Nonprofit · EIN 81-4516296
KARESS FOUNDATION
Tax-exempt · SUGAR LAND, TX 77479
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,445 | $17,055 | -$15,610 | $236,276 | $0 | $236,276 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $1,240
- Interest
- $205
Expenses
- Grants and similar amounts paid
- $17,000
- Disbursements for charitable purposes
- $17,000
Balance sheet and other
- Total assets, start of year
- $192,853
- Total assets, end of year
- $236,276
- Total liabilities, end of year
- $0
- Net assets, end of year
- $236,276
- Fair market value of assets
- $236,276
- Qualifying distributions
- $17,000
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 |
|---|---|---|---|
| SANJAYA SOOD 220 MALONE STREET UNIT D, HOUSTON, TX 77007 | PRESIDENT | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 4823 PERIWINKLE CT, SUGAR LAND, TX 77479-3081
- Signed the 990-PF
- SANJAYA SOOD, PRESIDENT
- Return prepared by
- AH CPA'S PLLC
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
- 81-4516296
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $236,276
- Income (IRS master file)
- $1,445
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | -$919 | $19,245 | $192,853 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 KARESS FOUNDATION
- What is the EIN of KARESS FOUNDATION?
- The employer identification number (EIN) of KARESS FOUNDATION is 81-4516296.
- Is KARESS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to KARESS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does KARESS FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KARESS FOUNDATION 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 KARESS 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 KARESS FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does KARESS FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,445, expenses of $17,055 and total assets of $236,276 at year end.
Other nonprofits in SUGAR LAND
- FORT BEND I S D EDUCATION FOUNDATION EIN 76-0383233 · last filed 990 for 2025
- OBI FAMILY FOUNDATION EIN 93-4820181 · last filed 990 for 2024
- WELLSPRING ENDOWMENT INC EIN 46-0849564 · last filed 990 for 2024
- SIDHPUR FOUNDATION EIN 38-3372702 · last filed 990 for 2024
- PRIME SOLIDARITY FUND EIN 46-2557123 · last filed 990 for 2026
- EDUCATION FOCUSED FOUNDATION EIN 87-3807166 · last filed 990-EZ for 2024
- NATIONAL CHARITY LEAGUE INC SUGAR LAND CHAPTER EIN 82-0753140 · last filed 990-EZ for 2026
- TEXAS TEAM FOUNDATION EIN 81-4395122 · last filed 990 for 2023
All nonprofits in SUGAR LAND · Texas · Philanthropy, voluntarism and grantmaking foundations