Cegaana EIN 46-5178306 Form 990 (PDF) Claim this org

Cegaana FY2022 filing

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Connects alumni and students of College of Engineering Guindy (CEG) through scholarships and community building. For fiscal year 2022 it reported $206K in revenue, $44K in expenses, and $300K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Milpitas, CA
Website
www.cegaana.org
Filings
4 on file (2021–2022)
Revenue
$206KFY2022
Expenses
$44K
Net assets
$300K
People
9
Filings
4
Updates
0
More identity details & actions ⌄
EIN  46-5178306 Public charity (501(c)(3)) Milpitas, CA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Connects alumni and students of College of Engineering Guindy (CEG) through scholarships and community building.
Leadership
Sundar Vaidyanathan · President
Money in and out
$206K revenue, $44K expenses
Bottom line
93% program efficiency
Where the money goes · FY2022
Total revenue
$206K
Pt VIII · Ln 12
Total expenses
$44K
Pt IX · Ln 25
Net assets
$300K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $162K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.07
Program efficiency
93%
of spending reaches programs
Operating runway
81.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+79%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$206K
FY2022▲ +38%
Total revenue
$206K
Pt VIII · Ln 12
Total expenses
$44K
Pt IX · Ln 25
Net assets
$300K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$162K
Total assetsPt X · Ln 16$300K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCegaana
EINHdr · item D46-5178306
Principal addressHdr · item CMilpitas, CA
WebsiteHdr · item Jwww.cegaana.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B84)
Ruling yearIRS BMFJan 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Joint Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Cegaana executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $41K of program spending, described in the organization's own filed words · FY2022.
01

Student scholarships for current students of Guindy Engineering College, India

$41Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$206K
Investment income$112
Total revenueLn 12$206K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$41K
Management & general7%$3K
Total functional expensesLn 25$44K

Balance Sheet

Part X · end of year
CashLn 1$300K
Total assetsLn 16$300K
Total liabilitiesLn 26$0
Total net assetsLn 32$300K
Months of cash on handcomputed81.6

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $300K · Operating expenses/yr $44K
81.6 months
Where the money goes
Program services
Program services $41K · Total expenses $44K
93%
Management & General
Management & general $3K · Total expenses $44K
7%
Fundraising
Fundraising $0 · Total expenses $44K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $206K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $206K · Total revenue $206K
100%
Government reliance
Government grants — · Total revenue $206K
Earned-income share
Program service revenue $0 · Total revenue $206K
0%
Investment reliance
Investment income $112 · Total revenue $206K
+0.05%
Program self-sufficiency
Program service revenue $0 · Total expenses $44K
0%
Growth & trend
Revenue growth (YoY)
This year $206K · Prior year $150K
+38%
Net-asset trend (YoY)
End of year $300K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $206K · Expenses $44K
+79%
Liabilities-to-Assets
Total liabilities — · Total assets $300K
Net-asset ratio
Net assets $300K · Total assets $300K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $300K
0%
People & payroll
Highest Reported Total Compensation
Individual Sundar Vaidyanathan · Reported title President · Highest reported compensation $0 · Total expenses $44K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $44K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 7%
Fundraising cost ratio 0%
Revenue growth 38%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 4 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$115K revenue · ⤓ 990 PDF
FY2023$125K revenue · ⤓ 990 PDF
FY2022$206K revenue · viewing · ⤓ 990 PDF
FY2021$150K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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