Skip to content
ProPublica Donate
ProPublica Donate

Lachimi Foundation

Organization summary

Type of Nonprofit

Designated as a 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: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$10.5M (2023)

Expenses
$10.1M (2023)

Total Assets
$16.1M (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

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. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$10,497,163
Expenses
$10,133,993
Net Income
$363,170
Net Assets
$16,113,769
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $10,000,000
95.3%
Interest Revenue $89,188
0.8%
Dividends $365,161
3.5%
Sales of Assets $42,814
0.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $10,000,000
98.7%
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 $16,113,769
Total Liabilities $0
Net Assets $16,113,769
Compensation
Key Employees and Officers Compensation Other
Madhava G Reddy (President) $0 $0
Sobha Reddy (Director) $0 $0
Teja Reddy (Director) $0 $0
Keshav Reddy (Director) $0 $0
Adarsh Reddy (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$5,373,069
Expenses
$7,114,845
Net Income
-$1,741,776
Net Assets
$15,703,396
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $5,000,000
93.1%
Interest Revenue $28,682
0.5%
Dividends $355,064
6.6%
Sales of Assets -$10,677
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $7,000,000
98.4%
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 $15,703,396
Total Liabilities $0
Net Assets $15,703,396
Compensation
Key Employees and Officers Compensation Other
Madhava G Reddy (President) $0 $0
Sobha Reddy (Director) $0 $0
Teja Reddy (Director) $0 $0
Keshav Reddy (Director) $0 $0
Adarsh Reddy (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,296,802
Expenses
$4,101,300
Net Income
$195,502
Net Assets
$18,145,848
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,533,429
35.7%
Interest Revenue $25,620
0.6%
Dividends $596,715
13.9%
Sales of Assets $2,141,038
49.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $4,000,000
97.5%
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 $18,145,848
Total Liabilities $0
Net Assets $18,145,848
Compensation
Key Employees and Officers Compensation Other
Madhava G Reddy (President) $0 $0
Sobha Reddy (Director) $0 $0
Teja Reddy (Director) $0 $0
Keshav Reddy (Director) $0 $0
Adarsh Reddy (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,917,320
Expenses
$5,101,102
Net Income
-$1,183,782
Net Assets
$17,796,816
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $2,921,742
74.6%
Interest Revenue $19,153
0.5%
Dividends $359,469
9.2%
Sales of Assets $616,956
15.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $5,010,000
98.2%
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 $17,796,817
Total Liabilities $1
Net Assets $17,796,816
Compensation
Key Employees and Officers Compensation Other
Madhava G Reddy (President) $0 $0
Sobha Reddy (Director) $0 $0
Narasimhachary Mudumby (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,964,366
Expenses
$1,599,961
Net Income
$2,364,405
Net Assets
$18,982,106
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $3,020,296
76.2%
Interest Revenue $53,758
1.4%
Dividends $346,994
8.8%
Sales of Assets $540,020
13.6%
Other Income $3,298
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,500,000
93.8%
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 $18,982,107
Total Liabilities $1
Net Assets $18,982,106
Compensation
Key Employees and Officers Compensation Other
Madhava G Reddy (President) $0 $0
Sobha Reddy (Director) $0 $0
Narasimhachary Mudumby (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,174,952
Expenses
$118,092
Net Income
$4,056,860
Net Assets
$16,543,627
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $3,671,460
87.9%
Interest Revenue $27,711
0.7%
Dividends $371,292
8.9%
Sales of Assets $99,095
2.4%
Other Income $5,394
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
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 $16,560,349
Total Liabilities $16,722
Net Assets $16,543,627
Compensation
Key Employees and Officers Compensation Other
Madhava G Reddy (President) $0 $0
Sobha Reddy (Director) $0 $0
Narasimhachary Mudumby (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,689,373
Expenses
$4,068,161
Net Income
$621,212
Net Assets
$12,529,785
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $3,691,602
78.7%
Interest Revenue $18,244
0.4%
Dividends $288,233
6.1%
Sales of Assets $687,203
14.7%
Other Income $4,091
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $4,000,000
98.3%
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 $12,546,507
Total Liabilities $16,722
Net Assets $12,529,785
Compensation
Key Employees and Officers Compensation Other
Madhava G Reddy (President) $0 $0
Sobha Reddy (Director) $0 $0
Narasimhachary Mudumby (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$6,225,417
Expenses
$5,096,895
Net Income
$1,128,522
Net Assets
$11,908,573
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $6,014,382
96.6%
Interest Revenue $10,499
0.2%
Dividends $225,686
3.6%
Sales of Assets -$36,133
Other Income $10,983
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $5,045,060
99.0%
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 $11,925,295
Total Liabilities $16,722
Net Assets $11,908,573
Compensation
Key Employees and Officers Compensation Other
Madhava G Reddy (President) $0 $0
Sobha Reddy (Director) $0 $0
Narasimhachary Mudumby (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$5,300,676
Expenses
$3,805,781
Net Income
$1,494,895
Net Assets
$10,779,910
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $5,000,000
94.3%
Interest Revenue $15,016
0.3%
Dividends $235,011
4.4%
Sales of Assets $49,453
0.9%
Other Income $1,196
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,750,000
98.5%
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 $10,809,867
Total Liabilities $29,957
Net Assets $10,779,910
Compensation
Key Employees and Officers Compensation Other
Madhava G Reddy (President) $0 $0
Sobha Reddy (Director) $0 $0
Narasimhachary Mudumby (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$822,047
Expenses
$653,752
Net Income
$168,295
Net Assets
$9,284,713
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $8
0.0%
Dividends $451,413
54.9%
Sales of Assets $370,626
45.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $600,000
91.8%
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 $9,301,642
Total Liabilities $16,929
Net Assets $9,284,713
Compensation
Key Employees and Officers Compensation Other
Madhava G Reddy (President) $0 $0
Sobha Reddy (Director) $0 $0
Narasimhachary Mudumby (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,824,007
Expenses
$3,044,839
Net Income
$1,779,168
Net Assets
$9,116,282
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $4,300,000
89.1%
Interest Revenue $24,298
0.5%
Dividends $231,148
4.8%
Sales of Assets $258,474
5.4%
Other Income $10,087
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,000,000
98.5%
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 $9,127,211
Total Liabilities $10,929
Net Assets $9,116,282
Compensation
Key Employees and Officers Compensation Other
Madhava G Reddy (President) $0 $0
Sobha Reddy (Director) $0 $0
Narasimhachary Mudumby (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,397,791
Expenses
$1,650,318
Net Income
$2,747,473
Net Assets
$7,337,114
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $4,200,000
95.5%
Interest Revenue $16,406
0.4%
Dividends $113,302
2.6%
Sales of Assets $62,348
1.4%
Other Income $5,735
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,635,000
99.1%
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 $7,341,713
Total Liabilities $4,599
Net Assets $7,337,114

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,274,926
Expenses
$1,895,295
Net Income
$379,631
Net Assets
$4,589,641
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $2,102,505
92.4%
Interest Revenue $32,192
1.4%
Dividends $82,520
3.6%
Sales of Assets $57,709
2.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,865,000
98.4%
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 $4,592,240
Total Liabilities $2,599
Net Assets $4,589,641

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

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

Document Links

About 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 information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include 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 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.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file 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 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."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs 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. Bulk PDF downloads since 2017 are available from the IRS.
  • 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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »