THE KARMA HOUSE (EIN 853216470) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

THE KARMA HOUSE, founded in 2020, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $614K, a strong 55% operating margin.

Mission

OUR MISSION IS TO IMPROVE THE LIVES OF OUR GUESTS AND DONATE PROCEEDS TO LOCAL CHARITIES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,441,223

Program Service Revenue $0

Investment Income $0

Other Revenue $-317,438

TOTAL REVENUE $1,123,785

Expense Breakdown

Grants Paid $0

Salaries & Benefits $246,986

Fundraising Expenses $12,565

Program Expenses $91,136

Other Expenses $263,285

TOTAL EXPENSES $510,271

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,123,785	$890,288	+0.3%
Expenses	$510,271	$727,305	-0.3%
Net Income	$613,514	$162,983	+2.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEONNA LUPOLA	SECRETARY	40.00	Officer	$0	$0	$0
NICK GNIESKI	PRESIDENT	40.00	Officer	$0	$0	$0
MOLLIE PAIGE	TREASURER	40.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$1,123,785	$510,271	$676,183	$613,514
2022	$890,288	$727,305	$142,924	$162,983
2021	$590,257	$619,702	$116,676	$-29,445

THE KARMA HOUSE