Public Charity

Summer of Bits Inc

Summer of Bits Inc is a Public Charity headquartered in SHERIDAN, WY. Financial data from the 2022 filing: $690K revenue, $378K expenses, $182K total assets. 3 publicly reported grants to this organization, totaling roughly $50K, appear in IRS filings.

EIN: 883415782 SHERIDAN, WY General Support NTEE: DEFAULT Latest filing: 2022
Total Revenue$690K
Total Expenses$378K
Total Assets$182K
Grant Records3
Funding Total$50K
Filing Years2022

Mission

A. SUMMER OF BITS IS A PROGRAM THAT AIMS TO INTRODUCE AND BRING AWARENESS TO BITCOIN OPEN-SOURCE SOFTWARE DEVELOPMENT AND DESIGN TO THE YOUTH. WE ALSO PROVIDE MENTORSHIP TO OUR MEMBERS TO HELP INSPIRE YOUNG MINDS TO WORK ON BITCOIN DEVELOPMENT. B. BITCOIN DEVELOPMENT PROFESSIONALS AND CONSULTANTS WILL INSTRUCT STUDENTS ACCORDINGLY. IN ADDITION STUDENTS WILL PARTICIPATE AND CONTRIBUTE TO DEVELOPMENT OF OPEN-SOURCE BITCOIN PROJECTS. C. THIS ACTIVITY IS CONDUCTED PREDOMINATELY ONLINE. D. 100 PERCENT OF TOTAL TIME IS ALLOCATED TO THIS ACTIVITY. E. THE ACTIVITY IS FUNDED 100 PERCENT THUS FAR BY GRANTS AND DONATIONS AND 100 PERCENT OF EXPENSES ARE ALLOCATED TO THIS ACTIVITY. F. OUR PURPOSE IS TO HELP DEVELOP THE MINDS OF THE YOUTH THROUGH APPLICATION OF BITCOIN OPEN-SOURCE SOFTWARE DEVELOPMENT. OUR WORK IN NATURE IS CHARITABLE FOR WE ARE MAKING YOUNG INDIVIDUALS MORE AWARE OF AN EMERGING INDUSTRY SO THEY CAN BE MORE SUCCESSFUL IN THEIR FUTURE ENDEAVORS.

Sample Grants Received

2023
Free and Open Source Software Education
$50,000

Showing up to 5 of 3 total records — full history available with membership.

Officers & Directors

President Deepak Kathayat

Officer compensation and complete director data available with membership.

Top Grant Purposes

Free and Open Source Software Education
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2022 $690K $378K $182K

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

See the full picture for Summer of Bits Inc

Complete financials, all 3 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time