2024-11-14T10:37:08-08:00 2023-12-31 202747426 RICH AND BANDER LLP 79 Madison Avenue 2nd Floor New York NY 10016 990 2023-01-01 133351906 BKS IYENGAR YOGA ASSOCIATION OF GREATER NEW YORK INC BKSI 2126919642 150 West 22nd Street 2nd Floor NEW YORK NY 10011 SHARIB KHAN INTERIM EXECUTIVE DIRECTOR 2126919642 2024-11-14 true true JONATHAN A BANDER P00561220 2126842470 2024-11-14 X 2023 2024-10-15 13:58:12Z X SHARIB KHAN 227 WEST 13TH STREET 2ND FLOOR NEW YORK NY 10011 1325893 false X WWW.IYENGARNYC.ORG X 1987 NY SEE ATTACHMENT TO SCHEDULE O 9 8 15 10 0 0 246250 190502 924349 1085518 31 18005 36884 31672 1207514 1325697 0 0 414303 391656 0 38217 748897 851027 1163200 1242683 44314 83014 1267762 1271818 662886 583928 604876 687890 X SEE SCHEDULE O false false 1065904 0 1085518 CORE CURRICULUM - SEE ATTACHMENT TO SCHEDULE O 1065904 true true false false false false false false false false true false false true true true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 38 0 true 15 true false false false false false true true false false false false X 9 8 false false false false true true true true true false false true true true true true true true true false NY X ORGANIZATION 2126919642 150 WEST 22ND STREET 2ND FLOOR NEW YORK NY 10011 RONALD GROENENDYK EXECUTIVE DIRECTOR 40.00 X X 78192 0 8444 SHARIB KHAN PRESIDENT 5.00 X X 0 0 0 SCOTT EVANS VICE PRESIDENT 5.00 X X 0 0 0 PEGGY WALLACE TREASURER 2.00 X X 0 0 0 ANEESH DESHPANDE SECRETARY 2.00 X X 0 0 0 ANNA IACUSSI BOARD MEMBER 2.00 X 0 0 0 RON BOZMAN BOARD MEMBER 2.00 X 0 0 0 STEPHANIE PERRY-BUSH BOARD MEMBER 2.00 X 0 0 0 VIRGINIA SCHUBERT BOARD MEMBER 2.00 X 0 0 0 78192 0 8444 false false false 55012 67421 68069 190502 CLASSES AND EDUCATION FEES 611710 1085518 0 0 1085518 18005 0 18005 2920 67421 196 2724 0 2724 10669 10669 10669 MISCELLANEOUS INCOME 900099 18279 0 0 18279 18279 1325697 1085518 0 49677 82000 57400 16400 8200 243188 203233 29052 10903 37871 30353 5293 2225 28597 22920 3997 1680 9736 0 9736 0 586694 562588 23317 789 5108 0 5108 0 9041 989 8052 0 17100 6566 10534 0 147541 118253 20621 8667 4983 3994 696 293 8957 7179 1252 526 OTHER EXPENSES 4253 0 0 4253 BANK AND MERCHANT FEES 40148 39775 373 0 UTILITIES 2475 1984 346 145 TELEPHONE 3429 2749 479 201 11562 7921 3306 335 1242683 1065904 138562 38217 747065 851163 16220 24574 2133 10724 46298 32785 18496 13513 483848 371844 1267762 1271818 39232 41360 133807 166724 489847 375844 662886 583928 X 604876 687890 604876 687890 1267762 1271818 83014 X false true X true false X 0 0 280919 220180 370057 246250 190502 1307908 1646928 1280612 927837 924349 1085518 5865244 0 0 1927847 1500792 1297894 1170599 1276020 7173152 6800 15000 10000 1000 32800 0 6800 15000 10000 1000 32800 7140352 90 1792 37 31 18005 19955 90 1792 37 31 18005 19955 7193107 0.99270 0.99550 0.00280 0.00030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 17800 6526 11274 28498 26259 2239 13513 RIGHT-OF-USE ASSETS 351844 SECURITY DEPOSITS 20000 371844 LEASE LIABILITIES 375844 375844 X 1325697 1325697 1325697 1242683 1242683 1242683 Pt X, Line 2 THE ASSOCIATION HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023, THE ASSOCIATION DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. YOGATHON 70341 67421 2920 63 133 70341 67421 2920 63 133 196 2724 Other Part III, Line 1 - IYAGNYs mission is to inspire and enable progressive lifelong learning in the art, science, and philosophy of Iyengar Yoga; to develop, nurture and offer teaching of the highest standards; and to build and support a community of practitioners within the three-state region of our charter. On March 13, 2020, as a result of the COVID-19 pandemic, IYAGNY was forced to close the Institute of New York, and pause programming at the Institute of Brooklyn until September 2021. In order to fulfill the programmatic portion of its mission, IYAGNY pivoted to a blend of in person and online platform starting 2021. Other Part III, Line 4a - Core Curriculum The Iyengar method develops strength, endurance, and optimal body alignment. The sequenced teaching methodology strengthens weak body parts and helps stiff areas release. The use of props such as blankets, blocks, bolsters, and straps to adjust yoga postures to individual needs makes Iyengar Yoga particularly accessible to people with specific physical limitations and to an older, often less physically flexible, population. The Association provides: Qualified and rigorously trained instructors committed to excellence in teaching A comprehensive pedagogical structure distinguished by a safe, systematic progression of yoga postures that develops each students ability and skill from class to class Sequencing in each class that develops strength, flexibility, stamina, concentration and body alignment Individual attention by teachers trained to use precise language and demonstration to adjust postures in relation to students abilities including, as necessary, those with physical problems Integration of yoga philosophy with the practice of physical postures, including ways to use yoga to ease stress. The pedagogical structure of the Iyengar Yoga Institutes of New York and Brooklyn, operated by the Iyengar Yoga Association of Greater New York, comprises four terms of study each year. Since March 23, 2020, the Institutes offer over 60 regularly scheduled classes each week, both online and in-person (as of September 2021). In addition to these classes offered at progressive Levels I/Beginners, General/All Levels, Level 3 & Up, Level 4, current study opportunities include: Introductory Classes and Series; Restorative yoga classes; Pranayama (breath awareness/regulation) classes; Yoga Philosophy Study Groups; Gentle classes; and Breast Cancer survivors. Pt VI, Line 6 In accordance with the Associations Bylaws, the Association is open to membership by any individual subscribing to the Associations mission and paying the membership dues prescribed from time to time by the Associations Board of Directors and otherwise abiding by the applicable rules of the Association. Pt VI, Line 7a In accordance with the Associations Bylaws, each individual Member in good standing of the Association may vote for the election of individuals to the Board of Directors of the Association at any meeting of the Members of the Association duly called for that purpose at which a quorum is established. Pt VI, Line 7b Decisions of the Associations Board of Directors are subject to approval of the Members only to the extent required by applicable law or the Associations Bylaws. Pt VI, Line 11b A draft of the 2022 Form 990 was provided to the President and Treasurer of the Associations Board of Directors for his review. The President and Treasurer circulated the draft to the other Directors and invited them to ask questions and raise any concerns they might have with respect to any aspect of the Form. Following the opportunity for review and questions, the current Board unanimously approved the Form and authorized its execution and filing. Pt VI, Line 12c Each of the Associations directors, officers and key employees is provided with the Associations Conflict of Interest Statement. This Statement sets forth, among other things: (i) the guidelines governing conflict of interest transactions, including a reference to Article 7 of the Associations Bylaws, which sets out the Associations conflict of interest policy (all such persons also receive a copy of the Associations Bylaws); and (ii) procedures for addressing potential conflicts. The Conflict of Interest Statement requires each such person to affirm, among other things: (i) he or she has received a copy of the Associations conflict of interest policy as set out in the Associations Bylaws; (ii) he or she has read and understood such policy; and (iii) he or she agrees to comply with such policy. The Association monitors compliance with its conflict of interest policy through its regular review of all transactions entered into by or on behalf of the Association. Any questions or concerns are referred to the ad hoc Governance Committee of the Board, a majority of which are independent directors of the Association. Pt VI, Line 15a The compensation of the Executive Director, Assistant Director, and Association Director, employee positions, was set by the Executive Committee of the Board, and approved by the Board of Directors as part of the 2022 operating budget. The Executive Director and Association Director, who are ex-officio members of the Board did not participate in the discussion of the Executive Committee during the compensation-setting process. The compensation level for these individuals was determined based upon: (1) a review of comparable salaries paid to similarly qualified persons in functionally comparable positions at similarly situated organizations; and (2) a performance review conducted by or under the direction of the Executive Committee and approved by the Board. The officers of the Association serve pro bono and receive no compensation. The Association has no key employees as defined for purposes of this Form 990. Pt VI, Line 15b The compensation of the Executive Director, Assistant Director and Association Director, employee positions, was set by the Executive Committee of the Board, and approved by the Board of Directors as part of the 2022 operating budget. The Executive Director and Association Director, who are ex-officio members of the Board did not participate in the discussion of the Executive Committee during the compensation-setting process. The compensation level for these individuals was determined based upon: (1) a review of comparable salaries paid to similarly qualified persons in functionally comparable positions at similarly situated organizations; and (2) a performance review conducted by or under the direction of the Executive Committee and approved by the Board. The officers of the Association serve pro bono and receive no compensation. The Association has no key employees as defined for purposes of this Form 990. Pt VI, Line 19 The Association makes its governing documents, conflict of interest policy and financial statements available to the public upon request. Pt III, Line 3 On March 13, 2020, as a result of the COVID-19 pandemic, IYAGNY was forced to close the Institute of New York, and pause in-person programming at the Institute of Brooklyn until September 2021. In order to fulfill the programmatic portion of its mission, IYAGNY pivoted to a blend of in person and online platform starting 2021, which continues to this day. Form 990, Part IX, Line 11g TEACHER FEES 551326. 551326. 0. 0. Form 990, Part IX, Line 11g Payroll service fees 13428. 10762. 1877. 789. Form 990, Part IX, Line 11g CONSULTING AND OTHER FEES 21940. 500. 21440. 0.