NonprofitsSouthern Dharma Retreat Center Inc

Religion-Related

Southern Dharma Retreat Center Inc

HOT SPRINGS, NC

Total revenue

$834K

Total expenses

$748K

Net assets

$1.7M

Grants received

$235K

23 grants

EIN

561695711

Tax year

2024

Mission

The mission of Southern Dharma Retreat Center (SDRC) is to provide mediation retreats, provided dharma instruction, and support communites grounded in Buddhist practice traditions.

Programs

1 program

For over forty years, Southern Dharma Retreat Center has been offering meditation retreats and Dharma teachings in a variety of Buddhist traditions. However, in the aftermath of Hurricane Helene, which passed through Western North Carolina on September 26, 2024, the staff and leadership of Southern Dharma Retreat Center redirected their efforts to raise funds and provide direct support to people and communities that were impacted by the storm. Friends of Southern Dharma contributed over $180,000 to support Southern Dharmas hurricane relief efforts. Southern Dharma used these funds to create small-scale distribution centers to purchase and distribute food, water and other supplies to local communities and to provide direct financial support to local charities and mutual aid organizations.

Financials

FY 2024

Revenue

Contributions & grants$487K
Program service revenue$329K
Investment income$14K
Other revenue$4K
Total revenue$834K

Expenses

Grants paid$145K
Salaries & benefits$247K
Fundraising$16K
Other expenses$356K
Total expenses$748K
Total assets$1.8M
Net assets$1.7M

People

13 listed

NameRoleCompensation

Sonia Marcus

Executive Director

Board

$66K

40 hrs/wk

Nancy Wright

Chair

Board

10 hrs/wk

Diane LoFaro

Incoming Treasurer

Board

5 hrs/wk

Dana Pulley

Secretary

Board

2 hrs/wk

Carolyn Graham

Board Member

Board

5 hrs/wk

Curtis Jordan

Board Member

Board

2 hrs/wk

Tom Newby

Board Member

Board

2 hrs/wk

Brian Silva

Departing Treasurer

Board

5 hrs/wk

Stephanie Swann

Board Member

Board

2 hrs/wk

Ibada Wadud

Board Member

Board

2 hrs/wk

Cathy Cole

Board Member

Board

2 hrs/wk

Alan Young

Board Member

Board

2 hrs/wk

Jonathan King

Board Member

Board

2 hrs/wk

Grants received

Showing 23 of 23

FromAmountPurposeYear
$19K
RELIGION RELATED
2023
$1K
CHARITABLE
2023
$18K
RELIGION RELATED
2022
$65
ETHNIC AND RELIGIOUS
2021
$35K
CHARITABLE SUPPORT
2020
$10K
RELIGION RELATED
2020
$7K
For grant recipient's exempt purposes
2020
$10K
GENERAL OPERATING SUPPORT
2019
$15K
GENERAL OPERATING SUPPORT
2018
$5K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. NO BENEFITS TO BE RECEIVED FROM THIS GRANT.
2018

Funded by

$235K from 11 funders · 23 grants · 2018–2024

Coastal Community Foundation Of South

$135K · 6 grants · 2018–2024

Donor Advised Charitable Giving Inc

$47K · 3 grants · 2020–2023

The Community Foundation For Greater

$15K · 2 grants · 2019–2020

Adele & Willard Gidwitz Family Foundatio

$9K · 5 grants · 2020–2024

Franklin Weinberg Fund

$1K · 1 grant · 2023

Details

EIN561695711
NTEE codeX50Z
Subsection03
Ruling date1993-02
Formed1989
Employees12
Volunteers18
SOUTHERN DHARMA RETREAT CENTER INC — Mission, Financials & Grants Received | Grantivo