Civic Intelligence

Verma Foundation

EIN 26-1083048 • 501(c)3 • Austin, TX

Profile

Dedicated to improving the quality of life for people who are facing adversity. We creat custom cap wigs at no cost for women and children fighting cancer and dealing with the emotionl side effect of hair loss. We believe every patient going through cancer treatment deserves access to a quality wig in which she can feel beautiful and confident in.

PO Box 126Austin, TX 78767

n/A

Siviq Scores

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

Liabilities / Assets

69th percentile

0.02x

Higher debt load relative to assets than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

89th percentile

49%

Higher net margin than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

84th percentile

40%

Faster asset growth than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

98th percentile

704%

Faster revenue growth than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$192,462

Up $54,791 (+40%) from 2023

Liabilities

Up

$2,999

Up $422 (+16%) from 2023

Net Assets

Up

$189,463

Up $54,369 (+40%) from 2023

Operations
Liabilities / Revenue75th percentileNet Margin89th percentile

Revenue

Up

$110,959

Up $97,166 (+704%) from 2023

Expenses

Up

$56,590

Up $11,262 (+25%) from 2023

Net Income

Up

$54,369

Up $85,904 (+272%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth84th percentile

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

$200K$150K$100K$50K$0Assets 2016: $0Net Assets 2016: $02016Assets 2017: $0Net Assets 2017: $02017Assets 2018: $69,591Liabilities 2018: $2,400Net Assets 2018: $67,1912018Assets 2019: $124,932Liabilities 2019: $2,400Net Assets 2019: $122,5322019Assets 2020: $93,156Liabilities 2020: $2,400Net Assets 2020: $90,7562020Assets 2021: $145,547Liabilities 2021: $2,400Net Assets 2021: $143,1472021Assets 2022: $169,029Liabilities 2022: $2,400Net Assets 2022: $166,6292022Assets 2023: $137,671Liabilities 2023: $2,577Net Assets 2023: $135,0942023Assets 2024: $192,462Liabilities 2024: $2,999Net Assets 2024: $189,4632024

Highlighted filing

2024

Assets$192,462
Liabilities$2,999
Net Assets$189,463
Open 2024 Filing

Operations Trend

Revenue Growth98th percentile

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

$150K$100K$50K$0-$50KRevenue 2016: $02016Revenue 2017: $02017Revenue 2018: $132,409Expenses 2018: $65,218Net Income 2018: $67,1912018Revenue 2019: $129,559Expenses 2019: $74,218Net Income 2019: $55,3412019Revenue 2020: $34,429Expenses 2020: $66,205Net Income 2020: -$31,7762020Revenue 2021: $117,604Expenses 2021: $65,213Net Income 2021: $52,3912021Revenue 2022: $65,969Expenses 2022: $42,487Net Income 2022: $23,4822022Revenue 2023: $13,793Expenses 2023: $45,328Net Income 2023: -$31,5352023Revenue 2024: $110,959Expenses 2024: $56,590Net Income 2024: $54,3692024

Highlighted filing

2024

Revenue$110,959
Expenses$56,590
Net Income$54,369
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$192,462
Liabilities
$2,999
Net assets
$189,463
Revenue
$110,959
Expenses
$56,590
Net income
$54,369
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.92$0.03$1.89$1.11$0.57$0.54
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.38$0.03$1.35$0.14$0.45$0.32
2022Detailed filing. Detailed filing data is available for this year.$1.69$0.02$1.67$0.66$0.42$0.23
2021Detailed filing. Detailed filing data is available for this year.$1.46$0.02$1.43$1.18$0.65$0.52
2020Detailed filing. Detailed filing data is available for this year.$0.93$0.02$0.91$0.34$0.66$0.32
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.25$0.02$1.23$1.30$0.74$0.55
2018Detailed filing. Detailed filing data is available for this year.$0.70$0.02$0.67$1.32$0.65$0.67
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.2
Gross Receipts
$130,213
Mission and Program Overview

Mission

Dedicated to improving the quality of life for people who are facing adversity. We create custom cap wigs at no cost for women and children fighting cancer and dealing with the emotional side effect of hair loss. We believe every patient going through cancer treatment deserves access to a quality wig in which she can feel beautiful and confident in.

Program Services

DescriptionGrantsExpenses
WE CREATE CUSTOM CAP WIGS AT NO COST FOR WOMEN AND CHILDREN FIGHTING CANCER AND DEALING WITH THE EMOTIONAL SIDE EFFECT OF HAIR LOSS.-$56,590
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHAMA VERMADirectorPT$0--
NATASHA VERMADirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Verma Foundation
EIN
26-1083048
Phone
3615508572
Address
PO BOX 126, AUSTIN, TX 78767

Signing Officer

Name
Shama Verma
Title
Director
Signed
2025-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Bumgardner Morrison & Company LLP
Address
1501 E Mockingbird Ln STE 300, Victoria, TX 77903
Preparer
Christopher E Krejci CPA
Phone
3615750271
Supplemental Narrative

Additional Explanations

Other Expenses.1009

“Depreciation $1398”

Other Expenses.1

“EVENT $24958”

Other Expenses.2

“GENERAL $10792”

Other Expenses.3

“MERCHANDISE $8492”

Other Expenses.4

“TRANSPORTATION $5178”

Other Expenses.5

“OTHER DEDUCTIONS $416”

Other Expenses.6

“MEALS $161”

Other Expenses.7

“BANK FEES $155”

Other Assets.1004

“Miscellaneous - Beginning $0 Miscellaneous - Ending $5593”

Total Liabilities.1008

“Unsecured Notes and Loans Payable - Beginning $2400 Unsecured Notes and Loans Payable - Ending $2400”

Total Liabilities.1

“credit card - Beginning $177 credit card - Ending $599”

Raw XML Appendix175 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0SHAMA VERMA
IRS990EZ/BooksInCareOfDetail/PhoneNum03615508572
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 126
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0AUSTIN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd078767
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0137671
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0186869
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0104638
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt019254
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt054369
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0137671
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0192462
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt04043
IRS990EZ/GrossReceiptsAmt0130213
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt02278
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0135094
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0189463
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0135094
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0189463
IRS990EZ/OccupancyRentUtltsAndMaintAmt05040
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SHAMA VERMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1NATASHA VERMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt05593
IRS990EZ/OtherExpensesTotalAmt051550
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0DEDICATED TO IMPROVING THE QUALITY OF LIFE FOR PEOPLE WHO ARE FACING ADVERSITY. WE CREATE CUSTOM CAP WIGS AT NO COST FOR WOMEN AND CHILDREN FIGHTING CANCER AND DEALING WITH THE EMOTIONAL SIDE EFFECT OF HAIR LOSS. WE BELIEVE EVERY PATIENT GOING THROUGH CANCER TREATMENT DESERVES ACCESS TO A QUALITY WIG IN WHICH SHE CAN FEEL BEAUTIFUL AND CONFIDENT IN.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WE CREATE CUSTOM CAP WIGS AT NO COST FOR WOMEN AND CHILDREN FIGHTING CANCER AND DEALING WITH THE EMOTIONAL SIDE EFFECT OF HAIR LOSS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt056590
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt023297
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02577
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02999
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt056590
IRS990EZ/TotalProgramServiceExpensesAmt056590
IRS990EZ/TotalRevenueAmt0110959
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0104638
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt013171
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt065967
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0117594
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt033418
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0334788
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt06321
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0437
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt06781
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt06321
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0437
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt011
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt06781
IRS990ScheduleA/InvestmentIncomeCYPct00.01980
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01000
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01000
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97730
IRS990ScheduleA/PublicSupportPY509Pct00.99720
IRS990ScheduleA/PublicSupportTotal509Amt0334788
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0104638
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt013171
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt065967
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0117594
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt033418
IRS990ScheduleA/Total509Grp/TotalAmt0334788
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0110959
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt013608
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt065969
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0117604
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt034429
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0342569
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Depreciation $1398
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EVENT $24958
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GENERAL $10792
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MERCHANDISE $8492
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TRANSPORTATION $5178
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER DEDUCTIONS $416
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MEALS $161
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BANK FEES $155
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Miscellaneous - Beginning $0 Miscellaneous - Ending $5593
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Unsecured Notes and Loans Payable - Beginning $2400 Unsecured Notes and Loans Payable - Ending $2400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10credit card - Beginning $177 credit card - Ending $599
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Assets.1004
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Total Liabilities.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Total Liabilities.1
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHAMA VERMA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VERMA FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0VERM
ReturnHeader/Filer/EIN0261083048
ReturnHeader/Filer/PhoneNum03615508572
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 126
ReturnHeader/Filer/USAddress/CityNm0AUSTIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078767
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0741194944
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Bumgardner Morrison & Company LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01501 E Mockingbird Ln STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Victoria
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077903
ReturnHeader/PreparerPersonGrp/PhoneNum03615750271
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTOPHER E KREJCI CPA
ReturnHeader/ReturnTs02025-11-11T14:55:37-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits