Nonprofit · EIN 20-5845478
DESAI FOUNDATION
Tax-exempt · FRANKFORT, IL 60423
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $120,538 | $125,150 | -$4,612 | $1,437,500 | $0 | $1,437,500 |
| December 31, 2024 | 990-PF | $83,028 | $92,451 | -$9,423 | $1,442,112 | $0 | $1,442,112 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $45,196
- Interest
- $3,512
- Net gain from sales of assets
- $71,830
Expenses
- Grants and similar amounts paid
- $106,505
- Disbursements for charitable purposes
- $107,235
- Excise tax on investment income
- $717
Balance sheet and other
- Total assets, start of year
- $1,442,112
- Total assets, end of year
- $1,437,500
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,437,500
- Fair market value of assets
- $2,567,886
- Qualifying distributions
- $107,235
- Net investment income
- $69,483
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TEJAL HARSHAD DESAI 11055 VENEZIA DRIVE, FRANKFORT, IL 60423 | PRESIDENT | 0 | $0 |
| RUPAL DESAI 151 HEMISPHERE, IRVINE, CA 92620 | TREASURER | 0 | $0 |
| SAROJINI DESAI 101 HOLLY SPRINGS, IRVINE, CA 92618 | SECRETARY | 0 | $0 |
| SAROJINI DESAI 101 HOLLY SPRINGS, IRVINE, CA 92618 | DIRECTOR | 0 | $0 |
| RUPAL DESAI 151 HEMISPHERE, IRVINE, CA 92620 | DIRECTOR | 0 | $0 |
| HARSHAD DESAI 101 HOLLY SPRINGS, IRVINE, CA 92618 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TEJAL HARSHAD DESAI 11055 VENEZIA DRIVE, FRANKFORT, IL 60423 | PRESIDENT | 1 | $0 |
| RUPAL DESAI 151 HEMISPHERE, IRVINE, CA 92620 | TREASURER | 1 | $0 |
| SAROJINI DESAI 101 HOLLY SPRINGS, IRVINE, CA 92618 | SECRETARY | 1 | $0 |
| SAROJINI DESAI 101 HOLLY SPRINGS, IRVINE, CA 92618 | DIRECTOR | 1 | $0 |
| RUPAL DESAI 151 HEMISPHERE, IRVINE, CA 92620 | DIRECTOR | 1 | $0 |
| HARSHAD DESAI 101 HOLLY SPRINGS, IRVINE, CA 92618 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 11055 VENEZIA DR, FRANKFORT, IL 60423-9044
- In care of
- % SAROJINI H DESAI
- Signed the 990-PF
- TEJAL HARSHAD DESAI, PRESIDENT
- Phone
- (815) 768-9104
- Return prepared by
- KOLODZIEJ EISEN & FEY
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 20-5845478
- 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
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $1,437,500
- Income (IRS master file)
- $154,483
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $120,538 | $125,150 | $1,437,500 | IRS |
| 990-PF | December 2024 | $83,028 | $92,451 | $1,442,112 | XML |
| 990-PF | December 2023 | $40,847 | $48,468 | $1,450,215 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 20-5845478).
Questions about DESAI FOUNDATION
- What is the EIN of DESAI FOUNDATION?
- The employer identification number (EIN) of DESAI FOUNDATION is 20-5845478.
- Is DESAI FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to DESAI FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does DESAI FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DESAI FOUNDATION 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 DESAI FOUNDATION 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 DESAI FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does DESAI FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $120,538, expenses of $125,150 and total assets of $1,437,500 at year end.
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