Nonprofits›Ayurvedic Institute

Ayurvedic Institute

ASHEVILLE, NC

Website

Total revenue

$1.7M

Total expenses

$2.1M

Net assets

$3.8M

Grants received

$30K

3 grants

EIN

850325587

Tax year

2023

Mission

The institute was established to teach and train people in traditional medicine and healing arts.

Programs

2 programs

Sales of educational materials (student shop): provide ayurvedic products from books to herbs, custom formulas and dry goods to our students and general public learning about and integrating ayurveda into their lives.

Expenses: $435K

The ayurvedic press (publishing department): publication for the education of the traditional healing art of ayurveda.

Expenses: $100K

Financials

FY 2023

Revenue

Contributions & grants$10K
Program service revenue$1.3M
Investment income$92K
Other revenue$313K
Total revenue$1.7M

Expenses

Grants paid—
Salaries & benefits$816K
Fundraising—
Other expenses$1.2M
Total expenses$2.1M
Total assets$6.1M
Net assets$3.8M

People

4 listed

NameRoleCompensation

VASANT LAD

PRESIDENT/CHAIRMAN

Board

$275K

40 hrs/wk

SHARON SCALTRITO

SECRETARY

Board

—

0.5 hrs/wk

MICHAEL STONE

TREASURER

Board

—

0.5 hrs/wk

HARISH RAICHADA

DIRECTOR

Board

—

10 hrs/wk

Independent contractors

AYURPRANA

EDUCATION

$802K

LAD WELLNESS CENTER LLC

EDUCATION

$320K

UNFOLDING HOLDINGS LLC

RENTS

$106K

Grants received

Showing 3 of 3

FromAmountPurposeYear
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$20K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
Hamill Family Foundation
$1K
Unrestricted
2020
AMERICAN ONLINE GIVING FOUNDATION INC
$9K
GENERAL SUPPORT
2019

Funded by

$30K from 3 funders · 3 grants · 2019–2020

Hamill Family Foundation

$1K · 1 grant · 2020

Details

EIN850325587
Subsection03
Ruling date1986-01
Formed1984
Employees25
Volunteers7
AYURVEDIC INSTITUTE — Mission, Financials & Grants Received | Grantivo