Nanosteam Foundation
- Assets
- $2.7m
- Revenue
- $366.4k
- Investments
- $2.2m
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 06/2017
- Data as of
- 12/2021
- EIN
- 81-3697834
Organization Overview
Nanosteam Foundation is located in Palo Alto, CA. The organization was established in 2017. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Nanosteam 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 12/2021, Nanosteam Foundation generated $366.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 18.7% each year . All expenses for the organization totaled $8.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NANOSTEAM FOUNDATION WORKS TO REMEDY THE DEARTH OF WOMEN AND GIRLS IN THE SCIENCES BY INCREASING THEIR ENGAGEMENT AND SUCCESS IN SCIENCE TECHNOLOGY ENGINEERING ARTS AND MATH (STEAM) BY PROVIDING FUNDING FOR EDUCATIONAL PROJECTS LED BY GIRLS AND WOMEN.THE ONGOING COVID-19 PANDEMIC PREVENTED THE FOUNDATION FROM CONDUCTING ORIGINALLY-PLANNED ACTIVITIES IN 2021. CONSEQUENTLY, THE FOUNDATION HAD FEW EXPENDITURES RELATED TO ITS DIRECT CHARITABLE ACTIVITIES DURING THE 2021 TAX YEAR THE FOUNDATION PLANS TO INVITE APPLICANTS FOR THE NEW 2022/2023 NANOGRANTS PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roxanne Velez President/dir | 40 | $0 | |
Elissa Murphy Sec/treas/dir | 30 | $0 | |
Aude Chapuis Director | 0.2 | $0 | |
Elisa Camahort Page Director | 0.2 | $0 | |
Lisa Stone Director | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $252,867 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,729 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $88,778 |
| Capital Gain Net Income | $88,778 |
| Net ST Capital Gain | $13,228 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $366,374 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,000 |
| Depreciation | $0 |
| Occupancy | $1,247 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,504 |
| Total operating and administrative expenses | $8,581 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $8,581 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,672 |
| Savings and temporary cash investments | $33,867 |
| 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 | $3,552 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $503,293 |
| Net Land, buildings, and equipment | $353,997 |
| Other assets | $238 |
| Total assets | $2,664,261 |
| 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 Recieved
Over the last fiscal year, we have identified 1 grants that Nanosteam Foundation has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: FOR GRANT RECIPIENT'S EXEMPT PURPOSES | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mission Graduates San Francisco, CA | $3,883,649 | $11,314,485 |
New Tech Network Inc Napa, CA | $12,877,956 | $13,662,524 |
Oregon State University Bookstore Inc Corvallis, OR | $21,771,941 | $7,845,956 |
D-Veal Corporation Pasadena, CA | $1,060,148 | $8,616,279 |
Interfaith Food Center Santa Fe Springs, CA | $886,631 | $8,408,786 |
Educational Results Partnership Sacramento, CA | $3,391,130 | $3,866,159 |
Caremessage San Francisco, CA | $6,898,629 | $10,594,129 |
Core Districts Sacramento, CA | $6,393,095 | $5,685,377 |
Golden Oak Manor Inc San Rafael, CA | $6,249,784 | $2,003,606 |
Great Schools Oakland, CA | $7,609,862 | $7,265,817 |
Krishnamurti Foundation Of America Ojai, CA | $22,733,615 | $8,821,741 |
North Valley Christian Academy Phoenix, AZ | $21,880,412 | $8,715,772 |