New Dharma

EIN: 270438267 501(c)(3) Religion

Carson City, NV

Total Revenue
$224,104
Total Expenses
$288,086
Total Assets
$1,763,791
Net Assets
$1,664,512
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NV
Principal Officer
Robert Stephson
Tax Period
2024-01-01 to 2024-12-31

New Dharma, founded in 2010, is a small nonprofit in the Religion sector that reported $224K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $288K exceeded revenue, resulting in a 29% operating deficit.

Mission

To show a new possibility for mankind

Program Service Accomplishments

Program 1
Expenses: $95,172 Revenue: $48,072

New Dharma conducts a year round residential program in Washoe Valley, NV, that is dedicated to providing programming and structure to assist individuals in their spiritual progress and in bringing...

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New Dharma conducts a year round residential program in Washoe Valley, NV, that is dedicated to providing programming and structure to assist individuals in their spiritual progress and in bringing the teachings into all aspects of daily life. The individuals who live at the Center have been invited by Sat Shree to participate in the residential program. There is a daily program of activities including daily meditations, study, weekly talks, private sessions, weekend programs, and study groups with 6-10 individuals participating in the residential program at any one time. In addition to the residents living at the Centre, 35 different guests participated in the residential program during the year.

Program 2
Expenses: $86,663 Revenue: $108,778

The Intensives and Silent Retreat programs include meditations, periods of silence, talks, small groups and participation with Sat Shree. The purpose of each Retreat is to explore the nature of...

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The Intensives and Silent Retreat programs include meditations, periods of silence, talks, small groups and participation with Sat Shree. The purpose of each Retreat is to explore the nature of consciousness and how an individual can integrate this consciousness into their daily lives. The Silent Retreats are designed to give each individual an opportunity to step out of their lives for a period of time to discover the truth of who they are to give each person time to explore how to integrate what they discover about themselves into their life. In 2024 we conducted 492 daily meditations approximately 100 unique participants 2 21-day world awakening meditation programs with 106 participants 2 6-day retreats, 1 9-day retreat, 1 4-day retreat, a World Mother immersion 3-day retreat with approximately 15 participants per retreat and 30 unique participants 3 6-week residential Immersion retreats with 19 participants 10 Satsangs with 50 participants 28 private meeting sessions 34 mentoring and introductory calls 7 World Awakening Meditation Groups 4 Global study inquiry groups

Program 3
Expenses: $19,822

New Dharma maintains a website to make available to the general public live online programs, events and meditations, Sat Shrees recorded talks, videos, writings, a calendar of events, program...

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New Dharma maintains a website to make available to the general public live online programs, events and meditations, Sat Shrees recorded talks, videos, writings, a calendar of events, program information and other related material. Sat Shrees recorded talks are also available on YouTube to reach a wider audience. In 2024 43 new videos were posted. The channel has over 2000 subscribers and received 15,000 views in 2024.

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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 (2024)

Revenue Breakdown

Contributions & Grants $66,682
Program Service Revenue $157,364
Investment Income $58
Other Revenue $0
TOTAL REVENUE $224,104

Expense Breakdown

Grants Paid $1,220
Salaries & Benefits $99,697
Fundraising Expenses $545
Program Expenses $201,657
Other Expenses $187,169
TOTAL EXPENSES $288,086

Year-over-Year Comparison

2024 2023 Change
Revenue $224,104 $200,373 +0.1%
Expenses $288,086 $689,642 -0.6%
Net Income $-63,982 $-489,269 -0.9%
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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Governance

Voting Members
4
Independent Members
4
Employees
2
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robert Stephson President 001.00
Director
$0 $0 $0
Natalie Jones Secretary 001.00
Director
$0 $0 $0
Caroline Ryberg Treasurer 001.00
Director
$0 $0 $0
Marty Oppal Director 001.00
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 $224,104 $288,086 $1,763,791 $-63,982
2023 $200,373 $689,642 $1,873,936 $-489,269
2023 $200,373 $689,642 $1,849,936 $-489,269
2022 $404,023 $446,489 $2,359,245 $-42,466
2021 $829,857 $425,575 $2,442,509 $404,282
2021 $840,770 $442,460 $2,436,483 $398,310
2020 $1,282,567 $585,287 $2,441,911 $697,280
2020 $1,254,046 $538,257 $2,541,742 $715,789
2019 $760,491 $692,514 $1,845,762 $67,977
2019 $759,941 $707,950 $1,823,579 $51,991
2018 $1,432,957 $685,705 $1,753,480 $747,252
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