Isteam Academy Inc is located in Lexington, MA. The organization was established in 2019. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Isteam Academy 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, Isteam Academy Inc generated $93.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $80.8k during the year ending 12/2021. While expenses have increased by 5.7% 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
2021
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Xiangbo Meng Director | 5 | $0 | |
Chenyu Lin Clerk | 5 | $0 | |
Minmin Cai Director | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $7,811 |
Total Program Service Revenue | $85,863 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $93,674 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $25,836 |
Professional fees and other payments to independent contractors | $12,010 |
Occupancy, rent, utilities, and maintenance | $26,487 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $16,469 |
Total expenses | $80,802 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $18,343 |
Other assets | $0 |
Total assets | $18,343 |
Total liabilities | $0 |
Net assets or fund balances | $18,343 |
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