Nonprofit · EIN 20-5970885
BANSAN FOUNDATION
Tax-exempt · FLOSSMOOR, IL 60422
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $815,722 | $764,880 | $50,842 | $1,049,201 | $101,654 | $947,547 |
| July 31, 2024 | 990 | $806,148 | $694,350 | $111,798 | $1,273,534 | $376,829 | $896,705 |
| July 31, 2023 | 990 | $801,198 | $676,556 | $124,642 | $1,239,978 | $455,071 | $784,907 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $30,674
- of which government grants
- $30,644
- Program service revenue
- $763,556
- Investment income
- $15,741
- Net income from fundraising events
- $5,751
- Other revenue
- $5,751
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $113,779
- Salaries, compensation and benefits (total)
- $547,916
- Professional fundraising fees
- $0
- Accounting fees
- $15,854
- Occupancy
- $81,299
- Depreciation
- $28,404
- Program services (functional)
- $626,109
- Management and general (functional)
- $138,771
Balance sheet and other
- Total assets, start of year
- $1,273,534
- Total assets, end of year
- $1,049,201
- Total liabilities, end of year
- $101,654
- Net assets, end of year
- $947,547
- Land, buildings and equipment
- $615,127
- Publicly traded securities
- $56,800
- Net assets without donor restrictions
- $942,641
- Net assets with donor restrictions
- $4,906
- Gross receipts
- $815,722
- Employees
- 16
- Volunteers
- 3
- Year formed
- 2006
- State of legal domicile
- IL
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 July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BANSARI MODI | ADMINISTRATOR Trustee or director, Officer | 40 | $95,569 | $18,210 |
| DR SANJIV MODI | PRESIDENT/DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| TUSHAR R SHAH | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| NIRAJ S SHAH | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended July 31, 2024: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BANSARI MODI | ADMINISTRATOR Trustee or director, Officer | 40 | $84,747 | $7,231 |
| DR SANJIV MODI | PRESIDENT/DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| TUSHAR R SHAH | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| NIRAJ S SHAH | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended July 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BANSARI MODI | ADMINISTRATOR Trustee or director, Officer | 40 | $93,369 |
| DR SANJIV MODI | PRESIDENT/DIRECTOR Trustee or director, Officer | 2 | $0 |
| TUSHAR R SHAH | SECRETARY Trustee or director, Officer | 1 | $0 |
| NIRAJ S SHAH | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 740 WESTERN AVE, FLOSSMOOR, IL 60422-1375
- In care of
- % SANJIV MODI
- Mailing address (990-N for 2012)
- 433 W HARRISON ST P O BOX 8684, CHICAGO IL 60680
- Principal officer (990 for 2024)
- SANJIV MODI, 740 WESTERN AVE, FLOSSMOOR, IL 60422
- Principal officer (990-N for 2012)
- SANJIV MODI, 1211 S PRAIRIE AVE APT 6201, CHICAGO IL 60605
- Signed the 990
- SANJIV MODI, PRESIDENT/DIRECTOR
- Phone
- (708) 798-4600
- Website
- WWW.FLOSSMOORMONTESSORI.ORG
- Return prepared by
- WSDD CPAS LTD
Mission
TO CREATE AN ENVIRONMENT FOR CHILDREN FOLLOWING THE PATH OF MONTESSORI EDUCATION TO MEET THEIR DEVELOPMENTAL NEEDS, INSPIRING THEM TO REACH THEIR HIGHEST POTENTIAL AND HELP THEM DISCOVER HOW THEY CAN BEST CONTRIBUTE TO OUR WORLD AND CULTURE.
Program accomplishments
- FLOSSMOOR MONTESSORI SCHOOL IS SERVING APPROXIMATELY 60 CHILDREN WITH VARIETY OF INTERESTS AND ABILITIES, RANGING FROM AGES 15 MONTHS TO 6 YEARS. THE NURTURING ENVIRONMENT OF OUR SCHOOL HELP CHILDREN BE INDEPENDENT, TO CARE FOR SELF AND HELP EACH OTHER. OUR BEFORE AND AFTER SCHOOL CARE PROGRAM AS WELL AS SPRING, SUMMER AND WINTER CAMPS, DURING THE SCHOOL BREAK, PROVIDE CONVENIENCE FOR WORKING PARENTS. PARENTS IN OUR COMMUNITY APPRECIATE THE PARENT EDUCATION EVENTS SUCH AS "FOLLOWING MONTESSORI AT HOME" LEARNING PRACTICAL TIPS TO HELP THE CHILD, SOCIAL EVENTS SUCH AS SPLASH PAD SOCIAL FOR BACK TO SCHOOL, GRAND PARENTS DAY, WINTER CELEBRATION, PICNIC AND FIELD DAY AT THE END OF THE SCHOOL YEAR AND MANY OTHER. MONTESSORI EDUCATION ENCOURAGES SELF DISCIPLINE, CRITICAL THINKING, GRACE AND COURTESY PROMOTING SELF ESTEEM AND LEADERSHIP QUALITIES IN CHILDREN.Expenses $626,109 · revenue $763,556
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 July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 20-5970885
- 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
- 2007
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $1,049,201
- Income (IRS master file)
- $815,722
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $815,722 | $764,880 | $1,049,201 | IRS |
| 990 | July 2024 | $806,148 | $694,350 | $1,273,534 | XML |
| 990 | July 2023 | $801,198 | $676,556 | $1,239,978 | XML |
| 990 | July 2022 | $762,715 | $555,027 | $1,019,836 | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990 | July 2020 | – | – | – | IRS |
| 990 | July 2019 | – | – | – | IRS |
| 990 | July 2018 | – | – | – | IRS |
| 990 | July 2016 | – | – | – | IRS |
| 990-N for 2012 Officer: SANJIV MODI | December 31, 2012 | ≤ $50,000 receipts | – | – | e-Postcard |
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 20-5970885).
Questions about BANSAN FOUNDATION
- What is the EIN of BANSAN FOUNDATION?
- The employer identification number (EIN) of BANSAN FOUNDATION is 20-5970885.
- Is BANSAN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to BANSAN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BANSAN 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 BANSAN FOUNDATION due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BANSAN FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of BANSAN FOUNDATION?
- The 990 for the year ended July 31, 2025 names SANJIV MODI.
- Who are the officers and directors of BANSAN FOUNDATION?
- The 990 for the year ended July 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $95,569 (BANSARI MODI, ADMINISTRATOR).
- How much revenue does BANSAN FOUNDATION have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $815,722, expenses of $764,880 and total assets of $1,049,201 at year end.
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