2020-11-16T12:13:53-06:00 2019-12-31 113266576 GRASSI & CO CPA'S PC 488 MADISON AVENUE 21ST FLOOR NEW YORK NY 10022 990 2019-01-01 273857947 KARUNA-SHECHEN USA KARU 7188468981 109 MOWBRAY DRIVE KEW GARDENS NY 11415 ALEXANDRE LIPPENS PRESIDENT 7188468981 2020-11-13 1 DAVID ROTTKAMP P01303468 2126616166 174.57.77.69 2020-11-13 10:30:34 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 39224F80186565A185D5D3182F317C0AD5F87B77 2019 2021-01-29 14:40:06Z ALEXANDRE LIPPENS 109 MOWBRAY DRIVE KEW GARDENS NY 11415 611116 0 X KARUNA-SCHECHEN.ORG X 2010 NY KARUNA-SHECHEN INITIATES AND OVERSEES PROJECTS THAT PROVIDE HEALTH CARE, EDUCATION, AND SOCIAL SERVICES FOR THE UNDER-SERVED POPULATIONS OF INDIA, NEPAL, AND TIBET. 9 9 1 12 0 0 692974 609239 0 0 340 339 29114 1538 722428 611116 564100 850500 0 0 154762 95017 0 0 45684 96092 97333 814954 1042850 -92526 -431734 2008612 1583347 27404 33873 1981208 1549474 KARUNA-SHECHEN INITIATES AND OVERSEES PROJECTS THAT PROVIDE HEALTH CARE, EDUCATION, AND SOCIAL SERVICES FOR THE UNDER-SERVED POPULATIONS OF INDIA, NEPAL, AND TIBET. 0 0 850500 850500 THROUGHOUT OUR TARGET AREA (THE HIMALAYAS) KS HAS BUILT NUMEROUS SCHOOLS ANNUALLY SERVING POOR CHILDREN MAINLY IN REMOTE AREAS WHERE THERE WAS NO ACCESS TO EDUCATION. WE PAY SPECIAL ATTENTION TO THE EDUCATION OF WOMEN AND GIRLS. WE HAVE BUILT AND OPERATE TWO LARGE CLINICS FOR THE POOR (IN INDIA AND NEPAL) THAT HAVE VIGOROUS OUTREACH PROGRAMS THAT BRING MEDICAL CARE AND SOCIAL SERVICES TO THE MOST NEEDY AT NO COST OR ON A SLIDING SCALE. WE BRING SOLAR LIGHTING AND RAINWATER HARVESTING TO REMOTE AND POOR VILLAGES, ALLOWING CHILDREN AND WOMEN TO STUDY AT NIGHT AND PROVIDING A SAFE AND MORE SECURE WATER SUPPLY. WE WORK WITH LOCAL COMMUNITIES TO TEACH HYGIENE AND BASIC SANITATION AND HAVE HELPED SMALL VOCATIONAL PROJECTS. 850500 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 NY X KIWI PARTNERS INC 2125327171 237 W 35TH STREET SUITE 1101 NEW YORK NY 10011 ALEXANDRE LIPPENS PRESIDENT 1.00 X X 0 0 0 REKHA PURI VICE PRESIDENT 1.00 X X 0 0 0 VIVIAN KURZ ENDED NOV 2019 SECRETARY 5.00 X X 81000 0 0 CHARLES-MATHIEU BRUNELLE DIRECTOR 0.50 X 0 0 0 GIANLUIGI BUITONI DIRECTOR 0.50 X 0 0 0 MARCEL FOURNIER DIRECTOR 0.50 X 0 0 0 JULIETTE TIMSIT DIRECTOR 0.50 X 0 0 0 JEAN TIMSIT DIRECTOR 0.50 X 0 0 0 MATTHIEU RICARD DIRECTOR 0.50 X 0 0 0 RABJAM RINPOCHE DIRECTOR 0.50 X 0 0 0 MARY DICKIE ENDED MAY 2019 DIRECTOR 0.50 X 0 0 0 AUSTIN HEARST ENDED JULY 2019 DIRECTOR 0.50 X 0 0 0 GRACE ALFIERO ENDED FEB 2019 EXECUTIVE DIRECTOR 40.00 X 11660 0 0 92660 0 0 0 0 0 0 0 609239 5217 609239 339 339 OTHER INCOME 900099 1538 1538 1538 611116 0 0 1877 850500 850500 92660 84007 8653 2357 497 1860 8500 8500 33861 33861 41260 6089 35171 50 50 5443 5443 136 136 LICENSE AND FEES 7351 7351 MISCELLANEOUS 732 732 1042850 850500 146666 45684 534331 387206 1368942 1174219 105339 21804 118 16169 16169 0 0 2008612 1583347 27404 33873 27404 33873 X 1981208 1549474 1981208 1549474 2008612 1583347 -431734 0 X X 0 1 X 1 0 X 1352860 730058 784041 692974 573239 4133172 1352860 730058 784041 692974 573239 4133172 1186199 2946973 693 349 102 340 339 1823 9803 395 402 -886 1538 11252 4146247 0.71080 0.68800 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2015 AMOUNT: $ 9,803. 2016 AMOUNT: $ 395. 2017 AMOUNT: $ 402. 2018 AMOUNT: $ -886. 2019 AMOUNT: $ 1,538. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2876 2876 0 13293 13293 0 0 X 575116 0 575116 36000 36000 611116 1006850 0 1006850 36000 36000 1042850 PART X, LINE 2: THE ORGANIZATION APPLIES THE PROVISIONS PERTAINING TO UNCERTAIN TAX PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, AND HAD DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS PRIOR TO 2016. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTION RECORDED AS EXPENSE OFFSET 36,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTION RECORDED AS EXPENSE OFFSET 36,000. 1 SOUTH ASIA 0 0 PROGRAM SERVICES BUILDING SCHOOLS, BUILDING HOSTEL, & MEDICAL OUTREACH PROGRAMS 850500 0 0 0 0 0 0 850500 0 850500 SOUTH ASIA EDUCATION 58500 WIRE SOUTH ASIA MEDICAL CLINIC 472000 WIRE SOUTH ASIA VARIOUS PROJECTS 320000 WIRE 5 0 0 0 0 0 0 PART I, LINE 2: SELECTION CRITERIA AND BUDGETS ARE BASED ON PROPOSALS SUBMITTED BY THE FIELD DIRECTORS (INDIA, NEPAL, TIBET, BHUTAN). THE FIELD DIRECTORS RESEARCH FULLY THE NEEDS OF THE COMMUNITIES FOR THE PROJECTS, THE FEASIBILITY AND BUDGETS, AND THE NUMBER OF BENEFICIARIES BEFORE SUBMITTING ANY PROPOSALS TO OUR INTERNATIONAL BOARD. KARUNA-SHECHEN USA MEETS WITH THE HEADS OF THE INTERNATIONAL BRANCHES OF KARUNA-SHECHEN, FIELD DIRECTORS, ITS FOUNDER, AND CFO IN A QUARTERLY TELEPHONE CONFERENCE CALL. THE FIELD DIRECTORS SUGGEST PROJECTS AND OFFER SUPPORTING REPORTS, PROPOSALS, AND BUDGETS, AND THE ABOVE BOARD VOTES ON WHETHER TO APPROVE THE PROJECTS OR NOT. ONCE THE PROJECT IS APPROVED, FUNDS ARE REQUESTED OF US BASED ON THE CURRENT PROGRESS OF THE PROJECTS. THROUGHOUT THE DURATION OF THE PROJECTS, THE FIELD DIRECTORS KEEP KARUNA SHECHEN USA UPDATED BY PROGRESS REPORTS, CURRENT BUDGETS, AND PHOTOGRAPHS. WE ALSO MEET TO DISCUSS THE PROGRESS IN THE TELEPHONE CONFERENCES. MEMBERS OF THE BOARD TRY TO VISIT THE PROJECTS AT LEAST ONCE A YEAR. PART III ACCOUNTING METHOD: VIVIAN KURZ BOARD MEMBER (ENDED NOV. 2019) 27000 EMPLOYEE SEARCH 0 FORM 990, PART VI, SECTION A, LINE 2 JEAN AND JULIETTE TIMSIT ARE MARRIED. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE 990 WAS PREPARED BY OUR OUTSIDE CPA FIRM AND IS THEN REVIEWED IN DETAIL BY THE FINANCIAL CONSULTANT AND PRESIDENT OF THE BOARD. THE 990 WAS THEN PROVIDED TO THE FULL BOARD PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.