FURP.ORG / PUBLIC DATA EXPLORER

GOOD KARMA FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
GOOD KARMA FOUNDATION (EIN 80-0316636)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-10-03
IRS object ID
201922769349100207
Schema version
2018v3.1
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)
Return2019-10-03T13:13:29-05:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

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 Begin2018-01-01TaxPeriodBeginDt

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
Phone4154567416PhoneNum

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
Signature2019-10-01SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTERENCE CULLENPreparerPersonNm
PTINP01974672PTIN
Phone4154724225PhoneNum
Preparation2019-10-01PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address167.68.16.49IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-10-03IPDt
IP Tm13:13:29IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdF2897BDA540E6C4F0A47631A56430E235B934CCBAtSubmissionCreationDeviceId
At Submission Filing Device Id74E2F59BAD8C7455383966CBD4B3F2E29783587CAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-01-14 16:20:31ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$9,354FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$467,575ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$467,575TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Taxes Rev And Expnss$35TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$35TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$118OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$28OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$90OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$153TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$28TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$125TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$460,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$460,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$460,153TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$28TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$460,125TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$7,422ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$1,932CashBOYAmt
Cash EOY$9,354CashEOYAmt
Cash EOYFMV$9,354CashEOYFMVAmt
Total Assets BOY$1,932TotalAssetsBOYAmt
Total Assets EOY$9,354TotalAssetsEOYAmt
Total Assets EOYFMV$9,354TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$1,932UnrestrictedBOYAmt
Unrestricted EOY$9,354UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$1,932TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$9,354TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,932TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$9,354TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,932TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$7,422ExcessRevenueOverExpensesAmt
Subtotal$9,354SubtotalAmt
Tot Net Ast Or Fund Balances EOY$9,354TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$240,075AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$12,686NetVlNoncharitableAssetsYr1Amt
Distribution Yr118.924405DistributionYr1Rt
Adjusted Qlfy Distri Yr2$525,050AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$19,184NetVlNoncharitableAssetsYr2Amt
Distribution Yr227.369162DistributionYr2Rt
Adjusted Qlfy Distri Yr3$200,140AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$12,300NetVlNoncharitableAssetsYr3Amt
Distribution Yr316.271545DistributionYr3Rt
Adjusted Qlfy Distri Yr4$120,010AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$14,093NetVlNoncharitableAssetsYr4Amt
Distribution Yr48.515575DistributionYr4Rt
Adjusted Qlfy Distri Yr5$64,833AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$15,563NetVlNoncharitableAssetsYr5Amt
Distribution Yr54.165842DistributionYr5Rt
Total Distribution75.246529TotalDistributionRt
Average Distribution15.049306AverageDistributionRt
Net Vl Noncharitable Assets$9,496NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$142,908AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$142,908AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$460,125QualifyingDistributionsAmt

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$9,641AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$9,641TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$9,641AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$145CashDeemedCharitableAmt
Net Vl Noncharitable Assets$9,496NetVlNoncharitableAssetsAmt
Minimum Investment Return$475MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$475MinimumInvestmentReturnAmt
Distributable Before Adj$475DistributableBeforeAdjAmt
Distributable Before Ded$475DistributableBeforeDedAmt
Distributable As Adjusted$475DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$460,125ExpensesAndContributionsAmt
Qualifying Distributions$460,125QualifyingDistributionsAmt
Adjusted Qualifying Distri$460,125AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$475DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$64,055ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$119,305ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$199,525ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$524,091ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$239,441ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,146,417TotalExcessDistributionCyovAmt
Qualifying Distributions$460,125QualifyingDistributionsAmt
Applied To Current Year$475AppliedToCurrentYearAmt
Remaining Distri From Corpus$459,650RemainingDistriFromCorpusAmt
Total Corpus$1,606,067TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$64,055ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,542,012ExcessDistriCyovToNextYrAmt
Excess From Year4$119,305ExcessFromYear4Amt
Excess From Year3$199,525ExcessFromYear3Amt
Excess From Year2$524,091ExcessFromYear2Amt
Excess From Year1$239,441ExcessFromYear1Amt
Excess From Current Year$459,650ExcessFromCurrentYearAmt

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$460,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$460,000TotalGrantOrContriPdDurYrAmt

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$17,500Yes (X)
VASUDEV NARAYANAN
212 LOCKSLY LANESAN RAFAELCA94901$450,075Yes (X)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
BANK FEES$118$28$90

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryCA ATTORNEY GENERAL FILING FEECategoryTxt
Amt$35Amt
Disbursements Charitable Prps$35DisbursementsCharitablePrpsAmt