Excite Foundation
- Assets
- $342.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Jose, CA
- Founding
- Data as of
- 12/2023
- EIN
- 85-4059911
Organization Overview
Excite Foundation is located in San Jose, CA. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Excite Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
WE COMPLETED THE THIRD YEAR OF ENROLLMENT OF FIRST GRADE CHILDREN IN THE COLLEGE IN MY FUTURE CHILDREN'S SAVINGS PROGRAM, ADDING 610 CHILDREN. WE ESTABLISHED A NEW RELATIONSHIP WITH A CHILDCARE/PRE-SCHOOL PROVIDER AND ENROLLED 214 LOW-INCOME CHILDREN IN CIMF. IN TOTAL, WE HAVE OVER 2,000 CHILDREN ENROLLED. EACH CHILD IS CREDITED WITH A $50 SEED DEPOSIT IN A COLLEGE SAVINGS ACCOUNT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Dorcy Board Chair | 2 | $0 | |
Hector Espinoza Director | 1 | $0 | |
Surya Turaga Director | 1 | $0 | |
Vy Nguyen Director | 1 | $0 | |
John Hogan Exec Dir, Treasurer/secret | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $175,599 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,803 |
| Total Revenue | $179,402 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $13,983 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,683 |
| Total expenses | $41,666 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $334,380 |
| Other assets | $0 |
| Total assets | $342,188 |
| Total liabilities | $1,509 |
| Net assets or fund balances | $340,679 |