Kara Foundation

Libertyville, IL
Tax-exempt since March 1992
EIN: 36-3779796

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$866k (2024)

Expenses

$663k (2024)

Total Assets

$12.6M (2024)

Total Liabilities

$0 (2024)

Years with missing data

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$866,064

Expenses

$662,966

Net Income

$203,098

Net Assets

$12,641,149

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$337,662	39.0%
Sales of Assets	$528,402	61.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$646,379	97.5%
Compensation of Officers*	$177,622	26.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$12,641,149
Total Liabilities	$0
Net Assets	$12,641,149

Compensation

Key Employees and Officers	Compensation	Other
Paul Demoon (Vice President)	$60,000	$0
Patrick S Demoon Iii (Co President/Treasurer)	$58,897	$0
Anthony Demoon (Co President/ Secretary)	$58,725	$0
Judith A Demoon (Board Member)	$0	$0
Patrick Demoon Sr (Board Member)	$0	$0

+ View more people

990-PF

Filed on April 8, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$138,639

Expenses

$605,034

Net Income

-$466,395

Net Assets

$12,438,051

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$163,377	> 100%
Sales of Assets	-$24,738
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$589,550	97.4%
Compensation of Officers*	$155,477	25.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$12,438,051
Total Liabilities	$0
Net Assets	$12,438,051

Compensation

Key Employees and Officers	Compensation	Other
Paul Demoon (Vice President)	$60,000	$0
Patrick S Demoon Iii (Co President/Treasurer)	$48,634	$0
Anthony Demoon (Co President/ Secretary)	$46,843	$0
Judith A Demoon (Board Member)	$0	$0
Patrick Demoon Sr (Board Member)	$0	$0

+ View more people

990-PF

Filed on April 3, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$613,441

Expenses

$625,277

Net Income

-$11,836

Net Assets

$12,904,446

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$594,522	96.9%
Sales of Assets	$18,919	3.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$523,478	83.7%
Compensation of Officers*	$143,231	22.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$12,904,446
Total Liabilities	$0
Net Assets	$12,904,446

Compensation

Key Employees and Officers	Compensation	Other
Paul Demoon (Vice President)	$55,000	$0
Patrick S Demoon Iii (Co President/Treasurer)	$44,987	$0
Anthony Demoon (Co President/ Secretary)	$43,244	$0
Judith A Demoon (Board Member)	$0	$0
Patrick Demoon Sr (Board Member)	$0	$0

+ View more people

990-PF

Filed on May 4, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$2,952,860

Expenses

$532,461

Net Income

$2,420,399

Net Assets

$12,916,282

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$131,167	4.4%
Sales of Assets	$2,821,693	95.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$462,690	86.9%
Compensation of Officers*	$131,019	24.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$12,916,282
Total Liabilities	$0
Net Assets	$12,916,282

Compensation

Key Employees and Officers	Compensation	Other
Paul Demoon (Vice President)	$50,000	$0
Patrick S Demoon Iii (Co President/Treasurer)	$41,338	$0
Anthony Demoon (Co President/ Secretary)	$39,681	$0
Judith A Demoon (Board Member)	$0	$0
Patrick Demoon Sr (Board Member)	$0	$0

+ View more people

990-PF

Filed on April 12, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$1,115,215

Expenses

$503,281

Net Income

$611,934

Net Assets

$10,495,882

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$965,772	86.6%
Sales of Assets	$149,443	13.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$451,194	89.7%
Compensation of Officers*	$134,152	26.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,495,883
Total Liabilities	$1
Net Assets	$10,495,882

Compensation

Key Employees and Officers	Compensation	Other
Paul Demoon (Vice President)	$50,000	$0
Patrick S Demoon Iii (Co President/Treasurer)	$42,830	$0
Anthony Demoon (Co President/ Secretary)	$41,322	$0
Judith A Demoon (Board Member)	$0	$0
Patrick Demoon Sr (Board Member)	$0	$0

+ View more people

990-PF

Filed on April 23, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2019

Revenue

$680,856

Expenses

$462,309

Net Income

$218,547

Net Assets

$9,883,949

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$580,224	85.2%
Sales of Assets	$100,632	14.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$400,378	86.6%
Compensation of Officers*	$147,043	31.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,883,949
Total Liabilities	$0
Net Assets	$9,883,949

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2018

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$814,719

Expenses

$428,267

Net Income

$386,452

Net Assets

$8,631,753

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$266,532	32.7%
Sales of Assets	$548,187	67.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$385,027	89.9%
Compensation of Officers*	$143,670	33.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,631,753
Total Liabilities	$0
Net Assets	$8,631,753

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$668,808

Expenses

$422,333

Net Income

$246,475

Net Assets

$8,245,301

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$260,594	39.0%
Sales of Assets	$408,214	61.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$370,626	87.8%
Compensation of Officers*	$141,351	33.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,245,301
Total Liabilities	$0
Net Assets	$8,245,301

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$685,704

Expenses

$417,701

Net Income

$268,003

Net Assets

$7,998,826

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$241,316	35.2%
Sales of Assets	$444,388	64.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$379,990	91.0%
Compensation of Officers*	$139,721	33.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,998,826
Total Liabilities	$0
Net Assets	$7,998,826

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$386,324

Expenses

$400,259

Net Income

-$13,935

Net Assets

$7,730,823

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$245,556	63.6%
Sales of Assets	$140,768	36.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$363,227	90.7%
Compensation of Officers*	$135,652	33.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,730,823
Total Liabilities	$0
Net Assets	$7,730,823

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$250,089

Expenses

$327,959

Net Income

-$77,870

Net Assets

$7,744,758

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$242,825	97.1%
Sales of Assets	$7,264	2.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$269,227	82.1%
Compensation of Officers*	$135,652	41.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,744,758
Total Liabilities	$0
Net Assets	$7,744,758

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2003

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2002

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2001

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated August 21, 2025

Kara Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $866k (2024)

Expenses $663k (2024)

Total Assets $12.6M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2018

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2017

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2016

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

Revenue

$866k (2024)

Expenses

$663k (2024)

Total Assets

$12.6M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001