Civic Intelligence

Sark Foundation Inc.

990EZ • Fiscal year 2022 • EIN 86-1206065

Jan 01, 2022 to Dec 31, 2022 • Filed on Mar 10, 2023

Organization ProfileN/A
42 Pettit Pl Suite BPrinceton, NJ 08540

(609) 915-9343

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

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2022

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

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

2022 filings • NTEE T99 • <$500k nonprofits • Source year 2022

Asset Growth

82nd percentile

74%

Faster asset growth than 82% of similar nonprofits.

2022 filings • NTEE T99 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

35th percentile

-26%

Faster revenue growth than 35% of similar nonprofits.

2022 filings • NTEE T99 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$230,544

Up $98,308 (+74%) from 2021

Net Assets

Up

$230,544

Up $98,308 (+74%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$98,308

Down $33,928 (-26%) from 2021

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth82nd percentile

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

$300K$200K$100K$0Assets 2021: $132,236Net Assets 2021: $132,2362021Assets 2022: $230,544Net Assets 2022: $230,5442022Assets 2024: $210,544Net Assets 2024: $210,5442024

Highlighted filing

2022

Assets$230,544
Liabilities-
Net Assets$230,544
Open 2022 Filing

Operations Trend

Revenue Growth35th percentile

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

$150K$100K$50K$0-$50KRevenue 2021: $132,2362021Revenue 2022: $98,3082022Revenue 2024: $0Expenses 2024: $20,000Net Income 2024: -$20,0002024

Highlighted filing

2022

Revenue$98,308
Expenses-
Net Income-
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 10, 2023
Return Version
2022v4.1
Gross Receipts
$98,308
Mission and Program Overview

Mission

Support philanthropic and charitable giving on behalf of the khan family members and all other lawful activities under state law

Program Services

DescriptionGrantsExpenses
None$0$0
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHAMAFA L KHANPresident-$0--
RAIHAN U KHANSecretary-$0--
ZACHARY ALIBoard Member-$0--
SANJIDA KHANBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Sark Foundation Inc
EIN
86-1206065
Phone
6099159343
Address
42 PETTIT PL SUITE B, PRINCETON, NJ 08540

Signing Officer

Name
Shamafa L Khan
Title
President
Phone
6099159343
Signed
2023-03-10
Discuss with paid preparer
Yes

Preparer

Firm
Ram Associates
Address
3240 E STATE ST EXTENSION, HAMILTON, NJ 08619
Preparer
Pkramachandran
Phone
6096319552
Raw XML Appendix152 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/USAddress/CityNm0PRINCETON
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IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0132236
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SHAMAFA L KHAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RAIHAN U KHAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ZACHARY ALI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SANJIDA KHAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SUPPORT PHILANTHROPIC AND CHARITABLE GIVING ON BEHALF OF THE KHAN FAMILY MEMBERS AND ALL OTHER LAWFUL ACTIVITIES UNDER STATE LAW
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0None
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt098308
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt098308
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0132236
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0230544
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/PublicSupportTotal509Amt0230544
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt098308
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0132236
IRS990ScheduleA/Total509Grp/TotalAmt0230544
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0230544
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
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/PersonNm0SHAMAFA L KHAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06099159343
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SARK FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SARK
ReturnHeader/Filer/EIN0861206065
ReturnHeader/Filer/PhoneNum06099159343
ReturnHeader/Filer/USAddress/AddressLine1Txt042 PETTIT PL SUITE B
ReturnHeader/Filer/USAddress/CityNm0PRINCETON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008540
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223482445
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RAM ASSOCIATES
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HAMILTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
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ReturnHeader/PreparerPersonGrp/PhoneNum06096319552
ReturnHeader/PreparerPersonGrp/PreparationDt02023-03-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PKRAMACHANDRAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-03-12T07:23:10-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SHAMAFA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KHAN
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
$230,544
Liabilities
-
Net assets
$230,544
Revenue
$98,308
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.11$2.11$0.00$0.20$0.20
2022Detailed filing. Detailed filing data is available for this year.$2.31$2.31$0.98
2021Detailed filing. Detailed filing data is available for this year.$1.32$1.32$1.32