Divine Values School INC

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To disseminate, educate, study and practice the philosophical knowledge and spiritual teaching grounded on the traditions of east and west with emphasis on Shiva Kriya Yoga.

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-5187493) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
65¢ of each $1 spent went to programs.
$7K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2023
latest Form 990
The latest return is for FY2023, 3 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $20K a year · 8% of revenue · last 3 filings
A surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
65%
of spending
65% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$7K
to officers and key staff · 3% of spending
Pay to officers and key staff is 3% of spending.
Part VII, Section A
6.4 mo
of spending, in cash
6.4 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$21K
18% of total assets
Liabilities are 18% of assets.
Pt X · Ln 26
Independent board members
0
of 7 voting members
None of 7 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$242K
+7% vs prior year
Spent
$221K
To programs
65%
Net assets
$96K
By yearFY2021–FY2023
Revenue
$242K
FY2023▲ +7%
Tap a bar for its year
Revenue by fiscal year
FY2021$348K
FY2022$226K
FY2023$242K
Expenses
$221K
FY2023▼ -29%
Tap a bar for its year
Expenses by fiscal year
FY2021$224K
FY2022$309K
FY2023$221K
Net assets
$96K
FY2023▲ +28%
Tap a bar for its year
Net assets by fiscal year
FY2021$159K
FY2022$75K
FY2023$96K

From the FY2023 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Dec 2014.

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

Where the money goes

65 cents of each dollar spent went to programs.

Program services 65% · $143K Management & general 35% · $78K

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

7 people listed on the 990; $7K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
$3,500Pt VII · Sec A
Vice President
$3,500Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Foundation Mgr.
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Desiree Collazo’s $4K as President is at the 2nd percentile of top reported officer pay among 2168 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2023FY2022FY2021
Santiago Fonseca$3,500$3,500$8,000
Desire Collazo—$7,500—
Desiree Collazo$3,500—$7,357
Diana Pizarro—$2,600—

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.

See Divine Values School INC executive salaries →

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

Programs and updates

Teaches and studies Eastern and Western philosophy and spiritual practices, focusing on Shiva Kriya Yoga.

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1 program · $143K · in their own filed words · FY2023
01

Operating Contractors

School Instructors

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-5187493) · Dispute this line
$143Kprogram 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 · FY2023
Total grants receivedfrom 1 funder$8K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$242K
Ln 12
Gifts and grantsLn 1h$242K
Money outPt IX
$221K
Ln 25
Programscol B$143K
Managementcol C$78K
Owns and owesPt X
$96K
net assets · Ln 32
Cash and savingsLn 1–2$117K
Total assetsLn 16$117K
LiabilitiesLn 26$21K
PeoplePt VI, VII
7
listed · VII A
PaidVII A2
Voting boardVI 1a7
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$242K
Gains on assetsLn 7$0
Total revenueLn 12$242K
Assets in detailPt X, end of year
CashLn 1$117K
Cash and savings togetherLn 1–2$117K
Other assetsLn 15$1
Total assetsLn 16$117K
LiabilitiesLn 26$21K
Net assetsLn 32$96K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$97K$117K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$97K$117K
LiabilitiesLn 26$22K$21K
Net assetsLn 32$75K$96K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of officers and key staff (Part IX, line 5)Ln 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$5K$5K
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$21K$21K
Office expensesLn 13$36K$36K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$6K$6K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$153K$143K$11K
All other expensesLn 24e$0
Total functional expensesLn 25$221K$143K$78K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest ViewingFiled with the IRS Oct 24, 2024 $242K$221K$21K$96K 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $226K$309K−$83K$75K 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $348K$224K$124K$159K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2023 990
Part I · Summary $241,584 revenue, 12 lines filed
I-8 Contributions and grants$241,584
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenue$241,584
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expenses$220,533
I-18 Total expenses$220,533
I-19 Revenue less expenses$21,051
Part VI · Governance 0 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members0
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
Part VIII · Statement of revenue $241,584 across 8 lines filed
VIII-1b Membership dues$241,584
VIII-1h Total contributions, gifts and grants$241,584
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenue$241,584
Part IX · Statement of functional expenses $220,533 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of officers and key staff (Part IX, line 5)$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal feesManagement $4,800$4,800
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionManagement $21,002$21,002
IX-13 Office expensesManagement $35,594$35,594
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyManagement $5,742$5,742
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $142,515 · Management $10,880$153,395
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $142,515 · Management $78,018 · Fundraising $0$220,533
Part X · Balance sheet $117,245 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $97,382$117,244
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$1
X-16 Total assetsStart of year $97,382$117,245
X-24 Unsecured notes and loans payableStart of year $22,119$20,931
X-26 Total liabilitiesStart of year $22,119$20,931
X-29 Capital stock or trust principalStart of year $158,685$75,263
X-31 Retained earnings or endowmentStart of year −$83,422$21,051
X-32 Total net assets or fund balancesStart of year $75,263$96,314
X-33 Total liabilities and net assetsStart of year $97,382$117,245
Part XI · Reconciliation of net assets $96,314 net assets at year end
XI-1 Total revenue$241,584
XI-2 Total expenses$220,533
XI-3 Revenue less expenses$21,051
XI-4 Net assets at start of year$75,263
XI-10 Net assets at end of year$96,314

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

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