FURP.ORG / PUBLIC DATA EXPLORER

GOOD KARMA FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
GOOD KARMA FOUNDATION (EIN 80-0316636)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-11-15
IRS object ID
201713199349101706
Schema version
2016v3.0
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)
Return2017-11-15T08:43:02-08:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN263874426PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HOLDEN & COMPANY LLPBusinessNameLine1Txt

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 Begin2016-01-01TaxPeriodBeginDt

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
Signature2017-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTHOMAS J HOLDENPreparerPersonNm
PTINP00507742PTIN
Phone4154724225PhoneNum
Preparation2017-11-13PreparationDt
Self EmployedYes (X)SelfEmployedInd

Filing Security Information FilingSecurityInformation

FieldValueIRS element (for citing)
At Submission Creation Device Id161D5B5644E7943ACD39CC7F167E5FB2AC2AF6EBAtSubmissionCreationDeviceId
At Submission Filing Device IdFCB546A5E8B59B418B4AF368C938BE6436A6791FAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$9,057FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$517,495ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$517,495TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,000AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,000AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$50TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$50TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$245OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$245OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$1,295TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,245TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$50TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$525,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$525,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$526,295TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,245TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$525,050TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$8,800ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$17,857CashBOYAmt
Cash EOY$9,057CashEOYAmt
Cash EOYFMV$9,057CashEOYFMVAmt
Total Assets BOY$17,857TotalAssetsBOYAmt
Total Assets EOY$9,057TotalAssetsEOYAmt
Total Assets EOYFMV$9,057TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$17,857UnrestrictedBOYAmt
Unrestricted EOY$9,057UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$17,857TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$9,057TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$17,857TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$9,057TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$17,857TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$8,800ExcessRevenueOverExpensesAmt
Subtotal$9,057SubtotalAmt
Tot Net Ast Or Fund Balances EOY$9,057TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$200,140AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$12,300NetVlNoncharitableAssetsYr1Amt
Distribution Yr116.271545DistributionYr1Rt
Adjusted Qlfy Distri Yr2$120,010AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$14,093NetVlNoncharitableAssetsYr2Amt
Distribution Yr28.515575DistributionYr2Rt
Adjusted Qlfy Distri Yr3$64,833AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$15,563NetVlNoncharitableAssetsYr3Amt
Distribution Yr34.165842DistributionYr3Rt
Adjusted Qlfy Distri Yr4$13,519AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$62,547NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.216141DistributionYr4Rt
Net Vl Noncharitable Assets Yr5$60,714NetVlNoncharitableAssetsYr5Amt
Total Distribution29.169103TotalDistributionRt
Average Distribution7.292276AverageDistributionRt
Net Vl Noncharitable Assets$19,184NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$139,895AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$139,895AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$525,050QualifyingDistributionsAmt

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
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

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 RAFAELCA94901PRESIDENT000.00$0$0$0
LESLIE VANDYKE
12 LOCKSLY LANESAN RAFAELCA94901SECRETARY000.00$0$0$0
MAY WONG
27 OAKWOOD DRIVESAN RAFAELCA94901DIRECTOR000.00$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$19,476AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$19,476TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$19,476AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$292CashDeemedCharitableAmt
Net Vl Noncharitable Assets$19,184NetVlNoncharitableAssetsAmt
Minimum Investment Return$959MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$959MinimumInvestmentReturnAmt
Distributable Before Adj$959DistributableBeforeAdjAmt
Distributable Before Ded$959DistributableBeforeDedAmt
Distributable As Adjusted$959DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$525,050ExpensesAndContributionsAmt
Qualifying Distributions$525,050QualifyingDistributionsAmt
Adjusted Qualifying Distri$525,050AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$959DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$4,329ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$64,055ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$119,305ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$199,525ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$387,214TotalExcessDistributionCyovAmt
Qualifying Distributions$525,050QualifyingDistributionsAmt
Applied To Current Year$959AppliedToCurrentYearAmt
Remaining Distri From Corpus$524,091RemainingDistriFromCorpusAmt
Total Corpus$911,305TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$911,305ExcessDistriCyovToNextYrAmt
Excess From Year4$4,329ExcessFromYear4Amt
Excess From Year3$64,055ExcessFromYear3Amt
Excess From Year2$119,305ExcessFromYear2Amt
Excess From Year1$199,525ExcessFromYear1Amt
Excess From Current Year$524,091ExcessFromCurrentYearAmt

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$525,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$525,000TotalGrantOrContriPdDurYrAmt

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

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonVASUDEV NARAYANANContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line112 LOCKSLY LANEAddressLine1Txt
CitySAN RAFAELCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94901ZIPCd
FieldValueIRS element (for citing)
Total Contributions$517,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$1,000Amt
Net Investment Income$1,000NetInvestmentIncomeAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
BANK FEES$200$200
WIRE FEES$45$45

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryCA ATTORNEY GENERAL FILING FEECategoryTxt
Amt$50Amt
Disbursements Charitable Prps$50DisbursementsCharitablePrpsAmt