Civic Intelligence

Wahid Foundation

990 • Fiscal year 2022 • EIN 87-1752218

Jul 12, 2021 to Jun 30, 2022 • Filed on Oct 31, 2022

Organization Profile
10631 Merriman RdCupertino, CA 95014

(408) 505-4468

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

77th percentile

28%

Higher net margin than 77% 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

Score unavailable

No value available

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

Source year 2022

Revenue Growth

Score unavailable

No value available

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

Source year 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

$6,083

No earlier filing loaded for comparison.

Net Assets

$6,083

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin77th percentile

Revenue

$21,783

No earlier filing loaded for comparison.

Expenses

$15,700

No earlier filing loaded for comparison.

Net Income

$6,083

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.

$10K$5.0K$0Assets 2022: $6,083Liabilities 2022: $0Net Assets 2022: $6,0832022Assets 2023: $4,803Liabilities 2023: $0Net Assets 2023: $4,8032023Assets 2024: $5,327Liabilities 2024: $0Net Assets 2024: $5,3272024Assets 2025: $9,890Liabilities 2025: $0Net Assets 2025: $9,8902025

Highlighted filing

2022

Assets$6,083
Liabilities$0
Net Assets$6,083
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$30K$20K$10K$0-$10KRevenue 2022: $21,783Expenses 2022: $15,700Net Income 2022: $6,0832022Revenue 2023: $22,813Expenses 2023: $24,093Net Income 2023: -$1,2802023Revenue 2024: $15,229Expenses 2024: $14,705Net Income 2024: $5242024Revenue 2025: $20,000Expenses 2025: $15,437Net Income 2025: $4,5632025

Highlighted filing

2022

Revenue$21,783
Expenses$15,700
Net Income$6,083
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 12, 2021 to Jun 30, 2022
Signed
Oct 31, 2022
Return Version
2021v4.2
Gross Receipts
$21,783
Mission and Program Overview

Mission

Scholarships for deserving students. Help low income families with basic necessities. Aid for COVID affected families

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$6,083-
Rtn Earn Endowment Incm Other Fnds-$6,083-
Total Assets$0$6,083▲ $6,083
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$6,083▲ $6,083
Total Liabilities and Net Assets / Fund Balance$0$6,083▲ $6,083
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
Moed WahidPresident
Sara WahidSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$21,783
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$21,783
Change in Net Assets
$6,083
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,700
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$15,700--$15,700
Total Functional Expenses$15,700$0$0$15,700
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
Backup withholding compliance
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

Officer directors etc family relationship Part VI line 2

“All members are family members: spouse and child”

Form 990 governing body review Part VI line 11

“The only review done is by the presient of the non-profit”

Governing documents etc available to public Part VI line 19

“AVAILABLE ON REQUEST”

Filing and Contact Details

Filer

Filer Name
Wahid Foundation
EIN
87-1752218
Address
10631 MERRIMAN RD, Cupertino, CA 95014

Signing Officer

Name
Moeid Wahid
Title
Wahid Foundatio
Phone
4085054468
Signed
2022-10-31
Discuss with paid preparer
Yes

Organization Details

Formed
2021
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Smart Professionals Inc
Address
2023 MANDELAY PLACE, San Jose, CA 95138
Preparer
Perviz M Guardeacpa
Phone
4082388230
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

“These expense could not be categorized elsewhere and so individually listed here”

Raw XML Appendix261 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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IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt021783
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
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IRS990/InitialReturnInd0X
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IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LoanOutstandingInd0false
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IRS990/NoListedPersonsCompensatedInd0X
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IRS990/PartialLiquidationInd0false
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IRS990/PoliticalCampaignActyInd0false
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IRS990/ReconcilationRevenueExpnssAmt06083
IRS990/RelatedEntityInd0false
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IRS990/ScheduleBRequiredInd0false
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IRS990/ScheduleORequiredInd0true
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ONLY REVIEW DONE IS BY THE PRESIENT OF THE NON-PROFIT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE ON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THESE EXPENSE COULD NOT BE CATEGORIZED ELSEWHERE AND SO INDIVIDUALLY LISTED HERE
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/PreparerPersonGrp/PhoneNum04082388230
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PERVIZ M GUARDEACPA
ReturnHeader/ReturnTs02022-11-08T11:29:30-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MOEID
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WAHID
ReturnHeader/TaxPeriodBeginDt02021-07-12
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
$6,083
Liabilities
$0
Net assets
$6,083
Revenue
$21,783
Expenses
$15,700
Net income
$6,083
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.89$0.00$9.89$20.0$15.4$4.56
2024Detailed filing. Detailed filing data is available for this year.$5.33$0.00$5.33$15.2$14.7$0.52
2023Detailed filing. Detailed filing data is available for this year.$4.80$0.00$4.80$22.8$24.1$1.28
2022Detailed filing. Detailed filing data is available for this year.$6.08$0.00$6.08$21.8$15.7$6.08