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Yoga Shakti Mission Inc

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

EIN: 591804305 ✦ Palm bay, FL ✦ Designated as a 501(c)(3)

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Overview

What is Yoga Shakti Mission Inc?

Yoga Shakti Mission Inc is a nonprofit organization, led by Kathleen Iacona, situated in Palm Bay, Florida. Their primary focus is on spiritual growth and wellness, as they operate a temple for worship and education. Additionally, they offer yoga classes to promote public health. The organization serves nutritious vegetarian and vegan lunches and hosts various events such as educational talks, retreats, and meditation sessions. Furthermore, they publish inspirational newsletters quarterly, providing spiritual guidance and motivation to their community.


Official website here: www.yogashakti.org/florida-aashram

What are the reviews and ratings of this charity?

Charity Navigator Rating: 0 Stars

Yoga Shakti Mission Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 16%, the organization struggles particularly with governance issues, as it has no independent board members, which is critical for transparency and oversight.

The organization's financial management appears to lack essential policies, such as conflict of interest and whistleblower protections, which are crucial for maintaining donor trust and operational integrity. Although there are no reported material diversions of assets, the absence of these governance frameworks raises red flags about the organization's commitment to ethical practices.

Additionally, Yoga Shakti Mission Inc has not met various standards for financial reporting, including the posting of tax forms on its website, which further diminishes confidence in its operations. The charity's low program expense ratio suggests that a minimal portion of its expenditures is directed towards its mission-related activities, which can be concerning for potential donors looking to support impactful initiatives.


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

Is Yoga Shakti Mission Inc legitimate?

Yoga Shakti Mission Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yoga Shakti Mission 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.yogashakti.org/florida-aashram

What is the mission statement of Yoga Shakti Mission Inc?

Yoga Shakti Mission Inc's primary focus is on promoting wellness through spiritual worship and yoga practices. They provide regular yoga classes for public health benefits, serve vegetarian and vegan meals, organize educational talks, retreats, and meditation sessions. Furthermore, the organization publishes inspirational newsletters quarterly to share knowledge and insights with its followers. The mission of Yoga Shakti Mission Inc is to foster a healthier community and enlightened minds through its holistic approach to spirituality and wellness.


Official website here: www.yogashakti.org/florida-aashram

Who is the CEO of Yoga Shakti Mission Inc?

Kathleen Iacona is the President of Yoga Shakti Mission Inc.


Official website here: www.yogashakti.org/florida-aashram

What is the revenue of Yoga Shakti Mission Inc?

Yoga Shakti Mission Inc's revenue in 2022 was $51,892.


Official website here: www.yogashakti.org/florida-aashram

Who are the executives of Yoga Shakti Mission Inc and what are their salaries?


Here are 8 key members and their salaries:


Charles Joseph Iacona (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Marshall (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Iacona (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nora Kirsher (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Kirscher (Correspondence Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonal Mehta (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Lovell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Hutson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.yogashakti.org/florida-aashram

Where can I find the form 990 for Yoga Shakti Mission Inc?

Yoga Shakti Mission Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.yogashakti.org/florida-aashram

Learn more at the official website: www.yogashakti.org/florida-aashram

Mission Statement of Yoga Shakti Mission Inc

Yoga Shakti Mission, a nonprofit organization, is dedicated to promoting wellness through worship, yoga classes, and educational initiatives. The mission of Yoga Shakti Mission encompasses the operation of a temple for spiritual practices, the conduct of yoga classes that contribute to public health, and the service of vegetarian and vegan lunches to its community. Furthermore, the organization hosts educational talks, retreats, and meditation classes, aiming to inspire and uplift its members. Additionally, Yoga Shakti Mission publishes a quarterly newsletter, providing its followers with inspirational content. Kathleen Iacona oversees the operations of this nonprofit, offering a holistic approach to wellness that combines spiritual practices, physical health, and educational opportunities.

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Impact




August, 2024

Yoga Shakti Mission Inc has a significant impact on the community by providing a sanctuary for worship and education. Through its diverse offerings such as yoga classes for public health, vegetarian and vegan lunches, educational talks, retreats, and meditation classes, the mission promotes holistic well-being and spiritual growth. The publication of inspirational newsletters further spreads positivity and wisdom among its followers. Kathleen Iacona's leadership ensures that the mission in Palm Bay, FL, continues to serve as a beacon of light for those seeking physical, mental, and spiritual nourishment.




This information is meant to be a general summary of Yoga Shakti Mission 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
$51,892 (2022)
Expenses
$21,592 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $32
  • Program Service Revenue: $8,621
  • Gross Receipts: $51,892

Assets and Liabilities:

  • Total Assets: $561,897
  • Total Liabilities: $0
  • Net Assets: $561,897

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Programs

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

Yoga Classes Vegan-Vegetarian lunch

Revenue

$8,621

Organization Details

Founding Year

1976

Principal Officer

Kathleen Iacona

Main Address

3895 HIELD RD NW, PALM BAY, FL, 32907

NTEE Category

Code: P54Z - Human services

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