Usrca

Organization Overview

Usrca, operating under the name Real Industry, is located in Lafayette, CA. The organization was established in 2014. According to its NTEE Classification (U12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Real Industry employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Real Industry 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, Real Industry generated $117.5k 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 (4.8%) each year. All expenses for the organization totaled $148.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

USRCA IS FOCUSED ON INCREASING THE IMPACT OF ACADEMIC RESEARCH AND STUDENTS ON INDUSTRY. WE DO THIS THROUGH THE TRANSLATION OF RESEARCH INTO PRODUCTS AND SERVICES THAT BENEFIT SOCIETY, AND BY PROVIDING INDUSTRY EDUCATION TO STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

REAL INDUSTRY WORKSHOPS ARE OUR FLAGSHIP CAREER DISCOVERY AND PREPARATION PROGRAMS. IN THIS PROGRAM, UNIVERSITY STUDENTS JOIN IN COLLABORATIVE, TEAM-ORIENTED, ON-CAMPUS WORKSHOPS TO DEVELOP CONSUMER PRODUCTS, MUSIC AND ENTERTAINMENT TECHNOLOGY, MUSIC BUSINESS, AND SOCIAL IMPACT REAL-WORLD CHALLENGES. PROGRAMS ARE HOLD WITH OVER 30 UNIVERSITY PARTNERS, REACHING NEARLY 10,000 STUDENTS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $58,900
All other contributions, gifts, grants, and similar amounts not included above$58,624
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$117,524
Total Program Service Revenue$0
Investment income $16
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $117,540

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Usrca has recieved totaling $60,000.

Awarding OrganizationAmount
Olivann

Berkeley, CA

PURPOSE: Support Student Programs

$60,000
View Grant Recipient Profile

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