Civic Intelligence

Readysetexcel Inc.

990 • Fiscal year 2021 • EIN 83-3195473

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 11, 2021

Organization ProfileREADYSETEXCEL.ORG
1330 Greenwood AvenuePalo Alto, CA 94301

(650) 380-4089

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

19th percentile

-20%

Higher net margin than 19% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

85th percentile

$22,000

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 16.8% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

16th percentile

-25%

Faster asset growth than 16% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

65th percentile

25%

Faster revenue growth than 65% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$77,074

Down $26,325 (-25%) from 2020

Net Assets

Down

$77,074

Down $26,325 (-25%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin19th percentile

Revenue

Up

$130,951

Up $26,451 (+25%) from 2020

Expenses

Up

$157,276

Up $119,639 (+318%) from 2020

Net Income

Down

-$26,325

Down $93,188 (-139%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

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

$150K$100K$50K$0Assets 2020: $103,399Liabilities 2020: $0Net Assets 2020: $103,3992020Assets 2021: $77,074Liabilities 2021: $0Net Assets 2021: $77,0742021Assets 2022: $44,915Liabilities 2022: $0Net Assets 2022: $44,9152022Assets 2023: $51,025Liabilities 2023: $0Net Assets 2023: $51,0252023Assets 2024: $55,395Liabilities 2024: $0Net Assets 2024: $55,3952024Assets 2025: $17,691Liabilities 2025: $0Net Assets 2025: $17,6912025

Highlighted filing

2021

Assets$77,074
Liabilities$0
Net Assets$77,074
Open 2021 Filing

Operations Trend

Revenue Growth65th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2020: $104,500Expenses 2020: $37,637Net Income 2020: $66,8632020Revenue 2021: $130,951Expenses 2021: $157,276Net Income 2021: -$26,3252021Revenue 2022: $68,325Expenses 2022: $100,484Net Income 2022: -$32,1592022Revenue 2023: $73,438Expenses 2023: $67,328Net Income 2023: $6,1102023Revenue 2024: $5,475Expenses 2024: $1,105Net Income 2024: $4,3702024Revenue 2025: $12,000Expenses 2025: $40,244Net Income 2025: -$28,2442025

Highlighted filing

2021

Revenue$130,951
Expenses$157,276
Net Income-$26,325
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 11, 2021
Return Version
2020v4.1
Gross Receipts
$130,951
Mission and Program Overview

Mission

Our goal is to empower every student to become confident and successful in high school math and science. We work with educators to diagnose knowledge gaps in students, thereby providing them with detailed information that can help them focus their lesson plans.

Student empowerment and stem success for all students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$102,499$77,074▼ $25,425
Rtn Earn Endowment Incm Other Fnds$103,399$77,074▼ $26,325
Accounts Receivable$900--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$103,399$77,074▼ $26,325
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$103,399$77,074▼ $26,325
Total Liabilities and Net Assets / Fund Balance$103,399$77,074▼ $26,325
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Maya SrinivasanPresidentFT$22,000$22,000
Asavari UkidveCTO/treasurerPT$22,000$22,000
Revenue and Support

Revenue Composition

Contributions and Grants
$127,701
Program Service Revenue
$3,250
Investment Income
$0
Other Revenue
$0
All Other Contributions
$127,701
Change in Net Assets
$-26,325
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$137,528
Other Expenses$19,748
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$85,070--$85,070
Current Officers, Directors, Trustees, and Key Employees$44,000--$44,000
Fees for Services Legal-$9,780-$9,780
Payroll Taxes$8,458--$8,458
Office Expenses-$1,556-$1,556
Insurance-$609-$609
Fees for Services Accounting-$500-$500
Other Expenses$1,227$130-$130
Total Functional Expenses$140,279$16,997$0$157,276
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“There are no subcommittees that can act on behalf of the board of directors”

Form 990, Part VI, Section B, Line 11B

“The organization's governing body was provided with an electronic copy of the return for review and comment before filing.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents are available for public inspection on the organization's website. The organization's form 990's are available through links provided on the organization's website.”

Filing and Contact Details

Filer

Filer Name
Readysetexcel Inc
EIN
83-3195473
Phone
6503804089
Address
1330 GREENWOOD AVENUE, PALO ALTO, CA 94301

Signing Officer

Name
Maya Srinivasan
Title
President
Phone
6503804089
Signed
2021-10-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maya Srinivasan
Formed
2019
Legal Domicile
De
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Arxis Financial Inc
Address
2468 TAPO CANYON ROAD, SIMI VALLEY, CA 93063
Preparer
Chris Boynton CPA
Phone
8053067890
Raw XML Appendix297 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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ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$77,074
Liabilities
$0
Net assets
$77,074
Revenue
$130,951
Expenses
$157,276
Net income
-$26,325
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.12$0.40$0.28
2024Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$0.05$0.01$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.73$0.67$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$0.68$1.00$0.32
2021Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$1.31$1.57$0.26
2020Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$1.05$0.38$0.67