Nonprofit · EIN 87-3015324
KOUSHIK FOUNDATION
Tax-exempt · NEW ALBANY, OH 43054
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $40,498 | $53,787 | -$13,289 | $412,143 | $0 | $412,143 |
| December 31, 2024 | 990-PF | $29,907 | $58,647 | -$28,740 | $425,432 | $0 | $425,432 |
| December 31, 2023 | 990-PF | $21,608 | $32,886 | -$11,278 | $454,154 | $0 | $454,154 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $7,792
- Interest
- $206
- Other income
- $32,500
Expenses
- Grants and similar amounts paid
- $50,002
- Disbursements for charitable purposes
- $53,787
- Excise tax on investment income
- $510
Balance sheet and other
- Total assets, start of year
- $425,432
- Total assets, end of year
- $412,143
- Total liabilities, end of year
- $0
- Net assets, end of year
- $412,143
- Fair market value of assets
- $505,920
- Qualifying distributions
- $53,787
- Net investment income
- $40,498
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Shobha Koushik 7465 Lambton Park Rd, New Albany, OH 43054 | Trustee | 2 | $0 |
| Srinivas Koushik 7465 Lambton Park Rd, New Albany, OH 43054 | Trustee | 2 | $0 |
| Sheena Patterson 7465 Lambton Park Rd, New Albany, OH 43054 | Trustee | 2 | $0 |
| Shreya Koushik 7465 Lambton Park Rd, New Albany, OH 43054 | Trustee | 2 | $0 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Shobha Koushik 7465 Lambton Park Rd, New Albany, OH 43054 | Trustee | 2 | $0 |
| Srinivas Koushik 7465 Lambton Park Rd, New Albany, OH 43054 | Trustee | 2 | $0 |
| Sheena Patterson 7465 Lambton Park Rd, New Albany, OH 43054 | Trustee | 2 | $0 |
| Shreya Koushik 7465 Lambton Park Rd, New Albany, OH 43054 | Trustee | 2 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Shobha Koushik 7465 Lambton Park Rd, New Albany, OH 43054 | Trustee | 2 | $0 |
| Srinivas Koushik 7465 Lambton Park Rd, New Albany, OH 43054 | Trustee | 2 | $0 |
| Sheena Patterson 7465 Lambton Park Rd, New Albany, OH 43054 | Trustee | 2 | $0 |
| Shreya Koushik 7465 Lambton Park Rd, New Albany, OH 43054 | Trustee | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 7465 LAMBTON PARK RD, NEW ALBANY, OH 43054-8512
- Signed the 990-PF
- Shobha Koushik, Trustee
- Phone
- (614) 441-5918
- Return prepared by
- PAPPAS GIBSON LLC
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 87-3015324
- 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
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $412,143
- Income (IRS master file)
- $40,498
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $40,498 | $53,787 | $412,143 | XML |
| 990-PF | December 2024 | $29,907 | $58,647 | $425,432 | XML |
| 990-PF | December 2023 | $21,608 | $32,886 | $454,154 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 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 87-3015324).
Questions about KOUSHIK FOUNDATION
- What is the EIN of KOUSHIK FOUNDATION?
- The employer identification number (EIN) of KOUSHIK FOUNDATION is 87-3015324.
- Is KOUSHIK FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to KOUSHIK FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does KOUSHIK FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KOUSHIK FOUNDATION 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 KOUSHIK FOUNDATION 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 KOUSHIK FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does KOUSHIK FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $40,498, expenses of $53,787 and total assets of $412,143 at year end.
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