Golden Lotus Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237044554 ✦ Vanderbilt, MI ✦ Designated as a 501(c)(3)

Overview

What is Golden Lotus Inc?

Golden Lotus Inc, based in Vanderbilt, Michigan, operates as a nonprofit organization with a mission rooted in the teachings of Paramahansa Yogananda. Their primary focus is the dissemination of practical scientific courses in various yoga techniques. These teachings aim to empower individuals to attain the highest levels of physical, mental, emotional, and spiritual well-being as they embark on their journey towards self-realization. With a dedicated team of 10 employees, Golden Lotus Inc fosters an inclusive environment where individuals can learn and apply the science of yoga, ultimately enhancing their overall well-being.


Official website here: www.goldenlotus.org

Is Golden Lotus Inc legitimate?

Golden Lotus Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golden Lotus Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $60,045
Professional Fundraising Fees: $0
Other Salaries and Wages: $67,118

For more financial information, click here


Official website here: www.goldenlotus.org

What is the mission statement of Golden Lotus Inc?

Golden Lotus Inc, inspired by the teachings of Paramahansa Yogananda, is dedicated to spreading the science of yoga and its practical applications. Their mission is to help individuals achieve the highest levels of physical, mental, emotional, and spiritual well-being as they progress towards self-realization. This is accomplished through the teaching of comprehensive, scientific courses in various yoga techniques.


Official website here: www.goldenlotus.org

Who is the CEO of Golden Lotus Inc?

Michael Wanger is the Treasurer of Golden Lotus Inc.


Official website here: www.goldenlotus.org

What is the revenue of Golden Lotus Inc?

Golden Lotus Inc's revenue in 2022 was $933,755.


Official website here: www.goldenlotus.org

Who are the executives of Golden Lotus Inc and what are their salaries?

The average compensation at Golden Lotus Inc during 2022 was $12,716. There are 10 employees at Golden Lotus Inc.

Here are 10 key members and their salaries:

    Justine Markey (Retreat Co-Manager)
  • Compensation: $30,160
  • Related: $0
  • Other: $0

    • Brian Clark (Retreat Co- Manager)
  • Compensation: $29,885
  • Related: $0
  • Other: $0

    • Joshua Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dorothy Stingley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Krumpelt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Armour (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Wanger (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Gabby (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Gary Saks (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ian Wylie (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.goldenlotus.org

    Where can I find the form 990 for Golden Lotus Inc?

    The Golden Lotus Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.goldenlotus.org

    Learn more at the official website: www.goldenlotus.org

    Mission Statement of Golden Lotus Inc

    Golden Lotus Inc, founded on the teachings of Paramahansa Yogananda, is dedicated to educating individuals on the science of yoga and its practical applications. Their mission is to empower all individuals, guiding them towards achieving the highest levels of physical, mental, emotional, and spiritual well-being as they progress on their journey towards self-realization. Through the teaching of practical scientific courses in various yoga techniques, Golden Lotus Inc aims to equip individuals with the tools necessary to improve their overall well-being, ultimately enabling them to reach their full potential.

    Impact

    This information is meant to be a general summary of Golden Lotus Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Golden Lotus Inc's impact is profound as it focuses on teaching the science of yoga and its practical applications based on the teachings of Paramahansa Yogananda. By offering practical scientific courses in various yoga techniques, the organization aims to guide individuals towards achieving the highest levels of physical, mental, emotional, and spiritual well-being on their journey towards self-realization. This holistic approach to personal development has the potential to positively transform lives and empower individuals to lead healthier and more fulfilling lifestyles.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,528
  • Program Service Revenue: $185,653
  • Gross Receipts: $933,755

    • Assets and Liabilities:
  • Total Assets: $2,890,675
  • Total Liabilities: $98,379
  • Net Assets: $2,792,296
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ACCOMODATIONS

    Revenue

    $107,482

    RETREATS

    Revenue

    $26,190

    BOOKSTORE

    Revenue

    $23,207

    SPECIAL EVENTS

    Revenue

    $28,021

    Organization Details

    Founding Year

    1969

    Principal Officer

    Michael Wanger

    Main Address

    9607 STURGEON VALLEY ROAD E, Vanderbilt, MI, 49795

    NTEE Category

    Code: P50 - Human services

    If you are a representative of Golden Lotus Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.