Grc Society
- Assets
- $194.4k
- Revenue
- $90.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cupertino, CA
- Founding
- 05/2012
- Data as of
- 08/2021
- EIN
- 90-0676322
Organization Overview
Grc Society is located in Cupertino, CA. The organization was established in 2012. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, 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. Grc Society 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 08/2021, Grc Society generated $90.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (39.9%) each year. All expenses for the organization totaled $3.2k during the year ending 08/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
HOLD CONFERENCES FOR THE DISCUSSION AND EXCHANGE OF IDEAS ON THE THEORY AND APPLICATIONS GRANULAR COMPUTING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRC SOCIETY IS A PUBLIC FOUNDATION FORMED BY MR. TSAU YOUNG LIN. THE PURPOSE OF THE GRC SOCIETY IS TO PROMOTE AND TO ENCOURAGE THE SCIENTIFIC STUDY ON THEORY AND APPLICATIONS GRANULAR COMPUTING AND RELATED RESEARCH IN AREAS SUCH AS UNCERTAINTY MATHEMATICS, DATA AND KNOWLEDGE ENGINEERING, KNOWLEDGE DISCOVERY, MACHINE LEARNING AND SOFT COMPUTING IN UNIVERSITIES AND OTHER EDUCATIONAL INSTITUTIONS. GRC SOCIETY WILL ATTAIN THESE PURPOSES THROUGH CONFERENCES.SYMPOSIUM AND SCHOLARLY PUBLICATIONS.DURING THIS YEAR'S CONFERENCE, 174 REGULAR MEMBERS, 131 STUDENTS MEMBERS, AND 197 NON MEMBERS ATTENDED THE CONFERENCE.(TOTAL OF TWO CONFERENCES-502 ATTENDANTS) IN ADDITION TO CONFERENCE, MANY TUTORIAL WORKSHOPS WERE PROVIDED. THE CONFERENCE PROCEEDINGS WERE PRINTED AND DISTRIBUTED TO ATTENDANTS AND WERE WELL RECEIVED BY THE ATTENDANTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tsau Young Lin President & CEO | Officer | 5 | $0 |
Churn-Jung Liau Secretary | Officer | 0 | $0 |
Michelle Lin CFO | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $90 |
| 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 | $90 |
| Statement of Expenses | |
|---|---|
| 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 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 | $2,420 |
| 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 | $258 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | -$162 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,151 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,331 |
| Savings and temporary cash investments | $30,002 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $160,101 |
| Total assets | $194,434 |
| 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 |
| Total liabilities and net assets/fund balances | $194,434 |