Nonprofit · EIN 26-1524748
ONE LIFE FOUNDATION INC
Tax-exempt · LEXINGTON, MA 02421
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990-PF | $920,402 | $3,624,875 | -$2,704,473 | $12,670,773 | $0 | $12,670,773 |
| October 31, 2024 | 990-PF | $456,807 | $2,300,228 | -$1,843,421 | $12,638,652 | $0 | $12,638,652 |
| October 31, 2023 | 990-PF | $393,778 | $2,359,790 | -$1,966,012 | $13,304,673 | $0 | $13,304,673 |
| October 31, 2021 | 990-PF | $300,617 | $1,651,624 | -$1,351,007 | $13,080,919 | $0 | $13,080,919 |
Financial details: 990-PF for the year ended October 31, 2025
Revenue
- Dividends
- $471,516
- Net gain from sales of assets
- $448,886
Expenses
- Grants and similar amounts paid
- $3,604,900
- Disbursements for charitable purposes
- $3,594,900
- Excise tax on investment income
- $12,521
Balance sheet and other
- Total assets, start of year
- $12,638,652
- Total assets, end of year
- $12,670,773
- Total liabilities, end of year
- $0
- Net assets, end of year
- $12,670,773
- Fair market value of assets
- $74,843,798
- Qualifying distributions
- $3,594,900
- Net investment income
- $920,402
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 October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR SURI A SASTRI 10 BICENTENNIAL DRIVE, LEXINGTON, MA 02421 | President | 0 | $0 |
| MALINI SASTRI 10 BICENTENNIAL DR, LEXINGTON, MA 02421 | Secretary | 0 | $0 |
| DR SURI A SASTRI 10 BICENTENNIAL DR, LEXINGTON, MA 02421 | Director | 0 | $0 |
| CANDACE J SASTRI 10 BICENTENNIAL DRIVE, LEXINGTON, MA 02421 | Director | 0 | $0 |
| RAKHAL DEV SASTRI 10 BICENTENNIAL DRIVE, LEXINGTON, MA 02421 | Treasurer | 0 | $0 |
| RAKHAL DEV SASTRI 10 BICENTENNIAL DRIVE, LEXINGTON, MA 02421 | Director | 0 | $0 |
| MALINI SASTRI 10 BICENTENNIAL DRIVE, LEXINGTON, MA 02421 | Director | 0 | $0 |
990-PF for the year ended October 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR SURI A SASTRI 10 BICENTENNIAL DRIVE, LEXINGTON, MA 02421 | President | 0 | $0 |
| MALINI SASTRI 10 BICENTENNIAL DR, LEXINGTON, MA 02421 | Secretary | 0 | $0 |
| DR SURI A SASTRI 10 BICENTENNIAL DR, LEXINGTON, MA 02421 | Director | 0 | $0 |
| CANDACE J SASTRI 10 BICENTENNIAL DRIVE, LEXINGTON, MA 02421 | Director | 0 | $0 |
| RAKHAL DEV SASTRI 10 BICENTENNIAL DRIVE, LEXINGTON, MA 02421 | Treasurer | 0 | $0 |
| RAKHAL DEV SASTRI 10 BICENTENNIAL DRIVE, LEXINGTON, MA 02421 | Director | 0 | $0 |
| MALINI SASTRI 10 BICENTENNIAL DRIVE, LEXINGTON, MA 02421 | Director | 0 | $0 |
990-PF for the year ended October 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR SURI A SASTRI 10 BICENTENNIAL DRIVE, LEXINGTON, MA 02421 | President | 0 | $0 |
| MALINI SASTRI 10 BICENTENNIAL DR, LEXINGTON, MA 02421 | Secretary | 0 | $0 |
| DR SURI A SASTRI 10 BICENTENNIAL DR, LEXINGTON, MA 02421 | Director | 0 | $0 |
| CANDACE J SASTRI 10 BICENTENNIAL DRIVE, LEXINGTON, MA 02421 | Director | 0 | $0 |
| RAKHAL DEV SASTRI 10 BICENTENNIAL DRIVE, LEXINGTON, MA 02421 | Treasurer | 0 | $0 |
| RAKHAL DEV SASTRI 10 BICENTENNIAL DRIVE, LEXINGTON, MA 02421 | Director | 0 | $0 |
| MALINI SASTRI 10 BICENTENNIAL DRIVE, LEXINGTON, MA 02421 | Director | 0 | $0 |
990-PF for the year ended October 31, 2021: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR SURI A SASTRI 10 BICENTENNIAL DRIVE, LEXINGTON, MA 02421 | President | 0 | $0 |
| MALINI SASTRI 10 BICENTENNIAL DR, LEXINGTON, MA 02421 | Secretary | 0 | $0 |
| DR SURI A SASTRI 10 BICENTENNIAL DR, LEXINGTON, MA 02421 | Director | 0 | $0 |
| CANDACE J SASTRI 10 BICENTENNIAL DRIVE, LEXINGTON, MA 02421 | Director | 0 | $0 |
| RAKHAL DEV SASTRI 10 BICENTENNIAL DRIVE, LEXINGTON, MA 02421 | Treasurer | 0 | $0 |
| RAKHAL DEV SASTRI 10 BICENTENNIAL DRIVE, LEXINGTON, MA 02421 | Director | 0 | $0 |
| MALINI SASTRI 10 BICENTENNIAL DRIVE, LEXINGTON, MA 02421 | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 10 BICENTENNIAL DR, LEXINGTON, MA 02421-7708
- In care of
- % SURI A SASTRI
- Signed the 990-PF
- DR SURI A SASTRI, President
- Phone
- (781) 345-5720
- Return prepared by
- SHAH DIXIT & ASSOCIATES PC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | October 31, 2025 | March 16, 2026 | 990-PF on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990-PF on file |
| 2022 | October 31, 2023 | March 15, 2024 | 990-PF on file |
IRS record
- EIN
- 26-1524748
- 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
- 2008
- Accounting year ends
- October
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $12,670,773
- Income (IRS master file)
- $1,206,535
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | October 2025 | $920,402 | $3,624,875 | $12,670,773 | XML |
| 990-PF | October 2024 | $456,807 | $2,300,228 | $12,638,652 | XML |
| 990-PF | October 2023 | $393,778 | $2,359,790 | $13,304,673 | XML |
| 990-PF | October 2022 | – | – | – | IRS |
| 990-PF | October 2021 | $300,617 | $1,651,624 | $13,080,919 | XML |
| 990-PF | October 2020 | – | – | – | IRS |
| 990-PF | October 2019 | – | – | – | IRS |
| 990-PF | October 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 26-1524748).
Questions about ONE LIFE FOUNDATION INC
- What is the EIN of ONE LIFE FOUNDATION INC?
- The employer identification number (EIN) of ONE LIFE FOUNDATION INC is 26-1524748.
- Is ONE LIFE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to ONE LIFE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ONE LIFE FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ONE LIFE FOUNDATION INC due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ONE LIFE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended October 2025.
- Who are the officers and directors of ONE LIFE FOUNDATION INC?
- The 990-PF for the year ended October 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does ONE LIFE FOUNDATION INC have?
- On its 990-PF for the year ended October 31, 2025 it reported revenue of $920,402, expenses of $3,624,875 and total assets of $12,670,773 at year end.
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All nonprofits in LEXINGTON · Massachusetts · Philanthropy, voluntarism and grantmaking foundations