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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 93-0845103

MAHAKARUNA FOUNDATION

Tax-exempt · CAZADERO, CA 95421

Financials

$119K$164K2024
Revenue Expenses · by fiscal year end
Financials of MAHAKARUNA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$118,731$163,965-$45,234$198,194$0$198,194
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$108,322
Program service revenue
$0
Investment income
$10,409
Other revenue
$0

Expenses

Grants and similar amounts paid
$146,940
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fees and payments to contractors
$2,004
Printing, publications and postage
$346
Other expenses
$14,675
Program services (functional)
$146,941

Balance sheet and other

Total assets, start of year
$268,428
Total assets, end of year
$198,194
Total liabilities, end of year
$0
Net assets, end of year
$198,194
Cash, savings and investments
$198,194
Gross receipts
$118,731

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.

NameTitleHours / weekCompensation
Jigme TromgePresident and Director0.5$0
Jane TromgeVice President and Director0$0
David PicciottoSecretary, Treasurer, and Director6$0

Address and contacts

Address (IRS master file)
PO BOX 83, CAZADERO, CA 95421-0083
In care of
% DAVE PICCIOTTO
Signed the 990-EZ
Dave Picciotto, Treasurer
Phone
(707) 632-5629

Mission

The organization's primary exempt purpose is to provide service to the refugee and destitute peoples of Buddhist countries, to preserve Buddhist teachings and the cultural/religious heritage of those who follow the teachings.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Support for the education, training, housing, medical and physical care, and food for Buddhist teachers/practitioners.
    Expenses $52,657 · grants $52,657
  • Provided funds to assist with the reconstruction and repair of a monastery that was severely damaged by fire
    Expenses $27,173 · grants $27,173
  • Provided support for Buddhist education programs in Asia
    Expenses $22,696 · grants $22,696
  • Akshobhya meditation practice and mantra recitation by monastics holding vows of poverty was done for 165 beings, and 60 sacred images of the Buddha Akshobhya were created.
    Expenses $17,837 · grants $17,837
  • Provided funds for monastics holding vows of poverty to conduct religious ceremonies on behalf of all beings.
    Expenses $11,655 · grants $11,655
  • The lives of 57 yaks were ransomed so that these animals can live out their lives in peace, while supporting nomadic families with milk and hair (they will now not be slaughtered for meat or used as beasts of burden).
    Expenses $5,193 · grants $5,193
  • Support for monasteries which provide housing, food, education, and other care to monastics holding vows of poverty
    Expenses $4,642 · grants $4,642
  • General support of monastics holding vows of poverty (food, clothing, housing)
    Expenses $4,088 · grants $4,088
  • Provided funds to help with the repair and reconstruction of a water system for a Himalayan community.
    Expenses $1,000 · grants $1,000

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2025 990-EZ for MAHAKARUNA FOUNDATION

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
93-0845103
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
1983
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$198,194
Income (IRS master file)
$118,731

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024–––IRS
990-EZDecember 2023$94,763$258,273$268,428IRS
990-EZDecember 2022–––IRS
990-EZDecember 2021–––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 MAHAKARUNA FOUNDATION

What is the EIN of MAHAKARUNA FOUNDATION?
The employer identification number (EIN) of MAHAKARUNA FOUNDATION is 93-0845103.
Is MAHAKARUNA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
Are donations to MAHAKARUNA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MAHAKARUNA FOUNDATION 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 MAHAKARUNA FOUNDATION 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 MAHAKARUNA FOUNDATION 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 MAHAKARUNA FOUNDATION?
The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does MAHAKARUNA FOUNDATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $118,731, expenses of $163,965 and total assets of $198,194 at year end.

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