Spirit Voyage Legacy Foundation
Nonprofit profile at a glance
- EIN
- 834529421
- IRS 990 coverage
- 2021–2025
- Forms available
- Form 990 2025, Form 990-N 2020
- Location
- Hillsboro, VA, USA
- Phone
- 7036226122
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $223,685
- Expenses
- $352,442
- Assets
- $1,777,431
- Liabilities
- $614,725
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- KARAN KHALSA (PRESIDENT)
People named in this filing
- MATTHEW DAVID BABBIT (DIRECTOR)
- SIRI ELLIS (DIRECTOR)
- GABRIEL FULTON (VICE PRES, S)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organizational purpose of svlf is to provide opportunities and venues for learning and teaching healing arts, yoga, music, sustainable living and any other lifestyle or philosophy that leads to a better life and a healthier planet. Svlf will accomplish this goal by accepting donations of properties and assets that can be used to support these activities, including by making its real property assets available for use by other tax-exempt nonprofit organizations that share svlfs mission and values and by making monetary donations to those organizations.
What it reported doing in 2025
To provide opportunities and venues for learning and teaching healing arts, yoga, music, sustainable living and any other lifestyle or philosophy that leads to a better life and a healthier planet. The organization will accomplish this goal by accepting donations of properties and assets that can be used to support these activities, including by making its real property assets available for use by other tax-exempt nonprofit organizations that share the organizationss mission and values and by making monetary donations to those organizations.
Operating model
- Revenue model
- Earned-program. 67% of the money available for current operations came from fees and other program 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 program spending has grown recently. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 51
- Accountability: 47
- Sustainability: 34
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 84.8%; rating input score 85
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 15th 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: 60%; rating input score 60; 20th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- 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: -57.6%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 5.04; rating input score 79; 79th percentile among comparable filings
- Liabilities to assets ratio: 0.35; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: 43.1% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: -38.6% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: 16.5% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 84.8% of spending went to programs
- Governance: 3 of 5 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $299K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 22 of 23 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors and foreign activity
- Filing history: 5 filing years from 2021 to 2025
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 4 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.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Sustainability: Operating margin scored 3/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 12/100.