Nonprofit · EIN 45-2925793
KG FOUNDATIONS
Tax-exempt · PLAINSBORO, NJ 08536
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $170,317 | $168,334 | $1,983 | $53,871 | – | $53,871 |
| December 31, 2024 | 990-EZ | $92,065 | $82,686 | $9,379 | $55,975 | – | $55,975 |
| December 31, 2023 | 990-EZ | $95,121 | $78,782 | $16,339 | $46,596 | – | $46,596 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $170,317
- Investment income
- $0
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $56,364
- Other expenses
- $111,970
Balance sheet and other
- Total assets, start of year
- $51,888
- Total assets, end of year
- $53,871
- Total liabilities, end of year
- –
- Net assets, end of year
- $53,871
- Cash, savings and investments
- $53,871
- Gross receipts
- $170,317
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| C S Prasad | PRESIDENT | 5 | $0 |
| Shankar Raman | Trustee | 2 | $0 |
| Madhav Prasad | Trustee | 2 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| C S Prasad | Trustee | 5 | $0 |
| Shankar Raman | Trustee | 2 | $0 |
| Madhav Prasad | Trustee | 2 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| C S Prasad | Trustee | 5 | $0 |
| Shankar Raman | Trustee | 2 | $0 |
| Madhav Prasad | Trustee | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 7 BLOSSOM HILL DR, PLAINSBORO, NJ 08536-3122
- In care of
- % CHETLUR S PRASAD
- Mailing address (990-N for 2022)
- 7 BLOSSOM HILL DRIVE, PLAINSBORO NJ 08536
- Principal officer (990-N for 2022)
- C S PRASAD, 7 BLOSSOM HILL DRIVE, PLAINSBORO NJ 08536
- Signed the 990-EZ
- C S PRASAD, President
- Phone
- (609) 273-1451
- Return prepared by
- Ram Associates
Mission
To contribute towards learning, development of, and spread the appreciation for Indian classical music and dance art forms in North America
Program accomplishments
- Indian classical music and dance event in North America
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 45-2925793
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A62)
- Assets (IRS master file)
- $53,871
- Income (IRS master file)
- $170,317
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $170,317 | $168,334 | $53,871 | IRS |
| 990-EZ | December 2024 | $92,065 | $82,686 | $55,975 | XML |
| 990-EZ | December 2023 | $95,121 | $78,782 | $46,596 | XML |
| 990-N for 2022 Officer: C S PRASAD | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-N for 2018 | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
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 45-2925793).
Questions about KG FOUNDATIONS
- What is the EIN of KG FOUNDATIONS?
- The employer identification number (EIN) of KG FOUNDATIONS is 45-2925793.
- Is KG FOUNDATIONS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to KG FOUNDATIONS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KG FOUNDATIONS 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 KG FOUNDATIONS 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 KG FOUNDATIONS last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of KG FOUNDATIONS?
- The 990-N for 2022 names C S PRASAD.
- Who are the officers and directors of KG FOUNDATIONS?
- The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does KG FOUNDATIONS have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $170,317, expenses of $168,334 and total assets of $53,871 at year end.
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All nonprofits in PLAINSBORO · New Jersey · Arts, culture and humanities