Civic Intelligence

Karam Foundation Nfp

990 • Fiscal year 2020 • EIN 37-1548241

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

Organization Profilekaramfoundation.org

View Organization Page

PO Box 230 Northgate 742Lake Forest, IL 60045

(224) 544-9411

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.03x

Higher debt load relative to assets than 33% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

28th percentile

0.03x

Higher debt load relative to revenue than 28% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

56th percentile

8.5%

Higher net margin than 56% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

61st percentile

$82,333

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

54th percentile

7.4%

Faster asset growth than 54% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

13th percentile

-36%

Faster revenue growth than 13% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$4,060,202

Up $280,040 (+7.4%) from 2019

Net Assets

Up

$3,954,702

Up $282,157 (+7.7%) from 2019

Liabilities

Down

$105,500

Down $2,117 (-2.0%) from 2019

Revenue And Expenses
Liabilities / Revenue28th percentileNet Margin56th percentile

Revenue

Down

$3,331,354

Down $1,877,906 (-36%) from 2019

Expenses

Down

$3,049,197

Down $674,357 (-18%) from 2019

Net Income

Down

$282,157

Down $1,203,549 (-81%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth54th percentile

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

$6.0M$4.0M$2.0M$0Assets 2012: $35,325Liabilities 2012: $0Net Assets 2012: $35,3252012Assets 2013: $214,062Liabilities 2013: $0Net Assets 2013: $214,0622013Assets 2014: $308,782Liabilities 2014: $3,227Net Assets 2014: $305,5552014Assets 2015: $683,885Liabilities 2015: $29,707Net Assets 2015: $654,1782015Assets 2016: $2,059,256Liabilities 2016: $334,642Net Assets 2016: $1,724,6142016Assets 2017: $3,017,521Liabilities 2017: $128,881Net Assets 2017: $2,888,6402017Assets 2018: $2,265,445Liabilities 2018: $78,606Net Assets 2018: $2,186,8392018Assets 2019: $3,780,162Liabilities 2019: $107,617Net Assets 2019: $3,672,5452019Assets 2020: $4,060,202Liabilities 2020: $105,500Net Assets 2020: $3,954,7022020Assets 2021: $4,231,584Liabilities 2021: $24,854Net Assets 2021: $4,206,7302021Assets 2022: $4,151,416Liabilities 2022: $66,166Net Assets 2022: $4,085,2502022Assets 2023: $4,865,239Liabilities 2023: $207,543Net Assets 2023: $4,657,6962023Assets 2024: $2,819,480Liabilities 2024: $202,731Net Assets 2024: $2,616,7492024

Highlighted filing

2020

Assets$4,060,202
Liabilities$105,500
Net Assets$3,954,702
Open 2020 Filing

Operations Trend

Revenue Growth13th percentile

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2012: $252,467Expenses 2012: $239,442Net Income 2012: $13,0252012Revenue 2013: $656,094Expenses 2013: $477,357Net Income 2013: $178,7372013Revenue 2014: $945,148Expenses 2014: $888,980Net Income 2014: $56,1682014Revenue 2015: $1,322,605Expenses 2015: $970,232Net Income 2015: $352,3732015Revenue 2016: $3,214,516Expenses 2016: $2,072,080Net Income 2016: $1,142,4362016Revenue 2017: $3,961,281Expenses 2017: $2,797,255Net Income 2017: $1,164,0262017Revenue 2018: $3,119,259Expenses 2018: $3,821,060Net Income 2018: -$701,8012018Revenue 2019: $5,209,260Expenses 2019: $3,723,554Net Income 2019: $1,485,7062019Revenue 2020: $3,331,354Expenses 2020: $3,049,197Net Income 2020: $282,1572020Revenue 2021: $2,840,038Expenses 2021: $2,549,014Net Income 2021: $291,0242021Revenue 2022: $2,411,217Expenses 2022: $2,783,885Net Income 2022: -$372,6682022Revenue 2023: $4,562,837Expenses 2023: $3,747,655Net Income 2023: $815,1822023Revenue 2024: $1,793,682Expenses 2024: $3,822,380Net Income 2024: -$2,028,6982024

Highlighted filing

2020

Revenue$3,331,354
Expenses$3,049,197
Net Income$282,157
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.0
Gross Receipts
$3,331,354
Mission and Program Overview

Mission

Karam foundation is dedicated to help people help themselves. We seek to restore the dignity and quality of life for people affected by conflict by eliminating barriers to success through innovative education, entrepreneurial development, and community-driven aid.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,446,542$2,023,618▲ $577,076
Pledges and Grants Receivable$2,030,817$1,840,803▼ $190,014
Land, Buildings, and Equipment, Net$251,185$177,036▼ $74,149
Prepaid Expenses and Deferred Charges$36,311$11,711▼ $24,600
Inventories for Sale or Use$15,307$7,034▼ $8,273
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$3,780,162$4,060,202▲ $280,040
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$36,015$95,189▲ $59,174
Grants Payable$60,000--
Other Liabilities$11,602$10,311▼ $1,291
Total Liabilities$107,617$105,500▼ $2,117
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,960,206$2,211,589▲ $251,383
Net Assets With Donor Restrictions$1,712,339$1,743,113▲ $30,774
Total Net Assets Fund Balance$3,672,545$3,954,702▲ $282,157
Total Liabilities and Net Assets / Fund Balance$3,780,162$4,060,202▲ $280,040

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$114,667$152,502$267,169
Leasehold Improvements$46,019$44,948$90,967
Other Land Buildings$16,350$24,113$40,463
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lina Sergie AttarCEO & FounderFT$82,333$82,333

Board Members and Trustees

NameTitle
Rasha MansouriChairman
Mamak ShahbaziVice Chair
Anna NolanDirector
Mohamad OjjehDirector
Omar SalemDirector
Aya SammanSecretary
Razan MassaraniTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,326,440
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$4,914
All Other Contributions
$3,108,909
Change in Net Assets
$282,157

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,331,354
Total Revenue per Audited Statements
$3,331,354
Total Revenue per Form 990
$3,331,354
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,305,212
Salaries, Compensation, and Employee Benefits$1,107,353
Other Expenses$636,632
Total Fundraising Expense$215,190
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$1,282,857--$1,282,857
Other Salaries and Wages$431,529$181,143$157,799$770,471
Fees for Services Other$167,144$100,244$10,132$277,520
Other Employee Benefits$110,098$18,636$15,071$143,805
Occupancy$75,522$44,158$1,260$120,940
Payroll Taxes$84,787$14,351$11,606$110,744
Current Officers, Directors, Trustees, and Key Employees$57,964$19,727$4,642$82,333
Depreciation Depletion$73,058$1,233$411$74,702
Office Expenses$15,889$17,492$4,346$37,727
Travel$16,517$2,715$5,333$24,565
Other Expenses$1,296$16,385$4,590$17,681
Grants to Domestic Orgs$16,530--$16,530
Grants to Domestic Individuals$5,825--$5,825
Insurance-$4,373-$4,373
Total Functional Expenses$2,352,210$481,797$215,190$3,049,197

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,049,197
Total Expenses per Audited Statements$3,049,197
Total Expenses per Form 990$3,049,197
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Inner-City Muslim Action NetwChicago, IL501(c)(3)General support$8,265
Role Model Movement IncChicago, IL501(c)(3)General support$8,265

International Summary

Offices
2
Employees
50
Spending
$1,009,221

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Middle East and North AfricaProgram ServicesEducation, Humanitarian Aid250$1,009,221
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred rent$10,311
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“Aya Samman (Board Member) and Lina Sergie Attar (CEO/Founder) have a family relationship.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The IRS form 990 was reviewed by the board of directors prior to filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The Board of Directors reviews all potential conflicts of interest annually. The CEO, board members and employees are required to disclose potential conflicts and any related party affiliations or loans between the Organization and members of management are strictly prohibited. The Organization seeks full transparency with all relationships and any potential conflicts are discussed openly and resolved in accordance with Karam's policies and procedures.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Compensation of the Organization's CEO was determined by the Board of Directors after doing an evaluation, comparability data study, deliberation and the board decision was documented. There are no other compensated officers or key employees.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The Organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Karam Foundation
EIN
37-1548241
Phone
2245449411
Address
PO Box 230 Northgate 742, Lake Forest, IL 60045

Signing Officer

Name
Lina Sergie Attar
Title
CEO & Founder
Signed
2021-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lina Sergie Attar
Formed
2007
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
7
Employees
11
Volunteers
15

Preparer

Firm
Schall & Ashenfarb Cpas
Address
307 5th Ave 15th Floor, NEW YORK, NY 10016
Preparer
Michael Schall
Phone
2122682800
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2: Change of Oversight or Selection Process

“The process has not been changed from the prior year.”

Financial Statement Notes

Part X : FIN48 Footnote

“Karam Foundation does not believe its financial statements include any material, uncertain tax positions. Tax filings for periods ending December 31, 2017 and later are subject to examination by applicable taxing authorities.”

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IRS990/Desc0Building Leaders: Our programs empowering refugee youth and parents to create multiple pathways to leadership. From Innovative Education initiatives for refugee teens to awareness programs for mothers and fathers, our programs are designed to provide all-encompassing support. We respond to the barriers that Syrian refugees face by relieving burdens now, as well as allowing for opportunities to build for the future.Transforming Communities: Investing in the health and resilience of refugee Syrian families around the world allows them to thrive and become proactive community members. From targeted support to newly-settled refugees to emergency relief in times of crisis, we ensure that no families are rendered victims to their circumstances.
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IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
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IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt0177036
IRS990/LandBldgEquipCostOrOtherBssAmt0398599
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Karam Foundation is dedicated to help people help themselves. We seek to restore the dignity and quality of life for people affected by conflict by eliminating barriers to success through innovative education, entrepreneurial development, and community-driven aid.
IRS990/MoreThan5000KToIndividualsInd0true
IRS990/MoreThan5000KToOrgInd0true
IRS990/NetAssetsOrFundBalancesBOYAmt03672545
IRS990/NetAssetsOrFundBalancesEOYAmt03954702
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01960206
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02211589
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IRS990/OccupancyGrp/FundraisingAmt01260
IRS990/OccupancyGrp/ManagementAndGeneralAmt044158
IRS990/OccupancyGrp/ProgramServicesAmt075522
IRS990/OccupancyGrp/TotalAmt0120940
IRS990/OfficeExpensesGrp/FundraisingAmt04346
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt017492
IRS990/OfficeExpensesGrp/ProgramServicesAmt015889
IRS990/OfficeExpensesGrp/TotalAmt037727
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt015071
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt018636
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0110098
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0143805
IRS990/OtherExpensesGrp/Desc0Bank and transaction fees
IRS990/OtherExpensesGrp/Desc1Dues and subscriptions
IRS990/OtherExpensesGrp/Desc2Miscellaneous
IRS990/OtherExpensesGrp/FundraisingAmt04590
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt032426
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt128914
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt216385
IRS990/OtherExpensesGrp/ProgramServicesAmt011782
IRS990/OtherExpensesGrp/ProgramServicesAmt11412
IRS990/OtherExpensesGrp/ProgramServicesAmt21296
IRS990/OtherExpensesGrp/TotalAmt044208
IRS990/OtherExpensesGrp/TotalAmt134916
IRS990/OtherExpensesGrp/TotalAmt217681
IRS990/OtherLiabilitiesGrp/BOYAmt011602
IRS990/OtherLiabilitiesGrp/EOYAmt010311
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0Foreign Currency Translation Gain
IRS990/OtherRevenueMiscGrp/Desc1Other Income
IRS990/OtherRevenueMiscGrp/ExclusionAmt04213
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0701
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04213
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1701
IRS990/OtherRevenueTotalAmt04914
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0157799
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0181143
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0431529
IRS990/OtherSalariesAndWagesGrp/TotalAmt0770471
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt011606
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014351
IRS990/PayrollTaxesGrp/ProgramServicesAmt084787
IRS990/PayrollTaxesGrp/TotalAmt0110744
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02030817
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01840803
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt036311
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011711
IRS990/PrincipalOfficerNm0Lina Sergie Attar
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05127793
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01460156
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01669553
IRS990/PYOtherRevenueAmt065967
IRS990/PYProgramServiceRevenueAmt015500
IRS990/PYRevenuesLessExpensesAmt01485706
IRS990/PYSalariesCompEmpBnftPaidAmt0593845
IRS990/PYTotalExpensesAmt03723554
IRS990/PYTotalRevenueAmt05209260
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0282157
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03326440
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05127793
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03020800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03847674
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03198370
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt018521077
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04914
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0-16854
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0-2676
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0102286
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0205
IRS990ScheduleA/OtherIncome170Grp/TotalAmt087875
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.87620
IRS990ScheduleA/PublicSupportPY170Pct00.89440
IRS990ScheduleA/PublicSupportTotal170Amt016304709
IRS990ScheduleA/SubstantialContributorsTotAmt02216368
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03326440
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05127793
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03020800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03847674
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03198370
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt018521077
IRS990ScheduleA/TotalSupportAmt018608952
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0114667
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0152502
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0267169
IRS990ScheduleD/ExpensesSubtotalAmt03049197
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt046019
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt044948
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt090967
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt016350
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt024113
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt040463
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010311
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred rent
IRS990ScheduleD/RevenueSubtotalAmt03331354
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Karam Foundation does not believe its financial statements include any material, uncertain tax positions. Tax filings for periods ending December 31, 2017 and later are subject to examination by applicable taxing authorities.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0177036
IRS990ScheduleD/TotalExpensesPerForm990Amt03049197
IRS990ScheduleD/TotalLiabilityAmt010311
IRS990ScheduleD/TotalRevenuePerForm990Amt03331354
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03331354
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03049197
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt050
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt02
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt01009221
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Middle East and North Africa
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Education, Humanitarian Aid
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program Services
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt0225079
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt0Food kits
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt1Workshop supplies
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt2Food for students
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt3Tablets and supplies
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt4Laptops for students
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt5Tuition/Gap Funding
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt6Grocery cards
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt7Medical and other
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt8Transportation
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0Wire Transfer

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,060,202
Liabilities
$105,500
Net assets
$3,954,702
Revenue
$3,331,354
Expenses
$3,049,197
Net income
$282,157
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.82$0.20$2.62$1.79$3.82$2.03
2023Detailed filing. Detailed filing data is available for this year.$4.87$0.21$4.66$4.56$3.75$0.82
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.15$0.07$4.09$2.41$2.78$0.37
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.23$0.02$4.21$2.84$2.55$0.29
2020Detailed filing. Detailed filing data is available for this year.$4.06$0.11$3.95$3.33$3.05$0.28
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.78$0.11$3.67$5.21$3.72$1.49
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.27$0.08$2.19$3.12$3.82$0.70
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.02$0.13$2.89$3.96$2.80$1.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.06$0.33$1.72$3.21$2.07$1.14
2015Summary only. Only limited summary data is available for this year.$0.68$0.03$0.65$1.32$0.97$0.35
2014Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$0.95$0.89$0.06
2013Summary only. Only limited summary data is available for this year.$0.21$0.00$0.21$0.66$0.48$0.18
2012Summary only. Only limited summary data is available for this year.$0.04$0.00$0.04$0.25$0.24$0.01