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The Ayurvedic Institute

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

EIN: 850325587 ✦ Asheville, NC ✦ Designated as a 501(c)(3)

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Overview

What is The Ayurvedic Institute?

The Ayurvedic Institute, situated at 62 Orange Street, Asheville, NC 28801, is a nonprofit organization dedicated to the education and training of individuals in traditional medicine and healing arts. Established with a mission to impart this knowledge, the institute has served approximately 1500 people through its programs. With a workforce of 51 employees, The Ayurvedic Institute continues to contribute to the field, advancing the practice and understanding of traditional medicine and healing arts.


Official website here: www.ayurveda.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)

The Ayurvedic Institute has received a two-star rating from Charity Navigator, indicating that while it shows strong accountability and financial practices, there are significant areas needing attention. The organization scored 100% for accountability and finance, demonstrating a commitment to maintaining an independent board and having effective conflict of interest policies. However, it falls short in financial transparency, as evidenced by zero points in areas such as financial statements and posting required documents on its website.

Strengths include a high program expense ratio of 89.57%, suggesting that a substantial portion of its funds is directed toward its programs rather than administrative costs. Additionally, the organization maintains a strong liability-to-assets ratio, which reflects its financial stability. These factors indicate that the institute is focused on its mission and judicious with its resources.

Nevertheless, the lack of transparency in financial reporting and absence of key policies like whistleblower protection and document retention highlight potential vulnerabilities. By addressing these shortcomings, The Ayurvedic Institute could improve its overall rating and gain greater trust from donors and stakeholders.


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

What do the Facebook reviews say about The Ayurvedic Institute?

88% of 260 reviewers on Facebook recommend The Ayurvedic Institute. Here is a summary of their reviews:

Many patrons express a deep appreciation for the knowledgeable and caring staff at the institute. Comments often highlight the positive, transformative experiences that individuals have had while engaging with the programs offered. The sense of community and support fostered by the institute resonates strongly with participants, leading to heartfelt endorsements.

Overall, the sentiment is overwhelmingly positive, with multiple reviewers emphasizing the effectiveness of the services provided. People seem to leave with a sense of gratitude, feeling that their time spent at The Ayurvedic Institute is valuable and impactful.


This AI summary has been generated from reviews found on Facebook.

Is The Ayurvedic Institute legitimate?

The Ayurvedic Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ayurvedic Institute 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: $275,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $906,505

For more financial information, click here


Official website here: www.ayurveda.com

What is the mission statement of The Ayurvedic Institute?

The Ayurvedic Institute was established with the primary objective of educating and training individuals in traditional medicine and healing arts. Its mission is to share the knowledge and practices of Ayurveda, a ancient holistic healing system originating from India, with a wide audience. The institute offers various programs to approximately 1500 individuals, aiming to preserve and promote the ancient wisdom of Ayurveda for contemporary health and wellness.


Official website here: www.ayurveda.com

Who is the CEO of The Ayurvedic Institute?

Vasant Lad is the President/Chairman of The Ayurvedic Institute.


Official website here: www.ayurveda.com

What is the revenue of The Ayurvedic Institute?

The Ayurvedic Institute's revenue in 2022 was $3,156,563.


Official website here: www.ayurveda.com

Who are the executives of The Ayurvedic Institute and what are their salaries?

The average compensation at The Ayurvedic Institute during 2022 was $23,167. There are 51 employees and 3 volunteers at The Ayurvedic Institute.


Here are 4 key members and their salaries:


Vasant Lad (President/Chairman)
  • Compensation: $275,000
  • Related: $0
  • Other: $0
Sharon Scaltrito (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Stone (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harish Raichada (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ayurveda.com

Where can I find the form 990 for The Ayurvedic Institute?

The Ayurvedic Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ayurveda.com

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

Mission Statement of The Ayurvedic Institute

The Ayurvedic Institute, established with a mission, seeks to educate and train individuals in the realm of traditional medicine and healing arts. This nonprofit organization's primary objective is to impart knowledge and skills in Ayurveda, a centuries-old practice originating from India. Through its programs, the institute has reached out to approximately 1500 individuals, equipping them with the necessary tools to delve into this ancient discipline. The institute's mission serves as a testament to its commitment to preserving and promoting Ayurveda's rich heritage, ensuring its continuity for generations to come.

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Impact




July, 2024

The Ayurvedic Institute's impact lies in its dedication to teaching and training individuals in traditional medicine and healing arts. Through its programs, the Institute has reached approximately 1500 people, spreading knowledge and skills related to Ayurveda and traditional healing practices. Located in Asheville, NC, the Institute's mission is to empower individuals with the wisdom and practices of ancient healing traditions, contributing to the wellbeing of both individuals and communities.




This information is meant to be a general summary of The Ayurvedic Institute. 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
$3,156,563 (2022)
Expenses
$3,236,889 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $138,162
  • Program Service Revenue: $2,959,663
  • Gross Receipts: $3,906,590

Assets and Liabilities:

  • Total Assets: $5,925,678
  • Total Liabilities: $2,283,046
  • Net Assets: $3,642,632

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Programs

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

TUITION & RELATED REVE

Revenue

$1,932,351

SALES OF EDUCATION MAT

Revenue

$1,019,745

MEMBERSHIP DUES

Revenue

$7,567

Organization Details

Founding Year

1984

Principal Officer

Vasant Lad

Main Address

62 ORANGE STREET, ASHEVILLE, NC, 28801

NTEE Category

Code: B50 - Education

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