Civic Intelligence

Karmapa Foundation

EIN 20-8670119 • 501(c)3 • Seattle, WA

Pub. 78 Eligible990-N Coverage

Profile

Karmapa Foundation's mission is to Alleviating Suffering, Educating in Sciences of Mind and Philosophies of Life, Protecting the Environment, Preserving Distinctive Artistic and Cultural Traditions, Supporting Educational and Cultural Activities and Publishing.

3902 Woodland Park Ave NorthSeattle, WA 98103

www.karmapafoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

2.81x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

97th percentile

2.02x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

87th percentile

42%

Higher net margin than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

94th percentile

137%

Faster asset growth than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

96th percentile

229%

Faster revenue growth than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$17,811

Up $10,309 (+137%) from 2020

Liabilities

Flat

$50,000

Flat from 2020

Net Assets

Up

-$32,189

Up $10,309 (+24%) from 2020

Revenue

Up

$24,723

Up $17,207 (+229%) from 2020

Expenses

Up

$14,414

Up $6,531 (+83%) from 2020

Net Income

Up

$10,309

Up $10,676 (+2909%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0-$500KAssets 2010: $1,087,342Liabilities 2010: $0Net Assets 2010: $1,087,3422010Assets 2011: $943,943Liabilities 2011: $0Net Assets 2011: $943,9432011Assets 2012: $763,916Liabilities 2012: $0Net Assets 2012: $763,9162012Assets 2013: $755,673Liabilities 2013: $0Net Assets 2013: $755,6732013Assets 2014: $714,780Liabilities 2014: $0Net Assets 2014: $714,7802014Assets 2015: $66,081Liabilities 2015: $46,200Net Assets 2015: $19,8812015Assets 2016: $70,114Liabilities 2016: $45,000Net Assets 2016: $25,1142016Assets 2017: $9,635Liabilities 2017: $50,000Net Assets 2017: -$40,3652017Assets 2018: $8,806Liabilities 2018: $50,000Net Assets 2018: -$41,1942018Assets 2019: $7,869Liabilities 2019: $50,000Net Assets 2019: -$42,1312019Assets 2020: $7,502Liabilities 2020: $50,000Net Assets 2020: -$42,4982020Assets 2021: $17,811Liabilities 2021: $50,000Net Assets 2021: -$32,1892021

Highlighted filing

2021

Assets$17,811
Liabilities$50,000
Net Assets-$32,189

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2010: $246,1722010Expenses 2011: $342,2472011Revenue 2012: $13,308Expenses 2012: $193,148Net Income 2012: -$179,8402012Revenue 2013: $5,089Expenses 2013: $13,332Net Income 2013: -$8,2432013Revenue 2014: $30,078Expenses 2014: $70,971Net Income 2014: -$40,8932014Revenue 2015: $742,745Expenses 2015: $1,443,010Net Income 2015: -$700,2652015Revenue 2016: $14,968Expenses 2016: $9,735Net Income 2016: $5,2332016Revenue 2017: $415,839Expenses 2017: $481,318Net Income 2017: -$65,4792017Revenue 2018: $17,287Expenses 2018: $18,116Net Income 2018: -$8292018Revenue 2019: $6,867Expenses 2019: $7,804Net Income 2019: -$9372019Revenue 2020: $7,516Expenses 2020: $7,883Net Income 2020: -$3672020Revenue 2021: $24,723Expenses 2021: $14,414Net Income 2021: $10,3092021

Highlighted filing

2021

Revenue$24,723
Expenses$14,414
Net Income$10,309

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 2, 2022
Return Version
2021v4.2
Gross Receipts
$24,723
Mission and Program Overview

Mission

Karmapa Foundation's mission is to Alleviating Suffering, Educating in Sciences of Mind and Philosophies of Life, Protecting the Environment, Preserving Distinctive Artistic and Cultural Traditions, Supporting Educational and Cultural Activities and Publishing.

Educate, protect, and preserve.

Program Services

DescriptionGrantsExpenses
KARMAPA FOUNDATION'S MISSION IS TO ALLEVIATE SUFFERING, EDUCATE IN SCIENCES OF MIND AND PHILOSOPHIES OF LIFE, PROTECT THE ENVIRONMENT, PRESERVE DISTINCTIVE ARTISTIC$0$14,414
AND CULTURAL TRADITIONS, SUPPORT EDUCATIONAL AND CULTURAL ACTIVITIES AND PUBLISHING.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICKY ARNAEPresidentPT$0--
MARTIN MARVETSecretaryPT$0--
DEKI CHUNGYALPABoard Member-$0--
ELSIE WALKERBoard Member-$0--
CARLOS FERREYROSBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Karmapa Foundation
EIN
20-8670119
Phone
2063568511
Address
3902 WOODLAND PARK AVE NORTH, SEATTLE, WA 98103

Signing Officer

Name
Martin Marvet
Title
Secretary
Phone
2063568511
Signed
2022-11-02
Discuss with paid preparer
Yes

Preparer

Firm
Jacobson Jarvis & Co Pllc
Address
200 FIRST AVE WEST SUITE 200, SEATTLE, WA 98119-4219
Preparer
Howard Donkin CPA
Phone
2066288990
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: office expenses. Amount: 489. Description: information technology. Amount: 2,423. Description: travel. Amount: 159. Total to form 990-ez, line 16: 3,071.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: deferred revenue. Beg. Of year amount: 50,000. End of year amount: 50,000.

Raw XML Appendix165 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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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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