Jaya Kula 2015 Annual Report Chills, Thrills, Spills and Shoveling

Jaya Kula 2015 Annual Report
Chills, Thrills, Spills and Shoveling Snow
Dear Mandala and Friends Everywhere,
Here is the view from my bedroom window in Maine toward the end of January 2015.
Funnily enough, the time stamp is four years to the day when we incorporated in
Oregon.
Three big changes dominated our landscape in 2015. Jaya Kula got its official 501(c)3
designation. We started running Jaya Kula as a game called Cruocracy. And we
moved into Matrika House, our very first commercial rental space.
Making these changes has been a lot of work! Sort of like shoveling snow, with a
healthy dose of excitement and fear thrown in. But our hard work and courage has
paid off. Today, after the chills, thrills and spills of 2015, our community is energized,
cohesive and more focused than ever before.
We also feel more confident. Many students learned afresh that when you follow
wisdom, even when it asks you to take risks, the result is always greater relaxation,
clarity and energy.
2016 brings in the energy of the fire monkey - a whole year of playful improvisation.
And guess what? We are ready!
Thanks to each and every one of you for not only coming along for the ride, but helping
to energize and steer the course.
Jai Guru!
Jai Playfulness!
Love,
Shambhavi
Jaya Kula 2015 Highlights
January
•
•
Shambhavi starts the year on retreat.
The Board of Directors begins working on our 501(c)3 application. Yeah, with all
of the attachments, it ends up being 45 pages long. So just imagine us working
on it like forever. . . Because that’s how it feels to us!
February
•
•
Shambhavi’s February PDX trip gathers together the largest Tantra Foundations
ever. More than 30 people participate.
The Board keeps working on our 501(c)3 application.
March
•
•
•
•
March 3: We start using Slack! (Our online global communications platform)
Shambhavi teaches a Jyotish series for the first time. A lot of people on both
coasts attend.
As part of our 501(c)3 application process, we reincorporate in Maine.
Our 501(c)3 application. . . It’s. Still. Happening.
April
•
April 21: 501(c)3 application submitted to IRS!! Ta da!!
May (BIG MONTH)
•
May 11th: Cruocracy bombshell dropped on unsuspecting Mandala. Thrills,
chills and spills ensue. Cruocracy becomes the game of the land – organizing
and energizing all of the collaborations among students running Jaya Kula. For
the historical record, here is the related Asana task. Check.
•
May 21: Our 501(c)3 is approved by the IRS in record time. We are now
officially a tax exempt, non-profit church.
June
•
•
•
•
Sometime in the beginning of June, a disgruntled neighbor complains about
Jaya Kula to the South Portland, Maine zoning office. We are ordered to stop
holding teachings at Kashi House! YIKES!
We shift into high gear and find our new home and very first commercial rental
space in the historic district in Portland, Maine.
Shambhavi names our new space Matrika House.
Oh - and a lot of sevites are busy getting ready for moving by July 1.
JULY
•
•
•
•
July 5: Teachings begin at Matrika House.
July 29 - August 2: We hold our annual Meditation Retreat and Guru Purnima
festival at Merrill House in Andover, Maine.
At the retreat, we welcome new initiates Bhanudas, Charandas, Ambhojini,
Bhadrakali, Kailashi and Viresha.
Students throw a Bollywood dance party for Shambhavi’s birthday and give her
a lovely rose petal mala.
2015 retreat Bollywood dance finale!
August
•
•
•
A bunch of new, younger donors make 3-year pledges to the Trident Fund. Yay
for up-and-coming young folk!
49 members of our Mandala are participating in Milk Ghee Ojas, our monthly
donation program.
Combined, these donations now make up about half of our annual budget. So
heartwarming.
September
•
•
•
September 13: Shambhavi holds the final Tandava, a monthly sadhana intensive
that had been going strong since June 2013.
September 25: Swami Gurusharanananda and Prajna Hallstrom play kirtan at
Matrika House.
September 27: We hold our Official Grand Opening Party for Matrika House.
Chillin’ at the Matrika Grand Opening Party!
October
•
October 9: Bonnie Cohen passes into the bardos of death. We learn about green
burials and do a lot of mantra for our beloved sister.
•
October 17: 18 Shambhavi offers a new, two-day teaching on the ten wisdom
goddesses or Mahavidyas.
November
•
November 29: Jaya Kula day-to-day operations became fully bi-coastal.
Shambhavi archives the Crucible West and East channels on Slack. Viva la
Andas!
December Season Finale Cliffhanger
•
•
December 2: Shambhavi shocks
the West Coast! Energy is
unleashed! Teachings will no longer be held primarily at Kailash House. Many
heartfelt thanks are offered to Anna and Jules for opening their home to us for
the past two years.
Stay-tuned for the 2016 Annual Report to find out what happens next! (Or just
live it.)
EARTH ALLIANCE (PDX) PEEPS HOST THE TEACHINGS!
Jaya Kula
Annual Financial Report
Income and Expenses Statement
2015
2015
INCOME
Teachings and Retreats Donations
Milk, Ghee, Ojas and Mini-Milk Donations
Trident Fund Donations
General Charitable Donations
Sales of Product Income
Misc Income
Lakshmi's Cupboard (Discounts for Students Attending Teachings
above and beyond low-income discounts)
TOTAL INCOME
EXPENSES
Teaching Expenses (Rent, Shambhavi's Salary, Retreat Food and
Lodging, and Ritual, Teaching and Live-stream Supplies)
Administrative Costs (Legal, Taxes, Insurance and Office Supplies)
One-time Expense: 501(c)3 Application
Promotional
Cost of Products Sold
Charitable Donations and Lakshmi's Cupboard (Contributions to
Students' Health and Welfare)
Fundraising
TOTAL EXPENSES
NET INCOME
$57,109
$34,708
$26,850
$5,634
$3,340
$298
-$1,690
2015
Percent
45%
27%
21%
4%
3%
0%
$126,249
$90,535
79%
$6,654
$4,400
$6,688
$3,682
$1,788
6%
4%
6%
3%
2%
$258
$114,005
0%
$12,243
Jaya Kula
Statement of Financial Position
As of December 31, 2015
2015
2014
ASSETS
Chase Checking Account
General Operating Funds
Lakshmi's Cupboard*
Trident Fund*
Sub-Total Chase Checking $
2,544.63
2,544.63
20,899.76
707.75
15,538.82
$37,146.33
Bangor Checking Account
General Operating Funds
Lakshmi's Cupboard*
Trident Fund*
Sub-Total Bangor Checking $
19,158.63
1,760.44
23,612.57
44,531.64
1,085.50
1,085.50
Chase Reserve Account
Bangor Reserve Account
Paypal
People's Choice Savings Account
TOTAL ASSETS
$
13,600.37
988.99
5.00
$61,670.63
9,590.87
803.68
5.00
$48,631.38
LIABILITIES AND EQUITY
LIABILITIES
Credit Card Balance
TOTAL LIABILITIES $
1,886.77
1,886.77
1,090.81
$1,090.81
$
3,304.82
44,235.75
12,243.29
59,783.86
3,304.82
25,239.14
18,996.61
$47,540.57
TOTAL LIABILITIES AND EQUITY $
61,670.63
$48,631.38
EQUITY
Opening Balance Equity
Previous Years' Net Income
2015 Net Income
TOTAL EQUITY
*Funds restricted by donor or by action of the Jaya Kula Board of Directors.