Nonprofit · EIN 46-5727888
REKHA & SUDHIR PURANIK FOUNDATION
Tax-exempt (reinstated) · HOUSTON, TX 77099
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $148,759 | $234,214 | -$85,455 | $36,779 | $0 | $36,779 |
| December 31, 2023 | 990-PF | $635,715 | $693,179 | -$57,464 | $124,041 | $1,807 | $122,234 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $148,759
Expenses
- Grants and similar amounts paid
- $40,097
- Compensation of officers, directors and key employees
- $70,526
- Salaries, compensation and benefits (total)
- $33,331
- Disbursements for charitable purposes
- $236,021
Balance sheet and other
- Total assets, start of year
- $124,041
- Total assets, end of year
- $36,779
- Total liabilities, end of year
- $0
- Net assets, end of year
- $36,779
- Fair market value of assets
- $36,779
- Qualifying distributions
- $236,021
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Bhakti Salunkhe 11150 South Wilcrest Dr Suite 175, Houston, TX 77099 | Secretary, Executive Director | 40 | $66,922 | $3,604 |
| Revati Puranik 11150 South Wilcrest Dr Suite 175, Houston, TX 77099 | President, Treasurer | 5 | $0 | $0 |
| Rekha Puranik 11150 South Wilcrest Dr Suite 175, Houston, TX 77099 | Vice President | 5 | $0 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Bhakti Salunkhe 11150 South Wilcrest Dr Ste 175, Houston, TX 77099 | Secretary, Executive Director | 40 | $95,000 | $7,864 |
| Sharayu Salunkhe 11150 South Wilcrest Dr Ste 175, Houston, TX 77099 | Social Media and Out Highest-paid employee | 40 | $50,000 | $0 |
| Leslie Ausucua 11150 South Wilcrest Dr Ste 175, Houston, TX 77099 | Operations Director Highest-paid employee | 40 | $40,623 | $9,954 |
| Revati Puranik 11150 South Wilcrest Dr Ste 175, Houston, TX 77099 | President, Treasurer | 5 | $0 | $0 |
| Rekha Puranik 11150 South Wilcrest Dr Ste 175, Houston, TX 77099 | Vice President | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 11150 S WILCREST DR STE 175, HOUSTON, TX 77099-4343
- In care of
- % MIMI GUAJARDO
- Signed the 990-PF
- Revati Puranik, President & Treasurer
- Phone
- (713) 258-4995
- Return prepared by
- Blazek & Vetterling
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 46-5727888
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T12)
- Assets (IRS master file)
- $36,779
- Income (IRS master file)
- $148,759
Revocation and reinstatement
- Exemption revoked
- May 15, 2016
- Posted by the IRS
- April 12, 2018
- Reinstated
- Effective May 15, 2016
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $148,759 | $234,214 | $36,779 | IRS |
| 990-PF | December 2023 | $635,715 | $693,179 | $124,041 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 46-5727888).
Questions about REKHA & SUDHIR PURANIK FOUNDATION
- What is the EIN of REKHA & SUDHIR PURANIK FOUNDATION?
- The employer identification number (EIN) of REKHA & SUDHIR PURANIK FOUNDATION is 46-5727888.
- Is REKHA & SUDHIR PURANIK FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2016 and reinstated it effective May 15, 2016.
- Are donations to REKHA & SUDHIR PURANIK FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does REKHA & SUDHIR PURANIK FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of REKHA & SUDHIR PURANIK 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 REKHA & SUDHIR PURANIK 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 REKHA & SUDHIR PURANIK FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $66,922 (Bhakti Salunkhe, Secretary, Executive Director).
- How much revenue does REKHA & SUDHIR PURANIK FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $148,759, expenses of $234,214 and total assets of $36,779 at year end.
Other nonprofits in HOUSTON
- LAURA AND JOHN ARNOLD FOUNDATION EIN 26-3241764 · last filed 990-PF for 2024
- SAROFIM FOUNDATION EIN 37-2090276 · last filed 990-PF for 2025
- STOLLER FOUNDATION EIN 46-3119720 · last filed 990-PF for 2024
- GREATER HOUSTON COMMUNITY FOUNDATION EIN 23-7160400 · last filed 990 for 2024
- HOUSTON ENDOWMENT INC EIN 74-6013920 · last filed 990-PF for 2024
- BROWN FOUNDATION INC EIN 74-6036466 · last filed 990-PF for 2025
- METHODIST PRIMARY CARE GROUP EIN 76-0556120 · last filed 990 for 2024
- LAURIE AND REED MORIAN FOUNDATION EIN 46-1580212 · last filed 990-PF for 2024
All nonprofits in HOUSTON · Texas · Philanthropy, voluntarism and grantmaking foundations