Nonprofit · EIN 20-8655454
SKAI FOUNDATION
Tax-exempt · THE WOODLANDS, TX 77382
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $555,447 | $332,247 | $223,200 | $11,716,566 | $13,222 | $11,703,344 |
| December 31, 2024 | 990-PF | $393,121 | $486,655 | -$93,534 | $11,526,405 | $46,261 | $11,480,144 |
| December 31, 2023 | 990-PF | $806,280 | $350,869 | $455,411 | $11,508,504 | -$65,174 | $11,573,678 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $356,149
- Dividends
- $17,265
- Net gain from sales of assets
- $182,033
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $95,032
- Excise tax on investment income
- $2,530
Balance sheet and other
- Total assets, start of year
- $11,526,405
- Total assets, end of year
- $11,716,566
- Total liabilities, end of year
- $13,222
- Net assets, end of year
- $11,703,344
- Fair market value of assets
- $11,698,594
- Net investment income
- $182,033
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 |
|---|---|---|---|
| SURYA SAHOO 6 GLENSHEEN WAY, THE WOODLANDS, TX 77382 | DIRECTOR | 30 | $0 |
| KABITA SAHOO 6 GLENSHEEN WAY, THE WOODLANDS, TX 77382 | DIRECTOR | 30 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SURYA SAHOO 6 GLENSHEEN WAY, THE WOODLANDS, TX 77382 | DIRECTOR | 30 | $0 |
| KABITA SAHOO 6 GLENSHEEN WAY, THE WOODLANDS, TX 77382 | DIRECTOR | 30 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SURYA SAHOO 6 GLENSHEEN WAY, THE WOODLANDS, TX 77382 | DIRECTOR | 30 | $0 |
| KABITA SAHOO 6 GLENSHEEN WAY, THE WOODLANDS, TX 77382 | DIRECTOR | 30 | $0 |
Address and contacts
- Address (IRS master file)
- 6 GLENSHEEN WAY, THE WOODLANDS, TX 77382-6007
- In care of
- % SURYA SAHOO
- Signed the 990-PF
- SURYA SAHOO, DIRECTOR
- Phone
- (832) 541-4807
- Website
- http://skaifoundation.org
- Return prepared by
- STEPHEN L GRAY
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
- 20-8655454
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $11,716,566
- Income (IRS master file)
- $3,029,736
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $555,447 | $332,247 | $11,716,566 | XML |
| 990-PF | December 2024 | $393,121 | $486,655 | $11,526,405 | XML |
| 990-PF | December 2023 | $806,280 | $350,869 | $11,508,504 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | 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 20-8655454).
Questions about SKAI FOUNDATION
- What is the EIN of SKAI FOUNDATION?
- The employer identification number (EIN) of SKAI FOUNDATION is 20-8655454.
- Is SKAI FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to SKAI FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does SKAI FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SKAI 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 SKAI 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 SKAI FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does SKAI FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $555,447, expenses of $332,247 and total assets of $11,716,566 at year end.
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