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Great Carma Foundation A New Jersey Nonprofit Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 831279535 ✦ Montvale, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Great Carma Foundation A New Jersey Nonprofit Corporation?

The Great Carma Foundation, a New Jersey-based nonprofit corporation, is committed to fostering awareness and providing educational funding for skilled trades. They accomplish this by utilizing the revenue generated from donated vehicles. The foundation's goal is to introduce youth to the prospects of pursuing careers as automotive technicians or other trade specialists. By exposing young individuals to these opportunities, the Great Carma Foundation aims to encourage and support their educational journey in these fields.

Is Great Carma Foundation A New Jersey Nonprofit Corporation legitimate?

Great Carma Foundation A New Jersey Nonprofit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Great Carma Foundation A New Jersey Nonprofit Corporation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Great Carma Foundation A New Jersey Nonprofit Corporation?

The Great Carma Foundation, as a nonprofit entity, is committed to raising awareness and providing educational funding for skilled trades. They achieve this by utilizing the revenue generated from donated vehicles. This revenue is then utilized to introduce young individuals to the various opportunities available in becoming proficient in automotive technology or other specialized trades. Essentially, the foundation's mission is to foster learning and exposure in the field of skilled trades, thereby empowering the youth.

Who is the CEO of Great Carma Foundation A New Jersey Nonprofit Corporation?

Vincent Kung is the President of Great Carma Foundation A New Jersey Nonprofit Corporation.

What is the revenue of Great Carma Foundation A New Jersey Nonprofit Corporation?

Great Carma Foundation A New Jersey Nonprofit Corporation's revenue in 2021 was $11,937.

Who are the executives of Great Carma Foundation A New Jersey Nonprofit Corporation and what are their salaries?


There is 1 key member and their salary:


Vincent Kung (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Great Carma Foundation A New Jersey Nonprofit Corporation?

Great Carma Foundation A New Jersey Nonprofit Corporation's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of Great Carma Foundation A New Jersey Nonprofit Corporation

The Great Carma Foundation, a New Jersey-based nonprofit organization, is dedicated to raising awareness and providing educational funding for skilled trades education. Through the revenue generated from donated vehicles, this foundation aims to introduce youth to the vast opportunities in becoming automotive technicians or specialists in other trades. By doing so, the Great Carma Foundation aims to broaden the horizons of young individuals and expose them to potential careers in these fields. The organization's mission is to foster a strong interest in skilled trades, thereby equipping the next generation with the necessary knowledge and skills for successful careers in these fields.

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Impact




August, 2024

Great Carma Foundation's impact is focused on providing awareness and educational funding for schooling in skilled trades. By utilizing the proceeds from donated vehicles, the foundation exposes youth to the opportunities available in becoming an automotive technician or other trade specialist. This unique approach helps in bridging the gap between traditional education and valuable vocational skills, ultimately empowering individuals to pursue rewarding careers in skilled trades.




This information is meant to be a general summary of Great Carma Foundation A New Jersey Nonprofit Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$11,937 (2021)
Expenses
$7,470 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $11,937
  • Gross Receipts: $11,937

Assets and Liabilities:

  • Total Assets: $22,651
  • Total Liabilities: $0
  • Net Assets: $22,651

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Organization Details

Principal Officer

Vincent Kung

Main Address

110 CHESTNUT RIDGE ROAD 320, MONTVALE, NJ, 07645

NTEE Category

Code: B82 - Education

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