National Ayurvedic Medical Association
- Assets
- $262.2k
- Revenue
- $420.1k
- Investments
- $0.0
- Employees
- 8
- Location
- West Hollywood, CA
- Founding
- 02/2002
- Data as of
- 06/2022
- EIN
- 77-0547595
Organization Overview
National Ayurvedic Medical Association, operating under the name Nama, is located in West Hollywood, CA. The organization was established in 2002. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Nama employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nama is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Nama generated $420.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $507.7k during the year ending 06/2022. While expenses have increased by 9.2% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THA NATIONAL AYURVEDIC MEDICAL ASSOCIATION IS A NATIONAL ORGANIZATION REPRESENTING THE AYURVEDIC PROFESSION IN THE USA. ITS MISSION IS TO PRESERVE, PROTECT, IMPROVE AND PROMOTE PHILOSOPHY, KNOWLEDGE, SCIENCE AND PRACTICE OF AYURVEDA FOR THE BENEFIT OF HUMANITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCT ANNUAL CONFERENCES ON AYURVEDA ATTENDED BY APPROXIMATELY 350 MEMBERS AND PARTICIPANTS. THE CONFERENCES INCLUDE WORKSHOPS, PANEL DISCUSSIONS AND TALKS, ALL LED BY PROFESSIONALS ON VARIOUS ASPECTS OF AYURVEDA. AYURVEDA IS A UNIQUE AND COMPLETE SYSTEM OF MEDICINE THAT IS PARTICULARLY ADEPT AT BRINGING THE JOY AND FULLNESS TO LIFE THAT MAKES LONGEVITY POSSIBLE AND DESIRABLE. THE CONFERENCES EXPLORE HOW THE PRACTICES OF AYURVEDA ADD VITALITY TO LIFE FROM BEGINNING TO END; AND, WHEN/IF HEALTH IS COMPROMISED, HOW AYURVEDAS REJUVENATIVE THERAPIES CAN BRING BACK HEALTH AND WELL BEING.
CREDENTIALING AND ACCREDITATION.NAMA RECOGNIZES SCHOOLS THAT OFFER EDUCATION AND TRAINING PROGRAMS IN AYURVEDA IN THE UNITED STATES, THAT MEET NAMA STANDARDS AND HAVE APPLIED TO NAMA TO HAVE THEIR PROGRAMS RECOGNIZED AND LISTED. NAMA ALSO CONDUCTS NATIONAL CERTIFYING EXAMS FOR PROFESSIONAL CERTIFICATION.
PROFESSIONAL MEMBERSHIP.NAMA IS THE VOICE OF THE AYURVEDIC COMMUNITY THAT EMPOWERS INDIVIDUALS, COMMUNITIES AND HUMANITY TO ACHIEVE HEALTH AND WELL BEING THROUGH AYURVEDA. THE NATIONAL AYURVEDIC MEDICAL ASSOCIATION REPRESENTS THE AYURVEDIC PROFESSION IN THE UNITED STATES OF AMERICA.FOUNDED IN 1998 AND INCORPORATED IN 2000, THE ORGANIZATIONSS PURPOSE IS TO PROVIDE LEADERSHIP WITHIN THE AYURVEDIC COMMUNITY AND TO PROMOTE A POSITIVE VISION FOR AYURVEDA AND ITS HOLISTIC APPROACH TO HEALTH AND WELLNESS. ITS MISSION INCLUDES PRESERVING, IMPROVING, AND PROMOTING THE SCIENCE AND PRACTICE OF AYURVEDA FOR THE BENEFIT OF HUMANITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hilary Garivaltis Executive Director | Officer | 40 | $64,428 |
Manas Kshirsagar Director | Trustee | 2 | $250 |
Monika Manohar Director | Trustee | 2 | $250 |
Dhanada Kulkarni Director | Trustee | 1 | $250 |
Anupama Kizhakkeveettil Director | Trustee | 2 | $250 |
Dinesh Gyawali Director | Trustee | 1 | $250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,523 |
| Investment income | $122 |
| 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 | $11,633 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $420,053 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $9,562 |
| Compensation of current officers, directors, key employees. | $64,983 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $115,013 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,948 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,223 |
| Fees for services: Accounting | $10,711 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $48,970 |
| Advertising and promotion | $61 |
| Office expenses | $7,218 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,764 |
| Travel | $15,691 |
| 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 | $5,218 |
| All other expenses | $0 |
| Total functional expenses | $507,712 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $252,161 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,000 |
| Total assets | $262,161 |
| Accounts payable and accrued expenses | $880 |
| 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 | $880 |
| Net assets without donor restrictions | $260,281 |
| Net assets with donor restrictions | $1,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $261,281 |