Civic Intelligence

Saptami Foundation Inc.

990EZ • Fiscal year 2018 • EIN 27-3242386

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

Organization Profile
2240 New College LnPlano, TX 75025

(214) 232-4014

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.17x

Higher debt load relative to assets than 82% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

73rd percentile

0.03x

Higher debt load relative to revenue than 73% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

56th percentile

6.2%

Higher net margin than 56% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

74th percentile

23%

Faster asset growth than 74% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

39th percentile

-6.1%

Faster revenue growth than 39% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Up

$3,802

Up $704 (+23%) from 2017

Net Assets

Up

$3,168

Up $1,345 (+74%) from 2017

Liabilities

Down

$634

Down $641 (-50%) from 2017

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin56th percentile

Revenue

Down

$21,732

Down $1,400 (-6.1%) from 2017

Expenses

Down

$20,387

Down $2,648 (-11%) from 2017

Net Income

Up

$1,345

Up $1,248 (+1287%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

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

$20K$15K$10K$5.0K$0Assets 2014: $1,022Net Assets 2014: $1,0222014Assets 2015: $1,285Net Assets 2015: $1,2852015Assets 2016: $1,726Net Assets 2016: $1,7262016Assets 2017: $3,098Liabilities 2017: $1,275Net Assets 2017: $1,8232017Assets 2018: $3,802Liabilities 2018: $634Net Assets 2018: $3,1682018Assets 2023: $17,826Net Assets 2023: $17,8262023Assets 2024: $15,091Net Assets 2024: $15,0912024

Highlighted filing

2018

Assets$3,802
Liabilities$634
Net Assets$3,168
Open 2018 Filing

Operations Trend

Revenue Growth39th percentile

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

$30K$20K$10K$0-$10KRevenue 2014: $8,592Expenses 2014: $7,570Net Income 2014: $1,0222014Revenue 2015: $9,593Expenses 2015: $9,330Net Income 2015: $2632015Revenue 2016: $22,474Expenses 2016: $22,033Net Income 2016: $4412016Revenue 2017: $23,132Expenses 2017: $23,035Net Income 2017: $972017Revenue 2018: $21,732Expenses 2018: $20,387Net Income 2018: $1,3452018Revenue 2023: $16,916Expenses 2023: $11,711Net Income 2023: $5,2052023Revenue 2024: $15,610Expenses 2024: $18,345Net Income 2024: -$2,7352024

Highlighted filing

2018

Revenue$21,732
Expenses$20,387
Net Income$1,345
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$21,732
Mission and Program Overview

Mission

To Prmote Art Culture among Children through music and dance competition shows, workshop and education

Program Services

DescriptionGrantsExpenses
See - Schedule - O for more information-$20,387
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
K SRIKANTHPresident-$0--
SHRI NIVASVice President-$0--
K ANANDVice President-$0--
Filing and Contact Details

Filer

Filer Name
Saptami Foundation
EIN
27-3242386
Phone
2142324014
Address
2240 NEW COLLEGE LN, PLANO, TX 75025

Signing Officer

Name
Kannan Srikanth
Title
Pres
Signed
2019-11-14
Discuss with paid preparer
No

Preparer

Firm
Rrk Consulting Inc
Address
2448 EAST 81ST STE 4829, TULSA, OK 74137
Preparer
Ram Ramakrishnan
Phone
9184998834
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Travel 5,157”

Form 990-EZ, Part I, Line 16, Other Expenses

“Bank Service charge/Interest 237”

Form 990-EZ, Part I, Line 16, Other Expenses

“Award Supplies 5,994”

Form 990-EZ, Part I, Line 16, Other Expenses

“Program Expense 1,892”

Form 990-EZ, Part I, Line 16, Other Expenses

“Internet 168”

Form 990-EZ, Part II, Line 26, Liabilities

“C C Payable - chase Beginning of year 1,275, End of year 634”

Form 990-EZ, Part III, Line 28

“Saptami Foundation conducted several programs throughout the year promoting art and culture. User base of the programs have reached over 300 children and youth in the field of Classical Music and Dance. The main events that attracted performers are Music Mahotav - Jan 14, 2018 - Whole day program inviting upcoming artists to perform. Total number of performances on that was 12.Raag Dharbar - April 29, 2018 - A collaborative effort to merge two styles of classical art form. Total number of performers 8Saptami Regional Event - Sep 29, 2018 - Yearly regional contest attracted over 200 youths and over 350 people to attend. Saptami Finals - Nov 17, 2018 - Yearly final round contests attracted over 100 youths and over 300 people”

Raw XML Appendix137 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0K SRIKANTH
IRS990EZ/BooksInCareOfDetail/PhoneNum02142324014
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02240 NEW COLLEG LN
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PLANO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075025
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03098
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03802
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01345
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05713
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03098
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03802
IRS990EZ/GrossReceiptsAmt021732
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01823
IRS990EZ/NetAssetsOrFundBalancesEOYAmt03168
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01823
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt03168
IRS990EZ/OccupancyRentUtltsAndMaintAmt0886
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0002.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1002.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2002.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0K SRIKANTH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SHRI NIVAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2K ANAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt013448
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To Prmote Art Culture among Children through music and dance competition shows, workshop and education
IRS990EZ/PrintingPublicationsPostageAmt0340
IRS990EZ/ProgramServiceRevenueAmt021732
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0See - Schedule - O for more information
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt020387
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01275
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0634
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt020387
IRS990EZ/TotalProgramServiceExpensesAmt020387
IRS990EZ/TotalRevenueAmt021732
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt021732
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt023132
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt022474
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt09593
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt08592
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt085523
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt085523
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt021732
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt023132
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt022474
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt09593
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt08592
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt085523
IRS990ScheduleA/TotalSupportAmt085523
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel 5,157
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Bank Service charge/Interest 237
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Award Supplies 5,994
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Program Expense 1,892
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Internet 168
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5C C Payable - chase Beginning of year 1,275, End of year 634
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Saptami Foundation conducted several programs throughout the year promoting art and culture. User base of the programs have reached over 300 children and youth in the field of Classical Music and Dance. The main events that attracted performers are Music Mahotav - Jan 14, 2018 - Whole day program inviting upcoming artists to perform. Total number of performances on that was 12.Raag Dharbar - April 29, 2018 - A collaborative effort to merge two styles of classical art form. Total number of performers 8Saptami Regional Event - Sep 29, 2018 - Yearly regional contest attracted over 200 youths and over 350 people to attend. Saptami Finals - Nov 17, 2018 - Yearly final round contests attracted over 100 youths and over 300 people
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part III, Line 28
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0KANNAN SRIKANTH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRES
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SAPTAMI FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SAPT
ReturnHeader/Filer/EIN0273242386
ReturnHeader/Filer/PhoneNum02142324014
ReturnHeader/Filer/USAddress/AddressLine1Txt02240 NEW COLLEGE LN
ReturnHeader/Filer/USAddress/CityNm0PLANO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075025
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DD028AEB185A510BDB102E130E80D21648426EFA
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DD028AEB185A510BDB102E130E80D21648426EFA
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt023.125.81.102
ReturnHeader/FilingSecurityInformation/IPDt02019-11-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm017:40:18
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RRK CONSULTING INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02448 EAST 81ST STE 4829
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TULSA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd074137
ReturnHeader/PreparerPersonGrp/PhoneNum09184998834
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RAM RAMAKRISHNAN
ReturnHeader/ReturnTs02019-11-14T02:56:19-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,802
Liabilities
$634
Net assets
$3,168
Revenue
$21,732
Expenses
$20,387
Net income
$1,345
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.1$15.1$15.6$18.3$2.74
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.8$17.8$16.9$11.7$5.21
2018Detailed filing. Detailed filing data is available for this year.$3.80$0.63$3.17$21.7$20.4$1.35
2017Detailed filing. Detailed filing data is available for this year.$3.10$1.28$1.82$23.1$23.0$0.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.73$1.73$22.5$22.0$0.44
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$1.29$9.59$9.33$0.26
2014Detailed filing. Detailed filing data is available for this year.$1.02$1.02$8.59$7.57$1.02