International Vipassana Technology Association Inc
- Assets
- $71.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bedford, TX
- Founding
- 06/2018
- Data as of
- 12/2022
- EIN
- 82-3484238
Organization Overview
International Vipassana Technology Association Inc is located in Bedford, TX. The organization was established in 2018. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. International Vipassana Technology Association Inc 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, International Vipassana Technology Association Inc generated $55.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (21.3%) each year. All expenses for the organization totaled $27.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (25.7%) per year over the past 3 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
1) DHAMMA.ORG MOBILE APP FEATURES SUCH AS VIRTUAL GROUP SITTINGS, SELF-COURSES, USER ACCOUNT, AND IMPROVED LIBRARY FUNCTION ETC.2) IMPROVEMENTS TO DHAMMA RESOURCES SITE.3) CONTINUED ROLL OUT OF M365 SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sally Mcdonald President/director | 1 | $0 | |
Kevin Nash Secretary/director | 1 | $0 | |
Mohee Parokh Treasurer | 1 | $0 | |
Andrea Mazza Member | 1 | $0 | |
Barry Lapping Member | 1 | $0 | |
Sabrina Katakam Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $55,100 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,100 |
| 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 | $3,403 |
| Occupancy, rent, utilities, and maintenance | $182 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,288 |
| Total expenses | $27,873 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,520 |
| Other assets | $0 |
| Total assets | $71,416 |
| Total liabilities | $2,262 |
| Net assets or fund balances | $69,154 |