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Nonprofit · EIN 84-3689894

ZARATHUSHTI ENTREPRENEURSHIP DEVELOPMENT FOUNDATION

Tax-exempt · HINSDALE, IL 60521

Financials

$119K$2912023$302K$176K2024
Revenue Expenses · by fiscal year end
Financials of ZARATHUSHTI ENTREPRENEURSHIP DEVELOPMENT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$302,335$176,237$126,098$297,091$0$297,091
December 31, 2023990-EZ$118,962$291$118,671$356,184$0$356,184
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$244,010
Program service revenue
$48,325
Investment income
$10,000
Other revenue
$0

Expenses

Grants and similar amounts paid
$175,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$176,237

Balance sheet and other

Total assets, start of year
$170,993
Total assets, end of year
$297,091
Total liabilities, end of year
$0
Net assets, end of year
$297,091
Net assets without donor restrictions
$297,091
Gross receipts
$302,335
Employees
0
Volunteers
15
Year formed
2019
State of legal domicile
IL

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
ROHINTON RIVETNATRUSTEE
Trustee or director
3$0
HOMI D GANDHITRUSTEE
Trustee or director
3$0
ARZAN S WADIATRUSTEE
Trustee or director
3$0
PERVIN TALEYARKHANSECRETARY
Trustee or director
3$0
RATAN MISTRYTREASURER
Trustee or director
3$0
TOOS DARUVALATRUSTEE
Trustee or director
3$0
EDUL DAVERTRUSTEE
Trustee or director
3$0
990-EZ for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
EDUL DAVERTRUSTEE10$0
ROHINTON RIVETNATRUSTEE5$0
HOMI D GANDHITRUSTEE5$0
ARZAN S WADIATRUSTEE5$0
PERVIN TALEYARKHANSECRETARY5$0
RATAN MISTRYTREASURER5$0
TOOS DARUVALATRUSTEE5$0

Address and contacts

Address (IRS master file)
5750 S JACKSON ST, HINSDALE, IL 60521-5109
In care of
% ROHINTON MINOCHAR RIVETNA
Mailing address (990-N for 2019)
6473 Wynkoop Steet, Los Angeles CA 90045
Principal officer (990 for 2024)
Ratan Mistry, 1248 Water Lily Way, San Jose, CA 95129
Principal officer (990-N for 2019)
Homi D Gandhi, 6473 Wynkoop Steet, Los Angeles CA 90045
Signed the 990
Ratan Mistry, Treasurer
Phone
(408) 421-1911

Mission

CHARITABLE ACTIVITIES TO PROMOTE ENTREPRENEURSHIP

990 for the year ended December 31, 2024

Program accomplishments

  • The primary exempt purpose of the ZARATHUSHTI ENTREPRENEURSHIP DEVELOPMENT FOUNDATION is the furtherance of the Zoroastrian religion and the followers of the Zoroastrian religion, specifically to promote Zoroastrians within the community by all means, including assisting in the promotion, networking and funding of Zoroastrian enterprises by various means, including grants or interest-free loans. In 2024, a total of $175,000 was disbursed as interest-free loans to 3 entrepreneurs in the garment embroidery business ($25,000), the real estate business ($50,000), the professional services business ($50,000), and healthcare business ($50,000).
    Expenses $176,237 · grants $175,000 · revenue $302,337

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
84-3689894
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
Assets (IRS master file)
$297,091
Income (IRS master file)
$302,335

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$302,335$176,237$297,091XML
990-EZDecember 2023$118,962$291$356,184XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-N for 2019
Officer: Homi D Gandhi
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 84-3689894).

Questions about ZARATHUSHTI ENTREPRENEURSHIP DEVELOPMENT FOUNDATION

What is the EIN of ZARATHUSHTI ENTREPRENEURSHIP DEVELOPMENT FOUNDATION?
The employer identification number (EIN) of ZARATHUSHTI ENTREPRENEURSHIP DEVELOPMENT FOUNDATION is 84-3689894.
Is ZARATHUSHTI ENTREPRENEURSHIP DEVELOPMENT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to ZARATHUSHTI ENTREPRENEURSHIP DEVELOPMENT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ZARATHUSHTI ENTREPRENEURSHIP DEVELOPMENT 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 ZARATHUSHTI ENTREPRENEURSHIP DEVELOPMENT 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 ZARATHUSHTI ENTREPRENEURSHIP DEVELOPMENT FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ZARATHUSHTI ENTREPRENEURSHIP DEVELOPMENT FOUNDATION?
The 990 for the year ended December 31, 2024 names Ratan Mistry.
Who are the officers and directors of ZARATHUSHTI ENTREPRENEURSHIP DEVELOPMENT FOUNDATION?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does ZARATHUSHTI ENTREPRENEURSHIP DEVELOPMENT FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $302,335, expenses of $176,237 and total assets of $297,091 at year end.

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