Civic Intelligence

Bitsaa International Inc.

990 • Fiscal year 2018 • EIN 22-3835037

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

1560 Sunnyvale Saratoga Rd Ste 200Sunnyvale, CA 94087

(678) 640-5186

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

85th percentile

32%

Higher net margin than 85% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

84th percentile

32%

Faster asset growth than 84% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

97th percentile

260%

Faster revenue growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$534,080

Up $129,222 (+32%) from 2017

Net Assets

Up

$534,080

Up $129,222 (+32%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$405,126

Up $292,691 (+260%) from 2017

Expenses

Up

$275,904

Up $214,128 (+347%) from 2017

Net Income

Up

$129,222

Up $78,563 (+155%) from 2017

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

2018

Assets$534,080
Liabilities$0
Net Assets$534,080

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

2018

Revenue$405,126
Expenses$275,904
Net Income$129,222
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$405,126
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$252,586$446,708▲ $194,122
Rtn Earn Endowment Incm Other Fnds$252,146$381,368▲ $129,222
Cap Stk Tr Prin Current Funds$152,712$152,712→ $0
Investments in Publicly Traded Securities$152,272$87,372▼ $64,900
Total Assets$404,858$534,080▲ $129,222
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$404,858$534,080▲ $129,222
Total Liabilities and Net Assets / Fund Balance$404,858$534,080▲ $129,222
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$380,519
Program Service Revenue
$0
Investment Income
$24,607
Other Revenue
$0
All Other Contributions
$380,519
Change in Net Assets
$129,222
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$259,126
Other Expenses$16,778
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$257,324--$257,324
Office Expenses$16,778--$16,778
Grants to Domestic Orgs$1,802--$1,802
Total Functional Expenses$275,904$0$0$275,904
International Activity

International Summary

Spending
$257,324

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--$257,324
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 RD STE 200, Sunnyvale, CA 94087

Signing Officer

Name
Ramya Ballamudi
Title
CFO
Phone
6786405186
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ramya Ballamudi
Formed
2002
Legal Domicile
CA
Voting Board Members
20
Independent Board Members
20
Employees
0

Preparer

Firm
Sg Inc CPA
Address
428 S MAIN ST, Milpitas, CA 95035
Preparer
Shweta Garg
Phone
4089421450
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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 INSTITUTE OF TECHNOLOGY AND SCIENCE, PILANI, INDIA and its campuses.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0true
IRS990/NetAssetsOrFundBalancesBOYAmt0404858
IRS990/NetAssetsOrFundBalancesEOYAmt0534080
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt016778
IRS990/OfficeExpensesGrp/TotalAmt016778
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherOrganizationDsc0ALUMNI ASSOC
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0RAMYA BALLAMUDI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0OPERATING EXPENSES INCLUDING OFFICE EXPENSES
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt016778
IRS990/ProgSrvcAccomActy3Grp/Desc0With the support of multiple individual and batch donations, new endowments have been setup to help alumni in need and support students for various projects
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt016550
IRS990/ProgSrvcAccomActy3Grp/GrantAmt016550
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Batch funds initiated for 1986, 1989 and 1993 batchesSetup new scholarships to support students based on merit and financial needs, across all campuses of BITS Pilani.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt06969
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt06969
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0102930
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt040976
IRS990/PYInvestmentIncomeAmt09505
IRS990/PYOtherExpensesAmt020800
IRS990/PYRevenuesLessExpensesAmt050659
IRS990/PYTotalExpensesAmt061776
IRS990/PYTotalRevenueAmt0112435
IRS990/ReconcilationRevenueExpnssAmt0129222
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0252146
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0381368
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0252586
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0446708
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0380519
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0102930
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0130896
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0102181
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0126580
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0843106
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt012445
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04776
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02262
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02995
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt022478
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97400
IRS990ScheduleA/PublicSupportPY170Pct00.97890
IRS990ScheduleA/PublicSupportTotal170Amt0843106
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0380519
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0102930
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0130896
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0102181
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0126580
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0843106
IRS990ScheduleA/TotalSupportAmt0865584
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/RegionTotalExpendituresAmt0257324
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0South Asia
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0BITSAA GRANTED FUNDS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program services
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0235607
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt0NONE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0BITSAA MAKES GRANTS TO BITS PILANI
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0South Asia
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0Fair market value
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt0257324
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TotalOtherOrgCnt01
IRS990ScheduleF/TotalSpentAmt0257324
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/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0404858
IRS990/TotalAssetsEOYAmt0534080
IRS990/TotalAssetsGrp/BOYAmt0404858
IRS990/TotalAssetsGrp/EOYAmt0534080
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0380519
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0275904
IRS990/TotalFunctionalExpensesGrp/TotalAmt0275904
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0404858
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0534080
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt06969

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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
2018Detailed filing. Detailed filing data is available for this year.$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
Peer Organizations

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