Civic Intelligence

Iit Bay Area Alumni

990EZ • Fiscal year 2021 • EIN 82-4112606

Jan 01, 2021 to Dec 31, 2021 • Filed on May 13, 2022

Organization Profilewww.iit-bayarea.org
5339 Prospect Rd Ste 103San Jose, CA 95129

(408) 620-0196

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

87th percentile

51%

Higher net margin than 87% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

57th percentile

11%

Faster asset growth than 57% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2021

Revenue Growth

29th percentile

-24%

Faster revenue growth than 29% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$224,810

Up $41,432 (+23%) from 2019

Net Assets

Up

$224,810

Up $41,432 (+23%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin87th percentile

Revenue

Down

$82,902

Down $60,744 (-42%) from 2019

Expenses

Down

$40,405

Down $167,223 (-81%) from 2019

Net Income

Up

$42,497

Up $106,479 (+166%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

$600K$400K$200K$0Assets 2018: $247,360Liabilities 2018: $0Net Assets 2018: $247,3602018Assets 2019: $183,378Net Assets 2019: $183,3782019Assets 2021: $224,810Net Assets 2021: $224,8102021Assets 2022: $314,838Liabilities 2022: $0Net Assets 2022: $314,8382022Assets 2023: $414,947Liabilities 2023: $0Net Assets 2023: $414,9472023Assets 2024: $456,301Net Assets 2024: $464,9972024

Highlighted filing

2021

Assets$224,810
Liabilities-
Net Assets$224,810
Open 2021 Filing

Operations Trend

Revenue Growth29th percentile

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

$600K$400K$200K$0-$200KRevenue 2018: $410,811Expenses 2018: $163,451Net Income 2018: $247,3602018Revenue 2019: $143,646Expenses 2019: $207,628Net Income 2019: -$63,9822019Revenue 2021: $82,902Expenses 2021: $40,405Net Income 2021: $42,4972021Revenue 2022: $260,698Expenses 2022: $170,670Net Income 2022: $90,0282022Revenue 2023: $252,977Expenses 2023: $152,868Net Income 2023: $100,1092023Revenue 2024: $176,880Expenses 2024: $126,830Net Income 2024: $50,0502024

Highlighted filing

2021

Revenue$82,902
Expenses$40,405
Net Income$42,497
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 13, 2022
Return Version
2021v4.0
Gross Receipts
$82,902
Mission and Program Overview

Mission

CHARITABLE & EDUCATIONAL

Program Services

DescriptionGrantsExpenses
CHARITABLE & EDUCATIONAL$40,405$82,885
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rao CharagondlaCFO-$0--
Amit GuptaCEO-$0--
Rao CharagondlaCFO-$0--
Amina SarwatSecretary-$0--
Suparna KumarBoard Member-$0--
Bidyut ParruckBoard Member-$0--
Dipty DesaiBoard Member-$0--
Hrishikesh SathwaneBoard Member-$0--
Ishita SharanBoard Member-$0--
Lochan AlaghBoard Member-$0--
Nidhi KannoujiaBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Iit Bay Area Alumni
EIN
82-4112606
Phone
4086200196
Address
5339 PROSPECT RD STE 103, SAN JOSE, CA 95129

Signing Officer

Name
Rao Charagondla
Title
CFO
Signed
2022-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Chugh Cpas Llp
Address
15925 Carmenita Rd, Cerritos, CA 90703
Preparer
Kislay Banka
Phone
5622291220
Supplemental Narrative

Additional Explanations

Other Revenue.1

“$17”

Other Expenses.1002

“Office Expenses $286”

Other Expenses.1007

“Conferences, Conventions, and Meetings $36203”

Other Expenses.1

“web design $2839”

Other Expenses.2

“Bank Charges $277”

Raw XML Appendix185 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/BooksInCareOfDetail/PhoneNum04086420788
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SAN JOSE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd095129
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0182313
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IRS990EZ/CostOfGoodsSoldAmt00
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IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt042497
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Rao Charagondla
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Amit Gupta
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Rao Charagondla
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Amina Sarwat
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Suparna Kumar
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Bidyut Parruck
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Dipty Desai
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Hrishikesh Sathwane
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Ishita Sharan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Lochan Alagh
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10Nidhi Kannoujia
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt039605
IRS990EZ/OtherRevenueTotalAmt017
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CHARITABLE & EDUCATIONAL
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CHARITABLE & EDUCATIONAL
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt040405
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt082885
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt040405
IRS990EZ/TotalProgramServiceExpensesAmt040405
IRS990EZ/TotalRevenueAmt082902
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0www.iit-bayarea.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt082885
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt082885
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt017
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01128
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01145
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt017
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01128
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01145
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt082885
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt082885
IRS990ScheduleA/Total509Grp/TotalAmt082885
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt082902
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01128
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt084030
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0$17
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $286
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conferences, Conventions, and Meetings $36203
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3web design $2839
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bank Charges $277
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Rao Charagondla
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IIT BAY AREA ALUMNI
ReturnHeader/Filer/BusinessNameControlTxt0IITB
ReturnHeader/Filer/EIN0824112606
ReturnHeader/Filer/PhoneNum04086200196
ReturnHeader/Filer/USAddress/AddressLine1Txt05339 PROSPECT RD STE 103
ReturnHeader/Filer/USAddress/CityNm0SAN JOSE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095129
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472202224
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHUGH CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015925 Carmenita Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Cerritos
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090703
ReturnHeader/PreparerPersonGrp/PhoneNum05622291220
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kislay Banka
ReturnHeader/ReturnTs02022-05-13T15:23:29-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Rao
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Charagondla
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$224,810
Liabilities
-
Net assets
$224,810
Revenue
$82,902
Expenses
$40,405
Net income
$42,497
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.56$4.65$1.77$1.27$0.50
2023Detailed filing. Detailed filing data is available for this year.$4.15$0.00$4.15$2.53$1.53$1.00
2022Detailed filing. Detailed filing data is available for this year.$3.15$0.00$3.15$2.61$1.71$0.90
2021Detailed filing. Detailed filing data is available for this year.$2.25$2.25$0.83$0.40$0.42
2019Detailed filing. Detailed filing data is available for this year.$1.83$1.83$1.44$2.08$0.64
2018Summary only. Only limited summary data is available for this year.$2.47$0.00$2.47$4.11$1.63$2.47