Institute For Global Education Equality Of Opportunity & Prospert
- Assets
- $670.7k
- Revenue
- $101.1k
- Investments
- $645.6k
- Employees
- 0
- Location
- Rockville, MD
- Founding
- 03/2007
- Data as of
- 12/2021
- EIN
- 55-0610012
Organization Overview
Institute For Global Education Equality Of Opportunity & Prospert is located in Rockville, MD. 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. Institute For Global Education Equality Of Opportunity & Prospert 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, Institute For Global Education Equality Of Opportunity & Prospert generated $101.1k 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 (12.1%) each year. All expenses for the organization totaled $53.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
GAVE GRANTS TO ORGANIZATIONS THAT PROMOTE CHARITABLE, SCIENTIFIC AMD EDUCATIONAL PURPOSES
GAVE GRANTS TO ORGANIZATIONS THAT PROMOTE CHARITABLE, SCIENTIFIC AMD EDUCATIONAL PURPOSES
GAVE GRANTS TO ORGANIZATIONS THAT PROMOTE CHARITABLE, SCIENTIFIC AMD EDUCATIONAL PURPOSES
GAVE GRANTS TO ORGANIZATIONS THAT PROMOTE CHARITABLE, SCIENTIFIC AMD EDUCATIONAL PURPOSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jagadish Shukla President | 10 | $0 | |
Anastasia Shukla Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $51,200 |
| Interest on Savings | $2 |
| Dividends & Interest | $15,277 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $34,574 |
| Capital Gain Net Income | $34,574 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $101,053 |
| 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 | $95 |
| Total operating and administrative expenses | $995 |
| Contributions, gifts, grants paid | $52,500 |
| Total expenses and disbursements | $53,495 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,739 |
| Savings and temporary cash investments | $16,352 |
| 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 | $645,600 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $670,691 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Institute For Global Education Equality Of Opportunity & Prospert has awarded $52,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CHANDRAN GRAMIN VIKAS SANSTHAN PURPOSE: EDUCATIONAL | $43,500 |
Bethesda, MD PURPOSE: EDUCATIONAL | $4,000 |
Montgomery, AL PURPOSE: EDUCATIONAL | $2,000 |
Seattle, WA PURPOSE: EDUCATIONAL | $1,000 |
New York, NY PURPOSE: EDUCATIONAL | $1,000 |
Washington, DC PURPOSE: EDUCATIONAL | $1,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Institute For Global Education Equality Of Opportunity & Prospert has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Community Fdn Of Greater Des Moines Des Moines, IA PURPOSE: GRANT DISTRIBUTION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Building Hope Finance Washington, DC | $123,995,340 | $7,003,194 |
Elevate 215 Philadelphia, PA | $9,991,857 | $10,518,985 |
Dc Public Education Fund Washington, DC | $19,324,284 | $7,024,090 |
St Christophers School Foundation Richmond, VA | $94,106,126 | $9,680,251 |
Mastery Charter Schools Foundation Philadelphia, PA | $112,317,090 | $8,533,885 |
National Automatic Sprinkler 669 Va Education Fund Columbia, MD | $15,668,623 | $8,120,660 |
United States Japan Foundation Owings Mills, MD | $106,169,200 | $4,759,214 |
St Stephen S And St Agnes School Foundation Alexandria, VA | $47,445,810 | $11,356,184 |
Charles B Keesee Educational Fund Incorporated Martinsville, VA | $78,271,755 | $5,985,709 |
James Barry Robinson Home For Boys Trust Norfolk, VA | $49,691,285 | $5,553,084 |
Community College Of Philadelphia Foundation Philadelphia, PA | $17,835,018 | $4,924,395 |
Liberian Education Achievement & Resource Network Washington, DC | $510,785 | $2,650,000 |