Nonprofit · EIN 82-3415759
SHUBHAM FOUNDATION
Tax-exempt (reinstated) · FRISCO, TX 75035
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $115,928 | $129,964 | -$14,036 | $0 | – | -$14,036 |
| December 31, 2023 | 990 | $68,612 | $50,298 | $18,314 | $18,402 | $0 | $18,402 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $115,928
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $780
- Printing, publications and postage
- $326
- Other expenses
- $128,858
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- –
- Net assets, end of year
- -$14,036
- Gross receipts
- $115,928
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gopala Krishna Ponangi | CEO | 12 | $0 |
| VijayTodupnoori | Director | 12 | $0 |
| Mahesh Choppa | Director | 12 | $0 |
| Madhumathi Vysyaraju | Director | 12 | $0 |
| Ananya Ponangi | Director | 12 | $0 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GOPAL PONANGI | DIRECTOR Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 14937 BEGONIA DR, FRISCO, TX 75035-0740
- Mailing address (990-N for 2022)
- 14937 BEGONIA DR, FRISCO TX 75035
- Principal officer (990-N for 2022)
- GOPAL PONANGI, 14937 BEGONIA DRIVE, FRISCO TX 75035
- Signed the 990-EZ
- Gopala Krishna Ponangi, CEO
- Return prepared by
- Vinpaul Corporation
Mission
To support education based organizations
Program accomplishments
- To support health related issues and campaignsgrants $20,000
- To support education based organizationsgrants $95,928
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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-3415759
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A20)
- Assets (IRS master file)
- $1
- Income (IRS master file)
- $115,928
Revocation and reinstatement
- Exemption revoked
- May 15, 2021
- Posted by the IRS
- August 9, 2021
- Reinstated
- Effective May 15, 2021
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $115,928 | $129,964 | $0 | XML |
| 990 | December 2023 | $68,612 | $50,298 | $18,402 | XML |
| 990-N for 2022 Officer: GOPAL PONANGI | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2017 | – | – | – | 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 82-3415759).
Questions about SHUBHAM FOUNDATION
- What is the EIN of SHUBHAM FOUNDATION?
- The employer identification number (EIN) of SHUBHAM FOUNDATION is 82-3415759.
- Is SHUBHAM FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2021 and reinstated it effective May 15, 2021.
- Are donations to SHUBHAM FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SHUBHAM FOUNDATION 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 SHUBHAM 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 SHUBHAM FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of SHUBHAM FOUNDATION?
- The 990-N for 2022 names GOPAL PONANGI.
- Who are the officers and directors of SHUBHAM FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does SHUBHAM FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $115,928, expenses of $129,964 and total assets of $0 at year end.
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