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Nonprofit · EIN 33-2312049

ASAVA FOUNDATION

Tax-exempt · CELINA, TX 75009

Financials

$400K$02024$400K$02024$58K$28K2025
Revenue Expenses · by fiscal year end
Financials of ASAVA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$57,782$28,000$29,782$429,782$0$429,782
December 31, 2024990$400,000$0$400,000$400,000$0$400,000
December 31, 2024990-PF (amended)$400,000$0$400,000$400,000$0$400,000
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$29,214
Net gain from sales of assets
$28,568

Expenses

Grants and similar amounts paid
$26,600
Disbursements for charitable purposes
$26,600
Excise tax on investment income
$803

Balance sheet and other

Total assets, start of year
$400,000
Total assets, end of year
$429,782
Total liabilities, end of year
$0
Net assets, end of year
$429,782
Qualifying distributions
$26,600
Net investment income
$57,782

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.

NameTitleHours / weekCompensation
ANAND ASAVA
2582 W FM 120, POTTSBORO, TX 75076
Director2$0
ASHVIN ASAVA
705 BRIARRIDGE RD, SOUTHLAKE, TX 76092
Director1$0
AMIT ASAVA
2706 SOLSATA CT, CELINA, TX 75009
Director4$0
990 for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
ANAND ASAVADirector
Trustee or director
6$0
ASHVIN ASAVADirector
Trustee or director
1$0
AMIT ASAVADirector
Trustee or director
4$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
ANAND ASAVA
2582 W FM 120, POTTSBORO, TX 75076
Director6$0
ASHVIN ASAVA
705 BRIARRIDGE RD, SOUTHLAKE, TX 76092
Director1$0
AMIT ASAVA
2706 SOLSATA CT, CELINA, TX 75009
Director4$0

Address and contacts

Address (IRS master file)
2706 SOLASTA CT, CELINA, TX 75009-5607
Signed the 990-PF
ANAND ASAVA, Director
Phone
(214) 995-5840
Return prepared by
RightTaxMate Inc

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, 2026990-PF on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024No data

IRS record

EIN
33-2312049
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
2025
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$429,782
Income (IRS master file)
$439,515

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$57,782$28,000$429,782XML
990December 2024$400,000$0$400,000XML
990-PFDecember 2024$400,000$0$400,000XML

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about ASAVA FOUNDATION

What is the EIN of ASAVA FOUNDATION?
The employer identification number (EIN) of ASAVA FOUNDATION is 33-2312049.
Is ASAVA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to ASAVA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does ASAVA FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of ASAVA 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 ASAVA 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 ASAVA FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does ASAVA FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $57,782, expenses of $28,000 and total assets of $429,782 at year end.

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