Civic Intelligence

Jamari Foundation

990 • Fiscal year 2019 • EIN 84-3677199

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 07, 2020

9314 Sierra Mar DriveLos Angeles, CA 90069

(310) 779-0515

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$225,000

No earlier filing loaded for comparison.

Net Assets

$225,000

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$225,000

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$225,000

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2019: $225,000Liabilities 2019: $0Net Assets 2019: $225,0002019Assets 2020: $375,415Liabilities 2020: $0Net Assets 2020: $375,4152020Assets 2021: $260,184Liabilities 2021: $0Net Assets 2021: $260,1842021Assets 2022: $225,471Liabilities 2022: $0Net Assets 2022: $225,4712022Assets 2023: $272,258Liabilities 2023: $0Net Assets 2023: $272,2582023Assets 2024: $215,970Net Assets 2024: $215,9702024

Highlighted filing

2019

Assets$225,000
Liabilities$0
Net Assets$225,000

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2019: $225,000Expenses 2019: $0Net Income 2019: $225,0002019Revenue 2020: $200,000Expenses 2020: $49,585Net Income 2020: $150,4152020Revenue 2021: $27Expenses 2021: $61,420Net Income 2021: -$61,3932021Revenue 2022: $10,500Expenses 2022: $45,213Net Income 2022: -$34,7132022Revenue 2023: $100,000Expenses 2023: $53,213Net Income 2023: $46,7872023Revenue 2024: $0Expenses 2024: $56,288Net Income 2024: -$56,2882024

Highlighted filing

2019

Revenue$225,000
Expenses$0
Net Income$225,000
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 7, 2020
Return Version
2019v5.0
Gross Receipts
$225,000
Mission and Program Overview

Mission

To provide support to other charitable organizations and to other charities for health and nature preservation

The organization's purpose is to provide support to orphanages and disabled people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$225,000-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$0$225,000▲ $225,000
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$225,000-
Total Net Assets Fund Balance$0$225,000▲ $225,000
Total Liabilities and Net Assets / Fund Balance$0$225,000▲ $225,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Shrikant TamhanePresident
Maya TamhaneExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$225,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$225,000
Change in Net Assets
$225,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

President (father) and Executive Director (daughter) are related.

Form 990, Part VI, Line 11B: Form 990 Review Process

The organization's president and officer reviewed Form 990 before filing.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

Tax returns will be available to the public upon request.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Jamari Foundation
EIN
84-3677199
Phone
3107790515
Address
9314 Sierra Mar Drive, Los Angeles, CA 90069

Signing Officer

Name
Shrikant Tamhane
Title
President
Phone
3107790515
Signed
2020-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shrikant Tamhane
Formed
2019
Legal Domicile
CA
Voting Board Members
2
Independent Board Members
0
Employees
0

Preparer

Firm
Dichoso and Company CPA Inc
Address
9350 Wilshire Blvd 203, Beverly Hills, CA 90212
Preparer
Van Gerard Dichoso CPA
Phone
3236947408
Supplemental Narrative

Additional Explanations

Schedule of Contributors

As a supplement to the explanation on Schedule A, Part VI, the organization's founder and president's original intent was to establish a private foundation with his initial contribution of $225,000, and to file an initial Form 990-PF. Its current officers and directors intend to restructure its policies and procedures to comply with IRS requirements in subsequent years.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4As a supplement to the explanation on Schedule A, Part VI, the organization's founder and president's original intent was to establish a private foundation with his initial contribution of $225,000, and to file an initial Form 990-PF. Its current officers and directors intend to restructure its policies and procedures to comply with IRS requirements in subsequent years.
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ReturnHeader/ReturnTs02020-11-07T21:54:46-08:00
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