Nonprofit · EIN 87-1544145
SKY IS THE LIMIT INC
Tax-exempt · PALO ALTO, CA 94306
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $128,900 | $85,000 | $43,900 | $43,900 | $0 | $43,900 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $128,900
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $65,000
- Other expenses
- $20,000
- Program services (functional)
- $85,000
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $43,900
- Total liabilities, end of year
- $0
- Net assets, end of year
- $43,900
- Cash, savings and investments
- $43,900
- Gross receipts
- $128,900
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sumita Debata | President | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 4183 PARK BOULEVARD UNIT A, PALO ALTO, CA 94306-4140
- In care of
- % SUMITA DEBATA
- Mailing address (990-N for 2024)
- 4183 PARK BOULEVARD UNIT A, PALO ALTO CA 943064140
- Principal officer (990-N for 2024)
- Sumita Debata, 4183 Unit A Park Blvd, PALO ALTO CA 94306
- Signed the 990-EZ
- Sumita Debata, 0
- Phone
- (000) 000-0000
California records
California keeps its own records of charities and corporations. Search them by EIN 87-1544145 or by the name SKY IS THE LIMIT INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
Sky is the Limit Inc is organized and operated exclusively for charitable and educational purposes with a focus on expanding equitable access to STEM education The organization provides students with hands-on learning opportunities digital tools and educational resources in science technology engineering and mathematics Programs include development and delivery of STEM learning platforms student workshops science fair participation and access to educational materials and technology The organization prioritizes underserved and underrepresented students and aims to reduce barriers to STEM learning through community-based and digital initiatives
Program accomplishments
- Developed and deployed a digital STEM education platform that provides students with access to interactive learning content quizzes and educational resources The platform supports self-paced learning in science and technology subjects and is accessible online to broaden reach Development included software tools infrastructure and educational content creationExpenses $65,000
- Conducted STEM outreach activities including student workshops science fair participation and distribution of educational materials Provided equipment such as laptops and robotics kits to support student learning Supported participation in STEM events and conferences to encourage student engagement and exposure to real-world applications of science and technology -laptops -robotics kits - conference publication travel - science fair judgingExpenses $20,000
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-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 87-1544145
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $43,900
- Income (IRS master file)
- $128,900
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $128,900 | $85,000 | $43,900 | IRS |
| 990-N for 2024 Officer: Sumita Debata | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2023 Officer: Sumita Debata | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: Sumita Debata | December 31, 2022 | ≤ $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 87-1544145).
Questions about SKY IS THE LIMIT INC
- What is the EIN of SKY IS THE LIMIT INC?
- The employer identification number (EIN) of SKY IS THE LIMIT INC is 87-1544145.
- Is SKY IS THE LIMIT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to SKY IS THE LIMIT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SKY IS THE LIMIT 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 SKY IS THE LIMIT 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 SKY IS THE LIMIT INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of SKY IS THE LIMIT INC?
- The 990-N for 2024 names Sumita Debata.
- Who are the officers and directors of SKY IS THE LIMIT INC?
- The 990-EZ for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does SKY IS THE LIMIT INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $128,900, expenses of $85,000 and total assets of $43,900 at year end.
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