Civic Intelligence

Readysetexcel Inc.

990 • Fiscal year 2022 • EIN 83-3195473

Jul 01, 2021 to Jun 30, 2022 • Filed on Oct 12, 2022

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

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

11th percentile

-47%

Higher net margin than 11% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

12th percentile

-42%

Faster asset growth than 12% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

12th percentile

-48%

Faster revenue growth than 12% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$44,915

Down $32,159 (-42%) from 2021

Net Assets

Down

$44,915

Down $32,159 (-42%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin11th percentile

Revenue

Down

$68,325

Down $62,626 (-48%) from 2021

Expenses

Down

$100,484

Down $56,792 (-36%) from 2021

Net Income

Down

-$32,159

Down $5,834 (-22%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth12th 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

2022

Assets$44,915
Liabilities$0
Net Assets$44,915
Open 2022 Filing

Operations Trend

Revenue Growth12th 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

2022

Revenue$68,325
Expenses$100,484
Net Income-$32,159
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 12, 2022
Return Version
2021v4.2
Gross Receipts
$68,325
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
Rtn Earn Endowment Incm Other Fnds$77,074$44,915▼ $32,159
Cash and Non-Interest-Bearing Accounts$77,074$41,040▼ $36,034
Accounts Receivable-$3,875-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$77,074$44,915▼ $32,159
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$77,074$44,915▼ $32,159
Total Liabilities and Net Assets / Fund Balance$77,074$44,915▼ $32,159
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
Maya SrinivasanPresident
Asavari UkidveCTO/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$47,446
Program Service Revenue
$20,879
Investment Income
$0
Other Revenue
$0
All Other Contributions
$47,446
Change in Net Assets
$-32,159
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$92,395
Other Expenses$8,089
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$88,369--$88,369
Payroll Taxes$4,026--$4,026
Fees for Services Other-$2,000-$2,000
Office Expenses-$868-$868
Insurance-$566-$566
Fees for Services Accounting-$500-$500
Other Expenses$209$190-$190
All Other Expenses$185--$185
Total Functional Expenses$93,745$6,739$0$100,484
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
2022-10-12
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 Appendix301 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/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$44,915
Liabilities
$0
Net assets
$44,915
Revenue
$68,325
Expenses
$100,484
Net income
-$32,159
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