ADVAITA FELLOWSHIP

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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

1988

Legal Domicile

Principal Officer

Steven Hoel

Phone

3103769636

Tax Period

2024-01-01 to 2024-12-31

ADVAITA FELLOWSHIP, founded in 1988, is a small nonprofit that reported $213K in total revenue in fiscal year 2024. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $206K left a modest 3% surplus.

Mission

Offer the Teachings of Advaita, via book publications, monthly newsletters, Zoom satsangs, web presence, Mp3s, Mp4s, and seminars, to all those who seek to end human suffering.

Program Service Accomplishments

Program 1

Expenses: $120,265 Revenue: $7,978

HEADQUARTERS/Hermosa Beach, CA: average of 12/month annually in-house open public Satsangs, also via Zoom; book/Mp3/Mp4 sales, newsletters, organization's adminstration.

Program 2

Expenses: $83,040 Revenue: $58,090

INTERNATIONAL: European tour hosting multi-day Satsangs and offering two annual week long retreats. Spain, France,Greece, Holland.

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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 (2024)

Revenue Breakdown

Contributions & Grants $205,435

Program Service Revenue $0

Investment Income $0

Other Revenue $7,455

TOTAL REVENUE $212,890

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,870

Fundraising Expenses $0

Program Expenses $203,305

Other Expenses $195,300

TOTAL EXPENSES $206,170

Year-over-Year Comparison

	2024	2023	Change
Revenue	$212,890	$144,723	+0.5%
Expenses	$206,170	$149,002	+0.4%
Net Income	$6,720	$-4,279	-2.6%

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

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
Mallory Shimada	Treasurer/Sectretary	0.10	Director	$0	$0	$0
Steven Hoel	President	0.20	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	$212,890	$206,170	$31,629	$6,720
2024	$212,890	$206,170	$31,629	$6,720