Indian Institute Of Science Alumi Association Of North America
- Assets
- $203.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mountain View, CA
- Founding
- 06/2007
- Data as of
- 12/2022
- EIN
- 03-0602301
Organization Overview
Indian Institute Of Science Alumi Association Of North America, operating under the name IISc AANA, is located in Mountain View, CA. The organization was established in 2007. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. IISc AANA is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, IISc AANA generated $38.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (20.7%) each year. All expenses for the organization totaled $25.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (25.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE THE ALUMNI OF THE INDIAN INSTITUTE OF SCIENCE (IISC), BANGALORE, WHO LIVE AND/OR WORK IN NORTH AMERICA, WHICH INCLUDES THE USA, CANADA AND MEXICO. OUR GOAL IS TO GARNER THE BEST AND THE BRIGHTEST MINDS IN SCIENCE AND TECHNOLOGY FROM IISC AND AROUND THE WORLD TO FOSTER INNOVATIONS THAT LEAD TO A HEALTHY, SAFE AND SUSTAINABLE FUTURE FOR INDIA AND THE WORLD. WE PROMOTE ADVANCED SCIENTIFIC RESEARCH AND ORGANIZE NATIONAL AND GLOBAL CONFERENCES IN THE US. OUR ACTIVITIES ARE EXPANDING RAPIDLY AND THIS GROUP SERVES AS A COMMON PLATFORM FOR ALUMNI IN NORTH AMERICA TO REACH OUT ALUMNI ACROSS VARIOUS GRADUATING CLASSES, BRANCHES, LOCATIONS, AND INTERESTS.
Describe the Organization's Program Activity:
Part 3
SUPPORTED COVID 19 VACCINATION TO STUDENTS AND SUPPORT STAFF AT IISC AND OXYGEN CONCENTRATOR PROJECTS IN INDIA.
ORGANIZED SEMINAR SERIES FOR THE BIOCHEMISTRY ALUMNI AND CONTRIBUTED TO THE CENTENARY CELEBRATIONS OF THE IISC BIOCHEMISTRY DEPARTMENT
AWARDED SCHOLARSHIPS FOR UNDERGRADUATE STUDENTS TO HAVE INTERNET ACCESS AND LAPTOPS DURING COVID PANDEMIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mrilani Laksminarayana Co-Chair | 2 | $0 | |
Ram Chellappa Co Chair | 2 | $0 | |
Murthy Gunupudi Director | 1 | $0 | |
Subbarao Gunupudi Treasurer/ceo | 4 | $0 | |
Sujata Tibrewala Director | 1 | $0 | |
Keshab Panda Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,390 |
| Total Program Service Revenue | $7,263 |
| Membership dues | $1,000 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$10,575 |
| Other Revenue | $0 |
| Total Revenue | $38,078 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $18 |
| Other expenses | $2,744 |
| Total expenses | $25,367 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $203,258 |
| Other assets | $0 |
| Total assets | $203,258 |
| Total liabilities | $76,775 |
| Net assets or fund balances | $126,483 |