Public Charity

ITSERVE ALLIANCE INC

ITSERVE ALLIANCE INC is a Public Charity headquartered in COPPELL, TX. Financial data from the 2024 filing: $8.0M revenue, $6.6M expenses, $6.5M total assets. IRS filings disclose 7 grants awarded by this foundation, totaling roughly $989K.

EIN: 271870521 COPPELL, TX Chambers of Commerce & Business Leagues NTEE: S41 Latest filing: 2024
Total Revenue$8.0M
Total Expenses$6.6M
Total Assets$6.5M
Grants Given7
Grant Total$989K
Filing Years2019–2024

Mission

TO SERVE AS A SINGLE UNTAMABLE VOICE TO SAFEGUARD INTERESTS OF THE IT CONSULTING AND PRODUCT DEVELOPMENT ORGANIZATIONS. TO ACT AS A STANDARD LANDING PLATFORM FOR IT COMPANIES TO COLLABORATE AND TO FOSTER MUTUAL TRUST AND COOPERATION ACTIVELY. TO HELP NETWORKING WITH ITS MEMBERS IN ALL IT SEGMENTS AND TO PROMOTE BUSINESS GROWTH BY COMMITTING TO HIGH ETHICAL STANDARDS.

Where $100 goes at Itserve Alliance Inc

How Itserve Alliance Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$96 Programs the work itself
$4 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $96 for programs

$86
Membership Fees, Renewal of membership, sponsorships from various vendors, organizing training sessions to the members
89% of program spending
$5
Policy advocacy funds are used for lobbying efforts
6% of program spending
$5
Litigation funds are used mainly to represent with the USCIS on new memos and actions
About 5% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Abhishek Boyanapally
GOVERNING BOARD CHAIRMAN Amar Varada
Vice President Anju Vallabhaneni
Director Ashok Dandamudi
GOVERNING BOARD MEMBER Devendar Aerrabolu
GOVERNING BOARD MEMBER Gopi Kandukuri

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$972,195 5 grants
Public Safety & Disaster Relief
$17,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $8.0M $6.6M $6.5M
2023 $7.5M $6.4M $5.2M
2022 $5.7M $5.5M $3.4M
2020 $2.0M $1.2M $2.3M
2019 $1.8M $1.4M $1.5M

Between 2019 and 2024, reported annual revenue grew from $1.8M to $8.0M (+334%), with total assets most recently reported at $6.5M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in TX, VA.

TXVA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for ITSERVE ALLIANCE INC

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