Karma Tutors Impact Fund is located in Rico, CO. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Karma Tutors Impact Fund 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 08/2022, Karma Tutors Impact Fund generated $18.0k in total revenue.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THIS YEAR, WE WERE ABLE TO ACT ON OUR STATED MISSION AND TUTOR STUDENTS. THROUGH OUR SERVICES, STUDENTS WHO OTHERWISE WOULD NOT HAVE HAD ACCESS TO ONE-ON-ONE ACADEMIC SUPPORT FOUND SUCCESS IN THEIR STUDIES IN THE FIELDS OF MATHEMATICS, HISTORY, ENGLISH, AND SCIENCE. WE ALSO STARTED CONNECTING STUDENTS AT RISK FOR LEARNING DISABILITIES WITH SPECIALISTS WHO WERE ABLE TO MAKE RECOMMENDATIONS FOR THEIR PARENTS USING STANDARDIZED PRE-DIAGNOSTIC TOOLS. THROUGHOUT OUR FIRST YEAR OF PROVIDING THESE SERVICES, WE WERE ABLE TO HELP STUDENTS PASS CLASSES THEY MAY NOT HAVE PASSED, ACCESS LEARNING SPECIALISTS TO HELP THEIR PARENTS ADVOCATE FOR THEIR NEEDS, AND EVEN GRADUATE: ONE STUDENT HAD TO MAKE UP AN ENTIRE COURSE AFTER MISSING SIGNIFICANT SCHOOL TIME DUE TO SERIOUS ILLNESS. OUR PROGRAM IS STILL SMALL, BUT THE IMPACT ON STUDENT OUTCOMES IS ALREADY DEMONSTRABLY GREAT. IT TOOK A WHILE TO BUILD MOMENTUM, BUT ONCE WE PERFORMED ENOUGH OUTREACH, WE SUSTAINED INTENSIVE, PERSONALIZED SUPPORT FOR FOUR LOW-INCOME STUDENTS FROM NATIVE-SPANISH-SPEAKING FAMILIES (OUR TARGET DEMOGRAPHIC) AND ONE SPECIAL-NEEDS STUDENT FROM A NATIVE-ENGLISH-SPEAKING FAMILY WHO WAS IDENTIFIED BY SCHOOL FACULTY AND OTHER FAMILY ASSISTANCE PROGRAMS AS AT-RISK AND HIGHLY IN NEED OF OUR SERVICES. WE USED ABOUT HALF OF THE FUNDS ALLOCATED FROM GRANTS FOR THIS KIND OF WORK, LEAVING US WITH THE REMAINING HALF TO SUSTAIN THIS WORK THROUGH THE FALL SEMESTER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mary Hearding Chair | 10 | $0 | |
Jill O'dell Treasurer | 3 | $0 | |
Joanna Macdonald Secretary | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $18,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $18,000 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $2,138 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $35 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $2,173 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $19,737 |
Other assets | $0 |
Total assets | $19,737 |
Total liabilities | $0 |
Net assets or fund balances | $19,737 |
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