Nonprofit · EIN 58-2498469
SHETH FAMILY FOUNDATION INC
Tax-exempt · DULUTH, GA 30097
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $402,466 | $124,345 | $278,121 | $1,230,831 | $18,538 | $1,212,293 |
| December 31, 2023 | 990-PF | $28,712 | $156,146 | -$127,434 | $934,913 | $27,478 | $907,435 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $353,805
- Dividends
- $28,577
- Net gain from sales of assets
- $20,084
Expenses
- Grants and similar amounts paid
- $110,988
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $113,781
- Excise tax on investment income
- $569
Balance sheet and other
- Total assets, start of year
- $934,913
- Total assets, end of year
- $1,230,831
- Total liabilities, end of year
- $18,538
- Net assets, end of year
- $1,212,293
- Fair market value of assets
- $1,329,624
- Qualifying distributions
- $113,781
- Net investment income
- $48,661
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 |
|---|---|---|---|
| Jagdish N Sheth MD 2295 Sugarloaf Club Drive, Duluth, GA 30097 | Trustee | 1 | $0 |
| Madhuri J Sheth 2295 Sugarloaf Club Drive, Decatur, GA 30097 | Trustee | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jagdish N Sheth MD 1549 Clairmont Rd, Decatur, GA 30033 | Trustee | 1 | $0 |
| Madhuri J Sheth 1549 Clairmont Rd, Decatur, GA 30033 | Trustee | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2295 SUGARLOAF CLUB DR, DULUTH, GA 30097-7403
- In care of
- % JAGDISH N SHETH PRESIDENT
- Signed the 990-PF
- Jagdish N Sheth, Chairman
- Phone
- (404) 325-0757
- Return prepared by
- Aprio Advisory Group LLC
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
- 58-2498469
- 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)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $1,230,831
- Income (IRS master file)
- $822,688
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $402,466 | $124,345 | $1,230,831 | XML |
| 990-PF | December 2023 | $28,712 | $156,146 | $934,913 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | 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 58-2498469).
Questions about SHETH FAMILY FOUNDATION INC
- What is the EIN of SHETH FAMILY FOUNDATION INC?
- The employer identification number (EIN) of SHETH FAMILY FOUNDATION INC is 58-2498469.
- Is SHETH FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to SHETH FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SHETH FAMILY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SHETH FAMILY 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 SHETH FAMILY 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 SHETH FAMILY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does SHETH FAMILY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $402,466, expenses of $124,345 and total assets of $1,230,831 at year end.
Other nonprofits in DULUTH
- COMMUNITY FOUNDATION FOR NORTHEAST GEORGIA INC EIN 58-1557995 · last filed 990 for 2024
- THE SCOTT HUDGENS FAMILY FOUNDATION INC EIN 58-2513020 · last filed 990-PF for 2024
- JIM & PAULA MCDONALD CHARITABLE TR 12152000 EIN 58-6429849 · last filed 990-PF for 2025
- CHU FAMILY FOUNDATION INC EIN 32-0338339 · last filed 990-PF for 2024
- PRIMERICA FOUNDATION INC EIN 27-4689647 · last filed 990-PF for 2024
- WOMENS CLUB OF SUGARLOAF COUNTRY CLUB CHARITIES INC EIN 26-1140144 · last filed 990 for 2025
- STINCHCOMB FAMILY FOUNDATION INC EIN 20-4003704 · last filed 990-PF for 2025
- HUNTER FAMILY CHARITABLE FOUNDATION INC EIN 27-4334243 · last filed 990-PF for 2024
All nonprofits in DULUTH · Georgia · Philanthropy, voluntarism and grantmaking foundations