Civic Intelligence

Advancing Science Worldwide Inc.

990EZ • Fiscal year 2020 • EIN 82-5323815

May 01, 2019 to Apr 30, 2020 • Filed on Aug 12, 2020

Organization Profilewww.aswinc.org
4955 S Quiet WayGilbert, AZ 85298

(602) 935-5165

Siviq Scores

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

Liabilities / Assets

70th percentile

0.05x

Higher debt load relative to assets than 70% of similar nonprofits.

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

Liabilities / Revenue

66th percentile

0.02x

Higher debt load relative to revenue than 66% of similar nonprofits.

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

Net Margin

52nd percentile

6.5%

Higher net margin than 52% 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

20th percentile

-19%

Faster asset growth than 20% of similar nonprofits.

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

Revenue Growth

33rd percentile

-34%

Faster revenue growth than 33% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets70th percentile

Assets

Down

$4,209

Down $984 (-19%) from 2019

Net Assets

Up

$3,987

Up $619 (+18%) from 2019

Liabilities

Down

$222

Down $1,603 (-88%) from 2019

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin52nd percentile

Revenue

Down

$9,498

Down $4,790 (-34%) from 2019

Expenses

Down

$8,879

Down $1,695 (-16%) from 2019

Net Income

Down

$619

Down $3,095 (-83%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$6.0K$4.0K$2.0K$0Assets 2019: $5,193Liabilities 2019: $1,825Net Assets 2019: $3,3682019Assets 2020: $4,209Liabilities 2020: $222Net Assets 2020: $3,9872020Assets 2021: $5,527Liabilities 2021: $0Net Assets 2021: $5,5272021

Highlighted filing

2020

Assets$4,209
Liabilities$222
Net Assets$3,987
Open 2020 Filing

Operations Trend

Revenue Growth33rd percentile

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

$15K$10K$5.0K$0Revenue 2019: $14,288Expenses 2019: $10,574Net Income 2019: $3,7142019Revenue 2020: $9,498Expenses 2020: $8,879Net Income 2020: $6192020Revenue 2021: $9,603Expenses 2021: $8,063Net Income 2021: $1,5402021

Highlighted filing

2020

Revenue$9,498
Expenses$8,879
Net Income$619
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2019 to Apr 30, 2020
Signed
Aug 12, 2020
Return Version
2019v5.0
Gross Receipts
$9,498
Mission and Program Overview

Mission

The primary exempt purpose of Advancing Science Worldwide Inc is to increase access to research information and knowledge of science in all nations. The organization works to further this purpose by providing to those in need books, journals, facilities, equipment, and other materials that serve a great use in scientific fields among all ages and skill levels.

Program Services

DescriptionGrantsExpenses
$3,154.81 was granted to Empowering Africa Inc to be used to reduce inequities in educational opportunity by utilizing innovative techniques to reduce the burden of poverty on bright, young, and gifted students in Ghana. Empowering Africa Inc plans to use the funds to provide full-tuition scholarships to many students at the Kwame Nkrumah University of Science and Technology. The organization has established a selection committee for this process and is currently accepting applications from eligible students.$3,155$3,155
Granted $3055.62 to FringeFM LLC (a Wyoming limited liability company) to support the podcast, The Disruptors. The purposes of the podcast include advancing scientific and educational knowledge of future technologies with the general public to create a more educated and informed population and inspire mindset and creative shifts in humanity as a whole. Between January 1, 2019 and December 31, 2019, the podcast had 150,590 total downloads and 65,300 YouTube views. It also had 1,220 YouTube subscribers and 350 email list subscribers.$3,056$3,056
In April 2019, as part of our Library Outreach Program, we shipped about 575 books (in the subjects, of science, technology, engineering, and math) to a high school library and a public library in Bulawayo, Zimbabwe to make available to those who visit their libraries. In June 2019, we received confirmation that the school and public library received our shipment. The public library made the books available for other local schools as well. More information about this Library Outreach shipment can be found on our website.$0$1,969
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rithvik MusukuChairman Of The Board Of Directors, President/CEO, And TreasurerPT$0--
Zahir AbdulDirector And Vice-PresidentPT$0--
Pranathi MusukuDirector And Secretary-$0--
Filing and Contact Details

Filer

Filer Name
Advancing Science Worldwide Inc
EIN
82-5323815
Phone
6029355165
Address
4955 S Quiet Way, Gilbert, AZ 85298

Signing Officer

Name
Rithvik Musuku
Title
President/CEO
Phone
3093103328
Signed
2020-08-12
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

“$3154.81 was granted to Empowering Africa Inc, an Illinois not-for-profit corporation located at 1306 Jolene Dr, Bloomington, IL 61704, to be used to reduce inequities in educational opportunity by utilizing innovative techniques to reduce the burden of poverty on bright, young, and gifted students in Ghana. $3055.62 was granted to FringeFM LLC, a Wyoming limited liability company located at 300 Viewpoint Drive, Peachtree City, GA 30269, to be used towards their podcast, The Disruptors, which has the following three main goals: 1. Educating the public on risks and rewards of arising technologies; 2. Selectively advancing technologies, trends and research initiatives; and 3. Creating a longer term, more abundant narrative for our collective future.”

Form 990-EZ, Part I, Line 16

“Description;Amount^Charities Aid Foundation Payment Processing Fees;15|21 T Shirts from Tiny Little Monster for Equipment Donation Program;334|Web Domain Registration Fee for asw dot charity;36|Stickers from Oriental Trading Paid With In Kind Donation from Vendor;25|Arizona Corporation Commission Annual Report Filing Fee;10|Patreon Payment Processing Fees;177|PayPal Payment Processing Fees;1|Stripe Payment Processing Fees;61|President's Volunteer Service Awards for Volunteers;41^Total;700^”

Form 990-EZ, Part II, Line 26

“Description;EOY Amount^American Express Blue Business Cash Card;292|Penguin Random House Credit Line;-54|Simon and Schuster Credit Line;-16^Total;222^”

Raw XML Appendix190 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/TitleTxt0Chairman of the Board of Directors, President/CEO, and Treasurer
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director and Secretary
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IRS990EZ/PrimaryExemptPurposeTxt0The primary exempt purpose of Advancing Science Worldwide Inc is to increase access to research information and knowledge of science in all nations. The organization works to further this purpose by providing to those in need books, journals, facilities, equipment, and other materials that serve a great use in scientific fields among all ages and skill levels.
IRS990EZ/PrintingPublicationsPostageAmt01969
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0In April 2019, as part of our Library Outreach Program, we shipped about 575 books (in the subjects, of science, technology, engineering, and math) to a high school library and a public library in Bulawayo, Zimbabwe to make available to those who visit their libraries. In June 2019, we received confirmation that the school and public library received our shipment. The public library made the books available for other local schools as well. More information about this Library Outreach shipment can be found on our website.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1$3,154.81 was granted to Empowering Africa Inc to be used to reduce inequities in educational opportunity by utilizing innovative techniques to reduce the burden of poverty on bright, young, and gifted students in Ghana. Empowering Africa Inc plans to use the funds to provide full-tuition scholarships to many students at the Kwame Nkrumah University of Science and Technology. The organization has established a selection committee for this process and is currently accepting applications from eligible students.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Granted $3055.62 to FringeFM LLC (a Wyoming limited liability company) to support the podcast, The Disruptors. The purposes of the podcast include advancing scientific and educational knowledge of future technologies with the general public to create a more educated and informed population and inspire mindset and creative shifts in humanity as a whole. Between January 1, 2019 and December 31, 2019, the podcast had 150,590 total downloads and 65,300 YouTube views. It also had 1,220 YouTube subscribers and 350 email list subscribers.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt13155
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt23056
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01969
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TaxImposedOnOrganizationMgrAmt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt08879
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
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IRS990EZ/WebsiteAddressTxt0www.aswinc.org
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0$19 received in fiscal year 2018 from Amazon for affiliate marketing
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0$3154.81 was granted to Empowering Africa Inc, an Illinois not-for-profit corporation located at 1306 Jolene Dr, Bloomington, IL 61704, to be used to reduce inequities in educational opportunity by utilizing innovative techniques to reduce the burden of poverty on bright, young, and gifted students in Ghana. $3055.62 was granted to FringeFM LLC, a Wyoming limited liability company located at 300 Viewpoint Drive, Peachtree City, GA 30269, to be used towards their podcast, The Disruptors, which has the following three main goals: 1. Educating the public on risks and rewards of arising technologies; 2. Selectively advancing technologies, trends and research initiatives; and 3. Creating a longer term, more abundant narrative for our collective future.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^Charities Aid Foundation Payment Processing Fees;15|21 T Shirts from Tiny Little Monster for Equipment Donation Program;334|Web Domain Registration Fee for asw dot charity;36|Stickers from Oriental Trading Paid With In Kind Donation from Vendor;25|Arizona Corporation Commission Annual Report Filing Fee;10|Patreon Payment Processing Fees;177|PayPal Payment Processing Fees;1|Stripe Payment Processing Fees;61|President's Volunteer Service Awards for Volunteers;41^Total;700^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;EOY Amount^American Express Blue Business Cash Card;292|Penguin Random House Credit Line;-54|Simon and Schuster Credit Line;-16^Total;222^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02020-09-22 18:59:49Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Rithvik Musuku
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum03093103328
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ADVANCING SCIENCE WORLDWIDE INC
ReturnHeader/Filer/BusinessNameControlTxt0ADVA
ReturnHeader/Filer/EIN0825323815
ReturnHeader/Filer/PhoneNum06029355165
ReturnHeader/Filer/USAddress/AddressLine1Txt04955 S Quiet Way
ReturnHeader/Filer/USAddress/CityNm0Gilbert
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
ReturnHeader/Filer/USAddress/ZIPCd085298
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt097.124.104.202
ReturnHeader/ReturnTs02020-08-12T13:22:22-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-05-01
ReturnHeader/TaxPeriodEndDt02020-04-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,209
Liabilities
$222
Net assets
$3,987
Revenue
$9,498
Expenses
$8,879
Net income
$619
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$5.53$0.00$5.53$9.60$8.06$1.54
2020Detailed filing. Detailed filing data is available for this year.$4.21$0.22$3.99$9.50$8.88$0.62
2019Detailed filing. Detailed filing data is available for this year.$5.19$1.83$3.37$14.3$10.6$3.71