Civic Intelligence

Dharma Karma Foundation

990PF • Fiscal year 2021 • EIN 83-1495133

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 02, 2022

Organization Profile
Foundation Source 501 Silverside RdWilmington, DE 19809-1377

(800) 839-1754

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2021 filings • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

18th percentile

0.00x

Higher debt load relative to revenue than 18% of similar nonprofits.

2021 filings • $10M-$25M nonprofits • Source year 2021

Net Margin

98th percentile

97%

Higher net margin than 98% of similar nonprofits.

2021 filings • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

24th percentile

$0

Higher top officer pay than 24% of similar nonprofits.

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

2021 filings • $10M-$25M nonprofits • Source year 2021

Asset Growth

100th percentile

2398%

Faster asset growth than 100% of similar nonprofits.

2021 filings • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

100th percentile

132635%

Faster revenue growth than 100% of similar nonprofits.

2021 filings • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$23,394,604

Up $22,458,195 (+2398%) from 2020

Net Assets

Up

$23,394,604

Up $22,458,195 (+2398%) from 2020

Liabilities

Down

$0

Down $1 (-100%) from 2020

Revenue And Expenses
Liabilities / Revenue18th percentileNet Margin98th percentile

Revenue

Up

$23,190,047

Up $23,172,576 (+132635%) from 2020

Expenses

Up

$731,852

Up $666,134 (+1014%) from 2020

Net Income

Up

$22,458,195

Up $22,506,442 (+46648%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$30M$20M$10M$0Assets 2019: $984,656Liabilities 2019: $1Net Assets 2019: $984,6562019Assets 2020: $936,409Liabilities 2020: $1Net Assets 2020: $936,4092020Assets 2021: $23,394,604Liabilities 2021: $0Net Assets 2021: $23,394,6042021Assets 2022: $25,932,826Liabilities 2022: $1Net Assets 2022: $25,932,8262022Assets 2023: $24,880,015Liabilities 2023: $5,985Net Assets 2023: $24,874,0302023Assets 2024: $22,110,775Liabilities 2024: $0Net Assets 2024: $22,110,7752024

Highlighted filing

2021

Assets$23,394,604
Liabilities$0
Net Assets$23,394,604
Open 2021 Filing

Operations Trend

Revenue Growth100th percentile

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

$30M$20M$10M$0-$10MRevenue 2019: $24,409Expenses 2019: $23,858Net Income 2019: $5512019Revenue 2020: $17,471Expenses 2020: $65,718Net Income 2020: -$48,2472020Revenue 2021: $23,190,047Expenses 2021: $731,852Net Income 2021: $22,458,1952021Revenue 2022: $4,285,381Expenses 2022: $1,747,159Net Income 2022: $2,538,2222022Revenue 2023: $1,216,590Expenses 2023: $2,275,386Net Income 2023: -$1,058,7962023Revenue 2024: -$359,811Expenses 2024: $2,403,444Net Income 2024: -$2,763,2552024

Highlighted filing

2021

Revenue$23,190,047
Expenses$731,852
Net Income$22,458,195
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 2, 2022
Return Version
2021v4.2
Compensation and Service Providers
Top Officer Pay24th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Arvind Peter RelanDir, Pres, Sec, Treas-$0--
Filing and Contact Details

Filer

Filer Name
Dharma Karma Foundation
EIN
83-1495133
In Care Of
% Foundation Source
Phone
8008391754
Address
Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377

Signing Officer

Name
Arvind Peter Relan
Title
President
Phone
8008391754
Signed
2022-11-02
Discuss with paid preparer
Yes

Preparer

Firm
Foundation Source
Address
3333 New Hyde Park Rd Ste 406, New Hyde Park, NY 11042
Preparer
Jeffrey D Haskell
Phone
8008391754
Raw XML Appendix284 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.

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IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt02021-03-04
IRS990ScheduleB/Organization501c3ExemptPFInd0X
LiquidationExplanationStmt/ExplanationTxt0As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $708,294. This amount represents 25% or more of the Foundation's net assets of $959,193 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2021. Although the Foundation technically experienced a substantial contraction it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0Administrative Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1Bank Charges
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2K-1 Exp VSC VENTURES FUND I, L
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3State or Local Filing Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt013973
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt125
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt0150
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt12094
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt013973
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1150
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt22094
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt325
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt090
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt1250
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0Investment Management Services
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt1PHILANTHROPIC CONSULTING SRVCS
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt0250
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt090
TaxesSchedule/TaxesDetail/Amt0250
TaxesSchedule/TaxesDetail/CategoryTxt0990-PF Extension for 2020
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ARVIND PETER RELAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08008391754
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Dharma Karma Foundation
ReturnHeader/Filer/BusinessNameControlTxt0DHAR
ReturnHeader/Filer/EIN0831495133
ReturnHeader/Filer/InCareOfNm0% Foundation Source
ReturnHeader/Filer/PhoneNum08008391754
ReturnHeader/Filer/USAddress/AddressLine1Txt0Foundation Source 501 Silverside Rd
ReturnHeader/Filer/USAddress/CityNm0Wilmington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DE
ReturnHeader/Filer/USAddress/ZIPCd0198091377
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Foundation Source
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03333 New Hyde Park Rd Ste 406
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New Hyde Park
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011042
ReturnHeader/PreparerPersonGrp/PhoneNum08008391754
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeffrey D Haskell
ReturnHeader/ReturnTs02022-11-08T15:18:10-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ARVIND PETER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RELAN
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$23,394,604
Liabilities
$0
Net assets
$23,394,604
Revenue
$23,190,047
Expenses
$731,852
Net income
$22,458,195
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$22.1$0.00$22.1$0.36$2.40$2.76
2023Detailed filing. Detailed filing data is available for this year.$24.9$0.01$24.9$1.22$2.28$1.06
2022Detailed filing. Detailed filing data is available for this year.$25.9$0.00$25.9$4.29$1.75$2.54
2021Detailed filing. Detailed filing data is available for this year.$23.4$0.00$23.4$23.2$0.73$22.5
2020Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.02$0.07$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$0.02$0.02$0.00