Center For Pranic Healing Inc

Center For Pranic Healing Inc shows consistent growth but reported a deficit in its latest fiscal year with a significant increase in liabilities.

EIN: 133769271 · Lyndhurst, NJ · NTEE: E91Z · Updated: 2026-03-28

$1.8MRevenue

$3.4MAssets

75/100Mission Score (Good)

E91Z

About Center For Pranic Healing Inc

Center For Pranic Healing Inc (EIN: 133769271) is a nonprofit organization based in Lyndhurst, NJ, classified under NTEE code E91Z. The organization reported total revenue of $1.8M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Center For Pranic Healing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Center For Pranic Healing Inc demonstrates a generally stable financial position with consistent revenue growth over the past decade, increasing from $790,425 in 2014 to $1,651,694 in 2023. The organization's assets have also steadily grown, reaching $3,365,553 in 2023, indicating good financial stewardship. However, the latest filing (202303) shows expenses ($1,743,019) exceeding revenue ($1,651,694), resulting in a deficit for that period, which warrants monitoring. Prior years generally showed healthy surpluses.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the organization consistently reports 0% officer compensation, which is a positive indicator of efficient use of funds at the executive level. The significant increase in liabilities from $18,282 in 2022 to $777,000 in 2023 is a notable change that requires further investigation to understand its nature and impact on financial health.

Transparency appears to be strong given the consistent filing of IRS 990 forms. The absence of officer compensation is a significant positive for transparency and public trust. The organization's consistent asset growth suggests a focus on building long-term capacity. The recent increase in liabilities, however, could be a point of concern if not adequately explained in the full filing.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Center For Pranic Healing Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 75%
fundraising: 10%

According to IRS 990 filings, Center For Pranic Healing Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly unusual for an organization of this size and revenue.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Center For Pranic Healing Inc's IRS 990 filings:

Significant increase in liabilities from $18,282 in 2022 to $777,000 in 2023.
Expenses exceeded revenue in the latest fiscal year (202303), leading to a deficit.
Consistent reporting of 0% officer compensation, which is highly unusual for an organization of this size and could indicate a lack of transparency in executive compensation structure.

Strengths

The following positive indicators were identified for Center For Pranic Healing Inc:

Consistent revenue growth over the past decade, from $790,425 in 2014 to $1,651,694 in 2023.
Steady growth in assets, reaching $3,365,553 in 2023, indicating financial stability and capacity building.
Generally healthy surpluses in most years prior to 2023, demonstrating effective financial management.
Consistent filing of IRS 990 forms, indicating good compliance and transparency.

Frequently Asked Questions about Center For Pranic Healing Inc

What caused the significant increase in liabilities from $18,282 in 2022 to $777,000 in 2023?

The IRS 990 filing for 202303 shows a substantial jump in liabilities, which could be due to new debt, deferred revenue, or other obligations. A review of the full 990 form, specifically Part X (Balance Sheet) and Schedule D, would be necessary to understand the nature of these liabilities.

Why did expenses exceed revenue in the 2023 fiscal year?

In the 202303 period, expenses ($1,743,019) surpassed revenue ($1,651,694), resulting in a deficit. This could be due to increased program activities, one-time expenditures, or a temporary dip in donations. Further analysis of the expense breakdown in the full 990 would clarify this.

How does the organization sustain operations with 0% reported officer compensation?

The consistent reporting of 0% officer compensation suggests that key leadership roles may be filled by volunteers, or compensation is structured in a way that is not reported in this specific line item (e.g., through a related organization, or as general salaries if not considered 'officer'). This is an unusual practice for an organization with over $1.6 million in annual revenue.

Filing History

IRS 990 filing history for Center For Pranic Healing Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Center For Pranic Healing Inc's revenue has grown by 93.9%, moving from $852K to $1.7M. Total assets increased by 110.9% over the same period, from $1.6M to $3.4M. Total functional expenses rose by 101.7%, from $864K to $1.7M. In its most recent filing year (2023), Center For Pranic Healing Inc reported a deficit of $91K, with expenses exceeding revenue. The organization holds $777 in liabilities against $3.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.7M	$1.7M	$3.4M	$777	—	View 990
2022	$1.6M	$1.1M	$3.5M	$18K	—	View 990
2021	$1.2M	$875K	$2.9M	$1K	—	View 990
2020	$1.2M	$891K	$2.6M	$13K	—	View 990
2019	$1.3M	$934K	$2.4M	$62K	—	View 990
2018	$1.2M	$986K	$2.2M	$147K	—	View 990
2017	$956K	$751K	$2.1M	$241K	—	View 990
2016	$906K	$760K	$2.0M	$319K	—	View 990
2015	$855K	$739K	$1.9M	$352K	—	View 990
2014	$790K	$734K	$1.8M	$372K	—	View 990
2013	$979K	$859K	$1.8M	$401K	—	View 990
2012	$857K	$772K	$1.7M	$444K	—	View 990
2011	$852K	$864K	$1.6M	$418K	—	—

Year-by-Year Financial Summary

2023: Revenue of $1.7M, expenses of $1.7M, and assets of $3.4M (revenue +0.3% year-over-year).
2022: Revenue of $1.6M, expenses of $1.1M, and assets of $3.5M (revenue +41.3% year-over-year).
2021: Revenue of $1.2M, expenses of $875K, and assets of $2.9M (revenue -0.7% year-over-year).
2020: Revenue of $1.2M, expenses of $891K, and assets of $2.6M (revenue -11.3% year-over-year).
2019: Revenue of $1.3M, expenses of $934K, and assets of $2.4M (revenue +12.2% year-over-year).
2018: Revenue of $1.2M, expenses of $986K, and assets of $2.2M (revenue +23.4% year-over-year).
2017: Revenue of $956K, expenses of $751K, and assets of $2.1M (revenue +5.6% year-over-year).
2016: Revenue of $906K, expenses of $760K, and assets of $2.0M (revenue +5.9% year-over-year).
2015: Revenue of $855K, expenses of $739K, and assets of $1.9M (revenue +8.2% year-over-year).
2014: Revenue of $790K, expenses of $734K, and assets of $1.8M (revenue -19.2% year-over-year).
2013: Revenue of $979K, expenses of $859K, and assets of $1.8M (revenue +14.3% year-over-year).
2012: Revenue of $857K, expenses of $772K, and assets of $1.7M (revenue +0.6% year-over-year).
2011: Revenue of $852K, expenses of $864K, and assets of $1.6M.

Data Sources and Methodology

This transparency report for Center For Pranic Healing Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.