Nonprofit · EIN 77-0474749
FOUNDATION FOR EXCELLENCE INC
Tax-exempt · SUNNYVALE, CA 94087
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $3,739,608 | $3,386,814 | $352,794 | $2,467,365 | $9,000 | $2,458,365 |
| March 31, 2024 | 990 | $2,554,153 | $2,566,080 | -$11,927 | $2,110,571 | $5,000 | $2,105,571 |
| March 31, 2023 | 990 | $2,333,174 | $2,087,013 | $246,161 | $1,480,291 | $15 | $1,480,276 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $3,651,802
- of which government grants
- $3,651,802
- Program service revenue
- $0
- Investment income
- $87,806
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $3,138,327
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $10,425
- Occupancy
- $3,000
- Program services (functional)
- $3,302,881
- Management and general (functional)
- $83,933
Balance sheet and other
- Total assets, start of year
- $2,110,571
- Total assets, end of year
- $2,467,365
- Total liabilities, end of year
- $9,000
- Net assets, end of year
- $2,458,365
- Gross receipts
- $3,739,608
- Employees
- 0
- Volunteers
- 16
- Year formed
- 1997
- State of legal domicile
- CA
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 March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PRABHU GOEL | BOARD MEMBER Trustee or director | 0 | $0 |
| SAROSH D KUMANA | BOARD MEMBER Trustee or director | 0 | $0 |
| SANJAYA KUMAR | BOARD MEMBER Trustee or director | 0 | $0 |
| VENKATESH SHUKLA | BOARD MEMBER Trustee or director | 0 | $0 |
| MINOO GUPTA | BOARD MEMBER Trustee or director | 0 | $0 |
| ANIL KUMAR | EXECUTIVE DIRECTOR Trustee or director | 0 | $0 |
| RAJ SHAH | BOARD MEMBER Trustee or director | 0 | $0 |
| RAM G GUPTA | BOARD MEMBER Trustee or director | 0 | $0 |
| ARJUN BHAGAT | BOARD MEMBER Trustee or director | 0 | $0 |
| DARSHAN BHATT | BOARD MEMBER Trustee or director | 0 | $0 |
| ASHUTOSH AMAN | BOARD MEMBER Trustee or director | 0 | $0 |
| SUDHA KIDAO | BOARD MEMBER Trustee or director | 0 | $0 |
| NIMAL BAID | DIRECTOR Trustee or director | 0 | $0 |
| RANJIT KAGATHI | BOARD MEMBER Trustee or director | 0 | $0 |
| DR SANJAY BINDRA | BOARD MEMBER Trustee or director | 0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEVINDER KUMAR | BOARD MEMBER Trustee or director | 0 | $0 |
| DEEPA MAHESH | BOARD MEMBER Trustee or director | 0 | $0 |
990 for the year ended March 31, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DARSHAN BHATT | BOARD MEMBER Trustee or director | 0 | $0 |
| ARJUN BHAGAT | BOARD MEMBER Trustee or director | 0 | $0 |
| RAM G GUPTA | BOARD MEMBER Trustee or director | 0 | $0 |
| ASHUTOSH AMAN | BOARD MEMBER Trustee or director | 0 | $0 |
| RANJIT KAGATHI | BOARD MEMBER Trustee or director | 0 | $0 |
| NIMAL BAID | DIRECTOR Trustee or director | 0 | $0 |
| SUDHA KIDAO | BOARD MEMBER Trustee or director | 0 | $0 |
| SANJAYA KUMAR | BOARD MEMBER Trustee or director | 0 | $0 |
| SAROSH D KUMANA | BOARD MEMBER Trustee or director | 0 | $0 |
| PRABHU GOEL | BOARD MEMBER Trustee or director | 0 | $0 |
| VENKATESH SHUKLA | BOARD MEMBER Trustee or director | 0 | $0 |
| RAJ SHAH | BOARD MEMBER Trustee or director | 0 | $0 |
| ANIL KUMAR | EXECUTIVE SECRETARY Trustee or director | 0 | $0 |
| MINOO GUPTA | PRESIDENT Trustee or director | 0 | $0 |
990 for the year ended March 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PRABHU GOEL | BOARD MEMBER Trustee or director | 0 | $0 |
| SAROSH D KUMANA | BOARD MEMBER Trustee or director | 0 | $0 |
| SANJAYA KUMAR | BOARD MEMBER Trustee or director | 0 | $0 |
| BIPIN SHAH | TREASURER Trustee or director | 0 | $0 |
| VENKATESH SHUKLA | BOARD MEMBER Trustee or director | 0 | $0 |
| MINOO GUPTA | PRESIDENT Trustee or director | 0 | $0 |
| ANIL KUMAR | SECRETARY Trustee or director | 0 | $0 |
| RAJ SHAH | BOARD MEMBER Trustee or director | 0 | $0 |
| RAM G GUPTA | BOARD MEMBER Trustee or director | 0 | $0 |
| ARJUN BHAGAT | BOARD MEMBER Trustee or director | 0 | $0 |
| DARSHAN BHATT | BOARD MEMBER Trustee or director | 0 | $0 |
| ASHUTOSH AMAN | BOARD MEMBER Trustee or director | 0 | $0 |
| SUDHA KIDAO | BOARD MEMBER Trustee or director | 0 | $0 |
| NIMAL BAID | DIRECTOR Trustee or director | 0 | $0 |
| RANJITH KAGATHI | BOARD MEMBER Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2920, SUNNYVALE, CA 94087-0920
- In care of
- % ANIL KUMAR
- Signed the 990
- ANIL KUMAR, EXECUTIVE DIRECTOR
- Phone
- (408) 892-9920
- Return prepared by
- TRUANALYST SOLUTIONS LLP
Mission
TO BRING ABOUT A TRANSFORMATION IN THE LIVES OF BRILLIANT BUT FINANCIALLY NEEDY STUDENTS IN INDIA.THE MISSION IS ACCOMPLISHED BY PROVIDING FINANCIAL ASSISTANCE TO ENABLE STUDENTS TO CONTINUE AND COMPLETE THEIR HIGHER PROFESSIONAL EDUCATION IN INDIA.
Program accomplishments
- TO BRING ABOUT A TRANSFORMATION IN THE LIVES OF BRILLIANT BUT FINANCIALLY NEEDY STUDENTS IN INDIA. THE MISSION IS ACCOMPLISHED BY PROVIDING FINANCIAL ASSISTANCE TO ENABLE STUDENTS TO CONTINUE AND COMPLETE THEIR HIGHER PROFESSIONAL EDUCATION.Expenses $3,302,881 · grants $3,138,327 · revenue $3,739,608
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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 77-0474749
- 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
- 1999
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $2,467,365
- Income (IRS master file)
- $3,739,608
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | – | – | – | IRS |
| 990 | March 2024 | – | – | – | IRS |
| 990 | March 2023 | $2,333,174 | $2,087,013 | $1,480,291 | IRS |
| 990 | March 2022 | $2,706,304 | $1,606,820 | $1,234,130 | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2020 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | IRS |
| 990 | March 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 FOUNDATION FOR EXCELLENCE INC
- What is the EIN of FOUNDATION FOR EXCELLENCE INC?
- The employer identification number (EIN) of FOUNDATION FOR EXCELLENCE INC is 77-0474749.
- Is FOUNDATION FOR EXCELLENCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to FOUNDATION FOR EXCELLENCE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDATION FOR EXCELLENCE INC 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 FOUNDATION FOR EXCELLENCE INC due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FOUNDATION FOR EXCELLENCE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who are the officers and directors of FOUNDATION FOR EXCELLENCE INC?
- The 990 for the year ended March 31, 2025 lists 17 people; 0 received compensation from the organization.
- How much revenue does FOUNDATION FOR EXCELLENCE INC have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $3,739,608, expenses of $3,386,814 and total assets of $2,467,365 at year end.
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