Civic Intelligence

Mahakaruna Foundation

990EZ • Fiscal year 2023 • EIN 93-0845103

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 13, 2024

PO Box 83Cazadero, CA 95421

(707) 632-5629

Siviq Scores

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

Liabilities / Assets

79th percentile

0.09x

Higher debt load relative to assets than 79% of similar nonprofits.

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

Liabilities / Revenue

89th percentile

0.26x

Higher debt load relative to revenue than 89% of similar nonprofits.

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

Net Margin

4th percentile

-173%

Higher net margin than 4% 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

16th percentile

-34%

Faster asset growth than 16% of similar nonprofits.

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

Revenue Growth

66th percentile

22%

Faster revenue growth than 66% of similar nonprofits.

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

Assets

Down

$268,428

Down $138,510 (-34%) from 2022

Net Assets

Down

$243,428

Down $163,510 (-40%) from 2022

Liabilities

Up

$25,000

Up $25,000 from 2022

Revenue

Up

$94,763

Up $16,831 (+22%) from 2022

Expenses

Up

$258,273

Up $247,919 (+2394%) from 2022

Net Income

Down

-$163,510

Down $231,088 (-342%) from 2022

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $147,261Liabilities 2011: $0Net Assets 2011: $147,2612011Assets 2012: $175,930Liabilities 2012: $02012Assets 2013: $44,047Liabilities 2013: $02013Assets 2014: $62,975Liabilities 2014: $02014Assets 2015: $42,161Liabilities 2015: $02015Assets 2016: $54,377Liabilities 2016: $02016Assets 2017: $72,566Liabilities 2017: $02017Assets 2018: $78,404Liabilities 2018: $02018Assets 2019: $172,522Liabilities 2019: $02019Assets 2020: $257,044Liabilities 2020: $02020Assets 2021: $339,359Liabilities 2021: $0Net Assets 2021: $339,3592021Assets 2022: $406,938Liabilities 2022: $0Net Assets 2022: $406,9382022Assets 2023: $268,428Liabilities 2023: $25,000Net Assets 2023: $243,4282023Assets 2024: $198,194Liabilities 2024: $0Net Assets 2024: $198,1942024

Highlighted filing

2023

Assets$268,428
Liabilities$25,000
Net Assets$243,428

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $203,512Expenses 2011: $96,972Net Income 2011: $106,5402011Revenue 2012: $36,679Expenses 2012: $8,010Net Income 2012: $28,6692012Revenue 2013: $95,002Expenses 2013: $226,885Net Income 2013: -$131,8832013Revenue 2014: $42,420Expenses 2014: $23,493Net Income 2014: $18,9272014Revenue 2015: $57,579Expenses 2015: $78,393Net Income 2015: -$20,8142015Revenue 2016: $56,991Expenses 2016: $44,775Net Income 2016: $12,2162016Revenue 2017: $59,647Expenses 2017: $41,458Net Income 2017: $18,1892017Revenue 2018: $104,107Expenses 2018: $98,269Net Income 2018: $5,8382018Revenue 2019: $103,768Expenses 2019: $9,650Net Income 2019: $94,1182019Revenue 2020: $89,248Expenses 2020: $4,727Net Income 2020: $84,5212020Revenue 2021: $90,549Expenses 2021: $8,233Net Income 2021: $82,3162021Revenue 2022: $77,932Expenses 2022: $10,354Net Income 2022: $67,5782022Revenue 2023: $94,763Expenses 2023: $258,273Net Income 2023: -$163,5102023Revenue 2024: $118,731Expenses 2024: $163,965Net Income 2024: -$45,2342024

Highlighted filing

2023

Revenue$94,763
Expenses$258,273
Net Income-$163,510
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.0
Gross Receipts
$94,763
Mission and Program Overview

Mission

The organization's primary exempt purpose is to assist the old, sick, undernourished, and undereducated peoples of Buddhist Asia, and to help preserve the ancient Buddhist heritage and culture of Tibet.

Program Services

DescriptionGrantsExpenses
Akshobhya meditation practice and mantra recitation by monastics holding vows of poverty was done for 1,234 beings, and 96 sacred images of the Buddha Akshobhya were created.$114,824$114,824
Support for the education, training, housing, medical and physical care, and food for Tibetan Buddhist lamas.$90,753$90,753
The lives of 366 yaks were ransomed in Tibet so that these animals can live out their lives in peace, while supporting Tibetan nomadic families with milk and hair (they will now not be slaughtered for meat or used as beasts of burden).$33,312$33,312
General support of monastics holding vows of poverty (food, clothing, housing)$14,377$14,377
Support for monastics holding vows of poverty to conduct religious ceremonies for a deceased person$180$180
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jigme TromgePresident And Director-$0--
Jane TromgeVice President And Director-$0--
David PicciottoSecretary, Treasurer, And DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Mahakaruna Foundation
EIN
93-0845103
Phone
7076325629
Address
PO Box 83, Cazadero, CA 95421

Signing Officer

Name
Dave Picciotto
Title
Treasurer
Phone
7076325629
Signed
2024-11-13
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

45 for wire fee charged by bank, 50 for annual report filing fee, 82 for PO Box rental, 61 for new paper checks for checking account

Form 990-EZ, Part II, Line 26

Short term interest free loan for 25,000

Raw XML Appendix196 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/CityNm0Cazadero
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President and Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary, Treasurer, and Director
IRS990EZ/OperateHospitalInd00
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IRS990EZ/PoliticalCampaignActyInd00
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IRS990EZ/PrintingPublicationsPostageAmt01882
IRS990EZ/ProgramServiceRevenueAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Support for the education, training, housing, medical and physical care, and food for Tibetan Buddhist lamas.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0114824
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt233312
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt028
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0793
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt045 for wire fee charged by bank, 50 for annual report filing fee, 82 for PO Box rental, 61 for new paper checks for checking account
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Short term interest free loan for 25,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Dave Picciotto
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum07076325629
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAHAKARUNA FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MAHA
ReturnHeader/Filer/EIN0930845103
ReturnHeader/Filer/PhoneNum07076325629
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 83
ReturnHeader/Filer/USAddress/CityNm0Cazadero
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095421
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02024-11-13T17:57:14-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.98$0.00$1.98$1.19$1.64$0.45
2023Detailed filing. Detailed filing data is available for this year.$2.68$0.25$2.43$0.95$2.58$1.64
2022Detailed filing. Detailed filing data is available for this year.$4.07$0.00$4.07$0.78$0.10$0.68
2021Detailed filing. Detailed filing data is available for this year.$3.39$0.00$3.39$0.91$0.08$0.82
2020Summary only. Only limited summary data is available for this year.$2.57$0.00$0.89$0.05$0.85
2019Summary only. Only limited summary data is available for this year.$1.73$0.00$1.04$0.10$0.94
2018Summary only. Only limited summary data is available for this year.$0.78$0.00$1.04$0.98$0.06
2017Summary only. Only limited summary data is available for this year.$0.73$0.00$0.60$0.41$0.18
2016Summary only. Only limited summary data is available for this year.$0.54$0.00$0.57$0.45$0.12
2015Summary only. Only limited summary data is available for this year.$0.42$0.00$0.58$0.78$0.21
2014Summary only. Only limited summary data is available for this year.$0.63$0.00$0.42$0.23$0.19
2013Summary only. Only limited summary data is available for this year.$0.44$0.00$0.95$2.27$1.32
2012Summary only. Only limited summary data is available for this year.$1.76$0.00$0.37$0.08$0.29
2011Summary only. Only limited summary data is available for this year.$1.47$0.00$1.47$2.04$0.97$1.07