Nonprofit · EIN 84-4064450
CHOKSI FAMILY FOUNDATION
Tax-exempt · NORTHVILLE, MI 48167
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $3,749,056 | $38,361 | $3,710,695 | $7,789,112 | $0 | $7,789,112 |
| June 30, 2024 | 990-PF | $2,731,914 | $143,902 | $2,588,012 | $5,147,053 | $0 | $5,147,053 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,920,925
- Dividends
- $439,942
- Net gain from sales of assets
- $1,385,613
- Other income
- $2,576
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $5,675
- Excise tax on investment income
- $25,268
Balance sheet and other
- Total assets, start of year
- $5,147,053
- Total assets, end of year
- $7,789,112
- Total liabilities, end of year
- $0
- Net assets, end of year
- $7,789,112
- Fair market value of assets
- $8,654,061
- Qualifying distributions
- $5,675
- Net investment income
- $1,828,131
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN CHOKSI 20970 TURNBERRY BLVD, NORTHVILLE, MI 48167 | PRESIDENT/DIRECTOR | 1 | $0 |
| NICK CHOKSI 20970 TURNBERRY BLVD, NORTHVILLE, MI 48167 | SECRETARY/DIRECTOR | 1 | $0 |
| KRIS MORRIS 20970 TURNBERRY BLVD, NORTHVILLE, MI 48167 | TREASURER | 1 | $0 |
990-PF for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN CHOKSI 20970 TURNBERRY BLVD, NORTHVILLE, MI 48167 | PRESIDENT/TREAS./DIRECTOR | 1 | $0 |
| NICK CHOKSI 20970 TURNBERRY BLVD, NORTHVILLE, MI 48167 | SECRETARY/DIRECTOR | 1 | $0 |
| CYNTHIA CHOKSI 20970 TURNBERRY BLVD, NORTHVILLE, MI 48167 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 20970 TURNBERRY BLVD, NORTHVILLE, MI 48167-2197
- In care of
- % KEVIN CHOKSI
- Signed the 990-PF
- KEVIN CHOKSI, PRESIDENT
- Phone
- (248) 390-4738
- Return prepared by
- PLANTE & MORAN 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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 84-4064450
- 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
- 2020
- Accounting year ends
- June
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $7,789,112
- Income (IRS master file)
- $5,940,753
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $3,749,056 | $38,361 | $7,789,112 | XML |
| 990-PF | June 2024 | $2,731,914 | $143,902 | $5,147,053 | XML |
| 990-PF | June 2023 | – | – | – | IRS |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | 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 84-4064450).
Questions about CHOKSI FAMILY FOUNDATION
- What is the EIN of CHOKSI FAMILY FOUNDATION?
- The employer identification number (EIN) of CHOKSI FAMILY FOUNDATION is 84-4064450.
- Is CHOKSI FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to CHOKSI FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CHOKSI FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CHOKSI FAMILY FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHOKSI FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of CHOKSI FAMILY FOUNDATION?
- The 990-PF for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does CHOKSI FAMILY FOUNDATION have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $3,749,056, expenses of $38,361 and total assets of $7,789,112 at year end.
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