Northwest Vipassana Association
- Assets
- $7.3m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 6
- Location
- Onalaska, WA
- Founding
- 07/1985
- Data as of
- 12/2022
- EIN
- 91-1245370
Organization Overview
Northwest Vipassana Association is located in Onalaska, WA. The organization was established in 1985. As of 12/2022, Northwest Vipassana Association employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwest Vipassana Association 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, Northwest Vipassana Association generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $565.0k during the year ending 12/2022. While expenses have increased by 1.9% 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
THE NORTHWEST VIPASSANA CENTER IS ONE OF THE NUMEROUS CENTERS WORLDWIDE DEDICATED TO THE TEACHING OF VIPASSANA MEDITATION AS TAUGHT BY S.N. GOENKA IN THE TRADITION OF SAYAGYI U BA KHIN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCTED CONTINUOUS COURSES OF VIPASSANA MEDITATION, SERVING HUNDREDS OF STUDENTS. COURSES ARE CONDUCTED PRIMARILY AT THE ORGANIZATION'S PROPERTY VIA INTENSIVE ON SITE 10 DAY COURSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Wiggins Trustee | Trustee | 5 | $0 |
Krista Tricarico President | OfficerTrustee | 8 | $0 |
Juan Maldonado Secretary | OfficerTrustee | 8 | $0 |
Kulany Roeksbutr Trustee | Trustee | 8 | $0 |
Devi Jalakandapuram Trustee | Trustee | 7 | $0 |
Jeri Parks Vice President | OfficerTrustee | 10 | $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 | $1,080,004 |
| Noncash contributions included in lines 1a–1f | $9,482 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,080,004 |
| Total Program Service Revenue | $222,820 |
| Investment income | $5,330 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,309,154 |
| 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 | $75,870 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,585 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $36,882 |
| 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 | $8,117 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,634 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $71,079 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $101,091 |
| Insurance | $36,073 |
| All other expenses | $39,597 |
| Total functional expenses | $564,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $584,166 |
| Savings and temporary cash investments | $230,012 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,625 |
| 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 | $6,438,441 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,254,244 |
| Accounts payable and accrued expenses | $9,867 |
| 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 | $465,446 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $1,539,992 |
| Other liabilities | $0 |
| Total liabilities | $2,015,305 |
| Net assets without donor restrictions | $4,983,872 |
| Net assets with donor restrictions | $255,067 |
| 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 | $7,254,244 |