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Leela Foundation

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

EIN: 841324046 ✦ Boulder, CO ✦ Designated as a 501(c)(3)

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Overview

What is Leela Foundation?

Leela Foundation is a Buddhist-affiliated nonprofit organization situated in Boulder, Colorado. Its primary focus is to provide daily meditation classes for a maximum of 20 individuals, alongside offering meditation-related education. This nonprofit organization serves as a sanctuary for individuals seeking to enhance their spiritual and mental well-being through meditation practices and instruction.


Official website here: www.osholeela.org

Is Leela Foundation legitimate?

Leela Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leela Foundation submitted a form 990EZ, 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.


Official website here: www.osholeela.org

What is the mission statement of Leela Foundation?

The Leela Foundation, being a Buddhist nonprofit organization, focuses on providing daily meditation classes for a maximum of twenty individuals. Its mission extends beyond meditation, encompassing educational programs as well. In essence, the foundation seeks to promote mindfulness and spiritual growth through its meditation classes and educational initiatives.


Official website here: www.osholeela.org

Who is the CEO of Leela Foundation?

Clay Phipps is the President of Leela Foundation.


Official website here: www.osholeela.org

What is the revenue of Leela Foundation?

Leela Foundation's revenue in 2021 was $19,933.


Official website here: www.osholeela.org

Who are the executives of Leela Foundation and what are their salaries?


Here are 2 key members and their salaries:


Clay Phipps (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Adams (Secy/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.osholeela.org

Where can I find the form 990EZ for Leela Foundation?

Leela Foundation's most recent form 990EZ was submitted in 2021 and can be accessed here.


Official website here: www.osholeela.org

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

Mission Statement of Leela Foundation

Leela Foundation, a Buddhist nonprofit organization, is dedicated to providing daily meditation classes for up to twenty individuals. The primary focus of this organization is to promote meditation and offer educational resources. By offering these meditation classes, Leela Foundation aims to foster a sense of peace, mindfulness, and personal growth in its attendees. The organization's mission extends beyond meditation, also encompassing educational programs to further enrich the lives of its participants.

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Impact




August, 2024

Leela Foundation's impact is primarily focused on providing daily meditation classes for up to 20 people in Boulder, Colorado. Through its activities, the organization aims to promote meditation and education related to Buddhist teachings. This impact is significant as it helps individuals in the community learn and practice mindfulness, compassion, and spiritual growth.




This information is meant to be a general summary of Leela Foundation. 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
$19,933 (2021)
Expenses
$31,792 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $2
  • Program Service Revenue: $1,069
  • Gross Receipts: $19,933

Assets and Liabilities:

  • Total Assets: $15,641
  • Total Liabilities: $0
  • Net Assets: $15,641

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Organization Details

Principal Officer

Clay Phipps

Main Address

1025 ROSEWOOD 107, BOULDER, CO, 80304

NTEE Category

Code: X50Z - Religion related

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