Nonprofit · EIN 85-1110829
THE ADITI FOUNDATION
Tax-exempt · SIOUX FALLS, SD 57104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $5,600,055 | $7,080,452 | -$1,480,397 | $4,299,195 | $7,362,243 | -$3,063,048 |
| December 31, 2023 | 990-PF | $12,075,524 | $12,510,322 | -$434,798 | $203,542 | $1,786,193 | -$1,582,651 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,430,000
- Dividends
- $170,055
Expenses
- Grants and similar amounts paid
- $5,430,000
- Compensation of officers, directors and key employees
- $127,000
- Disbursements for charitable purposes
- $6,952,423
- Excise tax on investment income
- $2,363
Balance sheet and other
- Total assets, start of year
- $203,542
- Total assets, end of year
- $4,299,195
- Total liabilities, end of year
- $7,362,243
- Net assets, end of year
- -$3,063,048
- Fair market value of assets
- $4,299,164
- Qualifying distributions
- $6,952,423
- Net investment income
- $170,055
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 |
|---|---|---|---|
| LEE ROPER-BATKER 60 S 6TH STREET SUITE 1500, MINNEAPOLIS, MN 55402 | MANAGER | 15 | $75,000 |
| KEITH BAUM 60 S 6TH STREET SUITE 1500, MINNEAPOLIS, MN 55402 | MANAGER | 5 | $20,000 |
| WILLIAM BRODY 60 S 6TH STREET SUITE 1500, MINNEAPOLIS, MN 55402 | MANAGER | 5 | $20,000 |
| SOUTH DAKOTA TRUST COMPANY LLC 201 PHILLIPS AVENUE SUITE 200, SIOUX FALLS, ND 57104 | TRUSTEE | 1 | $12,000 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEE ROPER-BATKER 60 S 6TH STREET SUITE 1500, MINNEAPOLIS, MN 55402 | MANAGER | 11.5 | $75,000 |
| KEITH BAUM 60 S 6TH STREET SUITE 1500, MINNEAPOLIS, MN 55402 | MANAGER | 2 | $25,000 |
| WILLIAM BRODY 60 S 6TH STREET SUITE 1500, MINNEAPOLIS, MN 55402 | MANAGER | 1 | $16,667 |
| SOUTH DAKOTA TRUST COMPANY LLC 201 PHILLIPS AVENUE SUITE 200, SIOUX FALLS, ND 57104 | TRUSTEE | 1 | $12,000 |
Address and contacts
- Address (IRS master file)
- 201 S PHILLIPS AVE STE 200, SIOUX FALLS, SD 57104-6449
- In care of
- % SOUTH DAKOTA TRUST COMPANY LLC
- Signed the 990-PF
- SOUTH DAKOTA TRUST COMPANY LLC, TRUSTEE
- Phone
- (612) 492-7253
- Return prepared by
- CBIZ ADVISORS LLC
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
- 85-1110829
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $4,299,195
- Income (IRS master file)
- $5,600,055
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $5,600,055 | $7,080,452 | $4,299,195 | XML |
| 990-PF | December 2023 | $12,075,524 | $12,510,322 | $203,542 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 85-1110829).
Questions about THE ADITI FOUNDATION
- What is the EIN of THE ADITI FOUNDATION?
- The employer identification number (EIN) of THE ADITI FOUNDATION is 85-1110829.
- Is THE ADITI FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to THE ADITI FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE ADITI FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE ADITI 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 THE ADITI 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 THE ADITI FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 4 received compensation from the organization, the highest $75,000 (LEE ROPER-BATKER, MANAGER).
- How much revenue does THE ADITI FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,600,055, expenses of $7,080,452 and total assets of $4,299,195 at year end.
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All nonprofits in SIOUX FALLS · South Dakota · Philanthropy, voluntarism and grantmaking foundations