Silicon Andhra
- Assets
- $6.9m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 2
- Location
- Milpitas, CA
- Founding
- 09/2003
- Data as of
- 06/2021
- EIN
- 77-0578707
Organization Overview
Silicon Andhra is located in Milpitas, CA. The organization was established in 2003. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Silicon Andhra employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silicon Andhra 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 06/2021, Silicon Andhra generated $4.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $3.0m during the year ending 06/2021. While expenses have increased by 9.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATING KIDS IN TELEGU LANGUAGE & CULTURE
Describe the Organization's Program Activity:
Part 3 - Line 4a
A NON-PROFIT ORGANIZATION TO MAINTAIN, PRESERVE AND PERPETUATE TELUGU CULTURE, LITERATURE AND TRADITION AMONG THE TELUGU SPEAKING PEOPLE OF SILICON VALLEY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raju Chamarthi Coo, Chief Operating Officer | Officer | 40 | $79,167 |
Anand Kuchibhotla CEO | Trustee | 20 | $0 |
Dilip Kondiparti Vice Chairman | Trustee | 20 | $0 |
Deenababu Kondubhatla CFO | Trustee | 20 | $0 |
Shirisha Kaleru Secretary | Trustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $45,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $577,186 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $622,386 |
| Total Program Service Revenue | $4,099,529 |
| Investment income | $1,143 |
| 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 | $4,723,243 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $666,796 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $161,667 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,795 |
| Fees for services: Management | $2,760 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $44,710 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,470 |
| Travel | $11,508 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $79,515 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $114,292 |
| Insurance | $24,400 |
| All other expenses | $473,774 |
| Total functional expenses | $2,956,618 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,372,457 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $992 |
| Net Land, buildings, and equipment | $5,529,382 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,902,831 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,957,080 |
| Total liabilities | $2,957,080 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $3,945,751 |
| Total liabilities and net assets/fund balances | $6,902,831 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Silicon Andhra has recieved totaling $152,088.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $135,357 |
Bright Funds Foundation San Jose, CA PURPOSE: GENERAL PURPOSE | $15,526 |
Verizon Foundation Basking Ridge, NJ PURPOSE: VIP PAYOUT FOR 06/21/21 | $750 |
Centerpoint Energy Foundation Inc Houston, TX PURPOSE: Q2 2021 VOLUNTEER GRANT | $300 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $105 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cultura Y Arte Nativa De Las Americas San Francisco, CA | $2,055,522 | $13,827,231 |
American Indian Health & Services Corporation Santa Barbara, CA | $10,365,655 | $13,137,792 |
River Of Life Foundation Santa Clara, CA | $1,212,027 | $11,599,827 |
Destination Crenshaw Los Angeles, CA | $35,511,106 | $11,299,025 |
The Epoch Times Media Group Los Angeles El Monte, CA | $739,683 | $7,015,472 |
Priddy Family Foundation Las Vegas, NV | $28,899,625 | $10,430,994 |
Kanu O Ka Aina Learning Ohana Kamuela, HI | $16,258,612 | $5,026,413 |
Napa Valley Festival Association Walnut Creek, CA | $13,659,159 | $11,728,133 |
Apano Communities United Fund Portland, OR | $4,683,636 | $5,442,613 |
Puente De La Costa Sur Pescadero, CA | $6,663,176 | $5,921,974 |
San Francisco Japanese School San Francisco, CA | $7,835,658 | $4,070,640 |
Native Arts And Cultures Foundation Inc Portland, OR | $23,796,396 | $14,906,833 |