Rezvan Foundation For Excellence
- Assets
- $132.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gilroy, CA
- Founding
- 02/2016
- Data as of
- 12/2022
- EIN
- 81-0810674
Organization Overview
Rezvan Foundation For Excellence is located in Gilroy, CA. The organization was established in 2016. According to its NTEE Classification (T30) the organization is classified as: Public 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. Rezvan Foundation For Excellence 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, Rezvan Foundation For Excellence generated $114.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 43.2% each year . All expenses for the organization totaled $187.2k during the year ending 12/2022. While expenses have increased by 52.2% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION AWARDS COLLEGE SCHOLARSHIPS TO GRADUATING HIGH SCHOOL STUDENTS WHO, IN SPITE OF FORMATIVE YEARS FILLED WITH SIGNIFICANT HARDSHIPS, HAVE SHOWN A DETERMINATION TO SUCCEED AND A DESIRE TO BE A SERVICE TO OTHERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ehsan Rezvan President | 2 | $0 | |
Elizabeth Naimi Yazdi Vice President | 1 | $0 | |
Ron Elliot President & CEO | 1 | $0 | |
Suken Shah Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,852 |
| 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 | $114,852 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $47,159 |
| Professional fees and other payments to independent contractors | $3,544 |
| Occupancy, rent, utilities, and maintenance | $1,765 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $44,536 |
| Total expenses | $187,220 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $132,083 |
| Other assets | $0 |
| Total assets | $132,907 |
| Total liabilities | $86 |
| Net assets or fund balances | $132,821 |
Grants Awarded
Over the last fiscal year, Rezvan Foundation For Excellence has awarded $83,233 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CSU FRESNO PURPOSE: SCHOLARSHIP | $3,300 |
UNIVERSITY OF CALIFORNIA BERKELEY PURPOSE: SCHOLARSHIP | $5,796 |
LOUISIANA STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $12,000 |
THE REGENTS OF THE UNIVERSITY OF CA PURPOSE: SCHOLARSHIP | $30,280 |
OREGON INSTITUTE OF TECHNOLOGY PURPOSE: SCHOLARSHIP | $2,500 |
ENDICOTT COLLEGE PURPOSE: SCHOLARSHIP | $9,403 |