The Center Of Rational Spirituality is located in Clyde, NC. The organization was established in 2001. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 06/2022, Center Of Rational Spirituality employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center Of Rational Spirituality 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 06/2022, Center Of Rational Spirituality generated $376.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $349.8k during the year ending 06/2022. 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
EDUCATION - TO HELP PEOPLE IN TODAY'S SOCIETY AWAKEN TO THEIR INHERENT SPIRITUALITY AND PSYCHOLOGICAL HEALTH. THIS IS ACCOMPLISHED BY TEACHING PROPER MEDITATION AND INTEGRATING ANCIENT SPIRITUAL WISDOM WITH MODERN RATIONAL THOUGHT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDED EDUCATIONAL MATERIALS, INSTRUCTION, GUIDANCE, AND OVERSIGHT FOR THE FOLLOWING: REMOTE COURSES AND RETREATS. VISITORS TO THE VISITOR CENTER: APPROX. 13,000 VISITS TO OUR WEBSITES AVERAGED 5,000 PER MONTH VISITS TO MICHAEL MAMAS' BLOG AVERAGED 280 PER MONTH VISITS TO MEDITATION INSTRUCTION PAGE AVERAGED 220 PER MONTH
DR. MAMAS CONTINUED HIS SECOND YEAR OF WEEKLY PODCASTS. PANDIT PRASAD WAS ABLE TO REOPEN THE TEMPLE TO THE PUBLIC. HE CONTINUED HIS DAILY, WEEKLY, MONTHLY AND ANNUAL CEREMONIES ON THE SAME SCHEDULE AS USUAL THOUGHOUT THE PANDEMIC, KEEPING THE PUBLIC AT BAY AS MUCH AS POSSIBLE TO COMPLY WITH REQUIREMENTS. THE STUDENT UNION WAS INVOLVED IN RESTRUCTURING OF PERSONEL FROM AN ALL VOLUNTEER STAFF TO ALMOST ALL PAID STAFF FOLLOWING THE COVID PANDEMIC. IT WAS A DIFFICULT TRANSITION TO ACQUIRE HELP THAT WAS IN ALIGNMENT WITH OUR FOCUS, VISION, AND PURPOSE. THE TRANSITION REQUIRED ADDITIONAL EFFORT AND TIME AROUND TRAINING OF NEW STAFF. THE MAINTENANCE CREW KEPT UP WITH THE LANDSCAPING AND STAINING NEEDS FOR THE DECKS AT THE STUDENT UNION AND YAGYASHALA, MAINTAINING THE STUDENT UNION, UPPER AND LOWER LEVELS, THE VISITOR CENTER, COTTAGES AND TEMPLE. WE STARTED THE PROCESS OF LOOKING INTO AN ONLINE RESERVATION SYSTEM. THE MOUNTAIN VIEW ROOM AT THE VISITOR CENTER WAS TURNED INTO A HOSPITALITY SUITE FOR THE VISITORS. IT IS OPEN FROM 9:00 TO 5:00 EVERY DAY AND IS NOT STAFFED. VISITORS ARE NOW ABLE TO HAVE A SPACE TO THEMSELVES OUT OF THE ELEMENTS TO PICNIC, SOCIALIZE AND REST ON COUCHES. ALSO AN INTERNET AREA WITH DESK FOR THEIR CONVENIENCE. WE CONTINUED MEETING WITH HAYWOOD COUNTY AND INITIATED STEPS TO QUALIFY OUR ROAD SYSTEM TO BE TURNED OVER TO THE COUNTY FORM MAINTENANCE. A VARIETY OF EVENTS WERE CARRIED OUT BY THE TEMPLE WHICH SUPPORTED CULTURAL INTEGRITY AND HARMONY, INCLUDING ANNUAL EVENTS SUCH AS MAHASHIVARATRI, TOLI EKADASHI, GURU PURNIMA, SHRAVAN MAAS, KRISHNA JANMASHTAMI, GANESH CHATURTHI, SHARAD NAVARATRI-DUSSEHRA, DIWALI, ANNAKOOT, KAARTHIKA MAAS, TO NAME A FEW. MONTHLY EVENTS SUCH AS GOWRI TRITIYA, HAVAN FOR SARVADEVATAS, KARTHIKEYA PUJA, PRADOSHAM, SANKATAHARA CHATURTHI AND SATYANARAYANA PUJA ALONG WITH THE DAILY EVENTS, ARCHANA, RUDRABHISHEKAM AND AARATHI.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Scott Davalos Secretary | OfficerTrustee | 12 | $0 |
Clif Liu Vice Chairpe | OfficerTrustee | 1 | $0 |
Dr Michael Mamas CEO | OfficerTrustee | 40 | $0 |
Todd Mcdougall Treasurer | OfficerTrustee | 2 | $0 |
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 | $102,126 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $102,126 |
Total Program Service Revenue | $274,006 |
Investment income | $0 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $376,132 |
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 | $108,539 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $8,814 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,225 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,659 |
Advertising and promotion | $487 |
Office expenses | $1,326 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $1,352 |
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 | $2,223 |
Insurance | $4,127 |
All other expenses | $71,638 |
Total functional expenses | $349,817 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $34,418 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,280 |
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 | $218,964 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $7,264 |
Total assets | $262,926 |
Accounts payable and accrued expenses | $3,166 |
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 | $5,000 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $515,008 |
Total liabilities | $523,174 |
Net assets without donor restrictions | -$260,248 |
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 | $262,926 |