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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 22-2566842

SARASWAT FOUNDATION INC

Tax-exempt · JAMISON, PA 18929

Financials

$93K$96K2023$131K$94K2024$122K$92K2025
Revenue Expenses · by fiscal year end
Financials of SARASWAT FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$121,655$92,407$29,248$315,428$0$315,428
December 31, 2024990-EZ$131,191$94,177$37,014$286,180$0$286,180
December 31, 2023990-EZ$92,736$96,465-$3,729$249,166$0$249,166
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$112,521
Program service revenue
$0
Investment income
$9,416
Net income from fundraising events
-$282
Other revenue
$0

Expenses

Grants and similar amounts paid
$90,500
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fees and payments to contractors
$1,000
Other expenses
$907

Balance sheet and other

Total assets, start of year
$286,180
Total assets, end of year
$315,428
Total liabilities, end of year
$0
Net assets, end of year
$315,428
Cash, savings and investments
$315,428
Gross receipts
$124,248

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.

NameTitleHours / weekCompensation
Ashvin HosagadiPresident3$0
Sandeep DhareshwarVice President3$0
Gayathri BantwalSecretary3$0
Chaitanya BijoorTreasurer2$0
990-EZ for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
Ashvin HosagadiPresident3$0
Sandeep DhareshwarVice President3$0
Gayathri BantwalSecretary3$0
Chaitanya BijoorTreasurer2$0
990-EZ for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Ashvin HosagadiPresident3$0
Sandeep DhareshwarVice President3$0
Gayathri BantwalSecretary3$0
Chaitanya BijoorTreasurer2$0

Address and contacts

Address (IRS master file)
1539 SPRUCE CT, JAMISON, PA 18929-1742
Signed the 990-EZ
Ashvin Hosangadi, President
Phone
(267) 337-3062

Mission

Our mission is to support, empower and advance grassroots organizations dedicated to community development by providing financial support and promotion. We strive to fund initiatives related to education, health, senior citizens, differently abled individuals, social welfare, and cultural enrichment, without any discrimination based on caste, creed, religion, or race.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • Ten Charitable organizations were supported in India during 2025: Organization Support Amount (USD) Punyatma Prabhakar Sharma Seva Mandal $6000, Swami Parijnanashram School for Handicapped $10000, CSERS $8000, Disha Charitable Trust $9000, Canara Union $8000, Shri Chitrapur Math $3000, Kanara Saraswat Association $8,000, Central Society for Education of Deaf $15000, Chetana Apangamati Vikas Sansthan $15500, Soulfree Trust $8000
    grants $90,500

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, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2026 990-EZ for SARASWAT FOUNDATION INC

Due May 17, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
22-2566842
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
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$315,428
Income (IRS master file)
$124,248

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$121,655$92,407$315,428XML
990-EZDecember 2024$131,191$94,177$286,180XML
990-EZDecember 2023$92,736$96,465$249,166XML
990December 2022$199,959$39,768$260,759IRS
990-EZDecember 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 22-2566842).

Questions about SARASWAT FOUNDATION INC

What is the EIN of SARASWAT FOUNDATION INC?
The employer identification number (EIN) of SARASWAT FOUNDATION INC is 22-2566842.
Is SARASWAT FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to SARASWAT FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SARASWAT FOUNDATION 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 SARASWAT 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 SARASWAT FOUNDATION 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 are the officers and directors of SARASWAT FOUNDATION INC?
The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does SARASWAT FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $121,655, expenses of $92,407 and total assets of $315,428 at year end.

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