ITKAN INSTITUTE OF TECHNOLOGY INC

EIN: 874355957 501(c)(3) Education

Richardson, TX

Total Revenue
N/A
Total Expenses
N/A
Total Assets
$139,972
Net Assets
$139,972
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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
2022
Legal Domicile
TX
Tax Period
2023-01-01 to 2023-12-31

Mission

The vision of ITKAN is to inspire youth in STEM by introducing them to FIRST, an internationally renowned STEM-learning robotics program focused on education, training, coaching, and mentoring.

Program Service Accomplishments

Program 1

First Robotics Competition (FRC 9128):2023 Galileo Division Rookie All Star Award @ FIRST World Championship Galileo Championship Division Highest Rookie Seed @ FIRST World Championship District...

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First Robotics Competition (FRC 9128):2023 Galileo Division Rookie All Star Award @ FIRST World Championship Galileo Championship Division Highest Rookie Seed @ FIRST World Championship District Championship Finalist Rookie All Star Award @ FIRST in Texas (FIT) District Championship Highest Rookie Seed @ FIRST in Texas (FIT) District Championship Rookie All Star Award @ FIRST in Texas (FIT) District Waco Event Highest Rookie Seed @ FIRST in Texas (FIT) District Waco Event Rookie All Inspiration Award @ FIRST in Texas (FIT) District Fort Worth Event District Event Finalist @ FIRST in Texas (FIT) District Fort Worth Event First Tech Challenge:2023 - FTC 19564: Inspire Award and $1.9 Million in Scholarship from Regis University @ Colorado Central Metro Qualifier Winning Alliance - 2nd Team Selected @ Colorado Central Metro Qualifier Inspire Award 3rd Place @ Colorado State Championship Connect Award @ Colorado State Championship Think Award @ TX-North X^2 Tournament Connect Award 2nd Place @ TX-North X^2 Tournament Inspire Award 2nd Place @ TX-North Semi-Regional NORTH Think Award @ TX-North Semi-Regional NORTH Promote Award @ TX-North Regional Championship Compass Award @ TX-North Regional Championship Think Award @ TX-North Regional Championship and Advanced to TX State Championship Deans List Finalist @ TX-North Regional Championship Inspire Award 3rd Place @ Alabama State Championship 2023 - FTC 21330: Finalist Alliance - Captain @ TX-North B&T Tournament Innovate Award 2nd Place @ TX-North B&T Tournament Design Award@ TX-North B&T Tournament Winning Alliance - 1st Team Selected @ New Mexico Regional Championship Innovate Award 2nd Place @ New Mexico Regional Championship Inspire Award 2nd Place @ New Mexico FTC Qualifier Winning Alliance - Captain @ New Mexico FTC Qualifier Think Award 3rd Place @ New Mexico FTC Qualifier Connect Award @ New Mexico FTC Qualifier Inspire Award 2nd Place@ TX-North Semi-Regional SOUTH Think Award@ TX-North Semi-Regional SOUTH Winning Alliance - 2nd Team Selected @ TX-North Regional Championship and Advanced to TX State Championship 2023 - FTC 21171: Inspire Award 2nd Place @ TX-North C&N Tournament Winning Alliance - 1st Team Selected @ TX-North C&N Tournament Think Award @ TX-North C&N Tournament Winning Alliance - Captain @ Colorado Central Metro Qualifier Control Award 2nd Place @ Colorado Central Metro Qualifier Innovate Award 3rd Place @ Colorado State Championship Think Award 2nd Place @ Alabama State Championship Winning Alliance 2nd Team Selected @ Alabama State Championship

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $246,436 -1.0%
Expenses N/A $125,712 -1.0%
Net Income N/A $120,724 N/A
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
N/A
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
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GAZALA MEMON DIRECTOREDUCATION 0.00
Officer
$0 $0 $0
HAJIRA KOWSER OUTREACH DIRECTOR 0.00
Officer
$0 $0 $0
ALTAF HUSSAIN OUTREACH DIRECTOR 0.00
Officer
$0 $0 $0
MOHAMMED EBEIDA FOUNDER & CEO 0.00
Officer
$0 $0 $0
LAMA ABU AMARA INFORMATION TECHNOLOGY DIRECT 0.00
Officer
$0 $0 $0
MOHAMMED MAZNAVI JALEEL FINANCE DIRECTOR 0.00
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
2024 No data No data No data No data
2023 No data No data $139,972 No data
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