2025-08-27T12:35:53-07:00 2024-09-30 990 2023-10-01 921054901 KALORAMA INSTITUTE INC KALO 7035982510 1455 Pennsylvania Ave NW Suite 400 Washington DC 20004 Jason Roys President 7035982510 2025-08-27 1 2023 2025-03-06 01:10:19Z X Jason Roys 1455 Pennsylvania Ave NW Suite 400 Washington DC 20004 0 0 X www.kalorama.org X 2022 DC Our mission is to convene, connect and catalyze experts to pursue improvements in health and the environment through research, development, analysis, technical support, and to support community members in need of medicine, medical devices, procedures, and outreach. 5 5 0 5 0 0 1013105 0 0 0 0 0 0 0 1013105 0 0 0 0 0 0 0 0 0 0 95 0 95 0 1013010 0 1013010 1013010 0 0 1013010 1013010 Our mission is to convene, connect and catalyze experts to pursue improvements in health and the environment through research, development, analysis, technical support, and to support community members in need of medicine, medical devices, procedures, and outreach. 0 0 0 0 0 Our first year's activities included enhancing our board of directors, seeking financial support and development of the core programs. 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 X 5 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DC X Jason Roys 7035982510 1455 Pennsylvania Ave NW Suite 400 Washington DC 20004 Kim Waiyaboon Director 1 0 X 0 0 0 Scott Smith Director 0.25 0 X 0 0 0 Alexander Smith Director 0.1 0 X 0 0 0 Jorge Brignoni Director 0.1 0 X 0 0 0 Jason Roys Director 5 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 39151 39151 0 0 823859 823859 150000 150000 1013010 1013010 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 1013010 1013010 0 0 1013010 1013010 1013010 1013010 0 0 0 0 0 0 X 0 0 0 X 189246 189246 0 0 0 0 0 0 0 0 0 0 0 189246 0 189246 0 0 0 0 0 0 0 0 0 0 189246 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 189246 0 189246 1 1 0 0 X 823859 F 823859 Purchase interest in health science company with phase 3 clinical trials near completion 150000 C 150000 Form 990, Part VI, Section A, Line 2 Roys and Waiyaboon are spouses. Smith and Smith are siblings. Form 990, Part VI, Section B, Line 11b Review in comparison to accounting system and entity policies. Form 990, Part VI, Section B, Line 12c Regular review of COI policy and disclosure policies. Form 990, Part VI, Section B, Line 15 Our organization does not pay any salary, wages, or other compensation to its officers, directors, or members. All individuals serving in any capacity for the organization do so on a voluntary basis. If at any point in the future the organization determines that compensation is necessary to attract or retain qualified individuals, the Board will establish an independent compensation committee. This committee will rely on objective data, including salary surveys of comparable organizations, to determine reasonable levels of compensation. In addition, no officer, director, or member will be permitted to vote on their own compensation, nor on the compensation of a family member or relative. Form 990, Part VI, Section C, Line 19 During the tax year, the organization made its governing documents, conflict of interest policy, and financial statements available to the public as follows: Governing Documents: Copies of the Articles of Incorporation and Bylaws are available upon request and are also provided as required under federal law. Conflict of Interest Policy: A copy of the organization's conflict of interest policy is available to the public upon request. Financial Statements: The annual financial statements are made available upon request and are also accessible through the organization's filings with the Internal Revenue Service (Form 990). The organization responds promptly to any written or electronic request for these materials and ensures compliance with applicable public disclosure requirements. Reasonable Cause Statement - Form 990 Our organization is operated entirely by volunteers and has no paid staff. Responsibility for IRS compliance rested with a key volunteer who, despite having established procedures in place, suffered a personal tragedy and became incapacitated at the time this return was due. As the IRS and courts have previously recognized, where organizations rely on volunteers and ordinary care and prudence are exercised, unexpected turnover or incapacity may constitute reasonable cause for a delayed filing. Once the issue was discovered, we acted promptly to complete and file the return. To prevent recurrence, the Board has revised our compliance process to include additional safeguards for future unforeseen absences, including coverage for events such as the death of an immediate family member, illness, or other natural disasters or tragedies. These steps ensure continuity and accountability going forward. For these reasons, we respectfully request abatement of any penalties under Section 6652(c)(1)(A), as the delay was due to reasonable cause and not willful neglect.