Institute For Global Education Equality Of Opportunity And Prosperity Inc

EIN: 550610012 501(c)(3) Education

Rockville, MD

Total Revenue
$58,724
Total Expenses
$29,628
Total Assets
$805,230
Net Assets
$805,230
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
MD
Principal Officer
Jagadish Shukla
Phone
3017702130
Tax Period
2020-01-01 to 2020-12-31

Institute For Global Education Equality Of Opportunity And Prosperity Inc, founded in 2006, is a micro nonprofit in the Education sector that reported $59K in total revenue in fiscal year 2020. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $29K, a strong 50% operating margin.

Mission

TO PROMOTE CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES

Program Service Accomplishments

Program 1
Expenses: $15,000

Gave grants to organizations that promote charitable, scientific and educational purposes

Program 2
Expenses: $1,000

Gave grants to organizations that promote charitable, scientific and educational purposes

Program 3
Expenses: $5,000

Gave grants to organizations that promote charitable, scientific and educational purposes

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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 (2020)

Revenue Breakdown

Contributions & Grants $27,400
Program Service Revenue $0
Investment Income $31,324
Other Revenue $0
TOTAL REVENUE $58,724

Expense Breakdown

Grants Paid $24,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $24,000
Other Expenses $5,628
TOTAL EXPENSES $29,628

Year-over-Year Comparison

2020 2019 Change
Revenue $58,724 $53,281 +0.1%
Expenses $29,628 $6,988 +3.2%
Net Income $29,096 $46,293 -0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
N/A

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAGADISH SHUKLA PRESIDENT 010.00
Officer
$0 $0 $0
ANASTASIA SHUKLA SECRETARY 010.00
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
2020 $58,724 $29,628 $805,230 $29,096
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