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Nonprofit · EIN 36-3659998

NORTH SOUTH FOUNDATION

Tax-exempt · BURR RIDGE, IL 60527

Financials

$1.6M$1.1M2022$2.7M$2.1M2023$4.1M$6.1M2024
Revenue Expenses · by fiscal year end
Financials of NORTH SOUTH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
April 30, 2025990$4,125,016$6,086,490-$1,961,474$13,822,392$0$13,822,392
April 30, 2024990$2,702,597$2,135,458$567,139$15,717,719$0$15,717,719
April 30, 2023990 (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.

NameTitleHours / weekCompensation
Visalakshi MeyyappanChief Administrative Officer
Officer
40$102,708
Srivittal ChopparaCEO
Officer
40$102,500
Dr Arun MaheshwariBoard Member/Chairman & CEO
Trustee or director, Officer
40$0
Dr Ratnam ChitturiBoard Member
Trustee or director
40$0
Dr Prasad KaipaBoard Member
Trustee or director
4$0
Dr Praveen GoliBoard Member
Trustee or director
4$0
Savitha NaiduBoard Member/Secretary
Trustee or director, Officer
4$0
Dr Rao ChalasaniBoard Member/Non-voting/Chairman Emeritus
Trustee or director
4$0
Veena GundavelliBoard Member
Trustee or director
4$0
Monil RuparelBoard Member
Trustee or director
4$0
Mahesh BhatiaBoard member
Trustee or director
4$0
Hiren ThakarBoard Member
Trustee or director
4$0
Siva VavilalaBoard Member
Trustee or director
4$0
Anita GaviniChief Operating Officer
Trustee or director
4$0
Balu NatarajanCEO
Trustee or director, Officer
15$0
8 more people on this return
NameTitleHours / weekCompensation
Surabhi PokhriyalDirector
Trustee or director
4$0
Athena SavinoDirector
Trustee or director
4$0
Manish MaheshwariTreasurer
Officer
4$0
Srikanth RVolunteer - CFO
Officer
12$0
Bala BhagavatCFO
Officer
10$0
Mahavir GandhiCFO
Officer
10$0
Roopashree SrikanthTreasurer
Officer
4$0
Desi VijaySecretary
Officer
6$0
990 for the year ended April 30, 2024: 15 people
NameTitleHours / weekCompensation
Dr Arun MaheshwariBoard Member/Chairman
Trustee or director, Officer
12$0
Dr Ratnam ChitturiBoard Member
Trustee or director
40$0
Dr Prasad KaipaBoard Member
Trustee or director
4$0
Dr Praveen GoliBoard Member
Trustee or director
4$0
Savitha NaiduBoard Member/Secretary
Trustee or director, Officer
4$0
Dr Rao ChalasaniBoard Member/Non-voting/Chairman Emeritus
Trustee or director
4$0
Veena GundavelliBoard Member
Trustee or director
4$0
Monil RuparelBoard Member
Trustee or director
4$0
Dr Balu NatarajanBoard member/President/CEO
Trustee or director, Officer
4$0
Roopashree SrikanthTreasurer
Trustee or director, Officer
4$0
Bala BhagavatChief Financial Officer
Trustee or director, Officer
8$0
Hiren ThakarBoard Member
Trustee or director
4$0
Siva VavilalaBoard Member
Trustee or director
0$0
Anita GaviniChief Operating Officer
Trustee or director, Officer
4$0
Kavita SomaniCo-Treasurer
Trustee or director, Officer
2$0
990 for the year ended April 30, 2023: 13 people
NameTitleHours / weekCompensation
Dr Arun MaheshwariBoard Member/Chairman
Trustee or director, Officer
12$0
Dr Ratnam ChitturiBoard Member
Trustee or director
40$0
Sravanthi VallampatiBoard Member/Secretary
Trustee or director, Officer
4$0
Dr Kavya ShivashankarBoard Member
Trustee or director
4$0
Dr Prasad KaipaBoard Member
Trustee or director
4$0
Dr Praveen GoliBoard Member
Trustee or director
4$0
Savitha NaiduBoard Member
Trustee or director
4$0
Dr Rao ChalasaniBoard Member/Non-voting
Trustee or director
4$0
Veena GundavelliBoard Member
Trustee or director
4$0
Monil RuparelBoard Member
Trustee or director
4$0
Dr Balu NatarajanBoard member/President
Officer
4$0
Roopashree SrikanthTreasurer
Officer
4$0
Bala BhagavatChief 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

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.

990 for the year ended April 30, 2025

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 Grants
    Expenses $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 yearYear endedDueIRS public records
2025April 30, 2026September 15, 2026Not on file
2024April 30, 2025September 15, 2025990 on file
2023April 30, 2024September 16, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990April 2025$4,125,016$6,086,490$13,822,392XML
990April 2024$2,702,597$2,135,458$15,717,719XML
990April 2023$1,573,337$1,120,111$15,315,533XML
990April 2022$1,877,366$1,009,824$14,862,307IRS
990April 2021–––IRS
990April 2020–––IRS
990April 2019–––IRS
990April 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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