Civic Intelligence

A2Sv Foundation

990 • Fiscal year 2022 • EIN 87-4111271

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 10, 2023

Organization ProfileA2SV.ORG
739 Waverley StreetPalo Alt, CA 94301

(470) 846-9962

Siviq Scores

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

Liabilities / Assets

34th percentile

0.02x

Higher debt load relative to assets than 34% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

28th percentile

0.01x

Higher debt load relative to revenue than 28% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

97th percentile

88%

Higher net margin than 97% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

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 / Assets34th percentile

Assets

$896,178

No earlier filing loaded for comparison.

Net Assets

$881,825

No earlier filing loaded for comparison.

Liabilities

$14,353

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue28th percentileNet Margin97th percentile

Revenue

$1,000,013

No earlier filing loaded for comparison.

Expenses

$118,188

No earlier filing loaded for comparison.

Net Income

$881,825

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.

$2.0M$1.5M$1.0M$500K$0Assets 2022: $896,178Liabilities 2022: $14,353Net Assets 2022: $881,8252022Assets 2022: $1,993,507Liabilities 2022: $170,070Net Assets 2022: $1,823,4372022Assets 2023: $1,605,714Liabilities 2023: $39,654Net Assets 2023: $1,566,0602023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2022

Assets$896,178
Liabilities$14,353
Net Assets$881,825
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2022: $1,000,013Expenses 2022: $118,188Net Income 2022: $881,8252022Revenue 2022: $2,010,617Expenses 2022: $187,180Net Income 2022: $1,823,4372022Revenue 2023: $1,249,363Expenses 2023: $1,506,740Net Income 2023: -$257,3772023Revenue 2024: $1,408,589Expenses 2024: $1,561,074Net Income 2024: -$152,4852024

Highlighted filing

2022

Revenue$1,000,013
Expenses$118,188
Net Income$881,825
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$1,000,013
Mission and Program Overview

Mission

A2SV is a non-profit tech academy and incubator that educates top university students to create digital solutions that address critical challenges across Africa.

A2sv is a social enterprise that enables high-potential university students to create digital solutions to africas most pressing problems. We upskill high-potential university students, connect them with internship interviews at the worlds top tech companies, and create digital solutions to urgent problems in their home countries together. The program is free for students, making the opportunity available for youth who have talent but lack the means to use it. A2svs rigorous three-month training program prepares students for internships with companies like google, palantir, and linkedin. The internships give students the experience they need to design and build products that improve the quality of life in africa. We are unlike any other programming academy because we permanently incorporate students ventures under the umbrella of the organization, going beyond training to deliver concrete impact. Offering students an ecosystem to actualize their ideas means that up-and-coming developer

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$896,178-
Total Assets$0$896,178▲ $896,178
Liabilities
Unsecured Notes Loans Payable-$10,604-
Other Liabilities-$3,749-
Total Liabilities$0$14,353▲ $14,353
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$881,825-
Total Net Assets Fund Balance$0$881,825▲ $881,825
Total Liabilities and Net Assets / Fund Balance$0$896,178▲ $896,178
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Emre VarolHead of Acad
Revenue and Support

Revenue Composition

Contributions and Grants
$1,000,013
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,000,013
Change in Net Assets
$881,825
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$81,807
Other Expenses$36,381
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$80,787--$80,787
Office Expenses$28,604--$28,604
Fees for Services Accounting$3,750--$3,750
Fees for Services Legal$3,095--$3,095
Payroll Taxes$1,020--$1,020
Travel$597--$597
Advertising$245--$245
Other Expenses$90--$90
Total Functional Expenses$118,188$0$0$118,188
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$3,749
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

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
A2sv Foundation
EIN
87-4111271
Phone
4708469962
Address
739 WAVERLEY STREET, PALO ALT, CA 94301
Doing Business As
Africa to Silicone Valley

Signing Officer

Name
Emre Varol
Title
Head of Academy
Phone
4708469962
Signed
2023-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Emre Varol
Formed
2021
Legal Domicile
CA
Voting Board Members
0
Independent Board Members
0
Employees
1

Preparer

Firm
Tony H Tarabay CPA
Address
555 VETERANS BLVD SUITE 100, REDWOOD CITY, CA 94063
Preparer
Tony H Tarabay CPA
Phone
6505510530
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“A2sv is a social enterprise that enables high-potential university students to create digital solutions to africas most pressing problems. We upskill high-potential university students, connect them with internship interviews at the worlds top tech companies, and create digital solutions to urgent problems in their home countries together. The program is free for students, making the opportunity available for youth who have talent but lack the means to use it. A2svs rigorous three-month training program prepares students for internships with companies like google, palantir, and linkedin. The internships give students the experience they need to design and build products that improve the quality of life in africa. We are unlike any other programming academy because we permanently incorporate students ventures under the umbrella of the organization, going beyond training to deliver concrete impact. Offering students an ecosystem to actualize their ideas means that up-and-coming developers use their skills to benefit africa, rather than taking their talent elsewhere.”

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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/ReturnTs02023-11-14T17:00:03-05:00
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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
$896,178
Liabilities
$14,353
Net assets
$881,825
Revenue
$1,000,013
Expenses
$118,188
Net income
$881,825
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.41$1.56$0.15
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.61$0.04$1.57$1.25$1.51$0.26
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.99$0.17$1.82$2.01$0.19$1.82
2022Detailed filing. Detailed filing data is available for this year.$0.90$0.01$0.88$1.00$0.12$0.88