Nonprofit · EIN 87-2854363
KARLY FOUNDATION INC
Tax-exempt (reinstated) · LAS VEGAS, NV 89121
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $115,280 | $39,628 | $75,652 | $197,268 | $647 | $196,621 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $110,000
- Other revenue
- $5,280
Expenses
- Grants and similar amounts paid
- $31,699
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $6,615
- Occupancy
- $229
- Printing, publications and postage
- $6
- Other expenses
- $1,079
- Program services (functional)
- $31,699
Balance sheet and other
- Total assets, start of year
- $121,716
- Total assets, end of year
- $197,268
- Total liabilities, end of year
- $647
- Net assets, end of year
- $196,621
- Cash, savings and investments
- $197,268
- Gross receipts
- $115,280
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRISTEN JOHANSON | DIRECTOR | 5 | $0 |
| JENS JOHANSON | PRESIDENT,SECRETARY,TREASU | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 3225 MCLEOD DRIVE SUITE 100, LAS VEGAS, NV 89121-2257
- In care of
- % JENS JOHANSON
- Signed the 990-EZ
- JENS JOHANSON, PRESIDENT
- Phone
- (206) 755-7790
- Return prepared by
- ANDERSON GLOBAL BUSINESS GROUP LLC
Mission
KIDS & CANINES-HOUSING, FOOD, EDUCATION
Program accomplishments
- THE NONPROFIT WAS FORMED FOR THE PURPOSE OF PROMOTING AWARENESS OF THE NEEDS OF KIDS AND CANINES IN THE COMMUNITY AND TO PROVIDE HOUSING, FOOD AND EDUCATION. THE ORGANIZATION DISTRIBUTED GROCERIES, CLOTHING AND OTHER NECESSITIES TO THE COMMUNITY. THE NONPROFIT MAY ALSO COORDINATE WITH OTHER NONPROFITS THAT PROVIDE THIS TYPE OF SUPPORT IN THE COMMUNITY. THE NONPROFIT MADE DONATIONS TO OTHER NONPROFITS DURING 2024 OF OVER $17,000.Expenses $31,699 · grants $31,699
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 87-2854363
- 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
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Crime and legal-related (I72)
- Assets (IRS master file)
- $197,268
- Income (IRS master file)
- $115,280
Revocation and reinstatement
- Exemption revoked
- May 15, 2024
- Posted by the IRS
- August 12, 2024
- Reinstated
- Effective May 15, 2024
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $115,280 | $39,628 | $197,268 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 87-2854363).
Questions about KARLY FOUNDATION INC
- What is the EIN of KARLY FOUNDATION INC?
- The employer identification number (EIN) of KARLY FOUNDATION INC is 87-2854363.
- Is KARLY FOUNDATION INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2024 and reinstated it effective May 15, 2024.
- Are donations to KARLY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KARLY 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 KARLY FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KARLY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of KARLY FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does KARLY FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $115,280, expenses of $39,628 and total assets of $197,268 at year end.
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All nonprofits in LAS VEGAS · Nevada · Crime and legal-related