Excite Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 854059911 ✦ San jose, CA ✦ Designated as a 501(c)(3)

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Overview

What is Excite Foundation?

Excite Foundation is a nonprofit organization that focuses on securing a brighter future for children by providing a college savings program. During the past two years, they have successfully enrolled over 1,200 children, adding an additional 600 this year. Each enrolled child receives a $50 seed deposit to start their college savings account, demonstrating the foundation's commitment to supporting children's higher education aspirations.


Official website here: www.excitefoundation.org

Is Excite Foundation legitimate?

Excite Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Excite Foundation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.excitefoundation.org

What is the mission statement of Excite Foundation?

The Excite Foundation's mission revolves around supporting the higher education of future generations. In the second year of their college savings program, they enrolled 600 new children, increasing the total enrollment to over 1,200. For each child enrolled, a $50 seed deposit is contributed to their college savings account. This initiative aims to provide a financial headstart for these children's future educational needs.


Official website here: www.excitefoundation.org

Who is the CEO of Excite Foundation?

Unavailable


Official website here: www.excitefoundation.org

What is the revenue of Excite Foundation?

Excite Foundation's revenue in 2022 was $165,659.


Official website here: www.excitefoundation.org

Who are the executives of Excite Foundation and what are their salaries?


Here are 5 key members and their salaries:


Brian Dorcy (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hector Espinoza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hogan (Exec Dir, Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Surya Turaga (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vy Nguyen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.excitefoundation.org

Where can I find the form 990EZ for Excite Foundation?

Excite Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.excitefoundation.org

Learn more at the official website: www.excitefoundation.org

Mission Statement of Excite Foundation

Excite Foundation, a nonprofit organization, focuses on securing a brighter future for children by enrolling them in a college savings program. Over the course of two years, the foundation has successfully enrolled over 1,200 children, with each new enrollment receiving a $50 seed deposit in a college savings account. This initiative aims to provide children with the opportunity to pursue higher education and build a solid foundation for their future. The Excite Foundation's mission is to support the aspirations of young individuals and contribute to their future success by investing in their education.

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Impact




October, 2024

Excite Foundation has made a significant impact by supporting families in saving for their children's future education. In its second year of the "College in My Future Children's Savings Program," the foundation successfully added 600 children, bringing total enrollment to over 1,200. Each enrolled child receives a $50 seed deposit in a college savings account, laying the groundwork for their educational aspirations. This initiative not only promotes financial literacy and the importance of saving for college but also fosters a sense of community and shared investment in the future success of children in San Jose, CA.




This information is meant to be a general summary of Excite Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$165,659 (2022)
Expenses
$15,546 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $165,659

Assets and Liabilities:

  • Total Assets: $204,286
  • Total Liabilities: $1,343
  • Net Assets: $202,943

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Organization Details

Main Address

265 CURTNER AVE, SAN JOSE, CA, 95125

NTEE Category

Code: P20 - Human services

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