Civic Intelligence

Vyo-USA Inc.

990 • Fiscal year 2019 • EIN 27-4029809

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 21, 2020

4 Karen CourtOld Bridge, NJ 08857

(619) 992-0927

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.18x

Higher debt load relative to assets than 63% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

87th percentile

1.12x

Higher debt load relative to revenue than 87% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

95th percentile

66%

Higher net margin than 95% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

69th percentile

11%

Faster asset growth than 69% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

2nd percentile

-74%

Faster revenue growth than 2% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$2,794,997

Up $284,747 (+11%) from 2018

Net Assets

Up

$2,283,996

Up $284,747 (+14%) from 2018

Liabilities

Flat

$511,001

Flat from 2018

Revenue

Down

$456,968

Down $1,324,990 (-74%) from 2018

Expenses

Down

$155,647

Down $824,676 (-84%) from 2018

Net Income

Down

$301,321

Down $500,314 (-62%) from 2018

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2013: $803,045Liabilities 2013: $290,000Net Assets 2013: $513,0452013Assets 2014: $1,018,014Liabilities 2014: $160,000Net Assets 2014: $858,0142014Assets 2015: $1,345,771Liabilities 2015: $251,000Net Assets 2015: $1,094,7712015Assets 2016: $1,365,858Liabilities 2016: $251,000Net Assets 2016: $1,114,8582016Assets 2017: $1,322,512Liabilities 2017: $126,000Net Assets 2017: $1,196,5122017Assets 2018: $2,510,250Liabilities 2018: $511,001Net Assets 2018: $1,999,2492018Assets 2019: $2,794,997Liabilities 2019: $511,001Net Assets 2019: $2,283,9962019Assets 2020: $2,791,602Liabilities 2020: $534,002Net Assets 2020: $2,257,6002020Assets 2021: $4,493,964Liabilities 2021: $1,534,001Net Assets 2021: $2,959,9632021Assets 2022: $5,836,625Liabilities 2022: $2,840,727Net Assets 2022: $2,995,8982022Assets 2023: $5,873,592Liabilities 2023: $2,631,114Net Assets 2023: $3,242,4782023Assets 2024: $6,557,501Liabilities 2024: $2,598,426Net Assets 2024: $3,959,0752024

Highlighted filing

2019

Assets$2,794,997
Liabilities$511,001
Net Assets$2,283,996

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2013: $196,584Expenses 2013: $32,174Net Income 2013: $164,4102013Revenue 2014: $515,557Expenses 2014: $170,588Net Income 2014: $344,9692014Revenue 2015: $543,704Expenses 2015: $306,947Net Income 2015: $236,7572015Revenue 2016: $115,828Expenses 2016: $85,763Net Income 2016: $30,0652016Revenue 2017: $248,988Expenses 2017: $167,334Net Income 2017: $81,6542017Revenue 2018: $1,781,958Expenses 2018: $980,323Net Income 2018: $801,6352018Revenue 2019: $456,968Expenses 2019: $155,647Net Income 2019: $301,3212019Revenue 2020: $225,037Expenses 2020: $251,572Net Income 2020: -$26,5352020Revenue 2021: $1,749,451Expenses 2021: $1,047,188Net Income 2021: $702,2632021Revenue 2022: $1,156,451Expenses 2022: $285,372Net Income 2022: $871,0792022Revenue 2023: $783,470Expenses 2023: $578,395Net Income 2023: $205,0752023Revenue 2024: $1,184,532Expenses 2024: $467,935Net Income 2024: $716,5972024

Highlighted filing

2019

Revenue$456,968
Expenses$155,647
Net Income$301,321
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 21, 2020
Return Version
2019v5.0
Gross Receipts
$456,968
Mission and Program Overview

Mission

To establish youth spiritual centers and temples (haveli), and to start youth spirtual courses. To attempt to imbibe spirituality (dharm-sanskar) in children through spiritual schools.

A religous organization interested in youth development

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,687,836$1,977,335▲ $289,499
Cash and Non-Interest-Bearing Accounts$599,914$765,662▲ $165,748
Loans From Officers Directors$511,001$511,001→ $0
Accounts Receivable$50,000$50,000→ $0
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,510,250$2,794,997▲ $284,747
Other Assets Total$172,500$2,000▼ $170,500
Liabilities
Total Liabilities$511,001$511,001→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,999,249$2,283,996▲ $284,747
Total Net Assets Fund Balance$1,999,249$2,283,996▲ $284,747
Total Liabilities and Net Assets / Fund Balance$2,510,250$2,794,997▲ $284,747

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,050,165-$1,050,165
Buildings$918,133$39,927$958,060
Equipment$9,037$17,519$26,556
Other Land Buildings-$1,750$1,750
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr Bansi ShahChairman
Yamini PatelPresident
Ramesh RakholiaVice Chairman
Dhansukh PatelTrustee
Dr Paulam RanderiaTrustee
Dr Yogesh ParikhTrustee
Gopal KapuriaTrustee
Kirit ShahTrustee
Parool ModiTrustee
Pragi PatelTrustee
Rangesh ShahTrustee
Sunil PatelTrustee
Nilesh MehtaJoint Treasurer
Sammer DesaiLegal Counsel
Chaitanya PatelSecretary
Bharat ShahTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$456,968
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$456,968
Change in Net Assets
$301,321
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$155,647
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
Fees for Services Legal-$33,835-$33,835
Depreciation Depletion$17,919$8,960-$26,879
Travel$9,403$4,701-$14,104
Advertising-$5,621-$5,621
Insurance-$5,324-$5,324
Other Expenses$3,469$1,734-$5,203
Fees for Services Other-$4,010-$4,010
Fees for Services Accounting-$600-$600
All Other Expenses-$583-$583
Total Functional Expenses$86,767$68,880$0$155,647
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$511,001$511,001→ $0
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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

Form 990, Part VI, Line 11B: Form 990 Review Process

Organization's management reviews the 990 prior to filing

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Reviewing the disclosure forms submitted by covered persons and in compiling and maintaining a list of potentially conflicted entities and individuals

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Organization's documents are avaliable to the public upon request

Filing and Contact Details

Filer

Filer Name
Vyo-usa Inc
EIN
27-4029809
Phone
6199920927
Address
4 KAREN COURT, OLD BRIDGE, NJ 08857

Signing Officer

Name
Bharat Shah
Title
Treasurer
Signed
2020-10-21
Discuss with paid preparer
Yes

Organization Details

Formed
2011
Legal Domicile
Nj
Voting Board Members
16
Independent Board Members
0
Employees
0

Preparer

Firm
Bruce A Sostak PC
Address
3309 SANTANA LANE, Plano, TX 75023
Preparer
Bruce a Sostak
Phone
9725670260
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Difference i n depreciation between book and tax = -$16574

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IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt059196
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01687836
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01977335
IRS990/LandBldgEquipCostOrOtherBssAmt02036531
IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0511001
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0511001
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0A RELIGOUS ORGANIZATION INTERESTED IN YOUTH DEVELOPMENT
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01999249
IRS990/NetAssetsOrFundBalancesEOYAmt02283996
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01999249
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02283996
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0172500
IRS990/OtherAssetsTotalGrp/EOYAmt02000
IRS990/OtherChangesInNetAssetsAmt0-16574
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0RELIGIOUS EVENTS EXPENSES
IRS990/OtherExpensesGrp/Desc1BUILDING REPAIRS
IRS990/OtherExpensesGrp/Desc2CALENDAR PROJECT EXPENSES
IRS990/OtherExpensesGrp/Desc3PROPERTY TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03512
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11734
IRS990/OtherExpensesGrp/ProgramServicesAmt039086
IRS990/OtherExpensesGrp/ProgramServicesAmt17023
IRS990/OtherExpensesGrp/ProgramServicesAmt29867
IRS990/OtherExpensesGrp/ProgramServicesAmt33469
IRS990/OtherExpensesGrp/TotalAmt039086
IRS990/OtherExpensesGrp/TotalAmt110535
IRS990/OtherExpensesGrp/TotalAmt29867
IRS990/OtherExpensesGrp/TotalAmt35203
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01396175
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0980323
IRS990/PYProgramServiceRevenueAmt0385783
IRS990/PYRevenuesLessExpensesAmt0801635
IRS990/PYTotalExpensesAmt0980323
IRS990/PYTotalRevenueAmt01781958
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0301321
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt055001
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0972740
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt0141000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt01168741
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0456968
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01396175
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0248988
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0115828
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0543704
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02761663
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0385783
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0385783
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.62870
IRS990ScheduleA/PublicSupportPY509Pct00.65020
IRS990ScheduleA/PublicSupportTotal509Amt01978705
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt055001
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0972740
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0141000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01168741
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0456968
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01781958
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0248988
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0115828
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0543704
IRS990ScheduleA/Total509Grp/TotalAmt03147446
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0456968
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01781958
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0248988
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0115828
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0543704
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03147446
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0918133
IRS990ScheduleD/BuildingsGrp/DepreciationAmt039927
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0958060

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.56$2.60$3.96$1.18$0.47$0.72
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.87$2.63$3.24$0.78$0.58$0.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.84$2.84$3.00$1.16$0.29$0.87
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.49$1.53$2.96$1.75$1.05$0.70
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.79$0.53$2.26$0.23$0.25$0.03
2019Detailed filing. Detailed filing data is available for this year.$2.79$0.51$2.28$0.46$0.16$0.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.51$0.51$2.00$1.78$0.98$0.80
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.32$0.13$1.20$0.25$0.17$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.37$0.25$1.11$0.12$0.09$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.25$1.09$0.54$0.31$0.24
2014Detailed filing. Detailed filing data is available for this year.$1.02$0.16$0.86$0.52$0.17$0.34
2013Detailed filing. Detailed filing data is available for this year.$0.80$0.29$0.51$0.20$0.03$0.16