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Nonprofit · EIN 02-0814904

THE KHARIS FOUNDATION INC

Tax-exempt · SCHERERVILLE, IN 46375

Financials

$110K$125K2023$391K$384K2024$326K$330K2025
Revenue Expenses · by fiscal year end
Financials of THE KHARIS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$326,137$329,845-$3,708$41,847$0$41,847
December 31, 2024990-PF$390,718$383,810$6,908$45,555$0$45,555
December 31, 2023990-PF$110,400$125,291-$14,891$38,647$0$38,647
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$325,000
Dividends
$444
Net gain from sales of assets
$693

Expenses

Grants and similar amounts paid
$329,800
Disbursements for charitable purposes
$329,800
Excise tax on investment income
$15

Balance sheet and other

Total assets, start of year
$45,555
Total assets, end of year
$41,847
Total liabilities, end of year
$0
Net assets, end of year
$41,847
Fair market value of assets
$46,153
Qualifying distributions
$329,800
Net investment income
$1,137

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-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Norman Aardema
1332 Wilderness Dr, Schererville, IN 46375
Pres-Dir1$0
Diane Aardema
1332 Wilderness Dr, Schererville, IN 46375
Sec-Tre-Dir2$0
Peter Aardema
1332 Wilderness Dr, Schererville, IN 46375
Dir1$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
Norman Aardema
1332 Wilderness Dr, Schererville, IN 46375
Pres-Dir0$0
Diane Aardema
1332 Wilderness Dr, Schererville, IN 46375
Sec-Tre-Dir0$0
Peter Aardema
1332 Wilderness Dr, Schererville, IN 46375
Dir0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Norman Aardema
1332 Wilderness Dr, Schererville, IN 46375
Pres-Dir0$0
Diane Aardema
1332 Wilderness Dr, Schererville, IN 46375
Sec-Tre-Dir0$0
Peter Aardema
1332 Wilderness Dr, Schererville, IN 46375
Dir0$0

Address and contacts

Address (IRS master file)
1332 WILDERNESS DR, SCHERERVILLE, IN 46375-2944
In care of
% NORMAN AARDEMA
Signed the 990-PF
Norman Aardema, President
Phone
(708) 935-4503
Return prepared by
Vant Hoff Financial Services Ltd

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
02-0814904
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2007
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$41,847
Income (IRS master file)
$326,137

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$326,137$329,845$41,847IRS
990-PFDecember 2024$390,718$383,810$45,555IRS
990-PFDecember 2023$110,400$125,291$38,647XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2019–––IRS
990-PFDecember 2018–––IRS

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 02-0814904).

Questions about THE KHARIS FOUNDATION INC

What is the EIN of THE KHARIS FOUNDATION INC?
The employer identification number (EIN) of THE KHARIS FOUNDATION INC is 02-0814904.
Is THE KHARIS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to THE KHARIS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE KHARIS FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of THE KHARIS FOUNDATION INC 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 THE KHARIS FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of THE KHARIS FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does THE KHARIS FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $326,137, expenses of $329,845 and total assets of $41,847 at year end.

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