Nonprofit · EIN 86-2596055
GX FOUNDATION INC
Tax-exempt · DECATUR, GA 30033
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $2,289,030 | $15,485 | $2,273,545 | $19,631,019 | $0 | $19,631,019 |
| December 31, 2024 | 990-PF | $455,812 | $1,070,543 | -$614,731 | $14,592,027 | $0 | $14,592,027 |
| December 31, 2023 | 990-PF | $140,095 | $855,567 | -$715,472 | $22,216,394 | $0 | $22,216,394 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,000,000
- Dividends
- $155,546
- Interest
- $133,484
Expenses
- Grants and similar amounts paid
- $0
- Disbursements for charitable purposes
- $863,000
Balance sheet and other
- Total assets, start of year
- $12,449,169
- Total assets, end of year
- $19,631,019
- Total liabilities, end of year
- $0
- Net assets, end of year
- $19,631,019
- Fair market value of assets
- $19,631,019
- Qualifying distributions
- $863,000
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PRAVEEN GHANTA 1434 Lavista Dr, Decatur, GA 30033 | Director | 0 | $0 |
| SIREESHA C GHANTA 1434 Lavista Dr, Decatur, GA 30033 | Executive Director | 0 | $0 |
| GURU P GHANTA 1434 Lavista Dr, Decatur, GA 30033 | Director | 0 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PRAVEEN GHANTA 1434 Lavista Dr, Decatur, GA 30033 | Director | 0 | $0 |
| SIREESHA C GHANTA 1434 Lavista Dr, Decatur, GA 30033 | Executive Director | 0 | $0 |
| GURU P GHANTA 1434 Lavista Dr, Decatur, GA 30033 | Director | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PRAVEEN GHANTA 1434 Lavista Dr, Decatur, GA 30033 | Director | 0 | $0 |
| SIREESHA C GHANTA 1434 Lavista Dr, Decatur, GA 30033 | Executive Director | 0 | $0 |
| GURU P GHANTA 1434 Lavista Dr, Decatur, GA 30033 | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1434 LAVISTA DR, DECATUR, GA 30033-2114
- In care of
- % PRAVEEN GHANTA
- Signed the 990-PF
- PRAVEEN GHANTA, Director
- Phone
- (404) 217-0751
- Website
- httpswww.gxff.org
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 | 990-PF 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
- 86-2596055
- 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 (T22)
- Assets (IRS master file)
- $19,631,019
- Income (IRS master file)
- $2,289,030
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $2,289,030 | $15,485 | $19,631,019 | IRS |
| 990-PF | December 2024 | $455,812 | $1,070,543 | $14,592,027 | IRS |
| 990-PF | December 2023 | $140,095 | $855,567 | $22,216,394 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 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 86-2596055).
Questions about GX FOUNDATION INC
- What is the EIN of GX FOUNDATION INC?
- The employer identification number (EIN) of GX FOUNDATION INC is 86-2596055.
- Is GX FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to GX FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GX FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GX FOUNDATION 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 GX FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of GX FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does GX FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $2,289,030, expenses of $15,485 and total assets of $19,631,019 at year end.
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