New Dharma
- Assets
- $2.4m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 3
- Location
- Washoe Valley, NV
- Founding
- 12/2009
- Data as of
- 12/2020
- EIN
- 27-0438267
Organization Overview
New Dharma is located in Washoe Valley, NV. The organization was established in 2009. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2021, New Dharma employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Dharma is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, New Dharma generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $585.3k during the year ending 12/2020. While expenses have increased by 12.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO SHOW A NEW POSSIBILITY FOR MANKIND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW DHARMA CONDUCTS A YEAR ROUND RESIDENTIAL PROGRAM IN WASHOE VALLEY, NV, THAT IS DEDICATED TO PROVIDING PROGRAMMING AND STRUCTURE TO ASSIST INDIVIDUALS IN THEIR SPIRITUAL PROGRESS AND IN BRINGING THE TEACHINGS INTO ALL ASPECTS OF DAILY LIFE. THE INDIVIDUALS WHO LIVE AT THE CENTER HAVE BEEN INVITED BY SAT SHREE TO PARTICIPATE IN THE RESIDENTIAL PROGRAM. THERE IS A DAILY PROGRAM OF ACTIVITIES INCLUDING DAILY MEDITATIONS, STUDY, WEEKLY TALKS, PRIVATE SESSIONS, WEEKEND PROGRAMS, AND STUDY GROUPS WITH 8-10 INDIVIDUALS PARTICIPATING IN THE RESIDENTIAL PROGRAM AT ANY ONE TIME.
IN THE SPRING OF 2020. NEW DHARMA SHIFTED ITS FOCUS FROM IN-PERSON EVENTS TO AN ALL REMOTE MODEL DUE TO THE COVID-19 PANDEMIC. THIS CONTINUED IN 2021. THE PROGRAMS OFFERED REMOTELY WERE 4, 6 AND 9 DAY SILENT RETREATS, SASTANGS, INTENSIVES, SAT WEEKENDS, GLOBAL TRAINING PROGRAMS-LEVEL 1, 2, AND 4, WINTER SMALL GROUPS, WORLD MOTHER STUDY COURSE, A BHAGAVAD GITA STUDY COURSE, YOUTH PROGRAMS, WORLD PEACE MEDITATIONS, WOMENS PROGRAMS, SPIRITUAL INQUIRY COURSE AND Q A SESSIONS WITH SAT SHREE.
THE NEW DHARMA WEBSITE WAS MAINTAINED TO MAKE AVAILABLE TO THE GENERAL PUBLIC LIVE ONLINE PROGRAMS, EVENTS AND MEDITATIONS, SAT SHREES RECORDED TALKS, VIDEOS, WRITINGS, A CALENDAR OF EVENTS, PROGRAM INFORMATION AND OTHER RELATED MATERIAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janice Barbour Executive Director | Officer | 40 | $19,800 |
Yasmin Rieger President | Trustee | 1 | $0 |
Sonia Prazak Secretary | Trustee | 1 | $0 |
Anders Johansson Treasurer | Trustee | 1 | $0 |
Marijke Neerings Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $888,657 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $888,657 |
| Total Program Service Revenue | $391,276 |
| Investment income | $1,138 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,282,567 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,507 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $19,800 |
| Compensation of current officers, directors, key employees. | $19,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $111,245 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,000 |
| Payroll taxes | $18,444 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,363 |
| Fees for services: Accounting | $5,671 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $53,604 |
| Advertising and promotion | $0 |
| Office expenses | $4,271 |
| Information technology | $38,612 |
| Royalties | $0 |
| Occupancy | $140,822 |
| Travel | $24,453 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,839 |
| Interest | $2,284 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $44,781 |
| Insurance | $12,148 |
| All other expenses | $8,024 |
| Total functional expenses | $585,287 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $325,704 |
| Savings and temporary cash investments | $881,717 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,233,290 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,200 |
| Total assets | $2,441,911 |
| Accounts payable and accrued expenses | $1,683 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $674,400 |
| Other liabilities | $0 |
| Total liabilities | $676,083 |
| Net assets without donor restrictions | $1,621,311 |
| Net assets with donor restrictions | $144,517 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,441,911 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Dharma has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
T E R I Inc Oceanside, CA | $30,038,706 | $24,071,259 |
Bibleproject Portland, OR | $22,318,162 | $14,590,233 |
New Life Worship Ministries Inc Scottsdale, AZ | $1,015,217 | $4,541,172 |
Catholic Charities Of The Diocese Of Oakland Oakland, CA | $39,560,106 | $13,377,446 |
Canal Alliance San Rafael, CA | $13,209,485 | $13,069,505 |
Alliance For Housing And Healing Los Angeles, CA | $3,099,540 | $10,429,736 |
Fred Maytag Family Foundation San Francisco, CA | $67,782,266 | $1,530,855 |
Voice Of Prophecy Riverside, CA | $11,402,103 | $7,152,408 |
Science And Nonduality Sebastopol, CA | $5,779,504 | $9,674,990 |
College Golf Fellowship Roseville, CA | $4,740,992 | $5,717,609 |
Associated Builders & Contractors Of Southern California Anaheim, CA | $3,214,682 | $4,513,844 |
Tao Fellowship Sedona, AZ | $19,067,372 | $2,706,388 |