Holy Yoga Foundation

Nonprofit profile at a glance

EIN
274181769
IRS 990 coverage
2011–2020
Forms available
Form 990 2020
Location
Chandler, AZ, USA
Phone
6023321505
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Personal Social Services
Affiliation
Christianity

Reported finances

Revenue
$141,730
Expenses
$158,783
Assets
$8,107
Liabilities
$63,853

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • LEA BENSON (CEO)
  • BROOKE BOON (PRESIDENT)

Highest reported compensation

  • LEA BENSON (CEO): $28,125 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Holy yoga is an experiental worship created to deepen peoples connection to christ. Our sole purpose is to facilitate a christ honoring experience that offers an opportunity to believers and non-believers alike to authentically connect to god through his word, worship, and wellness.

What it reported doing in 2020

The work of holy yoga was focused on soul care, outreach, and support sos. Soul care was how we work with god in all dimensions of our hidden and spiritual lives. We accomplished this through bible studies, meditation, prayer calls, leadership development, and peer groups. Outreach was an invitation to encounter genuine community and receive nourishment for the body, mind, and spirit. We accomplished this through care calls, the holy yoga experience, and other outreach activities. Support was given to holy yoga instructors to provide the practical tools to build an effective ministry. We accomplished this through a comprehensive monthly guidance package called the encounter and online communities facilitated by our regional shepherds. The organization ceased these progrm activities at the end of september 2020.

Operating model

Revenue model
Donor-supported. 81% 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.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 55
  • Accountability: 90
  • Sustainability: 13
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.5%; rating input score 80
  • Program expense ratio: 68.1%; rating input score 68
  • Fundraising efficiency: $20.3 raised per $1 spent on fundraising; rating input score 53; 53rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • 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: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -12%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 0.05; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: 7.88; rating input score 0; 0th percentile among comparable filings
  • Officer compensation ratio: 17.7%; rating input score 26; 26th percentile among comparable filings

Growth

  • Program expense growth: -12.4% per year; rating input score 0; 15th percentile among comparable filings
  • Revenue growth: -2.5% per year; rating input score 0; 25th percentile among comparable filings
  • Asset growth: -3.3% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: 79.5% of revenue deployed · 68.1% of spending went to programs
  • Governance: 4 of 4 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $108K in reported program spending
  • Leadership: top reported pay $28K · 6 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 4 filed schedules · includes major donors and foreign activity
  • Filing history: 10 filing years from 2011 to 2020
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 53/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 20/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 26/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.