Sri Karunamayi Institute of Vedic Studies and Meditation Center

Nonprofit profile at a glance

EIN
843296845
IRS 990 coverage
2021–2023
Official website data refreshed
Jun 2026
Forms available
Form 990 2023, Form 990-EZ 2022, Form 990-N 2019
Location
Laurel, MD, USA
Phone
2405933683
Rating
33
Verdict
REVIEW
Rating confidence
Moderate
Sector
Christianity
Affiliation
Hinduism

Official website

Reported finances

Revenue
$37,954
Expenses
$10,296
Assets
$569,549
Liabilities
$80,308

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • BHADRA VADALI (PRESIDENT)

People named in this filing

  • VIJAY KUMAR GARIMALLA (SECRETARY)
  • RAVINDER PAUL LALL (VICE PRESIDE)
  • WILLIAM MCCARTY (LEGAL AFFAIR)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The very essence of spirituality and religion lies in understanding the depth of ancient wisdom, connecting to the divine, and achieving inner peace. Our organization, rooted in the profound teachings of vedic scriptures and the practice of meditation, serves as a guiding beacon for those on a spiritual journey. 1. Preservation of ancient wisdom: "vedic studies: vedic scriptures are among the oldest religious texts in the world, comprising a vast body of knowledge about spirituality, philosophy, rituals, and ethics. Our organization aims to preserve, study, and propagate this wisdom to ensure it remains accessible for generations to come. We provide a platform for rigorous scholarly research while also making these teachings accessible to the general public. "integration with modern life: recognizing the challenges and complexities of contemporary life, we strive to interpret vedic principles in ways that resonate with today's globalized world. Our goal is to ensure that ancient wisdom

What it reported doing in 2023

The program delves into the profundities of vedic scriptures, ensuring that the timeless wisdom these texts offer seamlessly aligns with contemporary needs and understandings. A significant component of the program focuses on personal development, emphasizing transformative meditation practices alongside specialized workshops and retreats centered on the nuances of vedic studies. Community building is integral to the program's ethos, with initiatives aimed at uniting diverse individuals under the umbrella of shared spiritual values. In line with the revered vedic principle of 'selfless service,' the program encourages and provides avenues for volunteerism. The organization actively engages in interfaith dialogues, promoting universal spiritual truths, and makes extensive use of online platforms to disseminate vedic teachings to a broader audience. The organization's program is not merely an academic or spiritual pursuit; it is a holistic journey aimed at harmonizing ancient teachings with modern living, guiding participants towards deeper spiritual fulfillment and inner peace.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 90
  • Accountability: 6
  • Sustainability: 81
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • 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: 72.9%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 55.32; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -100% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -79.7% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: 26.7% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 0 of 4 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 15 of 15 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2021 to 2023
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.