Himalayan Yoga & Meditation Center
- Assets
- $337.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palatine, IL
- Founding
- 03/2007
- Data as of
- 12/2022
- EIN
- 36-4230260
Organization Overview
Himalayan Yoga & Meditation Center is located in Palatine, IL. The organization was established in 2007. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Himalayan Yoga & Meditation Center 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 12/2022, Himalayan Yoga & Meditation Center generated $43.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.3%) each year. All expenses for the organization totaled $50.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
YOGA, MEDITATION & RELATED CLASSES: THE CENTER OFFERS AN AVERAGE OF 14 YOGA CLASSES PER WEEK (AVERAGE 4 STUDENTS), 6 MEDITATION CLASSES PER MONTH (AVERAGE 2 STUDENTS), 1 SEMINAR PER MONTH (AVERAGE 4 STUDENTS), TEACHERS TRAINING PROGRAM (3 STUDENTS), ANNUAL RETREAT (25 ATTENDEES).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chenoa Lorenzo Secretary | 12 | $0 | |
Anil Saigal President, Treasurer | 4 | $0 | |
Pandit Harishankar Dabral Spiritual Director | 4 | $0 | |
Pavel Latash Director | 1 | $0 | |
Charlotte Mogensen Director | 2 | $0 | |
Shashi Saigal MD Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,345 |
| Total Program Service Revenue | $37,823 |
| Membership dues | $0 |
| Investment income | $4,355 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $43,721 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $9,291 |
| Occupancy, rent, utilities, and maintenance | $24,734 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,325 |
| Total expenses | $50,350 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $337,198 |
| Other assets | $0 |
| Total assets | $337,198 |
| Total liabilities | $0 |
| Net assets or fund balances | $337,198 |