Institute Of Cubergy Interactions Ici Inc
- Assets
- $2.6m
- Revenue
- $382.3k
- Investments
- $2.6m
- Employees
- 0
- Location
- Irvine, CA
- Founding
- 04/2016
- Data as of
- 12/2021
- EIN
- 47-4214093
Organization Overview
Institute Of Cubergy Interactions Ici Inc is located in Irvine, CA. The organization was established in 2016. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & 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. Institute Of Cubergy Interactions Ici 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, Institute Of Cubergy Interactions Ici Inc generated $382.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (21.2%) each year.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS IS THE FOUNDATION'S INITIAL YEAR OF OPERATIONS. IT DID NOT ENGAGE IN ANY DIRECT CHARITABLE ACTIVITIES DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elim Kay Director | 0.25 | $0 | |
Cindy Economy Secretary | 2.5 | $0 | |
Steeve Kay President/ceo | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $67 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $382,211 |
| Capital Gain Net Income | $382,211 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $382,278 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,853 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $85 |
| Total operating and administrative expenses | $73,410 |
| Contributions, gifts, grants paid | $90,000 |
| Total expenses and disbursements | $163,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,433 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $2,589,447 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $60,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $13,400 |
| Other liabilities | $0 |
| Total liabilities | $73,400 |
Grants Awarded
Over the last fiscal year, Institute Of Cubergy Interactions Ici Inc has awarded $120,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Newport Beach, CA PURPOSE: GENERAL OPERATING SUPPORT | $90,000 |
Rohnert Park, CA PURPOSE: GENERAL OPERATING SUPPORT | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
California School Boards Association West Sacramento, CA | $20,596,502 | $19,484,567 |
Clark County Education Association Las Vegas, NV | $9,610,154 | $9,258,447 |
American Federation Of Teachers Lc 6361 San Francisco, CA | $2,978,110 | $8,081,042 |
California Association For Bilingual Education Walnut, CA | $8,277,202 | $6,094,460 |
Nevada State Education Association Las Vegas, NV | $3,615,920 | $4,845,245 |
Fund For Portland Public Schools Portland, OR | $3,364,436 | $3,238,281 |
California Teachers Association Economic Benefits Trust Burlingame, CA | $165,814,137 | $17,454,519 |
San Diego Education Association San Diego, CA | $3,000,891 | $2,995,523 |
California Library Association Pasadena, CA | $1,987,404 | $2,763,613 |
Debbie Allen Dance Inc Los Angeles, CA | $25,620,452 | $12,139,925 |
California It In Education Sacramento, CA | $2,831,192 | $2,707,740 |
Music Teachers Association Of California Walnut Creek, CA | $2,327,527 | $2,654,962 |