Friends Of Saiacs

Organization Overview

Friends Of Saiacs is located in Campbell, CA. The organization was established in 2003. 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. Friends Of Saiacs 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, Friends Of Saiacs generated $568.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $616.4k during the year ending 12/2021. While expenses have increased by 10.2% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORTING THE MISSION AND ONGOING WORK OF SOUTH ASIA INSTITUTE OF ADVANCED CHRISTIAN STUDIES, MEETING WITH CHARITABLE FOUNDATINS, TRUSTS, AND THE LIKE TO RAISE FUNDS FOR THE EXPANSION OF SOUTH ASIA INSTITUE OF ADVANCED CHRISTIAN STUDIES

Describe the Organization's Program Activity:

Part 3 - Line 4a

LAND AND BUILDING FUND-IMPROVEMENTS TO CURRENT BUILDINGS, NEW BUILDINGS AND LAND PURCHASE FOR NEW CAMPUS


GENERAL EXPENSES OF SOUTH ASIA INSTITUTE OF ADVANCED CHRISTIAN STUDIES


SCHOLARSHIPS: PROVIDING FINANCIAL ASSISTANCE FOR DESERVING MALE AND FEMALE STUDENTS FROM SOUTH AND SOUTHEAST ASIA, TO PURSUE GRADUATE LEVEL STUDIES IN THEOLOGICAL AND RELATED AREAS.


OTHER PROGRAM EXPENSES


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$568,363
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$568,363
Total Program Service Revenue$0
Investment income $0
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 $568,398

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Friends Of Saiacs has recieved totaling $189,000.

Awarding OrganizationAmount
$159,000
First Fruit Inc

Newport Beach, CA

PURPOSE: W/ SOUTH ASIA INSTITUTE OF ADVANCED CHRISTIAN STUDIES

$30,000
View Grant Recipient Profile

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