CENTRAL TEXAS VIPASSANA ASSOCIATION INC

EIN: 471172022 501(c)(3) Religion

Austin, TX

Total Revenue
$1,557,278
Total Expenses
$515,226
Total Assets
$5,411,039
Net Assets
$5,411,039
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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
TX
Principal Officer
ANJANA DESAI
Phone
7039455288
Tax Period
2025-01-01 to 2025-12-31

CENTRAL TEXAS VIPASSANA ASSOCIATION INC, founded in 2014, is a community nonprofit in the Religion sector that reported $1.6M in total revenue in fiscal year 2025. Revenue surged 159% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 67% operating margin.

Mission

The primary purpose of the corporation is to promote educational and religious activity as defined in Section 501(c)(3) of the Internal Revenue Code, including, but not limited to the advancement of education, religion and non-sectarian spirituality through promoting, in accordance with the principles established by the late Sayagyi U Ba Khin, the study and practice of developing concentration of mind, insight and high standards of morality through the dissemination of non-sectarian religious teachings. In conjunction with this primary purpose, the corporation may establish and operate temporary and permanent centers, schools, colleges, libraries, institutions, courses and other facilities (including residential facilities) for the advancement of the non-sectarian teachings as aforesaid.

Program Service Accomplishments

Program 1
Expenses: $123,316 Revenue: $200,632

We organized about 16 of 10 day residential meditation courses, since Janurary, attended by 562 students, served by 120 servers and 22 teachers.

Program 2
Expenses: $660 Revenue: $2,581

Two Meditation courses for children were held during the year. A total of 68 children attended the course, 46 servers and 4 teachers

Program 3
Expenses: $33,000 Revenue: $60,000

We organized ten, Two days meditation course between Janurary & December attended by 280 students served by 89 servers and 10 teachers

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,294,013
Program Service Revenue $263,214
Investment Income $51
Other Revenue $0
TOTAL REVENUE $1,557,278

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $156,976
Other Expenses $515,226
TOTAL EXPENSES $515,226

Year-over-Year Comparison

2025 2024 Change
Revenue $1,557,278 $601,040 +1.6%
Expenses $515,226 $368,241 +0.4%
Net Income $1,042,052 $232,799 +3.5%
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
10
Independent Members
10
Employees
N/A
Volunteers
250

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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Vatsalya Sharma Trust Member 10
Director
$0 $0 $0
Maulik Mistry Trust Member 5
Director
$0 $0 $0
Swatantra Jain Trust Member 1
Director
$0 $0 $0
Jugal Malani Trust Member 1
Director
$0 $0 $0
Pravin Naikele Trust mamber 10
Director
$0 $0 $0
Arif Shipchandler Trust Member 5
Director
$0 $0 $0
Balkrishna B Goenka President 15.00
Officer Director
$0 $0 $0
Sailendra Banda Vice President 10
Officer Director
$0 $0 $0
Anjana Desai Treasurer 1
Officer Director
$0 $0 $0
Vijayshree Bothe Secretary 10
Officer 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
2025 $1,557,278 $515,226 $5,411,039 $1,042,052
2024 No data No data No data No data
2023 $568,401 $285,204 $4,386,188 $283,197
2022 $1,310,339 $32,166 $3,988,865 $1,278,173
2021 $918,476 $28,608 $2,640,057 $889,868
2020 $456,252 $22,669 $1,750,192 $433,583
2019 $504,177 $22,039 $1,316,610 $482,138
2019 $507,531 $20,393 $1,316,610 $487,138
2018 $535,573 $46,139 $769,473 $489,434
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