Bitsaa International Inc

Organization Overview

Bitsaa International Inc is located in Sunnyvale, CA. The organization was established in 2002. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, 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. Bitsaa International Inc 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 12/2021, Bitsaa International Inc generated $712.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.4% each year . All expenses for the organization totaled $693.5k during the year ending 12/2021. While expenses have increased by 23.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ENGAGE IN EDUCATIONAL AND CHARITABLE ACTIVITIES BY RAISING FUNDS FOR SETTING UP ENDOWMENTS, 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.

Describe the Organization's Program Activity:

Part 3 - Line 4a

APPCAIR PALAKURTHI - TRANSFERRED TO BITS PILANI CAMOURS TO SUPPORT STUDENTS FOR VARIOUS PROJECTS


PEROT JAIN DONATION FOR INCUBATION AND INNOVATION CENTER IN PILANI CAMPUS AND TRANSFERRED TO CAMPUS IN INDIA - $201600


WITH THE SUPPORT OF MULTIPLE INDIVIDUAL AND BATCH DONATIONS, NEW ENDOWMENTS HAVE BEEN SETUP TO HELP ALUMNI IN NEED AND SUPPORT STUDENTS FOR VARIOUS PROJECTS


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Board, Officers & Key Employees

Name (title)Compensation
Sai Prameela Konduru
CEO
$0
Harsh Bhargava
Chairperson
$0
Neeti Pokharna
COO
$0
Rajesh Chelapurath
Cio
$0
Nishank Varshney
CFO
$0
Ganpy Nataraj
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$692,981
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$692,981
Total Program Service Revenue$0
Investment income $19,829
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 $712,810

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Bitsaa International Inc has recieved totaling $157,530.

Awarding OrganizationAmount
The@sarah And Ross Perot Jr Foundation

Dallas, TX

PURPOSE: HUMANITARIAN

$105,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$50,564
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$1,030
Rajdeepa Family Private Foundation

Bellaire, TX

PURPOSE: CHARITY

$525
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$216
Mckesson Foundation

Dallas, TX

PURPOSE: CHARITABLE

$195
View Grant Recipient Profile

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