Civic Intelligence

Karma Junction Inc.

990EZ • Fiscal year 2022 • EIN 47-3386954

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 18, 2023

Organization Profilewww.karmajunction.org
19 Cobblers CirFranklin Park, NJ 08823

(732) 822-4654

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • NTEE P20 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • NTEE P20 • <$500k nonprofits • Source year 2022

Net Margin

21st percentile

-16%

Higher net margin than 21% of similar nonprofits.

2022 filings • NTEE P20 • <$500k nonprofits • Source year 2022

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

2022 filings • NTEE P20 • <$500k nonprofits • Source year 2022

Asset Growth

25th percentile

-21%

Faster asset growth than 25% of similar nonprofits.

2022 filings • NTEE P20 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

43rd percentile

-3.1%

Faster revenue growth than 43% of similar nonprofits.

2022 filings • NTEE P20 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$32,835

Down $8,684 (-21%) from 2021

Net Assets

Down

$32,835

Down $8,684 (-21%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin21st percentile

Revenue

Down

$54,658

Down $1,742 (-3.1%) from 2021

Expenses

Up

$63,342

Up $18,598 (+42%) from 2021

Net Income

Down

-$8,684

Down $20,340 (-175%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$60K$40K$20K$0Assets 2016: $7,237Liabilities 2016: $02016Assets 2017: $13,640Liabilities 2017: $02017Assets 2018: $44,889Liabilities 2018: $02018Assets 2019: $25,878Liabilities 2019: $0Net Assets 2019: $25,8782019Assets 2020: $35,363Liabilities 2020: $0Net Assets 2020: $35,3632020Assets 2021: $41,519Liabilities 2021: $0Net Assets 2021: $41,5192021Assets 2022: $32,835Liabilities 2022: $0Net Assets 2022: $32,8352022Assets 2023: $36,905Liabilities 2023: $0Net Assets 2023: $36,9052023Assets 2024: $36,229Net Assets 2024: $36,2292024

Highlighted filing

2022

Assets$32,835
Liabilities$0
Net Assets$32,835
Open 2022 Filing

Operations Trend

Revenue Growth43rd percentile

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

$100K$50K$0-$50KRevenue 2016: $21,648Expenses 2016: $14,414Net Income 2016: $7,2342016Revenue 2017: $25,464Expenses 2017: $19,197Net Income 2017: $6,2672017Revenue 2018: $60,054Expenses 2018: $28,805Net Income 2018: $31,2492018Revenue 2019: $30,434Expenses 2019: $49,445Net Income 2019: -$19,0112019Revenue 2020: $42,115Expenses 2020: $31,666Net Income 2020: $10,4492020Revenue 2021: $56,400Expenses 2021: $44,744Net Income 2021: $11,6562021Revenue 2022: $54,658Expenses 2022: $63,342Net Income 2022: -$8,6842022Revenue 2023: $63,855Expenses 2023: $59,785Net Income 2023: $4,0702023Revenue 2024: $54,609Expenses 2024: $55,285Net Income 2024: -$6762024

Highlighted filing

2022

Revenue$54,658
Expenses$63,342
Net Income-$8,684
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 18, 2023
Return Version
2022v5.0
Gross Receipts
$54,658
Mission and Program Overview

Mission

Karma Junction,lnc.'s purpose is to meet individuals' basic needs of food, education, medical, housing, and sanitation to bring a positive change in their lives that enables them to be self-sufficient and productive members of society.

Karma Junction, Inc. has been organized to meet individuals' basic needs of food, education, medical, housing and sanitation to bring a positive change in their lives that enables them to be self-sufficient and productive members of society in USA and India

Program Services

DescriptionGrantsExpenses
During the year, karma junction provided a water well, chalkboard, bed sets, hand driven tricycle, restroom, school fee, food kits, water tank, cabin, students 12 months food, sewing machine, wheelchair, and university fees.$0$57,708
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Prashant PatelFounderPT$0--
Manisha PatelDirector-$0--
Amit JoshiDirectorPT$0--
Shiwani JoshiDirector-$0--
Amish JhaveriDirector-$0--
Bijal JhaveriDirector-$0--
Filing and Contact Details

Filer

Filer Name
Karma Junction Inc
EIN
47-3386954
Phone
7328224654
Address
19 Cobblers Cir, Franklin Park, NJ 08823

Signing Officer

Name
Prashant Patel
Title
Founder
Phone
7328224654
Signed
2023-04-18
Discuss with paid preparer
No

Preparer

Firm
BryteBridge Nonprofit Solutions
Address
7021 University Blvd, Winter Park, FL 32792
Preparer
Evan ODell
Phone
8778579002
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^Website;472|Charity Registartion;85|Google Storage;30|Microsoft Office;107|Cyberlink Video Editing Software;75|NJ Annual Report Service;33|Water Well;21490|Chalkboard;10172|Bed sets;6775|Hand Driven Tricycle;3814|Restroom;3178|School Fee;3044|Food kits;2040|Water Tank;1669|Cabin;1377|Students 12 months Food;1183|Sewing Machine;1126|Wheelchair;954|University Fees;885|Reconcilitaion;2284|Total Administration Expense;1675^Total;62468^”

Raw XML Appendix191 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
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IRS990EZ/BooksInCareOfDetail/PhoneNum07328224654
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Franklin Park
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd008823
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt041519
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IRS990EZ/DirectIndirectPltclExpendAmt00
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IRS990EZ/ExcessOrDeficitForYearAmt0-8684
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IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/LandAndBuildingsGrp/BOYAmt00
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IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt041519
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt032835
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt025
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Prashant Patel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Manisha Patel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Amit Joshi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Shiwani Joshi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Amish Jhaveri
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Bijal Jhaveri
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Founder
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt062468
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Karma Junction, Inc. has been organized to meet individuals' basic needs of food, education, medical, housing and sanitation to bring a positive change in their lives that enables them to be self-sufficient and productive members of society in USA and India
IRS990EZ/PrintingPublicationsPostageAmt0276
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0During the year, karma junction provided a water well, chalkboard, bed sets, hand driven tricycle, restroom, school fee, food kits, water tank, cabin, students 12 months food, sewing machine, wheelchair, and university fees.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt057708
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt063342
IRS990EZ/TotalProgramServiceExpensesAmt057708
IRS990EZ/TotalRevenueAmt054658
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.karmajunction.org/
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt054658
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt056400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt042115
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt030434
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt060054
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0243661
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportPY170Pct01
IRS990ScheduleA/PublicSupportTotal170Amt0243661
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt054658
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt056400
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt042115
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt030434
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt060054
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0243661
IRS990ScheduleA/TotalSupportAmt0243661
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Website;472|Charity Registartion;85|Google Storage;30|Microsoft Office;107|Cyberlink Video Editing Software;75|NJ Annual Report Service;33|Water Well;21490|Chalkboard;10172|Bed sets;6775|Hand Driven Tricycle;3814|Restroom;3178|School Fee;3044|Food kits;2040|Water Tank;1669|Cabin;1377|Students 12 months Food;1183|Sewing Machine;1126|Wheelchair;954|University Fees;885|Reconcilitaion;2284|Total Administration Expense;1675^Total;62468^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0The organization was unaware of the filing requirements and due date, as well as the need to keep adequate books and records on an ongoing basis, and thus have resolved to undertake the Form 990 each year within 90 days after the end of the fiscal year. In addition, each quarter our board will review the IRS website and Exempt Organizations update to ensure that no changes have occurred in regard to our annual compliance requirements.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd00
ReturnHeader/BusinessOfficerGrp/PersonNm0Prashant Patel
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Founder
ReturnHeader/BusinessOfficerGrp/PhoneNum07328224654
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KARMA JUNCTION INC
ReturnHeader/Filer/BusinessNameControlTxt0KARM
ReturnHeader/Filer/EIN0473386954
ReturnHeader/Filer/PhoneNum07328224654
ReturnHeader/Filer/USAddress/AddressLine1Txt019 Cobblers Cir
ReturnHeader/Filer/USAddress/CityNm0Franklin Park
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008823
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0843085028
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BryteBridge Nonprofit Solutions
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07021 University Blvd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Winter Park
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032792
ReturnHeader/PreparerPersonGrp/PhoneNum08778579002
ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Evan ODell
ReturnHeader/ReturnTs02023-06-27T09:14:10-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$32,835
Liabilities
$0
Net assets
$32,835
Revenue
$54,658
Expenses
$63,342
Net income
-$8,684
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$36.2$36.2$54.6$55.3$0.68
2023Detailed filing. Detailed filing data is available for this year.$36.9$0.00$36.9$63.9$59.8$4.07
2022Detailed filing. Detailed filing data is available for this year.$32.8$0.00$32.8$54.7$63.3$8.68
2021Detailed filing. Detailed filing data is available for this year.$41.5$0.00$41.5$56.4$44.7$11.7
2020Detailed filing. Detailed filing data is available for this year.$35.4$0.00$35.4$42.1$31.7$10.4
2019Detailed filing. Detailed filing data is available for this year.$25.9$0.00$25.9$30.4$49.4$19.0
2018Summary only. Only limited summary data is available for this year.$44.9$0.00$60.1$28.8$31.2
2017Summary only. Only limited summary data is available for this year.$13.6$0.00$25.5$19.2$6.27
2016Summary only. Only limited summary data is available for this year.$7.24$0.00$21.6$14.4$7.23