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Nonprofit · EIN 77-6141976

SANKARA EYE FOUNDATION USA

Also known as MURALIDHARAN K TTEE

Tax-exempt · MILPITAS, CA 95035

Financials

$10.5M$12.6M2023$12.5M$11.8M2024
Revenue Expenses · by fiscal year end
Financials of SANKARA EYE FOUNDATION USA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$12,542,795$11,812,217$730,578$8,682,861$577,578$8,105,283
December 31, 2023990$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.

NameTitleHours / weekCompensationOther / benefits
KRISHNAMURTHY MURALIDHARANCEO/EXECUTIVE CHAIRMAN
Officer
40$132,000$5,610
GEETA KUMARDIRECTOR, DONOR RELATIONS
Highest-paid employee
40$134,834$0
DIVYOGI PATELCOO/DIRECTOR
Trustee or director, Officer
40$132,000$2,687
K SRIDHARANPRESIDENT/SECRETARY
Trustee or director, Officer
3$0$0
PADMA PARTHASARATHYCFO/TREASURER
Trustee or director, Officer
3$0$0
SUNDAR RADHAKRISHNANDIRECTOR
Trustee or director
3$0$0
VENKAT MADDIPATIDIRECTOR
Trustee or director
3$0$0
ANJUBEN DESAIDIRECTOR
Trustee or director
3$0$0
SUMANTH RAJAGOPALDIRECTOR
Trustee or director
3$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
KRISHNAMURTHY MURALIDHARANCEO/EXECUTIVE CHAIRMAN
Officer
40$132,000$4,233
DIVYOGI PATELCOO/DIRECTOR
Trustee or director, Officer
40$66,000$4,332
K SRIDHARANPRESIDENT/SECRETARY
Trustee or director, Officer
3$0$0
PADMA PARTHASARATHYCFO/TREASURER
Trustee or director, Officer
3$0$0
SUNDAR RADHAKRISHNANDIRECTOR
Trustee or director
3$0$0
VENKAT MADDIPATIDIRECTOR
Trustee or director
3$0$0
ANJUBEN DESAIDIRECTOR
Trustee or director
3$0$0
SUMANTH RAJAGOPALDIRECTOR
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
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)

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.

990 for the year ended December 31, 2024

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990December 2024$12,542,795$11,812,217$8,682,861XML
990December 2023$10,511,538$12,591,438$8,000,371XML
990December 2022$9,778,681$9,709,857$9,576,211IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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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