Isha Foundation Inc
- Assets
- $111.0m
- Revenue
- $40.7m
- Investments
- $119.7k
- Employees
- 42
- Location
- Mcminnville, TN
- Founding
- 11/1999
- Data as of
- 12/2022
- EIN
- 62-1794866
Organization Overview
Isha Foundation Inc is located in Mcminnville, TN. The organization was established in 1999. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2022, Isha Foundation Inc employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Isha Foundation 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, Isha Foundation Inc generated $40.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.8% each year . All expenses for the organization totaled $13.5m during the year ending 12/2022. While expenses have increased by 14.9% 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
ISHA FOUNDATION IS DEDICATED TO PHYSICAL, MENTAL, AND SPIRITUAL WELL-BEING OF ALL PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INNER ENGINEERING INNER ENGINEERING PROGRAMS ARE OFFERED AS THE PROGRAMS FOR SELF-EMPOWERMENT AND PERSONAL GROWTH. IT OFFERS TOOLS TO EXPLORE THE MANIFOLD DIMENSIONS OF LIFE AND RE-ENGINEER ONE'S SELF THROUGH THE INNER SCIENCE OF YOGA.
PROGRAM SERVICES PROVIDED FOR THE PHYSICAL, MENTAL, AND SPIRITUAL WELL- BEING OF ALL PEOPLE.
ADVANCED ISHA YOGA PROGRAMS (OF VARIABLELENGTH) ALL OUR ADVANCED PROGRAMS OFFERED AS COMPLETE PATH TO INNER WELL-BEING THROUGH INNER SCIENCE OF YOGA.
CONTRIBUTIONS TO NON DOMESTIC ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Grome Ms Electrical Eng Director | Trustee | 40 | $0 |
James H Broom MD Director | Trustee | 40 | $0 |
Moumita Sen Sarma Director | Trustee | 40 | $0 |
Donna Stone Director | Trustee | 40 | $0 |
Margie Hudnell Vp/secretary | Officer | 40 | $0 |
Kalpana H Rajdev MD President | Officer | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Farley Plumbing Plumbing | 12/30/20 | $130,050 |
American Landscaping & Const Construction | 12/30/20 | $310,147 |
Lofty Grading & Paving Inc Grading | 12/30/20 | $134,760 |
Morgan Electric Electrical Serv | 12/30/20 | $183,864 |
September Bloom Inc General Contrac | 12/30/20 | $3,786,585 |
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 | $23,091,423 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,091,423 |
| Total Program Service Revenue | $13,220,684 |
| Investment income | $46,179 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $32,350 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,618,142 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $40,666,829 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,034 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $3,821,575 |
| 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 | $272,766 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $34,045 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $118,120 |
| Fees for services: Accounting | $36,622 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $186,924 |
| Information technology | $5,058 |
| Royalties | $0 |
| Occupancy | $332,254 |
| Travel | $158,342 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $135,721 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,495,929 |
| Insurance | $571,708 |
| All other expenses | $2,826,246 |
| Total functional expenses | $13,497,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,877,783 |
| Savings and temporary cash investments | $1,402,358 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $570,053 |
| Inventories for sale or use | $2,514,886 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $62,519,876 |
| Investments—publicly traded securities | $3,435,932 |
| Investments—other securities | $119,677 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,574,300 |
| Total assets | $111,020,865 |
| 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 | $0 |
| Other liabilities | $9,528,194 |
| Total liabilities | $9,528,194 |
| Net assets without donor restrictions | $98,496,783 |
| Net assets with donor restrictions | $2,995,888 |
| 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 | $111,020,865 |
Grants Awarded
Over the last fiscal year, Isha Foundation Inc has awarded $17,610 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ISHA CARE | | | $10,177 |
A OF AY | | | $7,433 |