Civic Intelligence

Khazani Foundation Inc.

990EZ • Fiscal year 2023 • EIN 82-1592810

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

Organization Profilewww.khazanifoundation.org
578 Washington Bvld Suite 854Marina Del Rey, CA 90292

(310) 301-8482

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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

22nd percentile

-17%

Higher net margin than 22% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

5th percentile

-82%

Faster asset growth than 5% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

15th percentile

-37%

Faster revenue growth than 15% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$1,273

Down $5,850 (-82%) from 2022

Net Assets

Down

$1,273

Down $5,850 (-82%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin22nd percentile

Revenue

Down

$35,000

Down $20,600 (-37%) from 2022

Expenses

Down

$40,850

Down $32,040 (-44%) from 2022

Net Income

Up

-$5,850

Up $11,440 (+66%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

$60K$40K$20K$0Assets 2017: $51,659Liabilities 2017: $0Net Assets 2017: $51,6592017Assets 2018: $38,264Liabilities 2018: $0Net Assets 2018: $38,2642018Assets 2019: $42,412Liabilities 2019: $0Net Assets 2019: $42,4122019Assets 2020: $29,789Liabilities 2020: $0Net Assets 2020: $29,7892020Assets 2021: $24,413Net Assets 2021: $24,4132021Assets 2022: $7,123Net Assets 2022: $7,1232022Assets 2023: $1,273Net Assets 2023: $1,2732023Assets 2024: $20,108Liabilities 2024: $20,000Net Assets 2024: $1082024

Highlighted filing

2023

Assets$1,273
Liabilities-
Net Assets$1,273
Open 2023 Filing

Operations Trend

Revenue Growth15th percentile

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

$100K$50K$0-$50KRevenue 2017: $69,761Expenses 2017: $18,102Net Income 2017: $51,6592017Revenue 2018: $31,361Expenses 2018: $44,756Net Income 2018: -$13,3952018Revenue 2019: $18,351Expenses 2019: $14,203Net Income 2019: $4,1482019Revenue 2020: $42,649Expenses 2020: $55,272Net Income 2020: -$12,6232020Revenue 2021: $60,690Expenses 2021: $66,066Net Income 2021: -$5,3762021Revenue 2022: $55,600Expenses 2022: $72,890Net Income 2022: -$17,2902022Revenue 2023: $35,000Expenses 2023: $40,850Net Income 2023: -$5,8502023Revenue 2024: $28,671Expenses 2024: $29,836Net Income 2024: -$1,1652024

Highlighted filing

2023

Revenue$35,000
Expenses$40,850
Net Income-$5,850
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$35,000
Mission and Program Overview

Mission

To provide education, support and assistance in reconstructive surgery and eye surgery to the economically underprivileged.

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
SUPPORT AND ASSISTANCE FOR SURGICAL PROCEDURES ON CHILDREN BORN WITH DISFIGURING CONDITIONS-$40,850
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SOL KHAZANIPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Khazani Foundation Inc
EIN
82-1592810
Phone
3103018482
Address
578 WASHINGTON BVLD SUITE 854, MARINA DEL REY, CA 90292

Signing Officer

Name
Sol Khazani
Title
President
Signed
2024-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Elyashar & Co
Address
8383 WILSHIRE BLVD STE 1024, BEVERLY HILLS, CA 90211
Preparer
Howard Elyashar
Phone
4245350126
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“Class of Activity: CHARITABLE | Donee's Name: LOOKING BEYOND | Donee's Address: 2934 1/2 BEVERLY GLEN CIRCLE #224 LOS ANGELES CA 90077 | Cash Amount Given: $20000”

Other Expenses.1

“Dues and subscription $93”

Other Expenses.2

“TAXES $50”

Other Expenses.3

“BANK CHARGE $25”

Raw XML Appendix136 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/PersonNm0SOL KHAZANI
IRS990EZ/BooksInCareOfDetail/PhoneNum03103018482
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0578 WASHINGTON BVLD SUITE 854
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MARINA DEL REY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090292
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07123
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01273
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt035000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-5850
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03000
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt07123
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01273
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt037682
IRS990EZ/GrossReceiptsAmt035000
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt07123
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01273
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07123
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01273
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SOL KHAZANI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0168
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SUPPORT AND ASSISTANCE FOR SURGICAL PROCEDURES ON CHILDREN BORN WITH DISFIGURING CONDITIONS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt040850
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt040850
IRS990EZ/TotalProgramServiceExpensesAmt040850
IRS990EZ/TotalRevenueAmt035000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http://www.khazanifoundation.org/
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt035000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt055600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt060690
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt042649
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt018351
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0212290
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.55770
IRS990ScheduleA/PublicSupportPY170Pct00.54960
IRS990ScheduleA/PublicSupportTotal170Amt0118388
IRS990ScheduleA/SubstantialContributorsTotAmt093902
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt035000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt055600
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt060690
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt042649
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt018351
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0212290
IRS990ScheduleA/TotalSupportAmt0212290
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Class of Activity: CHARITABLE | Donee's Name: LOOKING BEYOND | Donee's Address: 2934 1/2 BEVERLY GLEN CIRCLE #224 LOS ANGELES CA 90077 | Cash Amount Given: $20000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DUES AND SUBSCRIPTION $93
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TAXES $50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANK CHARGE $25
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SOL KHAZANI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KHAZANI FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0KHAZ
ReturnHeader/Filer/EIN0821592810
ReturnHeader/Filer/PhoneNum03103018482
ReturnHeader/Filer/USAddress/AddressLine1Txt0578 WASHINGTON BVLD SUITE 854
ReturnHeader/Filer/USAddress/CityNm0MARINA DEL REY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090292
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0823515062
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ELYASHAR & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08383 WILSHIRE BLVD STE 1024
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BEVERLY HILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090211
ReturnHeader/PreparerPersonGrp/PhoneNum04245350126
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HOWARD ELYASHAR
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-11-15T09:52:18-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,273
Liabilities
-
Net assets
$1,273
Revenue
$35,000
Expenses
$40,850
Net income
-$5,850
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$20.1$20.0$0.11$28.7$29.8$1.17
2023Detailed filing. Detailed filing data is available for this year.$1.27$1.27$35.0$40.9$5.85
2022Detailed filing. Detailed filing data is available for this year.$7.12$7.12$55.6$72.9$17.3
2021Detailed filing. Detailed filing data is available for this year.$24.4$24.4$60.7$66.1$5.38
2020Detailed filing. Detailed filing data is available for this year.$29.8$0.00$29.8$42.6$55.3$12.6
2019Detailed filing. Detailed filing data is available for this year.$42.4$0.00$42.4$18.4$14.2$4.15
2018Detailed filing. Detailed filing data is available for this year.$38.3$0.00$38.3$31.4$44.8$13.4
2017Detailed filing. Detailed filing data is available for this year.$51.7$0.00$51.7$69.8$18.1$51.7