ENDLESS SATSANG FOUNDATION INC

EIN: 113721388 501(c)(3) Religion

Sedona, AZ

Total Revenue
$237,622
Total Expenses
$219,370
Total Assets
$95,240
Net Assets
$95,240
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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
AZ
Principal Officer
Daniel Erway
Phone
9282825770
Tax Period
2023-01-01 to 2023-12-31

ENDLESS SATSANG FOUNDATION INC, founded in 2004, is a small nonprofit in the Religion sector that reported $238K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $219K left a modest 8% surplus.

Mission

Support the spiritual teaching and spiritual counseling work of Nirmala aka Daniel Erway and his wife, Gina Lake, through online spiritual gatherings, websites, books including free spiritual ebooks, online courses, audio recordings, video recordings, and individual counseling/mentoring sessions.

Program Service Accomplishments

Program 1
Expenses: $176,299 Revenue: $183,341

Offering spiritual gatherings, online courses, and individual spiritual mentoring sessions in person and over the phone or internet. These are some of the most important ways our purpose is carried...

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Offering spiritual gatherings, online courses, and individual spiritual mentoring sessions in person and over the phone or internet. These are some of the most important ways our purpose is carried out due to the greater depth of teaching and spiritual instruction we can accomplish in these ways, due to the personal contact with individuals involved. This year we have expanded regular online group spiritual gatherings over the internet to seven times a week on every Tuesday, Thursday, three times on Saturday and two times on Sunday, which continue to be very popular. We also offer an online weekend intensive every 5-6 weeks. We also have continued to focus on individual spiritual mentoring sessions held mostly over the phone or internet due to the health limitations that limit the travel of our minister, Nirmala. (Expenses include salary and minister's housing allowance for our ministers, Nirmala aka Daniel Erway and Gina Lake). We have had over 18,000 attendees through out the year at our online group spiritual gatherings, and have offered over 100 one-on-one spiritual mentoring sessions. In addition, over a thousand people have taken one of our online courses for instruction in various spiritual practices and understandings.

Program 2
Expenses: $20,783 Revenue: $50,207

Distributing over 60,000 free copies of our ebooks via internet downloads, and selling over 4,000 of our spiritual ebooks, audiobooks and paperback books written by our minister, Nirmala, and his...

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Distributing over 60,000 free copies of our ebooks via internet downloads, and selling over 4,000 of our spiritual ebooks, audiobooks and paperback books written by our minister, Nirmala, and his wife, Gina Lake. Also many thousands of Nirmala and Gina Lake's audios and videos were listened to or viewed for free on Youtube and other websites that host our free teachings online. This year we continued to expand the offerings of our books and teachings to reach even more people with the spiritual message we share. Expenses are for professional services, bank fees, shipping and postage, and supplies

Program 3
Expenses: $11,972 Revenue: $0

Maintaining and updating three websites for Endless Satsang Foundation, and also posting on and participating with dozens of other websites and social media platforms related to our spiritual...

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Maintaining and updating three websites for Endless Satsang Foundation, and also posting on and participating with dozens of other websites and social media platforms related to our spiritual teaching work. This year we experienced a continuing flow of visitors to our websites and to our social media pages. As a result in 2020, over 500,000 people visited our websites and/or social media pages, which are the primary way our spiritual teaching is carried to a worldwide audience. We are constantly adding new material related to our teachings to our websites and other online venues, including Facebook, Youtube, Twitter, DailyOm.com, and other specific sites related to spiritual matters. Our own websites include endless-satsang.com, radicalhappiness.com and freespritualebooks.com. Expenses include internet expenses and professional fees for website development.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $121,869
Program Service Revenue $61,706
Investment Income $2,076
Other Revenue $51,971
TOTAL REVENUE $237,622

Expense Breakdown

Grants Paid $0
Salaries & Benefits $120,000
Fundraising Expenses $0
Program Expenses $219,370
Other Expenses $99,370
TOTAL EXPENSES $219,370

Year-over-Year Comparison

2023 2022 Change
Revenue $237,622 $192,793 +0.2%
Expenses $219,370 $191,633 +0.1%
Net Income $18,252 $1,160 +14.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
2
Employees
1
Volunteers
N/A

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
2
$120,000
Total Directors
4
$120,000
Key Employees
2
$120,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Daniel Erway aka Nirmala President, Director and Minister 50
Officer Director Key Emp Highest
$120,000 $0 $120,000
Gina Lake Vice President, Director and Minister 50
Officer Director Key Emp
$0 $0 $0
Jenai Lane Director 1
Director
$0 $0 $0
Mary Scott Director 1
Director
$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
2023 $237,622 $219,370 $95,240 $18,252
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