Academy Of Endoscopy Inc
- Assets
- $513.1k
- Revenue
- $30.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Woodside, CA
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 83-2647420
Organization Overview
Academy Of Endoscopy Inc is located in Woodside, CA. The organization was established in 2019. According to its NTEE Classification (H70) the organization is classified as: Digestive Diseases & Disorders Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy Of Endoscopy 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 12/2021, Academy Of Endoscopy Inc generated $30.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (55.7%) each year. All expenses for the organization totaled $42.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZE AND HOST VARIOUS SEMINARS, WORKSHOPS, AND OTHER EDUCATIONAL EVENTS ON ENDOSCOPY PROCEDURES AND RELATED ISSUES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roy Soetikno MD President | OfficerTrustee | 40 | $0 |
Ravishanar Asokkumar MD Treasurer | OfficerTrustee | 20 | $0 |
Channa Jayasekera MD Secretary | OfficerTrustee | 20 | $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 | $30,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,000 |
| 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 | $30,000 |
| 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 | $0 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| 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 | $7,525 |
| Advertising and promotion | $0 |
| Office expenses | $1,068 |
| Information technology | $0 |
| 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 | $7,383 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $41,996 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $486,570 |
| 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 | $26,545 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $513,115 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | -$20,632 |
| Net assets with donor restrictions | $533,747 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $513,115 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Academy Of Endoscopy Inc has recieved totaling $561,000.
| Awarding Organization | Amount |
|---|---|
Maxine And Jack Zarrow Family Foundation Tulsa, OK PURPOSE: SCENIC 2.0 | $187,000 |
Maxine And Jack Zarrow Family Foundation Tulsa, OK PURPOSE: SCENIC 2.0 | $187,000 |
Maxine And Jack Zarrow Family Foundation Tulsa, OK PURPOSE: SCENIC 2.0 | $187,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
California Liver Research Institute Pasadena, CA | $201,052 | $1,113,267 |
Blinder Research Foundation For Crohns Disease Paradise Valley, AZ | $2,675,052 | $131,387 |
Cure Foundation Marina Del Rey, CA | $336,845 | $61,704 |
Academy Of Endoscopy Inc Woodside, CA | $513,115 | $30,000 |
Endovision Foundation San Francisco, CA | $390,798 | $0 |
Giissues Inc Granada Hills, CA | $28,237 | $0 |
Digestive Disease Research Foundation Encino, CA | $0 | $2,348 |