Civic Intelligence

Lotus Charitable Foundation

990EZ • Fiscal year 2022 • EIN 84-1948482

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 27, 2023

Organization ProfileN/A
1919 Williams StSimi Valley, CA 93065

(661) 644-2068

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 2022

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2022

Net Margin

57th percentile

9.2%

Higher net margin than 57% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

60th percentile

8.1%

Faster asset growth than 60% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2022

Revenue Growth

52nd percentile

12%

Faster revenue growth than 52% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$70,314

Up $10,111 (+17%) from 2020

Net Assets

Up

$70,314

Up $10,111 (+17%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin57th percentile

Revenue

Up

$50,000

Up $10,000 (+25%) from 2020

Expenses

Up

$45,389

Up $37,171 (+452%) from 2020

Net Income

Down

$4,611

Down $27,171 (-85%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$150K$100K$50K$0Assets 2019: $0Net Assets 2019: $29,5432019Assets 2020: $60,203Net Assets 2020: $60,2032020Assets 2022: $70,314Net Assets 2022: $70,3142022Assets 2023: $100,238Net Assets 2023: $100,2382023Assets 2024: $129,373Liabilities 2024: $50,000Net Assets 2024: $79,3732024

Highlighted filing

2022

Assets$70,314
Liabilities-
Net Assets$70,314
Open 2022 Filing

Operations Trend

Revenue Growth52nd percentile

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

$100K$50K$0-$50KRevenue 2019: $39,761Expenses 2019: $10,218Net Income 2019: $29,5432019Revenue 2020: $40,000Expenses 2020: $8,218Net Income 2020: $31,7822020Revenue 2022: $50,000Expenses 2022: $45,389Net Income 2022: $4,6112022Revenue 2023: $80,000Expenses 2023: $50,076Net Income 2023: $29,9242023Revenue 2024: $50,000Expenses 2024: $70,864Net Income 2024: -$20,8642024

Highlighted filing

2022

Revenue$50,000
Expenses$45,389
Net Income$4,611
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 27, 2023
Return Version
2022v5.0
Gross Receipts
$50,000
Mission and Program Overview

Mission

Donate funds and support charitable purposes

Program Services

DescriptionGrantsExpenses
TRAVEL TO INDIA$50,000$6,350
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
YASHPAL GURUPresident-$0--
Filing and Contact Details

Filer

Filer Name
Lotus Charitable Foundation
EIN
84-1948482
Phone
6616442068
Address
1919 WILLIAMS ST, SIMI VALLEY, CA 93065

Signing Officer

Name
Yashpal Guru
Title
President
Phone
6616442068
Signed
2023-09-27
Discuss with paid preparer
Yes

Preparer

Firm
Cag Tax and Forensic Advisors Pc
Address
5130 E La Palma Ave Suite 210, Anaheim Hills, CA 92807
Preparer
Christian Gabbour
Phone
5624456645
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Donation to various charities 37789.”

Form 990EZ, Part I, Line 16

“TRAVEL EXPENSE 6350.”

Raw XML Appendix145 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0YASHPAL GURU
IRS990EZ/BooksInCareOfDetail/PhoneNum06616442068
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02655 FIRST STREET SUITE 250
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SIMI VALLEY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd093065
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt065703
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt070314
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt050000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04611
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01250
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt065703
IRS990EZ/Form990TotalAssetsGrp/EOYAmt070314
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt050000
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt065703
IRS990EZ/NetAssetsOrFundBalancesEOYAmt070314
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt065703
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt070314
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0YASHPAL GURU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt044139
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0DONATE FUNDS AND SUPPORT CHARITABLE PURPOSES
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TRAVEL TO INDIA
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt050000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt06350
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt045389
IRS990EZ/TotalProgramServiceExpensesAmt06350
IRS990EZ/TotalRevenueAmt050000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt050000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt040000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt040000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt039761
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0169761
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0169761
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt050000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt040000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt040000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt039761
IRS990ScheduleA/Total509Grp/TotalAmt0169761
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0169761
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DONATION TO VARIOUS CHARITIES 37789.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRAVEL EXPENSE 6350.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0YASHPAL GURU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06616442068
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOTUS CHARITABLE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LOTU
ReturnHeader/Filer/EIN0841948482
ReturnHeader/Filer/PhoneNum06616442068
ReturnHeader/Filer/USAddress/AddressLine1Txt01919 WILLIAMS ST
ReturnHeader/Filer/USAddress/CityNm0SIMI VALLEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093065
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0824193544
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CAG TAX AND FORENSIC ADVISORS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05130 E La Palma Ave Suite 210
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Anaheim Hills
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092807
ReturnHeader/PreparerPersonGrp/PhoneNum05624456645
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTIAN GABBOUR
ReturnHeader/ReturnTs02023-10-05T08:18:53-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0YASHPAL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GURU
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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.

Open filing
Assets
$70,314
Liabilities
-
Net assets
$70,314
Revenue
$50,000
Expenses
$45,389
Net income
$4,611
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.29$0.50$0.79$0.50$0.71$0.21
2023Detailed filing. Detailed filing data is available for this year.$1.00$1.00$0.80$0.50$0.30
2022Detailed filing. Detailed filing data is available for this year.$0.70$0.70$0.50$0.45$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.60$0.60$0.40$0.08$0.32
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.30$0.40$0.10$0.30