Sitao Corporation
- Assets
- $13.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Owings Mills, MD
- Founding
- 03/2007
- Data as of
- 12/2021
- EIN
- 20-5878634
Organization Overview
Sitao Corporation is located in Owings Mills, MD. The organization was established in 2007. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Sitao Corporation 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 12/2021, Sitao Corporation generated $499.0 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 (42.1%) each year. All expenses for the organization totaled $18.0 during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (63.3%) 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
2021
Describe the Organization's Program Activity:
Part 3
THE PROGRAM OFFERS FUNDING FOR COMMUNITY OUTREACH PROGRAMS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martina Cole President | 5 | $0 | |
Patricia Hodge Mack Secretary | 5 | $0 | |
Catherine Porter Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $499 |
| 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 | $499 |
| 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 | $18 |
| Total expenses | $18 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,047 |
| Other assets | $0 |
| Total assets | $13,047 |
| Total liabilities | $0 |
| Net assets or fund balances | $13,047 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sitao Corporation has recieved totaling $44.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $44 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ecumenical Community Hershey, PA | $4,358,759 | $9,348,993 |
American Federation For Children Growth Fund Inc Columbia, MD | $9,265,288 | $14,325,717 |
Mcelhattan Foundation Pittsburgh, PA | $120,280,311 | $4,922,440 |
Mid-Atlantic Region Commission On Higher Education Wilmington, DE | $17,355,711 | $12,036,917 |
A Wider Circle Inc Silvers Spring, MD | $9,165,754 | $9,301,796 |
Anne Arundel Community College Foundation Inc Arnold, MD | $29,078,784 | $4,871,771 |
Success For All Foundation Inc Baltimore, MD | $3,571,160 | $7,960,925 |
Bradford-Tioga Head Start Inc Blossburg, PA | $1,137,581 | $6,636,827 |
American Constitution Society For Law And Policy Washington, DC | $6,124,680 | $5,609,154 |
American School Counselor Association Alexandria, VA | $7,066,172 | $7,522,290 |
199 Hunting Park Philadelphia, PA | $41,105,325 | $5,349,841 |
Mastery Community Builders Inc Philadelphia, PA | $81,521,383 | $3,869,726 |