Nonprofit · EIN 04-3565713
FORESIGHT DEVELOPMENT INTERNATIONAL INCORPORATED
Tax-exempt · BEDFORD, MA 01730
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $257,259 | $188,314 | $68,945 | $200,987 | $0 | $200,987 |
| December 31, 2024 | 990-EZ | $183,605 | $126,031 | $57,574 | $132,042 | $0 | $132,042 |
| December 31, 2023 | 990-EZ | $117,771 | $118,603 | -$832 | $74,868 | $0 | $74,868 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $257,245
- Program service revenue
- $0
- Investment income
- $14
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $117,494
- Compensation of officers, directors and key employees
- $33,200
- Salaries, compensation and benefits (total)
- $35,782
- Professional fundraising fees
- $0
- Accounting fees
- $3,631
- Travel
- $29,136
- Program services (functional)
- $117,494
- Management and general (functional)
- $70,820
Balance sheet and other
- Total assets, start of year
- $132,042
- Total assets, end of year
- $200,987
- Total liabilities, end of year
- $0
- Net assets, end of year
- $200,987
- Land, buildings and equipment
- $80
- Gross receipts
- $257,259
- Employees
- 1
- Volunteers
- 1
- Year formed
- 2007
- State of legal domicile
- MA
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 |
|---|---|---|---|
| John Ratichek | President Officer, Key employee, Highest-paid employee | 20 | $31,000 |
| Stephen Hamilton | Clerk and Director Trustee or director, Officer | 2 | $0 |
| David Monaghan | Director Trustee or director | 8 | $0 |
| Ellen Ratichek | Director Trustee or director | 20 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| John Ratichek | President | 25 | $31,000 |
| Stephen Hamilton | Clerk and Director | 1 | $0 |
| David Monaghan | Director | 3 | $0 |
| Ellen Ratichek | Director | 20 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| John Ratichek | President | 25 | $30,000 |
| Stephen Hamilton | Clerk and Director | 2 | $0 |
| David Monaghan | Director | 8 | $0 |
| Ellen Ratichek | Director | 25 | $0 |
Address and contacts
- Address (IRS master file)
- 8 DANIELS DR, BEDFORD, MA 01730-1202
- In care of
- % JOHNA R ATICHEK
- Principal officer (990 for 2025)
- John A Ratichek, 8 Daniels Drive, Bedford, MA 01730
- Signed the 990
- John Ratichek, President
- Phone
- (781) 275-3580
- Website
- foresightdevelopment.org
Mission
Engage in charitable activities in less developed countries, especially Nepal, for the advancement of education, economic and social development, and Christian institutions. Particular activities include the development of a school and sponsoring and mentoring young adults.
Program accomplishments
- National Bethel Academy is a school founded in 2008 in the town of Trishuli, Nepal by a team of local church leaders and Foresight staff. The school is intentionally different from traditional Nepali schools as it emphasizes thinking, creative teaching, individual student attention, and respect for individual differences in contrast to the traditional teaching method of mere memorization. The school has approximately 330 students in grades Nursery through 10. Class 10 students have all successfully passed the 10th grade national Secondary Education Examination. Foresight support has been for both educational and managerial development, and for financial needs. Educational and managerial support have included in-person training and both remote and in-person counsel. Financial support has covered the operating deficit, the construction of a roof over the basketball court and a second, new classroom building.Expenses $63,496 · grants $63,496
- Over the past 14 years, Foresight has sponsored and guided a group of 20 Nepali young adults who formerly lived in prison with a parent. These young adults were supported financially for their full school and living expenses, and have been mentored individually (in-person and remotely) as they completed secondary and tertiary education. All of these young adults have completed their bachelor degrees and all have taken jobs following their secondary education. In 2024, four of these graduates were provided funding for additional education.Expenses $34,458 · grants $34,458
- Foresight provided funding for one individual's ministry expenses and also for a school's furniture expenses (school name: Life Prep Academy).Expenses $19,540 · grants $19,540
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-EZ on file |
IRS record
- EIN
- 04-3565713
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $200,987
- Income (IRS master file)
- $257,259
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $257,259 | $188,314 | $200,987 | IRS |
| 990-EZ | December 2024 | $183,605 | $126,031 | $132,042 | IRS |
| 990-EZ | December 2023 | $117,771 | $118,603 | $74,868 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 04-3565713).
Questions about FORESIGHT DEVELOPMENT INTERNATIONAL INCORPORATED
- What is the EIN of FORESIGHT DEVELOPMENT INTERNATIONAL INCORPORATED?
- The employer identification number (EIN) of FORESIGHT DEVELOPMENT INTERNATIONAL INCORPORATED is 04-3565713.
- Is FORESIGHT DEVELOPMENT INTERNATIONAL INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to FORESIGHT DEVELOPMENT INTERNATIONAL INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FORESIGHT DEVELOPMENT INTERNATIONAL INCORPORATED 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 FORESIGHT DEVELOPMENT INTERNATIONAL INCORPORATED 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 FORESIGHT DEVELOPMENT INTERNATIONAL INCORPORATED 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 FORESIGHT DEVELOPMENT INTERNATIONAL INCORPORATED?
- The 990 for the year ended December 31, 2025 names John A Ratichek.
- Who are the officers and directors of FORESIGHT DEVELOPMENT INTERNATIONAL INCORPORATED?
- The 990 for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $31,000 (John Ratichek, President).
- How much revenue does FORESIGHT DEVELOPMENT INTERNATIONAL INCORPORATED have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $257,259, expenses of $188,314 and total assets of $200,987 at year end.
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