Civic Intelligence

Techwadi Inc

990EZ • Fiscal year 2020 • EIN 51-0574570

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

712 Waverley StPalo Alto, CA 94031

(650) 784-8313

Siviq Scores

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

Liabilities / Assets

89th percentile

0.57x

Higher debt load relative to assets than 89% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

83rd percentile

0.20x

Higher debt load relative to revenue than 83% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

46th percentile

2.7%

Higher net margin than 46% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

84th percentile

74%

Faster asset growth than 84% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

36th percentile

-30%

Faster revenue growth than 36% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$67,147

Up $28,481 (+74%) from 2019

Net Assets

Up

$29,096

Up $5,242 (+22%) from 2019

Liabilities

Up

$38,051

Up $23,239 (+157%) from 2019

Revenue

Down

$194,593

Down $83,963 (-30%) from 2019

Expenses

Down

$189,351

Down $127,070 (-40%) from 2019

Net Income

Up

$5,242

Up $43,107 (+114%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2011: $30,715Liabilities 2011: $0Net Assets 2011: $30,7152011Assets 2012: $39,687Liabilities 2012: $0Net Assets 2012: $39,6872012Assets 2013: $147,678Liabilities 2013: $0Net Assets 2013: $147,6782013Assets 2014: $283,809Liabilities 2014: $57,307Net Assets 2014: $226,5022014Assets 2015: $190,473Liabilities 2015: $13,399Net Assets 2015: $177,0742015Assets 2016: $128,841Liabilities 2016: $114,633Net Assets 2016: $14,2082016Assets 2017: $79,403Liabilities 2017: $147,685Net Assets 2017: -$68,2822017Assets 2018: $143,184Liabilities 2018: $81,465Net Assets 2018: $61,7192018Assets 2019: $38,666Liabilities 2019: $14,812Net Assets 2019: $23,8542019Assets 2020: $67,147Liabilities 2020: $38,051Net Assets 2020: $29,0962020Assets 2021: $47,304Liabilities 2021: $35,071Net Assets 2021: $12,2332021Assets 2022: $66,826Liabilities 2022: $34,102Net Assets 2022: $32,7242022Assets 2023: $71,452Liabilities 2023: $62,996Net Assets 2023: $8,4562023Assets 2024: $71,636Liabilities 2024: $34,311Net Assets 2024: $37,3252024

Highlighted filing

2020

Assets$67,147
Liabilities$38,051
Net Assets$29,096

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $19,322Expenses 2011: $53,090Net Income 2011: -$33,7682011Revenue 2012: $38,508Expenses 2012: $29,536Net Income 2012: $8,9722012Revenue 2013: $453,559Expenses 2013: $262,137Net Income 2013: $191,4222013Revenue 2014: $363,561Expenses 2014: $295,233Net Income 2014: $68,3282014Revenue 2015: $284,815Expenses 2015: $323,907Net Income 2015: -$39,0922015Revenue 2016: $252,368Expenses 2016: $415,058Net Income 2016: -$162,6902016Revenue 2017: $243,250Expenses 2017: $325,739Net Income 2017: -$82,4892017Revenue 2018: $406,173Expenses 2018: $276,172Net Income 2018: $130,0012018Revenue 2019: $278,556Expenses 2019: $316,421Net Income 2019: -$37,8652019Revenue 2020: $194,593Expenses 2020: $189,351Net Income 2020: $5,2422020Revenue 2021: $71,518Expenses 2021: $88,381Net Income 2021: -$16,8632021Revenue 2022: $97,837Expenses 2022: $77,346Net Income 2022: $20,4912022Revenue 2023: $9,646Expenses 2023: $33,915Net Income 2023: -$24,2692023Revenue 2024: $54,087Expenses 2024: $25,217Net Income 2024: $28,8702024

Highlighted filing

2020

Revenue$194,593
Expenses$189,351
Net Income$5,242
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$194,593
Mission and Program Overview

Mission

To provide incubation, mentorship, education, and assistance in fund raising to young business and social entrepreneurs from the middle east and north africa who are living in the united states and abroad

To provide incubation, mentorship, education, and assistance in fundraising to young business and social entrepreneurs from the middle east andnorth africa, who are living in the united states and abroad.

Program Services

DescriptionGrantsExpenses
ALL OTHER ACCOMPLISHMENT - GRANTS TO PROVIDE INCUBATION, MENTORSHIP, EDUCATION, AND ASSISTANCE IN FUND RAISING TO YOUNG BUSINESS AND SOCIAL ENTREPRENEURS FROM THE MIDDLE EAST AND NORTH AFRICA, WHO ARE LIVING IN THE UNITED STATES AND ABROAD.$31,775-
GRANTS TO PROVIDE INCUBATION, MENTORSHIP, EDUCATION, AND ASSISTANCE IN FUNDRAISING TO YOUNG BUSINESS AND SOCIAL ENTREPRENEURS FROM THE MIDDLE EAST ANDNORTH AFRICA WHO ARE LIVING IN THE UNITED STATES AND ABROAD$25,921-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MEHDI ALHASSANICFOPT$0--
SHARIF EL-BADAWIChairmanPT$0--
MAY HABIBBoard MemberPT$0--
ANAS OSMANBoard MemberPT$0--
NOOR SWEIDBoard MemberPT$0--
HOSSAM TEWFIKBoard MemberPT$0--
YASMEEN TURAYHIBoard MemberPT$0--
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Ahmad Amr HassaneinRelated PartyContractor FeesNo-
Filing and Contact Details

Filer

Filer Name
Techwadi Inc
EIN
51-0574570
Address
712 WAVERLEY ST, PALO ALTO, CA 94031

Signing Officer

Name
Mehdi Alhassani
Title
CFO
Signed
2021-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Escalon Tax Services
Address
2345 Yale Street 1st Floor, Palo Alto, CA 94306
Preparer
Anjum Tunuli
Phone
6503482993
Supplemental Narrative

Additional Explanations

Other Expenses.1

Conferences, Conventions $25921

Other Expenses.2

Advertising and Promotion $9048

Other Expenses.3

Information Technology $5069

Other Expenses.4

Office Expenses $2993

Other Expenses.5

Insurance $2260

Other Expenses.6

Depreciation $477

Other Expenses.7

meals/entertainment $104

Other Expenses.8

Travel $23

Other Assets.1003

Machinery and Equipment - Beginning $656 Machinery and Equipment - Ending $179

Other Assets.1005

Accounts Receivable - Beginning $7500 Accounts Receivable - Ending $16000

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $2028 Prepaid Expenses and Deferred Charges - Ending $1244

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $3022 Accounts Payable and Accrued Expenses - Ending $1806

Total Liabilities.1

ACCRUED VACATION/SICK - Beginning $11790 ACCRUED VACATION/SICK - Ending $2245

Total Liabilities.2

Unsecured Notes and Loans Payable - Beginning $0 Unsecured Notes and Loans Payable - Ending $34000

Raw XML Appendix196 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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IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0SCHEDULE L, PART V - ADDITIONAL INFORMATIONTRANSACTIONS WITH AHMAD AMR HASSANEIN ARE FOR REGULAR WEB DESIGN AND WEBMAINTENANCE SERVICES PROVIDED TO TECHWADI, INC. AHMAD AMR HASSANEIN IS THENEPHEW OF DR. OSSAMA HASSANEIN, FORMER BOARD MEMBER AND OFFICER OFTECHWADI, INC.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Conferences, Conventions $25921
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $9048
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $5069
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.34$0.37$0.54$0.25$0.29
2023Detailed filing. Detailed filing data is available for this year.$0.71$0.63$0.08$0.10$0.34$0.24
2022Detailed filing. Detailed filing data is available for this year.$0.67$0.34$0.33$0.98$0.77$0.20
2021Detailed filing. Detailed filing data is available for this year.$0.47$0.35$0.12$0.72$0.88$0.17
2020Detailed filing. Detailed filing data is available for this year.$0.67$0.38$0.29$1.95$1.89$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.39$0.15$0.24$2.79$3.16$0.38
2018Detailed filing. Detailed filing data is available for this year.$1.43$0.81$0.62$4.06$2.76$1.30
2017Detailed filing. Detailed filing data is available for this year.$0.79$1.48$0.68$2.43$3.26$0.82
2016Detailed filing. Detailed filing data is available for this year.$1.29$1.15$0.14$2.52$4.15$1.63
2015Detailed filing. Detailed filing data is available for this year.$1.90$0.13$1.77$2.85$3.24$0.39
2014Detailed filing. Detailed filing data is available for this year.$2.84$0.57$2.27$3.64$2.95$0.68
2013Summary only. Only limited summary data is available for this year.$1.48$0.00$1.48$4.54$2.62$1.91
2012Summary only. Only limited summary data is available for this year.$0.40$0.00$0.40$0.39$0.30$0.09
2011Summary only. Only limited summary data is available for this year.$0.31$0.00$0.31$0.19$0.53$0.34