New Dharma FY2023 filing

Tax-deductible

Washoe Valley, NV501(c)(3)ReligionEIN 27-0438267Revenue $200K in FY2023

On file with the IRSsatshree.org355 McClellan Dr, 89704-9730 · Washoe Valley, NVTax-exempt since Dec 2009Church — 170(b)(1)(A)(i)

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To show a new possibility for mankind.

501(c)(3) charity; gifts are tax-deductible.
34¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $95K a year · 15% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
34%
of spending
Concern: 34% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 1.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$121K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$200K
-50% vs prior year
Spent
$690K
To programs
34%
Net assets
$1.7M
By yearFY2019–FY2024
Revenue
$200K
FY2023▼ -50%
Tap a bar for its year
Revenue by fiscal year
FY2019$760K
FY2020$1.3M
FY2021$841K
FY2022$404K
FY2023$200K
FY2024$224K
Expenses
$690K
FY2023▲ +54%
Tap a bar for its year
Expenses by fiscal year
FY2019$693K
FY2020$585K
FY2021$442K
FY2022$446K
FY2023$690K
FY2024$288K
Net assets
$1.7M
FY2023▼ -22%
Tap a bar for its year
Net assets by fiscal year
FY2019$1.1M
FY2020$1.8M
FY2021$2.3M
FY2022$2.2M
FY2023$1.7M
FY2024$1.7M

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

34 cents of each dollar spent went to programs.

Program services 34% · $233K Management & general 65% · $449K Fundraising 1% · $8K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2021FY2020
Janice Barbour$21,733$19,800

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II2 listed

Programs and updates

Inspires humanity with visions of a better future.

Questions for New Dharma

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Provided by the organization

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4 programs · $397K · in their own filed words · FY2023
01

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.

$141Kprogram expense
02

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.

$141Kprogram expense
03

The programs New Dharma offered remotely and in person in 2022 included6-day and 9-day retreats online 203 in person, 2 6-week residential Third Pilar Immersion retreats, 2 India retreats, 10 Satsangs, 3 Intensives, a SAT weekend, a World Mother Study course, 7 Bhagavad Gita study course, 35 online world awakening meditations.

$57Kprogram expense
04

The programs New Dharma offered remotely and in person in 2022 included6-day and 9-day retreats online 203 in person, 2 6-week residential Third Pilar Immersion retreats, 2 India retreats, 10 Satsangs, 3 Intensives, a SAT weekend, a World Mother Study course, 7 Bhagavad Gita study course, 35 online world awakening meditations.

$57Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$50K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$200K
Ln 12
Fees for servicesLn 2g$186K
Gifts and grantsLn 1h$42K
Money outPt IX
$690K
Ln 25
Programscol B$233K
Managementcol C$449K
Fundraisingcol D$8K
Owns and owesPt X
$1.7M
net assets · Ln 32
Cash and savingsLn 1–2$91K
Total assetsLn 16$1.8M
LiabilitiesLn 26$121K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$42K
Fees for servicesLn 2g$186K
Total revenueLn 12$200K
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$91K
Total assetsLn 16$1.8M
LiabilitiesLn 26$121K
Net assetsLn 32$1.7M
OperationsPt I, VI
EmployeesI 54
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $224K$288K−$64K$1.7M 990 PDF
FY2023 Viewing $200K$690K−$489K$1.7M 990 PDF
FY2022 $404K$446K−$42K$2.2M 990 PDF
FY2021 $841K$442K$398K$2.3M 990 PDF
FY2020 $1.3M$585K$697K$1.8M 990 PDF
FY2019 $760K$693K$68K$1.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (1 part)
Part VI · Governance 4 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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