Ananda Marga Gurukula Inc
- Assets
- $1.2m
- Revenue
- $58.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Marshall, NC
- Founding
- 12/2016
- Data as of
- 12/2021
- EIN
- 47-5341510
Organization Overview
Ananda Marga Gurukula Inc is located in Marshall, NC. The organization was established in 2016. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ananda Marga Gurukula Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE HIGHER EDUCATION PROGRAMS BASED ON THE NEOHUMANIST PHILOSOPHY OF P.R. SARKAR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COLLEGE EQUIPPED A LONG-DISTANCE LEARNING LAB WITH STATE-OF-THE-ART VIDEO AND AUDIO EQUIPMENT, INCLUDING A COMPUTER WITH APPROPRIATE EDITING SOFTWARE.
THE COLLEGE ENROLLED ITS FIRST COHORT OF 33 STUDENTS FOR A 2-YEAR TEACHER PREPARATION PROGRAM (PRE-K THROUGH GRADE 12) AND OFFERED 4 CORE COURSES THROUGH AN ON-LINE, DISTANCE LEARNING PLATFORM.
THE COLLEGE CREATED A NEOHUMNIST COLLEGE PRESS FOR PUBLISHING CHILDREN'S BOOKS AND GUIDEBOOKS FOR PARENTS AND TEACHERS. THE WRITTEN TEXTS FOR SEVEN BOOKS WERE DONATED TO THE NEW PRESS FOR EDITING AND PUBLISHING AND EDITING IS IN PROCESS FOR ALL PUBLICATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sid Jordan Director | OfficerTrustee | 10 | $0 |
Satish Kohli Chancellor | OfficerTrustee | 2 | $0 |
Donald Moore President | OfficerTrustee | 2 | $0 |
Nancy Gannon Secretary | OfficerTrustee | 2 | $0 |
Ellen Landau Treasurer | OfficerTrustee | 20 | $0 |
Eric Jacobson Board Member | 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 | $47,457 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,457 |
| Total Program Service Revenue | $8,327 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,000 |
| 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 | $58,784 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,031 |
| Advertising and promotion | $0 |
| Office expenses | $947 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,579 |
| Travel | $119 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,522 |
| All other expenses | $0 |
| Total functional expenses | $14,708 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,790 |
| Savings and temporary cash investments | $0 |
| 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 | $1,147,589 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $753 |
| Total assets | $1,151,132 |
| Accounts payable and accrued expenses | $6,053 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,053 |
| Net assets without donor restrictions | $1,145,079 |
| Net assets with donor restrictions | $0 |
| 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 | $1,151,132 |
Endowment Analysis
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