Shanthi Project EIN 27-3592356 Form 990 (PDF) Claim this org

Shanthi Project FY2024 filing

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Teaches social-emotional skills and resilience through mindfulness practice. For fiscal year 2024 it reported $405K in revenue, $326K in expenses, and $280K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Allentown, PA
Website
www.shanthiproject.org
Filings
4 on file (2021–2024)
Revenue
$405KFY2024
Expenses
$326K
Net assets
$280K
People
8
Filings
4
Updates
0
More identity details & actions ⌄
EIN  27-3592356 Public charity (501(c)(3)) Allentown, PA
Form 990 (PDF)
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Size
$100K–1M
What they do
Teaches social-emotional skills and resilience through mindfulness practice.
Leadership
Tiffany Noll Yurasits · President
Money in and out
$405K revenue, $326K expenses
Bottom line
69% program efficiency
Where the money goes · FY2024
Total revenue
$405K
Pt VIII · Ln 12
Total expenses
$326K
Pt IX · Ln 25
Net assets
$280K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $78K
Where spending went · Part IX cols B–D
Program services $0.69 Management & general $0.18 Fundraising $0.13
Program efficiency
69%
of spending reaches programs
Operating runway
9.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+19%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$405K
FY2024▲ +8%
Expenses
$326K
FY2024▼ -5%
Total assets
$280K
FY2024▲ +38%
Total liabilities
$0
FY2024▼ -100%
Total revenue
$405K
Pt VIII · Ln 12
Total expenses
$326K
Pt IX · Ln 25
Net assets
$280K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$78K
Total assetsPt X · Ln 16$280K
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CShanthi Project
EINHdr · item D27-3592356
Principal addressHdr · item CAllentown, PA
WebsiteHdr · item Jwww.shanthiproject.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P50)
Ruling yearIRS BMFOct 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $227K of program spending, described in the organization's own filed words · FY2023.
01

The number of people who benefit from shanthi project grows each year. Shanthi project developed and delivered social emotional learning and evidence-based mindfulness lessons to 4000+ students in the bethlehem, easton, nazareth, and northern lehigh school districts and facilitated 15 workshops for educators.

$227Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$373K · 92%
Contributions & grants$32K · 8%
Program service revenue92%$373K
Contributions & grants8%$32K
Investment income$260
— government grantsLn 1e$8K
Total revenueLn 12$405K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.18 Fundraising $0.13
Program services69%$227K
Management & general18%$57K
Fundraising13%$42K
Total functional expensesLn 25$326K

Balance Sheet

Part X · end of year
CashLn 1$261K
Total assetsLn 16$280K
Total liabilitiesLn 26$0
Total net assetsLn 32$280K
Months of cash on handcomputed9.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $261K · Operating expenses/yr $326K
9.6 months
Where the money goes
Program services
Program services $227K · Total expenses $326K
69%
Management & General
Management & general $57K · Total expenses $326K
18%
Fundraising
Fundraising $42K · Total expenses $326K
13%
Cost to raise $1
Fundraising expense (3-yr avg) $34K · Solicited contributions (3-yr avg) $24K
$1.41 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $32K · Total revenue $405K
8%
Government reliance
Government grants $8K · Total revenue $405K
2%
Earned-income share
Program service revenue $373K · Total revenue $405K
92%
Investment reliance
Investment income $260 · Total revenue $405K
+0.06%
Program self-sufficiency
Program service revenue $373K · Total expenses $326K
114%
Growth & trend
Revenue growth (YoY)
This year $405K · Prior year $373K
+8%
Net-asset trend (YoY)
End of year $280K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $405K · Expenses $326K
+19%
Liabilities-to-Assets
Total liabilities — · Total assets $280K
Net-asset ratio
Net assets $280K · Total assets $280K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $280K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Tiffany Noll Yurasits · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $326K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $234K · Total expenses $326K
72%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 69%
Overhead ratio 18%
Fundraising cost ratio 135%
Revenue growth 8%
Legal fee ratio 0.1%
Accounting fee ratio 0.8%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 9 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$405K revenue · viewing · ⤓ 990 PDF
FY2023$373K revenue · ⤓ 990 PDF
FY2022$363K revenue · ⤓ 990 PDF
FY2021$359K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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