Nonprofit · EIN 98-1139364
FOUNDATION FOR PROMOTION OF SPORTS AND GAMES
Tax-exempt · LOS GATOS, CA 95032
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2026 | 990 | $1,413,554 | $336,090 | $1,077,464 | $2,742,499 | $0 | $2,742,499 |
| March 31, 2025 | 990 | $736,162 | $380,345 | $355,817 | $1,628,289 | $0 | $1,628,289 |
| March 31, 2024 | 990 | $812,707 | $392,686 | $420,021 | $1,247,534 | $0 | $1,247,534 |
| March 31, 2023 | 990 | $540,178 | $455,435 | $84,743 | $777,584 | $0 | $777,584 |
Financial details: 990 for the year ended March 31, 2026
Revenue
- Contributions, gifts and grants
- $1,412,006
- Program service revenue
- $0
- Investment income
- $1,548
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $250,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Travel
- $3,750
- Program services (functional)
- $336,090
Balance sheet and other
- Total assets, start of year
- $1,628,289
- Total assets, end of year
- $2,742,499
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,742,499
- Net assets without donor restrictions
- $2,742,499
- Gross receipts
- $1,413,554
- Employees
- 0
- Year formed
- 2013
- 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 March 31, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NEERAJ BHARADWAJ | Director Trustee or director | 0 | $0 |
| DIPAK BASU | Director Trustee or director, Officer | 2 | $0 |
| NEERAJ ARORA | Director Trustee or director | 0 | $0 |
| RAHUL MEHTA | Director Trustee or director | 0 | $0 |
| RAM PARAMESWARAN | Director Trustee or director | 0 | $0 |
| ANU HARIHARAN | Director Trustee or director | 0 | $0 |
| VISWANATHAN ANAND | Director Trustee or director | 0 | $0 |
990 for the year ended March 31, 2025: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Geet Sethi | Director Trustee or director | 2 | $0 |
| PRAKASH PADUKONE | Director Trustee or director | 2 | $0 |
| VIREN RASQUINHA | Director Trustee or director, Officer | 2 | $0 |
| NEERAJ BHARADWAJ | Director Trustee or director | 2 | $0 |
| DIPAK BASU | Director Trustee or director, Officer | 2 | $0 |
| NEERAJ ARORA | Director Trustee or director | 2 | $0 |
| RAHUL MEHTA | Director Trustee or director | 2 | $0 |
| RAM PARAMESWARAN | Director Trustee or director | 2 | $0 |
| ANU HARIHARAN | Director Trustee or director | 2 | $0 |
| VISWANATHAN ANAND | Director Trustee or director | 2 | $0 |
990 for the year ended March 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEET SETHI | DIRECTOR Trustee or director | 2 | $0 |
| PRAKASH PADUKONE | DIRECTOR Trustee or director | 2 | $0 |
| VIREN RASQUINHA | DIRECTOR & CEO Trustee or director, Officer | 2 | $0 |
| NEERAJ BHARADWAJ | DIRECTOR Trustee or director | 2 | $0 |
| DIPAK BASU | DIRECTOR & SECRETARY Trustee or director, Officer | 2 | $0 |
| NEERAJ ARORA | DIRECTOR Trustee or director | 2 | $0 |
| RAHUL MEHTA | DIRECTOR Trustee or director | 2 | $0 |
| RAM PARAMESWARAN | DIRECTOR Trustee or director | 2 | $0 |
| ANU HARIHARAN | DIRECTOR Trustee or director | 2 | $0 |
| VISWANATHAN ANAND | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended March 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEET SETHI | DIRECTOR Trustee or director | 2 | $0 |
| PRAKASH PADUKONE | DIRECTOR Trustee or director | 2 | $0 |
| VIREN RASQUINHA | DIRECTOR & CEO Trustee or director, Officer | 2 | $0 |
| NEERAJ BHARADWAJ | DIRECTOR Trustee or director | 2 | $0 |
| DIPAK BASU | DIRECTOR & SECRETARY Trustee or director, Officer | 2 | $0 |
| NEERAJ ARORA | DIRECTOR Trustee or director | 2 | $0 |
| RAHUL MEHTA | DIRECTOR Trustee or director | 2 | $0 |
| RAM PARAMESWARAN | DIRECTOR Trustee or director | 2 | $0 |
| ANU HARIHARAN | DIRECTOR Trustee or director | 2 | $0 |
| VISWANATHAN ANAND | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 15466 LOS GATOS BLVD STE 109-333, LOS GATOS, CA 95032-2550
- In care of
- % DIPAK BASU
- Signed the 990
- DIPAK BASU, Director & Secretary
- Phone
- (408) 867-2320
- Website
- WWW.OLYMPICGOLDQUEST.IN
- Return prepared by
- CHUGH CPAS LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 98-1139364 or by the name FOUNDATION FOR PROMOTION OF SPORTS AND GAMES.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO HELP PROMOTE SPORTS AND GAMES
Program accomplishments
- SUPPORTING ATHLETES WITH POTENTIALS TO WIN OLYMPIC GOLD MEDALS BYCOACHES IN ORDER TO NURTURE THEM INTO HIGHLY COMPETETIVE PARTICIPANTSIN OLYMPIC GAMES. THE FOUNDATION ALSO PROVIDES FINANCIAL MEANS TO THEATHLETES TO COVER PROGRAM-RELATED EXPENSES SUCH AS, BUT NOT LIMITED TO,SPORTS EQUIPMENT, LODGING, TRAVELLING, APPLICATION FEES, AND ETC. THEFOUNDATION ALSO CONDUCTS PUBLIC EVENTS TO RAISE SPORT AWARENESS ANDEVENTUALLY, TO ATTRACT NEW POTENTIALS.Expenses $336,090 · grants $250,000 · revenue $1,413,554
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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | 990 on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 98-1139364
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N99)
- Assets (IRS master file)
- $2,742,499
- Income (IRS master file)
- $1,413,554
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2026 | $1,413,554 | $336,090 | $2,742,499 | XML |
| 990 | March 2025 | $736,162 | $380,345 | $1,628,289 | XML |
| 990 | March 2024 | $812,707 | $392,686 | $1,247,534 | XML |
| 990 | March 2023 | $540,178 | $455,435 | $777,584 | XML |
| 990 | March 2022 | $529,024 | $213,397 | $698,031 | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-EZ | December 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 98-1139364).
Questions about FOUNDATION FOR PROMOTION OF SPORTS AND GAMES
- What is the EIN of FOUNDATION FOR PROMOTION OF SPORTS AND GAMES?
- The employer identification number (EIN) of FOUNDATION FOR PROMOTION OF SPORTS AND GAMES is 98-1139364.
- Is FOUNDATION FOR PROMOTION OF SPORTS AND GAMES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to FOUNDATION FOR PROMOTION OF SPORTS AND GAMES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDATION FOR PROMOTION OF SPORTS AND GAMES 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 FOUNDATION FOR PROMOTION OF SPORTS AND GAMES due?
- The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FOUNDATION FOR PROMOTION OF SPORTS AND GAMES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2026.
- Who are the officers and directors of FOUNDATION FOR PROMOTION OF SPORTS AND GAMES?
- The 990 for the year ended March 31, 2026 lists 7 people; 0 received compensation from the organization.
- How much revenue does FOUNDATION FOR PROMOTION OF SPORTS AND GAMES have?
- On its 990 for the year ended March 31, 2026 it reported revenue of $1,413,554, expenses of $336,090 and total assets of $2,742,499 at year end.
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All nonprofits in LOS GATOS · California · Recreation and sports