To promote innovation, cultural exchange and charitable activities to strengthen the communities.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$89K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $65K a year · 36% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$89K
to officers and key staff · 49% of spending
Concern: pay to officers and key staff is 49% of spending; over 30%.
Pt VII · Sec A
25 mo
of spending, in cash
Looks good: 25.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $35
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$5K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$184K
-45% vs prior year
Spent
$181K
To programs
77%
Net assets
$371K
By yearFY2020–FY2025
Revenue
$184K
FY2025▼ -45%
Tap a bar for its year
Revenue by fiscal year
FY2020$9K
FY2021$89K
FY2022$169K
FY2023$289K
FY2024$333K
FY2025$184K
Expenses
$181K
FY2025▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2020$0
FY2021$22K
FY2022$121K
FY2023$173K
FY2024$185K
FY2025$181K
Net assets
$371K
FY2025▲ +0.9%
Tap a bar for its year
Net assets by fiscal year
FY2020$9K
FY2021$56K
FY2022$104K
FY2023$220K
FY2024$368K
FY2025$371K

From the FY2025 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $139K Management & general 23% · $42K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990; $89K paid to officers and key staff.

Part VII, Section A · reportable compensation
$88,652Pt VII · Sec A

Aung Khant Nyar’s $89K as Director is at the 62nd percentile of top reported officer pay among 312 $100K–1M science & technology nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024
Aung Khant Nyar$88,652$120,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Rnd4impact INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Fosters innovation, cultural exchange, and charity to build stronger communities.

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Provided by the organization

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1 program · $139K · in their own filed words · FY2025
01

Received smaller contributions from various donors to promote cultural exchange in the community and help students develop their professional skills

$139Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$35

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$184K
Ln 12
Gifts and grantsLn 1h$183K
Investment incomeLn 3$911
Money outPt IX
$181K
Ln 25
Programscol B$139K
Managementcol C$42K
Owns and owesPt X
$371K
net assets · Ln 32
Cash and savingsLn 1–2$376K
Total assetsLn 16$376K
LiabilitiesLn 26$5K
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$183K
Investment incomeLn 3$911
Total revenueLn 12$184K
Assets in detailPt X, end of year
SavingsLn 2$376K
Cash and savings togetherLn 1–2$376K
Total assetsLn 16$376K
LiabilitiesLn 26$5K
Net assetsLn 32$371K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$372K$376K
Total assetsLn 16$372K$376K
LiabilitiesLn 26$4K$5K
Net assetsLn 32$368K$371K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$89K$89K
Other employee benefitsLn 9$42K$42K
Payroll taxesLn 10$7K$7K
Legal feesLn 11b$28K$28K
Office expensesLn 13$14K$14K
OccupancyLn 16$708$708
Total functional expensesLn 25$181K$139K$42K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $184K$181K$3K$371K 990 PDF
FY2024 $333K$185K$148K$368K 990 PDF
FY2023 $289K$173K$116K$220K 990 PDF
FY2022 $169K$121K$48K$104K 990 PDF
FY2021 $89K$22K$66K$56K 990 PDF
FY2020 $9K$0$9K$9K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $184,100 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $326,511$183,189
I-9 Program service revenue$0
I-10 Investment incomePrior year $6,738$911
I-11 Other revenue$0
I-12 Total revenuePrior year $333,249$184,100
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $146,525$137,989
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $38,895$42,841
I-18 Total expensesPrior year $185,420$180,830
I-19 Revenue less expensesPrior year $147,829$3,270
Part VI · Governance 0 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $184,100 across 5 lines filed
VIII-1f All other contributions, gifts and grants$183,189
VIII-1h Total contributions, gifts and grants$183,189
VIII-3 Investment incomeRelated to mission $911$911
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $911 · Unrelated business $0 · Excluded from tax $0$184,100
Part IX · Statement of functional expenses $180,830 across 6 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $88,652$88,652
IX-9 Other employee benefitsPrograms $42,022$42,022
IX-10 Payroll taxesPrograms $7,315$7,315
IX-11b Legal feesManagement $28,109$28,109
IX-13 Office expensesManagement $14,024$14,024
IX-16 OccupancyPrograms $708$708
IX-25 Total functional expensesPrograms $138,697 · Management $42,133 · Fundraising $0$180,830
Part X · Balance sheet $376,390 assets, 7 lines filed
X-2 Savings and temporary cash investmentsStart of year $372,012$376,390
X-16 Total assetsStart of year $372,012$376,390
X-17 Accounts payable and accrued expensesStart of year $2,164$3,272
X-25 Other liabilitiesStart of year $1,937$1,937
X-26 Total liabilitiesStart of year $4,101$5,209
X-32 Total net assets or fund balancesStart of year $367,911$371,181
X-33 Total liabilities and net assetsStart of year $372,012$376,390
Part XI · Reconciliation of net assets $371,181 net assets at year end
XI-1 Total revenue$184,100
XI-2 Total expenses$180,830
XI-3 Revenue less expenses$3,270
XI-4 Net assets at start of year$367,911
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$371,181

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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