HEARTFULNESS INSTITUTE (EIN 811750608) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

NARENDRA KINI

Phone

9258990995

Tax Period

2023-01-01 to 2023-12-31

HEARTFULNESS INSTITUTE, founded in 2016, is a community nonprofit in the Human Services sector that reported $2.1M in total revenue in fiscal year 2023. Revenue surged 49% from the prior year, signaling strong growth momentum. Expenses of $3.6M exceeded revenue, resulting in a 74% operating deficit.

Mission

TO ENGAGE IN ACTIVITIES THAT FURTHER THE MESSAGE OF SPIRITUALITY, MEDITATION AND RELATED LIFESTYLE CHOICES, INCLUDING EDUCATION, WELLNESS RESEARCH AND TRAINING, AS PRACTICED BY THE ADHERENTS TO THE PRINCIPLES AND TEACHINGS OF THE SAHAJ MARG SYSTEM OF RAJA YOGA MEDITATION.TO COLLABORATE & ENGAGE IN ACTIVITIES WITH SIMILAR ORGANIZATIONS AND PROMOTE EVENTS THAT FURTHER WELLNESS AND HEARTFULNESS. ORGANIZE CONVENTIONS & TRAINING PROGRAMS AND ENGAGE IN ALL LAWFUL ACTIVITIES INCIDENTAL TO FOREGOING PURPOSES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,709,364

Program Service Revenue $184,355

Investment Income $164,282

Other Revenue $0

TOTAL REVENUE $2,058,001

Expense Breakdown

Grants Paid $2,750,000

Salaries & Benefits $0

Fundraising Expenses $10,384

Program Expenses $3,482,310

Other Expenses $837,929

TOTAL EXPENSES $3,587,929

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,058,001	$1,376,878	+0.5%
Expenses	$3,587,929	$634,188	+4.7%
Net Income	$-1,529,928	$742,690	-3.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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
JAYARAM THIMMAPURAM	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER THOMAS MILLS	DIRECTOR	1.00	Director	$0	$0	$0
KAMINI KHANJEE	DIRECTOR	1.00	Director	$0	$0	$0
UDAYKUMAR ADDANKI	DIRECTOR	1.00	Director	$0	$0	$0
GIRISH DIXIT	PRESIDENT	5.00	Officer	$0	$0	$0
BALAJI IYER	VICE PRESIDENT	10.00	Officer	$0	$0	$0
NARENDRA KINI	SECRETARY	30.00	Officer	$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	No data	No data	No data	No data
2023	$2,058,001	$3,587,929	$3,334,638	$-1,529,928
2022	$1,376,878	$634,188	$4,874,330	$742,690
2021	$2,344,282	$478,395	$4,090,930	$1,865,887
2020	$1,024,068	$300,116	$2,162,459	$723,952
2019	$920,692	$397,800	$1,439,812	$522,892
2018	$941,624	$543,545	$975,873	$398,079

HEARTFULNESS INSTITUTE