Lokaa Foundation FY2022 filing

Tax-deductible

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

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501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · 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
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
10 mo
of spending, in cash
Looks good: 9.6 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
$0
0% of total assets
Looks good: liabilities are 0% 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
$601K
+8% vs prior year
Spent
$407K
To programs
99%
Net assets
$325K
By yearFY2020–FY2025
Revenue
$601K
FY2022▲ +8%
Revenue by fiscal year
FY2020$235K
FY2021$554K
FY2022$601K
FY2023$182K
FY2024$367K
FY2025$330K
Expenses
$407K
FY2022▼ -17%
Expenses by fiscal year
FY2020$224K
FY2021$492K
FY2022$407K
FY2023$433K
FY2024$416K
FY2025$152K
Net assets
$325K
FY2022▲ +148%
Net assets by fiscal year
FY2020$70K
FY2021$131K
FY2022$325K
FY2023$74K
FY2024$26K
FY2025$204K

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 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

99 cents of each dollar spent went to programs.

Program services 99% · $402K Management & general 1% · $5K

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 · $402K · in their own filed words · FY2022
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…

$402Kprogram expense

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 FY2022 990, line by line.

1The main four
Money inPt VIII
$601K
Ln 12
Gifts and grantsLn 1h$601K
Money outPt IX
$407K
Ln 25
Programscol B$402K
Managementcol C$5K
Owns and owesPt X
$325K
net assets · Ln 32
Cash and savingsLn 1–2$325K
Total assetsLn 16$325K
LiabilitiesLn 26$0
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$601K
Gains on assetsLn 7$0
Total revenueLn 12$601K
Assets in detailPt X, end of year
CashLn 1$325K
SavingsLn 2$0
Cash and savings togetherLn 1–2$325K
InvestmentsLn 11–13$0
Other assetsLn 15$0
Total assetsLn 16$325K
LiabilitiesLn 26$0
Net assetsLn 32$325K
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 FY22End FY22
Cash and savingsLn 1–2$131K$325K
InvestmentsLn 11–13$0$0
Total assetsLn 16$131K$325K
LiabilitiesLn 26$0$0
Net assetsLn 32$131K$325K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$4K$4K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$402K$402K
Advertising and promotionLn 12$0
Office expensesLn 13$1K$1K$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$100$100
Total functional expensesLn 25$407K$402K$5K$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 Viewing $601K$407K$194K$325K 990 PDF
FY2021 $554K$492K$61K$131K 990 PDF
FY2020 $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 FY2022 990 (4 parts)
Part VIII · Statement of revenue $600,602 across 8 lines filed
VIII-1f All other contributions, gifts and grants$600,602
VIII-1h Total contributions, gifts and grants$600,602
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenue$600,602
Part IX · Statement of functional expenses $406,876 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $3,531$3,531
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $402,000$402,000
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $1,245 · Fundraising $0$1,245
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Management $100$100
IX-25 Total functional expensesPrograms $402,000 · Management $4,876 · Fundraising $0$406,876
Part X · Balance sheet $325,062 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $131,336$325,062
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $131,336$325,062
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $131,336$325,062
X-33 Total liabilities and net assetsStart of year $131,336$325,062
Part XI · Reconciliation of net assets $325,062 net assets at year end
XI-1 Total revenue$600,602
XI-2 Total expenses$406,876
XI-3 Revenue less expenses$193,726
XI-4 Net assets at start of year$131,336
XI-10 Net assets at end of year$325,062

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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