Blutera Inc
- Assets
- $356.2k
- Revenue
- $159.6k
- Investments
- $334.1k
- Employees
- 0
- Location
- Pleasanton, CA
- Founding
- Data as of
- 12/2023
- EIN
- 87-2850587
Organization Overview
Blutera Inc is located in Pleasanton, CA. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Blutera 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 12/2023, Blutera Inc generated $159.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 38.6% each year . All expenses for the organization totaled $65.1k during the year ending 12/2023. While expenses have increased by 8.5% per year over the past 3 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 |
|---|---|---|---|
Poonam Shah Chairman & CEO | 30 | $24,763 | |
Gina Riccio Chairman | 0 | $0 | |
Mahesh Shah Secretary | 0 | $0 | |
Sanjay Rao President | 0 | $0 | |
Erich Zielonka Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $150,000 |
| Interest on Savings | $4,835 |
| Dividends & Interest | $4,752 |
| 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 | $0 |
| Total Revenue | $159,587 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $24,763 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,230 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $11,771 |
| Printing and publications | $0 |
| Other expenses | $271 |
| Total operating and administrative expenses | $46,185 |
| Contributions, gifts, grants paid | $18,947 |
| Total expenses and disbursements | $65,132 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,144 |
| 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 | $356,213 |
| 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, Blutera Inc has awarded $18,947 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
STUDENTS HELPING HONDURAS KIDS PURPOSE: CHILD ADVOCATES | $2,709 |
BRIGHTER CHILDREN PURPOSE: HELPING CHILDREN | $11,000 |
ASU FOUNDATION PURPOSE: SUPPORT EDUCATIONAL INTERNSHIP PROGRAMS | $5,238 |