Karma Club
Karma Club reports no revenue or assets in its latest filing.
EIN: 208494524 · Corrales, NM · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| CEO/Top Officer Pay | $0 |
| Transparency Score | 50/100 |
Is Karma Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Karma Club
Karma Club (EIN: 208494524) is a nonprofit organization based in Corrales, NM, classified under NTEE code P20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Karma Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Karma Club with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Karma Club allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
With $0 in revenue and assets, there is no information available regarding executive compensation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Karma Club's IRS 990 filings:
- No reported revenue
- No reported assets
- Lack of financial activity makes assessment impossible
Strengths
The following positive indicators were identified for Karma Club:
- No reported liabilities (implied by $0 assets and revenue)
Frequently Asked Questions about Karma Club
Is Karma Club a legitimate charity?
Karma Club (EIN: 208494524) is a registered tax-exempt nonprofit based in New Mexico. Our AI analysis gives it a Mission Score of 50/100. 3 red flags identified. 1 strength noted. Financial health grade: D.
How does Karma Club spend its money?
Karma Club reported its financials in IRS 990 filings. Review the full spending breakdown on NonprofitSpending.
Are donations to Karma Club tax-deductible?
Karma Club is registered as a tax-exempt nonprofit (EIN: 208494524). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Karma Club CEO make?
Karma Club's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
How does Karma Club compare to similar nonprofits?
With a transparency score of 50/100 (Fair), Karma Club is near average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Karma Club located?
Karma Club is headquartered in Corrales, New Mexico and files with the IRS under EIN 208494524. It is classified under NTEE code P20.
Is Karma Club a good charity?
Based on the latest IRS 990 data showing $0 in revenue and assets, there is no financial activity to evaluate its effectiveness as a charity. It appears to be either newly formed, inactive, or operating on a very small scale not yet reflected in significant financial transactions.
What are Karma Club's primary programs?
The IRS 990 data does not provide details on program activities, as there is no reported revenue or spending to indicate operational programs.
Data Sources and Methodology
This transparency report for Karma Club is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.