Civic Intelligence

Shree Maharishi Bhrigu Ashram

EIN 26-0402876 • 501(c)3 • Lake Forest, CA

Profile

Shree maharishi bhrigu ashram has been guiding many on the path of meditation and spirituality. At the ashram, 1.regular meditation sessions have been taking place and will continue to take place. 2.regular spiritual discourses on meditation & yoga are given to benefit the community. 3.shree maharishi bhrigu ashram is now doing business as (dba) bhrigu meditation center located in lake forest california. Group meditations are regularly performed that help calm the mind and improve people's lives. This is projected to increase more in the coming years so that it can benefit the community tremendously. 4.regular programs that initiate folks into the meditative practice throughout usa from time to time. This has begun to happen more than occasionally now and its pace is expected to increase in the coming years. 5.intellectual property owned by the ashram in the form of a book 'rashis in light of kriya yoga' (mixes yoga with vedic astrology) is now available for purchase throughout the wor

26242 Dimension Drive Suite 250Lake Forest, CA 92630

www.bhriguashram.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

3rd percentile

-122%

Higher net margin than 3% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

21st percentile

-6.7%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

1st percentile

-95%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$4,712,307

Down $338,143 (-6.7%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Down

$4,712,307

Down $338,143 (-6.7%) from 2021

Revenue

Down

$227,337

Down $4,754,553 (-95%) from 2021

Expenses

Up

$504,953

Up $372,313 (+281%) from 2021

Net Income

Down

-$277,616

Down $5,126,866 (-106%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2014: $36,857Liabilities 2014: $0Net Assets 2014: $36,8572014Assets 2015: $63,790Liabilities 2015: $0Net Assets 2015: $63,7902015Assets 2016: $58,161Liabilities 2016: $0Net Assets 2016: $58,1612016Assets 2017: $87,184Liabilities 2017: $0Net Assets 2017: $87,1842017Assets 2018: $74,688Liabilities 2018: $0Net Assets 2018: $74,6882018Assets 2019: $82,822Liabilities 2019: $0Net Assets 2019: $82,8222019Assets 2020: $141,834Liabilities 2020: $0Net Assets 2020: $141,8342020Assets 2021: $5,050,450Liabilities 2021: $0Net Assets 2021: $5,050,4502021Assets 2022: $4,712,307Liabilities 2022: $0Net Assets 2022: $4,712,3072022

Highlighted filing

2022

Assets$4,712,307
Liabilities$0
Net Assets$4,712,307

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $42,044Expenses 2014: $30,140Net Income 2014: $11,9042014Revenue 2015: $78,234Expenses 2015: $51,301Net Income 2015: $26,9332015Revenue 2016: $26,853Expenses 2016: $32,482Net Income 2016: -$5,6292016Revenue 2017: $58,844Expenses 2017: $29,821Net Income 2017: $29,0232017Revenue 2018: $33,273Expenses 2018: $45,769Net Income 2018: -$12,4962018Revenue 2019: $40,841Expenses 2019: $32,707Net Income 2019: $8,1342019Revenue 2020: $87,384Expenses 2020: $32,088Net Income 2020: $55,2962020Revenue 2021: $4,981,890Expenses 2021: $132,640Net Income 2021: $4,849,2502021Revenue 2022: $227,337Expenses 2022: $504,953Net Income 2022: -$277,6162022

Highlighted filing

2022

Revenue$227,337
Expenses$504,953
Net Income-$277,616

Filings

Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 16, 2021
Return Version
2020v4.1
Gross Receipts
$87,384
Mission and Program Overview

Mission

Shree Maharishi Bhrigu Ashram has been guiding many on the path of meditation and spirituality through the regular discourses and meditation sessions at the ashram. (1) Regular meditation sessions have been taking place and will continue to take place. (2) Regular spiritual discourses on meditation, yoga, and ancient hindu vedic scriptures are given to benefit the community. (3) Shree Maharishi Bhrigu Ashram is located at Trabuco Canyon, California. Group meditations are regularly performed to help calm the mind, improve health, and overall improve the lives of many. The number of sessions are projected to increase more in the coming years that will benefit the community tremendously. (4) Divine programs that initiate folks into the meditative practice throughout USA and abroad takes place on a regular basis. This is expected to increase a lot in the coming years. (5) intellectual property owned by the Ashram in the form of a book "rashis in light of kriya yoga" (mixes yoga with vedic

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$82,822$141,834▲ $59,012
Cash and Non-Interest-Bearing Accounts$24,002$86,452▲ $62,450
Land, Buildings, and Equipment, Net$34,505$34,505→ $0
Investments in Publicly Traded Securities$24,315$20,877▼ $3,438
Total Assets$82,822$141,834▲ $59,012
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$82,822$141,834▲ $59,012
Total Liabilities and Net Assets / Fund Balance$82,822$141,834▲ $59,012

Asset Categories

AssetBook ValueDepreciationBasis
Land$34,505-$34,505
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$48,110
Program Service Revenue
$0
Investment Income
$39,274
Other Revenue
$0
All Other Contributions
$34,558
Change in Net Assets
$55,296
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$32,088
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy-$13,910-$13,910
Other Expenses$13,136$2,723-$2,723
Fees for Services Accounting-$950-$950
Insurance-$769-$769
Total Functional Expenses$13,136$18,952$0$32,088
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The president reviews the form 990 thoroughly to assure that it is accurate.

Governing documents etc available to public Part VI line 19

The governing documents are available to public upon request

Filing and Contact Details

Filer

Filer Name
Shree Maharishi Bhrigu Ashram
EIN
26-0402876
Address
26242 DIMENSION DRIVE SUITE 250, LAKE FOREST, CA 92630

Signing Officer

Name
Sanjay Aggarwal
Title
President
Phone
7146159225
Signed
2021-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sanjay Aggarwal
Formed
2007
Legal Domicile
CA
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Ankit Consulting Services Inc
Address
30211 Ave de las Banderas Ste 200, Rch Sta Marg, CA 92688
Preparer
Ankit Jain
Phone
9496833034
Supplemental Narrative

Additional Explanations

General explanation attachment

Organizations mission shree maharishi bhrigu ashram has been guiding many on the path of meditation and spirituality. At the ashram,1.regular meditation sessions have been taking place and will continue to take place.2.regular spiritual discourses on meditation & yoga are given to benefit the community.3.shree maharishi bhrigu ashram is now doing business as (dba) bhrigu meditation center located in lake forest california. Group meditations are regularly performed that help calm the mind and improve peoples lives. This is projected to increase more in the coming years so that it can benefit the community tremendously.4.regular programs that initiate folks into the meditative practice throughout usa from time to time. This has begun to happen more than occasionally now and its pace is expected to increase in the coming years.5.intellectual property owned by the ashram in the form of a book rashisin light of kriya yoga (mixes yoga with vedic astrology) is now availablefor purchase throughout the world. The book has been authored by sh. Sanjayaggarwal.6.sh. Sanjay aggarwal is working on another book (yoga related) that is dueto be released later next year. More of his books are expected to bereleased in the coming years.7.sh. Sanjay aggarwal is invited regularly to give spiritual lecturesemphasizing on the meditative practice as the means to calm the mind andmake living and relationships more harmonious. He has given spirituallectures at many other locations in the usa.

Raw XML Appendix299 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT REVIEWS THE FORM 990 THOROUGHLY TO ASSURE THAT IT IS ACCURATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING DOCUMENTS ARE AVAILABLE TO PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATIONS MISSION SHREE MAHARISHI BHRIGU ASHRAM HAS BEEN GUIDING MANY ON THE PATH OF MEDITATION AND SPIRITUALITY. AT THE ASHRAM,1.REGULAR MEDITATION SESSIONS HAVE BEEN TAKING PLACE AND WILL CONTINUE TO TAKE PLACE.2.REGULAR SPIRITUAL DISCOURSES ON MEDITATION & YOGA ARE GIVEN TO BENEFIT THE COMMUNITY.3.SHREE MAHARISHI BHRIGU ASHRAM IS NOW DOING BUSINESS AS (DBA) BHRIGU MEDITATION CENTER LOCATED IN LAKE FOREST CALIFORNIA. GROUP MEDITATIONS ARE REGULARLY PERFORMED THAT HELP CALM THE MIND AND IMPROVE PEOPLES LIVES. THIS IS PROJECTED TO INCREASE MORE IN THE COMING YEARS SO THAT IT CAN BENEFIT THE COMMUNITY TREMENDOUSLY.4.REGULAR PROGRAMS THAT INITIATE FOLKS INTO THE MEDITATIVE PRACTICE THROUGHOUT USA FROM TIME TO TIME. THIS HAS BEGUN TO HAPPEN MORE THAN OCCASIONALLY NOW AND ITS PACE IS EXPECTED TO INCREASE IN THE COMING YEARS.5.INTELLECTUAL PROPERTY OWNED BY THE ASHRAM IN THE FORM OF A BOOK RASHISIN LIGHT OF KRIYA YOGA (MIXES YOGA WITH VEDIC ASTROLOGY) IS NOW AVAILABLEFOR PURCHASE THROUGHOUT THE WORLD. THE BOOK HAS BEEN AUTHORED BY SH. SANJAYAGGARWAL.6.SH. SANJAY AGGARWAL IS WORKING ON ANOTHER BOOK (YOGA RELATED) THAT IS DUETO BE RELEASED LATER NEXT YEAR. MORE OF HIS BOOKS ARE EXPECTED TO BERELEASED IN THE COMING YEARS.7.SH. SANJAY AGGARWAL IS INVITED REGULARLY TO GIVE SPIRITUAL LECTURESEMPHASIZING ON THE MEDITATIVE PRACTICE AS THE MEANS TO CALM THE MIND ANDMAKE LIVING AND RELATIONSHIPS MORE HARMONIOUS. HE HAS GIVEN SPIRITUALLECTURES AT MANY OTHER LOCATIONS IN THE USA.
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