Intersect The Institute Fortechnology Scient And Culture Inc
- Assets
- $17.8k
- Revenue
- $4.0
- Investments
- $0.0
- Employees
- 0
- Location
- Winstonsalem, NC
- Founding
- 09/2007
- Data as of
- 12/2022
- EIN
- 20-8920211
Organization Overview
Intersect The Institute Fortechnology Scient And Culture Inc is located in Winstonsalem, NC. The organization was established in 2007. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, 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. Intersect The Institute Fortechnology Scient And Culture Inc 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, Intersect The Institute Fortechnology Scient And Culture Inc generated $4.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (18.4%) each year.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INSTITUTE CONTINUED ITS PRIMARY INITIAL PROGRAM OF DEVELOPING THE LIBRARY OF BOOKS AS THE CREDIBLE CORE CANON IN UNDERSTANDING THE INTERPLAY OF SCIENCE, TECHNOLOGY, CULTURE AND RELIGION. THE INSTITUTE AND INTERNATIONAL SOCIETY FOR SCIENCE AND RELIGION (ISSR) ARE COLLABORATING WITH AN EDITORIAL ADVISORY BOARD TO SELECT WORKS TO BE INCLUDED IN THE LIBRARY. THE INSTITUTE THEN ADDITIONALLY ACTS AS SUPPORT AGENT AND PAYMENT PROCESSOR FOR ISSR IN THE PRODUCTION OF THE BOOKS. BY USING GRANTS FROM ISSR, THE INSTITUTE ASSISTED IN IDENTIFYING THE INITIAL LIBRARY AND ACQUIRED ON BEHALF OF ISSR TO DISTRIBUTE IN 2012 4,621 OF BOOKS THROUGH FACILITATING THE PURCHASE, BINDING, FULFILLMENT AND SHIPPING OF THE BOOKS. THESE BOOKS ARE PRODUCED AND DISTRIBUTED BY ISSR AFTER COMPLETION. AT DECEMBER 31, 2017, THE INSTITUTE WAS HOLDING IN ESCROW 17,394 OF ISSR FUNDS FOR BOOKS THAT WERE TO BE PRODUCED THROUGH THE INSTITUTE'S GUIDANCE. THESE BOOKS ARE BEING DISTRIBUTED TO OVER 150 UNIVERSITY LIBRARIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Pranab Das Exec. Dir. | 0 | $0 | |
Catherine Warren Director | 0 | $0 | |
Richard Thomason Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $0 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,130 |
| Savings and temporary cash investments | $16,694 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $17,824 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $16,659 |
| Total liabilities | $16,659 |