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Nonprofit · EIN 86-2549846

RAM & MITHLESH GUPTA FAMILY FOUNDATION INC

Tax-exempt · CARLISLE, MA 01741

Financials

$353K$150K2022$141K$87K2023$218K$75K2024
Revenue Expenses · by fiscal year end
Financials of RAM & MITHLESH GUPTA FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$217,565$75,450$142,115$0$0$0
December 31, 2023990-PF$141,001$86,561$54,440$244,701$0$0
December 31, 2022990-PF$352,700$150,100$202,600$205,309$0$205,309
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$158,991
Net gain from sales of assets
$58,574

Expenses

Grants and similar amounts paid
$75,100
Disbursements for charitable purposes
$75,100
Excise tax on investment income
$70

Balance sheet and other

Total assets, start of year
$244,701
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets, end of year
$0
Fair market value of assets
$374,990
Qualifying distributions
$75,100
Net investment income
$5,014

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
RAM GUPTA
71 OVERLOOK DR, Carlisle, MA 01741
PRESIDENT0$0
MITHLESH GUPTA
71 OVERLOOK DR, Carlisle, MA 01741
VICE PRESIDENT0$0
NITIN GUPTA
33 RIDGE ST, ARLINGTON, MA 02474
DIRECTOR0$0
SHELLEY CHHABRA
12 FOX MEADOW LANE, Arlington, MA 02474
DIRECTOR0$0
SACHIN GUPTA
801 THORNTON ST, Minneapolis, MN 55414
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
RAM GUPTA
71 OVERLOOK DR, Carlisle, MA 01741
PRESIDENT4$0
MITHLESH GUPTA
71 OVERLOOK DR, Carlisle, MA 01741
VICE PRESIDENT1$0
NITIN GUPTA
33 RIDGE ST, ARLINGTON, MA 02474
DIRECTOR1$0
SHELLEY CHHABRA
12 FOX MEADOW LANE, Arlington, MA 02474
DIRECTOR1$0
SACHIN GUPTA
801 THORNTON ST, Minneapolis, MN 55414
DIRECTOR1$0
990-PF for the year ended December 31, 2022: 5 people
NameTitleHours / weekCompensation
RAM GUPTA
71 OVERLOOK DR, Carlisle, MA 01741
PRESIDENT4$0
MITHLESH GUPTA
71 OVERLOOK DR, Carlisle, MA 01741
VICE PRESIDENT1$0
NITIN GUPTA
24 SWAN PLACE, ARLINGTON, MA 02474
DIRECTOR1$0
SHELLEY CHHABRA
14 BRATTLE LANE, Arlington, MA 02474
DIRECTOR1$0
SACHIN GUPTA
801 THORNTON ST, Minneapolis, MN 55414
DIRECTOR1$0

Address and contacts

Address (IRS master file)
71 OVERLOOK DR, CARLISLE, MA 01741-1247
Signed the 990-PF
RAM GUPTA, PRESIDENT
Phone
(978) 621-5411
Return prepared by
HRB TAX GROUP INC

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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
86-2549846
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
2022
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1
Income (IRS master file)
$158,991

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$217,565$75,450$0IRS
990-PFDecember 2023$141,001$86,561$244,701XML
990-PFDecember 2022$352,700$150,100$205,309XML
990-PFDecember 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 86-2549846).

Questions about RAM & MITHLESH GUPTA FAMILY FOUNDATION INC

What is the EIN of RAM & MITHLESH GUPTA FAMILY FOUNDATION INC?
The employer identification number (EIN) of RAM & MITHLESH GUPTA FAMILY FOUNDATION INC is 86-2549846.
Is RAM & MITHLESH GUPTA FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to RAM & MITHLESH GUPTA FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does RAM & MITHLESH GUPTA FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of RAM & MITHLESH GUPTA FAMILY FOUNDATION INC 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 RAM & MITHLESH GUPTA FAMILY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of RAM & MITHLESH GUPTA FAMILY FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does RAM & MITHLESH GUPTA FAMILY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $217,565, expenses of $75,450 and total assets of $0 at year end.

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