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Nonprofit · EIN 30-0156517

ARUN I AND ASMITA BHATIA FAMILY FOUNDATION

Tax-exempt · NEW YORK, NY 10036

Financials

$261K$194K2022$559K$151K2023
Revenue Expenses · by fiscal year end
Financials of ARUN I AND ASMITA BHATIA FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
November 30, 2024990-PF$558,997$151,071$407,926$2,826,963$0$2,826,963
November 30, 2023990-PF$260,732$194,303$66,429$2,419,037$0$2,419,037
Financial details: 990-PF for the year ended November 30, 2024

Revenue

Contributions, gifts and grants
$404,571
Dividends
$112,276
Interest
$1,482
Net gain from sales of assets
$40,668

Expenses

Grants and similar amounts paid
$115,475
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$125,746
Excise tax on investment income
$2,876

Balance sheet and other

Total assets, start of year
$2,419,037
Total assets, end of year
$2,826,963
Total liabilities, end of year
$0
Net assets, end of year
$2,826,963
Fair market value of assets
$3,502,646
Qualifying distributions
$125,746
Net investment income
$230,931

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 November 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
ARUN I BHATIA
401 EAST 84TH STREET APT 27C, NEW YORK, NY 10021
PRESIDENT1$0
ASMITA BHATIA
401 EAST 84TH STREET APT 27C, NEW YORK, NY 10021
SECRETARY1$0
990-PF for the year ended November 30, 2023: 2 people
NameTitleHours / weekCompensation
ARUN I BHATIA
401 EAST 84TH STREET APT 27C, NEW YORK, NY 10021
PRESIDENT1$0
ASMITA BHATIA
401 EAST 84TH STREET APT 27C, NEW YORK, NY 10021
SECRETARY1$0

Address and contacts

Address (IRS master file)
500 W 43RD ST APT 39A, NEW YORK, NY 10036-4339
In care of
% ARUN I BHATIA
Signed the 990-PF
ARUN BHATIA, PRESIDENT
Phone
(212) 564-1770
Return prepared by
CITRIN COOPERMAN ADVISORS LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in November, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2024November 30, 2025April 15, 2026Not on file
2023November 30, 2024April 15, 2025990-PF on file
2022November 30, 2023April 15, 2024990-PF on file

IRS record

EIN
30-0156517
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
2003
Accounting year ends
November
Files
Form 990-PF
Assets (IRS master file)
$2,826,963
Income (IRS master file)
$1,179,781

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFNovember 2024$558,997$151,071$2,826,963XML
990-PFNovember 2023$260,732$194,303$2,419,037XML
990-PFNovember 2022–––IRS
990-PFNovember 2021–––IRS
990-PFNovember 2020–––IRS
990-PFNovember 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 30-0156517).

Questions about ARUN I AND ASMITA BHATIA FAMILY FOUNDATION

What is the EIN of ARUN I AND ASMITA BHATIA FAMILY FOUNDATION?
The employer identification number (EIN) of ARUN I AND ASMITA BHATIA FAMILY FOUNDATION is 30-0156517.
Is ARUN I AND ASMITA BHATIA FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to ARUN I AND ASMITA BHATIA FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ARUN I AND ASMITA BHATIA FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of ARUN I AND ASMITA BHATIA FAMILY FOUNDATION due?
The return for tax year 2024 (the year ending November 30, 2025) is due April 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ARUN I AND ASMITA BHATIA FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended November 2024.
Who are the officers and directors of ARUN I AND ASMITA BHATIA FAMILY FOUNDATION?
The 990-PF for the year ended November 30, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does ARUN I AND ASMITA BHATIA FAMILY FOUNDATION have?
On its 990-PF for the year ended November 30, 2024 it reported revenue of $558,997, expenses of $151,071 and total assets of $2,826,963 at year end.

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