Achevall
- Assets
- $492.3k
- Revenue
- $136.2k
- Investments
- $487.8k
- Employees
- 0
- Location
- Cupertino, CA
- Founding
- Data as of
- 08/2024
- EIN
- 87-2859674
Organization Overview
Achevall is located in Cupertino, CA. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Achevall 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 08/2024, Achevall generated $136.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $23.5k during the year ending 08/2024. You can explore the organizations financials more deeply in the financial statements section below.
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 |
|---|---|---|---|
Wei-Cheng Lai CEO | 10 | $0 | |
Yihua Zhang CFO | 10 | $0 | |
Christopher Lai Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $133,384 |
| Interest on Savings | $2,793 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $85,587 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $136,177 |
| 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 | $4,614 |
| Total operating and administrative expenses | $7,714 |
| Contributions, gifts, grants paid | $15,742 |
| Total expenses and disbursements | $23,456 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,478 |
| 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 | $492,324 |
| Accounts payable and accrued expenses | $1,100 |
| 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 | $1,100 |
Grants Awarded
Over the last fiscal year, Achevall has awarded $15,742 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SAN JOSE CHINESE CATHOLOC MISSION PURPOSE: SUPPORT CHRISTIANITY | $9,242 |
BELLARMINE COLLEGE PREPARATORY PURPOSE: SUPPORT EDUCATION | $1,000 |
UCSB UNIVERSITY PURPOSE: SUPPORT EDUCATION | $4,500 |
UNIVERSITY OF SOUTHERN CALIFORNIA PURPOSE: SUPPORT EDUCATION | $1,000 |