Nonprofit · EIN 77-6141976
SANKARA EYE FOUNDATION USA
Also known as MURALIDHARAN K TTEE
Tax-exempt · MILPITAS, CA 95035
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $12,542,795 | $11,812,217 | $730,578 | $8,682,861 | $577,578 | $8,105,283 |
| December 31, 2023 | 990 | $10,511,538 | $12,591,438 | -$2,079,900 | $8,000,371 | $624,109 | $7,376,262 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $12,845,001
- Program service revenue
- $0
- Investment income
- $306,655
- Net gain from sales of assets
- -$8,204
- Net income from fundraising events
- -$608,861
- Other revenue
- -$608,861
Expenses
- Grants and similar amounts paid
- $9,807,887
- Compensation of officers, directors and key employees
- $272,297
- Other salaries and wages
- $176,800
- Salaries, compensation and benefits (total)
- $515,039
- Professional fundraising fees
- $0
- Legal fees
- $22,678
- Accounting fees
- $67,079
- Occupancy
- $89,811
- Travel
- $35,428
- Depreciation
- $603
- Program services (functional)
- $10,235,158
- Management and general (functional)
- $936,244
- Fundraising (functional)
- $640,815
Balance sheet and other
- Total assets, start of year
- $8,000,371
- Total assets, end of year
- $8,682,861
- Total liabilities, end of year
- $577,578
- Net assets, end of year
- $8,105,283
- Land, buildings and equipment
- $1,207
- Net assets without donor restrictions
- $2,788,615
- Net assets with donor restrictions
- $5,316,668
- Gross receipts
- $20,559,860
- Employees
- 4
- Volunteers
- 200
- Year formed
- 1998
- State of legal domicile
- CA
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KRISHNAMURTHY MURALIDHARAN | CEO/EXECUTIVE CHAIRMAN Officer | 40 | $132,000 | $5,610 |
| GEETA KUMAR | DIRECTOR, DONOR RELATIONS Highest-paid employee | 40 | $134,834 | $0 |
| DIVYOGI PATEL | COO/DIRECTOR Trustee or director, Officer | 40 | $132,000 | $2,687 |
| K SRIDHARAN | PRESIDENT/SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| PADMA PARTHASARATHY | CFO/TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| SUNDAR RADHAKRISHNAN | DIRECTOR Trustee or director | 3 | $0 | $0 |
| VENKAT MADDIPATI | DIRECTOR Trustee or director | 3 | $0 | $0 |
| ANJUBEN DESAI | DIRECTOR Trustee or director | 3 | $0 | $0 |
| SUMANTH RAJAGOPAL | DIRECTOR Trustee or director | 3 | $0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KRISHNAMURTHY MURALIDHARAN | CEO/EXECUTIVE CHAIRMAN Officer | 40 | $132,000 | $4,233 |
| DIVYOGI PATEL | COO/DIRECTOR Trustee or director, Officer | 40 | $66,000 | $4,332 |
| K SRIDHARAN | PRESIDENT/SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| PADMA PARTHASARATHY | CFO/TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| SUNDAR RADHAKRISHNAN | DIRECTOR Trustee or director | 3 | $0 | $0 |
| VENKAT MADDIPATI | DIRECTOR Trustee or director | 3 | $0 | $0 |
| ANJUBEN DESAI | DIRECTOR Trustee or director | 3 | $0 | $0 |
| SUMANTH RAJAGOPAL | DIRECTOR Trustee or director | 3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1900 MCCARTHY BLVD STE 207, MILPITAS, CA 95035-7414
- Principal officer (990 for 2024)
- K MURALIDHARAN, 1900 MCCARTHY BLVD 207, MILPITAS, CA 95035
- Signed the 990
- K MURALIDHARAN, EXECUTIVE CHAIRMAN
- Phone
- (866) 726-5272
- Website
- GIFTOFVISION.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
California records
California keeps its own records of charities and corporations. Search them by EIN 77-6141976 or by the name SANKARA EYE FOUNDATION USA.
- 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
TO WORK TOWARDS ERADICATING CURABLE BLINDNESS ALL OVER INDIA. OUR KEY PROGRAM IS VISION 20/20 - WITH THE GOAL OF PERFORMING 500,000 FREE SURGERIES PER YEAR THROUGHOUT INDIA. WE HAVE BEEN PRIMARILY PARTNERING WITH SANKARA EYE FOUNDATION IN INDIA IN OUR MISSION AND JOINTLY HAVE ESTABLISHED 9 HOSPITALS IN 7 STATES. THESE EFFORTS HAVE PROVIDED FOR OVER 160,000 FREE EYE SURGERIES ANNUALLY FOR THE RURAL POOR - MAKING IT AMONG THE LARGEST FREE EYE CARE PROVIDERS IN THE WORLD.
Program accomplishments
- PROVIDING FINANCIAL SUPPORT TO SEF, INDIA TO BUILD SUPER SPECIALITY EYE CARE HOSPITALS ACROSS DIFFERENT STATES IN INDIA.Expenses $5,492,577 · grants $5,294,605
- GENERAL SURGERIES FUND FOR PROVIDING EYE CARE BY PROVIDING FINANCIAL SUPPORT TO SEF INDIA, VISION INDIA FOUNDATION AND VISION FOUNDATION OF INDIA.Expenses $4,742,581 · grants $4,513,282
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 77-6141976
- 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
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E35I)
- Assets (IRS master file)
- $8,682,861
- Income (IRS master file)
- $20,559,860
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $12,542,795 | $11,812,217 | $8,682,861 | XML |
| 990 | December 2023 | $10,511,538 | $12,591,438 | $8,000,371 | XML |
| 990 | December 2022 | $9,778,681 | $9,709,857 | $9,576,211 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 77-6141976).
Questions about SANKARA EYE FOUNDATION USA
- What is the EIN of SANKARA EYE FOUNDATION USA?
- The employer identification number (EIN) of SANKARA EYE FOUNDATION USA is 77-6141976.
- Is SANKARA EYE FOUNDATION USA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to SANKARA EYE FOUNDATION USA tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SANKARA EYE FOUNDATION USA 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 SANKARA EYE FOUNDATION USA 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 SANKARA EYE FOUNDATION USA last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SANKARA EYE FOUNDATION USA?
- The 990 for the year ended December 31, 2024 names K MURALIDHARAN.
- Who are the officers and directors of SANKARA EYE FOUNDATION USA?
- The 990 for the year ended December 31, 2024 lists 9 people; 3 received compensation from the organization, the highest $132,000 (KRISHNAMURTHY MURALIDHARAN, CEO/EXECUTIVE CHAIRMAN).
- How much revenue does SANKARA EYE FOUNDATION USA have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $12,542,795, expenses of $11,812,217 and total assets of $8,682,861 at year end.
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