Kits Cubed Inc
- Assets
- $168.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 9
- Location
- Oakland, CA
- Founding
- Data as of
- 12/2022
- EIN
- 85-3753558
Organization Overview
Kits Cubed Inc is located in Oakland, CA. According to its NTEE Classification (U20) the organization is classified as: General Science, under the broad grouping of Science & Technology and related organizations. As of 12/2022, Kits Cubed Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kits Cubed 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 12/2022, Kits Cubed Inc generated $128.1k 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 (25.7%) each year. All expenses for the organization totaled $80.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (22.7%) 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
2022
Describe the Organization's Program Activity:
Part 3
IN 2022, THE ORGANIZATION SUCCESSFULLY LAUNCHED ITS MONTH OF STEM PROGRAM, BRINGING HANDS-ON SCIENCE EDUCATION TO THE CLASSROOMS OF OVER 3,000 STUDENTS IN OAKLAND. THE TEAM ALSO SUCCESSFULLY RAN THE 2ND ANNUAL STEM FAIR, WITH OVER 2,500 ATTENDEES AND 1,000 SCIENCE KITS DONATED. ADDITIONALLY, KITS CUBED CONTINUED ITS DONATION AND DISTRIBUTION OF SCIENCE KITS TO UNDERSERVED SCHOOLS IN THE EAST BAY.
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 |
|---|---|---|---|
Ahmed Muhammad President | 10 | $13,200 | |
Miguel Caro Treasurer | 1 | $0 | |
Franco Demarinis Secretary | 1 | $0 | |
Akintunde Ahmad Director | 1 | $0 | |
Norma Francisco Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,411 |
| Total Program Service Revenue | $10,709 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $128,120 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,223 |
| Professional fees and other payments to independent contractors | $4,196 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $42,466 |
| Total expenses | $80,885 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $147,031 |
| Other assets | $0 |
| Total assets | $168,192 |
| Total liabilities | $0 |
| Net assets or fund balances | $168,192 |