Nustian
- Assets
- $106.3k
- Revenue
- $556.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Surprise, AZ
- Founding
- 11/2018
- Data as of
- 12/2021
- EIN
- 82-3974314
Organization Overview
Nustian is located in Surprise, AZ. The organization was established in 2018. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Nustian 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, Nustian generated $556.0k in total revenue. All expenses for the organization totaled $464.4k during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL GRANTS AND SCHOLARSHIPS FOR NUST UNDERGRADUATE STUDENTS IN PAKISTAN AND GRADUATE STUDENTS STUDYING IN THE USA. NUST = NATIONAL UNIVERSITY OF SCIENCES AND TECHNOLOGY PAKISTAN
Describe the Organization's Program Activity:
Part 3 - Line 4a
NINETEEN (19) PERMANENT ENDOWMENT SCHOLARSHIPS WERE ESTABLISHED. EACH SCHOLARSHIP VALUED AT APPROXIMATELY $19.2K INTENDED TO COVER ALL TUITION EXPENSES FOR 4 ACADEMIC YEARS UNDERGRADUATE STUDY.
A TOTAL OF 77 NEED BASED RESTRICTED SCHOLARSHIPS WERE AWARDED TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS AT NUST. RECIPIENT DISTRIBUTION - UNDERGRADUATES :17 POST GRADUATES: 60
NINETEEN (19) PERMANENT ENDOWMENT SCHOLARSHIPS WERE ESTABLISHED. EACH SCHOLARSHIP VALUED AT APPROXIMATELY $19.2K INTENDED TO COVER ALL TUITION EXPENSES FOR 4 ACADEMIC YEARS UNDERGRADUATE STUDY.
A TOTAL OF 77 NEED BASED RESTRICTED SCHOLARSHIPS WERE AWARDED TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS AT NUST. RECIPIENT DISTRIBUTION - UNDERGRADUATES :17 POST GRADUATES: 60
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sohaib Haider Treasurer And Director | OfficerTrustee | 2 | $0 |
Tehmoor Dar Secy General And Director | OfficerTrustee | 6 | $0 |
Shiraz Bashir President And Director | OfficerTrustee | 4 | $0 |
Ahsan Rehman Director | Trustee | 2 | $0 |
Raheel Bodla Director | Trustee | 2 | $0 |
Rashed Zafar Bhatti Director | Trustee | 2 | $0 |
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 | $555,971 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $555,971 |
| 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 | $555,971 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $450,398 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $0 |
| Fees for services: Management | $3,753 |
| Fees for services: Legal | $5,549 |
| 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 | $2,366 |
| Advertising and promotion | $1,881 |
| Office expenses | $209 |
| Information technology | $246 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $464,402 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,290 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $106,290 |
| Accounts payable and accrued expenses | $905 |
| 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 | $3,099 |
| Total liabilities | $3,099 |
| 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 | $103,191 |
| Total liabilities and net assets/fund balances | $106,290 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Nustian has recieved totaling $439,261.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: EDUCATION | $315,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $123,261 |
Analog Devices Foundation Boston, MA PURPOSE: GENERAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kipp Foundation San Francisco, CA | $136,274,072 | $130,699,963 |
The Chicago School - California Inc Los Angeles, CA | $127,785,110 | $98,235,232 |
Social Good Fund Richmond, CA | $64,387,201 | $85,650,973 |
Avid Center San Diego, CA | $134,506,037 | $61,146,519 |
Khan Academy Inc Mountain View, CA | $115,035,528 | $59,263,743 |
California School Employees Association San Jose, CA | $160,720,307 | $80,296,309 |
Prager University Foundation Sherman Oaks, CA | $86,724,321 | $65,499,557 |
The Oakland Public Education Fund Oakland, CA | $29,835,630 | $28,210,005 |
Classical Academy Colorado Springs, CO | $97,154,437 | $39,391,484 |
Unicare Community Health Center Inc Ontario, CA | $12,734,998 | $31,780,162 |
Spectrum Healthcare Group Inc Cottonwood, AZ | $17,862,058 | $29,292,227 |
University Studies Abroad Consortium Reno, NV | $41,233,258 | $28,044,577 |