Civic Intelligence

Great Carma Foundation

990EZ • Fiscal year 2019 • EIN 83-1279535

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 06, 2020

Organization ProfileWWW.GREATCARMA.ORG
110 Chestnut Ridge Road No 320Montvale, NJ 07645-1706

(201) 675-3499

Siviq Scores

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

Liabilities / Assets

97th percentile

1.68x

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

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

Liabilities / Revenue

93rd percentile

0.56x

Higher debt load relative to revenue than 93% of similar nonprofits.

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

Net Margin

21st percentile

-13%

Higher net margin than 21% 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

11th percentile

-42%

Faster asset growth than 11% of similar nonprofits.

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

Revenue Growth

83rd percentile

41%

Faster revenue growth than 83% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$825

Down $609 (-42%) from 2018

Net Assets

Down

-$564

Down $318 (-129%) from 2018

Liabilities

Down

$1,389

Down $291 (-17%) from 2018

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin21st percentile

Revenue

Up

$2,491

Up $727 (+41%) from 2018

Expenses

Up

$2,809

Up $799 (+40%) from 2018

Net Income

Down

-$318

Down $72 (-29%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$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

2019

Assets$825
Liabilities$1,389
Net Assets-$564
Open 2019 Filing

Operations Trend

Revenue Growth83rd percentile

Revenue, expenses, and net income across loaded years, with this 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

2019

Revenue$2,491
Expenses$2,809
Net Income-$318
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 6, 2020
Return Version
2019v5.1
Gross Receipts
$2,491
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.

Program Services

DescriptionGrantsExpenses
PROVIDING AWARENESS AND EDUCATIONAL FUNDING FOR SCHOOLING IN SKILLED TRADES$0$0
Compensation and Service Providers
Top Officer Pay77th 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 NO 320, MONTVALE, NJ 07645-1706

Signing Officer

Name
Vincent Kung
Title
President
Phone
8334782276
Signed
2020-11-06
Discuss with paid preparer
Yes

Preparer

Firm
Scheidel Sullivan & Lanni CPA LLC
Address
145 N FRANKLIN TURNPIKE SUITE 303, RAMSEY, NJ 07446-1634
Preparer
Timothy J Sullivan Cpaabv Cva
Phone
2012362226
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: bank charges. Amount: 30. Description: office expense. Amount: 1,283. Description: shipping. Amount: 7. Description: filling fees. Amount: 600. Description: utilities. Amount: 114. Description: taxes & licenses. Amount: 30. Description: vehicle titles. Amount: 60. Total to form 990-ez, line 16: 2,124.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: credit cards. Beg. Of year amount: 1,680. End of year amount: 1,389.”

Raw XML Appendix135 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/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TAXPAYER
IRS990EZ/BooksInCareOfDetail/PhoneNum05515004240
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0110 CHESTNUT RIDGE RD STE 320
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MONTVALE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007645
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01434
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0825
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0250
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-318
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0685
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01434
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0825
IRS990EZ/GrossReceiptsAmt02491
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-246
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-564
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-246
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-564
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt015.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0VINCENT KUNG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt02124
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE 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.
IRS990EZ/ProgramServiceRevenueAmt02241
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING AWARENESS AND EDUCATIONAL FUNDING FOR SCHOOLING IN SKILLED TRADES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01680
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01389
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt02809
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt02491
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.GREATCARMA.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0250
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01750
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0264
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0264
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt02014
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0250
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01764
IRS990ScheduleA/Total509Grp/TotalAmt02014
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0250
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01764
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02014
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK CHARGES. AMOUNT: 30. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 1,283. DESCRIPTION: SHIPPING. AMOUNT: 7. DESCRIPTION: FILLING FEES. AMOUNT: 600. DESCRIPTION: UTILITIES. AMOUNT: 114. DESCRIPTION: TAXES & LICENSES. AMOUNT: 30. DESCRIPTION: VEHICLE TITLES. AMOUNT: 60. TOTAL TO FORM 990-EZ, LINE 16: 2,124.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: CREDIT CARDS. BEG. OF YEAR AMOUNT: 1,680. END OF YEAR AMOUNT: 1,389.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0VINCENT KUNG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08334782276
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-06
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 NO 320
ReturnHeader/Filer/USAddress/CityNm0MONTVALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd0076451706
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId05AE05F2F9CEF758AC566FD2A75E5D86C68F2829E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04AB286367055D711170D85786CB4BA2C922D537B
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.187.217.212
ReturnHeader/FilingSecurityInformation/IPDt02020-11-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm009:09:34
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204116860
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHEIDEL SULLIVAN & LANNI CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0145 N FRANKLIN TURNPIKE SUITE 303
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RAMSEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0074461634
ReturnHeader/PreparerPersonGrp/PhoneNum02012362226
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TIMOTHY J SULLIVAN CPAABV CVA
ReturnHeader/ReturnTs02020-11-12T07:58:49-06:00
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
$825
Liabilities
$1,389
Net assets
-$564
Revenue
$2,491
Expenses
$2,809
Net income
-$318
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