Nonprofit · EIN 27-3242386
SAPTAMI FOUNDATION INC
Tax-exempt (reinstated) · PLANO, TX 75025
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $20,919 | $14,205 | $6,714 | $21,805 | – | $21,805 |
| December 31, 2024 | 990-EZ | $15,610 | $18,345 | -$2,735 | $15,091 | – | $15,091 |
| December 31, 2023 | 990-EZ | $16,916 | $11,711 | $5,205 | $17,826 | – | $17,826 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $20,918
- Other revenue
- $1
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $965
- Occupancy
- $8,125
- Printing, publications and postage
- $21
- Other expenses
- $5,094
Balance sheet and other
- Total assets, start of year
- $15,091
- Total assets, end of year
- $21,805
- Total liabilities, end of year
- –
- Net assets, end of year
- $21,805
- Cash, savings and investments
- $4,702
- Gross receipts
- $20,919
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| K SRIKANTH | PRESIDENT | 2.5 | $0 |
| SHRI NIVAS | VICE PRESIDENT | 2.5 | $0 |
| K ANAND | VICE PRESIDENT | 2.5 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| K SRIKANTH | PRESIDENT | 2.5 | $0 |
| SHRI NIVAS | VICE PRESIDENT | 2.5 | $0 |
| K ANAND | VICE PRESIDENT | 2.5 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| K SRIKANTH | PRESIDENT | 2.5 | $0 |
| SHRI NIVAS | VICE PRESIDENT | 2.5 | $0 |
| K ANAND | VICE PRESIDENT | 2.5 | $0 |
Address and contacts
- Address (IRS master file)
- 2240 NEW COLLEGE LN, PLANO, TX 75025-5511
- Mailing address (990-N for 2022)
- 2240 NEW COLLEGE LN, Plano TX 75025
- Signed the 990-EZ
- SAPTAMI FOUNDATION INC, TRUSTEE
- Phone
- (214) 232-4014
- Return prepared by
- PPMK LLC
Mission
TO PROMOTE ART CULTURE AMONG CHILDERN THROUGH MUSIC ART
Program accomplishments
- Saptami Foundation conducted several programs through out the year promoting art and clture. User base of the programs have reached over 300 childern and youth in the field of Classical Music and Dance.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 27-3242386
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Arts, culture and humanities (A20)
- Assets (IRS master file)
- $21,805
- Income (IRS master file)
- $20,919
Revocation and reinstatement
- Exemption revoked
- May 15, 2013
- Posted by the IRS
- September 13, 2014
- Reinstated
- Effective August 15, 2014
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $20,919 | $14,205 | $21,805 | XML |
| 990-EZ | December 2024 | $15,610 | $18,345 | $15,091 | XML |
| 990-EZ | December 2023 | $16,916 | $11,711 | $17,826 | XML |
| 990-N for 2022 | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | 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 27-3242386).
Questions about SAPTAMI FOUNDATION INC
- What is the EIN of SAPTAMI FOUNDATION INC?
- The employer identification number (EIN) of SAPTAMI FOUNDATION INC is 27-3242386.
- Is SAPTAMI FOUNDATION INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2013 and reinstated it effective August 15, 2014.
- Are donations to SAPTAMI FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SAPTAMI FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of SAPTAMI FOUNDATION INC 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 SAPTAMI FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of SAPTAMI FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does SAPTAMI FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $20,919, expenses of $14,205 and total assets of $21,805 at year end.
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