Appamada Inc
Overview
Mission
To support zen practice of meditation and study
What it reported doing in 2024
Zen practice and activities-daily meditation, Sunday morning program of meditation and talks, Wednesday evening program of meditation and informal discussion, spiritual retreats
Operating model
- Revenue model
- Donor-supported. 67% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
Nonprofit profile at a glance
- EIN
- 203671874
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024, Form 990-EZ 2019
- Location
- Austin, TX, USA
- Phone
- 5124366699
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Buddhism
- Affiliation
- Buddhism
Reported finances
- Revenue
- $114,783
- Expenses
- $138,999
- Assets
- $562,623
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 92
- Accountability: 76
- Sustainability: 46
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.5%; rating input score 74
- Program expense ratio: 75.9%; rating input score 76
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -21.1%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 4.05; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 6.6% per year; rating input score 100; 60th percentile among comparable filings
- Revenue growth: 4.1% per year; rating input score 100; 47th percentile among comparable filings
- Asset growth: 18.6% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 73.5% of revenue deployed · 75.9% of spending went to programs
- Governance: 5 of 5 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $105K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 18 of 18 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 4 annual filings from 2020 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Sustainability: Operating margin scored 13/100.
Leadership & pay
5 people listed
People named in this filing
- Susan Kaderka (President)
- Bridgette Beinecke (Vice President)
- Whit Ewen (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024.