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Central Texas Vipassana Association Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Religion-Related, Spiritual Development / Nonmonetary Support N.E.C. (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$568k (2023)

Expenses
$285k (2023)

Total Assets
$4.39M (2023)

Total Liabilities
$250k (2023)

Source: Form 990 tax filings from 2014 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$568,401
Expenses
$285,204
Net Income
$283,197
Net Assets
$4,136,188
Notable Sources of Revenue Percent of Total Revenue
Contributions $609,546
> 100%
Program Services $0
Investment Income $649
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$41,794
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,386,188
Total Liabilities $250,000
Net Assets $4,136,188
Compensation
Key Employees and Officers Compensation Related Other
Vatsalya Sharma (Trust Member) $0 $0 $0
Maulik Mistry (Trust Member) $0 $0 $0
Swatantra Jain (Trust Member) $0 $0 $0
Jugal Malani (Trust Member) $0 $0 $0
Pravin Naikele (Trust Mamber) $0 $0 $0
Arif Shipchandler (Trust Member) $0 $0 $0
Balkrishna B Goenka (President) $0 $0 $0
Sailendra Banda (Vice President) $0 $0 $0
Anjana Desai (Treasurer) $0 $0 $0
Vijayshree Bothe (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,310,339
Expenses
$32,166
Net Income
$1,278,173
Net Assets
$3,798,865
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,308,053
99.8%
Program Services $0
Investment Income $2,286
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,988,865
Total Liabilities $190,000
Net Assets $3,798,865
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Vatsalya Sharma (Trust Member) $0 $0 $0
Maulik Mistry (Trust Member) $0 $0 $0
Swatantra Jain (Trust Member) $0 $0 $0
Jugal Malani (Trust Member) $0 $0 $0
Pravin Naikele (Member) $0 $0 $0
Arif Shipchandler (Member) $0 $0 $0
Balkrishna B Goenka (President) $0 $0 $0
Sailendra Banda (Vice President) $0 $0 $0
Anjana Desai (Treasurer) $0 $0 $0
Vijayshree Bothe (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$918,476
Expenses
$28,608
Net Income
$889,868
Net Assets
$2,575,057
Notable Sources of Revenue Percent of Total Revenue
Contributions $918,081
100.0%
Program Services $0
Investment Income $395
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,640,057
Total Liabilities $65,000
Net Assets $2,575,057
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Vatsalya Sharma (Trust Member) $0 $0 $0
Maulik Mistry (Trust Member) $0 $0 $0
Swatantra Jain (Trust Member) $0 $0 $0
Jugal Malani (Trust Member) $0 $0 $0
Pravin Naikele (Member) $0 $0 $0
Arif Shipchandler (Member) $0 $0 $0
Balkrishna B Goenka (President) $0 $0 $0
Sailendra Banda (Vice President) $0 $0 $0
Anjana Desai (Treasurer) $0 $0 $0
Raj Banga (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$456,252
Expenses
$22,669
Net Income
$433,583
Net Assets
$1,685,192
Notable Sources of Revenue Percent of Total Revenue
Contributions $455,912
99.9%
Program Services $0
Investment Income $340
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,750,192
Total Liabilities $65,000
Net Assets $1,685,192
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Balkrishna B Goenka (President) $0 $0 $0
Shail Banda (Vice President) $0 $0 $0
Vatsalya Sharma (Trust Member) $0 $0 $0
Anjana Desai (Treasurer) $0 $0 $0
Maulik Mistry (Trust Member) $0 $0 $0
Swatantra Jain (Trust Member) $0 $0 $0
Jugal Malani (Trust Member) $0 $0 $0
Raj Banga (Secretary) $0 $0 $0
Pravin Naikele (Member) $0 $0 $0
Arif Shipchandler (Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$507,531
Expenses
$20,393
Net Income
$487,138
Net Assets
$1,256,610
Notable Sources of Revenue Percent of Total Revenue
Contributions $507,263
99.9%
Program Services $0
Investment Income $268
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,316,610
Total Liabilities $60,000
Net Assets $1,256,610
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Arif Shipchandler (President) $0 $0 $0
Elizabeth Maladenov (Vice President) $0 $0 $0
Ritesh Gupta (Jt. Treasurer) $0 $0 $0
Anjana Desai (Jt. Treasurer) $0 $0 $0
Bala Goenka (Secretary) $0 $0 $0
Swatantra Jain (Member) $0 $0 $0
Jugal Malani (Member) $0 $0 $0
Raj Banga (Member) $0 $0 $0
Shail Banda (Member) $0 $0 $0
Sunil Dutt (Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$535,573
Expenses
$46,139
Net Income
$489,434
Net Assets
$769,473
Notable Sources of Revenue Percent of Total Revenue
Contributions $535,539
100.0%
Program Services $0
Investment Income $34
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $769,473
Total Liabilities $0
Net Assets $769,473
Compensation
Key Employees and Officers Compensation Related Other
Arif Shipchandler (President) $0 $0 $0
Shwu Jen Wu (Vice President) $0 $0 $0
Ritesh Gupta (Jt. Treasurer) $0 $0 $0
Anjana Desai (Jt. Treasurer) $0 $0 $0
Bala Goenka (Secretary) $0 $0 $0
Swatantra Jain (Member) $0 $0 $0
Jugal Malani (Member) $0 $0 $0
Raj Banga (Member) $0 $0 $0
Shail Banda (Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$157,853
Expenses
$47,421
Net Income
$110,432
Net Assets
$265,980
Notable Sources of Revenue Percent of Total Revenue
Contributions $157,833
100.0%
Program Services $0
Investment Income $20
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $345,980
Total Liabilities $80,000
Net Assets $265,980
Compensation
Key Employees and Officers Compensation Other
Arif Shipchandler (President) $0 $0
Shwu Jen Wu (Vice President) $0 $0
Ritesh Gupta (Jt. Treasurer) $0 $0
Anjana Desai (Jt. Treasurer) $0 $0
Bala Goenka (Secretary) $0 $0
Swatantra Jain (Member) $0 $0
Jugal Malani (Member) $0 $0
Raj Banga (Member) $0 $0
Shail Banda (Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$68,299
Expenses
$48,146
Net Income
$20,153
Net Assets
$155,548
Notable Sources of Revenue Percent of Total Revenue
Contributions $68,265
100.0%
Program Services $0
Investment Income $34
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $275,548
Total Liabilities $120,000
Net Assets $155,548

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$66,827
Expenses
$19,895
Net Income
$46,932
Net Assets
$135,395
Notable Sources of Revenue Percent of Total Revenue
Contributions $66,767
99.9%
Program Services $0
Investment Income $60
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $295,395
Total Liabilities $160,000
Net Assets $135,395

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$90,205
Expenses
$1,801
Net Income
$88,404
Net Assets
$88,403
Notable Sources of Revenue Percent of Total Revenue
Contributions $90,198
100.0%
Program Services $0
Investment Income $7
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $249,403
Total Liabilities $161,000
Net Assets $88,403

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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