Civic Intelligence

Silicon Valley Forum

990 • Fiscal year 2014 • EIN 77-0312497

Jul 01, 2013 to Jun 30, 2014 • Filed on May 14, 2015

189 W Santa Clara StreetSan Jose, CA 95113

(408) 380-7241

Siviq Scores

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

Liabilities / Assets

85th percentile

0.60x

Higher debt load relative to assets than 85% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

76th percentile

0.26x

Higher debt load relative to revenue than 76% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

12th percentile

-22%

Higher net margin than 12% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

2nd percentile

-61%

Faster asset growth than 2% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

15th percentile

-19%

Faster revenue growth than 15% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2014

Assets

Down

$270,972

Down $429,712 (-61%) from 2013

Net Assets

Down

$109,544

Down $383,968 (-78%) from 2013

Liabilities

Down

$161,428

Down $45,744 (-22%) from 2013

Revenue

$624,429

No earlier filing loaded for comparison.

Expenses

Down

$761,690

Down $63,473 (-7.7%) from 2013

Net Income

-$137,261

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $602,449Liabilities 2011: $293,024Net Assets 2011: $309,4252011Assets 2012: $855,810Liabilities 2012: $272,470Net Assets 2012: $583,3402012Assets 2013: $700,684Liabilities 2013: $207,172Net Assets 2013: $493,5122013Assets 2014: $270,972Liabilities 2014: $161,428Net Assets 2014: $109,5442014Assets 2015: $288,037Liabilities 2015: $220,555Net Assets 2015: $67,4822015Assets 2016: $205,622Liabilities 2016: $127,224Net Assets 2016: $78,3982016Assets 2017: $393,593Liabilities 2017: $343,427Net Assets 2017: $50,1662017Assets 2018: $479,728Liabilities 2018: $355,512Net Assets 2018: $124,2162018Assets 2019: $226,500Liabilities 2019: $157,470Net Assets 2019: $69,0302019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2014

Assets$270,972
Liabilities$161,428
Net Assets$109,544

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $789,962Expenses 2011: $863,126Net Income 2011: -$73,1642011Revenue 2012: $959,149Expenses 2012: $868,427Net Income 2012: $90,7222012Expenses 2013: $825,1632013Revenue 2014: $624,429Expenses 2014: $761,690Net Income 2014: -$137,2612014Revenue 2015: $573,593Expenses 2015: $615,655Net Income 2015: -$42,0622015Revenue 2016: $638,176Expenses 2016: $627,260Net Income 2016: $10,9162016Revenue 2017: $723,121Expenses 2017: $745,653Net Income 2017: -$22,5322017Revenue 2018: $1,233,996Expenses 2018: $1,159,946Net Income 2018: $74,0502018Revenue 2019: $1,056,619Expenses 2019: $1,111,805Net Income 2019: -$55,1862019Revenue 2020: $504,476Expenses 2020: $573,506Net Income 2020: -$69,0302020

Highlighted filing

2014

Revenue$624,429
Expenses$761,690
Net Income-$137,261
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 14, 2015
Return Version
2013v4.0
Gross Receipts
$679,048
Mission and Program Overview

Mission

The organization fosters innovation, entrepreneurship and leadershipwithin the san francisco/silicon valley ecosystem of individuals andbusinesses participating in emerging technologies by:* creating connections and community* providing education and access to resources* linking the global business community to silicon valley, and* facilitating the exchange of unbiased knowledge, insights and bestpractices.

Svforum fosters innovation, entrepreneurship & leadership within the sf/sv ecosystem.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$337,436$168,868▼ $168,568
Land, Buildings, and Equipment, Net$85,088$58,456▼ $26,632
Cash and Non-Interest-Bearing Accounts$19,766$30,428▲ $10,662
Prepaid Expenses and Deferred Charges$1,231$6,340▲ $5,109
Accounts Receivable$249,828$430▼ $249,398
Total Assets$700,684$270,972▼ $429,712
Other Assets Total$7,335$6,450▼ $885
Liabilities
Deferred Revenue$161,809$133,335▼ $28,474
Accounts Payable and Accrued Expenses$44,515$28,093▼ $16,422
Other Liabilities$848$0▼ $848
Total Liabilities$207,172$161,428▼ $45,744
Net Assets / Fund Balance
Temporarily Rstr Net Assets$239,116$0▼ $239,116
Unrestricted Net Assets$254,396$109,544▼ $144,852
Total Net Assets Fund Balance$493,512$109,544▼ $383,968
Total Liabilities and Net Assets / Fund Balance$700,684$270,972▼ $429,712

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$55,930$20,670$76,600
Equipment$2,526$5,583$8,109
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chris Gill - to 06282013CEOFT$86,254$17,872$104,126

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Growth Resources INCContract Interim Ceo-$135,284
Revenue and Support

Revenue Composition

Contributions and Grants
$408,713
Program Service Revenue
$215,869
Investment Income
$-7,248
Other Revenue
$7,095
All Other Contributions
$319,940
Change in Net Assets
$-137,261
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$431,814
Salaries, Compensation, and Employee Benefits$329,876
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$139,020$59,580-$198,600
Fees for Services Management$94,699$40,585-$135,284
Fees for Services Other$70,635$30,273-$100,908
Conferences and Meetings$90,332--$90,332
Current Officers, Directors, Trustees, and Key Employees$57,131$24,485-$81,616
Other Employee Benefits$34,762$14,898-$49,660
Information Technology$20,532$8,799-$29,331
Depreciation Depletion$13,525$5,797-$19,322
Advertising$9,440--$9,440
Occupancy$6,095$2,612-$8,707
Office Expenses$5,794$2,459-$8,253
Insurance$3,020$1,294-$4,314
Other Expenses$1,589$681-$2,270
Travel$760$326-$1,086
Total Functional Expenses$569,901$191,789$0$761,690
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$51,390
Fundraising Direct Expenses$47,309
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$61,944$51,390$21,483$29,907
Total Events$61,944$51,390$47,309$4,081
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Susan Lucas-conwellSusan Lucas-conwell Is a Current Board MemberSUSAN LUCAS-CONWELL SERVED AS CONTRACT INTERIM CEO FOR THE ORGANIZATION. THE ORGANIZATION PAID GROWTH RESOURCES, INC, A COMPANY OF WHICH SUSAN'S HUSBAND IS A PRINCIPAL OWNER FOR HER SERVICES PROVIDED.No$135,284
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
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, Section B, Line 11

A copy of the form 990 in substantially final form was provided to the board of directors to allow the directors an opportunity to review and comment on the accuracy of the information presented therin based on any information of which they have actual knowledge (without any independent investigation).

Form 990, Part VI, Section B, Line 12C

Each year the members of the board receive a copy of the svforum conflict of interest policy and code of ethics, together with a conflict of interest disclosure form. Each director completes the form and affirms that they have received, read, and agree to comply with the conflict of interest policy and code of ethics. They further agree to promptly notify svforum of any material changes in the information provided in the form.

Form 990, Part VI, Section B, Line 15A

Svforum's compensation committee independently reviews and approves the ceo's base compensation on a quarterly basis. In the case of annual bonuses and salary increases, the compensation committee makes recommendations to the board of directors for discussion and final approval by the board.

Form 990, Part VI, Section C, Line 19

Svforum makes its governing documents, policies, and financial statements available to the public upon request.

Filing and Contact Details

Filer

EIN
77-0312497
Phone
4083807241

Signing Officer

Name
Adiba Barney
Title
CEO
Phone
4083807241
Signed
2015-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adiba Barney
Formed
1993
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
11
Employees
6
Volunteers
50

Preparer

Preparer
Lawrence S Kuechler
Phone
4084941200
Supplemental Narrative

Additional Explanations

Form 990 Part V Line 2B

The organization uses a professional employer organization to handle its payroll reporting activities.

Form 990, Part IX, Line 11G

Contract programs manager: program service expenses 69,681. Management and general expenses 29,863. Fundraising expenses 0. Total expenses 99,544. Other misc service: program service expenses 954. Management and general expenses 410. Fundraising expenses 0. Total expenses 1,364.

FORM 990, PART XI, LINE 9:

Voided check against expenses incurred in prior fiscal year 1,300.

Raw XML AppendixShowing 400 of 538 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/MissionDesc0SVFORUM FOSTERS INNOVATION, ENTREPRENEURSHIP AND LEADERSHIP WITHIN THE SAN FRANCISCO/SILICON VALLEY ECOSYSTEM OF INDIVIDUALS AND BUSINESSES PARTICIPATING IN EMERGING TECHNOLOGIES BY:* CREATING CONNECTIONS AND COMMUNITY* PROVIDING EDUCATION AND ACCESS TO RESOURCES* LINKING THE GLOBAL BUSINESS COMMUNITY TO SILICON VALLEY, AND* FACILITATING THE EXCHANGE OF UNBIASED KNOWLEDGE, INSIGHTS AND BEST PRACTICES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt0109544
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IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt04081
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt04081
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02612
IRS990/OccupancyGrp/ProgramServicesAmt06095
IRS990/OccupancyGrp/TotalAmt08707
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02459
IRS990/OfficeExpensesGrp/ProgramServicesAmt05794
IRS990/OfficeExpensesGrp/TotalAmt08253
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07335
IRS990/OtherAssetsTotalGrp/EOYAmt06450
IRS990/OtherChangesInNetAssetsAmt01300
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt014898
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IRS990/OtherExpensesGrp/Desc0CAM EXPENSE
IRS990/OtherExpensesGrp/Desc1MERCHANT DISCOUNTS & FE
IRS990/OtherExpensesGrp/Desc2MEALS & ENTERTAINMENT
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IRS990/OtherExpensesGrp/ProgramServicesAmt012259
IRS990/OtherExpensesGrp/ProgramServicesAmt110308
IRS990/OtherExpensesGrp/ProgramServicesAmt21589
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IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISC REFUNDS
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IRS990/OtherRevenueTotalAmt03014
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt059580
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0139020
IRS990/OtherSalariesAndWagesGrp/TotalAmt0198600
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01231
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IRS990/PrincipalOfficerNm0ADIBA BARNEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0EVENTS & SEMINARS
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IRS990/ProhibitedTaxShelterTransInd00
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IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
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IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0218883
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0337436
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0168868
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt0127975
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0481
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0885
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IRS990ScheduleA/InvestmentIncomeCYPct00.00060
IRS990ScheduleA/InvestmentIncomePYPct00.00170
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt010400
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt018726
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt03500
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/PublicSupportTotal509Amt03774008
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0221247
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01150534
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IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0285635
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01451203
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0905612
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0794833
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01462084
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0925223

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