Nonprofit · EIN 20-5847609
VISHAL RAJU BHAGAT FOUNDATION
Tax-exempt · CORP CHRISTI, TX 78408
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $336,126 | $198,267 | $137,859 | $1,532,982 | $0 | $1,532,982 |
| December 31, 2023 | 990 | $287,626 | $150,766 | $136,860 | $1,395,123 | $0 | $1,395,123 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $419,341
- Program service revenue
- $0
- Investment income
- $61,711
- Net income from fundraising events
- -$144,926
- Other revenue
- -$144,926
Expenses
- Grants and similar amounts paid
- $192,300
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $192,300
- Management and general (functional)
- $5,967
Balance sheet and other
- Total assets, start of year
- $1,395,123
- Total assets, end of year
- $1,532,982
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,532,982
- Gross receipts
- $481,052
- Employees
- 0
- Volunteers
- 500
- Year formed
- 2007
- State of legal domicile
- TX
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAJU BHAGAT | PRESIDENT Trustee or director, Officer | 2.5 | $0 |
| MAHAVIR BHAKTA | SECRETARY Trustee or director, Officer | 3.75 | $0 |
| DARYL GENZER | TREASURER Trustee or director, Officer | 3.75 | $0 |
| DAMON SOLLE | 2MD V PRESIDENT Trustee or director, Officer | 1.25 | $0 |
| ANANT BHAKTA | 1ST V PRESIDENT Trustee or director, Officer | 1.25 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAJU BHAGAT | PRESIDENT Trustee or director, Officer | 2.5 | $0 |
| MAHAVIR BHAKTA | SECRETARY Trustee or director, Officer | 3.75 | $0 |
| DARYL GENZER | TREASURER Trustee or director, Officer | 3.75 | $0 |
| DAMON SOLLE | 2MD V PRESIDENT Trustee or director, Officer | 1.25 | $0 |
| ANANT BHAKTA | 1ST V PRESIDENT Trustee or director, Officer | 1.25 | $0 |
Address and contacts
- Address (IRS master file)
- 2209 N PADRE ISLAND DR STE U, CORP CHRISTI, TX 78408-2262
- In care of
- % RAJU G BHAGAT PRESIDENT
- Principal officer (990 for 2024)
- Raju Bhagat, 2209 N PADRE ISLAND DR U, CORPUS CHRISTI, TX 78408
- Signed the 990
- DARYL GENZER, SECRETARY
- Phone
- (361) 241-6675
- Return prepared by
- Garry Cate CPA
Mission
RAISE FUNDS FOR DIEBETIES RESEARCH & NON PROFIT ENTITIES
Program accomplishments
- ANNUAL DRIVE AND GOLF TOURNAMENT TO RAISE FUNDS FOR DIEBETIES RESEARCH AND OTHER NON FOR PROFIT ORGANIZATIONS.Expenses $192,300 · grants $192,300 · revenue $336,126
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-5847609
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A57)
- Assets (IRS master file)
- $1,532,982
- Income (IRS master file)
- $481,052
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $336,126 | $198,267 | $1,532,982 | XML |
| 990 | December 2023 | $287,626 | $150,766 | $1,395,123 | XML |
| 990 | December 2022 | $515,104 | $138,694 | $1,258,261 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 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 20-5847609).
Questions about VISHAL RAJU BHAGAT FOUNDATION
- What is the EIN of VISHAL RAJU BHAGAT FOUNDATION?
- The employer identification number (EIN) of VISHAL RAJU BHAGAT FOUNDATION is 20-5847609.
- Is VISHAL RAJU BHAGAT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to VISHAL RAJU BHAGAT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VISHAL RAJU BHAGAT FOUNDATION 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 VISHAL RAJU BHAGAT FOUNDATION 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 VISHAL RAJU BHAGAT FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of VISHAL RAJU BHAGAT FOUNDATION?
- The 990 for the year ended December 31, 2024 names Raju Bhagat.
- Who are the officers and directors of VISHAL RAJU BHAGAT FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does VISHAL RAJU BHAGAT FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $336,126, expenses of $198,267 and total assets of $1,532,982 at year end.
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