Civic Intelligence

Avanti Fellows USA

990EZ • Fiscal year 2013 • EIN 27-3567586

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 24, 2014

Organization Profilewww.avantifellows.org
790 Church Street94114

(415) 508-8362

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.06x

Higher debt load relative to assets than 72% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

82nd percentile

0.10x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

15th percentile

-21%

Higher net margin than 15% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

82nd percentile

$19,530

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 17.7% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

12th percentile

-37%

Faster asset growth than 12% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

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

Source year 2013

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Down

$188,214

Down $112,559 (-37%) from 2012

Net Assets

Down

$176,904

Down $123,444 (-41%) from 2012

Liabilities

Up

$11,310

Up $10,885 (+2561%) from 2012

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin15th percentile

Revenue

$110,437

No earlier filing loaded for comparison.

Expenses

Up

$133,881

Up $92,268 (+222%) from 2012

Net Income

-$23,444

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$800K$600K$400K$200K$0Assets 2012: $300,773Liabilities 2012: $425Net Assets 2012: $300,3482012Assets 2013: $188,214Liabilities 2013: $11,310Net Assets 2013: $176,9042013Assets 2017: $50,689Liabilities 2017: $12,250Net Assets 2017: $38,4392017Assets 2018: $50,689Liabilities 2018: $12,250Net Assets 2018: $38,4392018Assets 2019: $50,688Liabilities 2019: $29,399Net Assets 2019: $21,2892019Assets 2020: $0Net Assets 2020: $02020Assets 2021: $207,024Liabilities 2021: $49,417Net Assets 2021: $157,6072021Assets 2022: $217,255Liabilities 2022: $62,150Net Assets 2022: $155,1052022Assets 2023: $397,877Liabilities 2023: $25,771Net Assets 2023: $372,1062023Assets 2024: $778,974Liabilities 2024: $133,719Net Assets 2024: $645,2552024

Highlighted filing

2013

Assets$188,214
Liabilities$11,310
Net Assets$176,904
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.0M$500K$0-$500KExpenses 2012: $41,6132012Revenue 2013: $110,437Expenses 2013: $133,881Net Income 2013: -$23,4442013Revenue 2017: $48Expenses 2017: $27,623Net Income 2017: -$27,5752017Revenue 2018: $02018Revenue 2019: $0Expenses 2019: $17,150Net Income 2019: -$17,1502019Revenue 2020: $02020Revenue 2021: $251,800Expenses 2021: $94,193Net Income 2021: $157,6072021Revenue 2022: $117,426Expenses 2022: $119,928Net Income 2022: -$2,5022022Revenue 2023: $493,251Expenses 2023: $276,251Net Income 2023: $217,0002023Revenue 2024: $979,795Expenses 2024: $706,654Net Income 2024: $273,1412024

Highlighted filing

2013

Revenue$110,437
Expenses$133,881
Net Income-$23,444
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 24, 2014
Return Version
2013v3.1
Gross Receipts
$110,437
Mission and Program Overview

Mission

To help meritorious students from poor homes in india and other developingcountries prepare for competitive entrance tests during high school, gainadmission to the best colleges in their country and perform well academically andprofessionally during their undergraduate years.

Avantis Learning Centers provide low-income high-school students a world-class science and mathematics education.

Program Services

DescriptionGrantsExpenses
Avantis Learning Centers provide low-income high-school students a world-class science and mathematics education. Our centers have no trained teachers and very little conventional lecturing. In their place, we focus on teaching students how to learn from books and their peers resources that are more abundant, accessible and consistent in quality. Over the past year, weve shown that our students perform at par with some of the most expensive after-school programs in the country. Last year over 6,000 students took our entrance exam for 150 spots. This year, we will test over 10,000 students to fill 300 spots in our program.We run stand-alone centers in Mumbai, Delhi and Kanpur and in-school centers at the Chennai Corporation Schools.$139,413-
Our work is aided by among Indias largest student volunteer organizations for social good. Over 300 student volunteers at the IITs and other top engineering schools spend more than 3 hours a week helping us find low-income students, mentor them and tutor them on weekends.--
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Akshay SaxenaPresidentFT$19,530-$19,530
Krishna RamkumarCEOFT$0--
Eric MazurDirector-$0--
Ashank DesaiDirector-$0--
Amal ParikhDirector-$0--
Matt FlanneryDirector-$0--
Bruce CahanDirector-$0--
Michael McCulloughDirector-$0--
Filing and Contact Details

Filer

EIN
27-3567586
Phone
4155088362

Signing Officer

Name
Akshay Saxena
Title
President
Signed
2014-07-24
Discuss with paid preparer
Yes

Preparer

Preparer
Douglas W Regalia
Phone
9253140390
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $587”

Other Expenses.1002

“Office Expenses $1442”

Other Expenses.1005

“Travel $9882”

Other Expenses.1

“Program Expenses $70627”

Other Expenses.2

“Miscellaneous $5649”

Other Expenses.3

“Professional Development $4350”

Other Expenses.4

“Bank Charges $240”

Other Assets.1006

“Pledges and Grants Receivable - Beginning $250000 Pledges and Grants Receivable - Ending $150000”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $425 Accounts Payable and Accrued Expenses - Ending $11310”

Raw XML Appendix175 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0250000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0150000
IRS990EZ/OtherChangesInNetAssetsAmt0-100000
IRS990EZ/OtherExpensesTotalAmt092777
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IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Our work is aided by among Indias largest student volunteer organizations for social good. Over 300 student volunteers at the IITs and other top engineering schools spend more than 3 hours a week helping us find low-income students, mentor them and tutor them on weekends.
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IRS990EZ/SchoolOperatingInd0false
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IRS990EZ/SubjectToProxyTaxInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $587
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $1442
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $9882
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Program Expenses $70627
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Miscellaneous $5649
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Professional Development $4350
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Bank Charges $240
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
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ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Akshay Saxena
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-07-24
ReturnHeader/Filer/BusinessName/BusinessNameLine10AVANTI FELLOWS USA
ReturnHeader/Filer/BusinessNameControlTxt0AVAN
ReturnHeader/Filer/EIN0273567586
ReturnHeader/Filer/PhoneNum04155088362
ReturnHeader/Filer/USAddress/AddressLine10790 Church Street
ReturnHeader/Filer/USAddress/City0San Francisco
ReturnHeader/Filer/USAddress/State0CA
ReturnHeader/Filer/USAddress/ZIPCode094114
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Regalia & Associates CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10103 Town Country Dr Ste K
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Danville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode094526
ReturnHeader/PreparerPersonGrp/PhoneNum09253140390
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Douglas W Regalia
ReturnHeader/ReturnTs02014-07-24T07:43:57-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$188,214
Liabilities
$11,310
Net assets
$176,904
Revenue
$110,437
Expenses
$133,881
Net income
-$23,444
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.79$1.34$6.45$9.80$7.07$2.73
2023Detailed filing. Detailed filing data is available for this year.$3.98$0.26$3.72$4.93$2.76$2.17
2022Detailed filing. Detailed filing data is available for this year.$2.17$0.62$1.55$1.17$1.20$0.03
2021Detailed filing. Detailed filing data is available for this year.$2.07$0.49$1.58$2.52$0.94$1.58
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.51$0.29$0.21$0.00$0.17$0.17
2018Detailed filing. Detailed filing data is available for this year.$0.51$0.12$0.38$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.51$0.12$0.38$0.00$0.28$0.28
2013Detailed filing. Detailed filing data is available for this year.$1.88$0.11$1.77$1.10$1.34$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.01$0.00$3.00$0.42