Lokaa Foundation FY2020 filing

Tax-deductible

Studio City, CA501(c)(3)Since 2008ReligionEIN 26-3427369

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501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $24K a year · 6% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
4 mo
of spending, in cash
Looks good: 3.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$235K
Spent
$224K
To programs
93%
Net assets
$70K
By yearFY2020–FY2025
Revenue
$235K
FY2020
Revenue by fiscal year
FY2020$235K
FY2021$554K
FY2022$601K
FY2023$182K
FY2024$367K
FY2025$330K
Expenses
$224K
FY2020
Expenses by fiscal year
FY2020$224K
FY2021$492K
FY2022$407K
FY2023$433K
FY2024$416K
FY2025$152K
Net assets
$70K
FY2020
Net assets by fiscal year
FY2020$70K
FY2021$131K
FY2022$325K
FY2023$74K
FY2024$26K
FY2025$204K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $208K Management & general 7% · $16K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Lokaa Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes personal growth and oneness through teachings, fostering global citizens concerned for all life.

Provided by the organization

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1 program service account for $208K of program spending, described in the organization's own filed words · FY2020.
01

One humanity care has used the funds for 2 purposes. 1. Education. Over 4,500 students in 23 programs have been educated in schools, colleges and villages aimed at breaking emotional addictions of negative emotions such as anger, stress, fear and inferiority; increasing the intelligence quotient to be better capable of attention and…

$208Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$25K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$235K
Ln 12
Gifts and grantsLn 1h$235K
Money outPt IX
$224K
Ln 25
Programscol B$208K
Managementcol C$16K
Owns and owesPt X
$70K
net assets · Ln 32
Cash and savingsLn 1–2$73K
Total assetsLn 16$73K
LiabilitiesLn 26$3K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$235K
Total revenueLn 12$235K
Assets in detailPt X, end of year
CashLn 1$73K
Cash and savings togetherLn 1–2$73K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$73K
LiabilitiesLn 26$3K
Net assetsLn 32$70K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$53K$73K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$61K$73K
LiabilitiesLn 26$2K$3K
Net assetsLn 32$59K$70K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$208K$208K
Office expensesLn 13$1K$1K
Other expenses (24a–d)Ln 24$9K$9K
Total functional expensesLn 25$224K$208K$16K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $330K$152K$178K$204K 990 PDF
FY2024 $367K$416K−$48K$26K 990 PDF
FY2023 $182K$433K−$251K$74K 990 PDF
FY2022 $601K$407K$194K$325K 990 PDF
FY2021 $554K$492K$61K$131K 990 PDF
FY2020 Viewing $235K$224K$11K$70K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $235,042 across 3 lines filed
VIII-1f All other contributions, gifts and grants$235,042
VIII-1h Total contributions, gifts and grants$235,042
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$235,042
Part IX · Statement of functional expenses $224,226 across 5 lines filed
IX-11b Legal feesManagement $1,827$1,827
IX-11c Accounting feesManagement $4,823$4,823
IX-11g Other fees for servicesPrograms $208,000$208,000
IX-13 Office expensesManagement $1,045$1,045
IX-24 Other expenses (24a–d)Management $8,531$8,531
IX-25 Total functional expensesPrograms $208,000 · Management $16,226 · Fundraising $0$224,226
Part X · Balance sheet $72,604 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $52,754$72,604
X-4 Accounts receivableStart of year $8,476$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-16 Total assetsStart of year $61,230$72,604
X-17 Accounts payable and accrued expensesStart of year $2,115$2,673
X-26 Total liabilitiesStart of year $2,115$2,673
X-32 Total net assets or fund balancesStart of year $59,115$69,931
X-33 Total liabilities and net assetsStart of year $61,230$72,604
Part XI · Reconciliation of net assets $69,931 net assets at year end
XI-1 Total revenue$235,042
XI-2 Total expenses$224,226
XI-3 Revenue less expenses$10,816
XI-4 Net assets at start of year$59,115
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$69,931

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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