2013-11-15T16:00:56-06:00 2012-12-31 113266576 GRASSI & CO CPA'S PC 50 JERICHO QUADRANGLE JERICHO NY 11753 990 2012-01-01 273857947 KARUNA-SHECHEN USA KARU 7188468981 109 MOWBRAY DRIVE KEW GARDENS NY 11415 VIVIAN KURZ 7188468981 2013-11-15 1 DAVID ROTTKAMP P01303468 5162563500 2012 2016-03-07 17:11:31Z VIVIAN KURZ 109 MOWBRAY DRIVE KEW GARDENS NY 11415 580113 0 X N/A X 2010 NY KARUNA-SHECHEN WORKS TO PROVIDE HEALTH CARE, EDUCATION, AND SOCIAL SERVICES FOR THE UNDER-SERVED POPULATIONS OF INDIA, NEPAL, AND TIBET. 7 7 0 6 0 0 355105 577789 0 0 1199 1517 0 807 356304 580113 109482 264300 0 0 0 0 0 0 1108 67480 50937 176962 315237 179342 264876 1255312 1520188 0 0 1255312 1520188 KARUNA-SHECHEN WORKS TO PROVIDE HEALTH CARE, EDUCATION, AND SOCIAL SERVICES FOR THE UNDER-SERVED POPULATIONS OF INDIA, NEPAL, AND TIBET. 0 0 272746 264300 0 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. 272746 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 NY X VIVIAN KURZ 7188468981 109 MOWBRAY DRIVE KEW GARDENS NY 11415 X RABJAM RINPOCHE 0.50 X X 0 0 0 MATTHIEU RICARD 0.50 X X 0 0 0 VIVIAN KURZ 5.00 X X 0 0 0 SUSAN FINLEY 0.50 X X 0 0 0 MARCEL FOURNIER 0.50 X 0 0 0 JEFF WALKER 0.50 X 0 0 0 AUSTIN HEARST 0.50 X 0 0 0 0 0 0 0 0 0 0 0 577789 76181 577789 1517 1517 OTHER INCOME 900000 807 807 807 580113 0 0 2324 264300 264300 6424 6424 1885 1885 22917 22917 9231 9231 8446 8446 MISCELLANEOUS 1108 1108 BANK CHARGES 926 926 315237 272746 41383 1108 1236711 412223 1601 1018524 17000 76181 13260 1255312 1520188 0 0 X 1255312 1520188 1255312 1520188 1255312 1520188 264876 0 X X 0 1 X 1 0 X 1077064 355105 577789 2009958 1077064 355105 577789 2009958 2009958 1199 1517 2716 807 807 2013481 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 580113 0 580113 0 580113 315237 0 315237 0 315237 THE ORGANIZATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH FASB ACCOUNTING STANDARDS CODIFICATION TOPIC 740, INCOME TAXES ("FASB ASC 740"). FASB ASC 740 INCORPORATES THE PROVISIONS OF FORMER FASB INTERPRETATION NO. 48 ("FIN 48"). FASB ASC 740 PROVIDES DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTERPRISES FINANCIAL STATEMENTS. THE ADOPTION OF FASB ASC 740 DOES NOT HAVE A MATERIAL EFFECT ON THE FINANCIAL POSITION, CHANGE IN NET ASSETS OR CASH FLOWS 1 SOUTH ASIA 0 0 PROGRAM SERVICES BUILDING SCHOOLS, BUILDING HOSTEL, & MEDICAL OUTREACH PROGRAMS 264300 0 0 0 0 0 0 264300 0 264300 SOUTH ASIA BUILDING SCHOOLS 115300 WIRE 0 SOUTH ASIA BUILDING HOSTEL 30000 WIRE 0 SOUTH ASIA MEDICAL OUTREACH 97000 WIRE 0 SOUTH ASIA MEDICAL OUTREACH 10000 WIRE 0 SOUTH ASIA SOLAR INSTALLATION FILMING 12000 WIRE 0 5 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: SELECTION CRITERIA AND BUDGETS ARE BASED ON PROPOSALS SUBMITTED BY THE COUNTRY DIRECTORS (INDIA, NEPAL, TIBET). THE 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 MONTHLY 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 BY THE CFO BASED ON THE CURRENT PROGRESS OF THE PROJECTS. THROUGHOUT THE DURATION OF THE PROJECTS, THE FIELD DIRECTORS KEEP US 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. X 76181 0 0 0 FORM 990, PART VI, SECTION A, LINE 8A THE ORGANIZATION DID HAVE BOARD MEETINGS, HOWEVER THEY DID NOT KEEP FORMAL MINUTES. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11 THE 990 WAS PREPARED BY OUR OUTSIDE CPA FIRM WHO REVIEWED THE 990 WITH THE SECRETARY 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 YES, THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, PAGE 12, LINE 2C THE BOARD OF DIRECTORS OVERSEES THE AUDIT PROCESS