Civic Intelligence

Silicon Valley De-Bug

990 • Fiscal year 2020 • EIN 46-4274158

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 05, 2021

701 Lenzen AvenueSan Jose, CA 95126

(408) 971-4965

Siviq Scores

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

Liabilities / Assets

58th percentile

0.16x

Higher debt load relative to assets than 58% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

48th percentile

0.12x

Higher debt load relative to revenue than 48% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

81st percentile

30%

Higher net margin than 81% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

39th percentile

$8,211

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

94th percentile

114%

Faster asset growth than 94% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

83rd percentile

37%

Faster revenue growth than 83% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,627,212

Up $865,838 (+114%) from 2019

Net Assets

Up

$1,367,716

Up $605,054 (+79%) from 2019

Liabilities

Up

$259,496

Up $260,784 (+20247%) from 2019

Revenue

Up

$2,095,776

Up $565,859 (+37%) from 2019

Expenses

Up

$1,470,050

Up $85,737 (+6.2%) from 2019

Net Income

Up

$625,726

Up $480,122 (+330%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2014: $246,710Liabilities 2014: $5,662Net Assets 2014: $241,0482014Assets 2015: $186,047Liabilities 2015: $9,051Net Assets 2015: $176,9962015Assets 2016: $814,755Liabilities 2016: $12,872Net Assets 2016: $801,8832016Assets 2017: $1,099,843Liabilities 2017: $5,296Net Assets 2017: $1,094,5472017Assets 2018: $624,255Liabilities 2018: $5,638Net Assets 2018: $618,6172018Assets 2019: $761,374Liabilities 2019: -$1,288Net Assets 2019: $762,6622019Assets 2020: $1,627,212Liabilities 2020: $259,496Net Assets 2020: $1,367,7162020Assets 2021: $1,573,322Liabilities 2021: $50,760Net Assets 2021: $1,522,5622021Assets 2022: $2,381,212Liabilities 2022: $161,229Net Assets 2022: $2,219,9832022Assets 2023: $4,052,912Liabilities 2023: $239,349Net Assets 2023: $3,813,5632023Assets 2024: $4,362,948Liabilities 2024: $344,937Net Assets 2024: $4,018,0112024

Highlighted filing

2020

Assets$1,627,212
Liabilities$259,496
Net Assets$1,367,716

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $484,890Expenses 2014: $245,991Net Income 2014: $238,8992014Revenue 2015: $433,419Expenses 2015: $497,472Net Income 2015: -$64,0532015Revenue 2016: $1,396,470Expenses 2016: $771,582Net Income 2016: $624,8882016Revenue 2017: $1,384,238Expenses 2017: $1,091,574Net Income 2017: $292,6642017Revenue 2018: $792,655Expenses 2018: $1,268,585Net Income 2018: -$475,9302018Revenue 2019: $1,529,917Expenses 2019: $1,384,313Net Income 2019: $145,6042019Revenue 2020: $2,095,776Expenses 2020: $1,470,050Net Income 2020: $625,7262020Revenue 2021: $2,051,804Expenses 2021: $1,896,958Net Income 2021: $154,8462021Revenue 2022: $2,736,583Expenses 2022: $2,102,902Net Income 2022: $633,6812022Revenue 2023: $4,162,436Expenses 2023: $2,568,856Net Income 2023: $1,593,5802023Revenue 2024: $3,528,306Expenses 2024: $3,323,858Net Income 2024: $204,4482024

Highlighted filing

2020

Revenue$2,095,776
Expenses$1,470,050
Net Income$625,726
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 5, 2021
Return Version
2020v4.0
Gross Receipts
$2,095,776
Mission and Program Overview

Mission

Silicon Valley De-Bug is a grassroots community organization based in San Jose, CA comprised of young people and families from disadvantaged communities coming together to give voice to our typically unseen and unheard experiences through education, training, and media production. Silicon Valley De-Bug provides a safe space for our constituency to then act on pressing social issues and implement the solutions identified.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$690,661$1,543,462▲ $852,801
Land, Buildings, and Equipment, Net$67,034$43,290▼ $23,744
Prepaid Expenses and Deferred Charges-$22,040-
Cash and Non-Interest-Bearing Accounts$3,682$18,420▲ $14,738
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$761,374$1,627,212▲ $865,838
Other Assets Total$-3$0▲ $3
Liabilities
Mortgage Notes Payable Secured by Investment Property-$197,336-
Accounts Payable and Accrued Expenses$-1,288$62,160▲ $63,448
Total Liabilities$-1,288$259,496▲ $260,784
Net Assets / Fund Balance
Net Assets With Donor Restrictions$165,000$780,000▲ $615,000
Net Assets Without Donor Restrictions$597,662$587,716▼ $9,946
Total Net Assets Fund Balance$762,662$1,367,716▲ $605,054
Total Liabilities and Net Assets / Fund Balance$761,374$1,627,212▲ $865,838

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$40,973$112,189$153,162
Other Land Buildings$2,317$1,938$4,255
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Raj JayadevExecutive DirectorFT$8,211$8,211

Board Members and Trustees

NameTitle
Blanca BosquezBoard Chair
Anna TurnerBoard Member
Isabel GonzalezBoard Member
Shana WhiteSecretary
Regina CardenasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,947,076
Program Service Revenue
$145,699
Investment Income
$1,713
Other Revenue
$1,288
All Other Contributions
$1,947,076
Change in Net Assets
$625,726

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,095,776
Total Revenue per Audited Statements
$2,095,776
Total Revenue per Form 990
$2,095,776
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,053,109
Other Expenses$416,941
Total Fundraising Expense$14,991
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$766,905$6,263$5,047$778,215
Fees for Services Other$205,619$1,780-$207,399
Other Employee Benefits$195,361$1,588$2,311$199,260
Payroll Taxes$66,709$486$228$67,423
Occupancy$39,052$879$3,514$43,445
Depreciation Depletion-$29,155-$29,155
Insurance$24,671$527$2,271$27,469
Conferences and Meetings$26,875$1$4$26,880
Office Expenses$21,520$2,365$314$24,199
Travel$15,639--$15,639
All Other Expenses$8,746$623$804$10,173
Current Officers, Directors, Trustees, and Key Employees$8,092$66$53$8,211
Other Expenses$7,161$67$270$7,498
Total Functional Expenses$1,411,215$43,844$14,991$1,470,050

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,470,050
Total Expenses per Audited Statements$1,470,050
Total Expenses per Form 990$1,470,050
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Executive Director reviews the Form 990 and addresses questions for the professional preparer. He reviews the 990 with members of the board highlighting key areas.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board members are annually asked to disclose any potential conflicts of interest.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The organization uses comparability salary data from the web to determine Executive Director's compensation.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The Executive Director is the only officer/Board members who receives compensation. The organization uses comparability salary data from the web to determine Executive Director's compensation.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, policies, and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
Silicon Valley De-Bug
EIN
46-4274158
Phone
4089714965
Address
701 Lenzen Avenue, San Jose, CA 95126

Signing Officer

Name
Blanca Bosquez
Title
Board Chair
Signed
2021-11-05
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
6
Independent Board Members
5
Employees
25
Volunteers
300

Preparer

Firm
R J Ricciardi Inc
Address
1101 Fifth Avenue Suite 360, San Rafael, CA 94901
Preparer
June Nguyen
Phone
4154571215
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Organization is also exempt from California franchise taxes under Section 23701(d) of the Revenue and Taxation Code and, therefore, has made no provision for Federal or California income taxes. Contributors, donors, and grantors may obtain tax benefits. In addition, the Organization has been determined by the Internal Revenue Service not to be a private organization within the meaning of Section 509(a) of the Code.The Organization adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The Organization has analyzed tax positions taken for filing with the Internal Revenue Service and all state jurisdictions where it operates. The Organization believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the Organizations financial condition, results of operations or cash flows. Accordingly, the Organization has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at December 31, 2020. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

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IRS990/Desc0Silicon Valley De-Bugs three community programs are as follows:Media and StorytellingDe-Bug believes story-telling and media creation is a vehicle for individual transformation and can shape the way issues and moments are understood, conceptualized, and imagined by the larger public. To facilitate this process, De-Bug produces a bi-lingual magazine, a multimedia website, and a multitude of other media products drawing upon the creativity, analysis, and innovation of our community. And though our media products are delivered through numerous forms (such as articles, videos, books, music, art, and design) De-Bugs story-telling is driven by a guiding principle that those most proximate to the issue can share the most powerful, captivating, and insightful story.Participatory DefenseThrough De-Bugs organizing model, the Organization launched the Albert Cobarrubias Justice Project (ACJP), an innovative program that enables families and communities to have an impact on their local juvenile and criminal justice systems. Led by the very families impacted by the court systems, De-Bug originated participatory defense a community organizing model for youth, families, and community members to impact the outcome of cases and transform the landscape of power in the court system. The participatory defense framework combines multiple strategies including case advocacy, leadership development of youth and families affected by the justice system, and community organizing to develop and implement equitable justice policies. Since 2008, De-Bugs participatory defense activities have resulted in 10,208 years of time saved potential court sentences and incarceration time to youth and community members. The tremendous power of participatory defense has contributed to families being made whole, loved ones home, and numerous youths going to college instead of spending their transitional years in prison. Because De-Bugs organizational compass has always been guided by the ones most affected by the criminal justice system, their organizing campaigns have been led, championed, and won by the very families touched by the criminal justice system. Through the leadership of De-Bug families, theyve won changes in policing, charging of gang enhancements, separation of immigration and criminal justice policies, and improvements of conditions in detention. Nationally, they have built a field. De-Bug has grown our Participatory Defense Network from 11 hubs to now over 40 all trained in the principles, strategies, and tactics of participatory defense. At any given day of the week, there is a participatory defense meeting happening around the country, where families are supporting each other to navigate through the criminal, juvenile and immigration systems that threaten to tear families apart. And they are winning keeping families and communities whole, while fueling a ground up movement to end mass incarceration.Community OrganizingDe-Bugs community organizing work is an expression of our youth and families directions, and often where our story-telling work is applied. The participants come in the form of goal-oriented campaigns aimed at making system-wide changes that can measurably change the lives of those within De-Bug as well as the larger community. Their campaigns have been local policy-setting, state legislation, and moving the national political landscape. Led by youth and families most directly impacted by the issues they address, they have campaigns to:Push for alternatives to incarceration and detention that prioritize rehabilitation, services, programs and counselingPush for protections for tenants from unjust evictionsCall for law enforcement accountability and stop police killingsChallenge racist criminal justice policies and practices that fuel mass incarceration
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IRS990/MissionDesc0Silicon Valley De-Bug is a grassroots community organization based in San Jose, CA comprised of young people and families from disadvantaged communities coming together to give voice to our typically unseen and unheard experiences through education, training, and media production. Silicon Valley De-Bug provides a safe space for our constituency to then act on pressing social issues and implement the solutions identified.
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IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0DIRECT LOBBYING: We sent letters of support for bills in CA that were going to be voted on, that directly relate to our programs. We also met with some legislators on SB 823 and SB 230. We also sent letters of support regarding increased police accountability here in San Jose to our local City Council members, and for immigrant protections to our local County Board of Supervisors.INDIRECT LOBBYING: We recommended that subscribers to our newsletter and to our social media followers that they email and call our legislators to vote on the bills that directly related to our mission. We also recommended that they vote for criminal justice reform bills that promote rehabilitation, public safety, and racial justice.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I-A, Line 1 - Direct and Indirect Political Campaign Activities
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Organization is also exempt from California franchise taxes under Section 23701(d) of the Revenue and Taxation Code and, therefore, has made no provision for Federal or California income taxes. Contributors, donors, and grantors may obtain tax benefits. In addition, the Organization has been determined by the Internal Revenue Service not to be a private organization within the meaning of Section 509(a) of the Code.The Organization adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The Organization has analyzed tax positions taken for filing with the Internal Revenue Service and all state jurisdictions where it operates. The Organization believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the Organizations financial condition, results of operations or cash flows. Accordingly, the Organization has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at December 31, 2020. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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