Tesc Family Foundation
- Assets
- $111.9k
- Revenue
- $57.6k
- Investments
- $29.6k
- Employees
- 0
- Location
- Los Gatos, CA
- Founding
- 08/2014
- Data as of
- 11/2023
- EIN
- 46-4276532
Organization Overview
Tesc Family Foundation is located in Los Gatos, CA. The organization was established in 2014. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tesc Family 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 11/2023, Tesc Family Foundation generated $57.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 35.7% each year . All expenses for the organization totaled $3.2k during the year ending 11/2023. While expenses have increased by 10.3% 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shufang Wu President | 0 | $0 | |
Tony Chiang CFO | 0 | $0 | |
Tony Chiang Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $790 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $54,767 |
| Capital Gain Net Income | $54,767 |
| Net ST Capital Gain | $54,767 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $57,557 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11 |
| Depreciation | $548 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $301 |
| Total operating and administrative expenses | $1,935 |
| Contributions, gifts, grants paid | $1,250 |
| Total expenses and disbursements | $3,185 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,660 |
| 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 | $0 |
| Net Land, buildings, and equipment | $645 |
| Other assets | $0 |
| Total assets | $111,862 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Tesc Family Foundation has awarded $1,250 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SECOND HARVEST OF SILICON VALLEY PURPOSE: LEAD OUR COMMUNITY TO ENSURE THAT ANYONE WHO NEEDS A HEALTHY MEAL CAN GET ONE. | $1,100 |
LOS GATOS HIGH SCHOOL PURPOSE: TO RELEVANT ANDENGAGING LEARNING EXPERIENCES; STUDENT WELLNESS, BALANCE AND BELONGING; AND CREATING A CULTURE OF COLLABORATION AND INNOVATION. | $150 |