Itee Foundation
- Assets
- $113.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Ramon, CA
- Founding
- 05/2003
- Data as of
- 08/2022
- EIN
- 13-4220236
Organization Overview
Itee Foundation is located in San Ramon, CA. The organization was established in 2003. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Itee Foundation 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 08/2022, Itee Foundation generated $26.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $10.2k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (20.6%) per year over the past 7 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 Program Activity:
Part 3
IN SRI LANKA, ADDITION TO E-LESSONS, LAUNCHED UKI.LIFE 6 MONTH SOFTWARE CODING CRASH PROGRAM WITH FULL SCHOLARSHIP. ALL GRADUATES WERE CONNECTED WITH PRIVATE SECTOR BUSINESSES & AWARDED INTERNSHIPS. STEM E-LESSONS ARE BEING CONVERTED TO MOBILE PLATFORM FOR EASY ACCESS BY STUDENTS ALSO SUPPORTED GEEK COMPETITION FOR HIGH SCHOOL STUDENTS AND COLLEGE SENIORS. INITIATED MENTORING FOR GRADUATES INTERESTED IN STARTING THEIR OWN VENTURES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shan Nantha Kumar President | 1 | $0 | |
Ramoshan Canagasaby Chief Technical Officer | 1 | $0 | |
Ravi C Veerasingham Treasurer | 1 | $0 | |
Dr Ratnam Sooriakumaran Vice President | 0.5 | $0 | |
Kethes Srikanthan Auditor | 0.5 | $0 | |
Rajan Bala Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,856 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $26,856 |
| 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 | $0 |
| Other expenses | $212 |
| Total expenses | $10,212 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $113,416 |
| Other assets | $0 |
| Total assets | $113,416 |
| Total liabilities | $0 |
| Net assets or fund balances | $113,416 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Itee Foundation has recieved totaling $32,038.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $31,900 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $138 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Just One Project Las Vegas, NV | $1,280,784 | $8,846,231 |
Asian Pacific Fund San Francisco, CA | $25,769,246 | $16,047,288 |
Mission Increase Tigard, OR | $936,883 | $5,775,075 |
Jewish Community Association Of Greater Phoenix Scottsdale, AZ | $31,119,150 | $6,708,831 |
American Muslim Community Foundation Fremont, CA | $4,272,850 | $7,338,552 |
Armenia Fund Inc Glendale, CA | $68,598,938 | $8,000,794 |
Childrens Legal Services Of San Diego San Diego, CA | $3,320,083 | $4,712,343 |
United Labor Agency Of Nevada Inc Las Vegas, NV | $492,532 | $3,236,061 |
The Conservation Alliance Bend, OR | $7,750,898 | $3,428,997 |
Springboard Social Enterprises Ladera Ranch, CA | $181,465 | $2,640,885 |
The Moonridge Foundation Las Vegas, NV | $1,474,323 | $2,560,150 |
Commission On Eliminating Harassment And Advancing Equality Santa Monica, CA | $1,601,546 | $2,132,862 |