Nonprofit · EIN 27-2767578
SHARMADA FOUNDATION INC
Tax-exempt · KEY BISCAYNE, FL 33149
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,192,369 | $3,056,680 | $135,689 | $282,386 | $149,397 | $132,989 |
| December 31, 2024 | 990 | $1,430,711 | $1,566,724 | -$136,013 | $48,508 | $51,208 | -$2,700 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $477,141
- Program service revenue
- $2,710,132
- Investment income
- $5,096
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $131,909
- Salaries, compensation and benefits (total)
- $142,007
- Professional fundraising fees
- $0
- Accounting fees
- $16,800
- Occupancy
- $463,038
- Travel
- $192,802
- Depreciation
- $32,895
- Program services (functional)
- $2,857,899
- Management and general (functional)
- $198,781
Balance sheet and other
- Total assets, start of year
- $48,508
- Total assets, end of year
- $282,386
- Total liabilities, end of year
- $149,397
- Net assets, end of year
- $132,989
- Land, buildings and equipment
- $9,634
- Net assets without donor restrictions
- $132,989
- Gross receipts
- $3,192,369
- Employees
- 1
- Volunteers
- 7
- Year formed
- 2010
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUGLAS P CONNOR | DIRECTOR Trustee or director | 45 | $131,909 |
| BELEN CRISTINO | DIRECTOR Trustee or director | 40 | $0 |
| CYNTHIA LYN ROWE | DIRECTOR Trustee or director | 5 | $0 |
| ROSA SUGRANES | DIRECTOR Trustee or director | 10 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUGLAS P CONNOR | DIRECTOR Trustee or director | 45 | $131,909 |
| BELEN CRISTINO | DIRECTOR Trustee or director | 40 | $0 |
| CYNTHIA LYN ROWE | DIRECTOR Trustee or director | 5 | $0 |
| ROSA SUGRANES | DIRECTOR Trustee or director | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 685 HARBOR LN, KEY BISCAYNE, FL 33149-1713
- Principal officer (990 for 2025)
- BELEN CRISTINO, 675 NE 50TH TERRACE, MIAMI, FL 33137
- Signed the 990
- BELEN CRISTINO, DIRECTOR
- Phone
- (305) 439-8864
- Website
- WWW.SHARMADA.ORG
- Return prepared by
- ANTHONY C LOSURDO CPA PA
Mission
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
Program accomplishments
- THROUGH TEACHINGS (VIA RETREATS, SEMINARS, MEETINGS AND OTHER 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 INDIVIDUALS BETTER CITIZENS. OUR TARGET AUDIENCE RANGES IN AGE FROM 18-78.Expenses $2,857,899 · revenue $2,710,132
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-2767578
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $282,386
- Income (IRS master file)
- $3,192,369
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,192,369 | $3,056,680 | $282,386 | IRS |
| 990 | December 2024 | $1,430,711 | $1,566,724 | $48,508 | IRS |
| 990 | December 2023 | $915,812 | $837,247 | $188,083 | IRS |
| 990 | December 2022 | $537,886 | $946,956 | $99,266 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about SHARMADA FOUNDATION INC
- What is the EIN of SHARMADA FOUNDATION INC?
- The employer identification number (EIN) of SHARMADA FOUNDATION INC is 27-2767578.
- Is SHARMADA FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to SHARMADA FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SHARMADA FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SHARMADA FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SHARMADA FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of SHARMADA FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names BELEN CRISTINO.
- Who are the officers and directors of SHARMADA FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $131,909 (DOUGLAS P CONNOR, DIRECTOR).
- How much revenue does SHARMADA FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,192,369, expenses of $3,056,680 and total assets of $282,386 at year end.
Other nonprofits in KEY BISCAYNE
- FUNDACION HERMANOS DE LA CALLE INC EIN 82-1322053 · last filed 990 for 2024
- MOTIVATING MINDS LEARNING INC EIN 99-2081937 · last filed 990 for 2025
- ADH FOUNDATION INC EIN 93-4317815 · last filed 990 for 2025
- TENNIS FOR COLOMBIA FOUNDATION INC EIN 81-1841604 · last filed 990-EZ for 2025
- FRIENDS OF ECHALE INC EIN 84-3121639 · last filed 990-N for 2025
- PURPOSE COMMUNITY INC EIN 27-2288983 · last filed 990-N for 2024
- KEY BISCAYNE COMMUNITY FOUNDATION INC EIN 30-0239421 · last filed 990 for 2024
- KEY BISCAYNE YACHT CLUB INC EIN 59-0798689 · last filed 990 for 2025