Nonprofit · EIN 83-2392214
GNEXT FOUNDATION
Tax-exempt · AUSTIN, TX 78732
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $45,652 | $1,119 | $44,533 | $51,856 | $0 | $51,856 |
| December 31, 2023 | 990-PF | $33,835 | $36,002 | -$2,167 | $7,323 | $0 | $7,323 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $45,100
- Interest
- $552
Expenses
- Grants and similar amounts paid
- $0
- Disbursements for charitable purposes
- $1,119
Balance sheet and other
- Total assets, start of year
- $7,323
- Total assets, end of year
- $51,856
- Total liabilities, end of year
- $0
- Net assets, end of year
- $51,856
- Qualifying distributions
- $1,119
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 |
|---|---|---|---|
| KARUNAKAR REDDY 11205 WOODLAND HILLS TRL, AUSTIN, TX 787320000 | DIRECTOR | 0 | $0 |
| LAVANYA REDDY 11205 WOODLAND HILLS TRL, AUSTIN, TX 787320000 | DIRECTOR | 0 | $0 |
| PREETI REDDY 11205 WOODLAND HILLS TRL, AUSTIN, TX 787320000 | DIRECTOR | 0 | $0 |
| POOJA REDDY 11205 WOODLAND HILLS TRL, AUSTIN, TX 787320000 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARUNAKAR REDDY 11205 WOODLAND HILLS TRL, AUSTIN, TX 787320000 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 11205 WOODLAND HILLS TRL, AUSTIN, TX 78732-2177
- In care of
- % KARUN REDDY
- Signed the 990-PF
- KARUN REDDY, DIRECTOR
- Phone
- (512) 903-5677
- Return prepared by
- Saicedar LLC dba GuruTaxPro
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
- 83-2392214
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T23)
- Assets (IRS master file)
- $51,856
- Income (IRS master file)
- $45,652
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $45,652 | $1,119 | $51,856 | XML |
| 990-PF | December 2023 | $33,835 | $36,002 | $7,323 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 83-2392214).
Questions about GNEXT FOUNDATION
- What is the EIN of GNEXT FOUNDATION?
- The employer identification number (EIN) of GNEXT FOUNDATION is 83-2392214.
- Is GNEXT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to GNEXT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GNEXT FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GNEXT 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 GNEXT 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 GNEXT FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does GNEXT FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $45,652, expenses of $1,119 and total assets of $51,856 at year end.
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