Nonprofit · EIN 75-2900313
LILY FOUNDATION OF AMERICA
Tax-exempt · DALLAS, TX 75229
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $298,335 | $234,936 | $63,399 | $623,313 | $0 | $623,313 |
| December 31, 2023 | 990 | $307,770 | $285,026 | $22,744 | $572,914 | $13,000 | $559,914 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $240,995
- Program service revenue
- $0
- Investment income
- $57,340
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $192,299
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $197,616
- Fundraising (functional)
- $37,320
Balance sheet and other
- Total assets, start of year
- $572,914
- Total assets, end of year
- $623,313
- Total liabilities, end of year
- $0
- Net assets, end of year
- $623,313
- Publicly traded securities
- $488,981
- Gross receipts
- $298,335
- Employees
- 0
- Year formed
- 2000
- State of legal domicile
- TX
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TOPAN BHATTACHARYA | TRUSTEE Trustee or director | 10 | $0 |
| JOGESWARI SARKAR | TRUSTEE Trustee or director | 10 | $0 |
| AMAL MUKHERJEE | TRUSTEE Trustee or director | 10 | $0 |
| SUDIP BASU | VICE PRESIDENT Officer | 20 | $0 |
| SANJIT BHATTACHARYA | PRESIDENT Officer | 8 | $0 |
| PROMIT SANYAL | DIRECTOR Officer | 8 | $0 |
| RAJASHI GHOSH | DIRECTOR Officer | 8 | $0 |
| ANTARA MUKHERJEE | SECRETARY Officer | 10 | $0 |
| ANEESH KUMAR | DIRECTOR Officer | 10 | $0 |
| ROHIT MUKHERJEE | TREASURER Officer | 20 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMAL MUKHERJEE | TRUSTEE Trustee or director | 10 | $0 |
| JOGESWARI SARKAR | TRUSTEE Trustee or director | 10 | $0 |
| TOPAN BHATTACHARYA | TRUSTEE Trustee or director | 10 | $0 |
| ANTARA MUKHERJEE | SECRETARY Officer | 10 | $0 |
| SANJIT BHATTACHARYA | DIRECTOR Officer | 10 | $0 |
| PROMITH SANYAL | DIRECTOR Officer | 10 | $0 |
| ANISH RAY | VICE PRESIDENT Officer | 8 | $0 |
| BASAB CHATTERJEE | PRESIDENT Officer | 8 | $0 |
| ROHIT MUKHERJEE | TREASURER Officer | 20 | $0 |
| JAY SARKAR | DIRECTOR Officer | 8 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 59824, DALLAS, TX 75229-1824
- In care of
- % BASAB CHATTERJEE
- Signed the 990
- BASAB CHATTERJEE, PRESIDENT
- Phone
- (214) 351-1231
- Return prepared by
- SG INC CPA
Mission
THE MAIN PURPOSE IS TO PROVIDE EDUCATION GRANTS ASSISTANCE TO POOR STUDENTS
Program accomplishments
- FREE EDUCATION TO THE POOR GRANTEE: THE LILY FOUNDATION, INDIA CHARITY TO ORGANIZATIONS TO SUPPORT DISABLED AND ELDERLYExpenses $197,616
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 75-2900313
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B92)
- Assets (IRS master file)
- $623,313
- Income (IRS master file)
- $298,335
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $298,335 | $234,936 | $623,313 | XML |
| 990 | December 2023 | $307,770 | $285,026 | $572,914 | XML |
| 990 | December 2022 | $461,406 | $319,149 | $537,170 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | 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 75-2900313).
Questions about LILY FOUNDATION OF AMERICA
- What is the EIN of LILY FOUNDATION OF AMERICA?
- The employer identification number (EIN) of LILY FOUNDATION OF AMERICA is 75-2900313.
- Is LILY FOUNDATION OF AMERICA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to LILY FOUNDATION OF AMERICA tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LILY FOUNDATION OF AMERICA 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 LILY FOUNDATION OF AMERICA 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 LILY FOUNDATION OF AMERICA last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of LILY FOUNDATION OF AMERICA?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does LILY FOUNDATION OF AMERICA have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $298,335, expenses of $234,936 and total assets of $623,313 at year end.
Other nonprofits in DALLAS
- SOUTHERN METHODIST UNIVERSITY EIN 75-0800689 · last filed 990 for 2025
- UPLIFT EDUCATION EIN 75-2659683 · last filed 990 for 2025
- SOUTHWESTERN MEDICAL FOUNDATION EIN 75-0945939 · last filed 990 for 2024
- DALLAS BAPTIST UNIVERSITY EIN 75-6001300 · last filed 990 for 2025
- PARKER UNIVERSITY EIN 75-1596658 · last filed 990 for 2025
- DALLAS THEOLOGICAL SEMINARY EIN 75-0827421 · last filed 990 for 2025
- DALLAS COLLEGE FOUNDATION INC EIN 23-7326612 · last filed 990 for 2025
- HOCKADAY SCHOOL EIN 75-0800650 · last filed 990 for 2025