Krishnamurti Center Llc
Nonprofit profile at a glance
- EIN
- 844839432
- IRS 990 coverage
- 2021–2024
- Forms available
- Form 990 2024
- Location
- Ojai, CA, USA
- Phone
- 8056462726
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Adult, Continuing Education
Reported finances
- Revenue
- $505,418
- Expenses
- $1,528,739
- Assets
- $521,699
- Liabilities
- $4,676,957
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
Highest reported compensation
- FRANCISCO MAZZA (DIRECTOR): $74,737 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The sole member of the krishnamurti center, llc is the krishnamurti foundation of america, a 501(c)(3) tax-exempt charitable organization. The general purpose of the krishnamurti center, llc is as set forth in its articles of organization. The specific purpose of the krishnamurti center, llc is (i) to own and operate the krishnamurti center which conducts seminars, provides conference rooms and short term stays for guests, long term stays for scholars and students of krishnamurti's teachings, and engage in the education, publication and distribution of books, films, and recordings promulgating the teachings of j. Krishnamurti, (ii) to collect and receive contributions for charitable and educational purposes, as a nonprofit organization, and (iii) maintain and operate real property owned by the krishnamurti center, llc. The additional general purposes of the krishnamurti center, llc are to receive and maintain real and/or personal property, and subject to the restrictions and limitation
What it reported doing in 2024
The krishnamurti center llc is part of the krishnamurti foundation of america trust (kfa). The kfa is a nonprofit organization whose mission is to disseminate and preserve the teachings of j.krishnamurti and run schools and centers based upon these teachings.
Operating model
- Revenue model
- Other-operating. 78% of the money available for current operations came from other operating revenue.
- 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 the filed numbers largely add up. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 92
- Accountability: 95
- Sustainability: 11
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 54.8%; rating input score 55
- Fundraising efficiency: $0.45 raised per $1 spent on fundraising; rating input score 2; 2nd 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: 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: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -202.5%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 0.34; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 8.96; rating input score 0; 0th percentile among comparable filings
- Officer compensation ratio: 4.9%; rating input score 53; 53rd percentile among comparable filings
Growth
- Program expense growth: -2.2% per year; rating input score 0; 12th percentile among comparable filings
- Revenue growth: -6.4% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: 12.1% per year; rating input score 100; 65th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 54.8% of spending went to programs
- Governance: 7 of 7 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $838K in reported program spending
- Leadership: top reported pay $75K · 1 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- 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.
- Review — Financial Efficiency: Program expense ratio scored 55/100.
- High — Financial Efficiency: Fundraising efficiency scored 2/100.
- High — Sustainability: Operating margin scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- High — Sustainability: Liabilities to assets ratio scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 53/100.