IIT MADRAS FOUNDATION

EIN: 471990700 501(c)(3) Human Services

CUPERTINO, CA

Total Revenue
$9,524,469
Total Expenses
$6,098,062
Total Assets
$21,052,617
Net Assets
$18,620,504
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
CA
Principal Officer
ANANDKUMAR R KANNURPATTI
Phone
4086570383
Tax Period
2023-01-01 to 2023-12-31

IIT MADRAS FOUNDATION, founded in 2014, is a community nonprofit in the Human Services sector that reported $9.5M in total revenue in fiscal year 2023. Revenue surged 129% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.4M, a strong 36% operating margin.

Mission

TO PROMOTE EDUCATION, SCIENTIFIC AND TECHNOLOGICAL RESEARCH ACTIVITIES AT "INDIAN INSTITUTE OF TECHNOLOGY MADRAS".

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,898,124
Program Service Revenue $0
Investment Income $626,345
Other Revenue $0
TOTAL REVENUE $9,524,469

Expense Breakdown

Grants Paid $5,846,678
Salaries & Benefits $116,029
Fundraising Expenses $81,065
Program Expenses $5,846,678
Other Expenses $135,355
TOTAL EXPENSES $6,098,062

Year-over-Year Comparison

2023 2022 Change
Revenue $9,524,469 $4,160,031 +1.3%
Expenses $6,098,062 $3,221,498 +0.9%
Net Income $3,426,407 $938,533 +2.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
2
Volunteers
40

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAMAL DUGGIRALA CHAIRMAN 5.00
Director
$0 $0 $0
GIRISH MUCKAI CEO 30.00
Officer Director
$0 $0 $0
ROHINI CHAKRAVARTHY BOARD MEMBER 5.00
Director
$0 $0 $0
MADHAV DURBHA BOARD MEMBER 5.00
Director
$0 $0 $0
RAGHU SUGAVANAM BOARD MEMBER 5.00
Director
$0 $0 $0
RV GUHA BOARD MEMBER 5.00
Director
$0 $0 $0
GDS RAMKUMAR BOARD MEMBER 5.00
Director
$0 $0 $0
MARTI G SUBRAHMANYAM BOARD MEMBER 5.00
Director
$0 $0 $0
RAGHU RENGASWAMY BOARD MEMBER 5.00
Director
$0 $0 $0
MAHESH PANCHAGNULA BOARD MEMBER 5.00
Director
$0 $0 $0
KANNAN GOVINDARAJAN BOARD MEMBER 5.00
Director
$0 $0 $0
DURGA MALLADI BOARD MEMBER 5.00
Director
$0 $0 $0
BALA IYER BOARD MEMBER 5.00
Director
$0 $0 $0
DIWAKAR VISHAKHADATTA Secretary 5.00
Officer
$0 $0 $0
GANESH BALAKRISHNAN CFO 5.00
Officer
$0 $0 $0
SUNIL MENON VP MARKETNG 5.00
Officer
$0 $0 $0
ANANDKUMAR R KANNURPATTI COO 5.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $9,524,469 $6,098,062 $21,052,617 $3,426,407
2022 $4,160,031 $3,221,498 $15,519,151 $938,533
2021 $3,631,249 $3,305,463 $15,544,627 $325,786
2020 $5,670,906 $2,765,007 $14,046,157 $2,905,899
2019 $3,691,155 $2,024,219 $10,138,914 $1,666,936
2018 $4,101,447 $1,298,195 $7,740,893 $2,803,252
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