Silicon Valley Chinese School

990EZ • Fiscal year 2021 • EIN 77-0037366

Sep 01, 2020 to Aug 31, 2021 • Filed on Jan 07, 2022

Organization Profile www.svcs-us.org

PO Box 700762San Jose, CA 95170

(408) 647-6394

Siviq Scores

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

0.40x

Higher debt load relative to assets than 88% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

0.86x

Higher debt load relative to revenue than 94% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

16%

Higher net margin than 60% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

9.2%

Faster asset growth than 55% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

-15%

Faster revenue growth than 34% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet

Liabilities / Assets88th percentile

Assets

$313,951

Up $26,361 (+9.2%) from 2020

Net Assets

$187,421

Up $23,551 (+14%) from 2020

Liabilities

$126,530

Up $2,810 (+2.3%) from 2020

Revenue And Expenses

Liabilities / Revenue94th percentile Net Margin60th percentile

Revenue

Down

$147,430

Down $26,547 (-15%) from 2020

Expenses

Down

$123,879

Down $52,088 (-30%) from 2020

Net Income

$23,551

Up $25,541 (+1283%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

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

Highlighted filing

2021

Assets$313,951

Liabilities$126,530

Net Assets$187,421

Open 2021 Filing

Operations Trend

Revenue Growth34th percentile

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

Highlighted filing

2021

Revenue$147,430

Expenses$123,879

Net Income$23,551

Open 2021 Filing

Jump To

Filing Snapshot

Filing Period: Sep 1, 2020 to Aug 31, 2021
Signed: Jan 7, 2022
Return Version: 2020v4.0
Gross Receipts: $147,430

Mission and Program Overview

Mission

Educational

Educational Program of Chinese Language and Culture for school students aged from 4 to 18.There are 321 students enrolled in 2020-2021.

Program Services

Description	Grants	Expenses
Educational Program of Chinese Language and Culture for school students aged from 4 to 18. There are 321 students enrolled in 2020-2021.	$122,679	-

Compensation and Service Providers

Top Officer Pay77th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Elaine Hu	Chairman	-	$0	-	-
Derek Wu	Secretary	-	$0	-	-
Connie Chiang	Treasurer	-	$0	-	-
Andy Chern	Board Member	-	$0	-	-
Paul Sun	Board Member	-	$0	-	-
Ronald Law	Board Member	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Silicon Valley Chinese School
EIN: 77-0037366
Phone: 4086476394
Address: PO BOX 700762, SAN JOSE, CA 95170

Signing Officer

Name: Yin Yen Hu
Title: Chairman
Signed: 2022-01-07
Discuss with paid preparer: Yes

Preparer

Firm: Vincent Chong CPA Inc
Address: 2051 JUNCTION AVE 212, SAN JOSE, CA 95131
Preparer: Inling Chou
Phone: 4084351008

Supplemental Narrative

Additional Explanations

Other Revenue.1

“Advertising Income $800”

Other Expenses.1012

“Insurance $3323”

Other Expenses.1

“Storage Rental $8620”

Other Expenses.2

“Books, Copy, Classroom Supplie $4179”

Other Expenses.3

“Teachers Recognization Meeting $2614”

Other Expenses.5

“Payroll Service $1626”

Other Expenses.6

“Academic Contest $1556”

Other Expenses.7

“Dues & Subscription $1374”

Other Expenses.8

“Gifts $461”

Other Expenses.9

“Graduation $460”

Other Expenses.10

“Teacher's Day Gift $435”

Other Expenses.11

“Prior Year Adjustment $330”

Other Expenses.12

“Prior Year IRS penalty Refund $-2460”

Other Assets.1011

“Prepaid Expenses and Deferred Charges - Beginning $10473 Prepaid Expenses and Deferred Charges - Ending $14210”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $3773”

Total Liabilities.1

“Deferred Revenue - Beginning $123720 Deferred Revenue - Ending $122757”

Raw XML Appendix182 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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IRS990EZ/BooksInCareOfDetail/PersonNm	0	ANNIE CHENG
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	4086476394
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	PO BOX 700762
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	SAN JOSE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	95170
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	277117
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	299741
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	1946
IRS990EZ/CostOfGoodsSoldAmt	0	0
IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	23551
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	1200
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	287590
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	313951
IRS990EZ/FundraisingGrossIncomeAmt	0	0
IRS990EZ/GrossReceiptsAmt	0	147430
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	59
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	163870
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	187421
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	163870
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	187421
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	5	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	5	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	Elaine Hu
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	Derek Wu
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	Connie Chiang
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	Andy Chern
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	Paul Sun
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	5	Ronald Law
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	5	Board Member
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	10473
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	14210
IRS990EZ/OtherExpensesTotalAmt	0	22518
IRS990EZ/OtherRevenueTotalAmt	0	800
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	Educational Program of Chinese Language and Culture for school students aged from 4 to 18.There are 321 students enrolled in 2020-2021.
IRS990EZ/PrintingPublicationsPostageAmt	0	1914
IRS990EZ/ProgramServiceRevenueAmt	0	144625
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	Educational Program of Chinese Language and Culture for school students aged from 4 to 18. There are 321 students enrolled in 2020-2021.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	122679
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	98247
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	true
IRS990EZ/SpecialEventsDirectExpensesAmt	0	0
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	123720
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	126530
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	123879
IRS990EZ/TotalProgramServiceExpensesAmt	0	122679
IRS990EZ/TotalRevenueAmt	0	147430
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/WebsiteAddressTxt	0	http://www.svcs-us.org
IRS990ScheduleA/SchoolInd	0	X
IRS990ScheduleE/ComplianceWithRevProc7550Ind	0	true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd	0	false
IRS990ScheduleE/DiscriminateRaceAthltProgInd	0	false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd	0	false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd	0	false
IRS990ScheduleE/DiscriminateRaceOtherActyInd	0	false
IRS990ScheduleE/DiscriminateRaceSchsInd	0	false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd	0	false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd	0	false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd	0	false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd	0	false
IRS990ScheduleE/MaintainCpyOfAllSolInd	0	true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd	0	true
IRS990ScheduleE/MaintainRacialCompRecsInd	0	true
IRS990ScheduleE/MaintainScholarshipsRecsInd	0	true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd	0	true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd	0	true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd	0	true
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Advertising Income $800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Insurance $3323
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Storage Rental $8620
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	Books, Copy, Classroom Supplie $4179
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	Teachers Recognization Meeting $2614
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	Payroll Service $1626
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	6	Academic Contest $1556
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	7	Dues & Subscription $1374
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	8	Gifts $461
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	9	Graduation $460
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	10	Teacher's Day Gift $435
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	11	Prior Year Adjustment $330
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	12	Prior Year IRS penalty Refund $-2460
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	13	Prepaid Expenses and Deferred Charges - Beginning $10473 Prepaid Expenses and Deferred Charges - Ending $14210
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	14	Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $3773
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	15	Deferred Revenue - Beginning $123720 Deferred Revenue - Ending $122757
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	5	Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	6	Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	7	Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	8	Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	9	Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	10	Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	11	Other Expenses.11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	12	Other Expenses.12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	13	Other Assets.1011
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	14	Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	15	Total Liabilities.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd	0	AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd	0	FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd	0	IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd	0	0
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	YIN YEN HU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2022-01-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	SILICON VALLEY CHINESE SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt	0	SILI
ReturnHeader/Filer/EIN	0	770037366
ReturnHeader/Filer/PhoneNum	0	4086476394
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	PO BOX 700762
ReturnHeader/Filer/USAddress/CityNm	0	SAN JOSE
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	CA
ReturnHeader/Filer/USAddress/ZIPCd	0	95170
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	453723957
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	VINCENT CHONG CPA INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	2051 JUNCTION AVE 212
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	SAN JOSE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	95131
ReturnHeader/PreparerPersonGrp/PhoneNum	0	4084351008
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	Inling Chou
ReturnHeader/ReturnTs	0	2022-01-07T13:22:23-08:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	YIN YEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	HU
ReturnHeader/TaxPeriodBeginDt	0	2020-09-01
ReturnHeader/TaxPeriodEndDt	0	2021-08-31
ReturnHeader/TaxYr	0	2020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing

Assets: $313,951
Liabilities: $126,530
Net assets: $187,421
Revenue: $147,430
Expenses: $123,879
Net income: $23,551

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$3.51	$0.95	$2.56	$1.26	$1.22	$0.04
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.44	$0.92	$2.52	$1.50	$1.40	$0.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.69	$1.26	$2.43	$1.59	$1.32	$0.27
2022Detailed filing. Detailed filing data is available for this year.	$3.15	$0.99	$2.16	$1.74	$1.45	$0.28
2021Detailed filing. Detailed filing data is available for this year.	$3.14	$1.27	$1.87	$1.47	$1.24	$0.24
2020Detailed filing. Detailed filing data is available for this year.	$2.88	$1.24	$1.64	$1.74	$1.76	$0.02
2019Detailed filing. Detailed filing data is available for this year.	$3.17	$1.51	$1.66	$1.93	$2.11	$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.44	$1.60	$1.84	$2.02	$2.09	$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.67	$1.77	$1.91	$2.40	$2.35	$0.05
2016Detailed filing. Detailed filing data is available for this year.	$3.66	$1.80	$1.86	$2.24	$2.31	$0.07
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.95	$2.02	$1.93	$2.25	$2.30	$0.05
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.74	$1.76	$1.98	$2.25	$2.41	$0.16
2013Summary only. Only limited summary data is available for this year.	$4.00	$1.86	$2.14	$2.15	$2.15	$0.00
2012Summary only. Only limited summary data is available for this year.	$3.90	$1.76	$2.14	$2.27	$2.27	$0.00
2011Summary only. Only limited summary data is available for this year.	$4.06	$1.92	$2.14	$2.41	$2.41	$0.00