Civic Intelligence

Visa Vel Foundation

990PF • Fiscal year 2021 • EIN 85-4325575

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 20, 2022

Organization Profile
5703 Tiger LaneFrisco, TX 75035

(214) 785-7250

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

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

2021 filings • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

30th percentile

0.00x

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

2021 filings • $1M-$5M nonprofits • Source year 2021

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

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

2021 filings • $1M-$5M nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

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

Source year 2021

Revenue Growth

Score unavailable

No value available

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

Source year 2021

Balance Sheet
Liabilities / Assets31st percentile

Assets

$2,571,002

No earlier filing loaded for comparison.

Net Assets

$2,571,002

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue30th percentileNet Margin99th percentile

Revenue

$2,578,497

No earlier filing loaded for comparison.

Expenses

$7,495

No earlier filing loaded for comparison.

Net Income

$2,571,002

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$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

2021

Assets$2,571,002
Liabilities$0
Net Assets$2,571,002
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this 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

2021

Revenue$2,578,497
Expenses$7,495
Net Income$2,571,002
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 20, 2022
Return Version
2021v4.0
Compensation and Service Providers
Top Officer Pay46th percentile

Employees

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

Filer

Filer Name
Visa Vel Foundation
EIN
85-4325575
Address
5703 TIGER LANE, FRISCO, TX 75035

Signing Officer

Name
Sakthivel Palani Gounder
Title
Trustee
Signed
2022-10-20
Discuss with paid preparer
Yes

Preparer

Firm
Sudha Periasamy CPA Pllc
Address
1112 CARSON DR, ALLEN, TX 75002-1717
Preparer
Sudha Periasamy
Phone
2147857250
Raw XML Appendix174 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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IRS990PF/Organization501c3ExemptPFInd0X
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IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
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IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
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IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
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IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
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IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
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IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
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IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
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OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt0495
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0INDIRECT OTHER PROFESSIONAL FEES
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SAKTHIVEL PALANI GOUNDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VISA VEL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0VISA
ReturnHeader/Filer/EIN0854325575
ReturnHeader/Filer/USAddress/AddressLine1Txt05703 TIGER LANE
ReturnHeader/Filer/USAddress/CityNm0FRISCO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075035
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464586242
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SUDHA PERIASAMY CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01112 CARSON DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALLEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0750021717
ReturnHeader/PreparerPersonGrp/PhoneNum02147857250
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SUDHA PERIASAMY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-11-05T08:49:16-04:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SAKTHIVEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PALANI GOUNDER
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$2,571,002
Liabilities
$0
Net assets
$2,571,002
Revenue
$2,578,497
Expenses
$7,495
Net income
$2,571,002
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$13.7$0.00$13.7$11.3$0.12$11.1
2021Detailed filing. Detailed filing data is available for this year.$2.57$0.00$2.57$2.58$0.01$2.57