Financial
Living Yoga takes the appropriate measures to ensure the highest quality of efficiency and effectiveness for our organization.
- We strive to maintain human and financial resources to ensure we can continue to provide services and remain fiscally viable.
- We are fiscally responsible by making intentional decisions based on well-developed plans and careful consideration.
- We work to secure appropriate funding in alignment with our mission and with deep respect to our constituents.
- We continue to diversify our revenue streams by increasing private funding through individuals, corporations, foundations, and events.
Based on our total cash-operating budget, for each class we teach, Living Yoga needs to raise approximately $156.25 (more than 830 classes/year). Last year, we taught more than 10,000 student hours of yoga—which means an approximate cost of $13/student. Currently, we offer our programs to more than thirteen program sites and hold more than sixteen classes/week (Aug. 2009).
| Profit and Loss Standard | |
|---|---|
| January-December 2008 | |
| INCOME | |
| Grants | $2400.00 |
| Contributions | $19,613.00 |
| Events | $83,909.05 |
| Other Income | $1807.26 |
| TOTAL | $107,729.31 |
| In-Kind Contribution Value | $83,890.00 |
| TOTAL | $191,619.31 |
| EXPENSE | |
| Program | $50,988.21 |
| Fundraising | $34,411.16 |
| General and Administrative | $19,704.41 |
| TOTAL | $105,103.78 |
| In-Kind Contribution/Distribution Expense | $83,890.00 |
| TOTAL | $188,993.78 |
| NET INCOME | $2625.53 |
