Civic Intelligence

Great Carma Foundation

EIN 83-1279535 • 501(c)3 • Montvale, NJ

Profile

The foundation provides awareness and educational funding for schooling in skilled trades by using the proceeds from donated vehicles to expose youth to the opportunities available in becoming an automotive technician or other trade specialist.

110 Chestnut Ridge Road 320Montvale, NJ 07645

www.greatcarma.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2021

Net Margin

85th percentile

37%

Higher net margin than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

78th percentile

25%

Faster asset growth than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

18th percentile

-51%

Faster revenue growth than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$22,651

Up $4,467 (+25%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$22,651

Up $4,467 (+25%) from 2020

Operations
Liabilities / RevenueScore unavailableNet Margin85th percentile

Revenue

Down

$11,937

Down $12,552 (-51%) from 2020

Expenses

Up

$7,470

Up $1,729 (+30%) from 2020

Net Income

Down

$4,467

Down $14,281 (-76%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth78th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0-$10KAssets 2018: $1,434Liabilities 2018: $1,680Net Assets 2018: -$2462018Assets 2019: $825Liabilities 2019: $1,389Net Assets 2019: -$5642019Assets 2020: $18,184Liabilities 2020: $0Net Assets 2020: $18,1842020Assets 2021: $22,651Net Assets 2021: $22,6512021

Highlighted filing

2021

Assets$22,651
Liabilities-
Net Assets$22,651
Open 2021 Filing

Operations Trend

Revenue Growth18th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30K$20K$10K$0-$10KRevenue 2018: $1,764Expenses 2018: $2,010Net Income 2018: -$2462018Revenue 2019: $2,491Expenses 2019: $2,809Net Income 2019: -$3182019Revenue 2020: $24,489Expenses 2020: $5,741Net Income 2020: $18,7482020Revenue 2021: $11,937Expenses 2021: $7,470Net Income 2021: $4,4672021

Highlighted filing

2021

Revenue$11,937
Expenses$7,470
Net Income$4,467
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,651
Liabilities
-
Net assets
$22,651
Revenue
$11,937
Expenses
$7,470
Net income
$4,467
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$22.7$22.7$11.9$7.47$4.47
2020Detailed filing. Detailed filing data is available for this year.$18.2$0.00$18.2$24.5$5.74$18.7
2019Detailed filing. Detailed filing data is available for this year.$0.83$1.39$0.56$2.49$2.81$0.32
2018Detailed filing. Detailed filing data is available for this year.$1.43$1.68$0.25$1.76$2.01$0.25
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 13, 2023
Return Version
2021v4.1
Gross Receipts
$11,937
Mission and Program Overview

Mission

The foundation provides awareness and educational funding for schooling in skilled trades by using the proceeds from donated vehicles to expose youth to the opportunities available in becoming an automotive technician or other trade specialist.

The foundation provides awareness and educational funding for schooling in skilled trades by using the proceeds from donatd vehicles to expose youth to the opportunities available in becoming an automotive technician or othe trade specialist.

Program Services

DescriptionGrantsExpenses
PROVIDING AWARENESS AND EDUCATIONAL FUNDING FOR SCHOOLING IN SKILLED TRADES.-$7,470
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
VINCENT KUNGPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Great Carma Foundation
EIN
83-1279535
Phone
2016753499
Address
110 CHESTNUT RIDGE ROAD 320, MONTVALE, NJ 07645

Signing Officer

Name
Vincent Kung
Title
President
Signed
2023-02-13
Discuss with paid preparer
Yes

Preparer

Firm
Edward Dolan & Company LLC
Address
1416 MORRIS AVE, UNION, NJ 07083
Preparer
Edward Dolan
Phone
9089640220
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $3518”

Other Expenses.1

“TELEPHONE $1137”

Other Expenses.2

“AUTO EXPENSE $1085”

Other Expenses.3

“INSURANCE $1030”

Other Expenses.4

“BANK CHARGES $30”

Raw XML Appendix142 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/PersonNm0VINCENT KUNG
IRS990EZ/BooksInCareOfDetail/PhoneNum05515004240
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0110 CHESTNUT RIDGE ROAD SUITE 320
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MONTVALE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007645
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt018184
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt022651
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04467
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0670
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt018184
IRS990EZ/Form990TotalAssetsGrp/EOYAmt022651
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt011937
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt018184
IRS990EZ/NetAssetsOrFundBalancesEOYAmt022651
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt018184
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt022651
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt015.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0VINCENT KUNG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt06800
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE FOUNDATION PROVIDES AWARENESS AND EDUCATIONAL FUNDING FOR SCHOOLING IN SKILLED TRADES BY USING THE PROCEEDS FROM DONATD VEHICLES TO EXPOSE YOUTH TO THE OPPORTUNITIES AVAILABLE IN BECOMING AN AUTOMOTIVE TECHNICIAN OR OTHE TRADE SPECIALIST.
IRS990EZ/ProgramServiceRevenueAmt011937
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING AWARENESS AND EDUCATIONAL FUNDING FOR SCHOOLING IN SKILLED TRADES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt07470
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt07470
IRS990EZ/TotalProgramServiceExpensesAmt07470
IRS990EZ/TotalRevenueAmt011937
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt011937
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt024489
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0250
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt038176
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0264
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0264
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt038440
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt011937
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt024489
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0250
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01764
IRS990ScheduleA/Total509Grp/TotalAmt038440
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt011937
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt024489
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0250
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01764
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt038440
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $3518
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TELEPHONE $1137
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AUTO EXPENSE $1085
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INSURANCE $1030
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANK CHARGES $30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VINCENT KUNG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREAT CARMA FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0A NEW JERSEY NONPROFIT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0GREA
ReturnHeader/Filer/EIN0831279535
ReturnHeader/Filer/PhoneNum02016753499
ReturnHeader/Filer/USAddress/AddressLine1Txt0110 CHESTNUT RIDGE ROAD 320
ReturnHeader/Filer/USAddress/CityNm0MONTVALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007645
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223654316
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EDWARD DOLAN & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01416 MORRIS AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0UNION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007083
ReturnHeader/PreparerPersonGrp/PhoneNum09089640220
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EDWARD DOLAN
ReturnHeader/ReturnTs02023-02-13T05:48:22-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0VINCENT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KUNG
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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