Saratoga Mset Inc
- Assets
- $217.1k
- Revenue
- $189.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Saratoga, CA
- Founding
- Data as of
- 06/2024
- EIN
- 84-5029470
Organization Overview
Saratoga Mset Inc is located in Saratoga, CA. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Saratoga Mset 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 06/2024, Saratoga Mset Inc generated $189.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 24.1% each year . All expenses for the organization totaled $162.5k during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE PROGRAMS THAT HELP STUDENTS BUILD SELF-CONFIDENCE, KNOWLEDGE LIFE SKILLS BY LEARNING APPLICATION OF SCIENCE, ENGINEERING, TECHNOLOGY MATH AND BY TEAMWORK IN ROBOTIC BUILDING CHALLENGES AND COMPETITIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
MSET MECHANICAL SCIENCE AND ENGINEERING TEAM PROVIDES LEARNING AND TRAINING PROGRAM IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH STEM IN TEAMWORK FORMAT. GUIDED BY ADULT COACHES AND MENTORS, 95 HIGH SCHOOL STUDENTS WITH 13 STUDENT LEADERS, WERE OFFERED TO EACH PARTICIPANT STUDENT, MORE THAN 100 HOURS OF 1 ROBOT BUILDING EXPERIENCE AND ROBOT CHALLENGES COMPETITIONS AT LOCAL, REGIONAL, STATE AND WORLD TOURNAMENTS, 2 THE VALUE OF HARD WORK, TEAM SUPPORT AND TECHNOLOGY INNOVATION. OUTREACH ACTIVITIES TO DEMONSTRATE ROBOT BUILDING AND TASK PERFORMANCE WERE PROVIDED TO LOCAL SCHOOLS AND COMMUNITIES TO INSPIRE THE INTEREST IN STEM FOR YOUNGER STUDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vipin Jain President | Trustee | 10 | $0 |
Aiqun Yao Treasurer | Trustee | 10 | $0 |
Keeti Melkote Secretary | Trustee | 10 | $0 |
Bob France Director | Trustee | 10 | $0 |
Anh-Quan Nguyen Director | Trustee | 10 | $0 |
Matthew Torrens Director | Trustee | 10 | $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 | $189,932 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $189,932 |
| 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 | $189,932 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,467 |
| 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 | $450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $560 |
| 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 | $82,606 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $162,457 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $217,143 |
| 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 | $217,143 |
| 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 | $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 | $217,143 |
| Total liabilities and net assets/fund balances | $217,143 |