Kopernik Solutions EIN 27-0962978 Form 990 (PDF) Claim this org

Kopernik Solutions

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Provides developmental aid to poor and disadvantaged communities globally. For fiscal year 2024 it reported $60K in revenue, $20K in expenses, and $646K in net assets.Pt I

Type
Public charity (501(c)(3)) · International
Location
New York, NY
Website
www.kopernik.info
Filings
5 on file (2020–2024)
Revenue
$60KFY2024
Expenses
$20K
Net assets
$646K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  27-0962978 Public charity (501(c)(3)) New York, NY
Form 990 (PDF)
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Size
<$100K
What they do
Provides developmental aid to poor and disadvantaged communities globally.
Leadership
Toshihiro Nakamura · President · $9K
Money in and out
$60K revenue, $20K expenses
Bottom line
8% program efficiency
Where the money goes · FY2024
Total revenue
$60K
Pt VIII · Ln 12
Total expenses
$20K
Pt IX · Ln 25
Net assets
$646K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $40K
Where spending went · Part IX cols B–D
Program services $0.08 Management & general $0.90 Fundraising $0.02
Program efficiency
8%
of spending reaches programs▼ -53% vs prior filing year
Operating runway
392.5mo
months of highly liquid reserves at operating expense rate▲ +7% vs prior filing year
Surplus margin
+67%
revenue over expenses, this year▲ ×12 vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$60K
FY2024▲ +221%
Expenses
$20K
FY2024▼ -1%
Total assets
$649K
FY2024▲ +6%
Total liabilities
$3K
FY20240%
Total revenue
$60K
Pt VIII · Ln 12
Total expenses
$20K
Pt IX · Ln 25
Net assets
$646K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$40K
Total assetsPt X · Ln 16$649K
Program-expense ratioPt IX · col B8%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKopernik Solutions
EINHdr · item D27-0962978
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.kopernik.info
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q33)
Ruling yearIRS BMFJul 2010

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$8,505Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Toshihiro Nakamura’s $9K as President is at the 31st percentile of top reported officer pay among 164 <$100K international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Toshihiro Nakamura$8,505$10,110$9,499$38,772
Toshihiro Nakamura$3,231

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $2K of program spending, described in the organization's own filed words · FY2024.
01

Through the organziation, a wide range of appropriate technology primarilly in the areas of energy, water and sanitation, have reached people in need in developing countries. Since inception, the organization has reached more than 565,000 people by facilitating the distribution of more than 163,000 units of technology.

$2Kprogram expense

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Statement of Revenue

Part VIII
Investment income$31K · 52%
Contributions & grants$29K · 48%
Investment income52%$31K
Contributions & grants48%$29K
Total revenueLn 12$60K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.08 Management & general $0.90 Fundraising $0.02
Program services8%$2K
Management & general90%$18K
Fundraising2%$396
Total functional expensesLn 25$20K

Balance Sheet

Part X · end of year
CashLn 1$70K
Total assetsLn 16$649K
Total liabilitiesLn 26$3K
Total net assetsLn 32$646K
Months of cash on handcomputed42.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $646K · Operating expenses/yr $20K
392.5 months
Where the money goes
Program services
Program services $2K · Total expenses $20K
8%
Management & General
Management & general $18K · Total expenses $20K
90%
Fundraising
Fundraising $396 · Total expenses $20K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $2K · Solicited contributions (3-yr avg) $15K
$0.15 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $29K · Total revenue $60K
48%
Government reliance
Government grants — · Total revenue $60K
Earned-income share
Program service revenue $0 · Total revenue $60K
0%
Investment reliance
Investment income $31K · Total revenue $60K
+52%
Program self-sufficiency
Program service revenue $0 · Total expenses $20K
0%
Growth & trend
Revenue growth (YoY)
This year $60K · Prior year $19K
Prior-year revenue below floor — showing dollar change
Revenue CAGR
FY2020 $180K · FY2024 $60K
-24%
Net-asset trend (YoY)
End of year $646K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $60K · Expenses $20K
+67%
Liabilities-to-Assets
Total liabilities — · Total assets $649K
Net-asset ratio
Net assets $646K · Total assets $649K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $576K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $649K
89%
People & payroll
Highest Reported Total Compensation
Individual Toshihiro Nakamura · Reported title PRESIDENT · Highest reported compensation $9K · Total expenses $20K
43%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $9K · Total expenses $20K
43%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 8%
Overhead ratio 90%
Fundraising cost ratio 1%
Revenue growth 221%
Accounting fee ratio 15%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$20K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$60K revenue · viewing · ⤓ 990 PDF
FY2023$19K revenue · ⤓ 990 PDF
FY2022$26K revenue · ⤓ 990 PDF
FY2021$259K revenue · ⤓ 990 PDF
FY2020$180K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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