Bitsaa - Silicon Valley Inc
- Assets
- $22.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milpitas, CA
- Founding
- 11/2003
- Data as of
- 12/2019
- EIN
- 82-0587411
Organization Overview
Bitsaa - Silicon Valley Inc is located in Milpitas, CA. The organization was established in 2003. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Bitsaa - Silicon Valley Inc 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 12/2019, Bitsaa - Silicon Valley Inc generated $7.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 27.9% each year . All expenses for the organization totaled $5.0k during the year ending 12/2019. While expenses have increased by 26.2% per year over the past 2 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
2019
Describe the Organization's Program Activity:
Part 3
BITSAA-SILICON VALLEY HOLDS PROFESSIONAL AND SOCIAL NETWORKING EVENTS FOR THE ALUMNI OF THE BIRLA INSTITUTE OF TECHNOLOGY AND SCIENCES (AN INSTITUTION WITH LOCATIONS AROUND THE WORLD) THAT LIVE IN SILICON VALLEY. THE PURPOSE OF THESE EVENTS IS TO PROMOTE AWARENESS OF NEW GRADUATES AND HELP THEM GET A JUMP START WITH THEIR ENGINEERING CAREERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mansoor Khan CEO | 5 | $0 | |
Sairam Sankaran Secretary | 5 | $0 | |
Saurabh Mohanty CFO | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,774 |
| Other Revenue | $0 |
| Total Revenue | $7,774 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $860 |
| Occupancy, rent, utilities, and maintenance | $1,111 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,051 |
| Total expenses | $5,022 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,174 |
| Other assets | $0 |
| Total assets | $22,174 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,174 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bitsaa - Silicon Valley Inc has recieved totaling $7,022.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $7,022 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mission Graduates San Francisco, CA | $3,883,649 | $11,314,485 |
New Tech Network Inc Napa, CA | $12,877,956 | $13,662,524 |
Oregon State University Bookstore Inc Corvallis, OR | $21,771,941 | $7,845,956 |
D-Veal Corporation Pasadena, CA | $1,060,148 | $8,616,279 |
Interfaith Food Center Santa Fe Springs, CA | $886,631 | $8,408,786 |
Educational Results Partnership Sacramento, CA | $3,391,130 | $3,866,159 |
Caremessage San Francisco, CA | $6,898,629 | $10,594,129 |
Core Districts Sacramento, CA | $6,393,095 | $5,685,377 |
Golden Oak Manor Inc San Rafael, CA | $6,249,784 | $2,003,606 |
Great Schools Oakland, CA | $7,609,862 | $7,265,817 |
Krishnamurti Foundation Of America Ojai, CA | $22,733,615 | $8,821,741 |
North Valley Christian Academy Phoenix, AZ | $21,880,412 | $8,715,772 |