Gmxu Foundation
- Assets
- $8.0k
- Revenue
- $239.0
- Investments
- $5.5k
- Employees
- 0
- Location
- Sunnyvale, CA
- Founding
- 01/2009
- Data as of
- 07/2023
- EIN
- 26-3257942
Organization Overview
Gmxu Foundation is located in Sunnyvale, CA. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gmxu Foundation 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 07/2023, Gmxu Foundation generated $239.0 in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $4.0k during the year ending 07/2023. While expenses have increased by 2.1% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jian MA President & CEO | 1 | $0 | |
Lan Xu Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $228 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $11 |
| Total Revenue | $239 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $1,311 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $2,378 |
| Contributions, gifts, grants paid | $1,655 |
| Total expenses and disbursements | $4,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,881 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,500 |
| Net Land, buildings, and equipment | $656 |
| Other assets | $0 |
| Total assets | $8,037 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $520 |
| Total liabilities | $520 |
Grants Awarded
Over the last fiscal year, Gmxu Foundation has awarded $1,655 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
WIKIMEDIA PURPOSE: TO BRING FREE EDUCATIONAL CONTENT TO THE WORLD AND STRIVES TO BRING ABOUT A WORLD IN WHICH EVERY SINGLE HUMAN BEING CAN FREELY SHARE IN THE SUM OF ALL KNOWLEDGE. | $1,040 |
HARKER SCHOOL PURPOSE: TO DEVELOP LIFELONG LEARNERS AND WELL-ROUNDED GLOBAL CITIZENS. | $500 |
GOFUNDME PURPOSE: TURKEY EARTHQUAKE RELIEF. | $115 |