Amala Foundation
- Assets
- $837.5k
- Revenue
- $529.0k
- Investments
- $0.0
- Employees
- 30
- Location
- Austin, TX
- Founding
- 06/2004
- Data as of
- 08/2022
- EIN
- 77-0631194
Organization Overview
Amala Foundation is located in Austin, TX. The organization was established in 2004. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 08/2022, Amala Foundation employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amala Foundation 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 08/2022, Amala Foundation generated $529.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $503.0k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 7 years. 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
THE AMALA FOUNDATION EMPOWERS PEOPLE OF ALL AGES AND BACKGROUNDS TO CONNECT WITH THEMSELVES AND OTHERS, GROW AS INDIVIDUALS, AND SERVE AS CONSCIOUS LEADERS IN THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AMALA FOUNDATIONS SANCTUARY YOGA STUDIO MAKES YOGA ACCESSIBLE TO ALL MEMBERS OF THE AUSTIN COMMUNITY. CLASSES ARE DONATION-BASED AND OPEN TO ALL AGES, FURTHER SUPPORTING THE AMALA COMMITMENT TO PROVIDING INNOVATIVE PROGRAMMING TO HELP STRENGTHEN THE LOCAL COMMUNITY. ALL OF THE PROCEEDS FROM SANCTUARY YOGA FURTHER THE SUSTAINABILITY OF THE AMALA FOUNDATION BY CREATING REVENUE FOR SCHOLARSHIP FUNDS AND ADMINISTRATIVE COSTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria Arabbo Executive Director | Officer | 40 | $89,195 |
Norma Castillo Secretary | OfficerTrustee | 1 | $0 |
Amaryllis Martin Treasurer | OfficerTrustee | 1 | $0 |
Vanessa Santamaria Board Chair | OfficerTrustee | 1 | $0 |
Tasha Banks Vice Chair | OfficerTrustee | 1 | $0 |
Marcus Griggs 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 | $186,820 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $186,820 |
| Total Program Service Revenue | $154,973 |
| Investment income | $13 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $168,378 |
| Net Gain/Loss on Asset Sales | $18,701 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $529,031 |
| 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. | $89,195 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $187,587 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,538 |
| Payroll taxes | $21,151 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $123,891 |
| Advertising and promotion | $297 |
| Office expenses | $12,337 |
| Information technology | $4,236 |
| Royalties | $0 |
| Occupancy | $7,124 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | -$4 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,425 |
| Insurance | $9,074 |
| All other expenses | $2,550 |
| Total functional expenses | $502,961 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,958 |
| Savings and temporary cash investments | $200,005 |
| 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 | $608,511 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $837,474 |
| Accounts payable and accrued expenses | $0 |
| 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 | $900 |
| Other liabilities | $0 |
| Total liabilities | $900 |
| Net assets without donor restrictions | $836,574 |
| 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 | $837,474 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Amala Foundation has recieved totaling $70,119.
| Awarding Organization | Amount |
|---|---|
Allstate Foundation Northbrook, IL PURPOSE: RISE UP | $50,000 |
Shield-Ayres Foundation Austin, TX PURPOSE: GENERAL SUPPORT OF THE ORGANIZATION | $20,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $119 |
Endowment Analysis
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Caritas Of Austin Austin, TX | $7,645,786 | $15,511,664 |
Integrity Inc Little Rock, AR | $13,609,813 | $15,573,168 |
Mission Of Mercy Inc Corpus Christi, TX | $7,577,811 | $11,960,672 |
Life Styles Inc Fayetteville, AR | $7,250,362 | $10,687,117 |
Independent Living Resource Center Albuquerque, NM | $3,325,195 | $9,733,666 |