Civic Intelligence

Karmatree Foundation

990EZ • Fiscal year 2019 • EIN 82-1436791

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 04, 2020

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

97th percentile

2.37x

Higher debt load relative to assets than 97% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

88th percentile

0.23x

Higher debt load relative to revenue than 88% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

10th percentile

-37%

Higher net margin than 10% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

7th percentile

-60%

Faster asset growth than 7% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$8,431

Down $12,588 (-60%) from 2018

Net Assets

Down

-$11,569

Down $32,588 (-155%) from 2018

Liabilities

Up

$20,000

Up $20,000 from 2018

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin10th percentile

Revenue

Up

$87,825

Up $87,825 from 2018

Expenses

Up

$120,413

Up $108,846 (+941%) from 2018

Net Income

Down

-$32,588

Down $21,021 (-182%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth7th 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

2019

Assets$8,431
Liabilities$20,000
Net Assets-$11,569
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

2019

Revenue$87,825
Expenses$120,413
Net Income-$32,588
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 4, 2020
Return Version
2019v5.0
Gross Receipts
$87,825
Mission and Program Overview

Mission

To conduct holistic and spiritual education

To conduct holistic and spiritual education.

Program Services

DescriptionGrantsExpenses
IN 2019 THE ORGANIZATION CONDUCTED HOLISTIC AND SPIRITUAL EDUCATION.$30,000$30,000
Compensation and Service Providers
Top Officer Pay77th 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
2020-03-04

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 10

“Cash contribution: 30,000”

Form 990-ez, Part I, Line 16

“Expenses accounting/bookkeeping 944 bank charges 38 fundraising expenses 65,877 meeting 19,334 supplies 2,340 travel 1,880 total 90,413”

Form 990-ez, Part II, Line 26

“Loans from officers 0 20,000”

Raw XML Appendix114 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/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/BOYAmt021019
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08431
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt079873
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-32588
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt021019
IRS990EZ/Form990TotalAssetsGrp/EOYAmt08431
IRS990EZ/GrantsAndSimilarAmountsPaidAmt030000
IRS990EZ/GrossReceiptsAmt087825
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt021019
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-11569
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt021019
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-11569
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/OtherExpensesTotalAmt090413
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO CONDUCT HOLISTIC AND SPIRITUAL EDUCATION.
IRS990EZ/ProgramServiceRevenueAmt07952
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0IN 2019 THE ORGANIZATION CONDUCTED HOLISTIC AND SPIRITUAL EDUCATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt030000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt030000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt020000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0120413
IRS990EZ/TotalProgramServiceExpensesAmt030000
IRS990EZ/TotalRevenueAmt087825
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt079873
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt079873
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt07952
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt07952
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt087825
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt087825
IRS990ScheduleA/Total509Grp/TotalAmt087825
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt087825
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt087825
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 30,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ACCOUNTING/BOOKKEEPING 944 BANK CHARGES 38 FUNDRAISING EXPENSES 65,877 MEETING 19,334 SUPPLIES 2,340 TRAVEL 1,880 TOTAL 90,413
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LOANS FROM OFFICERS 0 20,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 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/SignatureDt02020-03-04
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/PreparationDt02021-03-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JACOB LICHTER
ReturnHeader/ReturnTs02021-03-08T13:29:26-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,431
Liabilities
$20,000
Net assets
-$11,569
Revenue
$87,825
Expenses
$120,413
Net income
-$32,588
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