Nonprofit · EIN 47-0851353
JAIN FOUNDATION INC
Tax-exempt · BELTSVILLE, MD 20705
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $2,553 | $2,013 | $540 | $33,742 | $0 | $33,742 |
| December 31, 2023 | 990-PF | $2,244 | $2,011 | $233 | $29,956 | $0 | $29,956 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $2,546
- Interest
- $7
Expenses
- Grants and similar amounts paid
- $2,000
- Disbursements for charitable purposes
- $2,000
- Excise tax on investment income
- $35
Balance sheet and other
- Total assets, start of year
- $29,956
- Total assets, end of year
- $33,742
- Total liabilities, end of year
- $0
- Net assets, end of year
- $33,742
- Fair market value of assets
- $33,742
- Qualifying distributions
- $2,000
- Net investment income
- $2,553
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 |
|---|---|---|---|
| Deepak Jain 11700 Montgomery Rd, Beltsville, MD 20705 | Director | 0 | $0 |
| Rachna Jain 20905 Delta Drive, Gaithersburg, MD 20882 | Director | 0 | $0 |
| Usha Jain 11706 Farside Road, Ellicott City, MD 21042 | Director | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Deepak Jain 11700 Montgomery Rd, Beltsville, MD 20705 | Director | 0 | $0 |
| Rachna Jain 20905 Delta Drive, Gaithersburg, MD 20882 | Director | 0 | $0 |
| Usha Jain 11706 Farside Road, Ellicott City, MD 21042 | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 11700 MONTGOMERY RD, BELTSVILLE, MD 20705-1159
- In care of
- % DEEPAK JAIN
- Signed the 990-PF
- Deepak Jain, Director
- Phone
- (301) 931-6574
- Return prepared by
- KatzCohen
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
- 47-0851353
- 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
- 2003
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T21)
- Assets (IRS master file)
- $33,742
- Income (IRS master file)
- $2,553
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $2,553 | $2,013 | $33,742 | IRS |
| 990-PF | December 2023 | $2,244 | $2,011 | $29,956 | 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 47-0851353).
Questions about JAIN FOUNDATION INC
- What is the EIN of JAIN FOUNDATION INC?
- The employer identification number (EIN) of JAIN FOUNDATION INC is 47-0851353.
- Is JAIN FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to JAIN FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does JAIN FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of JAIN FOUNDATION INC 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 JAIN FOUNDATION INC 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 JAIN FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does JAIN FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,553, expenses of $2,013 and total assets of $33,742 at year end.
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All nonprofits in BELTSVILLE · Maryland · Philanthropy, voluntarism and grantmaking foundations