Tag Archives: audit

Audited Financial Statements by Bob Nogue, SVA Board Treasurer

bob

Bob Nogue

Our annual audit is complete!  Early on, the Board of Directors of Svaroopa® Vidya Ashram made a commitment to maintain transparency about our finances.  An important step in accomplishing this is the independent audit, which we have done annually since SVA was established.  This provides assurance from an independent source that financial statements accurately represent our financial position and that we are following legal and ethical principles in our operations.  Click here for our detailed financial statements through December 31, 2012.

You will be heartened by the surplus our activities have been generating, ensuring that SVA is becominghealthy from a financial perspective.  This contributed to our ability to consolidate with Master Yoga in 2013.  We recognize that SVA’s financial health is thanks to your generosity as well as the paid programs that you attend, plus the immense value of sevites’ support (including our own Swami).  In addition, careful stewardship by Swami, our staff, sevites and Board of Directors is an important building block.

After you have reviewed the financial statements, if you have any questions, please do not hesitate to contact me.