Nonprofit · EIN 36-3659998
NORTH SOUTH FOUNDATION
Tax-exempt · BURR RIDGE, IL 60527
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| April 30, 2025 | 990 | $4,125,016 | $6,086,490 | -$1,961,474 | $13,822,392 | $0 | $13,822,392 |
| April 30, 2024 | 990 | $2,702,597 | $2,135,458 | $567,139 | $15,717,719 | $0 | $15,717,719 |
| April 30, 2023 | 990 (amended) | $1,573,337 | $1,120,111 | $453,226 | $15,315,533 | $0 | $15,315,533 |
Financial details: 990 for the year ended April 30, 2025
Revenue
- Contributions, gifts and grants
- $1,028,031
- Program service revenue
- $400,459
- Investment income
- $2,690,526
- Other revenue
- $6,000
Expenses
- Grants and similar amounts paid
- $4,880,063
- Other salaries and wages
- $266,833
- Salaries, compensation and benefits (total)
- $292,864
- Professional fundraising fees
- $0
- Legal fees
- $9,220
- Accounting fees
- $2,813
- Occupancy
- $57,103
- Travel
- $81,692
- Program services (functional)
- $6,041,201
- Management and general (functional)
- $45,289
Balance sheet and other
- Total assets, start of year
- $15,717,719
- Total assets, end of year
- $13,822,392
- Total liabilities, end of year
- $0
- Net assets, end of year
- $13,822,392
- Publicly traded securities
- $12,597,450
- Net assets without donor restrictions
- $13,478,306
- Net assets with donor restrictions
- $344,086
- Gross receipts
- $4,125,016
- Employees
- 3
- Volunteers
- 2,500
- Year formed
- 1989
- State of legal domicile
- IL
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 for the year ended April 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Visalakshi Meyyappan | Chief Administrative Officer Officer | 40 | $102,708 |
| Srivittal Choppara | CEO Officer | 40 | $102,500 |
| Dr Arun Maheshwari | Board Member/Chairman & CEO Trustee or director, Officer | 40 | $0 |
| Dr Ratnam Chitturi | Board Member Trustee or director | 40 | $0 |
| Dr Prasad Kaipa | Board Member Trustee or director | 4 | $0 |
| Dr Praveen Goli | Board Member Trustee or director | 4 | $0 |
| Savitha Naidu | Board Member/Secretary Trustee or director, Officer | 4 | $0 |
| Dr Rao Chalasani | Board Member/Non-voting/Chairman Emeritus Trustee or director | 4 | $0 |
| Veena Gundavelli | Board Member Trustee or director | 4 | $0 |
| Monil Ruparel | Board Member Trustee or director | 4 | $0 |
| Mahesh Bhatia | Board member Trustee or director | 4 | $0 |
| Hiren Thakar | Board Member Trustee or director | 4 | $0 |
| Siva Vavilala | Board Member Trustee or director | 4 | $0 |
| Anita Gavini | Chief Operating Officer Trustee or director | 4 | $0 |
| Balu Natarajan | CEO Trustee or director, Officer | 15 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Surabhi Pokhriyal | Director Trustee or director | 4 | $0 |
| Athena Savino | Director Trustee or director | 4 | $0 |
| Manish Maheshwari | Treasurer Officer | 4 | $0 |
| Srikanth R | Volunteer - CFO Officer | 12 | $0 |
| Bala Bhagavat | CFO Officer | 10 | $0 |
| Mahavir Gandhi | CFO Officer | 10 | $0 |
| Roopashree Srikanth | Treasurer Officer | 4 | $0 |
| Desi Vijay | Secretary Officer | 6 | $0 |
990 for the year ended April 30, 2024: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Arun Maheshwari | Board Member/Chairman Trustee or director, Officer | 12 | $0 |
| Dr Ratnam Chitturi | Board Member Trustee or director | 40 | $0 |
| Dr Prasad Kaipa | Board Member Trustee or director | 4 | $0 |
| Dr Praveen Goli | Board Member Trustee or director | 4 | $0 |
| Savitha Naidu | Board Member/Secretary Trustee or director, Officer | 4 | $0 |
| Dr Rao Chalasani | Board Member/Non-voting/Chairman Emeritus Trustee or director | 4 | $0 |
| Veena Gundavelli | Board Member Trustee or director | 4 | $0 |
| Monil Ruparel | Board Member Trustee or director | 4 | $0 |
| Dr Balu Natarajan | Board member/President/CEO Trustee or director, Officer | 4 | $0 |
| Roopashree Srikanth | Treasurer Trustee or director, Officer | 4 | $0 |
| Bala Bhagavat | Chief Financial Officer Trustee or director, Officer | 8 | $0 |
| Hiren Thakar | Board Member Trustee or director | 4 | $0 |
| Siva Vavilala | Board Member Trustee or director | 0 | $0 |
| Anita Gavini | Chief Operating Officer Trustee or director, Officer | 4 | $0 |
| Kavita Somani | Co-Treasurer Trustee or director, Officer | 2 | $0 |
990 for the year ended April 30, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Arun Maheshwari | Board Member/Chairman Trustee or director, Officer | 12 | $0 |
| Dr Ratnam Chitturi | Board Member Trustee or director | 40 | $0 |
| Sravanthi Vallampati | Board Member/Secretary Trustee or director, Officer | 4 | $0 |
| Dr Kavya Shivashankar | Board Member Trustee or director | 4 | $0 |
| Dr Prasad Kaipa | Board Member Trustee or director | 4 | $0 |
| Dr Praveen Goli | Board Member Trustee or director | 4 | $0 |
| Savitha Naidu | Board Member Trustee or director | 4 | $0 |
| Dr Rao Chalasani | Board Member/Non-voting Trustee or director | 4 | $0 |
| Veena Gundavelli | Board Member Trustee or director | 4 | $0 |
| Monil Ruparel | Board Member Trustee or director | 4 | $0 |
| Dr Balu Natarajan | Board member/President Officer | 4 | $0 |
| Roopashree Srikanth | Treasurer Officer | 4 | $0 |
| Bala Bhagavat | Chief Financial Officer Officer | 8 | $0 |
Address and contacts
- Address (IRS master file)
- 2 MARISSA CT, BURR RIDGE, IL 60527-6864
- Principal officer (990 for 2024)
- Arun Maheshwari, 19713 Tesoro Way, Estero, FL 33967
- Signed the 990
- Ratnam Chitturi, Director
- Phone
- (630) 323-1966
- Website
- http://www.northsouth.org
Mission
Empower every child to achieve their maximum potential,excel in education and to be an empathetic holistic leader. Provide education scholarships and resources to needy children. Provide a platform for volunteers to support the community.
Program accomplishments
- Provide scholarships to those were awarded first three ranks in the past in the national finals in the US conducted by the Foundation annually and are now going to college in the US.Expenses $10,250
- Educational Programs: Educational Programs: Conducted educational contests such as spelling bee, vocabulary, math, science, geography, history, essay with the purpose of encouraging excellence in education among 1-12 graders.Expenses $1,161,138 · revenue $400,459
- Scholarships provided to the meritorious students among the poor and most deserving to go to college in India.Expenses $899,000 · grants $899,000
- Domestic GrantsExpenses $3,970,813 · grants $3,970,813
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | April 30, 2026 | September 15, 2026 | Not on file |
| 2024 | April 30, 2025 | September 15, 2025 | 990 on file |
| 2023 | April 30, 2024 | September 16, 2024 | 990 on file |
IRS record
- EIN
- 36-3659998
- 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
- 1994
- Accounting year ends
- April
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82Z)
- Assets (IRS master file)
- $13,822,392
- Income (IRS master file)
- $4,125,016
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | April 2025 | $4,125,016 | $6,086,490 | $13,822,392 | XML |
| 990 | April 2024 | $2,702,597 | $2,135,458 | $15,717,719 | XML |
| 990 | April 2023 | $1,573,337 | $1,120,111 | $15,315,533 | XML |
| 990 | April 2022 | $1,877,366 | $1,009,824 | $14,862,307 | IRS |
| 990 | April 2021 | – | – | – | IRS |
| 990 | April 2020 | – | – | – | IRS |
| 990 | April 2019 | – | – | – | IRS |
| 990 | April 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 36-3659998).
Questions about NORTH SOUTH FOUNDATION
- What is the EIN of NORTH SOUTH FOUNDATION?
- The employer identification number (EIN) of NORTH SOUTH FOUNDATION is 36-3659998.
- Is NORTH SOUTH FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to NORTH SOUTH FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NORTH SOUTH FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NORTH SOUTH FOUNDATION due?
- The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NORTH SOUTH FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended April 2025.
- Who is the principal officer of NORTH SOUTH FOUNDATION?
- The 990 for the year ended April 30, 2025 names Arun Maheshwari.
- Who are the officers and directors of NORTH SOUTH FOUNDATION?
- The 990 for the year ended April 30, 2025 lists 23 people; 2 received compensation from the organization, the highest $102,708 (Visalakshi Meyyappan, Chief Administrative Officer).
- How much revenue does NORTH SOUTH FOUNDATION have?
- On its 990 for the year ended April 30, 2025 it reported revenue of $4,125,016, expenses of $6,086,490 and total assets of $13,822,392 at year end.
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