FURP.ORG / PUBLIC DATA EXPLORER

GOOD KARMA FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
GOOD KARMA FOUNDATION (EIN 80-0316636)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-10-15
IRS object ID
202032899349101403
Schema version
2019v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-10-15T18:14:32-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN832143394PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HAC CERTIFIED PUBLIC ACCOUNTANTS INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line168 MITCHELL BLVD STE 240AddressLine1Txt
CitySAN RAFAELCityNm
State AbbreviationCAStateAbbreviationCd
ZIP949032060ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN800316636EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GOOD KARMA FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGOODBusinessNameControlTxt
Phone4152971914PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line112 LOCKSLY LANEAddressLine1Txt
CitySAN RAFAELCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94901ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonVASUDEV NARAYANANPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone4154567400PhoneNum
Signature2020-10-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTERENCE CULLENPreparerPersonNm
PTINP01974672PTIN
Phone4154724225PhoneNum
Preparation2020-10-13PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address167.68.16.49IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-10-15IPDt
IP Tm18:14:32IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id9ABB3A8741E2D8651CA16B94E376F26E376FD94CAtSubmissionCreationDeviceId
At Submission Filing Device Id5F38C3C0EEA611C9912F739052536A1BDBB8FFC9AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$10,105FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$518,000ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$518,000TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$2,050AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$2,050AccountingFeesNetInvstIncmAmt
Other Expenses Rev And Expnss$199OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$199OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$2,249TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,050TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$199TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$515,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$515,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$517,249TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,050TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$515,199TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$751ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$9,354CashBOYAmt
Cash EOY$10,105CashEOYAmt
Cash EOYFMV$10,105CashEOYFMVAmt
Total Assets BOY$9,354TotalAssetsBOYAmt
Total Assets EOY$10,105TotalAssetsEOYAmt
Total Assets EOYFMV$10,105TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$9,354NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$10,105NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$9,354TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$10,105TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$9,354TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$10,105TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$9,354TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$751ExcessRevenueOverExpensesAmt
Subtotal$10,105SubtotalAmt
Tot Net Ast Or Fund Balances EOY$10,105TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$460,125AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$9,496NetVlNoncharitableAssetsYr1Amt
Distribution Yr148.454612DistributionYr1Rt
Adjusted Qlfy Distri Yr2$240,075AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$12,686NetVlNoncharitableAssetsYr2Amt
Distribution Yr218.924405DistributionYr2Rt
Adjusted Qlfy Distri Yr3$525,050AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$19,184NetVlNoncharitableAssetsYr3Amt
Distribution Yr327.369162DistributionYr3Rt
Adjusted Qlfy Distri Yr4$200,140AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$12,300NetVlNoncharitableAssetsYr4Amt
Distribution Yr416.271545DistributionYr4Rt
Adjusted Qlfy Distri Yr5$120,010AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$14,093NetVlNoncharitableAssetsYr5Amt
Distribution Yr58.515575DistributionYr5Rt
Total Distribution119.535299TotalDistributionRt
Average Distribution23.907060AverageDistributionRt
Net Vl Noncharitable Assets$13,664NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$326,666AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$326,666AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$515,199QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressWWW.GOODKARMAFOUNDATION.ORGWebsiteAddressTxt
Individual With BooksVASUDEV NARAYANANIndividualWithBooksNm
Phone4154567416PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line112 LOCKSLY LANEAddressLine1Txt
CitySAN RAFAELCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94901ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
VASUDEV NARAYANAN
12 LOCKSLY LANESAN RAFAELCA94901PRESIDENT5.00$0$0$0
LESLIE VANDYKE
12 LOCKSLY LANESAN RAFAELCA94901SECRETARY1.25$0$0$0
MAY WONG
27 OAKWOOD DRIVESAN RAFAELCA94901DIRECTOR1.25$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$13,872AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$13,872TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$13,872AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$208CashDeemedCharitableAmt
Net Vl Noncharitable Assets$13,664NetVlNoncharitableAssetsAmt
Minimum Investment Return$683MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$683MinimumInvestmentReturnAmt
Distributable Before Adj$683DistributableBeforeAdjAmt
Distributable Before Ded$683DistributableBeforeDedAmt
Distributable As Adjusted$683DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$515,199ExpensesAndContributionsAmt
Qualifying Distributions$515,199QualifyingDistributionsAmt
Adjusted Qualifying Distri$515,199AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$683DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$119,305ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$199,525ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$524,091ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$239,441ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$459,650ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,542,012TotalExcessDistributionCyovAmt
Qualifying Distributions$515,199QualifyingDistributionsAmt
Applied To Current Year$683AppliedToCurrentYearAmt
Remaining Distri From Corpus$514,516RemainingDistriFromCorpusAmt
Total Corpus$2,056,528TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$119,305ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,937,223ExcessDistriCyovToNextYrAmt
Excess From Year4$199,525ExcessFromYear4Amt
Excess From Year3$524,091ExcessFromYear3Amt
Excess From Year2$239,441ExcessFromYear2Amt
Excess From Year1$459,650ExcessFromYear1Amt
Excess From Current Year$514,516ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerVASUDEV NARAYANANContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonVASUDEV NARAYANANRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line112 LOCKSLY LANEAddressLine1Txt
CitySAN RAFAELCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94901ZIPCd
FieldValueIRS element (for citing)
Recipient Phone4154567416RecipientPhoneNum
Form And Info And MaterialsNO FORMAL APPLICATION HAS BEEN DEVELOPED.FormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsFUNDS ARE TO BE USED FOR EDUCATIONAL AND CHARITABLE PURPOSES IN THE STATE OF KERALA IN INDIA.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1GOOD KARMA FOUNDATION - INDIABusinessNameLine1Txt

Recipient Foreign Address RecipientForeignAddress

FieldValueIRS element (for citing)
Address Line1SREELAKSHMIAddressLine1Txt
Address Line2KAYETTIKKARA POAddressLine2Txt
CityEMAKULAMCityNm
Province Or StateKERALAProvinceOrStateNm
CountryINCountryCd
Foreign Postal682315ForeignPostalCd
FieldValueIRS element (for citing)
Recipient Foundation StatusPUB CHARITYRecipientFoundationStatusTxt
Grant Or Contribution PurposeTO SUPPORT CHARITABLE PROGRAMSGrantOrContributionPurposeTxt
Amt$515,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$515,000TotalGrantOrContriPdDurYrAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
PINETTI LLC
1200 EUREKA SQUAREPACIFICACA94044$18,000Yes (X)
VASUDEV NARAYANAN
212 LOCKSLY LANESAN RAFAELCA94901$500,000Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryPROFESSIONAL FEESCategoryTxt
Amt$2,050Amt
Net Investment Income$2,050NetInvestmentIncomeAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
BANK FEES$149$149
MISCELLANEOUS$50$50