Civic Intelligence

Karama Inc

990 • Fiscal year 2013 • EIN 45-1497911

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 09, 2014

6840 Logan Dr Ste B47715

(812) 457-9574

Siviq Scores

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

Liabilities / Assets

77th percentile

0.11x

Higher debt load relative to assets than 77% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

79th percentile

0.08x

Higher debt load relative to revenue than 79% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

78th percentile

21%

Higher net margin than 78% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

86th percentile

$30,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 17.8% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

85th percentile

49%

Faster asset growth than 85% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

88th percentile

65%

Faster revenue growth than 88% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Assets

Up

$120,054

Up $39,728 (+49%) from 2012

Net Assets

Up

$107,355

Up $34,637 (+48%) from 2012

Liabilities

Up

$12,699

Up $5,091 (+67%) from 2012

Revenue

Up

$168,240

Up $66,004 (+65%) from 2012

Expenses

Up

$132,566

Up $47,364 (+56%) from 2012

Net Income

Up

$35,674

Up $18,640 (+109%) from 2012

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2012: $80,326Liabilities 2012: $7,608Net Assets 2012: $72,7182012Assets 2013: $120,054Liabilities 2013: $12,699Net Assets 2013: $107,3552013Assets 2014: $165,744Liabilities 2014: $5,025Net Assets 2014: $160,7192014Assets 2015: $182,143Liabilities 2015: $10,643Net Assets 2015: $171,5002015Assets 2016: $207,965Liabilities 2016: $22,678Net Assets 2016: $185,2872016Assets 2017: $237,670Liabilities 2017: $27,501Net Assets 2017: $210,1692017Assets 2018: $224,196Liabilities 2018: $92,790Net Assets 2018: $131,4062018Assets 2019: $152,495Liabilities 2019: $96,360Net Assets 2019: $56,1352019Assets 2020: $123,431Liabilities 2020: $79,958Net Assets 2020: $43,4732020Assets 2021: $110,574Liabilities 2021: $39,421Net Assets 2021: $71,1532021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2013

Assets$120,054
Liabilities$12,699
Net Assets$107,355

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $102,236Expenses 2012: $85,202Net Income 2012: $17,0342012Revenue 2013: $168,240Expenses 2013: $132,566Net Income 2013: $35,6742013Revenue 2014: $243,758Expenses 2014: $190,394Net Income 2014: $53,3642014Revenue 2015: $107,522Expenses 2015: $96,741Net Income 2015: $10,7812015Revenue 2016: $321,600Expenses 2016: $307,975Net Income 2016: $13,6252016Revenue 2017: $388,166Expenses 2017: $363,301Net Income 2017: $24,8652017Revenue 2018: $328,214Expenses 2018: $406,977Net Income 2018: -$78,7632018Revenue 2019: $286,658Expenses 2019: $361,929Net Income 2019: -$75,2712019Revenue 2020: $283,242Expenses 2020: $295,904Net Income 2020: -$12,6622020Revenue 2021: $165,559Expenses 2021: $137,879Net Income 2021: $27,6802021Revenue 2022: $160,421Expenses 2022: $231,574Net Income 2022: -$71,1532022

Highlighted filing

2013

Revenue$168,240
Expenses$132,566
Net Income$35,674
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 9, 2014
Return Version
2013v3.1
Gross Receipts
$229,510
Mission and Program Overview

Mission

Alleviating proverty by bridging the gap between impoverished artisans and conscientious consumers. Providing access to global markets for marginalized artisans who would otherwise be unemployed or underemployed through various sales venues including an online store, access to wholesale customers, home parties, and large events.

Karama, inc. Alleviates poverty by bridging the gap between impoverished artisans and conscientious consumers. Karama provides access to global markets for marginalized artisans who would otherwise be unemployed or underemployed through various sales venues including an online store, access to wholesale customers, home parties and large events. Karama also educates and raises awareness of issues related to poverty and fair trade through the communication of personal artisans' stories, their craft and their culture.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$44,201$64,239▲ $20,038
Inventories for Sale or Use$28,837$44,436▲ $15,599
Accounts Receivable$5,866$9,807▲ $3,941
Land, Buildings, and Equipment, Net$1,422$1,572▲ $150
Total Assets$80,326$120,054▲ $39,728
Liabilities
Other Liabilities$2,681$9,189▲ $6,508
Accounts Payable and Accrued Expenses$4,927$3,510▼ $1,417
Total Liabilities$7,608$12,699▲ $5,091
Net Assets / Fund Balance
Unrestricted Net Assets$72,718$107,355▲ $34,637
Total Net Assets Fund Balance$72,718$107,355▲ $34,637
Total Liabilities and Net Assets / Fund Balance$80,326$120,054▲ $39,728
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jill a MorleyExecutive DiFT$30,000$30,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$81,715
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$86,525
All Other Contributions
$81,715
Change in Net Assets
$35,674
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$69,608
Other Expenses$47,958
Grants and Similar Amounts Paid$15,000
Total Fundraising Expense$1,355
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$69,542--$69,542
Grants to Domestic Orgs$15,000--$15,000
Travel$11,881--$11,881
Office Expenses$5,764$3,279-$9,043
Fees for Services Other$4,881--$4,881
Occupancy-$4,300-$4,300
Advertising-$1,693$1,290$2,983
All Other Expenses$1,348$1,253$65$2,666
Insurance$2,015--$2,015
Fees for Services Accounting-$1,158-$1,158
Other Expenses$3,156$1,155-$1,155
Conferences and Meetings$306--$306
Payroll Taxes$66--$66
Total Functional Expenses$113,959$17,252$1,355$132,566
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
84-0385934-501c3-$15,000
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-CustomerMisc ItemsNo$1,857
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$5,050
Sales Tax Liability$2,704
Payroll Liabilities$1,239
Gift Certificates Outstanding$196
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Page 6, Part VI, Line 11B

Executive director reviews tax return upon completion of the tax return by an accounting firm. Any questions regarding the return and compliance are discussed with board chair and entire board if necessary.

Form 990, Page 6, Part VI, Line 15A

Karama researches national charities with similar budgets to ensure employee compensation is fair and reasonable. Our employee compensation is well below the national average.

Form 990, Page 6, Part VI, Line 19

Documents are made available upon request

Filing and Contact Details

Filer

EIN
45-1497911
Phone
8124579574

Signing Officer

Name
Jill Morley
Title
President
Phone
8124579574
Signed
2014-07-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jill Morley
Formed
2011
Legal Domicile
In
Voting Board Members
7
Independent Board Members
7
Employees
3
Volunteers
50

Preparer

Preparer
Lawrence D Bitter CPA
Phone
8124243388
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Karama, inc. Alleviates poverty by bridging the gap between impoverished artisans and conscientious consumers. Karama provides access to global markets for marginalized artisans who would otherwise be unemployed or underemployed through various sales venues including an online store, access to wholesale customers, home parties and large events. Karama also educates and raises awareness of issues related to poverty and fair trade through the communication of personal artisans' stories, their craft and their culture.

Form 990, Part XI, Line 9

Book / tax depreciation difference -1,037

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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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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0153192
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt092766
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0475468
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
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05050
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12704
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21239
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3196
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SALES TAX LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3GIFT CERTIFICATES OUTSTANDING
IRS990ScheduleD/TotalLiabilityAmt09189
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IRS990ScheduleI/RecipientTable/CashGrantAmt015000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10YOUNG LIFE
IRS990ScheduleI/RecipientTable/RecipientEIN0840385934
IRS990ScheduleI/RecipientTable/USAddress/AddressLine10420 N CASCADE AVE
IRS990ScheduleI/RecipientTable/USAddress/City0COLORADO SPRINGS
IRS990ScheduleI/RecipientTable/USAddress/State0CO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode080903
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine10CABELLS DESIGNS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0CUSTOMER
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt01857
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0MISC ITEMS
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0SUSAN COLLINS PETERSON AND CABELL BIDDLE SWEENEY ARE PARTNERS IN CABELL'S DESIGNS, LLC. MRS. PETERSON IS THE CHEIF OPERATING OFFICER AND MS. SWEENEY IS THE FOUNDER AND CHIEF OF DESIGN.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KARAMA, INC. ALLEVIATES POVERTY BY BRIDGING THE GAP BETWEEN IMPOVERISHED ARTISANS AND CONSCIENTIOUS CONSUMERS. KARAMA PROVIDES ACCESS TO GLOBAL MARKETS FOR MARGINALIZED ARTISANS WHO WOULD OTHERWISE BE UNEMPLOYED OR UNDEREMPLOYED THROUGH VARIOUS SALES VENUES INCLUDING AN ONLINE STORE, ACCESS TO WHOLESALE CUSTOMERS, HOME PARTIES AND LARGE EVENTS. KARAMA ALSO EDUCATES AND RAISES AWARENESS OF ISSUES RELATED TO POVERTY AND FAIR TRADE THROUGH THE COMMUNICATION OF PERSONAL ARTISANS' STORIES, THEIR CRAFT AND THEIR CULTURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXECUTIVE DIRECTOR REVIEWS TAX RETURN UPON COMPLETION OF THE TAX RETURN BY AN ACCOUNTING FIRM. ANY QUESTIONS REGARDING THE RETURN AND COMPLIANCE ARE DISCUSSED WITH BOARD CHAIR AND ENTIRE BOARD IF NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2KARAMA RESEARCHES NATIONAL CHARITIES WITH SIMILAR BUDGETS TO ENSURE EMPLOYEE COMPENSATION IS FAIR AND REASONABLE. OUR EMPLOYEE COMPENSATION IS WELL BELOW THE NATIONAL AVERAGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOOK / TAX DEPRECIATION DIFFERENCE -1,037
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
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IRS990/TerminateOperationsInd0false
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IRS990/TotalContributionsAmt081715
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01355
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017252
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0113959
IRS990/TotalFunctionalExpensesGrp/TotalAmt0132566
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07608
IRS990/TotalLiabilitiesEOYAmt012699
IRS990/TotalLiabilitiesGrp/BOYAmt07608
IRS990/TotalLiabilitiesGrp/EOYAmt012699
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt072718
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0107355
IRS990/TotalProgramServiceExpensesAmt0113959
IRS990/TotalReportableCompFromOrgAmt030000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt086525
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0168240
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt080326
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0120054
IRS990/TravelGrp/ProgramServicesAmt011881
IRS990/TravelGrp/TotalAmt011881
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UnrestrictedNetAssetsGrp/BOYAmt072718
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine103200 SCHROEDER RD
IRS990/USAddress/City0HAUBSTADT
IRS990/USAddress/State0IN
IRS990/USAddress/ZIPCode047639
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.KARAMAGIFTS.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JILL MORLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08124579574
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-07-09
ReturnHeader/Filer/BusinessName/BusinessNameLine10KARAMA INC
ReturnHeader/Filer/BusinessNameControlTxt0KARA
ReturnHeader/Filer/EIN0451497911
ReturnHeader/Filer/PhoneNum08124579574
ReturnHeader/Filer/USAddress/AddressLine106840 LOGAN DR STE B
ReturnHeader/Filer/USAddress/City0EVANSVILLE
ReturnHeader/Filer/USAddress/State0IN
ReturnHeader/Filer/USAddress/ZIPCode047715
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351471726
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10BROWN SMITH & SETTLE LLC CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10777 OAK HILL ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0EVANSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode047711
ReturnHeader/PreparerPersonGrp/PhoneNum08124243388
ReturnHeader/PreparerPersonGrp/PreparationDt02014-08-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAWRENCE D BITTER CPA
ReturnHeader/ReturnTs02014-08-18T16:19:22-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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