Kara Lota Foundation Inc
- Assets
- $44.3k
- Revenue
- $226.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Westlake Village, CA
- Founding
- 06/2018
- Data as of
- 12/2023
- EIN
- 81-4569392
Organization Overview
Kara Lota Foundation Inc is located in Westlake Village, CA. The organization was established in 2018. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kara Lota Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Kara Lota Foundation Inc generated $226.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 38.5% each year . All expenses for the organization totaled $211.3k during the year ending 12/2023. While expenses have increased by 38.4% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
KARA LOTA FOUNDATION IS A RELIGUIOUS ORGANIZATION WHOSE PRIMARY OBJECTIVE IS TO PROVIDE SUPPORT FOR SCHOOLS AND RELIGIOUS EDUCATIONAL ESTABLISHED SERVICES IN THE USA AS WELL AS ABROAD, EMERGENCY AID (FLOOD, EARTHQUAKE, REFUGEE CRISIS) EDUCATIONAL FEES FOR ORPHANS, MEDICAL AND HEALTHCARE FOR THE POOR, HOME REPAIRS, SUPPORT FOR ORPHANAGES, FOOD DISTRIBUTION, WHEELCHAIRS FOR DISABLED, VOCATIONAL SUPPORT FOR WOMEN EMPOWERMENT, WATER AID IN DROUGHT AREAS AND BUILDING TUBEWELLS IN REMOTE VILLAGES AS WELL AS GENERAL HUMANITARIAN AID
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAJORITY OF THE EXPENSES ARE RELATED TO PROVIDING FOOD FOR THE POOR ACROSS MANY REGIONS. KLF SUPPORTED THE POOR, WIDOWS AND ORPHAN FAMILIES WITH MONTHLY FOOD PARCELS. THE PRE-DURING AND POST RAMADAN, FOOD PARCELS ALSO INCREASED SIGNIFICANTLY IN MANY COUNTRIES AS DID THE NUMBER OF ORPHANAGES AND SCHOOLS AND HOMELESS SERVED. DAILY BREAKFAST AT ONE ORPHANGE IN BANGLADESH WITH 65 CHILDRED CONTINUED.
THE MAJORITY OF EXPENSES ARE RELTED TO PROVIDING FOOD FOR THE POOR ACROSS MANY REGIONS KLF SUPPORTED THE POOR, WIDOW AND ORPHAN FAMILIES WITH MONTHLY FOOD PARCELS, THE PRE-DURING AND POST RAMADAN, FOOD PARCELS ALSO INCREASED SIGNIFICANTLY IN MANY COUNTRIES AS DID THE NUMBER OF ORPHANAGES AND SHCOOLS AND HOMELESS SERVED DAILY BREAKFAST AT ONE ORPHANGE IN BANGLADESH WITH 65 CHILDRED CONTINUED MEDICAL AND HEALTHCARE FOR THE POOR, HOME REPAIRS, SUPPORT FOR ORPHANGES, FOOD, DISTRIBUTION WIDOW AND ORPHAN SUPPORT, WHEELCHAIRS FOR THE DISABLED, VOCATIONAL SUPPORT., ETC
A YOUNG NIGERIA BOY WAS SUPPORTED WITH HEART AND BRAIN OPERATION AS WAS A NIGERIAN LADY IN NEED OF A LEG AMPUTATION DUE TO GANGRENE. FREE MEDICAL CLINICS WERE HELD IN KENYA FOR CATARACT OPERATIONS. WHEELCHAIRS OR PROSTHETICS WERE PROVIDED TO THE DISABLED. AID WAS PROVIDED TO DISPLACED SURVIVORS OF FLOODS IN PAKISTAN AND BANGLEDESH, AND EARTHQUAKES IN TURKEY, AND FIRES IN DHAKA SLUMS. PROVIDED FOR WATER BLANKET PROGRAM FOR AREAS HIT BY SEVERE COLD WEATHER
EDUCATION, SHELTER: SCHOLARSHIPS AND UNIVERSITY FEES PAID FOR ORPHAN YOUNG WOMEN INTERESTED IN CONTINUING FURTHER EDUCATION. ORPHANGES WERE BUILT, HOMES FOR THE DISABLED PROVIDED, DILAPIDATED HOMES REPAIRED FOR ELDERLY WIDOW, ASSISTANCE PROVIDED
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zubeda Kara Chief Executive And Treasurer | Officer | 25 | $0 |
Yasmin Bhuj Secretary | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $226,523 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $226,523 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $226,523 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $211,322 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,335 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $44,335 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $44,335 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $44,335 |