2024-05-03T17:33:41-05:00 2023-06-30 946214841 ARMANINO LLP 2700 CAMINO RAMON STE 350 SAN RAMON CA 945835004 990 2022-07-01 237018406 KRISHNAMURTI FOUNDATION OF AMERICA KRIS 8056468236 1070 MCANDREW ROAD OJAI CA 93023 JACOB SLUIJTER EXECUTIVE DIRECTOR 8056468236 2024-05-03 1 JACOB SLUIJTER 999009999 1 KATY BROWN P00650274 9257902600 2024-04-25 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X JACOB SLUIJTER 1070 MCANDREW ROAD OJAI CA 93023 1776663 0 X HTTP://KFA.ORG X 1969 CA THE FOUNDATION OPERATES AN EDUCATIONAL INSTITUTION (OAK GROVE SCHOOL) AND OPERATES THE KRISHNAMURTI CENTER WHICH CONDUCTS SEMINARS, AND ENGAGES IN THE PUBLICATION AND DISTRIBUTION OF BOOKS, FILMS, AND RECORDINGS PROMULGATING THE TEACHINGS OF J. KRISHNAMURTI. 9 9 2 9 0 0 2659547 1269272 5336922 0 1294099 226729 189943 280662 9480511 1776663 735181 235000 0 0 4675895 108375 0 0 57759 2903019 468672 8314095 812047 1166416 964616 25329739 22568932 5543597 87764 19786142 22481168 THE FOUNDATION OPERATES AN EDUCATIONAL INSTITUTION (OAK GROVE SCHOOL) AND OPERATES THE KRISHNAMURTI CENTER WHICH CONDUCTS SEMINARS, AND ENGAGES IN THE PUBLICATION AND DISTRIBUTION OF BOOKS, FILMS, AND RECORDINGS PROMULGATING THE TEACHINGS OF J. KRISHNAMURTI. 0 0 604558 235000 KRISHNAMURTI FOUNDATION OF AMERICA ("KFA") IS A NOT-FOR-PROFIT FOUNDATION LOCATED IN OJAI, CALIFORNIA. KFA ESTABLISHED TWO ADDITIONAL ENTITIES OAK GROVE SCHOOL LLC ("OAK GROVE SCHOOL OR "OGS") AND THE KRISHNAMURTI CENTER, LLC (THE "CENTER OR "TKC") AS WHOLLY OWNED SUBSIDIARIES OF KFA. THE CONSOLIDATED FINANCIAL STATEMENTS OF KFA, OGS, AND TKC ARE COLLECTIVELY KNOWN AS THE FOUNDATION. OGS OPERATES AN EDUCATIONAL INSTITUTION AND CONDUCTS SEMINARS. TKC ENGAGES IN THE PUBLICATION AND DISTRIBUTION OF BOOKS, FILMS, AND RECORDINGS PROMULGATING THE TEACHINGS OF J. KRISHNAMURTI. THE FOUNDATION IS GOVERNED BY A BOARD OF TRUSTEES ("BOARD"). 604558 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 4 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X ANDREA SINGH 8056468236 1070 MCANDREW ROAD OJAI CA 93023 THERESA BULLA-RICHARDS CO-BOARD CHAIR 6.00 X X 0 0 0 RABINDRA SINGH CO-BOARD CHAIR & SECRETARY 6.00 X X 0 0 0 HENRY FISCHER BOARD MEMBER 3.00 X 0 0 0 KAREN HESLI BOARD MEMBER 3.00 X 0 0 0 CARL HOLBERT BOARD MEMBER 3.00 X 0 0 0 MARK LEE BOARD MEMBER 3.00 X 0 0 0 FRANCIS STEEN BOARD MEMBER 3.00 X 0 0 0 FRODE STEEN BOARD MEMBER 3.00 X 0 0 0 PATHIK WADHWA BOARD MEMBER 6.00 X 0 0 0 JACOB SLUIJTER EXECUTIVE DIRECTOR 37.50 X 100508 0 12882 TARA HAHN BUSINESS MANAGER 37.50 X 30670 31052 7856 131178 31052 20738 1 0 0 0 0 1269272 1269272 141281 141281 53512 53512 227150 0 227150 227150 227150 13448 72000 0 0 13448 72000 85448 85448 1776663 0 0 507391 235000 235000 99361 46163 53198 1834 917 917 7180 3590 3590 6264 6264 10090 10090 41580 41580 370 316 54 24 24 388919 350756 38163 BAD DEBT EXPENSE 12675 12675 BANK FEES 6231 5768 463 OTHER 2519 19 2500 812047 604558 149730 57759 3233921 54727 301025 2536374 67057 6291827 59499 926180 84585 14866956 8369171 9178462 6497785 955308 8571598 7631211 808784 700328 25329739 22568932 570382 87764 4973215 5543597 87764 X 18038227 21166966 1747915 1314202 19786142 22481168 25329739 22568932 X 964616 278887 1451523 0 X 0 1 X 1 0 X 1184178 992931 1725384 1291087 1269272 6462852 4866421 3947525 272898 157884 9244728 6050599 4940456 1998282 1448971 1269272 15707580 20256 14474 24171 14084 72985 77322 49704 141978 10769 149945 429718 97578 64178 166149 24853 149945 502703 15204877 83264 89192 154218 1201617 421943 1950234 83264 89192 154218 1201617 421943 1950234 6133863 5029648 2152500 2650588 1691215 17657814 0.86110 0.93450 0.11040 0.05150 X SCHEDULE A, PART III THE PRIOR YEAR FORM 990 WAS PREPARED ON A CONSOLIDATED BASIS THAT INCLUDED TWO SUBORDINATED ENTITIES WITHIN THE KFA'S GROUP EXEMPTION. THE TWO ENTITIES HAVE NOT BEEN INCLUDED IN THIS YEAR'S FORM 990 AND THE PRIOR PERIOD COLUMNS HAVE BEEN UPDATED TO REFLECT THE SCHEDULE A, PART III ON A STANDALONE BASIS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2889013 -44398 600732 2243883 4827835 255730 -946302 1248250 2889013 3977719 300000 1397143 847027 4827835 4831258 157760 1011299 3977719 4550504 186842 143904 50000 4831250 0.52780 0.27400 0.19820 0 1 1 1315573 1315573 12331409 7167364 5164045 356242 353261 2981 863732 848546 15186 6497785 X PART V, LINE 4: THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS ARE FOR SCHOLARSHIPS AND OPERATING COSTS. PART X, LINE 2: THE FOUNDATION IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL INCOME AND CALIFORNIA FRANCHISE TAXES UNDER THE PROVISIONS OF SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE AND 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. THE FOUNDATION HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2023, THE FOUNDATION DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. 1 OAK GROVE SCHOOL LLC 220 W LOMITA AVE OJAI CA 93023 844449744 501(C)(3) 160000 0 EDUCATION KRISHNAMURTI CENTER LLC 1098 MCANDREW ROAD OJAI CA 93023 844839432 501(C)(3) 75000 0 EDUCATION 2 PART I, LINE 2: AS PART OF THE OVERALL OPERATION OF KFA, THE FOUNDATION KEEPS CAREFUL TRACK OF THE USE OF FUNDS GRANTED TO ITS TWO RELATED ORGANIZATIONS, OAK GROVE SCHOOL LLC AND KRISHNAMURTI CENTER LLC. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 AND RELATED SCHEDULES IS CIRCULATED TO THE BOARD OF DIRECTORS OF THE ORGANIZATION. ANY QUESTIONS THEY HAVE ARE DISCUSSED WITH THE TAX PREPARER AND CHANGES ARE MADE IF NECESSARY. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO MEMBERS OF THE BOARD OF TRUSTEES, OFFICERS, EMPLOYEES, AND KEY PERSONNEL OF THE ORGANIZATION. THESE INDIVIDUALS ARE CONSIDERED "INSIDERS" UNDER THE POLICY. AFTER AN INSIDER DISCLOSES AN INTEREST AND ALL MATERIAL FACTS, THE BOARD IS RESPONSIBLE FOR DETERMINING IF A CONFLICT OF INTEREST EXISTS. THE BOARD DELIBERATES ON THE TRANSACTION IN THE ABSENCE OF THE INSIDER(S) AND ANY OTHER INTERESTED PERSON(S) INVOLVED IN THE TRANSACTION. CONFLICTS OF INTEREST ARE REVIEWED AND ADDRESSED AT THE BOARD LEVEL. THE BOARD MAY ASK QUESTIONS AND RECEIVE PRESENTATIONS FROM INSIDERS AND INTERESTED PARTIES BUT DELIBERATES AND VOTES ON THE TRANSACTION IN THEIR ABSENCE TO ENSURE IMPARTIALITY. IF THE BOARD DETERMINES THAT AN INSIDER HAS FAILED TO DISCLOSE A CONFLICT OF INTEREST, APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION IS TAKEN. THE POLICY PROHIBITS VOTING MEMBERS WITH CONFLICTS FROM PARTICIPATING IN MATTERS PERTAINING TO THEIR COMPENSATION. THE TRUSTEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 SALARIES OF THE ORGANIZATION'S OFFICERS ARE APPROVED ANNUALLY BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 8 THE TAX RETURN INCLUDES A PRIOR PERIOD ADJUSTMENT OF $1,451,523. THE PRIOR YEAR FORM 990 WAS PREPARED ON A CONSOLIDATED BASIS THAT INCLUDED TWO SUBORDINATED ENTITIES WITHIN THE KFA'S GROUP EXEMPTION. THE TWO ENTITIES HAVE NOT BEEN INCLUDED IN THIS YEAR'S FORM 990 AND THE PRIOR PERIOD ADJUSTMENT IS TO REFLECT THIS AND RECONCILE THE NET ASSETS TO THE STANDALONE KFA FORM 990. OAK GROVE SCHOOL LLC 220 W LOMITA AVE OJAI CA 93023 844449744 PK-12 SCHOOL CA 501(C)(3) LINE 2 KRISHNAMURTI FOUNDATION OF AMERICA 1 KRISHNAMURTI CENTER LLC 1098 MCANDREW ROAD OJAI CA 93023 844839432 EDUCATION CA 501(C)(3) LINE 7 KRISHNAMURTI FOUNDATION OF AMERICA 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 OAK GROVE SCHOOL LLC A 154714 LEASE AGREEMENT KRISHNAMURTI CENTER LLC A 72436 LEASE AGREEMENT OAK GROVE SCHOOL LLC B 160000 OPERATING AGREEMENT KRISHNAMURTI CENTER LLC B 75000 OPERATING AGREEMENT