Civic Intelligence

Advaita Fellowship

990 • Fiscal year 2024 • EIN 33-0301894

Jan 01, 2024 to Dec 31, 2024 • Filed on Jun 17, 2025

PO Box 3479Redondo Beach, CA 90277

(310) 376-9636

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.18x

Higher debt load relative to assets than 83% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.03x

Higher debt load relative to revenue than 73% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

50th percentile

3.2%

Higher net margin than 50% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

31st percentile

-12%

Faster asset growth than 31% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

82nd percentile

47%

Faster revenue growth than 82% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$31,629

Down $4,175 (-12%) from 2023

Net Assets

Up

$26,018

Up $4,200 (+19%) from 2023

Liabilities

Down

$5,611

Down $8,375 (-60%) from 2023

Revenue

Up

$212,890

Up $68,167 (+47%) from 2023

Expenses

Up

$206,170

Up $57,168 (+38%) from 2023

Net Income

Up

$6,720

Up $10,999 (+257%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2010: $86,301Liabilities 2010: $15,780Net Assets 2010: $70,5212010Assets 2011: $64,269Liabilities 2011: $10,380Net Assets 2011: $53,8892011Assets 2012: $81,190Liabilities 2012: $10,827Net Assets 2012: $70,3632012Assets 2013: $105,739Liabilities 2013: $9,056Net Assets 2013: $96,6832013Assets 2014: $75,170Liabilities 2014: $8,614Net Assets 2014: $66,5562014Assets 2015: $51,290Liabilities 2015: $11,006Net Assets 2015: $40,2842015Assets 2016: $56,275Liabilities 2016: $4,775Net Assets 2016: $51,5002016Assets 2017: $58,406Liabilities 2017: $5,693Net Assets 2017: $52,7132017Assets 2018: $35,012Liabilities 2018: $8,179Net Assets 2018: $26,8332018Assets 2019: $46,893Liabilities 2019: $5,366Net Assets 2019: $41,5272019Assets 2020: $48,955Liabilities 2020: $3,825Net Assets 2020: $45,1302020Assets 2021: $56,689Liabilities 2021: $15,672Net Assets 2021: $41,0172021Assets 2022: $33,903Liabilities 2022: $7,806Net Assets 2022: $26,0972022Assets 2023: $35,804Liabilities 2023: $13,986Net Assets 2023: $21,8182023Assets 2024: $31,629Liabilities 2024: $5,611Net Assets 2024: $26,0182024

Highlighted filing

2024

Assets$31,629
Liabilities$5,611
Net Assets$26,018

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2010: $143,486Expenses 2010: $150,165Net Income 2010: -$6,6792010Revenue 2011: $157,394Expenses 2011: $174,026Net Income 2011: -$16,6322011Expenses 2012: $208,8192012Revenue 2013: $226,134Expenses 2013: $199,814Net Income 2013: $26,3202013Revenue 2014: $150,608Expenses 2014: $180,735Net Income 2014: -$30,1272014Revenue 2015: $147,238Expenses 2015: $173,510Net Income 2015: -$26,2722015Revenue 2016: $185,336Expenses 2016: $174,120Net Income 2016: $11,2162016Revenue 2017: $158,739Expenses 2017: $157,526Net Income 2017: $1,2132017Revenue 2018: $144,610Expenses 2018: $170,490Net Income 2018: -$25,8802018Revenue 2019: $174,579Expenses 2019: $159,885Net Income 2019: $14,6942019Revenue 2020: $124,218Expenses 2020: $120,615Net Income 2020: $3,6032020Revenue 2021: $141,466Expenses 2021: $145,579Net Income 2021: -$4,1132021Revenue 2022: $158,419Expenses 2022: $174,822Net Income 2022: -$16,4032022Revenue 2023: $144,723Expenses 2023: $149,002Net Income 2023: -$4,2792023Revenue 2024: $212,890Expenses 2024: $206,170Net Income 2024: $6,7202024

Highlighted filing

2024

Revenue$212,890
Expenses$206,170
Net Income$6,720
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 17, 2025
Return Version
2024v5.0
Gross Receipts
$213,413
Mission and Program Overview

Mission

Offer the Teachings of Advaita, via book publications, monthly newsletters, Zoom satsangs, web presence, Mp3s, Mp4s, and seminars, to all those who seek to end human suffering.

Provide the Teachings of Advaita, via book publications, monthly newsletters, active web presence, audio & video downloads, Zoom Satsangs, and seminars, to all those who seek an end to human suffering.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$11,873$14,243▲ $2,370
Inventories for Sale or Use$17,422$10,662▼ $6,760
Land, Buildings, and Equipment, Net$25,872$5,209▼ $20,663
Other Notes and Loans Receivable, Net$5,109$0▼ $5,109
Accounts Receivable$2,303$2,403▲ $100
Prepaid Expenses and Deferred Charges$0$986▲ $986
Pledges and Grants Receivable$594$0▼ $594
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$63,173$31,629▼ $31,544
Other Assets Total$0$-1,874▼ $1,874
Liabilities
Unsecured Notes Loans Payable$0$4,247▲ $4,247
Other Liabilities$0$982▲ $982
Accounts Payable and Accrued Expenses$13,986$382▼ $13,604
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$13,986$5,611▼ $8,375
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$49,187$26,018▼ $23,169
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$49,187$26,018▼ $23,169
Total Liabilities and Net Assets / Fund Balance$63,173$31,629▼ $31,544

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$609$29,411-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steven HoelPresident
Mallory ShimadaTreasurer/Sectretary
Revenue and Support

Revenue Composition

Contributions and Grants
$205,435
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$7,455
All Other Contributions
$205,435
Change in Net Assets
$6,720
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$195,300
Salaries, Compensation, and Employee Benefits$10,870
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$97,386--$97,386
Occupancy-$56,834-$56,834
Insurance-$19,750-$19,750
Office Expenses-$18,566-$18,566
Other Salaries and Wages-$9,199-$9,199
Advertising-$2,064-$2,064
Payroll Taxes-$1,671-$1,671
Fees for Services Accounting-$700-$700
Total Functional Expenses$97,386$108,784$0$206,170
International Activity

International Summary

Offices
0
Employees
0
Spending
$0

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
No
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

Part VI, Line 19

Available upon request

Part VI, Line 1A

Steven Hoel, President Mallory Shimada, Treasurer/Sectretary

Part VI, Line 8B

Annual Meeting held August 21, 2024 at 927B 6th Street, Hermosa Beach, California. Both Steven Hoel and Mallory Shimada were in attendance.

Filing and Contact Details

Filer

Filer Name
Advaita Fellowship
EIN
33-0301894
Phone
3103769636
Address
PO Box 3479, Redondo Beach, CA 90277

Signing Officer

Name
Steven Hoel
Title
President
Phone
3103769636
Signed
2025-06-17

Organization Details

Principal Officer
Steven Hoel
Formed
1988
Legal Domicile
CA
Voting Board Members
2
Independent Board Members
2
Employees
1
Volunteers
3
Supplemental Narrative

Additional Explanations

Part V, Line 3B

Organization did not have unrelated business income.

Part X, Line 15

The negative balance reported in Line 15, Other Assets, reflects the net result of prior-period transactions in accounts such as Uncategorized Asset, Loans Receivable, and a minor offsetting receivables adjustment. These entries relate to closed accounting periods and cannot be reclassified without reopening the books, which would affect prior reconciliations. The organization has reviewed these balances and confirmed that they do not represent unresolved liabilities, unrecorded income or expenses, or material errors. The classification issues will be corrected in the current fiscal year to ensure appropriate categorization moving forward. There is no impact on net assets or financial position, and all related activity has been accounted for appropriately.

Raw XML Appendix395 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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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt083966
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/SupportedOrganizationsCnt00
IRS990ScheduleA/SupportedOrganizationsTotalCnt00
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0213413
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt0213413
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0213413
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0213413
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0609
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt029411
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt030020
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0609
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt00
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt00
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Organization did not have unrelated business income.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Available upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Steven Hoel, President Mallory Shimada, Treasurer/Sectretary
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Annual Meeting held August 21, 2024 at 927B 6th Street, Hermosa Beach, California. Both Steven Hoel and Mallory Shimada were in attendance.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The negative balance reported in Line 15, Other Assets, reflects the net result of prior-period transactions in accounts such as Uncategorized Asset, Loans Receivable, and a minor offsetting receivables adjustment. These entries relate to closed accounting periods and cannot be reclassified without reopening the books, which would affect prior reconciliations. The organization has reviewed these balances and confirmed that they do not represent unresolved liabilities, unrecorded income or expenses, or material errors. The classification issues will be corrected in the current fiscal year to ensure appropriate categorization moving forward. There is no impact on net assets or financial position, and all related activity has been accounted for appropriately.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 3b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI, Line 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part X, Line 15
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt063173
IRS990/TotalAssetsEOYAmt031629
IRS990/TotalAssetsGrp/BOYAmt063173
IRS990/TotalAssetsGrp/EOYAmt031629
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0205435
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0108784
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt097386
IRS990/TotalFunctionalExpensesGrp/TotalAmt0206170
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013986
IRS990/TotalLiabilitiesEOYAmt05611
IRS990/TotalLiabilitiesGrp/BOYAmt013986
IRS990/TotalLiabilitiesGrp/EOYAmt05611
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt049187
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt026018
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0203305
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0212890
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt063173
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt031629
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt097386
IRS990/TravelGrp/TotalAmt097386
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt04247
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt015720 La Salle Ave
IRS990/USAddress/AddressLine2Txt0Apt B
IRS990/USAddress/CityNm0Gardena
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090247
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0https://www.advaita.org
IRS990/WhistleblowerPolicyInd0false
ReasonableCauseExplanation/ExplanationTxt0Our organization's accounting firm was sold. We are self-filing taxes with the use of online software via the IRS recommendation list for non-profit filings. Due to this change, more time is needed to complete the taxes.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Steven Hoel
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum03103769636
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ADVAITA FELLOWSHIP
ReturnHeader/Filer/BusinessNameControlTxt0ADVA
ReturnHeader/Filer/EIN0330301894
ReturnHeader/Filer/PhoneNum03103769636
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 3479
ReturnHeader/Filer/USAddress/CityNm0Redondo Beach
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090277
ReturnHeader/ReturnTs02025-06-17T19:24:22Z
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.32$0.06$0.26$2.13$2.06$0.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.36$0.14$0.22$1.45$1.49$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.34$0.08$0.26$1.58$1.75$0.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.16$0.41$1.41$1.46$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.04$0.45$1.24$1.21$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.05$0.42$1.75$1.60$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.08$0.27$1.45$1.70$0.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.06$0.53$1.59$1.58$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.56$0.05$0.52$1.85$1.74$0.11
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.11$0.40$1.47$1.74$0.26
2014Detailed filing. Detailed filing data is available for this year.$0.75$0.09$0.67$1.51$1.81$0.30
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.09$0.97$2.26$2.00$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.11$0.70$2.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.10$0.54$1.57$1.74$0.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.16$0.71$1.43$1.50$0.07