Sharmada Foundation INC FY2020 filing

Tax-deductible

Key Biscayne, FL501(c)(3)Since 2010Human ServicesEIN 27-2767578Revenue $657K in FY2020

On file with the IRSsharmada.org685 Harbor Ln, 33149-1713 · Key Biscayne, FLTax-exempt since Jun 2015Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

The foundation's mission is to be a vehicle for the dissemination of the wisdom, love, grace and inspiration of the divine for the highest benefit and wellbeing of humanity

501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
$93K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
3 of 6
filings with a surplus
Average deficit $52K a year · 4% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$93K
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
10 mo
of spending, in cash
Looks good: 9.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $135K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$254K
30% of total assets
Looks good: liabilities are 30% 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
$657K
Spent
$494K
To programs
98%
Net assets
$608K
By yearFY2020–FY2025
Revenue
$657K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$657K
FY2021$301K
FY2022$538K
FY2023$916K
FY2024$1.4M
FY2025$3.2M
Expenses
$494K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$494K
FY2021$445K
FY2022$947K
FY2023$837K
FY2024$1.6M
FY2025$3.1M
Net assets
$608K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$608K
FY2021$464K
FY2022$55K
FY2023$133K
FY2024−$3K
FY2025$133K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Give Claim
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 Jun 2015.

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

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $485K Management & general 2% · $8K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

4 people listed on the 990; $93K paid to officers and key staff.

Part VII, Section A · reportable compensation
$92,984Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Douglas P Connor’s $132K as Director is at the 63rd percentile of top reported officer pay among 3868 $1–10M human services 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Douglas P Connor$131,909$131,909$116,926$84,764$88,924$92,984
Belen Cristino——$23,516———

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.

See Sharmada Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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

Offers wisdom, love, grace, and inspiration to uplift and guide people.

Questions for Sharmada Foundation INC

Tap to ask. Sharmada Foundation INC sees how many people are interested.

Your first name shows with your question. Sharmada Foundation INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $485K · in their own filed words · FY2020
01

Through teachings (via retreats, seminars, meetings and other channels), the foundation has assisted and uplifted many of its members and other interested individuals. Specifically, the foundation has received much feedback indicating that we have improved the quality of life for certain married individuals and have made other…

$485Kprogram 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 2 funders$135K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$657K
Ln 12
Gifts and grantsLn 1h$545K
Fees for servicesLn 2g$112K
Investment incomeLn 3$20
Money outPt IX
$494K
Ln 25
Programscol B$485K
Managementcol C$8K
Owns and owesPt X
$608K
net assets · Ln 32
Cash and savingsLn 1–2$401K
Total assetsLn 16$862K
LiabilitiesLn 26$254K
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$545K
Fees for servicesLn 2g$112K
Investment incomeLn 3$20
Total revenueLn 12$657K
Assets in detailPt X, end of year
CashLn 1$401K
Cash and savings togetherLn 1–2$401K
Land, buildings, equipmentLn 10c$17K
Other assetsLn 15$309K
Total assetsLn 16$862K
LiabilitiesLn 26$254K
Net assetsLn 32$608K
OperationsPt I, VI
EmployeesI 51
VolunteersI 67
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$115K$401K
Land, buildings, equipmentLn 10c$35K$17K
Total assetsLn 16$448K$862K
LiabilitiesLn 26$4K$254K
Net assetsLn 32$444K$608K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$93K$93K
Payroll taxesLn 10$6K$6K
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$7K$7K
Other fees for servicesLn 11g$183K$183K
Advertising and promotionLn 12$19K$19K
Office expensesLn 13$20K$20K
Information technologyLn 14$3K$3K
OccupancyLn 16$25K$25K
TravelLn 17$7$7
Conferences, conventions and meetingsLn 19$80K$80K
InterestLn 20$111$111
Depreciation, depletion and amortizationLn 22$18K$18K
Other expenses (24a–d)Ln 24$38K$38K
Total functional expensesLn 25$494K$485K$8K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.2M$3.1M$136K$133K 990 PDF
FY2024 $1.4M$1.6M−$136K−$3K 990 PDF
FY2023 $916K$837K$79K$133K 990 PDF
FY2022 $538K$947K−$409K$55K 990 PDF
FY2021 $301K$445K−$144K$464K 990 PDF
FY2020 Viewing $657K$494K$164K$608K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 (6 parts)
Part I · Summary $657,440 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $323,729$545,491
I-9 Program service revenuePrior year $173,707$111,929
I-10 Investment incomePrior year $0$20
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $497,436$657,440
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,510$98,720
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $271,684$395,009
I-18 Total expensesPrior year $274,194$493,729
I-19 Revenue less expensesPrior year $223,242$163,711
Part VI · Governance 3 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $657,440 across 5 lines filed
VIII-1f All other contributions, gifts and grants$545,491
VIII-1h Total contributions, gifts and grants$545,491
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $111,929$111,929
VIII-3 Investment incomeExcluded from tax $20$20
VIII-12 Total revenueRelated to mission $111,929 · Unrelated business $0 · Excluded from tax $20$657,440
Part IX · Statement of functional expenses $493,729 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $92,984$92,984
IX-10 Payroll taxesPrograms $5,736$5,736
IX-11b Legal feesManagement $1,355$1,355
IX-11c Accounting feesManagement $6,861$6,861
IX-11g Other fees for servicesPrograms $183,485$183,485
IX-12 Advertising and promotionPrograms $19,300$19,300
IX-13 Office expensesPrograms $19,958$19,958
IX-14 Information technologyPrograms $3,000$3,000
IX-16 OccupancyPrograms $24,538$24,538
IX-17 TravelPrograms $7$7
IX-19 Conferences, conventions and meetingsPrograms $80,259$80,259
IX-20 InterestManagement $111$111
IX-22 Depreciation, depletion and amortizationPrograms $17,896$17,896
IX-24 Other expenses (24a–d)Programs $38,239$38,239
IX-25 Total functional expensesPrograms $485,402 · Management $8,327 · Fundraising $0$493,729
Part X · Balance sheet $862,325 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $115,025$401,007
X-9 Prepaid expenses and deferred chargesStart of year $158,542$135,591
X-10c Land, buildings and equipment, netStart of year $34,750$16,853
X-15 Other assetsStart of year $139,744$308,874
X-16 Total assetsStart of year $448,061$862,325
X-17 Accounts payable and accrued expensesStart of year $3,885$254,438
X-26 Total liabilitiesStart of year $3,885$254,438
X-27 Net assets without donor restrictionsStart of year $444,176$607,887
X-32 Total net assets or fund balancesStart of year $444,176$607,887
X-33 Total liabilities and net assetsStart of year $448,061$862,325
Part XI · Reconciliation of net assets $607,887 net assets at year end
XI-1 Total revenue$657,440
XI-2 Total expenses$493,729
XI-3 Revenue less expenses$163,711
XI-4 Net assets at start of year$444,176
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$607,887

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.