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Nonprofit · EIN 33-0486173

DR PREM REDDY FAMILY FOUNDATION

Tax-exempt · VICTORVILLE, CA 92395

Financials

−$58K$11.5M2022$1.5M$1.5M2023$1.3M$934K2024
Revenue Expenses · by fiscal year end
Financials of DR PREM REDDY FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,348,129$934,049$414,080$48,072,894$133,692$47,939,202
December 31, 2023990-PF$1,531,925$1,457,028$74,897$45,761,850$117,770$45,644,080
December 31, 2022990-PF (amended)-$57,940$11,520,196-$11,578,136$43,304,945$140,830$43,164,115
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$725,624
Interest
$113,173
Net rental income
$100,181
Net gain from sales of assets
$408,488
Other income
$663

Expenses

Grants and similar amounts paid
$561,562
Disbursements for charitable purposes
$601,377
Excise tax on investment income
$14,233

Balance sheet and other

Total assets, start of year
$45,761,850
Total assets, end of year
$48,072,894
Total liabilities, end of year
$133,692
Net assets, end of year
$47,939,202
Fair market value of assets
$48,072,894
Qualifying distributions
$601,377
Net investment income
$1,345,316

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
PREM REDDY
16850 BEAR VALLEY RD STE 200, VICTORIVILLE, CA 92395
PRESIDENT0$0
KAVITHA REDDY BHATIA
16850 BEAR VALLEY RD STE 200, VICTORIVILLE, CA 92395
SECRETARY0$0
SUNITHA REDDY
16850 BEAR VALLEY RD STE 200, VICTORIVILLE, CA 92395
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
PREM REDDY
16850 BEAR VALLEY RD STE 200, VICTORIVILLE, CA 92395
PRESIDENT2$0
KAVITHA REDDY BHATIA
16850 BEAR VALLEY RD STE 200, VICTORIVILLE, CA 92395
SECRETARY2$0
SUNITHA REDDY
16850 BEAR VALLEY RD STE 200, VICTORIVILLE, CA 92395
DIRECTOR2$0
990-PF for the year ended December 31, 2022: 3 people
NameTitleHours / weekCompensation
PREM REDDY MD
16850 BEAR VALLEY RD SUITE 200, VICTORVILLE, CA 92395
PRESIDENT2$0
KAVITHA REDDY BHATIA MD
16850 BEAR VALLEY ROAD SUITE 200, VICTORVILLE, CA 92395
SECRETARY2$0
SUNITHA REDDY
16850 BEAR VALLEY ROAD SUITE 200, VICTORVILE, CA 92395
DIRECTOR2$0

Address and contacts

Address (IRS master file)
16850 BEAR VALLEY RD STE 200, VICTORVILLE, CA 92395-5794
Signed the 990-PF
PREM REDDY, PRESIDENT
Phone
(760) 241-8000
Return prepared by
ROORDA PIQUET & BESSEE INC

California records

California keeps its own records of charities and corporations. Search them by EIN 33-0486173 or by the name DR PREM REDDY FAMILY FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
33-0486173
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
1992
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$48,072,894
Income (IRS master file)
$5,366,001

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,348,129$934,049$48,072,894XML
990-PFDecember 2023$1,531,925$1,457,028$45,761,850XML
990-TDecember 2023–––IRS
990-PFDecember 2022-$57,940$11,520,196$43,304,945XML
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 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 33-0486173).

Questions about DR PREM REDDY FAMILY FOUNDATION

What is the EIN of DR PREM REDDY FAMILY FOUNDATION?
The employer identification number (EIN) of DR PREM REDDY FAMILY FOUNDATION is 33-0486173.
Is DR PREM REDDY FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to DR PREM REDDY FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does DR PREM REDDY FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of DR PREM REDDY FAMILY FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DR PREM REDDY FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of DR PREM REDDY FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does DR PREM REDDY FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,348,129, expenses of $934,049 and total assets of $48,072,894 at year end.

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