Liabilities / Assets
70th percentile
Higher debt load relative to assets than 70% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.02x
Liabilities / Revenue
87th percentile
Higher debt load relative to revenue than 87% of similar nonprofits.
Net Margin
4th percentile
Higher net margin than 4% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
24th percentile
Faster asset growth than 24% of similar nonprofits.
Revenue Growth
5th percentile
Faster revenue growth than 5% of similar nonprofits.
Balance Sheet
Assets
Down$137,671
Down $31,358 (-19%) from 2022
Net Assets
Down$135,094
Down $31,535 (-19%) from 2022
Liabilities
Up$2,577
Up $177 (+7.4%) from 2022
Revenue And Expenses
Revenue
Down$13,793
Down $52,176 (-79%) from 2022
Expenses
Up$45,328
Up $2,841 (+6.7%) from 2022
Net Income
Down-$31,535
Down $55,017 (-234%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Nov 14, 2024
- Return Version
- 2023v5.1
- Gross Receipts
- $13,793
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
| Description | Grants | Expenses |
|---|---|---|
| WE CREATE CUSTOM CAP WIGS AT NO COST FOR WOMEN AND CHILDREN FIGHTING CANCER AND DEALING WITH THE EMOTIONAL SIDE EFFECT OF HAIR LOSS. | - | $45,328 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SHAMA VERMA | Director | PT | $0 | - | - |
| NATASHA VERMA | Director | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Verma Foundation
- EIN
- 26-1083048
- Phone
- 3615508572
- Address
- 303 CAMINO ARBOLAGO, LAKEWAY, TX 78734
Signing Officer
- Name
- Shama Verma
- Title
- Director
- Signed
- 2024-11-14
- 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.1
“GENERAL $22359”
Other Expenses.2
“MERCHANDISE $8035”
Other Expenses.3
“FREIGHT $2053”
Other Expenses.4
“EVENT $1381”
Other Expenses.5
“OTHER DEDUCTIONS $256”
Other Expenses.6
“BANK FEES $40”
Other Expenses.7
“Refund, reimbursement $29”
Other Assets.1011
“Prepaid Expenses and Deferred Charges - Beginning $2319 Prepaid Expenses and Deferred Charges - Ending $0”
Total Liabilities.1008
“Unsecured Notes and Loans Payable - Beginning $2400 Unsecured Notes and Loans Payable - Ending $2400”
Total Liabilities.1
“credit card - Beginning $0 credit card - Ending $177”
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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | SHAMA VERMA |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3615508572 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 303 CAMINO ARBOLAGO |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | LAKEWAY |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 78734 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 166710 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 137671 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 13356 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -31535 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 11175 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 169029 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 137671 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 13793 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 437 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 166629 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 135094 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 166629 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 135094 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | SHAMA VERMA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | NATASHA VERMA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 2319 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 34153 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | WE 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/ProgramServiceExpensesAmt | 0 | 45328 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 2400 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 2577 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 45328 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 45328 |
| IRS990EZ/TotalRevenueAmt | 0 | 13793 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 13171 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 65967 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 117594 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 33418 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 129559 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 359709 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 2 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 10 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 11 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 23 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 2 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 10 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 11 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 23 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00010 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1000 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 1000 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99720 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99790 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 359709 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 13171 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 65967 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 117594 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 33418 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 129559 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 359709 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 13171 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 65969 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 117604 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 34429 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 129559 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 360732 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | GENERAL $22359 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | MERCHANDISE $8035 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | FREIGHT $2053 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | EVENT $1381 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | OTHER DEDUCTIONS $256 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | BANK FEES $40 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | REFUND, REIMBURSEMENT $29 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Prepaid Expenses and Deferred Charges - Beginning $2319 Prepaid Expenses and Deferred Charges - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Unsecured Notes and Loans Payable - Beginning $2400 Unsecured Notes and Loans Payable - Ending $2400 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | credit card - Beginning $0 credit card - Ending $177 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.7 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Assets.1011 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Total Liabilities.1008 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Total Liabilities.1 |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SHAMA VERMA |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Director |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | VERMA FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | VERM |
| ReturnHeader/Filer/EIN | 0 | 261083048 |
| ReturnHeader/Filer/PhoneNum | 0 | 3615508572 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 303 CAMINO ARBOLAGO |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LAKEWAY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 78734 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 741194944 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Bumgardner Morrison & Company LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1501 E Mockingbird Ln STE 300 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Victoria |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 77903 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3615750271 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CHRISTOPHER E KREJCI CPA |
| ReturnHeader/ReturnTs | 0 | 2024-11-14T14:32:39-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $137,671
- Liabilities
- $2,577
- Net assets
- $135,094
- Revenue
- $13,793
- Expenses
- $45,328
- Net income
- -$31,535