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

68th percentile

0.02x

Higher debt load relative to assets than 68% of similar nonprofits.

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

Liabilities / Revenue

74th percentile

0.03x

Higher debt load relative to revenue than 74% 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

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 2024

Asset Growth

64th percentile

6.7%

Faster asset growth than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

78th percentile

30%

Faster revenue growth than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets68th 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 / Revenue74th 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 Growth64th 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 Growth78th 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 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.

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 Pay84th 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.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0AUSTIN
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IRS990EZ/InvestmentIncomeAmt02278
IRS990EZ/LobbyingActivitiesInd0false
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IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0135094
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IRS990EZ/OccupancyRentUtltsAndMaintAmt05040
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt05593
IRS990EZ/OtherExpensesTotalAmt051550
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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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
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IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt06781
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt06321
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt06781
IRS990ScheduleA/InvestmentIncomeCYPct00.01980
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01000
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97730
IRS990ScheduleA/PublicSupportPY509Pct00.99720
IRS990ScheduleA/PublicSupportTotal509Amt0334788
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt034429
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0342569
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Depreciation $1398
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EVENT $24958
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GENERAL $10792
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MERCHANDISE $8492
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER DEDUCTIONS $416
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BANK FEES $155
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Miscellaneous - Beginning $0 Miscellaneous - Ending $5593
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHAMA VERMA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-11
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ReturnHeader/Filer/BusinessNameControlTxt0VERM
ReturnHeader/Filer/EIN0261083048
ReturnHeader/Filer/PhoneNum03615508572
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078767
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0741194944
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
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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

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