Bits N Bytes Cybersecurity Education Corp
- Assets
- $52.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Deerfield, IL
- Founding
- 04/2019
- Data as of
- 12/2023
- EIN
- 82-5511886
Organization Overview
Bits N Bytes Cybersecurity Education Corp is located in Deerfield, IL. The organization was established in 2019. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Bits N Bytes Cybersecurity Education Corp 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 12/2023, Bits N Bytes Cybersecurity Education Corp generated $49.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $55.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 5 years. 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 |
|---|---|---|---|
Kshirabdhija Nadarajan Director | 0.25 | $0 | |
Kyla Guru Chairperson & Director | 30 | $25,000 | |
Naganathan Guru President, Treasurer, & Di | 10 | $0 | |
Pranav Guru Secretary & Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,415 |
| Total Program Service Revenue | $6,657 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,079 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,000 |
| Professional fees and other payments to independent contractors | $2,703 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,217 |
| Total expenses | $55,920 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,215 |
| Other assets | $0 |
| Total assets | $52,215 |
| Total liabilities | $21,865 |
| Net assets or fund balances | $30,350 |