Yamantaka Power Association

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

EIN: 843348967 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Yamantaka Power Association?

Yamantaka Power Association is a nonprofit organization situated in Brooklyn, New York, specifically at 155 Bay 28th street 1B. Amidst the ongoing epidemic, they have conducted 208 online teaching sessions, engaging a total of 7,500 participants. In response to the situation, they plan to rent PS130 elementary school spaces in New York until December 2022, offering free services every Saturday. The mission of Yamantaka Power Association revolves around utilizing psychology and brain science technology to work with the human subconscious mind. They employ various elements like sound frequency, situation, imagery, and rhythm to help individuals transform their inner beliefs, stimulate positive factors, and ultimately promote joy, harmony, and happiness in life. Their services primarily cater to a 90% New York population, with the remaining 10% reaching out from other countries.


Official website here: www.ypausa.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 48%, Zero-Star out of Four Star rating. The Yamantaka Power Association has received a low rating primarily due to serious concerns regarding its governance and financial accountability. The overall score is based solely on the Accountability & Finance beacon, which reflects the organization's practices in these areas.

Strengths of the organization include a solid program expense ratio of 65.68%, indicating that a significant portion of its expenditures is directed towards its programs. Additionally, the association has no material diversion of assets, suggesting that funds are being used as intended. However, there are several governance shortcomings, such as having no independent board members and missing key policies, including conflict of interest and whistleblower policies.

The lack of independent oversight and essential governance documentation raises red flags regarding the organization's transparency and accountability. Furthermore, the absence of board meeting minutes and inadequate policy frameworks may hinder stakeholder trust and long-term operational effectiveness. Overall, while there are some positive aspects, the significant governance issues contribute to the low rating.


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

Is Yamantaka Power Association legitimate?

Yamantaka Power Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yamantaka Power Association 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.ypausa.com

What is the mission statement of Yamantaka Power Association?

The Yamantaka Power Association uses psychology and brain science technology to assist individuals in transforming their inner beliefs and stimulating positive factors within their subconscious mind. By employing techniques such as sound frequency, situations, imagery, and rhythm, they aim to foster joy, harmony, and happiness in people's lives. Their mission is to help individuals create a more fulfilling life through this comprehensive approach to the human subconscious mind. Due to the pandemic, they have shifted their services to online teaching sessions and plan to offer free services in elementary school spaces until December 2022.


Official website here: www.ypausa.com

What is the revenue of Yamantaka Power Association?

Yamantaka Power Association's revenue in 2024 was $5,752.


Official website here: www.ypausa.com

Who are the executives of Yamantaka Power Association and what are their salaries?

There 15 volunteers at Yamantaka Power Association.

Here are 3 key members and their salaries:


Yulong Wang (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wentong Au (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Xiuyun Mei (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ypausa.com

Where can I find the form 990EZ for Yamantaka Power Association?

Yamantaka Power Association's most recent form 990EZ was submitted in 2024 and can be accessed here.


Official website here: www.ypausa.com

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

Mission Statement of Yamantaka Power Association

Yamantaka Power Association, through its mission, leverages psychology and brain science technology to influence the human subconscious mind. By employing a holistic approach that encompasses sound frequency, situations, imagery, and rhythm, this organization aims to catalyze transformative changes in individuals' inner beliefs and stimulate the activation of inherent positive factors. Ultimately, Yamantaka Power Association seeks to foster joy, harmony, and happiness in people's lives.

During this fiscal year, Yamantaka Power Association has used online platforms to deliver its mission, hosting 208 sessions and engaging with 7,500 participants due to the epidemic. In response to the ongoing situation, the organization has also secured rented spaces at PS130 elementary school until December 2022, offering free services every Saturday. This commitment to providing assistance, particularly in New York, signifies Yamantaka Power Association's dedication to making a positive impact in people's lives, utilizing cutting-edge methods in psychology and brain science to facilitate personal growth and well-being.

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Impact




August, 2024

Yamantaka Power Association's impact is evident through their dedication to utilizing psychology and brain science technology to work with the human subconscious mind and help individuals transform their inner beliefs, stimulate positive factors, and create joy, harmony, and happiness in life. In the past fiscal year, they have conducted 208 online teaching sessions with a total of 7,500 participants. Additionally, in response to the epidemic situation, they have extended their services to provide free sessions at PS130 elementary school in Brooklyn, NY until December 3, 2022. Their services have primarily benefitted individuals in New York but also extend to other countries. Through their innovative approach and commitment to promoting mental well-being, Yamantaka Power Association has made a significant positive impact on the lives of many.




This information is meant to be a general summary of Yamantaka Power Association. 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
$5,752 (2024)
Expenses
$24,927 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $11,127
  • Gross Receipts: $5,752

Assets and Liabilities:

  • Total Assets: $559,810
  • Total Liabilities: $60,000
  • Net Assets: $499,810

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Organization Details

Founding Year

2019

Principal Officer

Yulong Wang

NTEE Category

Code: E70 - Health

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