Nonprofit · EIN 87-1523173
MRKN FOUNDATION
Tax-exempt · GREAT FALLS, VA 22066
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $90,400 | $40,315 | $50,085 | $73,055 | $21,539 | $51,516 |
| December 31, 2023 | 990-EZ | $7,000 | $11,408 | -$4,408 | $6,431 | $5,000 | $1,431 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $90,400
Expenses
- Grants and similar amounts paid
- $36,991
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $1,500
- Other expenses
- $1,824
- Program services (functional)
- $3,324
Balance sheet and other
- Total assets, start of year
- $6,431
- Total assets, end of year
- $73,055
- Total liabilities, end of year
- $21,539
- Net assets, end of year
- $51,516
- Cash, savings and investments
- $23,055
- Gross receipts
- $90,400
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAJANI KOPPARAPU | President | 5 | $0 |
| MADHUSUDHAN KOPPARAPU | Secretary | 5 | $0 |
990-EZ for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAJANI KOPPARAPU | President | 5 | $0 |
| MADHUSUDHAN KOPPARAPU | Secretary | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 1100 LEIGH MILL RD, GREAT FALLS, VA 22066-2201
- Signed the 990-EZ
- RAJANI KOPPARAPU, President
- Phone
- (703) 732-5281
- Website
- mrknfoundation.org
- Return prepared by
- Desai & Shah PC CPAs
Mission
MAKE A DIFFERENCE THROUGH THE GIFT OF EDUCATION AND CHANGE THE STATUS OF A LESS FORTUNATE CHILD FROM UNDERPRIVILEGED STATUS TO PRIVILEGED STATUS. "LEAVE NO CHILD BEHIND FOR EDUCATION" IS THE UTMOST VISION EVENTUALLY.
Program accomplishments
- Of the 250 million children worldwide, who cannot read or write, MRKN Foundation has been working to alleviate this crisis.Expenses $3,324 · grants $36,991
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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 87-1523173
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $73,055
- Income (IRS master file)
- $90,400
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $90,400 | $40,315 | $73,055 | IRS |
| 990-EZ | December 2023 | $7,000 | $11,408 | $6,431 | XML |
| 990-EZ | December 2022 | – | – | – | 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 87-1523173).
Questions about MRKN FOUNDATION
- What is the EIN of MRKN FOUNDATION?
- The employer identification number (EIN) of MRKN FOUNDATION is 87-1523173.
- Is MRKN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to MRKN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MRKN FOUNDATION 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 MRKN FOUNDATION 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 MRKN FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of MRKN FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does MRKN FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $90,400, expenses of $40,315 and total assets of $73,055 at year end.
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