Civic Intelligence

Skai Foundation

990PF • Fiscal year 2021 • EIN 20-8655454

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 25, 2022

6 Glensheen WayThe Woodlands, TX 77382

(832) 541-4807

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

1st percentile

-0.00x

Higher debt load relative to assets than 1% of similar nonprofits.

2021 filings • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

1st percentile

-0.04x

Higher debt load relative to revenue than 1% of similar nonprofits.

2021 filings • $10M-$25M nonprofits • Source year 2021

Net Margin

65th percentile

25%

Higher net margin than 65% of similar nonprofits.

2021 filings • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

24th percentile

$0

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • $10M-$25M nonprofits • Source year 2021

Asset Growth

42nd percentile

5.8%

Faster asset growth than 42% of similar nonprofits.

2021 filings • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

42nd percentile

7.8%

Faster revenue growth than 42% of similar nonprofits.

2021 filings • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$11,283,498

Up $618,530 (+5.8%) from 2020

Net Assets

Up

$11,310,294

Up $168,930 (+1.5%) from 2020

Liabilities

Up

-$26,796

Up $449,600 (+94%) from 2020

Revenue

Up

$677,595

Up $48,974 (+7.8%) from 2020

Expenses

Up

$508,665

Up $66,119 (+15%) from 2020

Net Income

Down

$168,930

Down $17,145 (-9.2%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0-$5.0MAssets 2011: $1,791,793Liabilities 2011: $0Net Assets 2011: $1,791,7932011Assets 2012: $1,737,293Liabilities 2012: $47,257Net Assets 2012: $1,690,0362012Assets 2013: $3,246,513Liabilities 2013: $12,281Net Assets 2013: $3,234,2322013Assets 2014: $3,746,893Liabilities 2014: $0Net Assets 2014: $3,746,8932014Assets 2015: $5,278,027Liabilities 2015: $76,6602015Assets 2019: $10,652,666Liabilities 2019: -$302,6232019Assets 2020: $10,664,968Liabilities 2020: -$476,396Net Assets 2020: $11,141,3642020Assets 2021: $11,283,498Liabilities 2021: -$26,796Net Assets 2021: $11,310,2942021Assets 2022: $11,300,026Liabilities 2022: $181,759Net Assets 2022: $11,118,2672022Assets 2023: $11,508,504Liabilities 2023: -$65,174Net Assets 2023: $11,573,6782023Assets 2024: $11,526,405Liabilities 2024: $46,261Net Assets 2024: $11,480,1442024

Highlighted filing

2021

Assets$11,283,498
Liabilities-$26,796
Net Assets$11,310,294

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $32,4632011Expenses 2012: $150,4002012Revenue 2013: $1,691,679Expenses 2013: $147,483Net Income 2013: $1,544,1962013Revenue 2014: $941,310Expenses 2014: $428,649Net Income 2014: $512,6612014Revenue 2015: $1,633,067Expenses 2015: $178,593Net Income 2015: $1,454,4742015Revenue 2019: $2,136,518Expenses 2019: $379,072Net Income 2019: $1,757,4462019Revenue 2020: $628,621Expenses 2020: $442,546Net Income 2020: $186,0752020Revenue 2021: $677,595Expenses 2021: $508,665Net Income 2021: $168,9302021Revenue 2022: $112,866Expenses 2022: $304,893Net Income 2022: -$192,0272022Revenue 2023: $806,280Expenses 2023: $350,869Net Income 2023: $455,4112023Revenue 2024: $393,121Expenses 2024: $486,655Net Income 2024: -$93,5342024

Highlighted filing

2021

Revenue$677,595
Expenses$508,665
Net Income$168,930
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 25, 2022
Return Version
2021v4.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SURYA SAHOODirectorPT$0--
KABITA SAHOODirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Skai Foundation
EIN
20-8655454
Phone
8325414807
Address
6 GLENSHEEN WAY, THE WOODLANDS, TX 77382

Signing Officer

Name
Surya Sahoo
Title
Director
Phone
8325414807
Signed
2022-04-25

Preparer

Firm
Stephen L Gray
Address
2002 TIMBERLOCH PL STE 200, SPRING, TX 77380
Preparer
Stephen L Gray
Phone
2813631680
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc16OPERATIONS
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OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1230
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt259611
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt34384
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt41640
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt553005
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt69899
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt7929
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt8133672
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt91500
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt109985
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1111585
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt127177
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt133852
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/BOYBookValueAmt0-626296
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0UNREALIZED APPRECIATION ON SECURITIES
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc1CONTRIBUTED TO SKAI AND THEN SOLD
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt0-126796
TaxesSchedule/TaxesDetail/Amt0544

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