Civic Intelligence

Visa Vel Foundation

EIN 85-4325575 • Frisco, TX

Pub. 78 Eligible
13185 Juliet WayFrisco, TX 75035
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

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

$10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

20th percentile

0.00x

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

$10M-$25M nonprofits • Source year 2022

Net Margin

98th percentile

99%

Higher net margin than 98% of similar nonprofits.

$10M-$25M nonprofits • Source year 2022

Top Officer Pay

25th percentile

$0

Higher top officer pay than 25% of similar nonprofits.

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

$10M-$25M nonprofits • Source year 2022

Asset Growth

99th percentile

433%

Faster asset growth than 99% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

96th percentile

337%

Faster revenue growth than 96% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Up

$13,713,144

Up $11,142,142 (+433%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Up

$13,713,144

Up $11,142,142 (+433%) from 2021

Revenue

Up

$11,266,142

Up $8,687,645 (+337%) from 2021

Expenses

Up

$124,000

Up $116,505 (+1554%) from 2021

Net Income

Up

$11,142,142

Up $8,571,140 (+333%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2021: $2,571,002Liabilities 2021: $0Net Assets 2021: $2,571,0022021Assets 2022: $13,713,144Liabilities 2022: $0Net Assets 2022: $13,713,1442022

Highlighted filing

2022

Assets$13,713,144
Liabilities$0
Net Assets$13,713,144

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0Revenue 2021: $2,578,497Expenses 2021: $7,495Net Income 2021: $2,571,0022021Revenue 2022: $11,266,142Expenses 2022: $124,000Net Income 2022: $11,142,1422022

Highlighted filing

2022

Revenue$11,266,142
Expenses$124,000
Net Income$11,142,142

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 11, 2023
Return Version
2022v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SAKTHIVEL PALANI GOUNDERTrustee-$0--
VIDHYA RASUTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Visa Vel Foundation
EIN
85-4325575
Phone
9729000270
Address
13185 JULIET WAY, FRISCO, TX 75035

Signing Officer

Name
Sakthivel Palani Gounder
Title
Trustee
Phone
9729000270
Signed
2023-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Sudha Periasamy CPA Pllc
Address
1112 CARSON DR, ALLEN, TX 75002-1717
Preparer
Sudha Periasamy
Phone
2147857250
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