Agami INC EIN 73-1683721

Agami INC FY2022 filing

EIN  73-1683721 Public charity (501(c)(3)) Fremont, CA Founded 2003
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports education in Bangladesh by aiding schools, training teachers, and improving teaching methods.
Leadership
Zahangir Kabir · Director
Money in and out
$436K revenue, $411K expenses
Bottom line
96% program efficiency

Supports education in Bangladesh by aiding schools, training teachers, and improving teaching methods. For fiscal year 2022 it reported $436K in revenue, $411K in expenses, and $352K in net assets.Pt I

Where the money goes · FY2022
Total revenue
$436K
Pt VIII · Ln 12
Total expenses
$411K
Pt IX · Ln 25
Net assets
$352K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $24K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04
Program efficiency
96%
of spending reaches programs
Operating runway
9.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+6%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$436K
FY2022▼ -3%
Expenses
$411K
FY2022▲ +20%
Total assets
$353K
FY2022▲ +8%
Total liabilities
$320
FY2022
Total revenue
$436K
Pt VIII · Ln 12
Total expenses
$411K
Pt IX · Ln 25
Net assets
$352K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$24K
Total assetsPt X · Ln 16$353K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

3 program services account for $380K of program spending, described in the organization's own filed words · FY2022.
01

Agami's school program is supporting 3,500 students in 19 schools in 2022. Their program includes teacher salaries and benefits, facilities and maintenance, instructional materials and supplies, transportation, food services, extra curricular activities, etx.

$294Kprogram expense
02

Agami is managing various operations expenses to sustain their programs and activities. Some common expenses are rent and utilities, office expenses, professional development, etc. Agami strives to keep administrative costs as low as possible so that a larger portion of funds can go directly to their mission-related programs and services.

$50Kprogram expense
03

Agami is partnering with learning equity to provide 300 devices to schools, create 200 new video lessons, and introduce a hybrid intervention (online-offline) platform in 24 schools. Agami learning platform is a customized platform that follows NCTB curriculum and can be used for both self learning and classrom activities.

$35Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAgami INC
EINHdr · item D73-1683721
Principal addressHdr · item CFremont, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2003
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q22)
Ruling yearIRS BMFMar 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
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
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants101%$438K
Total revenueLn 12$436K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$395K
Management & general4%$16K
Total functional expensesLn 25$411K

Balance Sheet

Part X · end of year
CashLn 1$321K
Total assetsLn 16$353K
Total liabilitiesLn 26$320
Total net assetsLn 32$352K
Months of cash on handcomputed9.4

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $321K · Operating expenses/yr $411K
9.4 months
Where the money goes
Program services
Program services $395K · Total expenses $411K
96%
Management & General
Management & general $16K · Total expenses $411K
4%
Fundraising
Fundraising $0 · Total expenses $411K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $633 · Solicited contributions (3-yr avg) $373K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $438K · Total revenue $436K
101%
Government reliance
Government grants — · Total revenue $436K
Earned-income share
Program service revenue $0 · Total revenue $436K
0%
Investment reliance
Investment income $-3K · Total revenue $436K
-1%
Program self-sufficiency
Program service revenue $0 · Total expenses $411K
0%
Growth & trend
Revenue growth (YoY)
This year $436K · Prior year $448K
-3%
Net-asset trend (YoY)
End of year $352K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $436K · Expenses $411K
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $353K
Net-asset ratio
Net assets $352K · Total assets $353K
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) $353K
0%
People & payroll
Highest Reported Total Compensation
Individual Zahangir Kabir · Reported title Director · Highest reported compensation $0 · Total expenses $411K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $411K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 4%
Fundraising cost ratio 0%
Revenue growth -3%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
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 7 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
FY2025 (Latest)$293K revenue · ⤓ 990 PDF
FY2024$291K revenue · ⤓ 990 PDF
FY2023$477K revenue · ⤓ 990 PDF
FY2022$436K revenue · viewing · ⤓ 990 PDF
FY2021$448K revenue · ⤓ 990 PDF
FY2020$239K 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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