Nonprofit · EIN 83-2567617
TRUEKARMA
Tax-exempt · PLEASANTON, CA 94588
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $281,149 | $150,523 | $130,626 | $175,465 | $0 | $175,465 |
| December 31, 2024 | 990-EZ | $43,763 | $32,830 | $10,933 | $44,839 | – | $44,839 |
| December 31, 2023 | 990 | $533,164 | $505,152 | $28,012 | $33,906 | $0 | $33,906 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $281,149
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $124,229
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $145,264
- Management and general (functional)
- $1,315
- Fundraising (functional)
- $3,944
Balance sheet and other
- Total assets, start of year
- $44,839
- Total assets, end of year
- $175,465
- Total liabilities, end of year
- $0
- Net assets, end of year
- $175,465
- Gross receipts
- $281,149
- Employees
- 0
- Year formed
- 2019
- State of legal domicile
- WY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nandita Bhatnagar | President Trustee or director | 8 | $0 |
| Anu Sharma | Secretary Trustee or director | 3 | $0 |
| Daven Sharma | Treasurer Trustee or director | 10 | $0 |
| Sandeep Bhatnagar | COO Trustee or director | 20 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nandita Bhatnagar | President | 8 | $0 |
| Anu Sharma | Secretary | 4 | $0 |
| Daven Sharma | Treasurer | 8 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nandita Bhatnagar | President Trustee or director | 8 | $0 |
| Anu Sharma | Secretary Trustee or director | 4 | $0 |
| Daven Sharma | Treasurer Trustee or director | 8 | $0 |
Address and contacts
- Address (IRS master file)
- 5700 STONERIDGE MALL RD STE 360, PLEASANTON, CA 94588-2825
- Mailing address (990-N for 2022)
- 1621 Central Avenue, Cheyenne WY 82001
- Principal officer (990 for 2025)
- Nandita Bhatnagar, 5700 Stoneridge Mall Road 360, Pleasanton, CA 94588
- Principal officer (990-N for 2022)
- Nandita Bhatnagar, 1621 Central Ave, Cheyenne WY 82991
- Signed the 990
- Nandita Bhatnagar, President
- Phone
- (510) 278-8845
- Website
- www.truekarma.org
- Return prepared by
- Sharma Davis Madan & Co
California records
California keeps its own records of charities and corporations. Search them by EIN 83-2567617 or by the name TRUEKARMA.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
To do fundraising for humanitarian causes as well as support other charities by providing an easy to use web platform.
Program accomplishments
- Supported various humanitarian initiatives throughtout the year, including hardship relief, hmanitarian causes, minority communities as well as community service support through Truekarma's online fundraising platform.Expenses $145,264 · grants $124,229
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 83-2567617
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T70)
- Assets (IRS master file)
- $175,465
- Income (IRS master file)
- $281,149
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $281,149 | $150,523 | $175,465 | XML |
| 990-EZ | December 2024 | $43,763 | $32,830 | $44,839 | XML |
| 990 | December 2023 | $533,164 | $505,152 | $33,906 | XML |
| 990-N for 2022 Officer: Nandita Bhatnagar | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2021 Officer: Daven S Sharma | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Daven S Sharma | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Srinivasan Parthasarathy | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-2567617).
Questions about TRUEKARMA
- What is the EIN of TRUEKARMA?
- The employer identification number (EIN) of TRUEKARMA is 83-2567617.
- Is TRUEKARMA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to TRUEKARMA tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TRUEKARMA file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TRUEKARMA due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TRUEKARMA last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of TRUEKARMA?
- The 990 for the year ended December 31, 2025 names Nandita Bhatnagar.
- Who are the officers and directors of TRUEKARMA?
- The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does TRUEKARMA have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $281,149, expenses of $150,523 and total assets of $175,465 at year end.
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