Nonprofit · EIN 52-2208477
KANAKIA FOUNDATION
Tax-exempt · GREEN COVE SPRINGS, FL 32043
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $422,777 | $447,406 | -$24,629 | $86,917 | $0 | $86,917 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $53,912
- Dividends
- $2,281
- Interest
- $9
- Net gain from sales of assets
- $366,575
Expenses
- Grants and similar amounts paid
- $430,000
- Disbursements for charitable purposes
- $430,000
- Excise tax on investment income
- $4,885
Balance sheet and other
- Total assets, start of year
- $111,546
- Total assets, end of year
- $86,917
- Total liabilities, end of year
- $0
- Net assets, end of year
- $86,917
- Fair market value of assets
- $324,354
- Qualifying distributions
- $430,000
- Net investment income
- $368,865
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 |
|---|---|---|---|
| HEMANT KANAKIA 411 WALNUT ST 18620, GREEN COVE SPRINGS, FL 32043 | Director | 1 | $0 |
| SONALDE DESAI 411 WALNUT ST 18620, GREEN COVE SPRINGS, FL 32043 | Director | 1 | $0 |
| BHANUBEN KANAKIA VIBHAVASU SOCIETY APT 17 TEJP, MUMBAI, IN | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 411 WALNUT ST 18620, GREEN COVE SPRINGS, FL 32043-3443
- In care of
- % HERMANT KANAKIA
- Signed the 990-PF
- HEMANT KANAKIA, President
- Phone
- (301) 654-9090
- Return prepared by
- CHUGH CPAS LLP
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 | No data |
| 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
- 52-2208477
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Social science (V12)
- Assets (IRS master file)
- $181,128
- Income (IRS master file)
- $425,701
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $422,777 | $447,406 | $86,917 | XML |
| 990-PF | December 2023 | $594,449 | $458,224 | $111,546 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about KANAKIA FOUNDATION
- What is the EIN of KANAKIA FOUNDATION?
- The employer identification number (EIN) of KANAKIA FOUNDATION is 52-2208477.
- Is KANAKIA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to KANAKIA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does KANAKIA FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KANAKIA FOUNDATION 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 KANAKIA 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 KANAKIA FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does KANAKIA FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $422,777, expenses of $447,406 and total assets of $86,917 at year end.
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- PROFESSIONAL MEDICAL EDUCATION ASSOCIATION INC EIN 31-1014446 · last filed 990-PF for 2025
- MARVIN M TENBERG CHARITABLE FOUNDATION EIN 85-1257333 · last filed 990-PF for 2025
- INNOVATING WORTHY PROJECTS EIN 22-6083636 · last filed 990-PF for 2025
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- DAVID P TENBERG CHARITABLE FOUNDATION INC EIN 20-3160444 · last filed 990-PF for 2025
All nonprofits in GREEN COVE SPRINGS · Florida · Social science