Civic Intelligence

Koginka Sewaluna Foundation Inc.

990 • Fiscal year 2017 • EIN 27-2919201

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

12 1/2 Wall Street Rm/Ste SAsheville, NC 28801

(828) 350-1717

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

7th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

7th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

92nd percentile

55%

Higher net margin than 92% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

67th percentile

9.8%

Faster asset growth than 67% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

2nd percentile

-77%

Faster revenue growth than 2% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$5,489,782

Up $488,192 (+9.8%) from 2016

Net Assets

Up

$5,489,782

Up $488,192 (+9.8%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$887,685

Down $3,038,655 (-77%) from 2016

Expenses

Down

$399,493

Down $110,882 (-22%) from 2016

Net Income

Down

$488,192

Down $2,927,773 (-86%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2014: $811,443Liabilities 2014: $5Net Assets 2014: $811,4382014Assets 2015: $1,585,625Liabilities 2015: $0Net Assets 2015: $1,585,6252015Assets 2016: $5,001,590Liabilities 2016: $0Net Assets 2016: $5,001,5902016Assets 2017: $5,489,782Liabilities 2017: $0Net Assets 2017: $5,489,7822017Assets 2018: $5,658,701Liabilities 2018: $0Net Assets 2018: $5,658,7012018Assets 2019: $5,806,926Liabilities 2019: $3,423Net Assets 2019: $5,803,5032019Assets 2020: $5,865,916Liabilities 2020: $17,785Net Assets 2020: $5,848,1312020Assets 2021: $6,341,028Liabilities 2021: $30,010Net Assets 2021: $6,311,0182021Assets 2022: $6,377,479Liabilities 2022: $0Net Assets 2022: $6,377,4792022Assets 2023: $6,858,566Liabilities 2023: $616,615Net Assets 2023: $6,241,9512023Assets 2024: $6,954,900Liabilities 2024: $345,000Net Assets 2024: $6,609,9002024

Highlighted filing

2017

Assets$5,489,782
Liabilities$0
Net Assets$5,489,782

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2014: $428,789Expenses 2014: $68,741Net Income 2014: $360,0482014Revenue 2015: $876,819Expenses 2015: $102,632Net Income 2015: $774,1872015Revenue 2016: $3,926,340Expenses 2016: $510,375Net Income 2016: $3,415,9652016Revenue 2017: $887,685Expenses 2017: $399,493Net Income 2017: $488,1922017Revenue 2018: $572,850Expenses 2018: $403,931Net Income 2018: $168,9192018Revenue 2019: $527,373Expenses 2019: $382,571Net Income 2019: $144,8022019Revenue 2020: $645,092Expenses 2020: $600,464Net Income 2020: $44,6282020Revenue 2021: $761,516Expenses 2021: $298,629Net Income 2021: $462,8872021Revenue 2022: $699,175Expenses 2022: $632,714Net Income 2022: $66,4612022Revenue 2023: $216,062Expenses 2023: $351,590Net Income 2023: -$135,5282023Revenue 2024: $829,717Expenses 2024: $461,768Net Income 2024: $367,9492024

Highlighted filing

2017

Revenue$887,685
Expenses$399,493
Net Income$488,192
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$1,300,913
Mission and Program Overview

Mission

The mission of the koginka sewaluna foundation, inc. Has been established to support, endorse and fulfill all activities and projects directed by koginka kamaru xue, for the benefit of all humanity and creation without discrimination of race, color, creed or tribe. To support the magnificent work of his ancestors the elder brother, the kogi, from the sacred land of the sierras in santa marta, columbia and to support their spiritual work which they hold sacred for the benefits of america and other places of the world. To assist in the preservation of their homeland for the survival of their culture as they have lived for thousands of years. To work in favor and support of all indigenous people globally. The koginka sewaluna foundation is not limited to the local regions within the united states. It will support indigenous cultures globally. As many countries that are aligned with the mission of the koginka sewaluna foundation, which will benefit the planet in the critical state it is in

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,257,469$5,019,141▲ $761,672
Intangible Assets-$15,078-
Cash and Non-Interest-Bearing Accounts$323,201$1,250▼ $321,951
Total Assets$5,001,590$5,489,782▲ $488,192
Other Assets Total$420,920$454,313▲ $33,393
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$5,001,590$5,489,782▲ $488,192
Total Net Assets Fund Balance$5,001,590$5,489,782▲ $488,192
Total Liabilities and Net Assets / Fund Balance$5,001,590$5,489,782▲ $488,192

Asset Categories

AssetBook ValueDepreciationBasis
Land$3,046,272-$3,046,272
Other Land Buildings$1,972,869$568,525$2,541,394
Other Assets Org$167,248--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Koginka Kamaru XuePresident
Theresa PanchuraSecretary
Beatriz SchmidtVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$925,733
Program Service Revenue
$0
Investment Income
$-38,048
Other Revenue
$0
All Other Contributions
$925,733
Change in Net Assets
$488,192

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Residential2$541,000Fair Market Value
Total Noncash Contributions2$541,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$399,493
Total Fundraising Expense$7,375
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$140,577--$140,577
All Other Expenses$33,724$2,908$278$36,910
Fees for Services Management$27,834--$27,834
Travel$14,061-$3,515$17,576
Other Expenses$11,579$21,521$2,895$14,474
Office Expenses$4,082$1,450$687$6,219
Conferences and Meetings$5,199--$5,199
Total Functional Expenses$366,239$25,879$7,375$399,493
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Koginka Sewaluna Foundation Inc
EIN
27-2919201
Phone
8283501717
Address
12 1/2 WALL STREET RM/STE S, ASHEVILLE, NC 28801

Signing Officer

Name
Beatriz Schmidt
Title
Vice President
Phone
8282804644
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Koginka Kamaru Xue
Formed
2010
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Wisneski Sears & Associates Pa
Address
810 SATURN STREET SUITE 30, JUPITER, FL 33477-4456
Preparer
Eric F Sleeper CPA
Phone
5617472772
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the koginka sewaluna foundation, inc. Has been established to support, endorse and fulfill all activities and projects directed by koginka kamaru xue, for the benefit of all humanity and creation without discrimination of race, color, creed or tribe. To support the magnificent work of his ancestors the elder brother, the kogi, from the sacred land of the sierras in santa marta, columbia and to support their spiritual work which they hold sacred for the benefits of america and other places of the world. To assist in the preservation of their homeland for the survival of their culture as they have lived for thousands of years. To work in favor and support of all indigenous people globally. The koginka sewaluna foundation is not limited to the local regions within the united states. It will support indigenous cultures globally. As many countries that are aligned with the mission of the koginka sewaluna foundation, which will benefit the planet in the critical state it is in at the present time. To actively support projects which will meet needs in the sierra, not limited to but including other countries. Theses projects are to support and bring financial help in: education, health, proper employment and industry, native and cultural industry, and native self support and maintenance. To actively support any other projects that will help these countries and regions to obtain conservation of a harmonious environment in the preservation of nature and righteous use of natural resources. The foundation will primarily work with ecology, preservation and conservation of the planet's fundamental balance, which is seriously compromised. Ecology, environmental education and preservation are a fundamental part of the work of the foundation and to support any work related to ecology, preservation and environmental issues. It is also our mission to use any resources, help, aide, money and elements of knowledge to fundamentally work in the preservation of nature, the critical balance of our planet and to work with those organizations who are committed to ecological, environmental preservation and conservation of the planet. To support with american citizens and people from around the world, the indigenous people globally, who are working and seriously concerned with the critical situation the planet is facing at the present time. Most of them are in agreement with the fact that the planet, due to unconscious and irresponsible abuse and the overconsumption of it's natural resources, is on the verge of a critical tipping point and possible extinction. To extend and preserve the teachings of koginka kamaru xue, in any form possible. To develop projects for humanitarian benefits that is sanctioned by him or the foundation. To train, prepare and educate students and practitioners in the holistic ancient wise ways of his ancestors and may different cultures to preserve these teachings and to have well trained and reliable holders and keepers of these important ways of living. Create training programs to prepare students in holistic wise ways. To develop schools in america and the andes, but not limited to these regions, for the sole purpose of carrying out the mission of the koginka sewaluna foundation, inc. To educate on the preservation of sacred sights in america, the andes and various other places in the world. To educate on the preservation of natural resources. To educate on the preservation of the planet in accordance with the ancient wise ways. To educate on the ancient cultures and their indigenous ancestors. To educate, through spiritual and holistic wise ways in the recovery and rehabilitation of the native americans in america, who have become addicted to drugs and alcohol. The last part of the mission statement is to raise money in a fair, impeccable way to support the projects. This must especially be money that is clean or coming from clean sources. We will scrutinize the source of the money and will not take money rando

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE KOGINKA SEWALUNA FOUNDATION, INC. HAS BEEN ESTABLISHED TO SUPPORT, ENDORSE AND FULFILL ALL ACTIVITIES AND PROJECTS DIRECTED BY KOGINKA KAMARU XUE, FOR THE BENEFIT OF ALL HUMANITY AND CREATION WITHOUT DISCRIMINATION OF RACE, COLOR, CREED OR TRIBE. TO SUPPORT THE MAGNIFICENT WORK OF HIS ANCESTORS THE ELDER BROTHER, THE KOGI, FROM THE SACRED LAND OF THE SIERRAS IN SANTA MARTA, COLUMBIA AND TO SUPPORT THEIR SPIRITUAL WORK WHICH THEY HOLD SACRED FOR THE BENEFITS OF AMERICA AND OTHER PLACES OF THE WORLD. TO ASSIST IN THE PRESERVATION OF THEIR HOMELAND FOR THE SURVIVAL OF THEIR CULTURE AS THEY HAVE LIVED FOR THOUSANDS OF YEARS. TO WORK IN FAVOR AND SUPPORT OF ALL INDIGENOUS PEOPLE GLOBALLY. THE KOGINKA SEWALUNA FOUNDATION IS NOT LIMITED TO THE LOCAL REGIONS WITHIN THE UNITED STATES. IT WILL SUPPORT INDIGENOUS CULTURES GLOBALLY. AS MANY COUNTRIES THAT ARE ALIGNED WITH THE MISSION OF THE KOGINKA SEWALUNA FOUNDATION, WHICH WILL BENEFIT THE PLANET IN THE CRITICAL STATE IT IS IN AT THE PRESENT TIME. TO ACTIVELY SUPPORT PROJECTS WHICH WILL MEET NEEDS IN THE SIERRA, NOT LIMITED TO BUT INCLUDING OTHER COUNTRIES. THESES PROJECTS ARE TO SUPPORT AND BRING FINANCIAL HELP IN: EDUCATION, HEALTH, PROPER EMPLOYMENT AND INDUSTRY, NATIVE AND CULTURAL INDUSTRY, AND NATIVE SELF SUPPORT AND MAINTENANCE. TO ACTIVELY SUPPORT ANY OTHER PROJECTS THAT WILL HELP THESE COUNTRIES AND REGIONS TO OBTAIN CONSERVATION OF A HARMONIOUS ENVIRONMENT IN THE PRESERVATION OF NATURE AND RIGHTEOUS USE OF NATURAL RESOURCES. THE FOUNDATION WILL PRIMARILY WORK WITH ECOLOGY, PRESERVATION AND CONSERVATION OF THE PLANET'S FUNDAMENTAL BALANCE, WHICH IS SERIOUSLY COMPROMISED. ECOLOGY, ENVIRONMENTAL EDUCATION AND PRESERVATION ARE A FUNDAMENTAL PART OF THE WORK OF THE FOUNDATION AND TO SUPPORT ANY WORK RELATED TO ECOLOGY, PRESERVATION AND ENVIRONMENTAL ISSUES. IT IS ALSO OUR MISSION TO USE ANY RESOURCES, HELP, AIDE, MONEY AND ELEMENTS OF KNOWLEDGE TO FUNDAMENTALLY WORK IN THE PRESERVATION OF NATURE, THE CRITICAL BALANCE OF OUR PLANET AND TO WORK WITH THOSE ORGANIZATIONS WHO ARE COMMITTED TO ECOLOGICAL, ENVIRONMENTAL PRESERVATION AND CONSERVATION OF THE PLANET. TO SUPPORT WITH AMERICAN CITIZENS AND PEOPLE FROM AROUND THE WORLD, THE INDIGENOUS PEOPLE GLOBALLY, WHO ARE WORKING AND SERIOUSLY CONCERNED WITH THE CRITICAL SITUATION THE PLANET IS FACING AT THE PRESENT TIME. MOST OF THEM ARE IN AGREEMENT WITH THE FACT THAT THE PLANET, DUE TO UNCONSCIOUS AND IRRESPONSIBLE ABUSE AND THE OVERCONSUMPTION OF IT'S NATURAL RESOURCES, IS ON THE VERGE OF A CRITICAL TIPPING POINT AND POSSIBLE EXTINCTION. TO EXTEND AND PRESERVE THE TEACHINGS OF KOGINKA KAMARU XUE, IN ANY FORM POSSIBLE. TO DEVELOP PROJECTS FOR HUMANITARIAN BENEFITS THAT IS SANCTIONED BY HIM OR THE FOUNDATION. TO TRAIN, PREPARE AND EDUCATE STUDENTS AND PRACTITIONERS IN THE HOLISTIC ANCIENT WISE WAYS OF HIS ANCESTORS AND MAY DIFFERENT CULTURES TO PRESERVE THESE TEACHINGS AND TO HAVE WELL TRAINED AND RELIABLE HOLDERS AND KEEPERS OF THESE IMPORTANT WAYS OF LIVING. CREATE TRAINING PROGRAMS TO PREPARE STUDENTS IN HOLISTIC WISE WAYS. TO DEVELOP SCHOOLS IN AMERICA AND THE ANDES, BUT NOT LIMITED TO THESE REGIONS, FOR THE SOLE PURPOSE OF CARRYING OUT THE MISSION OF THE KOGINKA SEWALUNA FOUNDATION, INC. TO EDUCATE ON THE PRESERVATION OF SACRED SIGHTS IN AMERICA, THE ANDES AND VARIOUS OTHER PLACES IN THE WORLD. TO EDUCATE ON THE PRESERVATION OF NATURAL RESOURCES. TO EDUCATE ON THE PRESERVATION OF THE PLANET IN ACCORDANCE WITH THE ANCIENT WISE WAYS. TO EDUCATE ON THE ANCIENT CULTURES AND THEIR INDIGENOUS ANCESTORS. TO EDUCATE, THROUGH SPIRITUAL AND HOLISTIC WISE WAYS IN THE RECOVERY AND REHABILITATION OF THE NATIVE AMERICANS IN AMERICA, WHO HAVE BECOME ADDICTED TO DRUGS AND ALCOHOL. THE LAST PART OF THE MISSION STATEMENT IS TO RAISE MONEY IN A FAIR, IMPECCABLE WAY TO SUPPORT THE PROJECTS. THIS MUST ESPECIALLY BE MONEY THAT IS CLEAN OR COMING FROM CLEAN SOURCES. WE WILL SCRUTINIZE THE SOURCE OF THE MONEY AND WILL NOT TAKE MONEY RANDO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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