Civic Intelligence

Bitsaa International Inc.

990 • Fiscal year 2015 • EIN 22-3835037

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 10, 2016

1560 Sunnyvale Saratoga RoadSunnyvale, CA 94087

(678) 640-5186

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

8th percentile

-51%

Higher net margin than 8% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

25th percentile

-14%

Faster asset growth than 25% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

17th percentile

-30%

Faster revenue growth than 17% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$327,395

Down $53,422 (-14%) from 2014

Net Assets

Down

$327,395

Down $53,422 (-14%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Down

$105,436

Down $44,426 (-30%) from 2014

Expenses

Up

$158,858

Up $119,933 (+308%) from 2014

Net Income

Down

-$53,422

Down $164,359 (-148%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2010: $161,262Liabilities 2010: $0Net Assets 2010: $161,2622010Assets 2011: $298,744Liabilities 2011: $0Net Assets 2011: $298,7442011Assets 2012: $275,570Liabilities 2012: $0Net Assets 2012: $275,5702012Assets 2013: $273,049Liabilities 2013: $0Net Assets 2013: $273,0492013Assets 2014: $380,817Liabilities 2014: $0Net Assets 2014: $380,8172014Assets 2015: $327,395Liabilities 2015: $0Net Assets 2015: $327,3952015Assets 2016: $354,199Liabilities 2016: $0Net Assets 2016: $354,1992016Assets 2017: $404,858Liabilities 2017: $0Net Assets 2017: $404,8582017Assets 2018: $534,080Liabilities 2018: $0Net Assets 2018: $534,0802018Assets 2019: $729,258Liabilities 2019: $0Net Assets 2019: $729,2582019Assets 2020: $643,793Liabilities 2020: $0Net Assets 2020: $643,7932020Assets 2021: $663,111Liabilities 2021: $0Net Assets 2021: $663,1112021Assets 2022: $732,191Liabilities 2022: $0Net Assets 2022: $732,1912022Assets 2023: $1,162,226Liabilities 2023: $0Net Assets 2023: $1,162,2262023Assets 2024: $1,381,220Liabilities 2024: $0Net Assets 2024: $1,381,2202024

Highlighted filing

2015

Assets$327,395
Liabilities$0
Net Assets$327,395

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $81,170Expenses 2010: $52,800Net Income 2010: $28,3702010Expenses 2011: $69,3382011Revenue 2012: $463,131Expenses 2012: $470,406Net Income 2012: -$7,2752012Revenue 2013: $217,004Expenses 2013: $219,525Net Income 2013: -$2,5212013Revenue 2014: $149,862Expenses 2014: $38,925Net Income 2014: $110,9372014Revenue 2015: $105,436Expenses 2015: $158,858Net Income 2015: -$53,4222015Revenue 2016: $132,902Expenses 2016: $106,098Net Income 2016: $26,8042016Revenue 2017: $112,435Expenses 2017: $61,776Net Income 2017: $50,6592017Revenue 2018: $405,126Expenses 2018: $275,904Net Income 2018: $129,2222018Revenue 2019: $526,017Expenses 2019: $330,839Net Income 2019: $195,1782019Revenue 2020: $500,357Expenses 2020: $585,822Net Income 2020: -$85,4652020Revenue 2021: $712,810Expenses 2021: $693,492Net Income 2021: $19,3182021Revenue 2022: $851,385Expenses 2022: $782,305Net Income 2022: $69,0802022Revenue 2023: $1,652,072Expenses 2023: $1,222,037Net Income 2023: $430,0352023Revenue 2024: $2,005,612Expenses 2024: $1,786,618Net Income 2024: $218,9942024

Highlighted filing

2015

Revenue$105,436
Expenses$158,858
Net Income-$53,422
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 10, 2016
Return Version
2015v2.1
Gross Receipts
$112,815
Mission and Program Overview

Mission

To engage in Educational and charitable activities by raising funds for setting up endowmwnts, creating scholarships,rewarding teaching and research,and generally promoting the development of resources at BIRLA INSTITUTE OF TECHNOLOGY AND SCIENCE, PILANI, INDIA and its campuses.

To engage in Educational and charitable activities by raising funds for setting up endowmwnts, creating scholarships,rewarding teaching and research,and generally promoting the development of resources at BIRLA INSTUTUTE OF TECHNOLOGY AND SCIENCE, PILANI, INDIA and its campuses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$231,360$174,683▼ $56,677
Rtn Earn Endowment Incm Other Fnds$231,360$174,683▼ $56,677
Investments in Publicly Traded Securities$149,457$152,712▲ $3,255
Cap Stk Tr Prin Current Funds$149,457$152,712▲ $3,255
Total Assets$380,817$327,395▼ $53,422
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$380,817$327,395▼ $53,422
Total Liabilities and Net Assets / Fund Balance$380,817$327,395▼ $53,422
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$102,181
Program Service Revenue
$0
Investment Income
$3,255
Other Revenue
$0
All Other Contributions
$102,181
Change in Net Assets
$-53,422
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$146,052
Other Expenses$12,806
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$95,378--$95,378
Grants to Domestic Orgs$50,674--$50,674
Information Technology$11,867--$11,867
Office Expenses$939--$939
Total Functional Expenses$158,858$0$0$158,858
International Activity

International Summary

Spending
$95,378

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AsiaProgram servicesBitsaa Granted Funds--$95,378
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Governing body is reviewed by the board of directors annually and a record is kept with the principal officer. It is available upon request.

Governing documents etc available to public Part VI line 19

Organization information including bylaws, list of board of directors and all financial statements are available on www.bitsaa.org

Filing and Contact Details

Filer

Filer Name
Bitsaa International Inc
EIN
22-3835037
Address
1560 SUNNYVALE SARATOGA ROAD, Sunnyvale, CA 94087

Signing Officer

Name
Deekshith Vanamala
Title
CFO
Phone
6786405186
Signed
2016-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deekshith Vanamala
Formed
2002
Legal Domicile
CA
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
50

Preparer

Firm
Sg Inc CPA
Address
428 S MAIN ST, Milpitas, CA 95035
Preparer
Shweta Garg
Phone
4089421450
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IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt07379
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To engage in Educational and charitable activities by raising funds for setting up endowmwnts, creating scholarships,rewarding teaching and research,and generally promoting the development of resources at BIRLA INSTUTUTE OF TECHNOLOGY AND SCIENCE, PILANI, INDIA and its campuses.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0true
IRS990/NetAssetsOrFundBalancesBOYAmt0380817
IRS990/NetAssetsOrFundBalancesEOYAmt0327395
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0993
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0993
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt0939
IRS990/OfficeExpensesGrp/TotalAmt0939
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherOrganizationDsc0ALUMNI ASSOC
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DEEKSHITH VANAMALA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0OTHER MISCELLANEOUS ACHIEVEMENTS AND GRANTS GIVEN BY THE ORGANIZATION
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt043844
IRS990/ProgSrvcAccomActy2Grp/GrantAmt043844
IRS990/ProgSrvcAccomActy3Grp/Desc0With the support of multiple individual donations, setup an endowment to support travel scholarships for atleast 5 years.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt040000
IRS990/ProgSrvcAccomActy3Grp/GrantAmt040000
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OPERATING EXPENSES FOR INFORMATION TECHNOLOGY AND OFFICE EXPENSES
IRS990/ProgSrvcAccomActyOtherGrp/Desc1Manamaali project was setup to support students have an emotional support system on all campuses, in association with BITS Pilani.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt012806
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt110000
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt010000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0126580
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt026981
IRS990/PYInvestmentIncomeAmt023282
IRS990/PYOtherExpensesAmt011944
IRS990/PYRevenuesLessExpensesAmt0110937
IRS990/PYTotalExpensesAmt038925
IRS990/PYTotalRevenueAmt0149862
IRS990/ReconcilationRevenueExpnssAmt0-53422
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0231360
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0174683
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0231360
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0174683
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0102181
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0126580
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0217004
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0463131
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0211235
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01120131
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02262
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02995
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03822
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04453
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04261
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt017793
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0790
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0-340
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01738
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02188
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98050
IRS990ScheduleA/PublicSupportPY170Pct00.98200
IRS990ScheduleA/PublicSupportTotal170Amt01117933
IRS990ScheduleA/SubstantialContributorsTotAmt02198
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0102181
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0126580
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0217004
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0463131
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0211235
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01120131
IRS990ScheduleA/TotalSupportAmt01140112
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt095378
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0South Asia
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0BITSAA GRANTED FUNDS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program services
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt095378
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0BITSAA MAKES GRANTS TO BITS PILANI
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0South Asia
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt095378
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TotalOtherOrgCnt01
IRS990ScheduleF/TotalSpentAmt095378
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GOVERNING BODY IS REVIEWED BY THE BOARD OF DIRECTORS ANNUALLY AND A RECORD IS KEPT WITH THE PRINCIPAL OFFICER. IT IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION INFORMATION INCLUDING BYLAWS, LIST OF BOARD OF DIRECTORS AND ALL FINANCIAL STATEMENTS ARE AVAILABLE ON WWW.BITSAA.ORG
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0380817
IRS990/TotalAssetsEOYAmt0327395
IRS990/TotalAssetsGrp/BOYAmt0380817
IRS990/TotalAssetsGrp/EOYAmt0327395
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0102181
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.00$1.38$2.01$1.79$0.22
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.00$1.16$1.65$1.22$0.43
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.00$0.73$0.85$0.78$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.00$0.66$0.71$0.69$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.00$0.64$0.50$0.59$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.00$0.73$0.53$0.33$0.20
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.00$0.53$0.41$0.28$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.00$0.40$0.11$0.06$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.00$0.35$0.13$0.11$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$0.11$0.16$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.15$0.04$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.22$0.22$0.00
2012Summary only. Only limited summary data is available for this year.$0.28$0.00$0.28$0.46$0.47$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.00$0.30$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.00$0.16$0.08$0.05$0.03