Civic Intelligence

Karmatree Foundation

990EZ • Fiscal year 2020 • EIN 82-1436791

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

Organization ProfileN/A
18011 Mitchell South Suite BIrvine, CA 92614

(949) 250-3129

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

91st percentile

56%

Higher net margin than 91% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

94th percentile

244%

Faster asset growth than 94% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

46th percentile

-18%

Faster revenue growth than 46% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$29,040

Up $20,609 (+244%) from 2019

Net Assets

Up

$29,040

Up $40,609 (+351%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin91st percentile

Revenue

Down

$71,900

Down $15,925 (-18%) from 2019

Expenses

Down

$31,289

Down $89,124 (-74%) from 2019

Net Income

Up

$40,611

Up $73,199 (+225%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

$40K$20K$0-$20KAssets 2017: $32,586Liabilities 2017: $0Net Assets 2017: $32,5862017Assets 2018: $21,019Liabilities 2018: $0Net Assets 2018: $21,0192018Assets 2019: $8,431Liabilities 2019: $20,000Net Assets 2019: -$11,5692019Assets 2020: $29,040Net Assets 2020: $29,0402020Assets 2021: $27,675Liabilities 2021: $02021

Highlighted filing

2020

Assets$29,040
Liabilities-
Net Assets$29,040
Open 2020 Filing

Operations Trend

Revenue Growth46th percentile

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

$300K$200K$100K$0-$100KRevenue 2017: $268,300Expenses 2017: $235,714Net Income 2017: $32,5862017Revenue 2018: $0Expenses 2018: $11,567Net Income 2018: -$11,5672018Revenue 2019: $87,825Expenses 2019: $120,413Net Income 2019: -$32,5882019Revenue 2020: $71,900Expenses 2020: $31,289Net Income 2020: $40,6112020Revenue 2021: $0Expenses 2021: $1,363Net Income 2021: -$1,3632021

Highlighted filing

2020

Revenue$71,900
Expenses$31,289
Net Income$40,611
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$71,900
Mission and Program Overview

Mission

To conduct holistic and spiritual education

To conduct holistic and spiritual education.

Program Services

DescriptionGrantsExpenses
IN 2020 THE ORGANIZATION CONDUCTED HOLISTIC AND SPIRITUAL EDUCATION.-$21,578
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
OFER AMRAMSecretary/Cf-$0--
BOAZ SHONFELDCEO-$0--
Filing and Contact Details

Filer

Filer Name
Karmatree Foundation
EIN
82-1436791
Phone
9492503129
Address
18011 MITCHELL SOUTH SUITE B, IRVINE, CA 92614

Signing Officer

Name
Boaz Shonfeld
Title
CEO
Phone
9492503129
Signed
2021-11-15

Preparer

Firm
Jacob Lichter
Address
1 HILLCREST CENTER, SPRING VALLEY, NY 10977
Preparer
Jacob Lichter
Phone
8452909701
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses accounting/bookkeeping 1,030 bank charges 40 donations 21,578 managment 5,975 marketing 845 meeting 1,589 travel 232 total 31,289”

Form 990-ez, Part II, Line 26

“Loans from officers 20,000 0”

Raw XML Appendix111 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0OFER AMRAM
CompensationExplanation/CompensationExplanationGrp/PersonNm1BOAZ SHONFELD
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0OFER AMRAM
IRS990EZ/BooksInCareOfDetail/PhoneNum09492503129
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt018011 MITCHELL SOUTH SUITE B
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0IRVINE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092614
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08429
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt029040
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt071900
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt040611
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt08429
IRS990EZ/Form990TotalAssetsGrp/EOYAmt029040
IRS990EZ/GrossReceiptsAmt071900
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-11571
IRS990EZ/NetAssetsOrFundBalancesEOYAmt029040
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-11571
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt029040
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0OFER AMRAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BOAZ SHONFELD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY/CF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CEO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt031289
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO CONDUCT HOLISTIC AND SPIRITUAL EDUCATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0IN 2020 THE ORGANIZATION CONDUCTED HOLISTIC AND SPIRITUAL EDUCATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt021578
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt020000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt031289
IRS990EZ/TotalProgramServiceExpensesAmt021578
IRS990EZ/TotalRevenueAmt071900
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt071900
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt079873
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0151773
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt07952
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0151773
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt071900
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt079873
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0151773
IRS990ScheduleA/TotalSupportAmt0151773
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ACCOUNTING/BOOKKEEPING 1,030 BANK CHARGES 40 DONATIONS 21,578 MANAGMENT 5,975 MARKETING 845 MEETING 1,589 TRAVEL 232 TOTAL 31,289
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LOANS FROM OFFICERS 20,000 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BOAZ SHONFELD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09492503129
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KARMATREE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0KARM
ReturnHeader/Filer/EIN0821436791
ReturnHeader/Filer/PhoneNum09492503129
ReturnHeader/Filer/USAddress/AddressLine1Txt018011 MITCHELL SOUTH SUITE B
ReturnHeader/Filer/USAddress/CityNm0IRVINE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092614
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341993540
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JACOB LICHTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 HILLCREST CENTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPRING VALLEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010977
ReturnHeader/PreparerPersonGrp/PhoneNum08452909701
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JACOB LICHTER
ReturnHeader/ReturnTs02021-11-16T12:18:09-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BOAZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SHONFELD
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$29,040
Liabilities
-
Net assets
$29,040
Revenue
$71,900
Expenses
$31,289
Net income
$40,611
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Summary only. Only limited summary data is available for this year.$0.28$0.00$0.00$0.01$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.29$0.29$0.72$0.31$0.41
2019Detailed filing. Detailed filing data is available for this year.$0.08$0.20$0.12$0.88$1.20$0.33
2018Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.00$0.12$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$2.68$2.36$0.33