Ved Vignan Mahavidyapeeth
- Assets
- $53.5m
- Revenue
- $10.6m
- Investments
- $0.0
- Employees
- 12
- Location
- Nashua, NH
- Founding
- 02/1994
- Data as of
- 12/2022
- EIN
- 95-4456218
Organization Overview
Ved Vignan Mahavidyapeeth is located in Nashua, NH. The organization was established in 1994. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. As of 12/2022, Ved Vignan Mahavidyapeeth employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ved Vignan Mahavidyapeeth 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, Ved Vignan Mahavidyapeeth generated $10.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $3.0m during the year ending 12/2022. While expenses have increased by 1.0% 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
TO DEVELOP AN EDUCATIONAL AND CHARITABLE ORGANIZATION TO TEACH AND DISSEMINATE MATERIAL TO THE PUBLIC, INCLUDING BUT NOT LIMITED TO, RELATING TO STRESS MANAGEMENT, PERSONALITY DEVELOPMENT, MEDITATION, YOGA AND UPLIFTING HUMAN VALUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION EDUCATED THOUSANDS OF INDIVIDUALS BY PROVIDING A VARIETY OF PERSONAL DEVELOPMENT COURSES THROUGHOUT THE COUNTRY AND PROVIDING FINANCIAL SUPPORT FOR INTERNATIONAL EDUCATION FACILITIES FOR IMPOVERISHED CHILDREN AND WOMEN'S EMPOWERMENT PROJECTS.
COMBINING THE ANCIENT PHILOSOPHY AND PRACTICE OF AYURVEDA WITH THE COMPLETE PRACTICES OFFERED BY SRI SRI RAVI SHANKAR TO BRING HEALTH AND HARMONY TO LIFE. OFFERS EFFECTIVE TREATMENTS, PROGRAMS, HERBAL REMEDIES, AND PERSONAL CARE PRODUCTS TO ASSIST THE BODY IN COMING BACK TO BALANCE AND THAT NURTURE AND REVITALIZE BODY, MIND AND SPIRIT. ADDITIONALLY, CONDUCTS FOR HEALTHY LIVING ARE RECOMMENDED, CONTRIBUTING TO HOLISTIC PHYSICAL AND MENTAL HEALTH.
OFFERED A CHARTER FLIGHT EXPERIENCE TO DEVOTEES OF THE ORGANIZATION TO FLY ON A CHARTER WITH GURUDEV.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nirmala Murthy MD President/secretary | OfficerTrustee | 5 | $0 |
Raman S Poola MD Vice President | OfficerTrustee | 2 | $0 |
Nilendu Srivastava Treasurer | OfficerTrustee | 15 | $0 |
Bhushan Deodhar Director | Trustee | 2 | $0 |
Babu Jasty Director | Trustee | 2 | $0 |
Mary Kijanka Officer | Officer | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Athreya Llc Workshops | 12/30/20 | $263,353 |
The One Pe Group Llc General Contractor | 12/30/20 | $144,796 |
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 | $3,839,230 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,839,230 |
| Total Program Service Revenue | $5,937,057 |
| Investment income | $925,935 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,200 |
| Net Gain/Loss on Asset Sales | -$56,488 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,646,934 |
| 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 | $504,978 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $40,167 |
| Payroll taxes | $37,562 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,252 |
| Fees for services: Accounting | $95,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $56,718 |
| Fees for services: Other | $4,196 |
| Advertising and promotion | $269,921 |
| Office expenses | $6,304 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,144 |
| Travel | $193,413 |
| 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 | $40,533 |
| Insurance | $24,925 |
| All other expenses | $110,308 |
| Total functional expenses | $2,957,924 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $265,725 |
| Savings and temporary cash investments | $8,165,846 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,343,942 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,266,913 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $26,652 |
| Net Land, buildings, and equipment | $1,293,666 |
| Investments—publicly traded securities | $27,060,146 |
| Investments—other securities | $0 |
| Investments—program-related | $12,564,951 |
| Intangible assets | $0 |
| Other assets | $546,035 |
| Total assets | $53,533,876 |
| Accounts payable and accrued expenses | $558,807 |
| Grants payable | $0 |
| Deferred revenue | $57,665 |
| 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 | $616,472 |
| Net assets without donor restrictions | $52,853,602 |
| Net assets with donor restrictions | $63,802 |
| 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 | $53,533,876 |