Karma Tutors Impact Fund

Nonprofit profile at a glance

EIN
852030930
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024
Location
Rico, CO, USA
Phone
4109806194
Rating confidence
Limited
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$46,211
Expenses
$35,921
Assets
$43,812
Liabilities
$100

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Mary Hearding (President & CEO)

People named in this filing

  • Mary Hearding (President & CEO)
  • Jill O'Dell (Treasurer)
  • Joanna MacDonald (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Karma Tutors Impact Fund brings equity to education in rural Colorado. By providing one-to-one educational support to students from vulnerable populations, we strive to increase the diversity of college-bound students, promote language justice in education, and create opportunities for people of all backgrounds to give back.

What it reported doing in 2024

Provided tutoring services to underserved students by funding professional instructors and covering program-related expenses. Supported educational programs that benefited the community through grants and contributions

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 61
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 22.3%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 1.22; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 76.2% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 41.9% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 39.2% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.