ADVAITA MEDITATION CENTER (EIN 042596556) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1976

Legal Domicile

Principal Officer

WILLIAM WHARTON

Phone

7816470020

Tax Period

2023-08-01 to 2024-07-31

ADVAITA MEDITATION CENTER, founded in 1976, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $55K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $90K exceeded revenue, resulting in a 63% operating deficit.

Mission

THE ADVAITA MEDITATION CENTER IS A VOLUNTEER-RUN ORGANIZATION DEDICATED TO PROMOTING MEDITATION AND SPIRITUAL INQUIRY. SINCE 1970 THOUSANDS OF PARTICIPANTS FROM THROUGHOUT NEW ENGLAND HAVE EXPLORED HOW TO LIVE MORE CONSCIOUSLY AND JOYFULLY IN THE MIDST OF LIFE'S COMPLEXITIES AND CHALLENGES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,540

Program Service Revenue $19,860

Investment Income $31,569

Other Revenue $149

TOTAL REVENUE $55,118

Expense Breakdown

Grants Paid $25

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $78,350

Other Expenses $89,996

TOTAL EXPENSES $90,021

Year-over-Year Comparison

	2023	2022	Change
Revenue	$55,118	$59,170	-0.1%
Expenses	$90,021	$70,721	+0.3%
Net Income	$-34,903	$-11,551	+2.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANIS MONDANO	TRUSTEE	15.00	Director	$0	$0	$0
MARY DOCKERY	FORMER TREASURER	15.00	Officer Director	$0	$0	$0
WILLIAM WHARTON	PRESIDENT	10.00	Officer Director	$0	$0	$0
HY ZHINIK	TRUSTEE	12.00	Director	$0	$0	$0
ALLAN NINEBERG	TRUSTEE	5.00	Director	$0	$0	$0
CHRIS GOFF	CLERK; ASST TREASURER	5.00	Officer Director	$0	$0	$0
DANAE WHARTON	FORMER VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
LALLA MCHUGH	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
DAVID ROBINSON	TREASURER	10.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$55,118	$90,021	$1,962,681	$-34,903
2023	$59,170	$70,721	$1,896,511	$-11,551
2022	$1,205,114	$92,424	$1,846,353	$1,112,690
2021	$76,438	$94,987	$733,664	$-18,549
2020	$64,984	$124,545	$748,271	$-59,561
2019	$179,298	$103,114	$807,832	$76,184

ADVAITA MEDITATION CENTER