Nonprofit · EIN 84-2344419
SK FOUNDATION USA INC
Tax-exempt · CHATTANOOGA, TN 37414
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $331,741 | $555,241 | -$223,500 | $9,619,392 | $15,184 | $9,604,208 |
| December 31, 2024 | 990 | $377,250 | $497,074 | -$119,824 | $9,842,892 | $15,184 | $9,827,708 |
| December 31, 2023 | 990 | $5,298,338 | $767,637 | $4,530,701 | $9,962,716 | $15,184 | $9,947,532 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $332,131
- Net rental income
- -$390
- Other revenue
- -$390
Expenses
- Grants and similar amounts paid
- $520,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,663
- Accounting fees
- $2,365
- Travel
- $26,044
- Program services (functional)
- $520,330
- Management and general (functional)
- $15,378
- Fundraising (functional)
- $19,533
Balance sheet and other
- Total assets, start of year
- $9,842,892
- Total assets, end of year
- $9,619,392
- Total liabilities, end of year
- $15,184
- Net assets, end of year
- $9,604,208
- Land, buildings and equipment
- $915,946
- Net assets without donor restrictions
- $4,604,208
- Net assets with donor restrictions
- $5,000,000
- Gross receipts
- $398,381
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2019
- State of legal domicile
- TN
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR JOHN ANKERBERG | MEMBER Trustee or director | 10 | $0 |
| JEFFREY PALLANSCH | MEMBER Trustee or director | 5 | $0 |
| DARLENE ANKERBERG | CHAIRMAN OF THE BOARD Trustee or director, Officer | 15 | $0 |
| SATISH KUMAR | PRESIDENT/FOUNDER Trustee or director, Officer | 10 | $0 |
| DEBBIE PARSONS | SECRETARY Trustee or director, Officer | 5 | $0 |
| GLORIA JOHNS | MEMBER Trustee or director | 5 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR JOHN ANKERBERG | MEMBER Trustee or director | 10 | $0 |
| JEFFREY PALLANSCH | MEMBER Trustee or director | 5 | $0 |
| DARLENE ANKERBERG | CHAIRMAN OF THE BOARD Trustee or director, Officer | 15 | $0 |
| SATISH KUMAR | PRESIDENT/FOUNDER Trustee or director, Officer | 10 | $0 |
| DEBBIE PARSONS | SECRETARY Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR JOHN ANKERBERG | MEMBER Trustee or director | 10 | $0 |
| JEFFREY PALLANSCH | MEMBER Trustee or director | 5 | $0 |
| DARLENE ANKERBERG | CHAIRMAN OF THE BOARD Trustee or director, Officer | 15 | $0 |
| SATISH KUMAR | PRESIDENT/FOUNDER Trustee or director, Officer | 10 | $0 |
| DEBBIE PARSONS | SECRETARY Trustee or director, Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 8204, CHATTANOOGA, TN 37414-0204
- Mailing address (990-N for 2020)
- PO BOX 8204, CHATTANOOGA TN 374140204
- Principal officer (990 for 2025)
- DARLENE ANKERBERG, 6928 LEE HIGHWAY, CHATTANOOGA, TN 37421
- Principal officer (990-N for 2020)
- DARLENE ANKERBERG, 6928 LEE HWY, CHATTANOOGA TN 374214159
- Signed the 990
- DARLENE ANKERBERG, CHAIRMAN OF THE BOARD
- Phone
- (423) 757-0274
- Return prepared by
- BARTO HOSS & COMPANY PC
Mission
SK FOUNDATION'S MISSION IS TO PROVIDE FINANCIAL SUPPORT FOR HUMANITARIAN AID AND RELATED WORK PROVIDED BY OTHERS ABROAD. THE FOUNDATION ADOPTS THESE PRINCIPLES AND GUIDELINES TO ASSIST IT TO EXERCISE NECESSARY CONTROL OVER SUPPORT PROVIDED FOR SUCH WORK.
Program accomplishments
- THE MISSION OF SK FOUNDATION USA, INC. IS TO ADVANCE THE GOSPEL OF JESUS CHRIST THROUGH COMPASSIONATE MINISTRY, HUMANITARIAN OUTREACH, AND CHARITABLE SUPPORT BOTH IN THE UNITED STATES AND AROUND THE WORLD. THE FOUNDATION EXISTS TO STEWARD ITS RESOURCES FAITHFULLY FOR MINISTRY PURPOSES, TRAVEL EXPENSES RELATED TO CHARITABLE AND MINISTRY ACTIVITIES, AND INTIATIVES THAT BRING PHYSICAL, EMOTIONAL, AND SPIRITUAL CARE TO THOSE IN NEED.SK FOUNDATION USA, INC. IS COMMITTED TO CARING FOR THE NEEDY, SICK, POOR, WIDOWED, ELDERLY, AND ORPHANED, INCLUDING INDIVIDUALS AND COMMUNITIES OVERSEAS. THIS MISSION INCLUDES, BUT IS NOT LIMITED TO, SUPPORTING THE PURCHASE, CONSTRUCTION, MAINTENANCE, STAFFING, AND OPERATION OF HOSPITALS, PHARMACIES, ASSISTED LIVING AND RETIREMENT HOMES, AND CHILDREN'S HOMES; PURCHASING AND MAINTAINING AMBULANCES; AND PROVIDING WATER CENTERS, NUTRITIONAL PROGRAMS, PENSIONS FOR WIDOWS AND ORPHANS, AND DISASTER RELIEF EFFORTS.THE FOUNDATION ALSO SEEKS TO PROVIDE AID DURING TIMES OF CRISIS AND HUMANITARIAN EMERGENCY. A RECENT PRIMARY FOCUS INCLUDED HELPING ESTABLISH A HOSPITAL IN INDIA TO ASSIST WITH COVID-19 RELIEF EFFORTS THROUGH FUNDING FOR CONSTRUCTION, MEDICAL EQUIPMENT AND SUPPLIES, AMBULANCES, AND PHYSICIAN AND HOSPITAL STAFF SALARIES.THROUGH EVERY ENDEAVOR, SK FOUNDATION USA, INC. SEEKS TO DEMONSTRATE THE LOVE OF CHRIST BY SERVING VULNERABLE POPULATIONS WITH COMPASSION, DIGNITY, INTEGRITY, AND HOPE.Expenses $520,330 · grants $520,000
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 | 990 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
- 84-2344419
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T12)
- Assets (IRS master file)
- $9,619,392
- Income (IRS master file)
- $398,381
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $331,741 | $555,241 | $9,619,392 | XML |
| 990 | December 2024 | $377,250 | $497,074 | $9,842,892 | XML |
| 990 | December 2023 | $5,298,338 | $767,637 | $9,962,716 | XML |
| 990 | December 2022 | $1,000 | $1,383,768 | $4,416,831 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: DARLENE ANKERBERG | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: DARLENE ANKERBERG | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 84-2344419).
Questions about SK FOUNDATION USA INC
- What is the EIN of SK FOUNDATION USA INC?
- The employer identification number (EIN) of SK FOUNDATION USA INC is 84-2344419.
- Is SK FOUNDATION USA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to SK FOUNDATION USA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SK FOUNDATION USA 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 SK FOUNDATION USA INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SK FOUNDATION USA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of SK FOUNDATION USA INC?
- The 990 for the year ended December 31, 2025 names DARLENE ANKERBERG.
- Who are the officers and directors of SK FOUNDATION USA INC?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does SK FOUNDATION USA INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $331,741, expenses of $555,241 and total assets of $9,619,392 at year end.
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