Liabilities / Assets
100th percentile
Higher debt load relative to assets than 100% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
180.62x
Liabilities / Revenue
91st percentile
Higher debt load relative to revenue than 91% of similar nonprofits.
Net Margin
44th percentile
Higher net margin than 44% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$13
No earlier filing loaded for comparison.
Net Assets
-$2,335
No earlier filing loaded for comparison.
Liabilities
$2,348
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$5,625
No earlier filing loaded for comparison.
Expenses
$5,550
No earlier filing loaded for comparison.
Net Income
$75
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Oct 1, 2021 to Sep 30, 2022
- Signed
- Jul 18, 2023
- Return Version
- 2021v4.2
- Gross Receipts
- $5,625
Mission and Program Overview
Mission
To raise funds to be used for promotion and development of spiritual music and fostering musical connections between different faiths and genres.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROMOTION AND DEVELOPMENT OF SPIRITUAL MUSIC AND FOSTERING MUSICAL CONNECTIONS BETWEEN DIFFERENT FAITHS AND GENRES | $5,625 | $5,550 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| RIYAZ G GULAMANI | CEO | PT | $0 | - | - |
| NASHILA R GULAMANI | CFO | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Jollygul Inc
- EIN
- 83-2437769
- Phone
- 6502741559
- Address
- 470 HARVEST PARK DR STE A, BRENTWOOD, CA 94513
Signing Officer
- Name
- Riyaz Gulamani
- Title
- CEO
- Phone
- 6502741559
- Signed
- 2023-07-18
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Cereus Investment Inc
- Address
- 1855 HAMILTON AVENUE SUITE 101, SAN JOSE, CA 95125
- Preparer
- Quynh L Ho CPA
- Phone
- 4083717761
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: bank service fees. Amount: 199. Description: business registration fees. Amount: 222. Description: accounting fees. Amount: 1,200. Description: video editing charges. Amount: 753. Description: video making. Amount: 1,530. Description: web hosting. Amount: 548. Description: expenses. Amount: 240. Description: state tax. Amount: 858. Total to form 990-ez, line 16: 5,550.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: due to ray gulamani. Beg. Of year amount: 2,453. End of year amount: 2,348.”
Form 990-ez, Line A
“Form 990-ez line a tax period is shown as 10/1/2021 to 9/30/2022 for electronic filing purposes only. The tax return is actually a short year tax return with date beginning 3/3/2022 to 9/30/2022. On 3/26/2022 jollygul inc received an letter from the irs granting their 501-c status as of 3/3/2022. For the period from 10/1/2021 to 3/2/2022, jollygul inc was a corporation and have filed a corporate tax return for this period. Since we are unable to electronically file the 2021 form 990-ez with tax period beginning in 3/3/2022, the full tax period of 10/1/2021 to 9/30/2022 was entered.”
Raw XML Appendix124 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 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | RIYAZ GULAMANI |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6502741559 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 470 HARVEST PARK DR STE A |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BRENTWOOD |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 94513 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 43 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 13 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 75 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 43 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 13 |
| IRS990EZ/GrossReceiptsAmt | 0 | 5625 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InitialReturnInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -2410 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -2335 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -2410 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -2335 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | RIYAZ G GULAMANI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | NASHILA R GULAMANI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CEO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | CFO |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 5550 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO RAISE FUNDS TO BE USED FOR PROMOTION AND DEVELOPMENT OF SPIRITUAL MUSIC AND FOSTERING MUSICAL CONNECTIONS BETWEEN DIFFERENT FAITHS AND GENRES. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 5625 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROMOTION AND DEVELOPMENT OF SPIRITUAL MUSIC AND FOSTERING MUSICAL CONNECTIONS BETWEEN DIFFERENT FAITHS AND GENRES |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 5625 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 5550 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 2453 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 2348 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 5550 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 5550 |
| IRS990EZ/TotalRevenueAmt | 0 | 5625 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | THIS IS OUR FIRST SHORT FISCAL YEAR AS AN EXEMPT ORGANIZATION |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | SCHEDULE A PART VI |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: BANK SERVICE FEES. AMOUNT: 199. DESCRIPTION: BUSINESS REGISTRATION FEES. AMOUNT: 222. DESCRIPTION: ACCOUNTING FEES. AMOUNT: 1,200. DESCRIPTION: VIDEO EDITING CHARGES. AMOUNT: 753. DESCRIPTION: VIDEO MAKING. AMOUNT: 1,530. DESCRIPTION: WEB HOSTING. AMOUNT: 548. DESCRIPTION: EXPENSES. AMOUNT: 240. DESCRIPTION: STATE TAX. AMOUNT: 858. TOTAL TO FORM 990-EZ, LINE 16: 5,550. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: DUE TO RAY GULAMANI. BEG. OF YEAR AMOUNT: 2,453. END OF YEAR AMOUNT: 2,348. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | FORM 990-EZ LINE A TAX PERIOD IS SHOWN AS 10/1/2021 TO 9/30/2022 FOR ELECTRONIC FILING PURPOSES ONLY. THE TAX RETURN IS ACTUALLY A SHORT YEAR TAX RETURN WITH DATE BEGINNING 3/3/2022 TO 9/30/2022. ON 3/26/2022 JOLLYGUL INC RECEIVED AN LETTER FROM THE IRS GRANTING THEIR 501-C STATUS AS OF 3/3/2022. FOR THE PERIOD FROM 10/1/2021 TO 3/2/2022, JOLLYGUL INC WAS A CORPORATION AND HAVE FILED A CORPORATE TAX RETURN FOR THIS PERIOD. SINCE WE ARE UNABLE TO ELECTRONICALLY FILE THE 2021 FORM 990-EZ WITH TAX PERIOD BEGINNING IN 3/3/2022, THE FULL TAX PERIOD OF 10/1/2021 TO 9/30/2022 WAS ENTERED. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, LINE A |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE 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/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | RIYAZ GULAMANI |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6502741559 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-07-18 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | JOLLYGUL INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | JOLL |
| ReturnHeader/Filer/EIN | 0 | 832437769 |
| ReturnHeader/Filer/PhoneNum | 0 | 6502741559 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 470 HARVEST PARK DR STE A |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BRENTWOOD |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 94513 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 455585931 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CEREUS INVESTMENT INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1855 HAMILTON AVENUE SUITE 101 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SAN JOSE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 95125 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4083717761 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | QUYNH L HO CPA |
| ReturnHeader/ReturnTs | 0 | 2023-07-18T13:07:33-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | RIYAZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | GULAMANI |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-09-30 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $13
- Liabilities
- $2,348
- Net assets
- -$2,335
- Revenue
- $5,625
- Expenses
- $5,550
- Net income
- $75
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $4.46 | $2.35 | $2.11 | $11.3 | $7.07 | $4.25 |
| 2023Detailed filing. Detailed filing data is available for this year. | $0.21 | $2.35 | $2.14 | $6.38 | $6.19 | $0.20 |
| 2022Detailed filing. Detailed filing data is available for this year. | $0.01 | $2.35 | $2.34 | $5.63 | $5.55 | $0.08 |