Civic Intelligence

Avatar Charitable Foundation Inc

990 • Fiscal year 2019 • EIN 27-3429265

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 15, 2020

Organization Profile
10465 Roosevelt Ave Ground FloorCorona, NY 11368

(718) 878-2224

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

$5,482

No earlier filing loaded for comparison.

Net Assets

$5,482

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin99th percentile

Revenue

$5,500

No earlier filing loaded for comparison.

Expenses

$18

No earlier filing loaded for comparison.

Net Income

$5,482

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$6.0K$4.0K$2.0K$0Assets 2019: $5,482Liabilities 2019: $0Net Assets 2019: $5,4822019Assets 2020: $5,606Liabilities 2020: $0Net Assets 2020: $5,6062020Assets 2021: $36Liabilities 2021: $0Net Assets 2021: $362021Assets 2022: $20Liabilities 2022: $0Net Assets 2022: $202022

Highlighted filing

2019

Assets$5,482
Liabilities$0
Net Assets$5,482
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$80K$60K$40K$20K$0-$20KRevenue 2019: $5,500Expenses 2019: $18Net Income 2019: $5,4822019Revenue 2020: $60,000Expenses 2020: $59,876Net Income 2020: $1242020Revenue 2021: $61,500Expenses 2021: $67,070Net Income 2021: -$5,5702021Revenue 2022: $200Expenses 2022: $216Net Income 2022: -$162022

Highlighted filing

2019

Revenue$5,500
Expenses$18
Net Income$5,482
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 15, 2020
Return Version
2019v5.1
Gross Receipts
$5,500
Mission and Program Overview

Mission

Promote Hindu Religion and activites

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$5,482-
Total Assets$0$5,482▲ $5,482
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$5,482-
Total Net Assets Fund Balance$0$5,482▲ $5,482
Total Liabilities and Net Assets / Fund Balance$0$5,482▲ $5,482
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Jay SarkarPresident
Saikrishna ChatakondaSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$5,500
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$5,500
Change in Net Assets
$5,482
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$18
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$18--$18
Total Functional Expenses$18$0$0$18
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

“Stockholders one class”

Form 990 governing body review Part VI line 11

“No review was conducted”

Conflict of interest policy compliance Part VI line 12C

“Conflict of interest policy is available at request”

CEO executive director top management comp Part VI line 15A

“No compensation given to officers or directors”

Governing documents etc available to public Part VI line 19

“All documents available to public upon request”

Filing and Contact Details

Filer

Filer Name
Avatar Charitable Foundation Inc
EIN
27-3429265
Address
10465 Roosevelt Ave Ground Floor, Corona, NY 11368

Signing Officer

Name
Jay Sarkar
Title
President
Phone
7188782224
Signed
2020-07-15
Discuss with paid preparer
No

Organization Details

Formed
2010
Legal Domicile
Ny
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
Dalip Malik CPA
Address
3149 Wilmarth Place, Wantagh, NY 11793
Preparer
Dalip Malik CPA
Phone
5166335229
Raw XML Appendix245 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.

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IRS990/GoverningBodyVotingMembersCnt02
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IRS990/GrossReceiptsAmt05500
IRS990/GroupReturnForAffiliatesInd0false
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IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0Promote Hindu Religion and activites
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesEOYAmt05482
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05482
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Bank Charges
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IRS990/OtherExpensesGrp/TotalAmt018
IRS990/PartialLiquidationInd0false
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IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt05482
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt05500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05500
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt05500
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt05500
IRS990ScheduleA/Total509Grp/TotalAmt05500
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05500
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
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IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-09-23 17:36:50Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Jay Sarkar
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07188782224
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-15
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ReturnHeader/Filer/BusinessNameControlTxt0AVAT
ReturnHeader/Filer/EIN0273429265
ReturnHeader/Filer/USAddress/AddressLine1Txt010465 Roosevelt Ave Ground Floor
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ReturnHeader/FilingSecurityInformation/IPDt02020-07-13
ReturnHeader/FilingSecurityInformation/IPTm017:07:58
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260358543
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03149 Wilmarth Place
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ReturnHeader/PreparerPersonGrp/PhoneNum05166335229
ReturnHeader/PreparerPersonGrp/PreparationDt02020-07-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Dalip Malik CPA
ReturnHeader/ReturnTs02020-07-11T13:18:45-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,482
Liabilities
$0
Net assets
$5,482
Revenue
$5,500
Expenses
$18
Net income
$5,482
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.20$0.22$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$61.5$67.1$5.57
2020Detailed filing. Detailed filing data is available for this year.$5.61$0.00$5.61$60.0$59.9$0.12
2019Detailed filing. Detailed filing data is available for this year.$5.48$0.00$5.48$5.50$0.02$5.48
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • <$500k nonprofits