Civic Intelligence

The Kasmar Foundation

EIN 93-2617205 • 501(c)3 • Ellington, CT

990-N CoverageNTEE E21

Profile

To raise funds for addiction recovery support via online auctions

4 Katherine WayEllington, CT 06029

autograph pros, llc

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

58th percentile

0.00x

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

NTEE E • <$500k nonprofits • Source year 2024

Liabilities / Revenue

60th percentile

0.00x

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

NTEE E • <$500k nonprofits • Source year 2024

Net Margin

46th percentile

5.1%

Higher net margin than 46% of similar nonprofits.

NTEE E • <$500k nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

NTEE E • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

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

Source year 2024

Revenue Growth

Score unavailable

No value available

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

Source year 2024

Balance Sheet
Liabilities / Assets58th percentile

Assets

$16,991

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$16,991

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue60th percentileNet Margin46th percentile

Revenue

$332,018

No earlier filing loaded for comparison.

Expenses

$315,027

No earlier filing loaded for comparison.

Net Income

$16,991

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20K$15K$10K$5.0K$0Assets 2024: $16,991Liabilities 2024: $0Net Assets 2024: $16,9912024

Highlighted filing

2024

Assets$16,991
Liabilities$0
Net Assets$16,991
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0Revenue 2024: $332,018Expenses 2024: $315,027Net Income 2024: $16,9912024

Highlighted filing

2024

Revenue$332,018
Expenses$315,027
Net Income$16,991
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$16,991
Liabilities
$0
Net assets
$16,991
Revenue
$332,018
Expenses
$315,027
Net income
$16,991
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$3.32$3.15$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 8, 2025
Return Version
2024v5.2
Gross Receipts
$332,018
Mission and Program Overview

Mission

To raise funds for addiction recovery support via online auctions

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$16,991-
Cap Stk Tr Prin Current Funds-$16,991-
Total Assets$0$16,991▲ $16,991
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$16,991▲ $16,991
Total Liabilities and Net Assets / Fund Balance$0$16,991▲ $16,991
Compensation and Service Providers
Top Officer Pay83rd percentile

Board Members and Trustees

NameTitle
Michael KasmarCFO
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$332,018
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$16,991
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$315,027
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$306,078--$306,078
Occupancy$2,000--$2,000
Total Functional Expenses$315,027$0$0$315,027
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Online Auction$332,018$332,018$313,026$18,992
Total Events$332,018$332,018$315,026$16,992
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Kasmar Foundation
EIN
93-2617205
Phone
8603069158
Address
4 Katherine Way, Ellington, CT 06029

Signing Officer

Name
Michael Kasmar
Title
President
Phone
8603069158
Signed
2025-07-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Kasmar
Formed
2023
Legal Domicile
Ct
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
Jensen Tax & Accounting
Address
29887 Thornton Dr, Kingston, IL 60145
Preparer
Cyndi Jensen
Phone
8157844656
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24A

“We sell autographed merchandise and this amount is for the cost of the merchandise”

Raw XML Appendix267 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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IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02023
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IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0332018
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
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IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CT
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
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IRS990/LocalChaptersInd0false
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IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
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IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt016991
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt02000
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IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
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IRS990/OrgDoesNotFollowFASB117Ind0X
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IRS990/OtherExpensesGrp/Desc1COGS
IRS990/OtherExpensesGrp/ProgramServicesAmt06949
IRS990/OtherExpensesGrp/ProgramServicesAmt1306078
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IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
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IRS990/ProfessionalFundraisingInd0true
IRS990/ProgramServiceRevenueGrp/BusinessCd0454110
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0332018
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IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
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IRS990/ReconcilationRevenueExpnssAmt016991
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IRS990/RevenueAmt0332018
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990/SchoolOperatingInd0false
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Michael Kasmar
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08603069158
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-08
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ReturnHeader/Filer/BusinessNameControlTxt0KASM
ReturnHeader/Filer/EIN0932617205
ReturnHeader/Filer/PhoneNum08603069158
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-31
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-08-31T05:10:43-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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