Dr Prem Reddy Family Foundation

Victorville, CA
Tax exemption issued: Jan. 1992
EIN: 33-0486173

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Arts, Culture and Humanities / History Museums (NTEE)

Donations to this organization are tax deductible.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$1,348,129

Expenses

$934,049

Net Income

$414,080

Net Assets

$47,939,202

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$113,173	8.4%
Dividends	$725,624	53.8%
Sales of Assets	$408,488	30.3%
Other Income	$663	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$601,377	64.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$48,072,894
Total Liabilities	$133,692
Net Assets	$47,939,202

Compensation

Key Employees and Officers	Compensation	Other
Prem Reddy (President)	$0	$0
Kavitha Reddy Bhatia (Secretary)	$0	$0
Sunitha Reddy (Director)	$0	$0

990-PF

Filed on Sept. 8, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2023

Revenue

$1,531,925

Expenses

$1,457,028

Net Income

$74,897

Net Assets

$45,644,080

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$335,470	21.9%
Interest Revenue	$95,543	6.2%
Dividends	$718,400	46.9%
Sales of Assets	$318,873	20.8%
Other Income	$4,583	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$988,893	67.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$45,761,850
Total Liabilities	$117,770
Net Assets	$45,644,080

Compensation

Key Employees and Officers	Compensation	Other
Prem Reddy (President)	$0	$0
Kavitha Reddy Bhatia (Secretary)	$0	$0
Sunitha Reddy (Director)	$0	$0

990-PF

Filed on Nov. 14, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

Filed on Nov. 14, 2024

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2022

Revenue

-$57,940

Expenses

$11,520,196

Net Income

-$11,578,136

Net Assets

$43,164,115

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$750
Interest Revenue	$21,567
Dividends	$717,922
Sales of Assets	-$827,127
Other Income	$8,056

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$10,748,085	93.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$43,304,945
Total Liabilities	$140,830
Net Assets	$43,164,115

Compensation

Key Employees and Officers	Compensation	Other
Prem Reddy Md (President)	$0	$0
Kavitha Reddy Bhatia Md (Secretary)	$0	$0
Sunitha Reddy (Director)	$0	$0

990-PF

Filed on Nov. 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

View Filing (2 of 2) PDF (2 of 2)

990-T

Filed on Nov. 20, 2023

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$7,595,439

Expenses

$2,537,162

Net Income

$5,058,277

Net Assets

$59,625,430

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$650	0.0%
Interest Revenue	$4,978	0.1%
Dividends	$1,325,192	17.4%
Sales of Assets	$6,234,109	82.1%
Other Income	$139	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,946,677	76.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$59,640,803
Total Liabilities	$15,373
Net Assets	$59,625,430

Compensation

Key Employees and Officers	Compensation	Other
Prem Reddy Md (President And Director)	$0	$0
Kavitha Reddy Bhatia Md (Secretary/cfo And Director)	$0	$0
Sunitha Reddy (Director)	$0	$0

990-PF

Filed on Nov. 11, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

Filed on Nov. 11, 2022

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$4,738,269

Expenses

$3,911,050

Net Income

$827,219

Net Assets

$56,798,147

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$100	0.0%
Interest Revenue	$7,582	0.2%
Dividends	$623,200	13.2%
Sales of Assets	$4,059,083	85.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,358,895	85.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$56,798,427
Total Liabilities	$280
Net Assets	$56,798,147

Compensation

Key Employees and Officers	Compensation	Other
Prem Reddy Md (President And Director)	$0	$0
Kavitha Reddy Bhatia Md (Secretary/cfo And Director)	$0	$0
Sunitha Reddy (Director)	$0	$0

990-PF

Filed on Nov. 12, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

Filed on Nov. 12, 2021

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2019

Revenue

$961,314

Expenses

$1,655,471

Net Income

-$694,157

Net Assets

$53,939,657

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$150	0.0%
Interest Revenue	$9,735	1.0%
Dividends	$926,738	96.4%
Sales of Assets	$0
Other Income	$18,930	2.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,255,843	75.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$53,939,937
Total Liabilities	$280
Net Assets	$53,939,657

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2018

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$1,405,357

Expenses

$3,647,074

Net Income

-$2,241,717

Net Assets

$70,285,177

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$120,511	8.6%
Interest Revenue	$102,608	7.3%
Dividends	$723,230	51.5%
Sales of Assets	$399,189	28.4%
Other Income	$18,382	1.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,759,638	75.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$70,286,133
Total Liabilities	$956
Net Assets	$70,285,177

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$6,504,108

Expenses

$3,589,929

Net Income

$2,914,179

Net Assets

$72,287,054

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,000,486	76.9%
Interest Revenue	$85,307	1.3%
Dividends	$759,015	11.7%
Sales of Assets	$602,488	9.3%
Other Income	$21,505	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,889,832	80.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$72,294,449
Total Liabilities	$7,395
Net Assets	$72,287,054

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$6,198,653

Expenses

$5,943,359

Net Income

$255,294

Net Assets

$69,803,092

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,008,560	80.8%
Interest Revenue	$117,952	1.9%
Dividends	$551,914	8.9%
Sales of Assets	$456,803	7.4%
Other Income	$22,720	0.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$5,247,279	88.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$69,803,764
Total Liabilities	$672
Net Assets	$69,803,092

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$1,351,581

Expenses

$5,171,687

Net Income

-$3,820,106

Net Assets

$72,003,247

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$7,034	0.5%
Interest Revenue	$230,795	17.1%
Dividends	$526,154	38.9%
Sales of Assets	$535,756	39.6%
Other Income	$20,644	1.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,505,485	87.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$72,003,777
Total Liabilities	$530
Net Assets	$72,003,247

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$782,929

Expenses

$3,597,383

Net Income

-$2,814,454

Net Assets

$81,760,988

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$12,100	1.5%
Interest Revenue	$206,282	26.3%
Dividends	$447,258	57.1%
Sales of Assets	$41,705	5.3%
Other Income	$32,564	4.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,951,663	82.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$81,761,428
Total Liabilities	$440
Net Assets	$81,760,988

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2003

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2002

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2001

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Most organizations that have been recognized as tax exempt by the IRS have to file the Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file the Form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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Raw filing data. Includes Employer Identification Numbers and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Dr Prem Reddy Family Foundation

Organization summary

Type of Nonprofit

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2018

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2017

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2016

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001