Civic Intelligence

Great Carma Foundation

990EZ • Fiscal year 2020 • EIN 83-1279535

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 29, 2021

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

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

95th percentile

77%

Higher net margin than 95% 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

99th percentile

2104%

Faster asset growth than 99% of similar nonprofits.

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

Revenue Growth

99th percentile

883%

Faster revenue growth than 99% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$18,184

Up $17,359 (+2104%) from 2019

Net Assets

Up

$18,184

Up $18,748 (+3324%) from 2019

Liabilities

Down

$0

Down $1,389 (-100%) from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin95th percentile

Revenue

Up

$24,489

Up $21,998 (+883%) from 2019

Expenses

Up

$5,741

Up $2,932 (+104%) from 2019

Net Income

Up

$18,748

Up $19,066 (+5996%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth99th 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

2020

Assets$18,184
Liabilities$0
Net Assets$18,184
Open 2020 Filing

Operations Trend

Revenue Growth99th 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

2020

Revenue$24,489
Expenses$5,741
Net Income$18,748
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 29, 2021
Return Version
2020v4.1
Gross Receipts
$24,489
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 Pay76th 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
2021-11-29
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: 20. Description: office expense. Amount: 3,967. Description: telephone expense. Amount: 983. Description: tools. Amount: 190. Description: taxes & licenses. Amount: 61. Description: vehicle titles. Amount: 217. Description: website expenses. Amount: 303. Total to form 990-ez, line 16: 5,741.”

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

“Description: credit cards. Beg. Of year amount: 1,389. End of year amount: 0.”

Raw XML Appendix133 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/BOYAmt0825
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt018184
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt018748
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0825
IRS990EZ/Form990TotalAssetsGrp/EOYAmt018184
IRS990EZ/GrossReceiptsAmt024489
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-564
IRS990EZ/NetAssetsOrFundBalancesEOYAmt018184
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-564
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt018184
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/OtherExpensesTotalAmt05741
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/ProgramServiceRevenueAmt024489
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/BOYAmt01389
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt05741
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt024489
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.GREATCARMA.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt024489
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0250
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt026239
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0264
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0264
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt026503
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt024489
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0250
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01764
IRS990ScheduleA/Total509Grp/TotalAmt026503
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt024489
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0250
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01764
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt026503
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK CHARGES. AMOUNT: 20. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 3,967. DESCRIPTION: TELEPHONE EXPENSE. AMOUNT: 983. DESCRIPTION: TOOLS. AMOUNT: 190. DESCRIPTION: TAXES & LICENSES. AMOUNT: 61. DESCRIPTION: VEHICLE TITLES. AMOUNT: 217. DESCRIPTION: WEBSITE EXPENSES. AMOUNT: 303. TOTAL TO FORM 990-EZ, LINE 16: 5,741.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: CREDIT CARDS. BEG. OF YEAR AMOUNT: 1,389. END OF YEAR AMOUNT: 0.
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0VINCENT KUNG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08334782276
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-29
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/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/PreparationDt02021-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TIMOTHY J SULLIVAN CPAABV CVA
ReturnHeader/ReturnTs02021-12-02T07:39:05-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0VINCENT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KUNG
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
$18,184
Liabilities
$0
Net assets
$18,184
Revenue
$24,489
Expenses
$5,741
Net income
$18,748
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