Schoolmela is located in Cedar Park, TX. The organization was established in 2019. 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. Schoolmela 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 12/2018, Schoolmela generated $5.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $1.9k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (21.6%) per year over the past 2 years. 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
2018
Describe the Organization's Program Activity:
Part 3
DONATING SCHOOL SUPPLIES FOR 160 ELIGIBLE STUDENTS IN RURAL AREAS OF INDIA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Adhi Seshu Jalagam Treasurer And Secretary | 1 | $0 | |
Rajesh Jalagam Member Of Board | 1 | $0 | |
Jagadeesh Inugunti Member Of Board | 1 | $0 | |
Gejara Kumaraswamy Naidu President | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $5,866 |
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 | $5,866 |
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 | $801 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $339 |
Total expenses | $1,912 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $7,146 |
Other assets | $0 |
Total assets | $7,146 |
Total liabilities | $0 |
Net assets or fund balances | $7,146 |
Over the last fiscal year, we have identified 1 grants that Schoolmela has recieved totaling $8.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $8 |
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Educate Girls Austin, TX | $42,960,470 | $14,126,525 |
Evolution Acadamy Richardson, TX | $15,542,643 | $6,925,248 |
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Prime Time Family Reading New Orleans, LA | $2,481,247 | $6,549,424 |
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