RAMAKRISHNA ASHRAMA

EIN: 205969417 501(c)(3) Religion

Los Angeles, CA

Total Revenue
$200,349
Total Expenses
$38,538
Total Assets
$2,475,348
Net Assets
$2,420,348
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
CA
Principal Officer
Swami Sarvadevananda
Phone
3239601731
Tax Period
2023-10-01 to 2024-09-30

RAMAKRISHNA ASHRAMA, founded in 2006, is a small nonprofit in the Religion sector that reported $200K in total revenue in fiscal year 2023. Revenue surged 196% from the prior year, signaling strong growth momentum. The organization ran a surplus of $162K, a strong 81% operating margin.

Mission

To establish and maintain Vedanta houses of worship, and parsonages, convents and monasteries necessary to house the clergy who will conduct worship and religious instruction in these houses of worship; Organize and offer classes, lectures and other meetings that provide instruction in religion and religious philosophy; Organize and produce festivals, celebrations & other activities that emphasize and promote the harmony of religions; Offer charitable support and other assistance to qualified organizations.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $123,320

Establishing and maintaining Vedanta houses of worship and Vedanta parsonages, and conducting religious classes, meetings, worship, and festivals at these houses, and other charitable purposes. In...

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Establishing and maintaining Vedanta houses of worship and Vedanta parsonages, and conducting religious classes, meetings, worship, and festivals at these houses, and other charitable purposes. In Fiscal Year 2023, purchased land in Warren, MI for $208,321, to be used for the present for parking for our Vedanta house of worship located in Warren MI, and in future for expansion of our Vedanta house of worship. However, since the purchase of land is considered an investment, not an expense, there is no expense listed here. We received donations of $123,320 in support of this project.

Program 2
Expenses: $25,000 Revenue: $0

Establishing and maintaining Vedanta houses of worship and Vedanta parsonages, and conducting religious classes, meetings, worship, and festivals at these houses, and other charitable purposes. In...

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Establishing and maintaining Vedanta houses of worship and Vedanta parsonages, and conducting religious classes, meetings, worship, and festivals at these houses, and other charitable purposes. In Fiscal Year 2023, we granted $25,000 to Vivekananda Retreat, Ridgely, for their operating expenses.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $128,320
Program Service Revenue $0
Investment Income $72,029
Other Revenue $0
TOTAL REVENUE $200,349

Expense Breakdown

Grants Paid $25,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $25,000
Other Expenses $13,538
TOTAL EXPENSES $38,538

Year-over-Year Comparison

2023 2022 Change
Revenue $200,349 $67,775 +2.0%
Expenses $38,538 $421,367 -0.9%
Net Income $161,811 $-353,592 -1.5%
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
5
Independent Members
5
Employees
N/A
Volunteers
10

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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Swami Sarvadevananda President 6
Officer Director
$0 $0 $0
William A Scott III Secretary 0.2
Officer Director
$0 $0 $0
Swami Mahayogananda Treasurer 2
Officer Director
$0 $0 $0
Rini Ghosh Director 0.1
Director
$0 $0 $0
Prasenjeet Sarkar Director 0.1
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
2024 $200,349 $38,538 $2,475,348 $161,811
2023 $67,775 $421,367 $2,271,634 $-353,592
2022 $10,027 $335,911 $2,606,887 $-325,884
2021 $37,396 $15,771 $3,083,793 $21,625
2020 $51,443 $36,403 $2,942,903 $15,040
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