Kopernik Solutions FY2021 filing

Tax-deductible

New York, NY501(c)(3)InternationalEIN 27-0962978

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The organization was formed for the charitable purpose of providing developmental assistance to poor and disadvantaged communities in the world.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
$3K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $189K a year · 174% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3K
to officers and key staff · 0.8% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 7.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $20K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$14K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 4 voting members
Looks good: 3 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$259K
+44% vs prior year
Spent
$394K
To programs
91%
Net assets
$792K
By yearFY2020–FY2024
Revenue
$259K
FY2021▲ +44%
Revenue by fiscal year
FY2020$180K
FY2021$259K
FY2022$26K
FY2023$19K
FY2024$60K
Expenses
$394K
FY2021▼ -57%
Expenses by fiscal year
FY2020$909K
FY2021$394K
FY2022$145K
FY2023$20K
FY2024$20K
Net assets
$792K
FY2021▼ -14%
Net assets by fiscal year
FY2020$922K
FY2021$792K
FY2022$582K
FY2023$611K
FY2024$646K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2010.

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

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $357K Management & general 7% · $28K Fundraising 2% · $8K

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

4 people listed on the 990; $3K paid to officers and key staff.

Part VII, Section A · reportable compensation
$3,231Pt 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 30th percentile of top reported officer pay among 166 <$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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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 15aYes

Programs and updates

Provides developmental aid to poor and disadvantaged communities globally.

Provided by the organization

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1 program service account for $357K of program spending, described in the organization's own filed words · FY2021.
01

Through the organization, a wide range of appropriate technologies,primarily in the areas of energy, water and sanitation, have reached peoplein need in developing countries. Since inception, the organization hasreached more than 565,000 people by facilitating the distribution of more than163,000 units of technology.

$357Kprogram 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$20K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$259K
Ln 12
Gifts and grantsLn 1h$259K
Money outPt IX
$394K
Ln 25
Programscol B$357K
Managementcol C$28K
Fundraisingcol D$8K
Owns and owesPt X
$792K
net assets · Ln 32
Cash and savingsLn 1–2$231K
Total assetsLn 16$805K
LiabilitiesLn 26$14K
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$259K
Gains on assetsLn 7$0
Total revenueLn 12$259K
Assets in detailPt X, end of year
CashLn 1$231K
SavingsLn 2$0
Cash and savings togetherLn 1–2$231K
InvestmentsLn 11–13$574K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$805K
LiabilitiesLn 26$14K
Net assetsLn 32$792K
OperationsPt I, VI
EmployeesI 50
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$977K$231K
InvestmentsLn 11–13$10K$574K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$1.0M$805K
LiabilitiesLn 26$86K$14K
Net assetsLn 32$922K$792K
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$350K$350K
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$12K$3K$9K
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$14K$14K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$4K$4K
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$4K$2K$2K
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$9K$4K$3K$2K
All other expensesLn 24e$0
Total functional expensesLn 25$394K$357K$28K$8K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $60K$20K$40K$646K 990 PDF
FY2023 $19K$20K−$1K$611K 990 PDF
FY2022 $26K$145K−$119K$582K 990 PDF
FY2021 Viewing $259K$394K−$135K$792K 990 PDF
FY2020 $180K$909K−$729K$922K 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 FY2021 990 (4 parts)
Part VIII · Statement of revenue $258,776 across 8 lines filed
VIII-1f All other contributions, gifts and grants$258,776
VIII-1h Total contributions, gifts and grants$258,776
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$258,776
Part IX · Statement of functional expenses $393,633 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipientsPrograms $350,000$350,000
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $3,231 · Management $8,996$12,227
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 $14,246$14,246
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesFundraising $4,200$4,200
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technologyManagement $1,761 · Fundraising $1,818$3,579
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)Programs $4,176 · Management $2,844 · Fundraising $2,361$9,381
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $357,407 · Management $27,847 · Fundraising $8,379$393,633
Part X · Balance sheet $805,492 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $976,641$230,722
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $20,770$100
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $500$1,168
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securitiesStart of year $9,915$573,502
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $1,007,826$805,492
X-17 Accounts payable and accrued expensesStart of year $3,109$13,500
X-26 Total liabilitiesStart of year $85,654$13,500
X-27 Net assets without donor restrictionsStart of year $922,172$791,992
X-32 Total net assets or fund balancesStart of year $922,172$791,992
X-33 Total liabilities and net assetsStart of year $1,007,826$805,492
Part XI · Reconciliation of net assets $791,992 net assets at year end
XI-1 Total revenue$258,776
XI-2 Total expenses$393,633
XI-3 Revenue less expenses−$134,857
XI-4 Net assets at start of year$922,172
XI-5 Net unrealized gains (losses) on investments$4,677
XI-10 Net assets at end of year$791,992

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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