Overview
What is Alms Karma Inc?
Alms Karma Inc is a charitable organization, established with a mission to serve socially beneficial causes. It operates under various sectors like charity, religion, education, and science. The corporation is notable for its role in supporting other nonprofit organizations that meet the criteria of Section 501(c)(3) of the Internal Revenue Code. Alms Karma Inc has successfully launched a funding mechanism for these nonprofits and has expanded its network in the nonprofit sector. Its primary objective is to distribute funds to eligible organizations, contributing to their respective charitable, religious, educational, or scientific endeavors.
Is Alms Karma Inc legitimate?
Alms Karma Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alms Karma Inc 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 Alms Karma Inc?
Alms Karma Inc is established with a charitable, religious, educational, and scientific purpose. The organization is set up to provide support to other charitable entities, falling under the category of exempt organizations under section 50 I (c) (3) of the Internal Revenue Code, or its future counterpart. One of its significant initiatives includes launching a funding vehicle to bolster nonprofits and expand its nonprofit network.
Who is the CEO of Alms Karma Inc?
Kari Watson is the Founder of Alms Karma Inc.
What is the revenue of Alms Karma Inc?
Alms Karma Inc's revenue in 2021 was $0.
Who are the executives of Alms Karma Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Alms Karma Inc?
Alms Karma Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.
Mission Statement of Alms Karma Inc
Alms Karma Inc, a charitable organization, is established with a multi-faceted mission. It is organized primarily for philanthropic, religious, educational, and scientific purposes. One of its key objectives is to contribute financially to other organizations that fall under the category of exempt organizations, specifically those recognized under section 501(c)(3) of the Internal Revenue Code or its corresponding section in any future federal tax code. Beyond this, Alms Karma Inc also strives to expand its nonprofit network and foster growth within the sector. By doing so, it aims to make a significant impact in various charitable, religious, educational, and scientific domains.
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Impact
October, 2024
Alms Karma Inc significantly impacts its community and beyond by promoting charitable, religious, educational, and scientific initiatives. By establishing a robust funding vehicle for nonprofits, it enhances the capacity of various organizations to carry out their missions effectively. Through these efforts, Alms Karma Inc not only supports existing organizations but also fosters the growth of a vibrant nonprofit network. This interconnected support system amplifies the reach and effectiveness of human services, ultimately benefiting the community of Cabot, AR, and contributing to a broader positive change in society.
This information is meant to be a general summary of Alms Karma Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
Assets and Liabilities:
- Total Assets: $1
- Total Liabilities: $0
- Net Assets: $1
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Organization Details
Phone
(501) 710-4712Principal Officer
Kari Watson
Main Address
2429 Canterbury Lane, Cabot, AR, 72023
NTEE Category
Code: P19 - Human services
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