Liabilities / Assets
76th percentile
Higher debt load relative to assets than 76% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.08x
Liabilities / Revenue
85th percentile
Higher debt load relative to revenue than 85% of similar nonprofits.
Net Margin
71st percentile
Higher net margin than 71% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
48th percentile
Faster asset growth than 48% of similar nonprofits.
Revenue Growth
30th percentile
Faster revenue growth than 30% of similar nonprofits.
Balance Sheet
Assets
Up$213,296
Up $8,763 (+4.3%) from 2020
Net Assets
Up$195,212
Up $21,621 (+12%) from 2020
Liabilities
Down$18,084
Down $12,858 (-42%) from 2020
Revenue And Expenses
Revenue
Down$83,814
Down $23,712 (-22%) from 2020
Expenses
Down$62,193
Down $84,860 (-58%) from 2020
Net Income
Up$21,621
Up $61,148 (+155%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Nov 23, 2022
- Return Version
- 2021v4.1
- Gross Receipts
- $83,814
Mission and Program Overview
Mission
To assist in humanitarian efforts in Venezuela and throughout the Americas.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| The organization provided school supplies and learning toys as well as clothing and shoes to children in need. | - | $18,949 |
| The organization supplied sporting supplies and equipment to a baseball team in Columbia in coordination with the charitable foundation Baseball Without Borders. Food, educational supplies, and toys are also provided to those in vulnerable neighborhoods along with the charitable Redimir Foundation food pantry. | - | $6,904 |
| The organization provided for cancer treatment for children in Venezuela through donation of medical supplies and exam expenses through the HIGEA Foundation (formerly BADAN Foundation). School supplies and toys were also provided to these children. | - | $6,862 |
| The organization provided sports supplies and equipment as well as books to young baseball players, in coordination with the Dream Big Foundation (based in the Dominican Republic) for the purpose of improving themselves intellectually and physically in their efforts to obtain scholarships in the United States. | - | $6,779 |
| The organization paid various expenses which were in furtherance of its mission such as providing funds for scholarships and for children in need. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KARELIS CARRASCO | President | - | $0 | - | - |
| LUCAS GONZALEZ | Vice President | - | $0 | - | - |
| YENNY PARRA | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Karry Carrasco Foundation Inc
- EIN
- 83-2072399
- Phone
- 7274390089
- Address
- 1318 ALT 19, PALM HARBOR, FL 34683
Signing Officer
- Name
- Karelis Carrasco
- Title
- President
- Signed
- 2022-11-23
- Discuss with paid preparer
- Yes
Preparer
- Firm
- David Rodrigues CPA Pa
- Address
- 101 N Missouri Ave Ste 2, Clearwater, FL 33755
- Preparer
- David Rodrigues CPA Pa
- Phone
- 7274390089
Supplemental Narrative
Additional Explanations
Other Revenue.1
“Credit Card Rewards $3200”
Grants and Similar Amounts Paid In Excess of $5,000.1
“| Cash Amount Given: $6862”
Other Expenses.1002
“Office Expenses $4786”
Other Expenses.1003
“Information Technology $369”
Other Expenses.1005
“Travel $7798”
Other Expenses.1008
“Interest $478”
Other Expenses.1009
“Depreciation $6514”
Other Expenses.2
“Supplies $6904”
Other Assets.1002
“Furniture and Fixtures - Beginning $2089 Furniture and Fixtures - Ending $1767”
Other Assets.1003
“Machinery and Equipment - Beginning $10214 Machinery and Equipment - Ending $8356”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $14942 Accounts Payable and Accrued Expenses - Ending $13820”
Total Liabilities.1008
“Unsecured Notes and Loans Payable - Beginning $16000 Unsecured Notes and Loans Payable - Ending $4264”
Raw XML Appendix177 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | KARELIS CARRASCO |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7274390089 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1318 ALT 19 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | PALM HARBOR |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 34683 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 246 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 580 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 80614 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 21621 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 5163 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 204533 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 213296 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 6862 |
| IRS990EZ/GrossReceiptsAmt | 0 | 83814 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 191984 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 202593 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 173591 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 195212 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 173591 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 195212 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 3648 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KARELIS CARRASCO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | LUCAS GONZALEZ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | YENNY PARRA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 12303 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 10123 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 26849 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 3200 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To assist in humanitarian efforts in Venezuela and throughout the Americas. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 19671 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | The organization provided sports supplies and equipment as well as books to young baseball players, in coordination with the Dream Big Foundation (based in the Dominican Republic) for the purpose of improving themselves intellectually and physically in their efforts to obtain scholarships in the United States. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | The organization supplied sporting supplies and equipment to a baseball team in Columbia in coordination with the charitable foundation Baseball Without Borders. Food, educational supplies, and toys are also provided to those in vulnerable neighborhoods along with the charitable Redimir Foundation food pantry. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | The organization provided school supplies and learning toys as well as clothing and shoes to children in need. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 3 | The organization provided for cancer treatment for children in Venezuela through donation of medical supplies and exam expenses through the HIGEA Foundation (formerly BADAN Foundation). School supplies and toys were also provided to these children. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 4 | The organization paid various expenses which were in furtherance of its mission such as providing funds for scholarships and for children in need. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 6779 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 6904 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 18949 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 3 | 6862 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | FL |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 30942 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 18084 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 62193 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 39494 |
| IRS990EZ/TotalRevenueAmt | 0 | 83814 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 80614 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 107526 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 289213 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 477353 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 477353 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 80614 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 107526 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 289213 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 477353 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 80614 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 107526 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 289213 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 477353 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Credit Card Rewards $3200 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | | Cash Amount Given: $6862 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Office Expenses $4786 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Information Technology $369 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Travel $7798 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Interest $478 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Depreciation $6514 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Supplies $6904 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Furniture and Fixtures - Beginning $2089 Furniture and Fixtures - Ending $1767 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Machinery and Equipment - Beginning $10214 Machinery and Equipment - Ending $8356 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Accounts Payable and Accrued Expenses - Beginning $14942 Accounts Payable and Accrued Expenses - Ending $13820 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Unsecured Notes and Loans Payable - Beginning $16000 Unsecured Notes and Loans Payable - Ending $4264 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Revenue.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Grants and Similar Amounts Paid In Excess of $5,000.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.1008 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.1009 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Assets.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Assets.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Total Liabilities.1008 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KARELIS CARRASCO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-11-23 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | KARRY CARRASCO FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | KARR |
| ReturnHeader/Filer/EIN | 0 | 832072399 |
| ReturnHeader/Filer/PhoneNum | 0 | 7274390089 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1318 ALT 19 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PALM HARBOR |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 34683 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 593808063 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DAVID RODRIGUES CPA PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 101 N Missouri Ave Ste 2 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Clearwater |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 33755 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7274390089 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DAVID RODRIGUES CPA PA |
| ReturnHeader/ReturnTs | 0 | 2022-11-23T07:31:00-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | KARELIS |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | CARRASCO |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $213,296
- Liabilities
- $18,084
- Net assets
- $195,212
- Revenue
- $83,814
- Expenses
- $62,193
- Net income
- $21,621