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Nonprofit · EIN 04-3495952

GOYAL FAMILY CHARITABLE FOUNDATION INC

Tax-exempt · NATICK, MA 01760

Financials

$24K$76K2023$149K$68K2024
Revenue Expenses · by fiscal year end
Financials of GOYAL FAMILY CHARITABLE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$148,582$67,741$80,841$1,791,721$0$1,791,721
December 31, 2023990-PF$24,400$76,281-$51,881$1,455,323$0$1,455,323
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$104,035
Dividends
$19,592
Interest
$140
Net gain from sales of assets
$24,815

Expenses

Grants and similar amounts paid
$63,000
Disbursements for charitable purposes
$63,000
Excise tax on investment income
$618

Balance sheet and other

Total assets, start of year
$1,455,323
Total assets, end of year
$1,791,721
Total liabilities, end of year
$0
Net assets, end of year
$1,791,721
Fair market value of assets
$1,791,720
Qualifying distributions
$63,000
Net investment income
$44,547

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
RAJ K GOYAL
40 NOUVELLE WAY UNIT 1041, NATICK, MA 01760
President0$0
RAJ K GOYAL
40 NOUVELLE WAY UNIT 1041, NATICK, MA 01760
Treasurer0$0
RAJ K GOYAL
40 NOUVELLE WAY UNIT 1041, NATICK, MA 01760
Director0$0
PREM GOYAL
40 NOUVELLE WAY UNIT 1041, NATICK, MA 01760
Director0$0
ANISH GOYAL
61 WINSTON RD, NEWTON, MA 02459
Treasurer0$0
SUNITA GOYAL
61 WINSTON RD, NEWTON, MA 02459
Treasurer0$0
AMAR GUPTA
61 WINSTON RD, NEWTON, MA 02459
Secretary0$0
JAG BHAWAN
61 WINSTON RD, NEWTON, MA 02459
Secretary0$0
990-PF for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
RAJ K GOYAL
40 NOUVELLE WAY UNIT 1041, NATICK, MA 01760
President0$0
RAJ K GOYAL
40 NOUVELLE WAY UNIT 1041, NATICK, MA 01760
Treasurer0$0
RAJ K GOYAL
40 NOUVELLE WAY UNIT 1041, NATICK, MA 01760
Director0$0
PREM GOYAL
40 NOUVELLE WAY UNIT 1041, NATICK, MA 01760
Director0$0
ANISH GOYAL
61 WINSTON RD, NEWTON, MA 02459
Treasurer0$0
SUNITA GOYAL
61 WINSTON RD, NEWTON, MA 02459
Treasurer0$0
AMAR GUPTA
61 WINSTON RD, NEWTON, MA 02459
Secretary0$0
JAG BHAWAN
61 WINSTON RD, NEWTON, MA 02459
Secretary0$0

Address and contacts

Address (IRS master file)
40 NOUVELLE WAY 1041, NATICK, MA 01760-1571
In care of
% RAJ K GOYAL
Signed the 990-PF
RAJ K GOYAL, President
Phone
(617) 244-1420
Return prepared by
SHAH DIXIT & ASSOCIATES PC

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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
04-3495952
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
2001
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,791,721
Income (IRS master file)
$169,748

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$148,582$67,741$1,791,721IRS
990-PFDecember 2023$24,400$76,281$1,455,323XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 04-3495952).

Questions about GOYAL FAMILY CHARITABLE FOUNDATION INC

What is the EIN of GOYAL FAMILY CHARITABLE FOUNDATION INC?
The employer identification number (EIN) of GOYAL FAMILY CHARITABLE FOUNDATION INC is 04-3495952.
Is GOYAL FAMILY CHARITABLE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to GOYAL FAMILY CHARITABLE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does GOYAL FAMILY CHARITABLE FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of GOYAL FAMILY CHARITABLE FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GOYAL FAMILY CHARITABLE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of GOYAL FAMILY CHARITABLE FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does GOYAL FAMILY CHARITABLE FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $148,582, expenses of $67,741 and total assets of $1,791,721 at year end.

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