Civic Intelligence

Okni Foundation

990EZ • Fiscal year 2023 • EIN 83-2240727

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 31, 2024

Organization ProfileOKNI.ORG
7550 Mcconnell AvenueLos Angeles, CA 90045

(818) 636-4206

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

55th percentile

6.1%

Higher net margin than 55% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

97th percentile

272%

Faster asset growth than 97% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

98th percentile

613%

Faster revenue growth than 98% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$7,444

Up $5,444 (+272%) from 2022

Net Assets

Up

$7,444

Up $5,444 (+272%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin55th percentile

Revenue

Up

$89,100

Up $76,600 (+613%) from 2022

Expenses

Up

$83,656

Up $32,341 (+63%) from 2022

Net Income

Up

$5,444

Up $44,259 (+114%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$60K$40K$20K$0Assets 2018: $1,920Net Assets 2018: $1,9202018Assets 2019: $11,885Net Assets 2019: $11,8852019Assets 2020: $13,868Net Assets 2020: $13,8682020Assets 2021: $40,815Net Assets 2021: $40,8152021Assets 2022: $2,000Net Assets 2022: $2,0002022Assets 2023: $7,444Net Assets 2023: $7,4442023Assets 2024: $9,614Net Assets 2024: $9,6142024

Highlighted filing

2023

Assets$7,444
Liabilities-
Net Assets$7,444
Open 2023 Filing

Operations Trend

Revenue Growth98th percentile

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

$150K$100K$50K$0-$50KRevenue 2018: $13,790Expenses 2018: $11,870Net Income 2018: $1,9202018Revenue 2019: $10,000Expenses 2019: $35Net Income 2019: $9,9652019Revenue 2020: $91,980Expenses 2020: $89,997Net Income 2020: $1,9832020Revenue 2021: $129,703Expenses 2021: $102,756Net Income 2021: $26,9472021Revenue 2022: $12,500Expenses 2022: $51,315Net Income 2022: -$38,8152022Revenue 2023: $89,100Expenses 2023: $83,656Net Income 2023: $5,4442023Revenue 2024: $43,200Expenses 2024: $41,030Net Income 2024: $2,1702024

Highlighted filing

2023

Revenue$89,100
Expenses$83,656
Net Income$5,444
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 31, 2024
Return Version
2023v5.1
Gross Receipts
$89,100
Mission and Program Overview

Mission

To inspire, encourage and unite communities by helping fund social programs.

Program Services

DescriptionGrantsExpenses
ORGANIZE & IMPLEMENT LAS MANANITAS MUSICAL FESTIVAL IN LOS ANGELES FEATURING MUSIC ON STAGE, A KIDS CARNAVAL AND OVER 100 EXHIBIT BOOTHS OF LOCAL & NATIONAL COMPANIES.-$81,604
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KRISTEN SEMERDJIANCEOPT$0--
Filing and Contact Details

Filer

Filer Name
Okni Foundation
EIN
83-2240727
Phone
8186364206
Address
7550 MCCONNELL AVENUE, LOS ANGELES, CA 90045

Signing Officer

Name
Kristen Semerdjian
Title
CEO
Signed
2024-10-31
Discuss with paid preparer
Yes

Preparer

Firm
IntellTax
Address
6303 Owensmouth Ave 10th Floor Suit, Woodland Hills, CA 91367
Preparer
Narine Harootoonian
Phone
8186419987
Supplemental Narrative

Additional Explanations

Other Expenses.1

“EVENT MANAGEMENT $80180”

Other Expenses.2

“EVENT LABOR $1424”

Other Expenses.3

“BANK CHARGES $1159”

Other Expenses.4

“merchange fees $73”

Raw XML Appendix139 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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IRS990EZ/BooksInCareOfDetail/PhoneNum08187486053
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090045
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02000
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IRS990EZ/ExcessOrDeficitForYearAmt05444
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0820
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IRS990EZ/FundraisingGrossIncomeAmt00
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IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt02000
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt02000
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07444
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KRISTEN SEMERDJIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt082836
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO INSPIRE, ENCOURAGE AND UNITE COMMUNITIES BY HELPING FUND SOCIAL PROGRAMS.
IRS990EZ/ProgramServiceRevenueAmt089100
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt081604
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt083656
IRS990EZ/TotalProgramServiceExpensesAmt081604
IRS990EZ/TotalRevenueAmt089100
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0OKNI.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt016000
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt089100
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt012500
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0124703
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt090980
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0317283
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0333283
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt089100
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt012500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0129703
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt091980
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt010000
IRS990ScheduleA/Total509Grp/TotalAmt0333283
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt089100
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt012500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0129703
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt091980
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt010000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0333283
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EVENT MANAGEMENT $80180
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EVENT LABOR $1424
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANK CHARGES $1159
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3merchange fees $73
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.4
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KRISTEN SEMERDJIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OKNI FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0OKNI
ReturnHeader/Filer/EIN0832240727
ReturnHeader/Filer/PhoneNum08186364206
ReturnHeader/Filer/USAddress/AddressLine1Txt07550 MCCONNELL AVENUE
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090045
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464082338
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06303 Owensmouth Ave 10th Floor Suit
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Woodland Hills
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091367
ReturnHeader/PreparerPersonGrp/PhoneNum08186419987
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NARINE HAROOTOONIAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-10-31T15:27:24-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,444
Liabilities
-
Net assets
$7,444
Revenue
$89,100
Expenses
$83,656
Net income
$5,444
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.10$0.10$0.43$0.41$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.07$0.07$0.89$0.84$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.13$0.51$0.39
2021Detailed filing. Detailed filing data is available for this year.$0.41$0.41$1.30$1.03$0.27
2020Detailed filing. Detailed filing data is available for this year.$0.14$0.14$0.92$0.90$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.12$0.12$0.10$0.00$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.14$0.12$0.02