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Nonprofit · EIN 80-0016494

THE MURTHYNAYAK FOUNDATION INC

Tax-exempt · BALTIMORE, MD 21218

Financials

$232K$352K2023$226K$268K2024$1.1M$219K2025
Revenue Expenses · by fiscal year end
Financials of THE MURTHYNAYAK FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$1,106,422$218,513$887,909$7,846,089$0$7,846,089
December 31, 2024990-PF$226,322$268,001-$41,679$7,027,630$69,450$6,958,180
December 31, 2023990-PF$232,142$351,919-$119,777$7,000,209$350$6,999,859
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$850,000
Dividends
$256,422

Expenses

Grants and similar amounts paid
$215,500
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$215,595
Excise tax on investment income
$3,561

Balance sheet and other

Total assets, start of year
$7,027,630
Total assets, end of year
$7,846,089
Total liabilities, end of year
$0
Net assets, end of year
$7,846,089
Fair market value of assets
$7,027,447
Qualifying distributions
$215,595
Net investment income
$256,422

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.

NameTitleHours / weekCompensation
SHEELA MURTHY
13702 SAXON LAKE DRIVE, JACKSONVILLE, FL 32225
PRESIDENT1$0
VASANT NAYAK
13702 SAXON LAKE DRIVE, JACKSONVILLE, FL 32225
VICE PRESIDENT1$0
SHAY TAYLOR
4100 N CHARLES STREET 211, BALTIMORE, MD 21218
SECRETARY1$0
VIJAY NAYAK
ONE CAMP ROAD, REXFORD, NY 12148
TREASURER1$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
SHEELA MURTHY
13702 SAXON LAKE DRIVE, JACKSONVILLE, FL 32225
PRESIDENT1$0
VASANT NAYAK
13702 SAXON LAKE DRIVE, JACKSONVILLE, FL 32225
VICE PRESIDENT1$0
SHAY TAYLOR
4100 N CHARLES STREET 211, BALTIMORE, MD 21218
SECRETARY1$0
VIJAY NAYAK
ONE CAMP ROAD, REXFORD, NY 12148
TREASURER1$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
SHEELA MURTHY
11 COOL SPRING CT, LUTHERVILLE, MD 21093
PRESIDENT1$0
VASANT NAYAK
11 COOL SPRING CT, LUTHERVILLE, MD 21093
VICE PRESIDENT1$0
SHAY TAYLOR
4100 N CHARLES ST 211, BALTIMORE, MD 21218
SECRETARY1$0
VIJAY NAYAK
ONE CAMP ROAD, REXFORD, NY 12148
TREASURER1$0

Address and contacts

Address (IRS master file)
4100 N CHARLES ST APT 303, BALTIMORE, MD 21218-1058
In care of
% SHEELA MURTHY
Signed the 990-PF
SHEELA MURTHY, PRESIDENT
Phone
(443) 854-5837
Return prepared by
GORFINE SCHILLER & GARDYN PA

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
80-0016494
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
2002
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$7,846,089
Income (IRS master file)
$1,761,422

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$1,106,422$218,513$7,846,089IRS
990-PFDecember 2024$226,322$268,001$7,027,630XML
990-PFDecember 2023$232,142$351,919$7,000,209XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 80-0016494).

Questions about THE MURTHYNAYAK FOUNDATION INC

What is the EIN of THE MURTHYNAYAK FOUNDATION INC?
The employer identification number (EIN) of THE MURTHYNAYAK FOUNDATION INC is 80-0016494.
Is THE MURTHYNAYAK FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to THE MURTHYNAYAK FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE MURTHYNAYAK FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of THE MURTHYNAYAK 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 THE MURTHYNAYAK 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 THE MURTHYNAYAK FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does THE MURTHYNAYAK FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,106,422, expenses of $218,513 and total assets of $7,846,089 at year end.

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