Yoga Sanctuary

EIN: 931735138 501(c)(3) Health Care

Minneapolis, MN

Total Revenue
$280,633
Total Expenses
$233,773
Total Assets
$133,117
Net Assets
$126,540
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
MN
Phone
6125679642
Tax Period
2024-01-01 to 2024-12-31

Yoga Sanctuary, founded in 2023, is a small nonprofit in the Health Care sector that reported $281K in total revenue in fiscal year 2024. The organization ran a surplus of $47K, a strong 17% operating margin.

Mission

The mission is to teach students yoga for the purpose of community development, create holistic healing, reduce trauma, promote the mind-body connection, teach self-care, disrupt oppressive systems, and fight systemic racism.

Program Service Accomplishments

Program 1
Expenses: $142,874 Revenue: $172,379

Yoga Studio

Program 2
Expenses: $41,166 Revenue: $48,704

Community Outreach

Program 3
Expenses: $19,500 Revenue: $25,140

Teacher Training

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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 $34,410
Program Service Revenue $246,223
Investment Income $0
Other Revenue $0
TOTAL REVENUE $280,633

Expense Breakdown

Grants Paid $0
Salaries & Benefits $15,860
Fundraising Expenses $3,756
Program Expenses $203,540
Other Expenses $217,913
TOTAL EXPENSES $233,773

Year-over-Year Comparison

2024 2023 Change
Revenue $280,633 N/A N/A
Expenses $233,773 N/A N/A
Net Income $46,860 N/A N/A
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

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Governance

Voting Members
6
Independent Members
5
Employees
1
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
3
$14,333
Total Directors
6
$14,333
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michelle Pagitt Exective Dir 40.00
Officer Director
$14,333 $0 $14,333
Tim Palmer Treasurer 2.00
Officer Director
$0 $0 $0
Laura Reese Vice Chair 2.00
Officer Director
$0 $0 $0
Kim Masters Director 2.00
Director
$0 $0 $0
Jamie Gates Director 2.00
Director
$0 $0 $0
Julie Gudmestad Director 2.00
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 $280,633 $233,773 $133,117 $46,860
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