Legacy Of Yogi Bhajan Foundation

Legacy Of Yogi Bhajan Foundation shows consistent asset growth and no officer compensation, despite fluctuating annual revenues.

EIN: 200418002 · Santa Cruz, NM · NTEE: X120 · Updated: 2026-03-28

$2.3MRevenue
$2.1MGross Revenue
$20.6MAssets
85/100Mission Score (Excellent)
X120
Legacy Of Yogi Bhajan Foundation Financial Summary
MetricValue
Total Revenue$2.3M
Total Expenses$2.7M
Program Spending80%
Net Assets$18.9M
Transparency Score85/100

Is Legacy Of Yogi Bhajan Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Legacy Of Yogi Bhajan Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Legacy Of Yogi Bhajan Foundation

Legacy Of Yogi Bhajan Foundation (EIN: 200418002) is a nonprofit organization based in Santa Cruz, NM, classified under NTEE code X120. The organization reported total revenue of $2.3M and total assets of $20.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Legacy Of Yogi Bhajan Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Legacy Of Yogi Bhajan Foundation is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$2.9M
Total Expenses$2.7M
Surplus / Deficit+$165K
Total Assets$21.3M
Total Liabilities$2.4M
Net Assets$18.9M
Operating Margin5.7%
Debt-to-Asset Ratio11.2%
Months of Reserves94.3 months

Financial Health Grade: A

In 2023, Legacy Of Yogi Bhajan Foundation reported a surplus of $165K with revenue exceeding expenses, holds 94.3 months of operating reserves (strong position), has a debt-to-asset ratio of 11.2% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Legacy Of Yogi Bhajan Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023+31.3%+17.8%+6.5%
2022+39.4%+0.7%+12.2%
2021-34.6%+37.0%-3.3%
2020+16.2%-5.9%+13.7%
2019-82.9%-1.1%+2.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Legacy Of Yogi Bhajan Foundation demonstrates a generally stable financial position, with assets consistently growing over the past decade, reaching $21,261,008 in 2023. Revenue has fluctuated, notably spiking to over $12 million in 2018 before returning to a range of $1.5 million to $2.8 million in recent years. The organization has maintained a healthy asset base relative to its annual expenses, indicating financial resilience. Spending efficiency appears reasonable, with expenses generally tracking revenue. For instance, in 2023, expenses were $2,705,823 against revenues of $2,870,599, showing a surplus. However, there were periods like 2021 and 2022 where expenses exceeded revenue, suggesting reliance on reserves or prior year surpluses. The consistent reporting of 0% officer compensation across all filings is a significant positive indicator for transparency and resource allocation directly to the mission, rather than executive salaries. Overall, the foundation appears to be managed prudently, with a strong asset base and a clear commitment to not compensating officers, which enhances its transparency profile. The growth in assets from $5.7 million in 2014 to over $21 million in 2023 is a testament to its financial management and ability to build reserves.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Legacy Of Yogi Bhajan Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Legacy Of Yogi Bhajan Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$2.9MTotal Revenue
$2.7MTotal Expenses
$21.3MTotal Assets
$2.4MTotal Liabilities
$18.9MNet Assets

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other forms of compensation are paid to its officers, which is a strong positive for resource allocation.

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 Legacy Of Yogi Bhajan Foundation's IRS 990 filings:

Strengths

The following positive indicators were identified for Legacy Of Yogi Bhajan Foundation:

Frequently Asked Questions about Legacy Of Yogi Bhajan Foundation

Is Legacy Of Yogi Bhajan Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Legacy Of Yogi Bhajan Foundation (EIN: 200418002) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

How does Legacy Of Yogi Bhajan Foundation spend its money?

Legacy Of Yogi Bhajan Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Legacy Of Yogi Bhajan Foundation tax-deductible?

Legacy Of Yogi Bhajan Foundation is registered as a tax-exempt nonprofit (EIN: 200418002). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Legacy Of Yogi Bhajan Foundation's spending goes to programs?

Legacy Of Yogi Bhajan Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Legacy Of Yogi Bhajan Foundation compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Legacy Of Yogi Bhajan Foundation is above average for NTEE category X120 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Legacy Of Yogi Bhajan Foundation located?

Legacy Of Yogi Bhajan Foundation is headquartered in Santa Cruz, New Mexico and files with the IRS under EIN 200418002. It is classified under NTEE code X120.

How many years of IRS 990 filings does Legacy Of Yogi Bhajan Foundation have?

Legacy Of Yogi Bhajan Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.3M in total revenue.

Is Legacy Of Yogi Bhajan Foundation financially stable?

Yes, the foundation appears financially stable, with assets growing from $5.7 million in 2014 to over $21 million in 2023, and a healthy asset-to-expense ratio.

Does the organization pay its executives?

No, the IRS 990 filings consistently report 0% officer compensation, indicating that no salaries are paid to its officers.

Has the organization experienced revenue volatility?

Yes, revenue has fluctuated, with a notable spike to over $12 million in 2018, but generally ranges between $1.5 million and $2.8 million in recent years.

Are the organization's expenses typically covered by its revenue?

Generally, yes, though there have been periods (e.g., 2021 and 2022) where expenses slightly exceeded revenue, suggesting reliance on accumulated reserves.

Filing History

IRS 990 filing history for Legacy Of Yogi Bhajan Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Legacy Of Yogi Bhajan Foundation's revenue has grown by 276.8%, moving from $762K to $2.9M. Total assets increased by 260.3% over the same period, from $5.9M to $21.3M. Total functional expenses rose by 198.1%, from $908K to $2.7M. In its most recent filing year (2023), Legacy Of Yogi Bhajan Foundation reported a surplus of $165K, with revenue exceeding expenses. The organization holds $2.4M in liabilities against $21.3M in assets (debt-to-asset ratio: 11.2%), resulting in net assets of $18.9M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.9M $2.7M $21.3M $2.4M View 990
2022 $2.2M $2.3M $20.0M $2.2M View 990
2021 $1.6M $2.3M $17.8M $2.0M View 990
2020 $2.4M $1.7M $18.4M $2.0M View 990
2019 $2.1M $1.8M $16.2M $39K View 990
2018 $12.0M $1.8M $15.8M $97K View 990
2017 $1.2M $1.2M $5.6M $14K View 990
2016 $1.1M $1.0M $5.6M $10K View 990
2015 $982K $1.0M $5.6M $100K View 990
2014 $954K $1.1M $5.7M $146K View 990
2013 $833K $966K $5.8M $75K View 990
2012 $904K $926K $5.9M $32K View 990
2011 $762K $908K $5.9M $17K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Legacy Of Yogi Bhajan Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Legacy Of Yogi Bhajan Foundation 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.

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