organization has a fully independent board, with 100% of its members meeting independence criteria. This demonstrates strong governance in terms of board composition. Additionally, there are no reported issues with material diversion of assets, reflecting a level of financial integrity in management practices.

However, the lack of a whistleblower policy, missing financial documentation on its website, and a low program expense ratio of just 14.24% suggest that the organization may not be effectively allocating resources towards its mission. These factors contribute to a concerning overall evaluation, especially for potential donors looking for transparent and accountable nonprofit organizations.


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

Is Central Texas Vipassana Association Inc legitimate?

Central Texas Vipassana Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Texas Vipassana Association 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.sukha.dhamma.org/

What is the mission statement of Central Texas Vipassana Association Inc?

The Central Texas Vipassana Association Inc's primary purpose is to foster educational and religious activities, as defined under Section 501(c)(3) of the Internal Revenue Code. This encompasses the advancement of education, religion, and non-sectarian spirituality. They achieve this by promoting the principles established by the late Sayagyi U Ba Khin, focusing on developing concentration, insight, and high moral standards through the practice of Vipassana Meditation. The corporation may also establish and operate various facilities, including schools, colleges, libraries, and institutions, to disseminate these non-sectarian religious teachings further.


Official website here: www.sukha.dhamma.org/

Who is the CEO of Central Texas Vipassana Association Inc?

Anjana Desai is the Trust Member of Central Texas Vipassana Association Inc.


Official website here: www.sukha.dhamma.org/

What is the revenue of Central Texas Vipassana Association Inc?

Central Texas Vipassana Association Inc's revenue in 2022 was $1,310,339.


Official website here: www.sukha.dhamma.org/

Who are the executives of Central Texas Vipassana Association Inc and what are their salaries?

There 40 volunteers at Central Texas Vipassana Association Inc.


Here are 10 key members and their salaries:


Vatsalya Sharma (Trust Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maulik Mistry (Trust Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Swatantra Jain (Trust Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jugal Malani (Trust Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pravin Naikele (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arif Shipchandler (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Balkrishna B Goenka (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sailendra Banda (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anjana Desai (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vijayshree Bothe (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sukha.dhamma.org/

Where can I find the form 990 for Central Texas Vipassana Association Inc?

Central Texas Vipassana Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sukha.dhamma.org/

Learn more at the official website: www.sukha.dhamma.org/

Mission Statement of Central Texas Vipassana Association Inc

Central Texas Vipassana Association Inc is dedicated to promoting educational and religious activities, specifically focusing on Vipassana Meditation. According to their mission statement, as defined under Section 501(c)(3) of the Internal Revenue Code, their primary objective is to advance education, religion, and non-sectarian spirituality. They achieve this by disseminating non-sectarian religious teachings, with a particular emphasis on developing concentration, insight, and high moral standards through the practice of Vipassana Meditation. The corporation may establish and operate various facilities, such as temporary and permanent centers, schools, colleges, libraries, and institutions, to further promote these teachings.

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Impact




July, 2024

Central Texas Vipassana Association Inc has a meaningful impact on the community by promoting the practice of Vipassana Meditation. Through their weekly group sits on Saturdays and Sundays, they create a space for individuals to develop concentration of mind, insight, and high standards of morality. By disseminating non-sectarian religious teachings in accordance with the principles established by the late Sayagyi U Ba Khin, they contribute to the advancement of education, religion, and non-sectarian spirituality. Their efforts help individuals in Austin, TX, and beyond, deepen their understanding of Vipassana Meditation and its transformative power.




This information is meant to be a general summary of Central Texas Vipassana Association 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
$1,310,339 (2022)
Expenses
$32,166 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,286
  • Gross Receipts: $1,310,339

Assets and Liabilities:

  • Total Assets: $3,988,865
  • Total Liabilities: $190,000
  • Net Assets: $3,798,865

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Organization Details

Founding Year

2014

Principal Officer

Anjana Desai

Main Address

1810 San Gabriel street, Austin, TX, 78701

NTEE Category

Code: X19 - Religion related

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