Civic Intelligence

Sivan Fine Arts Academy Inc.

990EZ • Fiscal year 2018 • EIN 45-5334765

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 29, 2019

582 E Home AvePalatine, IL 60074

(847) 915-5235

Siviq Scores

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

Liabilities / Assets

81st percentile

0.14x

Higher debt load relative to assets than 81% of similar nonprofits.

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

Liabilities / Revenue

82nd percentile

0.10x

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

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

Net Margin

82nd percentile

28%

Higher net margin than 82% 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

Score unavailable

No value available

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

Source year 2018

Revenue Growth

Score unavailable

No value available

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

Source year 2018

Assets

$60,793

No earlier filing loaded for comparison.

Net Assets

$52,354

No earlier filing loaded for comparison.

Liabilities

$8,439

No earlier filing loaded for comparison.

Revenue

$84,593

No earlier filing loaded for comparison.

Expenses

$61,073

No earlier filing loaded for comparison.

Net Income

$23,520

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2018: $60,793Liabilities 2018: $8,439Net Assets 2018: $52,3542018Assets 2019: $53,190Liabilities 2019: $8,439Net Assets 2019: $44,7512019Assets 2020: $59,834Liabilities 2020: $8,439Net Assets 2020: $51,3952020Assets 2021: $51,926Liabilities 2021: $8,439Net Assets 2021: $43,4872021Assets 2022: $22,892Liabilities 2022: $8,439Net Assets 2022: $14,4532022Assets 2023: $60,200Liabilities 2023: $8,439Net Assets 2023: $51,7612023Assets 2024: $59,384Liabilities 2024: $8,439Net Assets 2024: $50,9452024

Highlighted filing

2018

Assets$60,793
Liabilities$8,439
Net Assets$52,354

Operations Trend

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

$100K$50K$0-$50KRevenue 2018: $84,593Expenses 2018: $61,073Net Income 2018: $23,5202018Revenue 2019: $76,554Expenses 2019: $84,157Net Income 2019: -$7,6032019Revenue 2020: $21,637Expenses 2020: $14,993Net Income 2020: $6,6442020Revenue 2021: $5,325Expenses 2021: $13,233Net Income 2021: -$7,9082021Revenue 2022: $5,677Expenses 2022: $34,711Net Income 2022: -$29,0342022Revenue 2023: $91,292Expenses 2023: $53,984Net Income 2023: $37,3082023Revenue 2024: $86,132Expenses 2024: $86,948Net Income 2024: -$8162024

Highlighted filing

2018

Revenue$84,593
Expenses$61,073
Net Income$23,520
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 29, 2019
Return Version
2018v3.1
Gross Receipts
$84,593
Mission and Program Overview

Mission

To promote indian fine arts among children living in north america by conducting competitions and concerts.

Program Services

DescriptionGrantsExpenses
TRAINING AND PERFORMANCE AT CLEVELAND: TRAINING OF CHILDREN OF AGE 6-18 YEARS TO PERFORM INDIAN CLASICAL MUSICBENEFITS ABOUT 150 PEOPLE$40,000$25,210
COMPETITIONS AND CONCERTS: CONCERTS TO PROMOTE INDIANFINE ARTS AMONG CHILDREN AT DIFFERENT STATESBENEFITS ABOUT 1000 PEOPLE$38,000$29,150
WORKSHOPS: PROVIDE PERSONAL TRAINING TO PARTICIPATEIN COMPETITIONS AND PERFORMANCE AT CLEVELANDBENEFITS ABOUT 1000 PEOPLE$6,581$4,487
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KARTHIKEYAN SHIVARAMANPresidentPT$0--
ASHOK RAMANISecretaryPT$0--
ANAND ANANDANTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Sivan Fine Arts Academy Inc
EIN
45-5334765
Phone
8479155235
Address
582 E HOME AVE, PALATINE, IL 60074

Signing Officer

Name
Anand Anandan
Title
Treasurer
Phone
8479155235
Signed
2019-04-29

Preparer

Firm
Certified Accounting & Tax Inc
Address
506B ZENITH DR, GLENVIEW, IL 60025-3651
Preparer
Joseph Chamakala CPA
Phone
8473705673
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

Training and performance at cleveland; training and performance; : , , , ; , 20210.

Form 990EZ, Part I, Line 16

TRAVEL 15487.

Form 990EZ, Part I, Line 16

LODGING 2078.

Form 990EZ, Part I, Line 16

CONVEYANCE 933.

Form 990EZ, Part I, Line 16

CAR RENTAL 1088.

Form 990EZ, Part I, Line 16

BANK CHARGES 205.

Form 990EZ, Part II, Line 26

Loan rom promoter loan 8439. 8439.

Raw XML Appendix159 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/BooksInCareOfDetail/PhoneNum08478582367
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PALATINE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ASHOK RAMANI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ANAND ANANDAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt019791
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE INDIAN FINE ARTS AMONG CHILDREN LIVING IN NORTH AMERICA BY CONDUCTING COMPETITIONS AND CONCERTS.
IRS990EZ/ProgramServiceRevenueAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1COMPETITIONS AND CONCERTS: CONCERTS TO PROMOTE INDIANFINE ARTS AMONG CHILDREN AT DIFFERENT STATESBENEFITS ABOUT 1000 PEOPLE
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2WORKSHOPS: PROVIDE PERSONAL TRAINING TO PARTICIPATEIN COMPETITIONS AND PERFORMANCE AT CLEVELANDBENEFITS ABOUT 1000 PEOPLE
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt129150
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt24487
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt061073
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IRS990EZ/TotalRevenueAmt084593
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt084581
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt084581
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
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IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt084581
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt084581
IRS990ScheduleA/TotalSupportAmt084581
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TRAINING AND PERFORMANCE AT CLEVELAND; TRAINING AND PERFORMANCE; : , , , ; , 20210.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRAVEL 15487.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LODGING 2078.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONVEYANCE 933.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CAR RENTAL 1088.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BANK CHARGES 205.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LOAN ROM PROMOTER LOAN 8439. 8439.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ANAND ANANDAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08479155235
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SIVAN FINE ARTS ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0SIVA
ReturnHeader/Filer/EIN0455334765
ReturnHeader/Filer/PhoneNum08479155235
ReturnHeader/Filer/USAddress/AddressLine1Txt0582 E HOME AVE
ReturnHeader/Filer/USAddress/CityNm0PALATINE
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.212.191.89
ReturnHeader/FilingSecurityInformation/IPDt02019-04-29
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm012:44:02
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CERTIFIED ACCOUNTING & TAX INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0506B ZENITH DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLENVIEW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0600253651
ReturnHeader/PreparerPersonGrp/PhoneNum08473705673
ReturnHeader/PreparerPersonGrp/PreparationDt02019-04-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joseph Chamakala CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-04-29T12:44:07-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings