Civic Intelligence

Avam-Astu Foundation Inc.

990EZ • Fiscal year 2020 • EIN 84-3392237

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 17, 2021

700 Central Expressway Suite 400Allen, TX 75013-8113

(972) 832-7167

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

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

Liabilities / Revenue

55th percentile

0.00x

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

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

Net Margin

87th percentile

46%

Higher net margin than 87% 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

Score unavailable

No value available

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

Source year 2020

Revenue Growth

Score unavailable

No value available

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

Source year 2020

Assets

$16,568

No earlier filing loaded for comparison.

Net Assets

$16,568

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$52,689

No earlier filing loaded for comparison.

Expenses

$28,565

No earlier filing loaded for comparison.

Net Income

$24,124

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.

$30K$20K$10K$0Assets 2020: $16,568Liabilities 2020: $0Net Assets 2020: $16,5682020Assets 2021: $28,697Liabilities 2021: $8,500Net Assets 2021: $20,1972021Assets 2022: $29,660Liabilities 2022: $0Net Assets 2022: $29,6602022Assets 2023: $20,783Liabilities 2023: $0Net Assets 2023: $20,7832023Assets 2024: $23,967Liabilities 2024: $2,712Net Assets 2024: $21,2552024Assets 2025: $17,208Liabilities 2025: $4,108Net Assets 2025: $13,1002025

Highlighted filing

2020

Assets$16,568
Liabilities$0
Net Assets$16,568

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2020: $52,689Expenses 2020: $28,565Net Income 2020: $24,1242020Revenue 2021: $50,401Expenses 2021: $46,772Net Income 2021: $3,6292021Revenue 2022: $37,875Expenses 2022: $28,412Net Income 2022: $9,4632022Revenue 2023: $25,258Expenses 2023: $34,135Net Income 2023: -$8,8772023Revenue 2024: $23,624Expenses 2024: $23,152Net Income 2024: $4722024Revenue 2025: $13,624Expenses 2025: $21,779Net Income 2025: -$8,1552025

Highlighted filing

2020

Revenue$52,689
Expenses$28,565
Net Income$24,124
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 17, 2021
Return Version
2020v4.0
Gross Receipts
$52,689
Mission and Program Overview

Mission

See Schedule O

Program Services

DescriptionGrantsExpenses
See Schedule O-$18,599
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Suresh RadhakrishnanPresident And Treasurer-$0--
Uma SureshSecretary-$0--
Rajat R SureshDirector-$0--
Henry WangDirector-$0--
Philip C BradyDirector-$0--
Sanchay GuptaDirector-$0--
Brooks R ImelDirector-$0--
Alex M LiDirector-$0--
Lucy X LiuDirector-$0--
Abe MinkaraDirector-$0--
Joseph A NunezDirector-$0--
Lindsey M PermarDirector-$0--
Donald W SpringerDirector-$0--
Travis W TreadwellDirector-$0--
Filing and Contact Details

Filer

Filer Name
Avam-astu Foundation Inc
EIN
84-3392237
Address
700 Central Expressway Suite 400, Allen, TX 75013-8113

Signing Officer

Name
Suresh Radhakrishnan
Title
President and T
Phone
9728327167
Signed
2021-02-17
Discuss with paid preparer
Yes

Preparer

Firm
Urich CPAs LLC
Address
15829 Crabbs Branch WaySuite 100, Rockville, MD 20855
Preparer
Stephen A Urich
Phone
8448630915
Supplemental Narrative

Additional Explanations

General explanation attachment

The Foundations Primary Exempt Purpose:Holistic Network for Student Growth and Achievement; In particular, provide scholarships and college counselling for high school students; and create and maintain a sustainable online mentor-mentee network.

List of grants and similar amounts paid Part I line 10

Amount 4,500

Description of other expenses Part I line 16

Description AmountInformation Technology 731Legal Fees 2,122College Counselling 3,000Bank Fees 180

Description of other assets Part II line 24

Category Beginning of Year End of YearAccounts Receivable 1,104 98Prepaid Expenses 45 45

Description of total liabilities Part II line 26

Category Beginning of Year End of YearLoan From Suresh Radhakrishnan 8,705 0

Part II response or note to any other line in Part II

Thae amount of $8,705 loan from Suresh Radhakrishnan is fully paid in 2020.

Part III response or note to any other line in Part III

Program Name and Description:Academic Research and Scholarships: The Foundation provides financial support for college counseling and extracurricular activities for students through their highschool years. It targets needy and deserving first-in-family, college bound students. The pursuit of extracurricular activity provides students with a potential for learning important lifelong attributes such as leadership, team work and time management skills. Additionally, the extracurricular activity can enhance the students chances for obtaining college scholarships. RhinoNet Platform:The Foundations RhinoNet platform is a free of charge discussion forum for high school students and mentors from all walks of life. The RhinoNet is open to high school students and mentors from all professions/careers. The RhinoNet provides high school students with an online discussion forum to seek inspiration, guidance and advice from mentors about their dream colleges, careers as well as common interests. Similarly, mentors can also seek inspiration, guidance and advice from other mentors about higher studies, career changes and future plans.

Raw XML Appendix212 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Foundations Primary Exempt Purpose:Holistic Network for Student Growth and Achievement; In particular, provide scholarships and college counselling for high school students; and create and maintain a sustainable online mentor-mentee network.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Amount 4,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountInformation Technology 731Legal Fees 2,122College Counselling 3,000Bank Fees 180
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearAccounts Receivable 1,104 98Prepaid Expenses 45 45
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Category Beginning of Year End of YearLoan From Suresh Radhakrishnan 8,705 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Thae amount of $8,705 loan from Suresh Radhakrishnan is fully paid in 2020.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Program Name and Description:Academic Research and Scholarships: The Foundation provides financial support for college counseling and extracurricular activities for students through their highschool years. It targets needy and deserving first-in-family, college bound students. The pursuit of extracurricular activity provides students with a potential for learning important lifelong attributes such as leadership, team work and time management skills. Additionally, the extracurricular activity can enhance the students chances for obtaining college scholarships. RhinoNet Platform:The Foundations RhinoNet platform is a free of charge discussion forum for high school students and mentors from all walks of life. The RhinoNet is open to high school students and mentors from all professions/careers. The RhinoNet provides high school students with an online discussion forum to seek inspiration, guidance and advice from mentors about their dream colleges, careers as well as common interests. Similarly, mentors can also seek inspiration, guidance and advice from other mentors about higher studies, career changes and future plans.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Description of total liabilities Part II line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part II response or note to any other line in Part II
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part III response or note to any other line in Part III
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President and T
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ReturnHeader/PreparerPersonGrp/PhoneNum08448630915
ReturnHeader/PreparerPersonGrp/PreparationDt02021-02-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Stephen A Urich
ReturnHeader/ReturnTs02021-02-18T12:39:01-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Suresh
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Radhakrishnan
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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