Upshift Foundation Inc
- Assets
- $324.7k
- Revenue
- $215.2k
- Investments
- $175.3k
- Employees
- 0
- Location
- Fremont, CA
- Founding
- Data as of
- 12/2023
- EIN
- 87-2775548
Organization Overview
Upshift Foundation Inc is located in Fremont, CA. According to its NTEE Classification (A90) the organization is classified as: Arts Services, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Upshift Foundation 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 12/2023, Upshift Foundation Inc generated $215.2k 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 (5.5%) each year. All expenses for the organization totaled $9.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Surendra Anubolu President | 4 | $0 | |
Krishna Karikati Treasurer | 1 | $0 | |
Vishal Kirti Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $210,029 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,138 |
| Total Revenue | $215,167 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $475 |
| Total operating and administrative expenses | $3,925 |
| Contributions, gifts, grants paid | $5,207 |
| Total expenses and disbursements | $9,132 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $149,358 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $324,700 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Upshift Foundation Inc has awarded $5,207 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
GOVERNMENT POLYTECHNIC PURPOSE: COMPUTER LAB FOR COLLEGE STUDENTS | $790 |
WOODSIDE HIGH SCHOOL MUSIC BOOSTER PURPOSE: EDUCATION | $350 |
WOODSIDE HIGH SCHOOL ROBOTICS BOOSTER PURPOSE: EDUCATION | $2,700 |
PENINSULA INDIAN CULTURAL ASSOCIATION PURPOSE: EDUCATION | $650 |
NORTH STAR ACADEMY PURPOSE: EDUCATION | $717 |